What is taught in MBA Finance?

What is taught in MBA Finance?

A delicate balance of Mathematics and management education, an MBA program covers a diverse range of concepts. Combining both theoretical and practical aspects of the field, the degree program is a popular choice for students who want to gain a firm footing in MBA Finance and managerial aspects. The specialized MBA Finance spans over 1-2 years lay focuses on investment, economics, mergers & acquisitions. Further, intending to nurture the students, the course curriculum, apart from imparting extensive knowledge, also lays a strong emphasis on skill development to prepare one for the industry. Besides taught lectures, the coursework is skillfully designed to incorporate practical work, projects, internships and research.

Top Crucial MBA Finance Skills

With the increase in job remands for MBA finance, students must keep up with the essential skills. This will help employers know how efficient they are through one's skills. Here are the top MBA Finance skills.

• Analytical Thinking: Analytic thinking is among the ordinary skills in financing. Finance professionals must have the ability to think critically and have an analytical sense to help companies understand the risks involved in various finance projects. They must also be well acquainted with the latest market trends in Finance to make better decisions.
• Business Intelligence: This is another essential skill that requires knowledge of (ERP) like Oracle and SAP, which are necessary for resource planning. Business intelligence helps professionals to plan future investments, allocate labour hours, and manage inventories efficiently. Various tools for business analytics like tableau are also helpful for data interpretation.
• Data Management: This essential skill helps curate, store, manage and maintain data.
• Predictive Analysis: This is often used in financial planning that depends heavily on data management. Predictive analysis helps companies to build policies and formulate effective strategies for themselves.
• Financial Reporting: This includes disclosing financial results and information to the stakeholders and upper management. People create financial statements, balance sheets, and income sheets, through which they can show the financial position of one's company to the concerning party.
• Financial Modelling: This technique is used to represent real financial scenarios through theoretical methods. Financial Modelling to gauge the financial performance of any business asset. They are often part of strategic thinking or financial planning.
• Cash Flow Management: This is analyzing, monitoring, and optimizing the cash receipts of businesses after cash expense deduction. Efficient cash flow management helps businesses stay profitable and avoid financial loss.

MBA Finance: Eligibility Criteria

Before one gets prepped to do an MBA Finance, check one's eligibility to do the course. Most B-schools have set some stringent criteria that one needs to adhere to.

Here are the eligibility criteria for an MBA finance degree:

• To be eligible to pursue an MBA finance degree, you need to be a graduate in a recognized bachelor's degree from a recognized university.
• Some B-schools will need you to have more than a 50% score as your final score in your bachelor's degree.
• If you are a final year student of MBA Finance but are yet to get the result, you can get a certificate from your college and get provisional admission.
• Some MBA finance courses may need you to have some work experience.

MBA Finance: Admission Process

The following is the generalized admission process followed by most of the B-schools in the country. Knowing the process will also help one mentally prepare for all the steps one must take because getting admission is not easy.

Here is the general process followed by most institutes for MBA finance admission:

• First, students must clear competitive entrance exams like CAT, MAT, and XAT.
• Based on the exam and score, one can seek admission to a certain B-school for the MBA finance course.
• After one's entrance exam, the college will conduct group discussion rounds and personal interviews for selection.
• Once selected, one has to pay a certain fee before a fixed date to secure one's seat.
• In some cases of direct admission, you must fill out the admission form and pay the fees to get your seat.

Career Opportunities after MBA Finance

Here are some of the career options that one could pursue after one's MBA Finance:

1. Financial analysts financial analyst is an excellent and upcoming profession that will soon be one of the most popular professions in big companies. A financial analyst analyses the financial markets and their company's finances and makes reports and presentations based on findings for the senior management to act upon. This is a career to consider.
2. Portfolio Manager after MBA Finance

A portfolio manager is a person who manages investment portfolios for individual clients or even companies. Their main job is to make sound investments on behalf of their clients and get good returns. They have to know about all various financial markets. Portfolio managers can work for companies, or they can work as expert consultants. In this profession, one can make money.

1. Financial Advisor after MBA Finance

Financial advisors are professionals who provide advice on financial investments. This profession is similar to a portfolio manager, but a financial advisor only advises on investing, while the portfolio manager has to invest. Financial advisors have to be investment experts. They charge fees for providing their expert advice and stand to make a good living.

1. Treasury Manager after MBA Finance

A treasury manager is a capital (money) manager in a company. They have to oversee the finances of the company by monitoring all money matters in the company. This is a responsible and vital position that attracts the sharpest financial minds. Treasury managers also have to travel if their company has many branches all over the country or world. The pay for this position is also relatively high.

1. Investment Banker after MBA Finance

Investment bankers help companies raise money for their operations through various methods. For this, they have to know all about the equity and debt markets. They help out with buying and selling of companies and also provide investment advice to raise capital. Investment bankers are some of the highest-paid professionals in the financial world.

SCOPE OF MBA FINANCE

Job prospects after MBA finance

Students pursuing MBA Finance are prepared for senior-level managerial jobs in finance sectors of the firm. The subject focuses more on technical and operational competencies required for the students to work in several enterprises. It helps in gaining knowledge, from the ideologies and practices of management to administrative finances and supervision of a bank to understanding local and global economics, mergers and acquisitions. It is an all-inclusive and accomplished program as far as an executive, and technical features in the commercial sector are concerned.

FINANCE MBA JOB PROSPECT

Upon completion of the program, students can work in Corporate Finance, Credit Risk Management, Corporate Banking, Hedge Fund Management, Asset Management, Treasury, and Derivative Structuring. Graduates can work with designations including Senior Financial Analyst, Financial Controller or Director, Finance Manager, Chief Financial Officer, Commercial or Investment Banker, Real Estate or Insurance Finance Manager, and Credit Manager. Remuneration to the candidate entering the industry is a decent amount which increases as per the experience and expertise of the individuals.