MBA in Finance
Master of Business Administration (MBA) in Finance is a two-year post-graduation course that deals with finances and accounts.
It teaches various concepts such as financial planning, advanced marketing, capital rationing, cash management, statistics for business, portfolio analysis, capital budgeting, financial management, and so on. The program trains students with inside and out information on asset management, financial planning, pricing, risk management, and so on.
At whatever point individuals consider an accounting course, it is constantly connected with numeric digits, cash, and so forth It isnt restricted to only funds, however, it is likewise fundamental to make abundance for an MBA with Finance consisting of hypothetical and functional viewpoints. It incorporates tasks, introductions, tests and temporary positions that empower them to find out about the monetary business.
MBA in Finance is the right course for students with great financial skills and information and the capacity to examine and have a deep understanding of the stock market and financial models.
During the program, students figure out how to apply hypothetical knowledge into the real trading and financial world.
Eligibility
The eligibility criteria for BBA in Finance program is as follows -
- A bachelor’s degree with an aggregate percentage of 50% or equivalent from any recognized college/university.
- Students who are appearing for the final examinations can also apply for this program. However, they must obtain a minimum of 50% of the aggregate percentage.
Duration of the course
The total duration of the course is two years. It consists of four semesters and each semester is six months long.
Why MBA in Finance?
It doesnt make a difference in the event that you are keen on promoting, educating, or in any event, counselling. Each organization you work with will require income to do ordinary exercises, for example, pay everybodys compensation, convey profits, reinvest in item advancement, and thats only the tip of the iceberg.
Thinking about its significance in each kind of business, sound information about it will help you settle on an important commitment in settling on choices for your organization. Along these lines, by choosing this field, you wont simply need to adhere to working for banks and other financial associations; truth be told, you can work in any and each organizations money division.
The account can be scary for some. In this way, on the off chance that you are searching for approaches to separate your resume from an immense heap, an administrative degree in money is a decent spot to begin.
In case youre entering the labour force as a fresher, indicating you have broad business information before youre even in the field can make you a more appealing applicant. This is particularly applicable in non-account zones, where monetary schooling isnt that normal however no less central to maintaining an effective business.
This field was in reality known to utilize traditional practices and cycles for a long, long time. In any case, with the progression in innovation, the universe of money has developed past customary huge banks.
Worldwide organizations like SoFi, Stripe, and Coinbase have upset understudy loan financing, instalment innovation, and development of digital currencies, separately. By picking this specialization, you stay aware of the developing field of financial innovation, otherwise called fintech.
Who is this course for?
The standard business authoritative abilities are the pre-essential for an MBA understudy considering finance as a specialization. These incorporate administration abilities, collaboration, critical thinking and scientific abilities, activity, relational abilities, relational abilities, and numerous different abilities. There are not many utilitarian explicit abilities dependent on the key capacities:
This course is ideal for students who possess the following skills such as -
- Quantitative Skills
- Basic knowledge and understanding of financial management principles and accounting.
- Capacity to interpret numbers and make determinations from the outcomes.
- Capacity to deal with a wide variety of tasks.
- Solid quantitative and financial abilities.
- Capacity to perform well under pressure.
- Cooperative person.
- Forcefulness, solid inward inspiration, and aspiration.
- Capacity to examine nitty-gritty data - propose and define proposals rapidly.
- Capacity to orchestrate a gigantic measure of information into little sensible pieces.
- Handle different tasks and the capacity to trifle with analysis.
- Present the reports to the top administration.
Admission
- Applicants will be chosen based on their scores in the four-year certification just as a selection test.
- There are many placement tests directed for the admission in MBA in Finance Management, for example, CAT, XAT and CMAT.
- Chosen applicants will be required to attend a personal interview and group discussion.
- The individuals who clear all the rounds effectively should pay the yearly charge to confirm their admission.
Selection
Colleges/Universities shortlist students on the basis of scores obtained in the entrance exam. The shortlisted students must further attend a few rounds. Students who pass in all those rounds will be given admission to the MBA in Finance course.
Syllabus
- Quantitative Analysis of Financial Decisions
- Portfolio Management
- Analysis and Management
- Indian Accounting Standards
- Economic Environment of Business
- Organizational Behaviour
- Financial Markets
- Capital Expenditure Planning and Control
- Risk Management
- Fixed Income Securities
- Fixed Income Securities
- Financial Management
- International Financial Management
- Security Analysis and Investment Management
- Financial Analysis, Planning and Control
- International Business Economics
- Financial Reporting
- Elective Subjects
- Quantitative Methods
- Management of Information System
- Managerial Economics
- Financial Accounting
- Commercial Banking
- Marketing Research
- Financial Risk Management
- Information Technology Management
- Financial Derivatives Project Planning
- Organization Effectiveness and Change
- Corporate Taxation
- Business Analysis and Valuation
- Financial Modeling Using Excel
- Management Accounting
- Corporate Taxation
- Corporate Governance
- Marketing Management
- Business Communication
- Human Resource Management
- Management of Financial Services
- Production and Operations Management
- Management Science
- Management Control System
- Commodities Derivatives Market
- Issues in Empirical Finance
Career after MBA in Finance
An MBA degree in Finance opens up different options for candidates in the financial world.
Graduates have colossal open positions in the private and government area. They can get a chance to work in the securities exchange or any money related associations. Other than this, anybody equipped with an MBA in money can likewise maintain their own business.
An MBA in Finance can work in different fields, for example, speculation banking, tax collection, charge arranging, budget summary detailing and investigation, mutual funds, the executives, global money, resource account, and protection of the board.
Students can apply for a wide range of job positions such as -
- Accounts Officer
- Equity Research Analyst
- Research Analyst
- Account Manager
- Finance Executive
- Business Analyst
- Finance Manager
- Assistant Manager
- Finance Officer
Students will be recruited by top recruiters such as -
- Boston Consulting Group
- Barclays
- Merrill Lynch
- McKinsey
- Deutsche Bank
- Bain & Co
- Lehman Brothers
- Goldman Sachs
- Morgan Stanley
- JP Morgan
Salary
The average salary for an MBA Finance graduate ranges from 7-20 lakhs per annum. It depends on the skills he/she possesses.
Best institutions to pursue MBA in Finance
- Indian Institute of Management (IIM), Calcutta
- Indian Institute of Management (IIM), Ahmedabad
- Indian Institute of Management (IIM), Indore
- Indian Institute of Management (IIM), Lucknow
- Indian Institute of Management (IIM), Bangalore
- Indian Institute of Foreign Trade (IIFT), New Delhi
- Xaviers Labour Research Institute (XLRI), Jamshedpur