MBA in Finance Course, Subjects, Exams, Admission, Colleges, Fees, Career

What is an MBA in Finance?

The MBA in finance prepares students for in-depth studies related to the various facets of finance such as management, control, and assessment of collection, investment, and resources. MBA in Finance is a 2-year post-graduate degree that prepares students for various management roles in finance. Various specialisations of finance focus on the management and control of financial resources of a company.

Master of Business Administration (MBA) in Finance offers a wide range of opportunities to candidates be it freshers or experienced in the financial world. The analysis and system of money, stocks, as well as other financial products is known as finance. MBA stands for Master of Business Administration, and it is a postgraduate degree programme in management studies. The Master of Business Administration degree programme offers courses in Sales and Marketing, Operations Management, Human Resource Management, Marketing Management, Logistics Management, and Business Analytics.

Highlights

MBA in Finance Eligibility

The eligibility criteria for MBA Finance are similar to those of other MBA programs. In the first year, candidates are taught about generic subjects, while in the second year, they are taught about specialized subjects. Most of the B-Schools offer admission on the basis of the scores of the entrance exams. Some provide merit based admission.

• Admission to the MBA Finance programme requires an undergraduate degree from a recognised university in any relevant field, such as BBA, BA, B.Sc, B.Com, BCA, with a minimum average of 50 per cent.

• Candidates need to participate in various national, state, and university-level entry exams, depending on the B-School selection.

• For the MBA in Finance programme, there are no age restrictions.

• Even though it is not required, work experience is highly recommended.

Popular Management Colleges in India

Various universities in India offer various types of management courses. Most of these are based on the test scores and previous academic achievements. The following are some of India's best management institutions:

MBA in Finance Admission

Students must first enroll at the colleges and universities that offer MBA in Finance. Then, they must meet the admission criteria established by the authorities. Before applying to college, students should check their eligibility score. They can also prove their academic record by completing the necessary documents online. Only the best MBA colleges in India offer this program. Students need to apply for this program only during the time of admission.

The top MBA colleges in India such as K J Somaiya, IMT Ghaziabad, LBSIM, IMI Kolkata, TAPMI, FORE offer MBA Finance or MBA in Banking & Finance or MBA in Banking & Insurance.

Direct Admission

Depending on the institution that offers MBA Finance, the entrance requirements for the program vary. Some schools only accept first-come, first-served candidates. Most MBA programs in Finance admit students based on their performance in the various entrance tests.

Top MBA in Finance Entrance Examinations

MBA in Finance Admission to a variety of institutes and universities is determined by the results of relevant entrance examinations. The top MBA in Finance admissions exams are listed here.

CAT: The Common Admission Test (CAT) is a national admission exam for the 20 IIMs and more than 1,200 business schools in India.

MAT: The Management Aptitude Test (MAT), which is a nationwide admissions exam for MBA/PGDM admissions, is administered by the All India Management Association (AIMA).

GMAT: MBA and other graduate students pass the Graduate Management Admission Test (GMAT), which is administered by the Graduate Management Admission Council (GMAC).

CMAT: The National Testing Agency administers the Common Management Admission Test (CMAT), which is used to enrol candidates in MBA programmes at over 1,000 educational institutions in India (NTA).

XAT: Xavier School of Management (XLRI) administers the XAT (Xavier Aptitude Test), which is a national business entrance exam for MBA admission.

NMAT: The NMAT (National Management Admission Test) is administered by GMAC for MBA admissions at NMIMS University and other major management colleges.

Cutoff of Top Colleges

Several things influence the MBA Finance merit score. Those who scored below the cut-off percentage are allowed to take the course. The number of applicants and their entrance exam scores, which vary by institution, determine the MBA in Finance cutoff.

MBA in Finance Skills Required

The development of managerial skills and knowledge of organisational culture are among the many components of traditional MBA programmes. Students need all of these skills not only for MBA in Finance but also for other MBA disciplines such as Marketing Management, Operations Management. There are a variety of skills that a person needs in order to succeed in this field, and being able to handle criticism while being fair is a must.

