Which are the top colleges for MBA in Finance?
Best MBA in Finance Colleges in India:
What are the salaries of MBA Finance Graduates?
An MBA in Finance from the top 10 Business Schools may get a starting package of Rs. 8-15 lac a year. Researchers and Financial analysts may earn about Rs. 6-8 lac a year in the beginning, credit analysts Rs. 5-6 lac at the start to Rs. 25-30 lakh in middle-level positions.
Now we talk about the money, majorly the scale rests on the business school from where you are graduated. The better the reputation of the b-school, the higher is the pay package, also the finance people generally get the better pay package than the marketing ones. Top 10 MBA colleges in India like IIMs, ISBs, Narsee Monjee, Taxila Business School, SP Jain etc. provide finance students with placements at an average of Rs 8 to 15 lac per annum.
MBA Finance Course Structure:
MBA Finance indeed is not an easy course, just think of it as training for one of the most responsible roles in the corporate world. An MBA finance will be handling the finances of the business and it is the finances that run an organization and you will be in charge of that. There are numerous of prospects for MBA finance and the reason for this fascination is the several subjects taught to the students during the course of two years. This comprises accounting, Equity Research, corporate valuation, Investment banking, Taxation, Financial statements, Tax planning, Analysis and reporting of financial services.
Career Opportunities after MBA in Finance
An MBA in Finance has plenty of openings waiting all over the places, all he/she needs to do is take it. There are exciting jobs in financial consultancies, financial institutions and banks and also in general with all the companies. One can get into fields like merchant banking, investment and consumer banking, corporate finance, international finance, and institutional finance etc. When your networking and experience is built up you get a chance to serve on government committees and enhance your inputs to policy-making matters. You can also offer consultation services to government and corporate.
Jobs after MBA in Finance:
- Equity Manager
- Chief Financial Officers
- Accounting Manager
- Finance Managers
- Cash Managers
- Manager Consultants
- Investment Bankers
- Credit Managers
- Financial Analyst
- Finance Officers
- Insurance & Risk Managers
- Financial Advisors
Here’s the list of top popular MBA in Finance colleges in India.
This list excludes the IIMs and FMS. Often considered to be one of the oldest MBA specialisations, Finance is the backbone of the economy. Today, the study of finance ranges from corporate and government studies to the banking and insurance sector. It calls for accounting, quantitative and analytical skills with an understanding of economy and finance principles.
SP Jain, Mumbai
SP Jain’s main advantage is that they do continuous upgrading to the market needs and claim to have the top Industry integration quotient! Since its presence in the financial capital of the country, SP Jain classrooms become virtual companies as the business is within reach.
Narsee Monjee, Mumbai
They ae again strategically located in Mumbai. Being in Mumbai, it has a dynamic corporate interface. NMIMS is one of the few institutes that offer specialization in Banking. All the sides of finance such as corporate finance, insurance, risk management and mergers etc. are taught. Fees
Taxila Business School, Jaipur:
PGDM at Taxila Business School offers a unique amalgamation of management concepts in financial markets and techniques followed for market analysis and practices as well as policymaking. The school is located strategically in Jaipur known for big financiers. The overall objective of the school is to prepare and enhance the knowledge of the students in the domestic and global financial services which enable them to understand the market complexity. The school offers good placement opportunities with 500 fortune companies.
Lal Bahadur Shastri Institute of Management, Delhi:
At Lal Bahadur, the finance program is an important feature. This includes investment management, treasury management, risk management, strategic accounting and control. The institute offers dual specialization in finance.
Xavier Institute of Social Service (XISS) Ranchi:
The principal objective of the course is to convey knowledge and skills are just as important, to convey certain values. The institute recommends making the students aware of the professional flexibility and voluntary compliance to ethics, law and social responsibilities.
K J Somaiya Institute, Mumbai:
At KJ Somaiya they follow the method of combination studies to prepare a finance executive. Apart from theories, the focus is on training, developing skills, and understanding financial markets. The candidates are assigned activities to be solved within a budget. This permits them to gain practical knowledge of theories they read in the books.
National Institute of Bank Management, Pune:
National Institute of Bank Management was established in 1969 by the RBI in discussions with the Government of India as an autonomous school for the Indian banking system. This institute offers PGDM in Banking & Financial Services. The program is intended at providing to the financial markets, on a consistent basis, a pool of brilliant young executives who are systematically trained in Foundations, Analytical Skills and outlooks in Banking and Finance.