{"id":9581,"date":"2023-05-09T12:24:20","date_gmt":"2023-05-09T06:54:20","guid":{"rendered":"https:\/\/leverageedu.com\/learn\/?p=9581"},"modified":"2023-05-09T12:24:20","modified_gmt":"2023-05-09T06:54:20","slug":"mba-in-financial-management","status":"publish","type":"post","link":"https:\/\/leverageedu.com\/learn\/mba-in-financial-management\/","title":{"rendered":"MBA in Financial Management: Course, Fees, Admissions, Colleges"},"content":{"rendered":"\n

Master of Business Administration<\/strong> is undoubtedly one of the most preferred degrees in the world. It comes in various specialisations, readying students in a particular niche of the business world. MBA in Financial Management<\/strong> is one such postgraduate degree specialisation course. As the name suggests, the course programme focuses on the management of the financial accounting of a business, helping the company achieve their financial goals. The study of budgeting<\/strong>, analytics, financial monitoring, assets management, etc is involved in MBA in financial management. There\u2019s huge scope and greater levels of return on investment (ROI)<\/strong> for this course, which students can utilise to gain a lateral jump in their careers. Interested to know more about MBA in financial management? Continue reading! <\/p>\n\n\n\n

Name of the course<\/strong><\/td>Master of Business Administration in Financial Management<\/td><\/tr>
Short form <\/strong><\/td>MBA in FM <\/td><\/tr>
Course Level <\/strong><\/td>Postgraduate (Master)<\/td><\/tr>
Field of study <\/strong><\/td>Management <\/td><\/tr>
Duration of course <\/strong><\/td>2 years <\/td><\/tr>
Bare minimum eligibility criteria <\/strong><\/td>At least an aggregate of 50% marks in bachelor’s from a recognised university. <\/td><\/tr>
Average initial salary <\/strong><\/td>Upto INR 20 lakh<\/td><\/tr>
Jobs <\/strong><\/td>Financial manager, financial advisor, asset manager, financial planner, etc<\/td><\/tr>
Recruiters <\/strong><\/td>McKinsey, Bain & CO, Boston Consulting Group, Goldman Sachs, JP Morgan<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n\n\n\n

Why Study MBA in Financial Management?<\/h2>\n\n\n\n

There are various reasons why an MBA in financial management is a promising degree choice for students. Read below. <\/p>\n\n\n\n

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  1. Studying MBA in financial management helps students to boost their career prospects from the start. <\/li>\n\n\n\n
  2. Students with skills gained from this course can also work in international organisations. <\/li>\n\n\n\n
  3. The learning opportunities are endless with an MBA degree in financial management. You can also run your own business with the help of this degree. <\/li>\n\n\n\n
  4. An MBA also helps you gain personal development, sharing insights on how to stand out in the sea of many. <\/li>\n\n\n\n
  5. There are highly attractive lucrative salary packages available after the completion of an MBA in financial management. <\/li>\n<\/ol>\n\n\n\n

    Also Read: Know Everything about MBA!<\/strong><\/p>\n\n\n\n

    Eligibility Criteria <\/h2>\n\n\n\n

    MBA in financial management can be pursued from India and abroad. The eligibility criteria for both options are mentioned below.<\/p>\n\n\n\n

    India <\/h3>\n\n\n\n
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    1. Students are required to score a minimum of 50% in their bachelor\u2019s degree from a recognised university. <\/li>\n\n\n\n
    2. Students in India can be eligible for pursuing MBA through accepted entrance exams such as CAT<\/strong><\/a>, CMAT<\/strong>, MAT<\/strong>, and SNAP<\/strong>. <\/li>\n<\/ol>\n\n\n\n

      Abroad <\/h3>\n\n\n\n
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      1. Students are required to score a minimum of 50% in their bachelor\u2019s degree from a recognised university. <\/li>\n\n\n\n
      2. Students must take the GMAT or GRE examination, as specified by the university, and achieve an admissible score. <\/li>\n\n\n\n
      3. Students must have 3 years of valid work experience.<\/li>\n\n\n\n
      4. Students must be able to demonstrate their English language proficiency through IELTS<\/strong><\/a>, TOEFL<\/strong>, etc. <\/li>\n<\/ol>\n\n\n\n

        Ace your English Proficiency Tests with Leverage Live!<\/a><\/strong><\/p>\n\n\n\n

        Top Global Universities for MBA in Financial Management <\/h2>\n\n\n\n

        If you are aiming for MBA in financial management, the below business schools are some of the most promising ones for this course. <\/p>\n\n\n\n

        Name of Business School <\/strong><\/td>QS MBA by Career Specialisation Rankings 2023: Finance<\/strong><\/td><\/tr>
        The Wharton School, University of Pennsylvania, United States<\/strong><\/a><\/td>1<\/td><\/tr>
        Harvard Business School, United States<\/strong><\/a><\/td>2<\/td><\/tr>
        Stanford Graduate School of Business, USA<\/strong><\/td>3<\/td><\/tr>
        Columbia Business School, Columbia University, United States<\/strong><\/td>4<\/td><\/tr>
        Stern School of Business, New York University (NYU), United States<\/strong><\/td>5<\/td><\/tr>
        Chicago (Booth)<\/strong><\/a><\/td>6<\/td><\/tr>
        Sa\u00efd Business School, the University of Oxford<\/td>7<\/td><\/tr>
        The Kellogg School of Management, Northwestern University, United States<\/strong><\/a><\/td>8<\/td><\/tr>
        Cornell SC Johnson College of Business, Cornell University<\/strong><\/td>9<\/td><\/tr>
        Michigan Ross School of Business, USA <\/strong><\/td>10<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

        Application Process<\/h3>\n\n\n\n

        The application process for MBA in financial management depends on the university you are applying for. For the same, follow the sectional steps below. <\/p>\n\n\n\n

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        1. Start with research. Work on deciding the university that meets your preferences and comes under your budget the most. <\/li>\n\n\n\n
        2. Check all the details associated with the degree and the university, including the course fee, the duration, the eligibility criteria, particular specifications, the timeline of the application process, the deadlines, and more. <\/li>\n\n\n\n
        3. Moving forward, cross-check whether the universities require entrance examination results or are only merit-based. <\/li>\n\n\n\n
        4. Collect all the documents that are required for admission and get ready to fill out the application form. <\/li>\n\n\n\n
        5. In most universities, you also have to submit a statement of purpose<\/strong><\/a>\/a motivation form<\/strong><\/a>; letters of recommendation<\/strong><\/a>; an MBA Application Essay<\/strong>; and English language proficiency scores.<\/strong><\/a> <\/li>\n\n\n\n
        6. GMAT<\/strong><\/a> and GRE<\/strong> scores along with your CV<\/strong><\/a> are also a requirement for application.<\/li>\n\n\n\n
        7. Finally, submit your application form and application fee to finalize your application process.\u00a0<\/li>\n\n\n\n
        8. Await results. <\/li>\n\n\n\n
        9. If you receive a conditional offer letter, follow the instructions mentioned by the university to finalize your entry.\u00a0<\/li>\n<\/ol>\n\n\n\n

          Documents Required <\/h3>\n\n\n\n

          The basic documents required for applying for an applied psychology degree abroad are listed below. <\/p>\n\n\n\n