A Master of Business Administration (MBA) is a pillar to success in various industries. On the other hand, finance is the spine of every business, regardless of its shape and size. Studying MBA provides the skills and knowledge needed to start or run a business, while pursuing finance helps understand how to manage money wisely to run a company successfully. Understanding the need of the contemporary business environment, many top-ranked universities in India have launched MBA Finance Management for those aspiring to become successful global leaders.
This blog will delve into the top seven things you must know before opting for an MBA Finance Management course. Check them out!
An introduction to MBA Finance Management
MBA Finance Management is a combination of management and finance. The two-year postgraduate course covers business fundamentals, stock markets, capital investments, business analysis, accounting, investment strategies, financial risks, global economics, entrepreneurial methods, mergers, and acquisitions. Moreover, an MBA Finance Management degree prepares individuals with the skills necessary to land a corporate or government sector job.
MBA Finance Management course curriculum
An MBA Finance Management course is tailor-made to develop an analytical and statistical foundation among aspiring leaders or entrepreneurs. Economic analysis, statistics, and math are common in the curriculum of many top-ranked universities. MBA Finance Management covers corporate finance, financial derivatives, organisational behaviour, financial management, data environment, business intelligence, business management, data mining, financial analytics, business process management, and HR analytics.
Eligibility
Fortunately, unlike many coveted degrees, students from any academic background can opt for an MBA Finance Management course. Although students with any background can apply for an MBA Finance Management course, a minimum of 50 percent marks in classes 10th and 12th is a must. In addition, students must have completed graduation from a recognised college/university with 50 percent marks in any stream.
Scopes and career opportunities
There is tremendous scope in the field of finance management. Careers in this booming sector are both exciting and challenging simultaneously. MBA Finance Management graduates are expected to analyse the market risk, prepare financial statements, and explore a firm’s valuations. Graduates with the necessary financial management skills can land well-paying roles in the private and government sectors. Some prominent roles after studying finance management are Finance Manager, Financial Consultant, Financial Advisor, Risk Manager, and Finance Associate.
Skills developed after MBA in Finance Management
Studying the MBA Finance Management course develops a wide range of skill sets, such as analytical thinking, accounting skills, business intelligence, financial modelling, cash flow management, and financial reporting.
Salary
MBA in Finance Management graduates are among the highest-paid professionals globally. An AmbitionBox report suggests that an MBA Finance Management professional earns INR 52,80,000 annually.
Job security
Many surveys suggest that MBA in Finance Management graduates feel secure in jobs. With in-depth finance acumen, graduates can find many lucrative roles across a spectrum of industries.
As studying MBA in Finance Management is a better return on investment, you can browse top-ranked universities that offer this coveted degree. Browse now!