Phillippatus defines financial management as "Concerned with the managerial decisions that result in the acquisition and financing of short- and long-term credits for the organizations".
What is an MBA in Finance? The basic concepts of the MBA Finance syllabus include handling money or wealth on a larger scale. The important subjects are mathematics, economics, financial theory and management. The course has a high job scope, and the job responsibilities are concerned with managing accounts and companies' finances to achieve the company's financial objectives.
Graduates can work in different sectors like investment banking, consulting, merchant banking, private banking and much more. Tools and Techniques used in MBA Finance are Finance Mechanics, Finance Accounting, Marketing 4Ps, Operational Research, ERP, and Business Plans.
Highliights
Course type | Postgraduate |
Course Duration | 2 Years |
Course Examination Type | Semester |
Course Eligibility | Graduation in any discipline |
Course Admission process | Entrance Exam followed by Group Interview and Personal Interview |
Course Fee | INR 1,10,000 to 7,00,000 |
Course Average Salary | INR 3,00,000 to 9,00,000 per annum |
Top Recruiting companies | J.P. Morgan Chase & Co. (JPMCC), Amazon, ICICI Bank, ITC, Reliance Industries Ltd, Aditya Birla, Oracle and Google |
Job Position | Finance Manager, Credit Manager, Financial Advisor, Asset Manager, Director of Finance and Administration, Financial Planner, Cost Controller and Corporate Financial Analyst etc. |
MBA Financial Management Distance Education
Admission Process
MBA Financial Management Distance Education Colleges
Name of the Institute | Duration of the course | Average Fees |
---|---|---|
Indira Gandhi National Open University (IGNOU) | 2 to 5 years | INR 32,000 |
Symbiosis Centre for Distance Learning (SCDL) | 2 years | INR 50,000 |
Narsee Monjee Institute of Management Studies (NMIMS) | 1.5 years | INR 2,50,000 |
All India Management Association (AIMA) | 2 years | INR 63,000 |
MBA Financial Management Syllabus
Semester One | Semester Two |
---|---|
Management Theory and Practice | Marketing Management |
Organizational Behaviour | Financial Management |
Accountancy for Managers | Human Resource Management |
Managerial Economics | Operations Management |
Statistics for Managers | Research Methods for Business |
Semester Three | Semester Four |
Operations Research | Entrepreneurship |
Strategic Management | Security Analysis and Portfolio Management |
Financial Markets, Treasury & Risk Management | Financial Analysis and Reporting |
International Financial Management | Management Information Systems |
Strategic Cost Management | Final Project Report |
MBA Financial Management: Top Colleges
College Name | Average fees |
---|---|
IIM Ahmedabad | INR 20 Lakhs |
IIM Kozhikode | INR 18 Lakhs |
PIBM Pune | INR 7.5 Lakhs |
BIM Trichy | INR 7.90 Lakhs |
Christ University | INR 3.80 Lakhs |
DSM ISM Dhanbad, Jharkhand | INR 3.40 Lakhs |
KIIT School of Management,Bhubaneswar | INR 6.80 Lakhs |
Aligarh Muslim University | INR 2.52 Lakhs |
Bharati Vidyapeeth University, Institute of Management and Entrepreneurship Development, Pune | INR 2.25 Lakhs |
UPES Dehradun | INR 6.67Lakhs |
Dayalbagh Educational Institute, Agra | INR 1.10 Lakhs |
JC Bose University of Science and Technology, Faridabad | INR 1.02 Lakhs |
MBA Financial Management: Colleges Abroad
College Name | Average Fees |
---|---|
Stanford University | INR 55 Lakhs |
Harvard University | INR 54 Lakhs |
The Wharton School | INR 1,23,79,221 |
INSEAD | INR 76,05,000 |
MIT Sloan | INR 1,17,38,760 |
London Business School | INR 82,90,540 |
HEC Paris | INR 49,19,000 |
The University of Chicago Booth School of Business | INR 91,26,000 |
Haas School of Business | INR 87,45,750 |
Kellogg School of Management | 57,03,750 |
MBA Financial Management Jobs
Job Profile | Job Description | Average Salary |
---|---|---|
Credit Risk Analyst | Assesses the credit risk of its customers using financial and credit information with the aim of identifying and eliminating the greatest risk factor. | INR 6,25,000 |
Financial Analyst | A Financial Analyst monitors market trends and the factors that influence them to help the company make wise investments. | INR 4,08,000 |
Management Consultant | A management consultant provides guidance and perspectives into the process of managing and growing a firm. | INR 11,44,000 |
Chief Financial Officer (CFO) | A company's CFO is the most significant role. He or she is in charge of the company's or organization's money and financial reporting. | INR 20,00,000 |
Finance Manager | A Finance Manager is responsible for reviewing financial reports, monitoring accounts, and preparing activity reports and financial forecasts | INR 9,98,000 |
MBA Financial Management: Top Recruiters
JP Morgan Chase | BCG |
Deloitte | KPMG |
Morgan Stanley | Microsoft |
TCS | Wipro |
Amazon | Apple |
MBA Financial Management: Future Scope
Admission For The MBA Finance Course Requires The Aspirant To Complete Their Undergraduate Degree With A Minimum Average Of 50% aggregate Marks From A Recognized University Or College In Any Relevant Discipline. There Are No Age Limits For Pursuing This Course As It Is Open To Students Who Meet The Required Criteria. Along With Essential Criteria, Students Must Have Cleared The Standard entrance Examination with Good Scores. Work Experience Is Preferred, And It Is Not Mandatory For The MBA Finance Course.
