MBA in Finance

Introduction

Finance is one of the most sought after specialization of MBA. A big community of students is attracting with this specialization.

It is one of the oldest disciplines of management courses. In the last of the 19^th century it was the subject of Economics. By the start of the 20^th century it got the affiliation of an individual subject for study.

When we heard the term ‘finance’, we thought of the banking. But no, just only banking is not the all for finance.

”The financial management is concerned to the planning and controlling of the financial resources of an industry”.

Finance as a subject involves the management, control and review of the collection, investment and resources of money as a capital required for an industrial building, plant and working.

This activity is called as the Financial Management which is controlled by the Finance Manager.

The students always think that, why to do MBA in Finance. There are some other specializations in MBA curriculum, then after what is the scope of finance. Actually;

It is the age of industrialization in all around the world. Many industries are being established in many countries. Finance is the way to establish an industry in a proper way in according to the money management of the building, run, money resources and its proper collection.

Course Curriculum

MBA is a 2 year degree programme. You can choose the one of your favorites and interested specialization out of the finance, marketing, HR, Operation etc.

To get the admission in MBA you should have a graduate degree in any discipline with good percentage.

Here we are talking about one of the specializations called “Finance”.

Students were asked that why you are choosing finance as their specialization. Replies, the financial crisis is being counted as the biggest crises of the world. And we had the experienced that before a couple of years. All countries are demanding heavily the skilled financial analyst against their financial sector for preparation and control.

Therefore, MBA in finance is most sought programme in across the world.

In this course, the students are offered the knowledge and skills of analytical thinking, continuous process, concept of managerial decision, maintaining balance between risk & profitability, coordination process and centralized nature.

The course is included with the corporate finance, budgeting, costing, international finance, investment & securities and working capital management. These subjects prepare the students to work with any financial organization.

Actually, the students who have done the B.Com or having commerce in their qualifying examination, they are well going-through the finance, accountancy and related fields.

You can do the MBA in finance after the completion of UG degree in Engineering, medical, science, art and humanities.

Benefits of MBA in Finance course:

• You can initially join as a trainee or finance manager in various companies.
• You can opt organizational jobs for preparing financial reports or managing investment activities.
• After completing this course, you can also go for the further research studies.

Admission

To get the admission in MBA with any specialization, it is necessary to appear and score in GMAT 2019 or CMAT 2019 (Graduate Management Admission Test/ Combined Management Admission Test).

Some of the affiliated universities conduct their own admission examination.

Yes, you can do the MBA in finance through the distance learning education programme. Some of the universities like Sikkim Manipal University and Indira Gandhi National Open University (IGNOU 2019) are offering the distance MBA programme.

Some of the Indian Universities do not hold the entrance test for online education.

You may also check the following Examinations offering the MBA programmes:

• MAT 2019
• CAT 2019
• XAT 2019
• ATMA 2019
• IBSAT 2019
• SNAP 2019

Top colleges offering MBA in Finance course are listed here:

• Indian Institute of Management (IIM), Ahmedabad
• Indian Institute of Management (IIM), Bangalore
• Indian Institute of Management (IIM), Calcutta
• Xaviers Labour Research Institute (XLRI), Jamshedpur
• Indian Institute of Foreign Trade (IIFT), New Delhi
• Indian Institute of Management (IIM), Indore
• Indian Institute of Management (IIM), Lucknow

Jobs & Career

“There are lots of job opportunities are offered in the MBA (Finance) qualified in the public as well as private sector”.

Finance MBA can work in banking and non-banking sectors. You can work anywhere in the corporate world. Every industry has a need for financial expert for maintaining the balance of capital.