Having a MBA Finance degree, yet confused about the career and job options before you? Well, not to worry as here we are going to discuss about the best career options after MBA in Finance itself.
MBA in Finance is a standout amongst the most desired specializations in the finance domain; a large number of students aspire for a career in the field of finance.
MBA Finance degree:
An MBA Finance degree happens to be a programme with 2 years duration. Subjects such as Investment Management, Reporting of Financial Statement and Management and Analysis of Financial Services, Taxation and Tax Planning etc. are covered as a part of this degree programme.
Desired skills for pursuing MBA Finance:
– Fond of playing with balance sheets and number
– Possess high analytical ability
– Ready to work with numbers staying behind curtains
Best MBA colleges:
Listed out here are some of the top colleges in India, that offer a MBA in Finance degree:
– All IIMs
– Faculty of Management Studies (FMS) – Delhi/NCR
– Symbiosis Centre for Management and Human Resource Development (SCMHRD) – Pune
– Institute of Management Nirma University – Ahmedabad
– Birla Institute of Technology and Science (BITS-Pilani) – Rajasthan
Best Career options after MBA in Finance:
MBA in Finance brings along good growth prospects and opportunities to scale new heights in the finance sector. One can opt for career prospects in banks, financial establishments, and various financial consultancies. One can likewise get associated with consumer and investment banking, corporate and international finance etc. Experience in this sector can take you on government committees and contribute significantly towards policy-making related issues. Other options involve offering consultancy services to government and corporate organizations.
Best jobs after MBA in Finance:
Here are some of the lucrative job options after doing MBA in Finance:
– Investment Bankers
– Chief Financial Officers
– Financial Managers or Financial Analysts
– Risk and Insurance Managers
– Credit Managers and Specialists
– Management Consultants
– Accounting Managers
These happen to be just a few…
The individuals who are functional as Financial Analysts begin off with a minimum compensation of Rs 4 lakh per year. On the other hand, Credit Analysts begin at Rs 5-6 lakh per year and can go up to Rs 20-30 lakh per annum, once they achieve senior designations. Mangement consultants likewise begin at Rs 5-8 lakh and inside few years time, can earn in the range of Rs 10-15 lakh per year!
The compensation predominantly relies upon the business school you pass out from. MBA Finance degree holders are known to get the creamiest placement offers from the reputed organizations across the nation. Level 1 colleges such as the IIMs witness students getting placed with salary offers in the range of Rs 10-15 lakh per year.
That was regarding the best career options after MBA in Finance. For more of such blogs, do visit SayTooLoud.