At present in India, Masters of Business Administration, popularly known as MBA, is the most opted postgraduate program among fresh graduates, working professionals and aspiring business leaders. It is an internationally recognized postgraduate program that promises a guaranteed success in various fields. The MBA offers specializations in several areas like International Business, Marketing, Human Resources, but MBA in Finance presents innumerable growth opportunities.
Let us learn about MBA in Finance in detail to know how it helps make our career more advance.
Learn all about MBA in Finance
Masters of Business Administration in Finance is a two-year full-time postgraduate program focusing on budgeting, costing, finance and analytics. It equips aspirants with a deep understanding of finance, wealth creation, reading and interpreting financial statements and investment strategies. The students who enroll in the program also develop leadership skills. The course helps students to learn strong communication and analytical skills. Students also gain the ability of critical thinking that enables them to make crucial decisions for an organization.
What an MBA in Finance course cover?
Before choosing a program, many students remain curious about the syllabus that a course cover. In MBA finance syllabus to be known are Accounting and Financial Management, Business Economics, Corporate Finance, Human Resource Management, Investment Banking, Taxation, Equity Research, Strategic Management, Microeconomics for Management, Strategic Thinking, Tax Planning and Investment Analysis as core subjects.
A career in MBA in Finance
A career after MBA in Finance is both exciting and challenging at the same time. An MBA Finance graduate is expected to analyze the market risk, prepare financial statements of an organization, prepare a budget for projects and campaigns, provide advice on transactions, and explore a company’s valuations. Apart from these roles and responsibilities, there are several other crucial roles that MBA in Finance graduates have to perform.
According to a report published by the India Brand Equity Foundation (IBEF), India has one of the world’s most robust economies. It is also expected that India will become the fourth largest private wealth market worldwide in the next seven years, IBEF suggests.
This presents a golden opportunity for aspiring business leaders to make a career in finance for a bright future ahead.
Career Prospects after MBA in Finance
1. Finance Manager: They are responsible for managing the wealth of the organization on a large scale.
2. Financial Consultant: They are responsible for providing financial services to the client and help them achieve their goals.
3. Financial Advisor: They help to eliminate financial risks and advices clients with various financial planning.
4. Risk Manager: In this profession, Risk Managers analyze the potential risks to an organization or individual’s wealth and tries to minimize them with different strategies.
5. Finance Associate: In this profession, an individual look after all the organization’s financial and accounting tasks. They are also responsible for preparing budget and financial reports.
In India, the average salary of an MBA in Finance graduate ranges between INR 5-10 lakh per annum. However, the salary package increases with experience in the field.
If you are looking for a rewarding career and aspire to climb the career ladder, opt for the MBA in Finance program today!