The magic words “finance” and “management” open up career opportunities in various sectors including banking and financial services, investment banking, management consulting, insurance, wealth management, asset finance, and hedge fund management.
Corporate finance is about ensuring that funds are available for a company’s business activities. Finance professionals study and forecast economic trends, balance risk and profitability, analyze company reports and suggest improvements, take steps to maximize stock value, manage funds by choosing investment portfolios, and apply the principles of financial risk management.
In India, an MBA in Finance from the IIMs may command packages of Rs. 10-15 lakh a year. Financial analysts earn about Rs. 4 lakh a year at the start, credit analysts Rs. 5-6 lakh at the start to Rs. 20-30 lakh in senior-level posts, and management consultants Rs. 5-8 lakh and, in a few years, Rs. 10-15 lakh.
Among the top schools/universities in the world for MBA in Marketing, according to the QS Top MBA website, are Wharton School, HBS, Stern School of Business, Columbia Business School, Stanford University, Northwestern University (all in US), Chicago Booth School of Business (UK campus), London Business School (UK), INSEAD (France, Singapore), IE Business School (Spain), and the IIMs in Ahmedabad, Bangalore, and Calcutta.