PLANNING TO DO MBA IN FINANCE ?
An MBA in finance balances mathematical rigor with management classes, and it can be a good way to direct your career towards c-suite jobs in finance, and on top of that this course will give you great opportunities like internship at various companies, allowing you to expand on your MBA while actively researching whether or not a career in finance is right for you. Finance is one of the most sought-after specialization of MBA. It is one of the oldest disciplines of management courses. In the last of the 19th century, Economics was the most popular subject that attracted a wide range of students towards MBA but with time the focus has changed to finance. When we hear the term ‘finance’, we think of it as a job in an old boring bank. But no, only banking is not all that finance has to offer you. 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. It is the age of industrialization all around the world, that has established many companies all around the globe helping students find a relevant job. 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 in finance is a 2-year degree programme. You can choose one of your favorites and interested specialization out of finance in marketing, HR, Operation etc. To get admission in an MBA institution you should be a graduate in any discipline with a good percentage. Here we are talking about one of the specializations called “Finance”. Students were asked as to why they are choosing finance as their specialization. Their replies were, “the financial crisis is being counted as the biggest crises in the world. And we had experienced one such crisis a couple of years ago”. All countries are demanding heavily skilled financial analyst against their financial sector for preparation and control. Therefore, MBA in finance is most sought out and one of the leading hot topics all across the world. In this course, the students are offered knowledge and skills of analytical thinking, continuous process, the concept of a managerial decision, maintaining a balance between risk & profitability, coordination process, and centralized nature. This course includes subjects like corporate finance, budgeting, costing, international finance, investment & securities, and working capital management. These subjects prepare the students to work with any financial organization. What is best an MBA in finance or a specialized master’s degree? An MBA in finance will prepare students for senior level and management jobs in the financial sector, with courses focusing more on management, communications, marketing, business leadership, and organizational behavior. Almost all MBA programs require the GMAT or GRE for acceptance. An MSc in finance, on the other hand, focuses more on technical and operational competencies, with classes such as linear algebra, differential equations and multivariable calculus taking precedence over management skills. Generally, an MBA in finance is geared more for leadership positions in the financial sector while an MSc in finance – generally more targeted at pre-experience candidates as well as those looking to move into specialized technical roles – is better suited to candidates moving into operational functions. Where an MBA in finance might pave the way to a CFO or hedge fund manager role, an MSc in finance might be appropriate for actuaries, economic theorists, economic behavioral modeling and financial analysts in the making.Admission criteria:
To get an admission in MBA with any specialization, it is necessary to appear and score in GMAT or CMAT exams (Graduate Management Admission Test/ Combined Management Admission Test). Some of the affiliated universities conduct their own admission examination. Yes, you can do MBA in finance through the distance learning education programmes. Some of the universities like Sikkim Manipal University and Indira Gandhi National Open University (IGNOU 2019) are offering the distance MBA programme. This is a great opportunity for students who want to do two courses at one time this is less time consuming and beneficial at the same time. Top colleges offering MBA in Finance course are:- 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
- School of Management & Sciences, Varanasi