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Post- economic liberalization, India has been encountering an upsurge in the economy. Both National and International companies have been investing their money in our country. With increased financial liberalization a wide array and wide variety of jobs are available to an MBA with specialization in finance.
What is the benefit of doing MBA in Finance?
Today, an individual who has done MBA with Finance Specialization learns a variety of subjects like corporate finance, Costing, Budgeting, International Finance, working Capital management, investments and securities etc that enables him to look after the financial department of any organization efficiently.
Eligibility:
A student needs to have completed his/her graduation from any stream in order to pursue a MBA in finance. However, it is preferable that the candidate is good with numbers.
Entrance tests:
There are no different entrance tests for MBA in Finance. The entrance test includes testing of proficiency in English, problem solving, data analysis and interpretations, critical reasoning and general awareness of socio-economic environment.
Future prospects of MBA in Finance:
A candidate who has done their MBA in finance has an option of working with leading banks or with leading Non-banking Finance Companies or leading Finance Companies other than Banks. They can also work as a securities analyst or work with brokerage firms and deal in Foreign Currency transaction either in bank or in a manufacturing Company.
The candidate may be involved in fields such as accounting and auditing.
Institutes offering MBA in Finance:
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai
SP Jain, Mumbai
Symbiosis Centre for Management and Human Resource Development, Pune
Indian Institute of Management (all centers like Lucknow, Ahmedabad, Banglore and Calcutta)
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