An MBA in finance is a stepping stone for students to enter into the arena of middle and senior level management jobs in the financial and it’s related sectors .
. The most important reason behind MBA in Finance becoming popular amongst student’s lies in the challenging job opportunities in these sectors due to a world riddled with financial crisis and also due to the emerging trends in finance that the world at large has been facing since the last decade resulting in a demand in the Corporate world for qualified financial teams to safeguard assets of clients and this demand for financial savvy youngsters is increasing rapidly . Thus, professionals with a degree in finance and relevant skill sets have become the most “in-demand” professional’s .
Students aspiring for an MBA in Finance should anticipate that they will be pursuing a course which will qualify them to handle very responsible roles when they step into the work force and the corporate houses are there to reward them for their acumen .
They will become a part of successful teams handling finances of huge business houses . There are multiple opportunities for students who successfully complete an MBA in finance and the reason for this magnetism are the vast subjects taught to the students in the 2 years course along with experiential and practical sessions offered by the Institute .
Career Growth and Scope for MBA in Finance
An MBA in Finance has ample opportunities and a new horizon awaits the students for example a career in financial consultancies, financial institutions and banks. MBA finance students can choose to work in domains like accounting , management accounting , taxation , merchant banking, investment and consumer banking, international finance, corporate finance and institutional finance.
Once the student acquires work experience then he / she can choose to work as a Consultant offering consultancy services to multi-national companies and the corporates in the finance and investment banking sector.
MBA Finance students with required skill sets are offered key roles and profiles in the areas of financial analysis , portfolio management , treasury management, Corporate Banking and Corporate Finance to name a few .
Following are some of the job profiles largely offered to an MBA in Finance student.
- Financial Accounts Manager
- Management Accounts Manager
- Chief Financial Officers
- Management Consultants
- Investment Banking Associates
- Credit Managers & Specialists
- Financial Analyst
- Insurance & Risk Managers
- Investment Bankers
- Investment Advisors
The salary package and pay scale primarily depends on individual skills as well as on the business school from where the student has acquired his/ her MBA degree. A student with work experience has an added advantage .
Syllabus and subjects of MBA in Finance
MBA Finance syllabus is designed in a manner that enables the students to analyze the financial statements and reports , market and economic trends . The student is expected to have a balanced approach towards risk and profitability, managing and maximizing investment portfolio with minimum risk factor. The syllabus is designed to cater to the growing needs of management professionals for the Banking and Financial Services industry. The program is focused on developing quality management professionals equipped with technical and managerial competencies. The focus of the program is to develop a holistic and integrative approach towards management in the Banking and Financial Services industry.
The course in the MBA in Finance covers key topics and subject’s such as :
- Financial Accounting
- Cost and Management Accounting
- Financial Management
- Personal Financial Management
- Advanced Financial Management
- International Finance
- Technical and Fundamental Analysis of Financial Markets
- Commodity Markets
- Financial Modelling
- Project Finance
- Financial Risk Management
- Management Control System
- Bank Management
- Derivative Markets
- Business Valuation
- Behavioral Finance
- Acquisitions & Mergers
Skills required .
MBA Finance can be a preferred choice for MBA aspirants who are good with numbers and are comfortable working in fast growing sectors like Private Banking, Financial Services, Mutual Funds, Insurance, Corporate Finance and related areas.
The jobs in these sectors require strong technical skills , effective expression capacity , balanced approach , analytical skills and mathematical attitude .
Dr. Virendra V. Tatake
Director , Indira Global Business School