What is the scope of MBA in finance?

manpreet Best Answer 2 years ago

Abhinav, Finance is one of the most sought after specialization of MBA. A big community of students is attracting with this specialization. It is one of the oldest disciplines of management. In the last of the 19th century it was the subject of Economics. By the start of the 20th century it got the affiliation of an individual subject for study. It is the age of industrialization in all around the world. Many industries are being established in many countries. Finance is the way to establish an industry in a proper way in according to the money management of the building, run, money resources and its proper collection. In this course, the students are offered the knowledge and skills of analytical thinking, continuous process, concept of managerial decision, maintaining balance between risk & profitability, coordination process and centralized nature. The course is included with the corporate finance, budgeting, costing, international finance, investment & securities and working capital management. These subjects prepare the students to work with any financial organization. Finance MBA can work in banking and non-banking sectors. You can work anywhere in the corporate world. Every industry has a need for financial expert for maintaining the balance of capital. The students, who have done the MBA in finance, have a lot of job opportunities in government and the private sector. He/she can be a part of the stock market, top-notch organization, finance ministry and related organizations. Beside an MBA finance with CA can run his own business. It is a good paying degree course. Salary is no bar for the qualified and skilled one. A financial manager can earn the INR 500000 to 120000 per annum. Admission in some govt.institutions like IIM, IBS etc is based on tests like CAT, GMAT etc but there are many good private universities is based on theses tests, their own tests and even your marks in graduation. Check websites of some of them. Good luck.

manpreet 2 years ago

MBA in finance has a good scope and it is more beneficial if you done it from any reputed B-School which is very important, you can get so many Job opportunities with this specialisation.

manpreet 2 years ago

Finance has generally been an evergreen specialisation for pursuing MBA in India. One can easily find ample lucrative job opportunities in it, only if pursued from a top-ranked college like IIM Kolkata, Jamnalal Bajaj Mumbai among others.