MBA In Finance: Explore The Best Career Options in 2023

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 a 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.

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Here ins this article we will talk about the eligibility, skills required, career options, jobs, and salary after pursuing the MBA in Finance. Not only that, we will talk about the short-term courses to upgrade your skills after MBA in finance.

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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
• Commercial acumen
• Team-building skills
• Analysing skills
• Financial reporting
• Innovative mindset
• Problem-solving skills
• Management experience
• Knowledge of digital tools

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

Various positions are offered in the sectors mentioned above with the highest degree of respect. Some of the most prominent positions available to candidates with 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
11. Operations Management
12. Project Management in Financial Sector
13. Credit Management
14. Cash Management
15. Investment Planning

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 5 lakhs per annum. Candidates who have pursued MBA in finance from prestigious institutes such as any of the IIMs will get a hovering package of more than 10 lakhs per annum. The sky is the limit for experienced candidates.

Explore The List Of MBA Entrance Exams 2018

Courses After MBA Finance to upgrade your skills

If you are already holding a degree of MBA in Finance, or you want to upgrade your skills in the field after the experience of a couple of years then these are the best certification courses you can opt for from the below list. The best part is the below courses are readily available on several online platforms.

• Certified Financial Planner
• FLIP Certification
• Certification in Business Analytics
• Certificate Course in Corporate Finance
• Certificate Course in Financial Technology
• Financial Analyst Course
• Python and Statistics for Financial Analysis
• Stock Valuation and Company Analysis
• Certificate course in Risk Management

Please note that IIM Lucknow, IIM Kozhikode, IIM Bangalore, and other IIMs conduct short-term courses in Finance. You can avail of the opportunity there as well. Certification from IIM can boost your career to new heights and salary three to four times.

If you are in Class 12th or Graduation then plan now

If you are in class 12th or in graduation and have a deep interest in finance then you should plan your career right now. You can choose this option after completing BCom, BA or BSc. Even after BTech or BBA the options are open for you to pursue MBA in Finance. Just don't wait for the completion of your current degree, start your journey to Finance Sector now by doing online certificate courses from today itself.

The online certification courses will not only strengthen your base but ensure the sustainability of your interest in the subject. This means there will be less chance of wasting money in the area where there is a possibility of losing interest. The courses on Swayam portal like Behavioral and Personal Finance by Prof. Abhijit Chandra of IIT Kharagpur, Finance or Non-Finance by Jayant K Oke from Savitribai Phule University, Introduction to Accounting and Finance by Prof. Sudhir Mishra and Prof. NK Jha from IIT Kanpur and IIT Delhi, can develop a huge amount of interest in you about the finance.

Once you are done with the free courses available in the market then you can decide whether you should prepare for exams like CAT, MAT, XAT, etc to get admission to the top institutions. The way financial services are expanding in India and abroad, you can get best of the best opportunities in your life.

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