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Career Options after MBA in Finance

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Career Options after MBA Finance

24, May 2019

There are several types of MBA courses, majorly in 4 specialized fields – Marketing, IT, HR and Finance and in this article I will focus on the latter, that is Finance. As everyone is aware that any enterprise or business thrives on finance, and an employee who is good with numbers and can take financial decisions comfortably gets the top spot in the hierarchy of job positions. You must have a liking towards economics, stock markets, accounting, balance sheets etc. If there’s not even a slight inclination towards these, then the teachings in the course will be boring, resulting in bad grades.

Here I would like to add a quote - “A GREAT CAREER without a GREAT EDUCATION is only a DREAM.” Choose your career wisely

For those seeking a career that deals with money, an MBA specialization in finance from best MBA colleges in India can prove to be invaluable. MBA in Finance is no easy course; think of it as training for one of the most liable roles in the world. There are multiple of opportunities for finance grads and the reason for this magnetism is the various subjects taught to the students in the course of 2 years. They include corporate valuation, Investment management, Management control system, Taxation, Financial Statement; Tax planning, Analysis and reporting of financial services.

Skills Required for MBA in Finance:

  • Extremely high analytical ability
  • A love for playing with numbers and balance sheets
  • Not minding being at the back end, crunching numbers.

Scope of MBA in Finance

MBA in finance has a lot of scope in India as well as on a global platform. It has huge variety of roles to offer with some of the most prestigious companies of the world like Goldman Sachs, Morgan Stanley, J.P. Morgan Chase, Credit Suisse, Merrill Lynch (Investment Banks), PwC, KPMG, McKinsey, Deloitte, BCG, Bain and Co.(Consultancy Firms) and Standard Chartered, HSBC, Citi Bank (Commercial and Investment Banks), also, almost all the hotshots in the world like Apple, Tesla, Microsoft, Amazon etc. have finance roles to offer. Some of the heads under which the roles that an MBA in finance is offered are as follows:

Jobs after MBA in Finance

Job Role
Accounting Manager
Chief Financial Officers
Cash Managers
Manager Consultants
Investment Banking Associates
Credit Managers & Specialists
Financial Analyst
Corporate Controllers
Finance Officers & Treasurers
Insurance & Risk Managers
Investment Bankers
Investing Sales Traders & Associates

The financial guys have always got the creamier pay package even better than the marketing guys. Tier 1 colleges that include Top MBA colleges in India provide financial students with placements at an average of 10 - 15 lakhs per annum, quite a wealthy salary for a fresher.

Finding the right college is very important which follow a structured way of teaching along with practical insights

To help you with that, I have compiled a list of colleges from where you can search for options for Best MBA colleges in Delhi

  • FMS (Faculty of Management studies)
  • IIFT (Indian Institute of Foreign Trade)
  • NDIM (New Delhi Institute of Management)
  • Department of Management studies - IIT Delhi

Top 10 MBA colleges in India are the ones who are offering management education keeping pace with Global MBA environment. The best MBA colleges not only include the Indian Institutes of Management (IIMs) but more other university affiliated and private MBA colleges who are doing much better than many IIMs. There is no doubt that top 3 IIMs- IIM Ahmadabad, Bangalore and Kolkata are still occupying the top positions in India but the list of best MBA colleges now includes many B-schools in non-IIM category. The best MBA colleges and many IIMs have similar fee structure but the IIMs placements, IIM Admission process and the IIMs average salary in placement lag behind in number of these best MBA colleges.