Latest: Ahmedabad University MBA admissions 2024 open; Apply now
Recommended: Top UGC approved colleges for Online MBA
Don't Miss: Best Online MBA courses by Top Universities
Hello Dear
The answer is depending on your career goals. What do you want to become in the future? And the preference of career and the passion towards the subject decide your major. Finance and marketing both are demanding skills in today’s job market. Marketing is one of the trending skills with multiple career opportunities. So, marketing would the first choice of career for the people who want to work in challenging job roles. As you are from IT background I would suggest to go for marketing as major in your MBA. Because, it’ll will help to grow in any company irrespective of sector. Digital marketing is trending marketing platform through which all the businesses are promoting their services and running operations.
The role of Marketing in organisation development: As I stated in the first paragraph, marketing plays an important role in business development. It involves in developing the marketing plans, brand building plans, and strategies to provide the attractive information to the target customers.
Anyone with the basic bachelor’s degree can start working in marketing departments. Master’s degrees in Marketing such as MBA in marketing will ensure to acquire the top level position in the business development departments.
Digital marketing, marketing management courses would be additional qualification for marketing professionals.
Digital marketing is now trending marketing technique applied across all the industries to promote business services and production. Internet is playing the major role in business advertisement through digital marketing technique.
The major job roles in marketing involves in developing marketing goals, strategies and executing. The following are some the job roles
Pay Scale & career path of top level positions in Marketing –
Finance would be the second option when it is compared to marketing. But, it plays a vital role in business decision making and investments.
The role of finance in the organization: In any organization the finance department involves in financial planning, accounting, corporate finances, investment and decision making. The functions of finance play a significant role in developing the strategies to achieve the organization’s financial goals and increase the shareholders’ value.
These functions include fund raising and capital funds management, investment decision making and profit allocation etc. It’s mostly involved in corporate mergers and acquisitions. So, as per the functionalities of finance one can decide whether it is fit as the career or not.
Career in Finance: To start career in finance bachelor’s degree is the basic qualification with good subject knowledge in finance and accounting related subjects. Master’s degree programs with finance as specialization open more career opportunities in the bigger organization.
In addition to the bachelor’s degrees/master’s degrees, financial management courses, professional finance qualifications such as Chartered Financial Analyst (CFA), Investment Management Certificate (IMC), Chartered Institute of Management Accountants (CIMA) will ensure the better career options with high pay scale.
Job roles in Finance: As a qualified finance professional one can get into any of the following job roles. All of these positions are involved in helping a company develop and manage its cash and financial assets.
MBA Finance and MBA Marketing, they are two spaces of concentrate that each business needs, marketing area assumes liability for creating the income and finance department is in charge of transporting this income in various exercises to guarantee the most extreme development of the wealth.
Which Degrees you can pursue:
Finance: Bachelor of Commerce, Bachelor in Finance and Accounts, Bachelor in Economics, Bachelor in Mathematics and so on. Economics and Mathematics, MBA in Finance.
Marketing: Graduation in any field of your advantage. MBA in Marketing, it's tied in with understanding the business side of things and figuring out how to be a superior sales representative.
Pros of Finance Career:
Cons of Finance Career:
Pros of Marketing Career:
Cons of Marketing Career:
HOPE IT HELPED
Download this ebook and get all details related to the top UGC approved colleges for Online MBA.
Admit Card | Application | Result | Cutoff | Counselling | Preparation Tips | Eligibility
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile