MBA in Finance Trends and Career Opportunities in India

Posted by Dr.Samiya Mubeen On 03/07/2023 05:50:35

Finance is at the core of every sector of the commercial world. Today when the market is volatile and economies the world over are fragile, it is the finance department that reins the business. All industries and corporate houses need finance managers who deal quickly and prudently with financial challenges. That is the reason why students are opting more for MBA in finance management. Financial management is a process that deals with a balance of planning and control of fiscal resources. It involves taking into account available funds/assets and planning expenditures so that you get maximum returns on any investment. Fiscal control means keeping an eye on the cash flow. A financial manager is basically responsible for managing the incoming funds as well as their expenditure. An MBA in finance opens doors to a lot of career opportunities and an enticing salary that one can dream of. An MBA in Finance degree is high in demand as it equips the candidates with the necessary skills to efficiently manage the finances of multinationals and big business houses.

  • Gaining extensive financial knowledge and sharpening their business acumen.
  • You ready yourself for a career in finance which is usually a high-paying career option. This is one domain that offers excellent job opportunities to interested candidates.
  • You learn the art to help organizations protect their assets.
  • You gain knowledge about managerial decision-making from the perspective of profitability, risks, and other financial aspects.
  • Helps you understand the entire gamut of money management that is so critical for effective financial management.

Career Opportunities for MBA Finance

  • Investment Banker

In this, the corporate financial manager finds the feasibility of acquisitions & mergers, making investments, securing privatization, and trading in financial products.

  • Accounting Manager – The main role of an accounting manager is to oversee the company’s accounting department, including the flow of money and general accounts.
  • Financial Analyst – The extended scope of an MBA in Finance offers one of the most lucrative career opportunities in the form of finance analysis. A financial analyst is responsible for improving the company’s financial status. They keep track of profits and losses and help the business progress.
  • Credit Manager – A credit manager is responsible for creating all the credit score models, setting loan terms, and determining interest rates.
  • Insurance and Risk Managers – The primary role of a financial risk manager is to locate and analyze the potential risk that can be an obstacle to the company’s progression.
  • Corporate Controllers – This is a very crucial position in a company. They are responsible for all the accounting and financial operations of the business.
  • Treasurers – in this role, you are responsible for risk management, investments, and corporate liquidity.
  • Finance Officers

Chief Financial Officer (CFO) – This position comes at the top of a company’s hierarchy. They manage the finances of the company along with financial reporting.

  • Cash Managers – This role is very similar to that of a Financial officer. A cash manager has to monitor the flow of capital. In the company to maintain the profits and understand the investment needs.
  • Financial Consultant – A financial consultant offers personal advice to investors so that they can make a profit. This role requires a lot of planning and strategies.
  • Asset Manager – in this role, you venture to determine the viability of assets acquisition.
  • Credit Risk Manager – A credit risk manager is one who analyses the credit risks for financial institutions like banks. Their job is to cover the losses and maintain the capital.
  • Retail Banker – Retail Bank provides help with financial services for a client. They explain to them the new products and services and respond to complaints.
  • Commercial Banker – A commercial banker or an institutional banker is responsible for catering to the client’s financial needs.
  • Investment Portfolio Manager – Investment portfolio managers are the financial decision-makers of the company. Not only do they create, but they also implement different strategies to meet their client’s goals.
  • Credit Managers – these managers are responsible for reducing the credit risks of their organizations.
  • Underwriters – Underwriters generally work for a financial organisation where their job is to assess and evaluate their client’s financial status and provide advisory services.
  • Researchers & Professors
  • Corporate Bankers – advising personal and corporate customers on their financial requirements and indulging in financial planning.
  • Equity Analyst – In this area, a person is responsible for doing a thorough research and analyzing the company’s position in the stock market. They use financial modeling to generate annual projections.
  • Financial Advisor – This is one of the most popular job profiles for an MBA in finance scope. In this, the person will handle all the funds of the organization or the client they are working with. Apart from this, they also advise on the company’s risk management, investments, and financial aspects. A financial advisor must be aware and up to date with the market trends to provide the right decisions for their clients.
  • Manager of Hedge Fund –  A hedge fund investment is an alternate investment option for a company that uses different strategies to provide active returns to its clients and investors. This role is popular for investment and finance companies, further extending the MBA in finance scope for aspirants.

See Also:


TESTIMONIALS




IIBS Bangalore Welcome you to experience the superior professionalism and CSS - Cultural Connection as you pass through IIBS and let the change begin within you through IIBS.



Top