Financial Management

Finance

Effective financial management is crucial for businesses in India, and the demand for professionals in this field remains significant. Financial management involves the strategic planning and control of a company’s financial resources. While a bachelor’s degree in finance opens doors to roles in commercial banking, investment banking, financial planning, and more, pursuing an MBA in Finance propels individuals up the corporate ladder, garnering increased visibility in their careers. These advanced courses provide a comprehensive understanding of financial management, coupled with technological proficiency, interpersonal skills, professional insight, and managerial expertise, making them instrumental for career advancement in the financial domain.

MBA in Finance: Course Highlights

Following are some highlights of a general MBA in Finance course in India-

Program Duration	2 years (4 or 6 semesters)
Number of Management Institutes in India	3900 approx.
Associated Key Skills	Capital Management, Asset Development, Fund Management, Risk Management among others.
Eligibility	A Bachelor’s Degree in any Discipline. Different Institute might have some additional eligibility criteria.
Admission Process	Entrance Test + Group Discussion / Personal Interview
Top Entrance Exams	CAT, XAT, NMAT, CMAT, SNAP, MAT etc. Management Entrance Exams in India
Program Fee	Varies from INR 4 to 20 Lacs
Average Starting Salary after the Program	INR 5 Lacs
Top Recruiting Companies	Ernst & Young, Genpact, ICICI, HDFC, HSBC

MBA in Finance: Eligibility Criteria

Eligibility for admission requires a graduation and a bachelor’s degree in any discipline obtained through the 10+2+3 system or an equivalent qualification. The minimum aggregate required is 50%, or an equivalent CGPA, from any university incorporated by an act of the central or state legislature in India. SC/ST candidates benefit from a 5% relaxation in the aggregate criteria.

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MBA in Finance: Admission Process

There are about 3700 B schools in India including public and private institutes. Among them there are 19 IIMs which are the premier institutes of Business studies in country. The application process in these institutes differs from institute to institute. Mostly B schools offer admission on the basis of some entrance test. There are also some institutes which provide direct admission to the students.

MBA in Finance: Salary Trends

While salary should not be a priority while selecting a course, it is indeed one of the most searched queries when it comes to any of the vocational or non-vocational courses in India. When it comes to MBA degree, though job prospects are high, placement or probability to secure a good position highly depends on the institution of study.