Before Applying For The MBA Finance Course, Aspirants Must Do Their Due Diligence So They Sing It Easy To Navigate The Course. The Following Are Some Tips For Preparation For The MBA Finance Programme:
Get To Know The Latest Exam Pattern: Students Should Be Aware Of The Latest Exam Patterns Which Change Dynamically. Try To Solve The Previous Year's Question Papers By Surfing Them Through The Internet. Students Must Be Active While Preparing For The Finance Course Because It Requires A Powerful Mind And Numeric Calculations.
Knowledge Of Current Affairs: Students Need To Be Aware Of The Current Affairs Topics, And They Will Have To Work On Their Verbal, Written, Vocabulary, And Analytical Skills And Have To Be Practical With Their Mindset.
Mock Tests: Once The Student Is Clear About The Syllabus, One Can Start Taking Mock Tests. Taking Around 15 To 20 Tests Allows Them To Be Updated And Perform Well In Entrance Exams.
Why Study MBA Financial Management?
(i). MBA Financial Management is beneficial for students who want to make their mark in the finance field and are looking for a career boost.
(ii). The Financial Management Program will provide you with concepts and techniques in finance, computer science, and mathematics as part of your M.B.A.
(iii). Both in India and internationally, there are several prospects in this vital profession. Financial experts can also work for international corporations.
(iv). Candidates will learn to use advanced technical tools to solve financial challenges, as well as complex analytic and quantitative methodologies, enabling them to solve difficult problems in high-tech finance.
(iv). Among all other MBA courses, MBA Financial Management Course offers the best job opportunities with great salaries
Admission Procedure For MBA Finance Course Is Done On A Merit-basis And Management-based. Aspirants Must Satisfy The Minimum eligibility Criteria For Admissions Into The MBA Finance Programme, Using A Combination Of Bachelor’s Degree And Entrance Exam Scores. The Course Falls Under The Umbrella Of An MBA and Thus, The Admission Process Does Not Change For The Students. Listed Below Is The General Admission Process For MBA Finance Followed By Popular Universities Across The Country:
Apply For The Course
The Aspirants Can Either Apply For The MBA Finance Course Online Or Offline. Based On Their Merit Or The Score Obtained In The Entrance Exams, The Applicants Are Shortlisted. Before Entry To The MBA Finance Program, The Universities Administer Counselling, Personal Interviews, And Community Discussion Rounds.
Selection Criteria
For Selection Into The MBA Finance Programme, The Marks Scored In Related Management Entrance Exams By Students Are Taken Into Account. After An Interview, Deserving Aspirants Are Allocated Seats. The MBA Finance Admission Process Depends On The Chosen Institution. Some May Enter Jointly, And Some May Offer Admission Based On The Marks Earned During The Graduation Period.
Direct Admission
The Admission Requirements For The MBA Finance Programme Differ Depending On The Institution. Some Schools Only Accept First-come, First-served Applicants. The Majority Of MBA In Finance Programmes Admit Students Based On Their Performance In Various Entrance Exams.
For Admissions Into The MBA Finance Programme, Students Need To Appear For Some Of The Entrance Examinations Held All Across The Country. The Higher Cut Off Scores Can Fetch You The Best Colleges In The Nation. Listed Below Are The Most Common Popular Entrance Exams For MBA Finance:
The Eligibility Criteria Of The Above-mentioned MBA Finance Entrance Exams Are Entirely Dependent On The Conduction Body; Hence It Varies. But Here Are A Few Similarities Are Picked Up From The Popular Entrance Exams To Give Students A Heads Up: