MBA in Finance or MBA in Marketing-What’S Your Pick?

Posted by Hariom Balhara
6
Jun 20, 2013
598 Views
MBA is a perfect choice of many graduates aspiring for a corporate career. It has emerged as the most preferred career option in India. Its craze among the students has been growing by leaps and bounds. The reason is that it not only provides better job opportunities, but also enhances the personality of the student. MBA stands for Masters of Business Administration and it has been further cauterized into different fields like hospitality management, hotel management, finance and accounts, human resource management, sales and marketing, information technology, international business and many others.

Among all these fields most of the students prefer to go for finance and marketing, for a specialization in finance offers great opportunities for getting a high paying job in banks and financial institutions and marketing offers some roles that are challenging and diverse. Students have their different opinions and point of view towards them. Some of them believe that marketing field helps to climb corporate ladder fast, while other justify this by saying that finance has a stable market.

There are millions of students who choose to go for MBA after completing their graduation. All the fields have their own importance and it also depends upon the interest of students that with whom they want to go for. If you are also a graduate and are chaos in choosing the one between both of these then this article will be worth for you.

MBA in finance offered by many B-schools in Ahmedabad, is best suited to those having a commerce or finance background like B.Com, M.Com, BMS (Bachelors of management science) and those having a sharp mind in mathematics. On the other hand, MBA in marketing requires you to have strong convincing power. It is preferred mostly by the people who are outspoken and like to communicate with the people. Grooming and dressing sense means a lot in this field. If we compare both of them on the basis of certain criterions then below mentioned information will be obtained, have a look:

Focus of Study

MBA in finance focuses mainly on economics, investments, securities, market analysis, costing, GDP, and taxation etc. On the other marketing focuses on branding, finance, people management, advertising, promotion etc.

Work Profile

Work profile in finance domain includes compiling financial information, raising funds for different projects and assessing their feasibility, cost management, preparation of budget and analyzing legal as well as financial aspects of new investment.

Marketing jobs include branding, promotional campaigning, setting marketing goals, planning, analyzing, and assessing product feasibility, and designing marketing strategies, dealing with clients, assuring their timely project delivery. Colleges offering MBA in Gujarat focus on all these factors.

Career Prospects

For the finance profile, the most imperative role is to plan strategies for raising the capital from different sources for accurate funding of all the projects undertaken. This job also includes assessing risks and benefits involved in the projects, and many more.

In marketing, one has to design innovative strategies that bring out new ways of promoting and selling the product and services of a business.

Value education is pioneer in offering all kinds of courses for MBA in Ahmedabad with best placements.


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