What is MBA in Finance?
MBA in Finance is a two-year or four-semester postgraduate course in financial management. The Master of Business Management or MBA course in Finance is a highly demanded academic programme among graduate students. The course hones students in the domain of capital management in financial institutions and corporate firms. Ranging from the sourcing and investment of capital to its optimum utilisation, students get trained in every aspect of finance handling. The career and job avenues after completing the MBA course in Finance are many.
The MBA in Finance programme makes students proficient in managing capital and other assets as well as in the developing assets, managing funds, and managing risks involved in financial management and development. While this degree course is majorly available to pursue as a full-time option, there are some institutions, which also offer the options of doing MBA Finance on a part-time, online, virtual classroom, or distance learning basis. However, in the case of options other than full-time, the course duration may vary. Depending on the course, institution and mode of study, the programme fee may vary from less than INR 1 lakh to more than INR 20 lakhs.
Skills Required to Be Successful in MBA Finance
If you are interested in pursuing the MBA in Finance course, then it is required to possess a certain skill set that is essential to succeed in this programme. Following are some skills that can make you excel at the finance management study:
Effective oral and written communication
Good presentation ability
Good listening and relationship management skills
Risk taking and problem-solving approach
Leadership and teamwork abilities
Cooperative and helping nature
Availability of the MBA Finance Course
Various government and private educational institutions offer an MBA programme in the field of Finance Management. In fact, there are close to 4,000 institutions or B-schools across India, which provide this highly demanded course to graduates. Following are some of the most popular business schools from where students can pursue the MBA in Finance degree programme:
Indian Institute of Management (IIM), multiple locations
Indian Institute of Technology (IIT), multiple locations
Students should select the institution based on their preference for the mode of study, as well as their budget for pursuing the course. They can also go for education loans if they are not able to afford education in a top institution when they are brilliant enough to secure admission in it. Pursuing the MBA in Finance course from a renowned institution that excels in offering specialised finance programmes can provide great job opportunities to students.