Updated On - September 30th 2019, Updated By - Madhumita
Info
MBA in Finance:- The industry always seeks the best people around there to manage finance. This post-graduation study is necessary for the same. One must have primary knowledge of the same. MBA in Finance is the best way to secure a field in the corporate industry. It is helpful to make a successful career in the country and abroad.
One must know the ideal criteria prospects and details to get into the study. Here is a brief discussion on it.
Course Name | Master of Business Administration [MBA] (Finance) |
Course Level | Post Graduation |
Duration | 2 Years |
Course Fees | INR 82000 |
Eligibility | Graduation |
Average Starting Salary | 3 Lakh To 12 Lakh |
Employment Areas |
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Job Types |
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How much an MBA in Finance earn?
A possibility for better chances and higher salaries is the biggest cause to study this post-graduate course. Completion of this course will make the opportunity to earn. The income rises along with the experience of the person. Primarily it starts from Rs.3 lakhs to Rs.4 lakhs per annum in India. After certain experiences, it might go up to Rs.24 lakhs per annum in the country.
Prospects of MBA in Finance
The post-graduate degree is quite contemporary and has huge potential to snatch opportunities. The management industry needs financial managers in every case. So, there will be bright prospects for improvement of a career as always. Various financial corporate industry searches for such professionals for changing and mending in business strategies.
An overview of MBA in Finance
This post-graduation in management is a little different from the others. Candidates will go through-
- Portfolio management
- Financial securities
- Financial risks
- Fundraising analysis
- Collection of funds
- Ways of disbursement
- Investment opportunities
- Projects and internship
Internships will be a part of the curriculum. Candidates will go through all the details of the actual view of the financial world while being in the internship. Leading MBA colleges always offer such detailed on-the-field projects for better learning.
Roles and responsibilities of an MBA in Finance
- After completion of the post-graduation course, the candidate will be ready to take the needful responsibilities.
- Team work-based projects will need a leadership role.
- Analytical power is needed for the same.
- Skills for management are needed
- Risk management power is needed
- Knowledge of stocks and currency must be in the candidate
- Knowledge of world economics will simplify the problems related to corporate finance
Designations
- Top designations are asserted for MBA in Finance Those who secure a decent mark in the course will get better job connections at executive levels.
- Investment managers are always MBA in Finance.
- Management consultants are also a post-graduate on the same degree
- Share market-related finance corporation allocates executives from this discipline of study
Eligibility Criteria
- The student must have a prior bachelor's degree in any discipline.
- The candidate must have at least fifty percent marks in graduation
- The candidate must be a pass out from a recognized college or university
- Entrance tests like CAT, MAT, IBSAT, NMAT, and XAT are arranged for the same
- The student should have basic knowledge of the finance and business world
Colleges for Masters of Business Administration Finance
Various colleges have the seats for the post-graduation course on this discipline. IIMs in the country also offer the same. Course fees differ as per the rank of the college.
Course of study
- The curriculum is for two years just like other MBA courses.
- Semester based exams are arranged for the same.
- Subjects of the first year are Financial Accounting, Managerial Economics, Organizational Behavior, Quantitative methods, Human resource management, Marketing Management, Business communication, IT Management, Organization effectiveness and changes, Economic environment of business, Management accounting, Financial management, Management of information system, Marketing research
- Quantitative analysis of financial decisions, Security analysis, and investment management, Portfolio management, International financial management, Management of financial services, Management Control System and Corporate taxations are subjects of the second year.