In the world of business, Finance is a very important subject. It encompasses activities like – investment banking, savings, risk management, budgeting, financial markets etc. The main objective of financial management is to maximize shareholder wealth and minimize the cost of capital. Undoubtedly, financial planning is a key to combat the uncertainties of businesses which can be a hindrance to the growth of the company. Therefore, today, there is a huge scope after MBA in finance.
MBA – Finance is the management and study of money and investments. Students learn about analysing company reports, forecasting economic trends, choosing investment portfolios, balancing risk and maximise stock value. MBA graduates have immense career opportunities in the private and government sector. Finance graduates can also opt for running their own businesses independently.
Finance is an area with a multi-disciplinary orientation, whether it’s a small company, medium-sized company or Fortune 100 company, finance remains the backbone of a business entity. MBA finance inculcates the necessary skills in financial professionals that help open doors for multiple career opportunities in various domains of financial management. They can be employed in areas like – banks, financial institutions, stock exchanges etc. depending upon their knowledge and skills.
Career options after MBA in Finance in Private Sector:
MBA in finance scope is huge in the private sector. Candidates can be employed for investment banking companies, private banks, insurance companies and other organisations where finance is a functional domain.
Candidates can be hired for designations like:
Top Recruiters include:
The average salary in the private sector varies from Rs. 4 Lakhs – 35 Lakhs Per Annum.
Career after MBA in Finance in Government Sector:
After completing MBA in Finance, candidates have the chance to mark their place in Government sector. MBA in finance scope in the Government sector includes the study of the composition of public revenue and public expenditure. It also covers the details about fiscal operations on the level of employment, prices and growth and overall economic system.
Candidates can be hired for designations like:
Top recruiters include:
The average salary in the Government sector varies from Rs. 5 Lakhs to 20 Lakhs Per Annum.
MBA in Finance imparts knowledge of management, control and review of the investment and resources of money. This course opens up various career opportunities in the business world, allowing the finance aspirant to analyse company reports, forecast business trends and maximise stock values and profitability.
A person with the following points can pursue MBA in Finance:
*Interested to take up a career in finance stream
* Has a background, graduate degree in Accountancy, Mathematics, Commerce and Statistics although it is not a must.
*Aspire to work in banks, accounting firms and investment management.
*Interested to take up certification in Chartered Financial Analyst (CFA).
* Needs a powerful background in Economics, Accounting and Mathematics.
* Good at analytical skills, accounting skills and cash flow management.
* Want to grab positions like – Accounting manager, Manager Consultant, Credit Management, Hedge Fund Manager and more.
Note: Do check the institute’s website from where you want to pursue an MBA to get clarity about the eligibility criteria.
Finance specialisation brings innumerable career opportunities as given below:
Job opportunities after MBA in Finance are countless. The subject focuses on operational competencies and helps one gain knowledge related to global economics, mergers and acquisitions. MBA in finance degree gives you the privilege to apply for senior-level managerial jobs. And the best thing is that the candidate gets a decent amount which further gets increased as per the experience and expertise of the individuals.
Moment, you enroll yourself for a Top MBA college in finance, you want to know about the career opportunities in Corporate Finance. Here we uncover the highest paying jobs in India. Have a look:
Average Salary: Approximately Rs. 12 to 28 Lakhs per annum**
Average Salary: Approximately Rs. 14 to 16 Lakhs per annum**
Average Salary: Approximately Rs. 8 to 10 Lakhs per annum**
Average Salary: Approximately Rs. 6 to 12 Lakhs per annum**
Average Salary: Approximately Rs. 5 to 8 Lakhs per annum**
Note: Average salary packages mentioned above are the estimated ones. They may vary as per the experience and skill sets of an aspirant. One should be ready to grab the best opportunity at the best time.
Financial planning and management consist of planning, organising, controlling and monitoring financial resources. Being a dynamic field, MBA in finance scope is huge. Have a look:
A finance job may look straightforward as it has a well-defined job description. But, innovation is the key to setting you apart from others. You must always come up with a new angle to analyse reports so that you can make your contribution valuable.
There are huge job opportunities after MBA in Finance, but the one who keeps learning and grooming oneself beyond textbooks and lectures, actually grow in their respective field. Reading the latest journals, and listening to influential speakers help you understand the pulse of the subject.
In today’s time, networking is the key to expand your networks and harness business opportunities. Attending webinars, talks and live sessions with industry professionals can help students understand each and every aspect of MBA in finance and help them learn more about the field. Students pursuing an MBA in finance will always benefit after being in touch with financial analysts, top-notch investment bankers and financial advisers. These achievers would act as a guiding light for the finance aspirant.
There are numerous well-established career paths related to financial management. All you have to do is to keep an eye on the in-demand financial job positions. For example, these days, top jobs after MBA in Finance are – Accounting Officer, Financial Manager, Financial Analyst, Management Consultant etc. Keeping abreast with current job opportunities will help take your career to new heights.
MBA in Finance scope is endless. However, it takes passion and determination to excel in the competitive field. By grabbing the right opportunity at the right time, you can be an achiever. But, make sure that you take every decision after thorough research.
Here at TAPMICEL, the online Master of Business Administration in Banking & Financial Services [MBA (BKFS)] on-campus program has been the number one choice of several career-focused individuals, and the legacy of this robust program is now accessible online.