A two-year advanced management degree, MBA in Finance is one of the most popular courses among the young generation.
It is an MBA course specialty. It imparts knowledge of the economic globe, market trends, economic trends, etc., to college students.
All MBA Finance graduates can easily work as investment bankers, financial analysts, account managers, research analysts, and many other varying positions.
With this, he/she can expect to make an average salary of INR 4–20 LPA.
Top-Notch Reasons for Pursuing MBA in Finance
High in Demand
Every industry, including those in advertising, public relations, IT, education, consulting, and real estate, must keep track of cash flow, investment information, salary payment details, etc.
High Salaries
According to Payscale.com, an MBA in finance graduate is paid significantly more than those with other MBA specializations.
Since a person who has done his/her MBA in finance plays a key role, they stand in a position to receive huge packages.
Ensures Holistic Development
The MBA in finance is created in a method that exposes college students to both basic and advanced financial knowledge.
Comprehensive projects, internships, and management simulations are used to achieve this. These support pupils in self-evaluation so they can identify their areas of weakness.
The long-term overall development of college students is assured by it.
Networking Resources
As a result of their more practical curriculum, MBA in finance graduates have been shown to have extensive networking opportunities.
It requires collaboration, public speaking, and association with others. This leads to the development of strong professional networks, the development of desirable relationships, and the growth of people skills.
Eligibility Criteria
Although there are minor differences in terms of the minimum percentage asked for relaxations and reservations are allowed, almost all universities have the same eligibility conditions for MBA Finance admissions:
- Students must hold a bachelor's degree in any field with a minimum grade point average of 50% in order to apply.
- A valid score in any national-level MBA entrance exam is necessary.
Admission Process
All the Aspirants need to appear for the entrance exam and personal interview process. Admissions will be given to deserving candidates on the basis of their total performance in the entire admission process.
Syllabus & Subjects
Topics covered in the MBA Finance Syllabus include the introduction to finance, Accounting for business decisions, Financial Management, Financial Markets and services, Advanced corporate finance, financial derivatives, taxation, analysis of financial statements, etc.
These provide knowledge of and experience with market circumstances. Because of its industry-friendly curriculum, the MBA in Finance is one of the programs that businesses and college students find most appealing.
The following are some of the fundamental MBA finance subjects that are most frequently covered in the curriculum:
- Corporate Financial Restructuring
- Equity Research
- Financial Modeling
- Insurance and Risk Management
- Strategic Financial Management
- Behavioral Finance
MBA in Finance Salary in India
Some of the top-notch reputable recruiters include Credit Suisse India, HUL, Amazon, and American Express, are found to offer certain positions to MBA finance candidates with starting salaries ranging from 4 to 20 lacs per year, with salaries rising with years of experience and expertise in the sector.
Required Skills for an MBA in Finance
The prerequisite for an MBA student choosing finance as their area of specialization is the general business administrative competencies.
Based on the primary functions, only a few functional-specific competencies exist:
- Basic knowledge of accounting and financial management principles
- Be a Top-Notch Multitasker
- Ability to perform well under pressure
- Teamwork
- Ability to analyze detailed information
Career & Jobs Opportunities
Once you have completed your MBA in finance, you can easily get a job in both the banking and non-banking industries. These also include some of the most renowned companies as well.
Competent finance students may join the stock market, a prestigious business, the finance ministry, or related organizations.
Be it any industry, if you have done an MBA in finance, you can fit in. Some of the most common positions that people choose in any industry include Corporate Finance, Hedge Fund Management, Corporate Banking, Asset Management, Private Equity, and many more.
Scope of MBA in Finance
Today, every organization needs finance to function. The age of automation and industrialization is now.
Finance plays a key part in the development of industries. It is also important to note that numerous businesses and industries are currently experiencing severe economic challenges.
Professional financial managers devise practical strategies to help businesses improve their financial health and boost performance during such challenging times.
One of the best programs for helping prospective college students understand the potential of the field and use it to advance their careers is an MBA with a specialty in finance.
DPU GBSRC is here to provide you with an exceptional MBA in Finance degree while boosting your career prospects.
Visit us today and discover all the details about MBA in Finance with ease!