MBA in Finance

Among all Business Management courses, the most coveted one is an MBA. In that, MBA in Finance is one of the most pursued fields as it expands your knowledge about the economy of the world. For aspirants who have a strong background in finance and want to further their knowledge of business, analyse the company’s reports, forecast economic trends, etc, the MBA in Finance is a viable option for them. The course is available at top universities around the world with great career opportunities for the future.

Degree Level	Masters
Full-Form	Master of Business Administration in Finance
Duration	2 Years
Minimum Percentage	45%-50% in 10+2
Average Fees Incurred	INR 4 – 20 Lakhs
Average Salary Offered	INR 3 – 9 LPA
Employment Roles	Financial Advisory, Insurance, Investment Banking, Hedge Fund Management, Credit Risk Management, Insurance.

Also Read: MBA in Banking and Finance

What is an MBA in Finance?

There are various branches of specialization in MBA. However, finance is one of the most caught-after courses with an increase in demand in various sectors and high scope. An MBA in finance is often looked upon as an absolute way to success along with lucrative pay. The course is a blend of finance and management and includes topics like stock markets, financial risks, etc.

What is Taught in MBA in Finance?

A fine 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 strong footing in Finance and managerial aspects related to it. The specialized MBA in Finance spans over 1-2 years which lays focus on investment, economics, mergers & acquisitions, etc. Further, with the aim of nurturing the students, the course curriculum, apart from imparting extensive knowledge, also lays a strong emphasis on skill development to make you ready for the industry. Besides taught lectures, the coursework is skillfully designed to incorporate practical work, projects, internships and research.

Also Read:

• MBA in Japan
• MBA in Australia
• MBA in UK
• MBA in USA

Types of MBA Finance

There are four ways you can pursue MBA in Finance. These are mentioned below, along with their respective duration.

Types of MBA in Finance	Duration
Full-time MBA Finance	2 years
Part-time MBA Finance	2 to 3 years
Distance MBA Finance	2 years
MBA Finance Online	2 to 4 years

Eligibility Criteria for MBA Finance

If you are aspiring to study abroad then it is worth noting that the eligibility criteria for the program vary for different business schools but the standard criteria are almost similar. It is advisable to go through the official website of the university before proceeding with the application. While most of business schools require you to have prior work experience but if you demonstrate a mature understanding of the subject and have a strong portfolio, then you may be exempted. The basic eligibility criteria to take up MBA in Finance abroad is given below:

• Bachelor’s degree or equivalent in the relevant field.
• A valid GMAT or GRE score. 
• A valid score in language proficiency tests like TOEFL, IELTS or PTE.
• Minimum work experience of 2-5 years. 

Note: Most of the universities offer admissions into their MBA programs based on the GMAT score and relatively lesser universities accept GRE for the management programs. 

Top MBA in Finance Entrance Examinations

Certain entrance examinations that are required for MBA in Finance are mentioned below.

• CAT
• MAT
• GMAT
• CMAT
• XAT
• NMAT

Best Global Universities for MBA in Finance

If you are planning to pursue an MBA in Finance course, then here are some of the leading universities which you can consider.

Name of University	QS World University Ranking 2023
Georgia Institute of Technology	88
University of Washington	80
University of Minnesota	185
Florida State University	511-520
University of San Francisco	1001-1200
Columbia University	22
Harvard University	5
The University of Chicago	10
New York University	39
University of Toronto	34

More Universities:

• University of Pennsylvania
• University of Western Ontario
• London Business Schoo
• Peking University
• The University of Hong Kong
• Frankfurt School of Finance & Management

Popular Management Colleges in India

To pursue MBA in Finance, students can go for the following management colleges in India.

UPES Dehradun	LPU Jalandhar
SRM University Chennai	GD Goenka University, Gurgaon
Chandigarh University, Chandigarh	BML Munjal University, Gurgaon
Manipal University (MAHE)	IPE Hyderabad
IFIM BUSINESS SCHOOL	Jaipuria Noida

MBA in Finance Fees Structure

The college administration sets the majority of the MBA Finance tuition. An MBA in Finance costs differ based on the school. At Indian institutes and universities, an MBA in Finance costs between Rs 10,000 to Rs 20,00,000.

