Master in Business Administration (MBA) in Finance helps a candidate to gain knowledge on managing, controlling and reviewing the collection, resources and investment of money. After completing the course on MBA Finance, one can get various opportunities in the financial market. The students will know how to analyze the reports of the company, maximising the stock values, forecasting the trends of the economy and so on.
MBA in Finance is offered by the top MBA institutes in the country. This is either offered as an elective course or as a specialization.
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Business schools offering MBA Finance
The most popular MBA in Finance institutes in India are as follows:
- SP Jain Institute of Management and Research (SPJIMR), Mumbai
- Indian Institute of Management (IIM), Lucknow
- Xavier School of Management (XLRI), Jamshedpur
- UEI Global, Delhi
- MIT School of Management, Pune
- Narsee Monjee Institute of Management Studies (NMIMS), Mumbai
- Management Development Institute, Gurugram
The eligibility criteria are the same that is required for the other MBA courses. Most of the educational institutes accept the candidates based on the scores that they have got in the different entrance exams like CAT, MAT, XAT, SNAP and others.
Subjects covered in MBA Finance
Subjects that are taught in MBA Finance course are as follows:
- Corporate investment management
- Hedge fund management
- Small business and corporate finance
- Securities analysis
- International finance
- Portfolio management
Skills required for pursuing MBA in Finance
A candidate who wants to pursue MBA in Finance need to have skills like leadership skills, analytical skills, teamwork, interpersonal skills, problem solving skills, communication and so on.
After completing the course in MBA Finance, a candidate can pursue careers in the fields like banking, financial planning, accounting and corporate finance. An individual can also get jobs in hedge fund management, taxation planning, portfolio management, insurance management, international finance and so on.
Job Roles after completing MBA in Finance
After the completion of the course in MBA in Finance, one can get jobs in both banking and non-banking sectors. All institutions need a finance department and hence there is a demand for financial experts for better handling of the finances. The students after completing the MBA in Finance can become part of finance ministry, stock market and so on.
The other positions in which the candidates can get jobs include
- Asset Management
- Corporate banking
- Corporate finance
- Credit risk management
- Derivatives structuring
- Private equity
Some of the companies that employ candidates who have completed MBA in Finance are:
- JP Morgan
- Goldman Sachs
- Morgan Stanley
- Lehman Brothers
- Boston Consulting Group
Depending on the experience of the candidate, the salary structure varies. The minimal average salary is Rs 3.50 per annum and the maximum that once can earn is Rs 11 lakh per annum.
For building a career in Finance, one must start to plan from the high school days. Planning early is better as you can start preparing for the entrance exams for MBA and get enrolled in a good educational institution.
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