MBA In Finance : Careers, Market Trend, Growth, Salary & Top B-Schools

Masters in Business Administration in Finance holds the knowledge and management of collection, investment, and resources of monetary matters. MBA in Finance prepares students for careers in financial planning, banking, corporate finance, and accounting. Aspirants can also additionally work in various fields, including taxation, investment portfolio management, taxation planning, asset and liability finance, hedge fund management, international finance, and insurance management.

Finance Sector Market Growth and Trends

The finance department rules the roost when markets are volatile and unpredictable. All leading business and corporate houses have financial managers to quickly resolve financial challenges. Hence, candidates are now preferring MBA Finance more. Globalization since the 1990s has led to rising competition both in the domestic as well as international sectors. With advancing technology, marketing strategies to maximize business have undergone sea changes.

These factors are of prime importance not only to plan business strategies but also for financial managers. Hence the role of finance managers with deep knowledge and insight into the latest market scenarios and current financial trends is of utmost value in every organization.

A finance manager must acknowledge and resolve financial risks with prudence, which is where an MBA graduate in Finance becomes more useful. Generally, banking, finance, and healthcare are the main sectors for MBA in Finance graduates. Candidates of MBA in Finance have multiple job opportunities both in the private and public sectors. They get job opportunities in organizations that need to maintain a balance of capital. The popular working areas of Finance graduates are Asset Management, Corporate Finance, and Corporate Banking, Credit Risk Management, Derivatives Structuring, Hedge Fund Management, Private Equity, Treasury, etc.

Career Growth in Finance Sector

Students with profound knowledge of finance can make their careers in business or organization. Some of the top companies which offer MBA in Finance are Ernst & Young, HSBC, Genpact, Accenture, etc.

MBA in Finance leads to various opportunities in the business world. Successful candidates have various opportunities in the private and public sectors. They can express their skills in the stock market. An MBA in finance can pursue their own business. There are further opportunities in various fields such as investment banking, investment portfolio management, asset and liability finance, tax planning, financial statement reporting and analysis, hedge fund management, international finance, etc.

Every business organization will have a finance department that requires an expert in the field for maintaining the balance of capital. Here is where skilled finance students become useful. Apart from a good salary package, candidates get top managerial posts which further opens up new doors of thriving career opportunities.

Course Content

MBA in Finance graduates is employed in sectors such as banking and finance, healthcare, etc. There are more popular areas such as Asset Management, Corporate Finance, and Corporate Banking, Credit Risk Management, Derivatives Structuring, Hedge Fund Management, Private Equity, Treasury, etc.

The subjects of the course are Corporate Investment Management, Portfolio Management, Portfolio Management, Small Business, and Corporate Finance, Investments, Securities Analysis, Borrowing, Fundraising, Collections, Disbursements, International Finance, etc.

Apart from this, there are subjects such as Business Analysis and Valuation, Commercial Banking, Commercial Taxation, Financial Decision Making under Information Asymmetries, Risk Management and Insurance, etc.

Jobs after MBA in Finance

As discussed, an MBA in Finance graduates can be employed in both the private and public sectors. Apart from this, they can ply their trade in the banking and non-banking sectors, including corporates. The top recruiters of MBA in Finance are Goldman Sachs, Goldman Sachs, Merrill Lynch, Bain & Co, Boston Consulting Group, JP Morgan, Lehman Brothers, KPMG, Deloitte, etc.

An MBA in Finance graduate can be placed in Asset Management, Corporate Finance, Corporate Banking, Credit Risk Management, Derivatives Structuring, Hedge Fund Management, Treasury, Private Equity, etc.

Salary

Different job profiles offer different salaries. Also, the salary trend varies in the organization. Here, we are providing the salary packages which MBA in Finance graduates can expect:

The compensation of the Financial Analyst is Rs. 3.63 LPA

The average salary for Corporate Finance is Rs. 6.10 LPA

The average salary of an experienced Assistant Vice President is Rs. 19.26 LPA

The average salary of an experienced Credit Risk Manager is Rs. 11 LPA

Top Companies recruiting MBA in Finance

The top companies that offer jobs for MBA in Finance Graduates are Goldman Sachs, Morgan Stanley, Merrill Lynch, Barclays, Deutsche Bank, McKinsey, Boston Consulting Group, KPMG, Deloitte, etc.

IIM, Bangalore boasts of 16% placements in the Corporate Finance and Commercial Banking Sector for the year 2018-20 out of its total successful placements, with major companies such as McKinsey and Company, A.T. Kearney, Aditya Birla Group, NRI Consulting, etc. as the major participants among others.

Another major B School, The SP Jain Institute of Management and Research were greeted by leaders in the sector such as Goldman Sachs, Citibank, American Express, HSBC IB, Bajaj Finserv, DBS Bank, Barclays and ICICI Bank among others. Placements were offered for various roles such as investment banking, corporate/retail banking, equity research, and NBFC roles, etc.