An MBA Finance course is designed to provide an insight about the various aspects of finance that graduates of this program will need to know to establish themselves as better entrepreneurs in the future. In this program, the students are provided with sound knowledge in the fields of financial institutions, business enterprises operating under the arena of Information Technology, marketing of financial, and banking law and practice. MBA Banking and Finance spans over a period of three years.
Eligibility for Admission
Those candidates who have a two years of Bachelor degree (preferably in business related subjects) are eligible to apply for this program.
Candidates having BBA (Honors) degree with at least 130 credit hours and minimum of 2.5 CGPA or BBS (2 years) degree with at least 60 credit hours and minimum of 2.5 CGPA are also eligible to apply for the MBA Banking & Finance 1½ years.
A candidate who is interested to pursue an MBA (Banking and Finance)for a rigorous period of 3½is required to complete a course work of at least 84 credit hours and a research project of 6 credit hours or two further elective courses. However, a candidate who wants topursue an MBA for 1½Years is required to complete a course work of at least 24 credit hours and a research project of 6 credit hours or two further elective courses.
MBA in Finance provides education in marketing, strategy, statistics, economics and leadership. Some schools also load their curriculum with courses related to business such as accounting, management method, and a few electives in financial subjects.
Topics commonly taught in MBA Finance
Topics that are commonly taught through a finance MBA program include:
- Stock market analysis
- Foundations in finance
- Global economy
- Financial instruments
- Futures and options
- Market trading and volatility
- Risk management
- Corporate finance
- Investment banking
Benefits of an MBA in Finance
A person having an MBA in Finance gets benefited in various ways:
Those students who have an in-depth knowledge about the field of finance and banking can gain experience from some of the biggest companies by enrolling themselves into their internship programs. For instance, Intel, Microsoft, AT&T, Johnson and Johnson, and Amazon provides such opportunities to the aspiring entrepreneurs.
Higher Chances of Employment
MBA in Finance graduates have very strong chances to get recruited in well-reputed firms. According to the statistics given by U.S. Bureau of Labor Statistics (BLS), financial managers can expect moderate to faster-than-average growth of 12% from 2014-2024, and also some serious competition for available positions.
Strongest Career Paths
MBA in Finance graduates have some of the strongest career paths which help them grow and develop their skills in the best way possible way they can. Some of these career paths include:
- Senior financial analyst
- Financial controller or director
- Manager of a finance department
- Chief financial officer
- Commercial or investment banker
- Real estate or insurance finance manager
According to a report given by PayScale.com in February 2016, MBA holders in finance have higher salaries and they are earning a large sum of money. Finance analysts are securing a median annual income of $81,250 while a chief financial officer is securing a median annual income of $121,942.
The benefits of earning an MBA in Finance are countless, and this is the reason why people go and pursue an MBA in Finance.
Katy Ciara, She belongs to United States. She loves Write My Essay at Getessaydone.com. She tends to engage with different religious and social groups to increase understanding about different cultures.