If you don't know where your professional strengths in management lie, selecting an MBA specialisation can become a difficult choice for you. In that case, you should research on traditional MBA specialisations such as Finance, Marketing and Operations, or new ones such as Information Systems, International Business, etc. The one you choose will shape your management career for the rest of your life. Therefore, you should make the right decision before joining one of the best MBA colleges in Pune or elsewhere. To help you with one, we shall talk about the MBA in Finance.
A career in finance is said to be lucrative, given its importance to companies. It assists businesses to make decisions such as investing in ventures, supporting local businesses and governments through the remittance of income taxes, etc. while will maximise revenue generation.
Now that you understand what a career in finance is all about, let's learn about an MBA in finance.
1. What is an MBA in Finance?
An MBA in Finance is a two-year undergraduate course that teaches you the following -
Analysing company reports
Forecasting economic trends
Maximising a company's stock value
How to choose investment portfolios
Balance risk and profitability
Principles of risk management
This knowledge will open fantastic opportunities in the public and private sector. You will also be capable of running your business.
2. Who should pursue an MBA in finance?
A technical field like finance requires you to be good with numbers, maintaining balance sheets and have a rudimentary understanding of financial management and the stock market. The prerequisite knowledge comes in handy when you analyse financial reports and create strategies for revenue generation. Hence, if you have a commerce background in graduation, this course will suit you well.
3. What are the career prospects?
After completing your MBA in Finance, you can work in the following domains -
Investment banking
Taxation
Financial Statement Reporting & Analysis
Hedge Fund Management
International Finance
Asset Finance
Insurance Management
In these domains, you will land one of the following job profiles:
Accounting Manager
Financial Analyst
Finance Officers & Treasurers
Chief Financial Officers
Cash Managers
Credit Managers & Specialists
Corporate Controllers
Investment Banking Associates
Investment Bankers
Investing Sales Traders & Associates
Insurance & Risk Managers
Manager Consultants
Based on the information above, you now know about MBA in Finance and the career you can have after completing it. Hope it helps you make an informed decision before joining one of the best MBA colleges in Maharashtra or elsewhere. All the best!
If you don't know where your professional strengths in management lie, selecting an MBA specialisation can become a difficult choice for you. In that case, you should research on traditional MBA specialisations such as Finance, Marketing and Operations, or new ones such as Information Systems, International Business, etc. The one you choose will shape your management career for the rest of your life.