MBA Finance Course, Admission, Colleges, Fees, Duration, Eligibility, Syllabus, Job & Package

What is MBA Finance Course?

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 MBAs 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 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, analyzing the stock reports and attaining a balance between risk and profitability. 

MBA Finance is regarded as one of the most popular choices among aspirants of MBA program due to its coverage area and the skills it imparts to its students. Generally, students are offered MBA Finance as an elective course in their second year or as a specialization degree. 

MBA Finance Course: Overview

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, 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 admission procedure are the same as MBA General. Most institutes and colleges accept the score 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.

Why Should You Choose MBA Finance Course?

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 Finance 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 since 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 you are in. 

In the end, it's a choice that solely rests with the student. A job in the finance field, with an MBA Finance as the stepping stone, requires students to be active learners throughout their life. The curiosity to learn and the passion to succeed doesn’t just stop at the achievement of an MBA degree, rather the process starts from there.

Admission Process And Eligibility Criteria For MBA Finance Course:

Candidates who are interested in admission must appear for an entrance exam that is recognized and accepted by institutes who provide this course.

Admission Process For MBA Finance 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 studies in India. 

After candidates are listed, selected candidates must appear for a round of personal interviews. Some institutes also conduct a psychometric test 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 interview and group discussion. 

Some of the popular entrance exams are listed below:
Name
Eligibility

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. 

Eligibility Criteria for MBA Finance Course:

The candidates who are eligible for MBA Finance are:

  • Students who have completed their Bachelor’s from a recognized university.
  • Candidates who have scored a minimum of 50% marks in their graduation degree. 
  • SC/ST candidates are offered 5% concession and should score a minimum of 45% marks in their bachelor. 
MBA Finance Course Top Universities and their Average Fee
                      
Name
  Average Fees
Year Status

UEI Global, Agra

Rs. 66,000/-

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Rama University, Kanpur

Rs. 1 lac/-

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KP Group of Institutes, Agra

Rs. 70,000/-

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Dewan vs Group of Institutes, Meerut

Rs. 66,000/-

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IIMT University, Meerut

Rs. 1.02 lac

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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. For students interested in pursuing MBA Finance abroad, must opt for GMAT instead. 

Syllabus For MBA Finance Course:

The MBA Finance Course is a two-year full-time course divided into four semesters. The syllabus is as follows.

Year 1 (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. 

Year 2 (Elective Courses)

Portfolio Management

Security Analysis and Investment 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


Additional Electives

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


MBA Finance Programs:

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. 

Full-Time MBA Programme is the most general form of studying. It requires students to attend classes and seminars regularly. Students gain admission in an institute that provides this course.

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. 

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 Course Scope:

MBA Finance boosts of 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. 

Job Fields And Areas Of MBA Finance Course:

Some of the areas where MBA Finance graduates usually find employment are in:

  • Asset Management
  • Corporate Banking and Finance
  • Derivative Structuring
  • Treasury 
  • Private Equity
  • Hedge Fund Management
  • Credit Risk Management 

Job Profiles For MBA Finance Course Graduate:

An MBA Finance equips students to become:

  • Financial Analyst (Average salary package of Rs. 5 lac)
  • Finance Manager (Average salary package of Rs. 10 lac)
  • Senior Business Analyst (Average salary package of Rs. 9 lac)
  • Relationship Manager (with an average salary package of Rs. 7 lac)

Some other established job roles include Chief Financial Officer (CFO), Accounting Manager, Corporate Controller, Management Consultant, etc. 

Top recruiters For MBA Finance graduates are:

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


Skills Taught In MBA Finance Course:

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, students who wish to become leaders and inspire others. 

MBA Finance Course Earning Returns:

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 $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.

Difference Between MBA in Finance and Masters in Finance: 

Some students who wish to pursue a career in Finance opt for an MBA Finance or a Masters in Finance. The main difference between these two lies in the scope. An MBA Finance covers a broader range of topics related to the business curriculum while a Masters generally covers areas specific to only finance. 

Another key difference between these two is that while an MBA Finance may require work experience as a criterion for admission, a Masters usually does not.

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