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Why are students pursuing MBA in Finance

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Why are students pursuing MBA in Finance – What
is the reason behind it?
Master of Business Administration is one of the most sought after courses with
several specialisations or elective courses. The course is opted by several students
looking for better education, a better package, and, most importantly, a wellsettled career. Therefore, selecting the right specialisation is essential when
choosing an MBA course.
Master of Business Administration offers various specialisations, and one such
specialisation is MBA in finance. This specialisation enhances one’s skills or
knowledge in finance and management and systematically guides how to deal
with it while studying it using theoretical and practical methods. Besides this,
finance does not only mean money, but it is about funds, capital, and managing
all its components.
Master of Business Administration in Finance: Things you Need to
Know
 Suppose you plan to start a career in finance only for its fat pay packages,
remuneration, and lucrative career opportunities. However, you would fail
unless you have a true calling for finance and related subjects.
 Prepare for the entrance exams like MAT, GMAT, CAT religiously because
they are the only way to enter your favourite B-school. In addition,
students should start practising writing answers, reasoning and aptitudes
by keeping a schedule for themselves.
 If you have completed your B.Com degree or any graduation in economics
or related stream, gain experience and prepare yourself for the
management exams. This will give you an edge.
What are the pre-requisites for MBA in Finance?
Students should be good with numbers, balance sheets and have an interest in
financial analysis and financial crisis management.
A minimum score in the entrance test like MAT, CAT, and GMAT is also needed. In
addition, 4-5 years of work experience in the management and business field is an
added advantage.
MBA in Finance – Detailed Explanation
MBA in Finance , is two years and is a postgraduate degree offered by most
Indian institutes and business schools. Generally, the starting year of the study of
this degree is dedicated to simple management theory. In contrast, students can
study their specialisation and industry exposure from the second year.
What are the syllabuses taught?
MBA in Finance course syllabus mostly depends upon the individual college or
universities. The below list provided is just indicative, not exhaustive1. Cost accounting
2. Corporate Finance
3. Financial planning and control
4. Investment analysis and portfolio management
5. Banking and Insurance
6. Fixed Income Securities
7. Advanced Accounting
8. Marketing and strategy
9. Financial statement analysis
10. Micro and Macro Economics
Super-specialization in Finance
Some business schools or institutes which offer finance-related courses also offer
in-depth specialisations within the MBA in Finance course. Some of them are like
–
 Certified Public Accountant – Certified Public Accountants deal with wealth
management, investments, audit, taxes etc., and finance-based roles for
companies.
 Certified Financial Advisor – Certified Financial Advisor roles are helping
people to make wise investments, manage money, and build investment
portfolios.
 Certified Management Accountant – Forecasts the profit margins of
companies and helping to achieve financial growth and protecting the
company from financial risk.
 Financial economics – It deals with microeconomics and the relationship
between consumers and producers in a given economy.
MBA in Finance – Benefit of doing it
The most sought-after courses are bachelor’s, diplomas, and PG in finance and
marketing while studying finance. However, the most significant cause for the
contemporary job market is an MBA with Finance specialisation, a favourite
amongst learners and working persons for the past few years.
Final Thoughts
Thus, an MBA in Finance degree as a specialisation is necessary not only for
today’s job market but it significantly plays an essential role in shaping a person’s
career. The student’s interests lie in finance and love the world of capital, money,
funds, wealth, and assets.
So, be ready to venture into the world of finance with calculators, pens, ledger
books, and laptops as the weapon of wealth and finance management and get
ready to rule the world with excel sheets acting as the vigilant companion.
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