Update on 03 Jan, 2023
5 min read
MBA Finance Subjects Course 2023: MBA Finance Course is a two-year postgraduate course specifically designed for students who wish to gain expertise in the field of finance. Finance is the driving force behind everything around you.
From your morning coffee to the commercials on your tv; the driving force behind them all is money. Finance, in simple words, is the management of handling large sums of money in business organizations and corporates.
MBA, in general, provides an overview of different business facets of an organization and the society it functions in. However, specialized MBA's provide in-depth knowledge of one area in the working of businesses.
MBA Finance Course is designed with concentrated business administration degrees containing topics that are specifically related to finance. It is a highly dynamic and competitive course.
Students, in this MBA Finance subjects course, learn about mergers, financial management, corporate financial planning, acquisitions and mergers, banking, etc.
Students learn the skills required to analyze financial reports, forecast financial and economic trends, analyze the stock reports, and attain a balance between risk and profitability.
MBA Finance is regarded as one of the most popular choices among aspirants of the MBA program due to its coverage area and the skills it imparts to its students. Generally, students are offered MBA in Finance as an elective course in their second year or as a specialization degree.
Name of the Course: Master of Business Administration in Finance
Duration: 2 years
Eligibility: Candidates must score a minimum of 50% marks in their bachelor’s degree in any stream or field.
Total Average Fee: Rs. 2 to 20 lacs
Admission Procedure: Entrance Test or Merit-Based
The growing popularity of the MBA Finance Course is due to the many skills it teaches students that are required in the business world. Skills such as analytical sharpness, communication skills, and practical decision-making skills. The aim of this course is to make leaders of its students.
Students who wish to pursue this course must have a strong background in Mathematics and Accountancy. The eligibility criteria and MBA in Finance admission procedure 2023 are the same as MBA General.
Most institutes and colleges accept the scores candidates obtained in entrance exams such as CAT, GMAT, etc.
MBA Finance Course prepares students for employment opportunities in a wide range of fields. The skills taught in this course are valuable and practical. It is a degree made with special emphasis on leadership roles or top positions, in financial institutions.
One of the most important things corporate management looks for is an expert in finances. Finance, the lifeline of any business is one of the most growing fields in the business sector. Experts in finance are always valued and required.
Graduates of the MBA Finance Course are equipped with the necessary skills required, such as cutting-edge financial management practices, to be in demand by reputed institutions.
They have multiple job opportunities in both the private and government sectors. They can also work at the stock exchange or any other finance-related institution. They can also run their own business depending on their experience.
MBA in Finance subjects Course provides students with the background knowledge of statistics, economics, strategy, and planning. A large number of business networks are availing this unit for employment, opening up new opportunities for graduates.
The management of finance is important to any business, and the employment sector is always on the lookout for experts and skilled financial managers, and analysts who can help manage and effectively run their enterprises.
Finance has been a male-dominated field throughout history but is now changing, as 44% of workers in the finance field are women. To succeed in any field, students need to know that it requires initiative, creativity, effort, and a passion for the field they are in.
In the end, it's a choice that solely rests with the student. A job in the finance field, with an MBA in Finance as the stepping stone, requires students to be active learners throughout their life.
The curiosity to learn and the passion to succeed don’t just stop at the achievement of an MBA degree, rather the process starts from there.
Candidates who are interested in admission must appear for an entrance exam that is recognized and accepted by institutes that provide this course.
The MBA Finance course has the same admission process as MBA General. Students are admitted on the basis of merit as well as entrance exams. Scoring great marks in Bachelor’s can get students admission in one of the prestigious institutes for management courses in India.
After candidates are listed, selected candidates must appear for a round of personal interviews. Some institutes also conduct psychometric tests too.
Apart from this, the admission through entrance exams is as follows. Students qualify for an entrance exam, their marks are then the basis for admission, and once selected, they also have to appear for a round of personal interviews and group discussions.
Some of the popular entrance exams are listed below:
|GMAT (Graduate Management Admission Test)||The candidate must be above 18 years of age and should have completed his Bachelor’s from a recognized university.|
|CAT (Common Admission Test)||The candidate must have completed his Bachelor’s degree with an aggregate of 50% marks.|
|CMAT (Common Management Aptitude Test)||Candidates appearing for their final exams in any graduate course are eligible to apply.|
|MAT (Management Aptitude Test)||The candidate must have completed or should be in his final year of his Bachelor’s degree from a recognized university.|
The entrance tests usually begin in the month of July till January. CAT is usually held in the month of November:
The candidates who are eligible for MBA Finance are:
|UEI Global, Agra||Rs. 66,000/-|
|Rama University, Kanpur||Rs. 1 lac/-|
|KP Group of Institutes, Agra||Rs. 70,000/-|
|Dewan vs Group of Institutes, Meerut||Rs. 66,000/-|
|IIMT University, Meerut||Rs. 1.02 lac|
IIM’s and Xavier Institute usually require work experience from students seeking to gain admission to its Postgraduate MBA programs, such as MBA Finance, MBA Retail Management, etc.
