Undeniably, MBA in finance is one of the best career choices for the ones who are passionate about the field of finance. Every year, lakhs of candidates appear for various management entrance examinations after their graduation to pursue the two-year MBA degree with a specialisation in finance.
The immense opportunities are amongst the major factors that make candidates go for an MBA in finance. In order to help candidates who are passionate about MBA in finance, we have decided to compile the career options after pursuing the same. Explore the in-depth information about an MBA in finance with an extensive focus on career opportunities.
Who Is Eligible For MBA In Finance
A candidate who has completed their graduation with a minimum of 50% marks are eligible to take up this course. As the competition for the management degree is high, one has to appear for management entrance examinations such as CAT, MAT, XAT and CMAT.
MBA In Finance: What You'll Learn
Ones who take up the two-year MBA in finance will learn about subjects such as taxation and tax planning, corporate valuation, management control system, insurance management, international finance, investment management and management of financial services.
Skills Required To Pursue MBA In Finance
- Analytical skills
- Logical-thinking skills
- Reasoning skills
- Critical-thinking skills
- Mathematical skills
- Communication skills
- Team-building skills
- Analysing skills
Career Options After MBA In Finance
The combination of finance plus management will open a plethora of opportunities. This master's degree in finance will enable candidates to take up various positions in sectors such as banking, financial services, investment banking, insurance, wealth management, consulting, etc.
MBA In Finance Jobs
There are various positions offered in the sectors mentioned above which have the highest degree of respect. Some of the most prominent positions that are available to the candidates who hold an MBA in finance are mentioned below.
1. Accounting Manager
2. Chief Financial Officer
3. Treasurers and Finance Officer
4. Investment Banker
5. Management Consultant
6. Corporate Controller
7. Financial Manager
8. Financial Analyst
9. Risk and Insurance Manager
10. Equity Research Analyst
MBA In Finance Salary
The pay usually depends on the institute or university you graduate from. On an average, a candidate can start their career with a package of more than 2.5 lakhs. Candidates who have pursued MBA in finance from prestigious institutes such as any of the IIMs will get a hovering package of more than 8 lakhs per annum. The sky is the limit for experienced candidates.