MBA in Finance 2022-2023
In this article, we will learn a little about an MBA in Finance or otherwise called Masters of Business Administration, which might help you in knowing how to get admission and the admission process, eligibility criteria, and so on. Also, you will know more about the Syllabus of MBA in finance/ Subjects in MBA in finance, Scope with an MBA in finance, Salary you get completing MBA in finance/Job opportunities with an MBA in finance, MBA in finance fees structure.
Introduction to MBA in finance :
MBA in Finance or Masters of Business Administration in Finance is a 2-year course. It deals with different aspects of finance studies and their applications in the setting of business and management.
Also, this stream imparts knowledge on management, control, and review of the collection, investment, and resources of money. This course, MBA in Finance, opens up various opportunities for students in the financial world allowing the aspirant to learn to analyze the company’s reports, forecast economic trends, how to maximize the stock values, balance risk, and profitability, and at last investment portfolio management
Eligibility Criteria for MBA Finance:
Anyone with a minimum of 50-60% aggregate or an equivalent CGPA in their Bachelor’s degree can pursue this course. You will have to give an entrance exam like CAT, GMAT, SNAP, XAT on clearing which you can join the college you get a seat in. At the end of this article, you will find tags for more details on entrance exams.
Skills required for MBA in Finance:
The standard business administrative skills are the pre-requisite for an MBA student studying finance as a specialization. These include leadership skills, teamwork, problem-solving and analytical skills, initiative, interpersonal skills, communication skills, and many other skills. There are few functional-specific skills based on the key functions:
MBA – Finance Management Syllabus:
First Year:
| Financial Planning | Valuation of Bond & Shares | Time Value of Money- Introduction and |
| Finance Functions | Cost of Capital | Cost of Different Sources in Finance |
| Financial Management | Leverage | Capital Structure – Introduction, Features & Factors Affecting Capital Structure |
| Calculus for Business | Advance Marketing | Macroeconomics |
Second Year:
| Theories of Capital Structure | Capital Budgeting | Risk Analysis in Capital Budgeting |
| Capital Rationing | Working Capital Management | Cash Management |
| Models for Determining Optimal Cash Needs | Inventory Management | Dividend Decisions |
| Statistics for Business | Money and Capital Markets | Portfolio Analysis |
MBA in Finance Career Scope / Job opportunities :
After completing MBA in Finance, candidates have the option to pursue lucrative career options both in private and public sectors such as financial firms and consultancies, banks, the stock market, trading, account management, and others. Listed below are suitable job roles for candidates with MBA Finance degree:
- Account Manager
- Business Analyst
- Finance Officer
- Finance Manager
- Research Analyst
- Equity Research Analyst
- Accounts Officer
- Finance Executive
- Assistant Manager
Investment Banking will require the below-mentioned skillset:
| Strong quantitative and financial skills | Ability to perform well under pressure |
| Team player | Aggressiveness, strong internal motivation, and ambition |
| Ability to analyze detailed information – suggest and formulate recommendations quickly | Ability to synthesize an enormous amount of data into small manageable chunks |
| Handle multiple tasks and the ability to take criticism lightly | Submit the reports to the top management |
Corporate Finance will require the below-mentioned skillset:
| Quantitative Skills |
| Basic understanding of accounting and financial management principles |
| Ability to interpret numbers and draw conclusions from the results. |
| Ability to handle a wide variety of tasks |
Some essential course details of the MBA Finance course are as below:
| Full-Form | Master of Business Administration in Finance |
| Course Level | Postgraduate |
| Course Duration | 2 years |
| Examination | Semester |
| Eligibility | Minimum 50-60% in Bachelors Level |
| Admission Process | Entrance Exams |
| MBA in finance fees structure | INR 3-8 LPA |
| MBA Finance Subjects | Financial Accounting, Financial Management, Management Accounting, Financial Reporting, Financial Markets, etc |
| MBA Finance Jobs | Financial Consultant, Finance Manager, Business Analyst, Accounting Manager, Bank Manager, Corporate Controller, Relationship Manager, etc. |
| Average Salary | INR 4-10 LPA |
| Top Recruiters | HSBC, HDFC, ICICI, Genpact, E&Y, Morgan Stanley, Lehman Brothers, BCG, Barclays, etc. |
| MBA Finance Scope | MBA Abroad/Ph.D. in Management/ Professional Diploma Courses like CFA, PMP, CRMA, etc |
FAQ:
What does an MBA in Finance do?
An MBA with a specialization in Finance provides you with many desirable professional options. … An MBA in Finance will prime you for employment in corporate finance, commercial banking, financial planning, investment banking, and other important business sectors
Is MBA in Finance tough?
MBA in Finance is as rigorous as any other MBA program. However, since there is extra use of Maths and Statistics, some students may find it tougher than other specializations
Is MBA in finance good?
Today, an MBA in finance is often the most preferred choice amongst aspirants across the globe. The primary reason why so many opt for this field is that it offers excellent earning potential and rewarding career options in a variety of industries.
What is the difference between MBA and MBA in finance?
The major difference between these programs is that the MBA equips students with broader skills and knowledge in business and helps graduates apply these skills in many different areas. On the other hand, an MBA in Finance program is more finance-specific
Which field is best in MBA?
Most In-Demand MBA Specializations
- General Management. Of all the specialized MBA programs, General Management is consistently one of the most popular.
- International Management.
- Strategy
- Consultation
- Finance
- Entrepreneurship.
- Marketing.
- Operations Management.
