All about MBA in Finance

MBA in Finance

From the morning tea to the commercials on TV at the end of the night, when it comes to the most influential paradigm controlling all of it, finance has to be at the top of the list. Finance may be defined as the management of a large amount of money. An MBA in Finance is one of the most pursued fields to gain expert knowledge in the field of economics. The course is often looked upon as an absolute way to succeed along with lucrative pay.

This degree integrates a comprehensive blend of management and mathematics education with a broad range of financial concepts. The MBA in Finance, which integrates the academic and practical aspects of the profession, is a popular choice for students who want a thorough understanding of finance and its managerial aspects.

With these in mind, we will delve deep into the topic and cover it in detail in this piece. So let’s get started on our MBA in Finance journey right now.

What is an MBA in Finance?

An MBA in Finance is all about studying a postgraduate management course with a focus on finance. This degree course is pursued after the completion of graduation degree and pays wholesome attention to different facets of finance. In this course, the students learn how to examine company data, estimate economic patterns, analyze risk, and so on. A combination of theoretical and practical lessons helps students become industry-ready.

This degree course spans 2 years and focuses on investment, economics, mergers, acquisitions, etc. MBA in Finance, apart from being a course that imparts extensive knowledge, also lays a strong emphasis on skill development to make each student ready for the industry. Lectures, practical work, projects, internships, and research prepare a student with a strong foundation.

This degree course includes a range of business disciplines. Some of the core courses in the degree include –

  • Project Management
  • Financial Accounting
  • Managerial Accounting
  • Managerial Finance
  • Data Analytics
  • Human Resource
  • Operations Management
  • Microeconomics for Management
  • Strategic Thinking
  • Marketing Management

In finance specializations depending on the programme, students will often take 3 to 5 courses in the following areas –

  • Corporate Restructuring
  • International Markets
  • Corporate Budgeting
  • Investment Analysis
  • Advanced Financial Management, etc.

Is an MBA in Finance a Good Degree?

This is a tricky question without any direct answer.

Studying finance could be highly lucrative, as the subject lies at the heart of every business operation. If you could hone your skills in finance and related subjects, you can surely have a brighter future. Of course, though, everything hinges on your attitude toward this field—from where you are earning your degree to how well you do in your coursework. Nevertheless, putting all of these things aside, let’s focus on the features that make this degree programme worthwhile.

Skill Development

If you want to learn more about finance and all of its components, pursuing an MBA in Finance is a good idea. The programme typically provides students with a solid grounding in financial concepts, analytical skills, strategic planning, and managerial skills, among other things. All of these skills are extremely valuable if someone wants to advance their career in this sector.

Market Demand

The market demand for MBA in Finance is steadily rising. As we have already stated, finance is the bloodline of any organization, and it will always be. As a result, those with competence in this field will always be in high demand. On top of that, this specialization is one of the most lucrative MBA concentrations.

The Startup Ecosystem

When discussing the value of an MBA in Finance, the Indian startup ecosystem should be mentioned specifically. The Indian startup environment, particularly in the finance industry, has expanded rapidly. These startups are continuously looking for skilled financial experts. In addition, major multinational corporations (MNCs) are establishing offices in India, increasing the need for financial specialists.

Return on Investment

When you compare the expense of the programme to the potential return on investment in terms of job options, salary package, and career advancement, this degree program shines. With the ongoing demand for this MBA specialization arising from the constant need for financial knowledge within firms, the return on investment for this degree is consistently positive.

Career Opportunities

Graduates with an MBA Finance degree have a wide range of career choices in the finance sector. Individuals with an MBA in Finance are more likely to find employment in the following roles:

  • Investment Banker
  • Financial Advisor
  • Financial Planner
  • Financial Consultant
  • Entrepreneur
  • Financial Manager
  • Portfolio manager, etc.

Network Development

One of the top reasons that makes an MBA in Finance degree valuable is the networking opportunities it provides. The course of study frequently provides professional networking opportunities with industry professionals, alumni, classmates, and scholars. Such networking opportunities can be quite beneficial in furthering your financial profession.

Who Can Take Admission to an MBA in Finance: Eligibility

Admissions to Finance MBA is identical to admissions in any other course of MBA, the following elements are considered for admission-

  • A bachelor’s degree from a regionally accredited university.
  • A minimum valid score (percentile) in any of the management entrance exams like CAT, MAT, XAT, CMAT, etc.
  • A GMAT score above entry requirements, depending on the program (if applying abroad).
  • A valid score in Language proficiency tests like TOEFL, IELTS, or PTE if applying for an international course.
  • Minimum work experience of 2-5 years (especially if applying for an Executive MBA programme).

Course Structure: Syllabus

While all MBA programmes have different course outlines, we have provided the PGDM in Finance curriculum overview offered at Globsyn Business School  (since GBS does not offer an MBA in Finance but a PGDM, which is equivalent to an MBA degree).

The PGDM in Finance course at GBS offers a perfect blend of theory and practices over Financial Management, Business Finance, and Accounts as the principal areas of coverage.

The course offers the following areas of study:

  • Advanced Accounting & Taxation
  • Banking & Insurance Management
  • Investment Banking & Financial Services
  • Risk Management
  • Global Finance
  • Pricing
  • Security Analysis & Portfolio Management
  • Financial Statement Analysis
  • Mergers & Acquisitions
  • Rural Banking & Micro Finance
  • Behavioural Finance
  • Treasury Management
  • Valuation
  • Dissertation for Finance School of Excellence

Scope of an MBA in Finance

A student with an MBA in Finance has an ocean of opportunities after completing his degree. Finance graduates can explore a wide range of opportunities in the public and private sectors as Financial Advisors, Investment Bankers, Hedge Fund Managers, Stock Traders, Equity Analysts, and others. It is undeniable that the scope of this degree is innumerable.

Here are some of the top career scopes for MBA Finance grads:

  • Investment banker
  • Financial Advisor
  • Portfolio manager
  • Financial Analyst
  • Financial Consultant
  • Accounting Manager
  • Chief Financial Officer
  • Equity Analyst
  • Credit Specialist
  • Financial Analyst
  • Relationship Manager
  • Risk Manager, etc.

After completing an MBA in Finance, students can get jobs in the following sectors:

  • Bank
  • Insurance
  • Mutual Funds
  • Non-Banking Financial Companies (NBFCs)
  • Stock Market
  • Equity Research Firms, etc.

MBA in Finance: Salary

The annual salary range for Indian graduates with an MBA in Finance generally falls between ₹3 lakh and ₹25 lakh.

PGDM in Finance at GBS

Staying true to its legacy of 20 years, Globsyn Business School (GBS) has become a globally relevant and sustainable brand in the education sector. With its core rooted in technology and its philosophy of learning ‘Beyond Education’, GBS fuses Experiential Learning into its curriculum that shapes young minds into ‘industry-relevant managers’ of the 21st-century corporate world.

GBS is one of the top MBA colleges in Kolkata and Eastern India and has garnered several accolades over two decades. That being said, the business school does not offer an MBA in Finance, but rather an AICTE-Approved PGDM course with a specialization in Finance (among other subjects). The course spans 2 years is full-time, and combines Technology and Education to create Industry-Relevant Managers for the 21st Century Corporate World.