MBA Finance

Finance is one of the most popular specializations within the Master of Business Administration (MBA) programs. An MBA in Finance offers benefits to working professionals in a variety of industries.

Finance as a subject involves the management, control, and evaluation of the assembling, investment and resources of money as a capital required for an industrial building, plant and working.

Under this specialization, individuals will study subjects like Costing, Budgeting, International Finance, Corporate Finance, Working Capital Management, Securities and Investments etc.  Once you master these subjects you will be all set to work in the financial department of any company.

Upon completion of the programme, learners will:

  • Acquire a strong understanding of finance, techniques for improving the management of organizations
  • Develop a strong foundation in Financial Analysis and Management
  • Be able to apply basic accounting principles and analyze key financial statements
  • Be abreast with recent trends in Finance and Banking/ Financial Services Industry
  • Develop spreadsheet-based Financial Models

Courses and Duration

MBA (Finance) or financial management courses is of 2 years duration which broadly includes the following aspects:

  • Accounting for Managers
  • Business Communication
  • Quantitative Methods for Management
  • Organizational Behavior
  • Managerial Economics
  • Macroeconomics
  • Marketing Concepts and Practice
  • Corporate Finance
  • Strategic Management
  • Investment Analysis and Portfolio Management
  • Financial Markets and Institutions
  • Advanced Financial Management
  • Public Financial Administration
  • Business and Corporate Laws
  • Human Resource Management
  • Information Technology for Finance
  • Production and Operations Management

Related MBA in Finance Courses are:

  • MBA Banking
  • MBA Business Economics

Admission Procedure

The application process in MBA institutes differs from institute to institute. Mostly B schools offer admission on the basis of some entrance test. There are also some institutes which provide direct admission to the students.

Direct admission in MBA Finance is offered by private institutes. These admissions are done on the basis of Management Quota/NRI/Sponsored seats. Direct admission for any institute only includes one round. They offer admission directly by submitting the course fee.

Top Colleges for Master of Business Administration(Finance)

  • Master of Business Administration [MBA] (Finance) in Tamil Nadu
  • Master of Business Administration [MBA] (Finance) in Uttar Pradesh
  • Master of Business Administration [MBA] (Finance) in Karnataka
  • Master of Business Administration [MBA] (Finance) in Haryana
  • Master of Business Administration [MBA] (Finance) in Punjab
  • 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

Eligibility Criteria

  • Candidates should have a bachelor`s degree in any stream from a recognized university board in India or its equivalent considered.
  • Some reputed universities, there is a common entrance test for admission, which the candidates must qualify
  • Candidates can pursue MBA in finance after the completion of UG degree in Engineering, medical, science, art, and humanities.

Examination

The Written Tests examines the competency in :

  • Quantitative Ability -QA(include problems related to Number Systems, P & L, Percentages, Averages, Progression, Work, Speed, Geometry and Algebra)
  • Data Interpretation –DI( Required to evaluate and give precise information from Tables, Charts, and Graphs)
  • Verbal Ability –VA is a test of your English knowledge
  • Reading Comprehension (RC)
  • General Awareness/Business Awareness (GA/BA)
  • Logical Reasoning –LR (examine the skills on Data Sufficiency exercises, puzzles, and deductive reasoning).

Jobs & Career Opportunities

An MBA in Finance grad has ample opportunities waiting around, all he needs to do is grab it. All of this because of the diverse skill set he possesses. There are thrilling careers in financial consultancies, financial institutions, and banks. To be more specific, you can get into fields like merchant banking, investment, and consumer banking, international finance, corporate finance, and institutional finance.  Once you build up your work experience then you can serve on government committees and add your inputs to the policy-making issues. You can also provide consultation services to government and corporate organizations.

Jobs after MBA in Finance

  • Accounting Manager
  • Chief Financial Officers
  • Case Managers
  • Manager Consultants
  • Investment Banking Associates
  • Credit Managers & Specialists
  • Financial Analyst
  • Corporate Controllers
  • Finance Officers & Treasurers
  • Insurance & Risk Managers
  • Investment Bankers
  • Investing Sales Traders & Associates

One of the biggest factors that attract MBA aspirants to choose finance as their subject of specialization is the excellent remuneration packages on offer. Today, MBA in Finance is considered to be the highest paid profession, with candidates being placed at mid-level and senior level positions in reputed organizations.