MBA in finance offers numerous job opportunities and has a significant demand, higher earning potential, and invaluable networking in the corporate world.
Students must be wondering why MBA in finance can be a better career in terms of job opportunities. MBA in finance has a significant demand, higher earning potential, and invaluable networking in the corporate world.
Candidates can also refer to the list of top job roles that are offered for MBA in Finance such as Financial Analyst, Business Analyst etc. The top recruiters include Goldman Sachs, EY, Deloitte, JP Morgan Chase & Co, etc.
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Why MBA in Finance?
The Master of Business Administration (MBA) is a postgraduate degree having a two-year program designed to help students gain business skills. The specialization in the MBA program includes finance, marketing, operations, business strategies, and leadership.
Experiencing Significant Demand
Candidates questioning why MBA in finance then the answer is it gives knowledge and abilities in taking managerial decision ideas, keeping a balance between risk and profitability, and analytical thinking.
Topics covered for MBA in Finance include:
- Working capital management
- International Finance
- Investment and Securities
- Corporate Finance
Explore Multiple Domains
If you are wondering why MBA in finance, as it has numerous possibilities in multiple disciplines. For example, if a candidate becomes a Business Analyst, the skill set is also applicable to numerous other positions.
MBA in Finance has opportunities in both the public and private sectors, with an understanding of business management principles, and leadership strategies in various departments and industries, contributing to the overall success and growth of an individual.
Greater Earnings Potential
Having an MBA in Finance degree has a higher earning potential as they have the knowledge and specialized skills making them valuable assets in the corporate field.
The Employers offer competitive salary packages to attract and retain candidates with MBA in Finance as they can contribute to a lot of factors like:
- Company's Profitability
- Growth
- Overall Financial Health.
They also enhance earning potential including various other factors such as work experience, industry demand, and individual performance also influence salary levels.
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Assessment of Personal Finances
By pursuing MBA in finance, candidates can know budgeting and investment choices which provide the candidate with financial management expertise, effective time management along with planning skills.
It will help them understand the basics of personal finance such as
- Distributing the Income
- Ensuring Personal Expenses
- Future Savings
- Investment Opportunities
By having all these skills we can gain some entrepreneurship skills along with some work experience which can help a candidate in the long run.
Invaluable Networking Prospects
Candidates questioning why MBA in finance program then the answer it is beneficial and offers students a wide knowledge of the finance industry. The educational journey facilitates meaningful connections with different diverse professionals, such as alumni, faculty members, and guest speakers who are working in the corporate sector. They help us in lots of areas such as
- Providing unique perspectives
- Updates on the latest trends and developments.
- Share similar career aspirations and interests in finance
- Collaborating on projects
- Participating in various group discussions
This networking can also help candidates have a long-lasting relationship extending to the professional world.
Top Role Offered for MBA in Finance
The list of most preferred job roles for the candidates who have completed their MBA in finance is mentioned below.
Finance Manager
- Business Analyst
- Joint General Manager
- Analyst Developer
- Research Analyst
- Relationship Manager
- Equity Research Analyst
- Bank Manager
- Financial Analyst
- Senior Manager
- Account Manager
- Assistant Manager
- Associate Consultant
- Accounts Officer
Employers for MBA in Finance
Candidates can refer to the list of top companies that offers lucrative job opportunities to candidates at high salary packages:
- Deloitte
- IndusInd Bank
- McKinsey & Co.
- WNS
- JP Morgan Chase & Co
- State Bank of India
- Barclays
- HDFC
- Bain & Company
- Capital IQ
- KPMG
- Yes Bank
- Goldman Sachs
- Morgan Stanley
- Boston Consulting Group
- Reliance
Top colleges offering MBA in Finance are tabulated below with their average fees for the students to get an overview of the degree program:
| College Offering MBA in Finance | Average Fees |
| IIM Calcutta | INR 27 Lakhs |
| IIM Kozikhode | INR 20 Lakhs |
| JBIMS | INR 12 Lakhs |
| SIBM Pune | INR 22.20 Lakhs |
| NMIMS Mumbai | INR 2.88 Lakhs |
| XLRI Jamshedpur | INR 23.25 Lakhs |
| Savitribai Phule Pune University, Pune | INR 2.58 Lakhs |
| K J Somaiya Institute of Management Studies & Research, Mumbai | INR 16.62 Lakhs |
| FMS Delhi | INR 2 LPA |
Read More: Top Colleges for MBA in Finance 2023
