Which one is the best...MBA in Finance or MBA in marketing?

MBA in general is about choosing what you want to do in life. So, before you decide to choose a specialization and stick to it ask yourself this:-

• What is your key area of interest?
• What are the subjects you are good at?
• Do you have a work experience of that particular specialization?
• What is the current status of that specialization?

MBA in Finance

An MBA programme specialising in Finance prepares graduates to make and review financial decisions for their future organisations.  Finance is pretty easy but you need to like it. It’s a lot like one of those papers which is easy if you put your mind to it but if you don’t like it, you are never going to get it. While it may seem to be a better fit for a person from a Commerce background, I’d recommend it for others as well. If you have a passion for numbers, possess good analytical skills, and number crunching is your forte, an MBA in Finance could be the ideal choice for you. Studying financial management helps graduates gain knowledge in fields like data analysis, financial accounting, and finance. Professionals  are involved in making decisions on how to obtain, manage and distribute funds for various projects, researching and analysing investment options, auditing financials, etc. Initial salary is around 3.5 lpa.

MBA in Marketing

MBA in Marketing is about the marketing and sale of products and services that companies offer. Have an aggressive approach to sell/persuade/communicate with customers. Comprehensive understanding of target customers. Exceptional Communication skills (Soft Skills), critical thinking and quick at learning new technologies. Your aim as a manager would be to maximize the revenue of the company by ensuring the sales figures are always up and the marketing of the product is done properly. Customer satisfaction is of utmost importance for any company and your goal would be to achieve that. Strategic planning, economics, financial analysis, consumer behavior, business trends, sales & marketing are the areas you need to focus on. You need to have a positive outlook and a zeal to sell anything. Initial salary is around 3 lpa.

Go over the above lines in order to know what suits you best.

I hope this answers your query.

Dear Dinesh,

MBA in finance and MBA in marketing are two different specialization offered during the course of MBA.

It's truly depend on your interest and working dedication.

As both of the specialization are having a good future scope and job opportunities.

If you are interested in doing job in banking sectors or share market, insurance company regarding accounts and other financial statements you can opt for finance.

If you are interested is doing job in marketing, sales, advertising and digital marketing you can opt for marketing.

If your interest is more in any of the specialization mentioned above, can lead to a good career and successful future.

Best of luck!

Hello Dinesh

You can find various answers for this question.

An MBA program with a concentration in finance prepares graduates to make financial decisions for a variety of businesses and organizations. MBA programs include finance courses that teach students how to acquire, manage and distribute funds in a business setting. Typical courses include marketing, international business and finance, budgeting, financial accounting, data analysis and economics.

Source: A blog

Students can choose to concentrate in one of several subspecialties that coincide with their personal and professional goals and interests. Subspecialties include areas such as private equity, corporate finance and portfolio management.

Career option after MBA in Finance

An MBA with a concentration in finance prepares students for a variety of careers, including positions such as these: Chief financial officer, Financial analyst, Financial manager, Insurance adjuster, Investment banker, Stock broker

MBA/PGDM in Marketing

A marketing MBA program is designed to prepare graduates to make marketing decisions in regards to advertising, public relations and other communications fields. Typical college coursework includes international sales and marketing, strategic planning, economics, ethics, market research, financial analysis, consumer behavior and current business trends.

In an MBA marketing program, students are usually allowed to choose courses from subspecialty areas of marketing based on their individual interests and goals. Such areas may include product management, marketing management and international marketing.

Career option after MBA in Finance in Marketing

A variety of careers are available to graduates with an MBA in Marketing. Job possibilities include the following: Advertising executive, Brand manager, Business development director, Buyer, Market researcher, Product manager.