Among all Business Management courses, the most coveted one is an MBA. Being widely pursued course, it offers diverse specializations for aspirants with varied interests. A two-year master’s degree program blends academic knowledge with hands-on training to prepare students for the fast-growing industry. The aspirants who have a strong background in Finance and want to further their knowledge of business, the MBA in Finance is a viable option for them. MBA in Banking and Finance has become immensely popular owing to the unlimited job avenues available in the field.
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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 skilfully designed to incorporate practical work, projects, internships and research. Divided into four semesters, MBA Syllabus covers the following important concepts:
|Management Control System||Quantitative Analysis of Financial Decisions||Security Analysis|
|Corporate Taxation||Management of Financial Services||International Financial Management|
|Options, Futures & Derivatives||Investment Analysis and Portfolio Management||Corporate Restructuring|
|Business Valuation||Behavioural Finance||Trading Strategies|
|Financial Modelling||Investment Management||Portfolio Management|
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 the 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 Business Schools For MBA in Finance
Business schools all over the world offer the best MBA programs for students and professionals alike. Besides imparting quality education in the domain, the schools are renowned for higher placement rates. Some of the universities have also started offering Online MBA programs for those who wish to pursue a degree from a reputed school at their convenience. With cutting-edge technologies and leading research infrastructure, the schools offer a perfect environment to take your research to the next level. Given below is the list of top business schools that offer MBA in Finance:
- Columbia University
- The Wharton School
- Harvard University
- The University of Chicago
- New York University
- University of Pennsylvania
- University of Western Ontario
- London Business Schoo
- Peking University
- University of Toronto
- The University of Hong Kong
- Frankfurt School of Finance & Management
When it comes to making a career in the field of business management, MBA in Finance exposes you to diverse opportunities in both the private and government sector. Lucrative salary packages and higher prospects for growth are characteristic of the jobs offered in the domain. A fresher in the field is expected to earn 7-12 Lakh a year but if you have a degree from a reputed business school, you are likely to land in a high earning job abroad. After finishing the degree, you can find yourself for following job roles:
- Financial Manager/Analyst
- Credit Analyst
- Risk and Insurance Manager
- Accounting Manager
- Cash Manager
- Chief Financial Officer
- Finance Director
- Finance Manager
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.