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 19th century it was the subject of Economics. By the start of the 20th 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 Exam or CMAT Exam (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 (OPENMAT Exam) 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:
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.
The students, who have done the MBA in finance, have a lot of job opportunities in government and the private sector. He/she can be a part of the stock market, top-notch organization, finance ministry and related organizations. Beside an MBA finance with CA can run his own business.
You can play the role of following positions in an industry:
- Asset Management
- Corporate Finance
- Corporate Banking
- Credit Risk Management
- Derivatives Structuring
- Hedge Fund Management
- Private Equity
- Treasury
After pursuing this course, you can find job placements in various areas such as Financial Institutions, Banks, Financial Consultancies, Colleges & Universities and various government and private firms & companies.
Recruiters
The top recruiters for MBA finance among all are as the following:
- Goldman Sachs
- Morgan Stanley
- Merrill Lynch
- Bain & Co
- Boston Consulting Group
- Lehman Brothers
- JP Morgan
- Barclays
- Deutsche Bank
- McKinsey
Salary Packages
“Finance is counted among one of the highly paid sectors of the country”.
It is a good paying degree course. Salary is no bar for the qualified and skilled one. A financial manager can earn Rs. 3 to 4 lacs per year.
Salary of an MBA in Finance qualified can also depend upon the working experience, qualification, recruiters, geographic location of the organization, etc. After gaining sufficient experience, you can easily earn attractive salary packages in both sectors.
Books & Study Materials
Here we are providing a list of most popular books to study MBA in Finance:
- The Intelligent Investor by Benjamin Graham, Jason Zweig, and Warren E. Buffet
- The Five Rules for Successful Stock Investing by Pat Dorsey and Joe Mansueto
- Common Stocks and Uncommon Profits and Other Writings by Philip A. Fisher and Kenneth L. Fisher
- Interpretation and Application of Generally Accepted Accounting Principles by Steven M. Bragg
- Competitive Strategy: Techniques for Analyzing Industries and Competitors by Michael E. Porter
- Best Practices for Equity Research Analysts by James J. Valentine
For any other queries about MBA in Finance, you can ask us by leaving your queries below in the comment box.
Hello sir, i have not taken maths as extra subject in b.com.. So.. Can i do mba in finance…. Or….. Is it neccessary to take maths to do mba in finance
No, You can do MBA.
I have complete BA.(doubli English with economics). So I want to doing MBA.In which more scopes Finance, HR or marketing. Please sir tell meright path in MBA. Thanks to you
Hello sir ,I have decided to pursue MBA in banking and finance (distance learning)from Narsee Monjee Institute is this right decision or not
sir now iam pursing mba finance in which field (job)we can get high position. it me promotion carrier growth and low stress
Hello .recently i complted my b.a graduation form delhi university . Now m planing to parsue MBA finance by distance .is this valueable ??
Hello Sir,
I have stuided b.com final year after i complete study i think mba is better option for my career but i confious which Cllge better for me and which subject i chosen in normal fees and better placement so pls yu give me right advice for my future career pls call me.
Hi,
I am planning to go abroad for my mba in finance but i plan to come back after my studies. Can you tell me if i will get a good job in India or not?
Hello sir
M pursing graduation with distance learning at ycmou. Will I get admission for M.B.A. Regular college??
Which entrance is best for M.B.A. And how & when to start preparation for M.B.A.
Plz tell me about of mba finance
Sir how much maths we should know to pursue MBA in finance????
you must well known to calculus because it helps in financing
Thanks this was helpful.
sir i am in class 12th with commerce i just want to know that MBA with finance is better for me and i not select that what i do after 12th class it is sure that i am surely complete a graduation course after 12th but then after i select mba with finance it is better or not and what is benefits for MBA with finance please kindly help me sir
thank you
have a nice day
We need more information relating the scope after doing MBA in finanace
sir i am an accountant and working in under charted accountant pl z tell benefit in future MBA finance for me
Hello Sir,
I’m pursuing MBA 2nd Year 3rd semester this semester i’m choosing Finance & Logistics specialization ,how to choose specialization i don’t know how to choose specialization because i’m living in rural area in tamilnadu,poor family my parents are innocent they don’t have education knowledge ,i’m a tamil medium student ..
2009 completed my Hr.sec.school 3years break after continue my UG degree now i’m pursuing MBA .
i’m worked at poorvika mobiles 2years in chennai(sales executive)
my old friends are says you can choose Finance and logistics so i’m choosing finance,,,
i want details about what is HR,Marketing,Finance,Logistics,systems,operation,production
Hello sir,
Now I’m studying B.E(mech) in final year. I want to study MBA. Is it useful in the future to me …? Plz suggest me
Helloo sir Iam about to pursue MBA Finace.can u please suggest me some courses/cerfications. where i can improve my package,since iam a fresher
My questions is that wt is best after 10 science or commerce which one is best for future
Hello sir, I completed my graduation in BA honours in economic with 52%.so it is preferable for me to study mba in finance. Pliz help me
Yes, ofcourse.
Sir i have done b.sc from (P.S.M) and i want to do M.b.A (HR)….so plzz….suggest me scope of this department
Hello sir
I’m doing B.tech 4yr
Ill be giving Cat this year and i want to have a career in MBA finance.
I have a good experience of share markets and have been doing research and investments in this sector.
But I don’t have a on paper experience related to economics and don’t have a commerce background.
Will it be difficult for me to get into MBA(finance)??
Sir I hve done bsc and mamaths can I do MBA in finance online or distance Learning please suggest
yes, you can pursue.
Hello sir I am about to pursue MBA in finance since I am a fresher I want to know what course apart certification or anything I can do so that I can land a high paying job
You can work on your communication skills, understanding the finance market in India. You can also work part time basis with any finance company so that u may get an idea of how things goes here. This will eventually help you in landing a good job.
Yes u can easily pursue Mba fin. As i hope u will be good in playing with numbers.I suggest you to go with full time MBA from a recognized university instead of online or distance.
Hello sir,
I have completed my Bsc-IT and MMS in Finance form mumbai university. I have to learn some course which will increase my skills in finance and i will get a good job in finance as a trainee manager or finance manager in banking sector or corporate sector.
hello sir, recently I completed my exams of b.com so I’m confused for finance or marketing in MBA, which I choose and my score 49% then I Will be able to criteria of MBA admission exams
I’m doing b.com final yr.(computer application)My next plan is to do MBA.I want to know more abt the scopes of MBA.I’m confused abt doing MBA finance and marketing.so which one is more suitable for me?My dream is to work in a coorporate world (in foreign countries).Can you suggest me the scope of these two departments and its opportunities?.