What is MBA in finance?
MBA in finance is Master Of Business Administration degree that specialises in the study of financial management, finance investments and financial market. This course covers topics such as financial analysis, portfolio management, risk management, derivatives and corporate finance.
Scope of MBA Finance –
- Career opportunities – MBA finance offers vast career opportunities for the graduates such as corporate finance, risk management, finance analysis, financial planning, etc.
- Industry demand – These finance graduates are highly in demand globally, in both, modern and traditional finance sectors.
- Skill set – The program develops students with excellent skill set in financial analysis and strategic financial management, risk assessment and valuation techniques.
- Mobility- The vast growing finance industry offers opportunity for international assignments and mobility.
- Salary – The salary potential for these graduates is always competitive, with higher potential, accompanied by performance based bonuses. 6. Constant learning – The finance field is not just ever growing, but also dynamic and requires constant updation regarding the finance laws, private equity, etc.
How to apply for MBA Finance?
There are some key steps that you need to follow while applying for MBA Finance, they are as follows –
– Research different MBA programs that focus and specialize in finance, then study your research and choose the best MBA Finance program that suits your career goal.
– Check the admission requirements for the program, usually it requires your GMAT or GRE scores. Prepare properly and make sure that you meet all the admission requirements.Keep letters of recommendation statement of purpose or essay ready.
– Keep your official documents such as test scores, transcripts, resume, letter of recommendation, statement of purpose ready.
– Always check for financial aid options, scholarships, assistantship, study loans offered by the MBA programs. – Complete, check and submit your applications we’ll before the deadlines.
– Prepare yourself for the interviews by researching and reflecting on your goals.
– Once you receive the acceptance letter, read and review it carefully and then complete the enrollment process.
Top 10 MBA FINANCE colleges in India
Here’s a list of top MBA finance colleges in India…
- Indian Institute of Management Ahmedabad ( IIMA) – The Indian Institute Of Management Ahmedabad is known for its renowned academic curriculum. IIMA offers world class infrastructure including well equipped teaching aids and classrooms, sports facilities and library. IIMA is known for its stellar placement record with highest paid salaries, with influential alumni. With astounding capabilities, this Institute collaborates globally with various international colleges and universities.
- India Institute Of Management Bangalore ( IIMB) – The Indian Institute Of Management Bangalore is another prestigious management Institute in India. It offers a range of programs including post graduate program in management ( PGP) and fellow program in management (FPM). It maintains strong and relevant ties with various industries for collaboration. IIMB is globally recognized with a strong placement record.
- Indian Institute Of Management Calcutt (IIMC) – The Indian Institute of management Calcutta, established in 1961 is the oldest and most renowned business school in India. It offers the (PGP) Post Graduate Program in Management and (FPM) Fellow program In Management.
- Indian Institute of Foreign Trade (IIFT) – Indian Institute of Foreign Trade is India’s prestigious business school established in 1963 by government of India. IIFT mainly focuses on international business and trade. It has campuses in New Delhi and Kolkata. It offers flagship programs in International Business (IB) along with Executive and PhD programs.
- Xavier School Of Management, Jamshedpur (XLRI) – XLRI is one of the oldest and prestigious business schools of India. This business school was established in 1949 and focuses on management education and research through its various programs. It has a strong alumni network and excellent placement record.
- Indian School of Business, Hyderabad (ISB) – The Indian School of Business is a premier business school in India which was established in 2001. It offers various post graduate programs. ISB consistently tops amongst other business schools globally.
- Faculty of Management Studies ( FMS), University of Delhi – FMS was established in 1954 , it offers full-time, part-time MBA and doctoral (PhD) programs. It has a distinguished faculty and a robust placement record.
- S. P Jain Institute of Management and Research (SPJIMR) Mumbai – This business school is a leading Institute located in Mumbai, India. The flagship program of SPJIMR is equivalent to MBA. It offers Global Management Program (GMP) and Family Managed Business program (FMB).
- National Institute of Industrial Engineering ( NITIE) Mumbai – The National Institute of Industrial Engineering is one of the most premiere management Institutes that specializes in industrial engineering and technology management. It has strong industrial collaborations and partnerships.
- Management Development Institute (MDI) Gurgaon – This prestigious business school is known for its management education and research. It offers various fellow programs as well as post graduate programs. MDI Gurgaon is accredited by international bodies such as AMBA ( Association of MBAs) and NBA ( National Board of Accreditation).
MBA in finance is a very renowned education degree, you need to research, prepare and perform well to get admissions in any of these prestigious management Institutes, strive hard to reach your goals in finance degree.
