MBA in Finance

Last Updated on August 10, 2023 by Vishnu Nambiar

In this article, we will have an in-depth analysis of the MBA in Finance course. This article covers topics such as – course details, duration, eligibility criteria, colleges, admission process, syllabus, and career prospects.

What is MBA in Finance all about? What’s the scope associated with this MBA specialization? You will find answers to these questions in the coming paragraphs.

What is Finance Management?

MBA in Finance program deals with finance management. In simple terms, finance management involves planning, procuring, and controlling a firm’s/organization’s financial resources. For businesses and organizations, financial management is a very important task. They usually hire a dedicated team for financial management. A company’s/organization’s financial resources are managed by this team.

Do you know why financial management is such an important task for companies and businesses? Financial management helps them achieve the following goals –

• Increasing profits.
• Maintaining the operational health of a company.
• Maintaining good cash flow.
• Undertake proper monetary decisions.

Here are some of the important tasks performed by finance managers –

• Cost estimation (investments, funds, operational costs, etc).
• Budgeting (production, salary, operations, etc).
• Risk assessment.
• Capital management.
• Asset management.
• Funds management.
• Funds procurement.

In order to perform the above-mentioned tasks, one must be well-trained in areas relevant to financial management. That’s where MBA in Finance program comes in handy!

You may also check – MBA course analysis.

MBA in Finance program trains students in financial management and its relevant fields. Some such areas are –

• Mathematics.
• Economics.
• International Business.
• Financial Theory.
• Accounting.
• Banking.
• Corporate Finance.
• Fund Management.

Financial management is a vast field. It further consists of specializations such as –

• Corporate finance.
• Financial economics.
• International Finance.
• Mergers and Acquisitions.
• Hedge Funds.

What’s the scope of an MBA in Finance in India, you may ask? Indian economy is doing pretty well at the moment. Foreign investment is flowing in at a healthy rate. The startup sector is also looking promising. In short, companies and businesses find India a good place to conduct their activities in.

For them, financial management is a very important task. To carry out this task properly, they need finance managers. In short, skilled finance managers will always be in demand!   Let us check out some of the basic details about an MBA in Finance.

MBA in Finance: Details

MBA is a general management program. It focuses on general management subjects. MBA in Finance is a specialization program. It focuses on the domain of financial management.

Eligibility criteria

Must possess a Bachelor’s Degree (3 or 4-year-long courses) from a recognized Institute/University.

Admission process

Reputed institutes rely on a merit-based admission process. Marks scored by students in relevant management entrance tests (CAT, Institute-wise entrance tests, etc) are taken into consideration. Deserving candidates are allotted seats after an interview.

Syllabus

Here are some of the important subjects present in the MBA in Finance academic program –

• Organizational behavior.
• Principles of Management.
• Business Communication.
• HR management.
• Finance management.
• Security Analysis.
• Taxation.
• Portfolio Management.
• Mergers and Acquisitions.
• Internal Audit and Control.
• Insurance Management.
• International Finance Management.
• Risk Management.

Career prospects and job opportunities

Finance managers have ample job opportunities available in front of them. Skilled finance managers are highly valued by businesses and organizations across the world!

After completing MBA in Finance, one may try his/her hands in the following sectors –

• Banking.
• Asset Management.
• Corporate Finance.
• Fund Management.
• Investment Banking.
• Trading.
• Insurance.
• Retailing.
• Sales.

Some of the prime recruiters are –

• MNCs.
• Corporate Houses.
• Retailers.
• Banks.
• Finance Companies.
• Credit Unions.
• Consultation Agencies.
• Mortgage and Credit Companies.

In the above-mentioned firms, finance managers may don the following roles –

• Finance Manager.
• Financial Analyst.
• Investment Banker.
• Banker.
• Loan Officer.
• Credit Analyst.
• Financial Planner.
• Financial Consultant.

Vishnu Nambiar

I am Vishnu Nambiar a career and educational blogger from India. I am also a full time educational consultant having more than 12 years of experience in the educational sector.

I share articles related to courses, colleges, careers, exam tips and more here.