CAREER AFTER MBA IN FINANCE
MBA in Finance is arguably the most popular specializations in MBA, due to its diversified and rich opportunities. Finance focuses on management accounting and control, the Indian capital and money market, banking, privatization and international finance. After completing a degree in MBA in Finance, one can opt for various jobs in banks, financial consultancies and financial institutions. One can also find job opportunities in areas like consumer and investment banking, institutional finance, merchant banking, corporate finance and international finance. MBA/PGDM in Finance is one of the highest paying professional degrees in management. A management graduate in finance is one of the high in demand professional in today’s economic scenario. After completing the course a person can make his/her portfolio in many streams of a corporate and held post such as Senior financial analyst, financial controller or director, manager of a finance department, chief financial officer, commercial or investment banker etc.
MBA in Finance programs typically provide foundational education in statistics, leadership, economics, strategy and marketing. Students often choose a specialization during the second half of these 2-year programs. Some schools offer a curriculum loaded with business-related courses, such as management methods and accounting, with a few electives in financial subjects.
Benefits of career as a Financial graduate
- High Salary- The salary offered after pursuing MBA in Financial management is on a comforting side. The average annual salary offered to successful professionals of the discipline in India ranges between INR 3 and 12 lacs, increasing with the candidate’s experience and skill set. MBA in Finance is one of the highest paying jobs in India, one can go into professions like Chief financial officer, finance manager, Investment banker which all are above average paying professions in a corporate structure
- Importance in an organization- Finance is the backbone of every company, without a transparent and strong finance structure, a company cannot thrive for much long, which makes the importance and value of a finance management much higher in the company. Mostly people in finance department are in middle or top level management which gives them the ultimate authority to frame and implement policies according to the financial and growth opportunities of the company.
- Motivated day to day work- Dealing with customers, suppliers, financers and other members of the team on a continual basis means that no day is ever the same. Moreover, an organization is constantly in motion, and rare is the day when you find yourself sitting back with nothing to do. Maintaining cash flow and framing financial policies are a constant responsibility of anyone in the Finance field, in any position, and keeping up with the changing prospects in financial market is a full-time job in and of itself. It forms an ideal environment for those who thrive off a busy work culture that keeps you moving throughout the day
- Paced Career Growth and high in demand - Generally MBAs pursued in Finance from a decent B-School leads to the top managerial positions like Chief financial officer, finance manager, Investment banker. There is almost a certain chance to get hired amongst the leaders in any premium corporate every industry. Being a huge industry a person with financial management degree is highly in demand. A person in Finance degree can try different aspects in their respective careers, they can either work for a big MNC or can try for abroad placements too, after Information technology sector, and Finance department is the highest in demand.
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Source - Edumyra
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