MBA Finance Syllabus and Subjects

1st Year	Macroeconomics and Business Environment Financial Functions Managerial Economics Financial Management Valuation of Bond and Shares Cost of Capital Advanced Marketing Leverage Introduction to Time, Value and Money Cost of Different Sources in Finance Macroeconomics Capital Structure: Introduction, Features, & Factors Affecting Capital Structures
2nd Year	Theories of Capital Structure Capital Budgeting Portfolio Analysis Risk Analysis in Capital Budgeting Money and Capital Markets Capital Rationing Statistics for Business Working Capital Management Dividend Decisions Cash Management

Top Crucial MBA Finance Skills 

With the increase in job remands for MBA finance, it is important that students keep up with the essential skills. This will help employers know how efficient you are through the skills you portray. Here are the top MBA Finance skills.

• Analytical Thinking: Analytic thinking is among the common skills when it comes to 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 so that they can make better decisions. 
• Business Intelligence: This is another essential skill that requires knowledge of (ERP) like Oracle, SAP which are important 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 is an essential skill that 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 the process of disclosing financial results and pertaining 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 your 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 the process of analyzing, monitoring, and optimizing the cash receipts of businesses after cash expense deduction. An efficient cash flow management helps businesses to stay profitable and avoid any kind of financial loss.

Jobs and Salary after MBA in Finance

After completing an MBA in Finance, professionals can expect a salary between 11-20 LPA or more depending upon their experience and the company. Let’s look at some specific job roles and their respective salaries in the table below.

Job Role	Salary
Financial Manager	INR 30 lakh
Financial Analyst	INR 4.5 lakh
Treasury Manager	INR 10 lakh
Finance Director	INR 36 lakh

MBA in Finance Global Recruiters

There is a huge demand for MBA Finance graduates across the globe. Top companies, global and local in nature, require financial advisors, experts, planners and analysts to manage the fiscal and managerial aspects of the company. Here are some of the top companies that require MBA Finance graduates:

• Morgan Stanley
• PwC
• Deutsche Bank
• Deloitte
• E & Y
• KPMG
• Lehman Brothers
• McKinsey
• Barclays
• Boston Consulting Group
• Goldman Sachs

Employment Areas

The colossal scope of an MBA in Finance across several sectors allows you to explore an array of career opportunities. The different industries from retail and supply chains to reputed financial organisations present a large scope for the students.

• Retail Banking
• Personal Finance
• Accounting
• Sales and Trading
• Brokerage
• Financial Advisory
• Insurance
• Investment Banking
• Hedge Fund Management
• Credit Risk Management

Along with these, here are the top sectors you can explore:

• Banks
• Mutual Funds
• Stock Markets
• Financial Markets
• Non-Banking Financial Companies (NBFCs)
• International Banks
• Insurance Firms
• Equity Research Firms
• CRISIL, etc.

Popular Recruiters in India

Having a huge scope in India, MBA finance graduates can apply at any bank, organization, or financial consultations. Here are the top recruiters for MBA Finance in India.

• Goldman Sachs
• ICICI Bank
• HSBC
• Barclays
• JP Morgan
• Boston Consulting Group
• Deutsche Bank
• Goldman Sachs
• Bain & Company
• State Bank of India
• Morgan Stanley
• Merrill Lynch
• HDFC
• Capgemini Consulting
• TCS
• Wipro
• Infosys
• Accenture
• KPMG
• IBM
• Ernst & Young Nomura

FAQs

SOP for MBA programs is central to the admissions in top universities abroad. If you are planning to pursue an MBA in Finance from one of the best business schools, Leverage Edu can help you. From finding an institution to crafting an eye-catching SOP, our career experts will take care of your admission process and ensure that you land in your desired school.  Call us immediately at 1800 57 2000 for a free 30-minute counselling session.