Due to the increasing demands for skilled financial professionals, there is a huge shortage of such individuals in the market. The Indian finance industry is experiencing tremendous growth and these opportunities are available for MBA aspirants. Some of the skills needed for this job include the following:

Check Other MBA Courses:

MBA in Finance Syllabus

An MBA in Finance differs depending on the school. For instance, if you are pursuing MBA in Finance at Hisar, then the academic year will vary for you. The complete MBA in finance syllabus can be found below:

Browse Top MBA Colleges Accepting CAT Score: Location-Wise

MBA in Finance Fees Structure

The majority of the MBA Finance tuition is determined by the college administration. The fees of an MBA in Finance vary depending on the institution. An MBA in Finance costs between Rs. 10,000 and Rs. 20,00,000 at Indian institutes and universities.

Scope of MBA in Finance

Finance is an essential component of any economy, business, or enterprise. MBA in Finance is one major specialization that will improve your financial skills, business concepts, and awareness of the country's economic growth. It is the ideal career to pursue with the appropriate specific skills because an MBA in Finance has a developing and rewarding scope for the future. Finance is now a critical component of all economies. Finance plays a significant part in the advancement of industries.

Individuals with a master's degree in finance can pursue a Ph.D. degree in the very same subject. Students will be able to expand their knowledge even further as they pursue higher-paying employment.

Career Options after MBA in Finance

The objective of the MBA in Finance program is to give students an in-depth understanding of the various facets of the business world. These graduates can perform in both the banking and financial sectors. The MBA in Finance programme prepares students for careers in various financial sectors. These students can work in any industry as long as it is required to preserve capital balance. These graduates can work in both the public and private sectors. With a master's degree in finance, they can explore various career options.

Financial Advisor: Financial advisors help clients set goals and develop a plan for achieving them. They also help customers manage their savings and provide advice on how to best utilize their assets.

Financial Planner: A financial planner assists people with setting goals and managing their financial situation. This usually involves helping them assess their current financial situation and developing a budget. A financial planner is a person who helps individuals set goals and manage their finances. They do so by helping them create a budget and tracking their spending.

Budget Analyst: Expenses are tracked to ensure that they stay within the budget and forecast future expenses. Budget analysts help organizations and corporations organize and distribute their financial resources. They also keep track of all of their transactions.

List of Top Companies

• Morgan Stanley

• Deutsche Bank

• Deloitte

• E & Y

• KPMG

• Lehman Brothers

• McKinsey

• Barclays

• Boston Consulting Group

• Goldman Sachs

Benefits of studying MBA in Finance

With a lot of competition in the industry, MBA in Finance is a great way to boost your brand and take on an advanced career path. MBA in Finance will provide you with the necessary knowledge and skills to be successful in today's global and regional markets. MBA in Finance is a comprehensive course that provides skills in various areas of finance. It includes core financial management, corporate planning, mergers and acquisitions, and banking.

Top MBA Finance recruiters are from various private Equity and corporate firms such as Bank of America Merrill Lynch, Morgan Stanley, and Goldman Sachs. The program aims to develop individuals with the necessary managerial and technical expertise to work in the financial services industry.

Expected salary after MBA in Finance

A graduate with an MBA in Finance's average income is influenced by a variety of elements, including business rules and the individual's talents, competence, and accomplishment. Graduates of this school have a better chance of getting a job due to the huge development of the management sector. A finance MBA might earn anything from Rs. 8 to Rs. 20 lakhs per year.

Browse Popular MBA Colleges By Location

List of Top MBA colleges in India offering Finance specialisation

Several Indian management institutes provide MBA programmes in finance. Admission is based on prior academic performance and entrance test scores. The table below highlights some of India's best MBA in Finance programmes.

Top Private MBA in Finance colleges in India

An MBA in Finance is offered by a number of private academic institutions around the country. Academic performance and admission test scores are used to determine admission. A list of some of India's best private MBA in Finance programmes is provided below.

Top Government MBA in Finance colleges in India

An MBA in Finance is offered by India's government higher education institutions, which are among the best in the world. A list of some of the best government universities that offer an MBA in Finance can be seen in the table below

Browse Popular MBA Colleges By States