Most of the colleges and institutes in India require CAT scores from students seeking to gain admission. Students interested in pursuing MBA in Finance abroad must opt for the GMAT instead.
The MBA Finance Course is a two-year full-time course divided into four semesters.
The syllabus is as follows:
1st Year (Core Courses)
|Organizational Behaviour||Human Resource Management|
|Quantitative Methods||Business Communication|
|Financial Accounting||Information Technology Management|
|Managerial Economics||Management Science|
|Marketing Management||Management Accounting|
|Economic Environment of Business||Productions and Operations Management|
|Management of Information System||Organization Effectiveness and Change|
Students are required to study all the courses in the first year, there is no choice between them:
2nd Year (Elective Courses)
|Portfolio Management||Security Analysis and InvCorporate Taxationestment Management|
|Quantitative Analysis of Financial Decisions||International Financial Management|
|Management Control System||Corporate Taxation|
|Risk Management||Fixed Income Securities|
|Financial Reporting||Corporate Governance|
|Analysis Management||Financial Derivatives Project Planning|
|Behavioural Finance||Financial Markets|
|Business Analysis and Evaluation||Financial Risk Management|
|Commercial Banking||Fixed Income Securities|
|International Business Economics||Indian Accounting Standards|
|Structured Finance||Corporate Taxation|
|Security Analysis and Portfolio Management||Issues in Empirical Finance|
|Financial Analysis, Planning, and Control||Financial Decision Making under Information asymmetries|
|Risk Management and Insurance||Social Finance, Impact, and Investing|
|Commodities Derivatives Marketing||International Financial Management|
|Mergers, Acquisition, and Corporate Restructuring||Financial Modelling using Excel|
Anyone interested in an MBA must know that there are different modes one can pursue an MBA from. They are, Full-time, Part-time, and an executive MBA program. Students can avail of any one of them according to their suitabilities.
We have provided the basic difference between the three modes below:
The full-Time MBA Program is the most general form of studying. It requires students to attend classes and seminars regularly. Students gain admission to an institute that provides this course.
The part-time MBA Programme is for students who are working and yet want to pursue an MBA degree to increase their academic qualifications, experience, or skills. In this mode of learning, students don’t need to attend regular classes. They study on their own and go for examinations at the allotted examination center.
The executive MBA Programme is for professionals who have at least 5 years of experience in the field. It is specifically designed for professionals who wish to enhance their career opportunities with a professional MBA degree.
Some of the prestigious top B-schools also provide online MBA programs also.
MBA Finance boosts almost 26% of the entire job opportunities that are available to MBA Graduates throughout the world.
The forecast also states that projected growth in the employment sector for MBA skilled graduates is set to increase, with the increase in international investment and globalization.
Some of the areas where MBA Finance graduates usually find employment are:
An MBA in Finance equips students to become:
Some other established job roles include Chief Financial Officer (CFO), Accounting Manager, Corporate Controller, Management Consultant, etc.
Many reputed companies hire MBA Finance Course graduates due to the valuable skills they possess.
Some of them are listed below with the average salary package they offer:
|TATA Consultancy Services Limited||Rs. 2 to Rs. 10 lac|
|HDFC Bank||Rs. 2 to Rs. 10 lac|
|Ernst and Young||Rs. 3 to Rs. 11 lac|
|Capgemini||Rs. 4 to Rs. 10 lac|
|Accenture||Rs. 3 to Rs. 11 lac|
Since MBA Finance Course exclusively deals with Finance, mathematics is an essential part of the skill set a candidate must possess.
Apart from this, the curriculum of the course helps students with skills that are required to succeed in C-suite jobs. The ability to analyze large amounts of data quickly and accurately. The ability to forecast economic trends and provide smart and sustainable solutions to business threats and risks.
MBA Finance is typically designed for students who wish to climb up the corporate ladder, and students who wish to become leaders and inspire others.
The field of finance, ironically pays higher than other fields in the business world, due to the importance of the primary factor they handle: Money, Due to the relative importance of finance, companies pay handsome amounts to experts in the field.
Entry-level jobs have a starting salary of around Rs. 60,000 and the number keeps jumping up from there. The pay is great, the working hours are long and finance is the field. If this is something that suits you, then MBA Finance Course is perfect for you.
Some students who wish to pursue a career in Finance opt for an MBA in Finance or a master's in Finance. The main difference between these two lies in the scope. An MBA in Finance covers a broader range of topics related to the business curriculum while a Masters's generally covers areas specific to only finance.
Another key difference between these two is that while an MBA in Finance may require work experience as a criterion for admission, a Masters's usually does not.
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