Master of Business Administration is a 2 year degree program that includes various specializations such as HR, OM, Marketing, Finance, etc. However, Finance is regarded as the most sought after stream in MBA. In the recent years, a big pool of students is attracted towards this specialization. Once you have completed the course successfully, several career opportunities knock your door. There is a misconception that earning mba in finance opens up the way to a job in the banking industry alone. But this is completely wrong and you can establish a fruitful career in various fields as well.
Skills Required:
Specialization in finance requires you to possess skills in economics, financial theory and mathematics and all of these will be covered in detail while pursuing MBA in finance. The mathematical consistency and the management skill direct you to establish a good career in the finance industry. Apart from what you are learning the classroom, you should also enroll with finance intern ship program to expand your career opportunities.
Skills taught during the course:
As you will be dealing mostly with the numbers, mathematics is the crucial part of any finance degree. So, mba in finance focuses on the investment strategy, investment, mergers and acquisitions, financial theory, corporate risk and insurance, local and global economics. While the courses covered vary from one business school to another, a typical finance MBA courses include
- Accounting
- Corporate Finance,
- Financial Planning
- Private Equity
- Corporate Banking,
- Macro Economics
- Fixed Income Securities
- Valuation and Volatility
- Coverage of Global Financial Institutions
How Does The Course Prepare The Students?
An mba in finance prepare the candidates for management and senior level jobs in the financial industry. These courses focus more on the management, marketing, communication, organizational behaviour and business leadership. Moreover, this course is geared towards leadership positions in the fiscal industry. Of course, it is also best suited for those candidates who want to move into technical roles and operational functions as well.
Requirements:
If you want to pursue an MBA course in finance, then you should have a strong background in the mathematics subject. Mathematica knowledge is highly essential on the top of managerial and communication skills and so, the candidates with strong mathematics skills will alone be chosen.
Topics Covered Under MBA In Finance:
Most of the schools offering mba in finance provide the required vocabulary skills and management skills to the students to let them communicate within the finance sector and monitor the financial condition of the company. After completing this basic training, the courses move on to some advanced topics such as financial policies, financial analyst
, micro and macroeconomics, business transactions, M&A and takeovers. These broad topics are covered under the mba finance courses besides delving deeper into the concepts that lie behind these subjects. Classes covering other areas will also be organized for students enrolling with mba course in finance stream. Those areas include
- International Finance Markets
- Portfolio Management
- Credit Risk Management,
- Hedge Fund Management
- Corporate Investment Management
- Securities
- Small and large business finance
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