What is the difference between MBA in finance and MBA in strategy? Which one has better scope in India?

manpreet Best Answer 2 years ago

Financial Management a major requirement since most businesses understand the value of properly managing their assets. It is focused on the planning and controlling the financial resources of any industry. A Bachelor's degree in finance can help you to work in commercial banking, investment banking, financial planning, money management, insurance and so on. But an MBA in Finance will help you move up the corporate ladder and get more prominence in your job. Such courses offer students a deep understanding of financial management, technological proficiency, interpersonal skills, professional insight, business skills and managerial skills. Strategic Management is more towards industry and environmental analysis, internal analysis and competitive advantage, organizational structure, design and alignment, market evolution and dynamics; in addition to many specialized topics for specific industries, world regions or stages of market development. The strategy draws upon all of the business and market fundamentals, so it is important that a specialized strategy curriculum also includes a solid grounding in topics such as economics, accounting, finance, marketing, organizations, and operations.