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I'm planning for my MBA and I'm really really really confused between marketing and finance and i dont know what to do, which one offers more scope in terms of job placement, salary, everything... i come from a commercial background and I'm actually feeling like a blank canvas. so need help in this.


adityasingh.augustine 1st Apr, 2021
Answers (2)
CA Janvi Janani 1st Apr, 2021

Hello,

* MBA is a 2 year degree programme. You can choose the one of your favorites and interested specialization out of the finance, marketing, HR, Operation, etc.

* To get the admission in MBA you should have a graduate degree in any discipline with good percentage.

* Here we are talking about one of the specializations called Finance .

* Students were asked that why you are choosing finance as their specialization. Replies, the financial crisis is being counted as the biggest crises of the world. And we had the experienced that before a couple of years. All countries are demanding heavily the skilled financial analyst against their financial sector for preparation and control.

* Therefore, MBA in finance is most sought programme in across the world.

* 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.

* Actually, the students who have done the B.com or having commerce in their qualifying examination, they are well going-through the finance, accountancy and related fields.

* You can do the MBA in finance after the completion of UG degree in Engineering, medical, science, art & humanities.

* “There are lots of job opportunities are offered in the MBA (Finance) qualified in the public as well as private sector”.

* 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.

*  You can play the role of following positions in an industry:

  • Asset Management
  • Corporate Finance
  • Corporate Banking
  • Credit Risk Management
  • Derivatives Structuring
  • Hedge Fund Management
  • Private Equity
  • Treasury

* After pursuing this course, you can find job placements in various areas such as Financial Institutions, Banks, Financial Consultancies, Colleges & Universities and various government and private firms & companies.

* “Finance is counted among one of the highly paid sectors of the country”.

* It is a good paying degree course. Salary is no bar for the qualified and skilled one. A financial manager can earn Rs. 3 to 4 lacs per year.

* Salary of an MBA in Finance qualified can also depend upon the working experience, qualification, recruiters, geographic location of the organization, etc. After gaining sufficient experience, you can easily earn attractive salary packages in both sectors.

* Talking about MBA in Marketing can help you get a job promotion and qualify for management and executive positions in your current company. Since postgraduate business programs emphasize developing leadership and communication skills, graduates can advance to marketing positions with great ease.

* Whether you are interested in sales, business development, media and entertainment, advertisement, brand management, or even general management, these skills form the heart of any senior-level role. Technology has further augmented the marketing world, adding new creative areas and innovative job profiles to the mix.

* A master’s degree can provide a significant boost to your compensation package. According to Pay scale, the annual salary for holders of an MBA in marketing ranges from Rs 3 lakh to Rs 20 lakh , depending on the seniority, company, and sector. Some of the leading recruiters include Tata Consultancy Services, Vodafone, Amazon, Citibank, HDFC Bank, and Kotak Mahindra Bank. Even FMCG giants (like HUL, P&G, Marico) and international advertising agencies, including Ogilvy, DDB Mudra, Dentsu, McCann Erickson, etc. hire marketing graduates.

* Moreover, reputed technology companies like Google, Microsoft, Facebook, Oracle, SAP, IBM, Salesforce hire MBA talent for several marketing positions. So, the job responsibilities that come with lucrative pay scales can be diverse and widely varied.

* The typical MBA in Marketing programs is structured to prepare you with the ‘core’ business coursework and supplement that understanding with marketing-specific electives. The core subjects focus on finance, human resources, accounting, corporate management, organizational behavior, etc.

* On the other hand, the elective courses zero in on topics like market research, consumer behavior, product management, brand management, strategic selling, and promotional campaign management.

* As a marketing manager, you may have to analyze the demand for a particular product or perform a Cost-Volume-Profit analysis to determine the break-even point. Here, your B-school teachings will come handy. Therefore, the program is designed to equip you with a strong foundational knowledge of business administration and marketing concepts. And this learning can be applied across different industries and career fields.

* Choice is yours.

* Hope this information helps.

* All the best !!

darshita 1st Apr, 2021

Hello,

Marketing involves a lot of brain wracking, long hours, risks taking, and in the course of it, setting a new trend with every successful campaign.

M arketers in India are highly sought after professionals and bring home some of the highest pay packages.

The scope of MBA in marketing in India is wide. After the completion of this post-graduation course, you can be placed as sales executive or manager in reputed companies in industries, including retail, tourism, FMCG, banking, hospitality, media & advertising and market research.

Now talking about finance

Finance MBA can work in banking and non-banking sectors. You have a lot of job opportunities in government and the private sector. You can be a part of the stock market, top-notch organization, finance ministry and related organizations.

Now as India is slowly becoming a digital world so the utmost necessity is marketing now.

So you can choose marketing as its more demanding now.

Hope this helps!!!

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