MBA in Finance।Scope।Salary।Subject।Top MBA College

MBA in Finance, Scope,Salary,Subjects,Top MBA college

Here, you will find all the details about the MBA in Finance, Scope, MBA finance salary, what are the subjects in MBA finance, MBA finance jobs and what is the eligibility and best business school to target for this Specialization, and how can you build or improve your resume that stands out from others and get a higher chance of selection in the interview process.

What is MBA in Finance?

what is MBA in finance?

Mba finance is the most demanded and popular specialization among all others in the MBA field of specialization. There are mainly 4 specialization in MBA marketing, Finance, Human Resource, and Consulting. Anyone who has good interest in accounting and want to deal in money after post-graduation and thinking of a career that deals in money then this is a good specialization to go for.

If you are strong in maths, economics, accounting and financial theory then this field is made for you as an MBA in finance it covers all these topics in a very detailed manner. what you will learn in the classroom is more practical in nature and you can apply these in real life by doing a summer internship in your business school which will allow you to expand more of your knowledge. If I talk about 2020 then this specialization is the most trending and attractive among the students.

You think finance is all related to banking and stocks but it's not like that as you will be covering all the topics which we will talk about in detail various subjects which you will study in 2 years of specialization. You will study financial management that takes place in a real corporate world.

All the activities which you will be doing there are known as financial activities which are controlled by the financial manager. why this is demand in today's time is because many and many industries are established around the world and all these industries need finance to establish so that they can establish in a proper way in according to the management of the building, money resources and its proper collection.

After getting a finance degree from a well established and reputed business school you will be hired as a financial consultant or manager, of a company where you will be responsible for the day to day financial activities of the firm such as managing there finance resources, balance sheet and maintaining there cash flow ratio and credit risk management and much more which we will talk about later in this.

What is the scope?

Scope

MBA in Finance has a tremendous scope for you to grow anywhere in the world if you are passed out from the top business school of your country. Generally, if I talk about the career opportunity in the field of finance then you will land up in the jobs of the financial manager, credit risk management, treasury, hedge fund management, CFO(Cheif Financial officer), Private equity, investment banking, financial advisor, cash manager, risk manager.

There are many top firms which are ready to hire you for all these posts if you have good capabilities of a financial manager and you know not only theoretical aspects but also how to implement all these which have learnt from your business school in the real corporate world.

If you are doing your finance specialization from a top business school then it is worth the money or that you have spent on your fee of the college because there are high chances that you will be defiantly get placed there with a handsome amount of salary package in comparison to the average B school which in my way is not worth the money you will spend as it will not guarantee you a stable placement.

By doing this specialization you will find jobs in private as well as public sector also as finance is the main and integral part of every organisation as without finance no company can ever setup or will fail drastically without the efficient use of finance.

You can join as a finance manager in various company and after doing this specialization you can go for further research in this field and you can opt for many other jobs which are related to finance.

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What are the subjects in MBA in Finance?

It is a 2-year programme and in these 2 years you will study different types of subjects related to finance and at the end of 1 year, you will be going for a summer internship in a company which is most important as if you do well there then you can get a pre-placement offer also.

Subjects are related to budgeting, finance, cost, investment, working capital management etc

if I talk about what you will study in the 1 year of this degree then the core subjects in the classroom session will include the following subjects -

Organisational behaviour
Financial Accounting
Marketing Research
Management of information system
Management accounting
Quantitative Methods Managerial Economics
Marketing Management
Human Resource Management
Business Communication
IT Management Organisation
Management Science
Production and Operations Management
Effectiveness and Change
Management Science
Economic Environment of business financial management

These are the subjects that you will study in the 1 year of your finance degree and after this, you will go for a summer internships in the top business firm and which I have already told is the most important part of your whole 2-year post-graduation programme. And it will also include an industrial visit in the respected field where you will see what you have studied in the classroom and how can you apply in the real world.

Then in last year of this degree, you will study these subjects which will include various projects and seminars. The elective courses are following -

Financial Reporting
Corporate Governance
Fixed Income Securities
Risk Management
Financial Derivatives
Project Planning
Corporate Taxation
Management Control System
Portfolio Management
Quantitative Analysis of Financial Decisions
Investment Management
International Financial Management
Management of Financial Services

So these are the Only Subjects that you will study in your entire programme of this specialization

MBA Finance Salary - How much I will Get?

MBA Finance is one of the most highly paid sectors in any country you go for a job. it is a very good paying job but the salary which you will get will depend upon various factors such as -

Size and location of your Company
Your skills
Post of employment
The college in which you are
Corporate knowledge and Real-life mindset

If you are in the topmost business school which have an excellent placement record or famous for finance and a very good corporate relationship then there are high chances that you will get a decent amount of package.

But if you are in college that has not a good placement record or not famous in the finance sector and not even in the top 20 or 30 list of the business school in your country then it will be difficult and you will struggle for a good amount of package.

It is not also like that if you are in a top college that guarantees a 100% placement record as it depends only up to your skills and knowledge, the more you have real-life skill and a practical mindset approach the more is the chances that you will get a good handsome package in the average college also.

Salary varies at every business school but if I tell you minimum and maximum that you can get is around minimum 10-12 lakh to maximum 20- 22 lakhs if you are going to a decent business school which I will tell you later In the article.

Career and jobs in Finance

MBA Finance jobs - There are many jobs available in this filed and you can play many roles of the following position in a company, working areas include -

Asset Management
Corporate Banking
Corporate Finance
Credit Risk Management
Hedge Fund Management
Treasury
Private Equity
Derivative Structuring
Cash manager
Risk manager
CFO

TOP Recruiters

These are some top Recruiters in the MBA finance specialization -

Goldman Sachs
Morgan Stanley
Bain & Co.
Merrill Lynch
Lehman Brothers
JP Morgan
Barclays
Deutsche Bank
McKinsey
EY, KPMG, PWC, Deloitte
Boston Consulting Group

Top 10 MBA Finance College

1)- Name - Indian Institute of Management (Ahemdabad) (IIM A)

Location- Ahmedabad

Admission Criteria - CAT Score, PI, WAT (WORK EX) - Optional

Placement- 24-25 lakhs

2)- Name - Indian Institute of Management (Banglore) (IIM B)

Location- Banglore