MBA in Finance: Admission Procedure and Career Opportunities

MBA in Finance is right option for all those candidates who want to lead the financial sector. It provides ample opportunities of career and growth for students. The professional of this field deals with financial matters of the company and industry. To excel in this field you must be trained professional. There are unlimited career opportunities in this field, candidates can use their skills and expertise. You can work as a beginner or you can work at top positions in any company, depends upon your skills, knowledge, and experience.

Eligibility Criteria & Admission Procedure: This is really competitive field and getting admission in any reputed B-School is no child’s play. Most of institutes conduct entrance exam to enrol students in this programme. The admission in the programme is given on the entrance exam scores, performance in personal interview and group discussion. Some institutes also accept the test scores of XAT, MAT, CMAT, CAT, ATMA and JMET etc. The basic eligibility criteria to get admission in this course, students must have passed graduation from any recognised college with minimum 50% marks in aggregate.

Focus of MBA in Finance Programme: Aspirants can opt for two year full time degree or diploma. There are many institutes which offer two year full time diploma in financial management rather than degree, but the market value of both the programmes is similar. Students can opt for part-time or correspondence courses if they are working and don’t want to sacrifices their present jobs. The programmes gives special stress on various aspects of financial field such as market analysis, economics, investment, costing, GDP, taxation, securities, etc.

Career Opportunities: There are plenty of career avenues for all aspiring and skilful candidates of the field. There is no limit for remuneration and higher position you can grab in this field. This depends upon your skills, knowledge, command over domain and industry knowledge. The most important role in this field is to plan strategies to increase capital from different sources for effective funding of projects, to assess risk and benefits associated with the projects and with the market economics as well. Aspirants can work in banks, financial institutions, accountancy firms and any company which has their finance department. A candidate who has successfully completed their MBA in Finance can work as finance manager, budget analyst, researcher, and finance head. It is the responsibility of finance manager to ensure that organisation work on the basis of present budget. Finance manager need to interact with the investors on regular basis because they are the one who provides funds to business entities.

Work areas: A professional of this field can work at various responsible positions such as financial analysts and planner, corporate controllers, chief financial officer, risk and insurance managers, investment banking associates, credit managers, portfolio manager, mutual fund analyst, director of investor relations, procurement specialist and investment sales associates and traders.