MBA in finance ? does it have scope ? salary package ?
Mba finance is a most sought after course in India.
There are various profiles you can take up after an MBA in Finance
So according to your needs see which profile would suit you.
1.Investment Banking- Involves dealing with already listed companies. Pricing of issues, valuation of projects, analyst reports, client interaction.
2.Private Equity- Invests funds into new ventures or unlisted companies. They may also provide funds to already listed companies but very rarely. Valuations of Startups, investment decisions.
3.Corporate Finance- The finance department of companies responsible for taking financial decisions of the company. Forecasting fund requirements, managing surplus funds, raising funds, approving funds for the project use.
4.Proprietory Trading
a. Equities and Derivatives
b. Bond or Fixed Income
5.Research Analyst -Conducting research for clients. Research can be for entering a particular country, segment, industry. Profitability studies and forecasting.
6.Banking Roles
7. Ministries
And the list continues....
Don't worry about salary, it's staggering.
I wish you all the best.
Cheers !!
Finance is one of the most sought after specialization of MBA. A big community of students is attracting with this specialization.
Benefits of MBA in Finance course:
You can initially join as a trainee or finance manager in various companies.
You can opt organizational jobs for preparing financial reports or managing investment activities.
After completing this course, you can also go for the further research studies.
There are lots of job opportunities are offered in the MBA (Finance) qualified in the public as well as private sector.
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.
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.
Top colleges offering MBA in Finance course are listed here:
Indian Institute of Management (IIM), Ahmedabad
Indian Institute of Management (IIM), Bangalore
Indian Institute of Management (IIM), Calcutta
Xaviers Labour Research Institute (XLRI), Jamshedpur
Indian Institute of Foreign Trade (IIFT), New Delhi
Indian Institute of Management (IIM), Indore
Indian Institute of Management (IIM), Lucknow
All the Best!!