MBA in Finance: Syllabus, Scope, Eligibility & More

MBA degree has emerged as an indispensable asset for aspiring professionals in today’s rapidly evolving business landscape. A 2023 Statista report states that at 60%, the employability of MBA graduates in India is at an all-time high. Aspiring professionals looking to thrive in the realms of business and finance can opt for an MBA in finance to accelerate their growth in this industry.

Before pursuing an MBA degree, knowing the scope, MBA finance management syllabus, and eligibility criteria is essential. Find out more about the scope of an MBA in Finance and how you can get one in the article below.

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MBA in Finance: An Overview

Before we dive in, let us understand - what is an MBA in Finance?

A Master of Business Administration (MBA) in Finance is a two-year management degree. It is a specialized degree that elaborates on concepts related to financial management.

The average MBA in Finance fees is Rs. 17 lakhs. It ranges from as low as Rs. 2 lakhs to as high as Rs. 27 lakhs, depending upon the opted college.

Highlights of the MBA In Finance Course

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MBA in Finance Scope

Some of the roles which an MBA in Accounting and Finance graduate can pursue include:

• ### Investment Banker

Investment bankers are financial experts who provide advisory services to corporations, governments, and other entities. They assist clients in raising capital by issuing shares of stock or offering bonds. Additionally, investment bankers facilitate financial transactions, including acquisitions, mergers, and company sales.

Job Responsibilities Of Investment Banker

• Perform strategic research and due diligence investigations.
• Raise capital through debt issuance and equity sales.
• Manage initial public offerings (IPOs) and private equity placements.
• Identify and engage potential investors.
• Facilitate mergers and acquisitions.
• Assist in corporate restructuring.
• Analyze risk and provide financial advisory services.
• Prepare comprehensive reports, financial models, and forecasts.

The average Salary Of an Investment Banker is 9 LPA to 13 LPA

• ### Business Analyst

Business analysts leverage data to generate insights and recommend changes for businesses and other organizations. They can pinpoint issues in various areas, including IT processes, organizational structures, and staff development.

Business analytics has become crucial as companies strive to enhance efficiency and cut costs. Let's delve deeper into the role of business analysts and the qualifications needed to pursue a career in business analytics.

Job Responsibilities Of Business Analyst

• Define configuration specifications and business analysis requirements.
• Conduct quality assurance activities.
• Establish reporting and alerting requirements.
• Develop and manage relationships with partners, collaborating to optimize and enhance integrations.
• Assist in designing, documenting, and maintaining system processes.
• Identify common sources of technical issues or questions, providing recommendations to the product team.
• Communicate key insights and findings to the product team.
• Continuously seek opportunities to improve monitoring, identify issues, and deliver better value to customers.

The average Salary Of an Investment Banker is 6 LPA to 10 LPA

• ### Stock Broker

A stockbroker, also referred to as a registered representative (RR) or an investment advisor, is a financial professional responsible for executing market orders on behalf of clients. Typically employed by brokerage firms, stockbrokers manage transactions for both individual and institutional customers. Their compensation structures often include commissions, although specific payment methods can vary between employers.

Job Responsibilities Of Stock Broker

• Provide clients with regular updates on the status of their investment portfolios.
• Inform clients about new investment opportunities in the stock market.
• Source new clients through networking and cold calling.
• Adjust investment strategies in response to market conditions.

The average Salary Of a Stockbroker  is 5 LPA to 12 LPA

• ### CFO

The Chief Financial Officer (CFO) is a senior executive tasked with overseeing a company's financial activities. Their responsibilities encompass managing cash flow, financial planning, and analyzing the organization's financial health to recommend necessary improvements. Similar to a treasurer or controller, the CFO oversees finance and accounting functions, ensuring the accuracy and timeliness of financial reporting.

Job Responsibilities Of CFO

• Lead the company’s financial planning efforts.
• Analyze the organization’s liabilities and investments to manage risk.
• Develop investment strategies, considering cash and liquidity risks.
• Oversee and assess the organization’s fundraising plans and capital structure.
• Ensure sufficient cash flow for the organization’s operations.
• Supervise all finance personnel, including controllers and treasurers.
• Manage relationships with vendors.
• Prepare accurate current and forecasting reports.
• Implement and oversee the company’s financial IT system.
• Ensure compliance with legal requirements and company policies.
• Manage a team of financial controllers and analysts.

The average Salary Of a CFO is 22LPA-38 LPA

• ### Policy Officer

A Policy Officer delivers timely, accurate, and compelling advice supported by thorough analysis, contextual understanding, and engagement with stakeholders. The role involves conducting policy initiatives across various contexts and environments within the Department.

Job Responsibilities Of Policy Officer

• Conduct in-depth research on social, economic, or environmental issues relevant to their assigned policy area. This may involve analyzing data, reviewing existing policies, and staying up-to-date on current trends.
• Draft clear, concise, and legally sound policy documents.
• Ensure policies align with existing legal frameworks and overarching government objectives.
• Communicate policy proposals to decision-makers, including senior management or elected officials.
• Effectively advocate for the proposed policies, highlighting their potential benefits.
• Play a role in implementing new policies, which might involve developing procedures, training staff, or collaborating with other departments.
• Stay up-to-date on relevant legislation and policy changes.
• Manage policy budgets and resources effectively.
• May contribute to public education initiatives related to government policies

The average Salary Of a Policy Officer is 06LPA-10 LPA

• ### Bank Manager

Bank managers oversee a designated branch of a bank, leading its staff and overseeing daily operations. They are responsible for hiring new employees, assessing employee performance, and engaging with clients and the local community to enhance the customer base.

Job Responsibilities Of Bank Manager

• Oversee all operational aspects, including distribution, customer service, human resources, administration, and sales.
• Evaluate local market conditions and identify current and potential sales opportunities.
• Develop forecasts, financial objectives, and business plans.
• Achieve goals and metrics.
• Manage the budget and allocate funds effectively.
• Maximize branch personnel performance through training, coaching, development, and motivation.
• Identify areas for improvement and propose corrective actions to address challenges and leverage growth opportunities.
• Share knowledge with other branches and headquarters on best practices, competitive intelligence, business opportunities, and needs.
• Address customer and employee satisfaction issues promptly.

The average Salary Of a Bank Manager is 07LPA-14 LPA

Also Read:- Merits and Demerits of Online MBA Education

• ### Accounting Manager

Accounting managers oversee the operations of a company's accounting department, directing tasks to individual accountants as needed. They manage tax filing, budgeting, financial management, financial reporting, and other duties within the department.

Job Responsibilities Of Accounting Manager

1. Daily Operations Management:

• Oversee and manage the accounting department's daily functions, including:
• Month-end and year-end processes
• Accounts payable and receivable
• Cash receipts
• General ledger
• Payroll and utilities
• Treasury operations
• Budgeting
• Cash forecasting
• Revenue and expenditure variance analysis
• Capital assets reconciliations
• Trust account statement reconciliations
• Check runs
• Fixed asset activity
• Debt activity

2. Financial Reporting

• Monitor and analyze accounting data to produce accurate financial reports and statements.
• Ensure timely and accurate preparation of financial documents.

3. Policy and Compliance:

• Establish and enforce proper accounting methods, policies, and principles.
• Coordinate and complete annual audits to ensure compliance with regulatory standards.

4. Process Improvement:

• Provide recommendations for financial improvements.
• Enhance systems and procedures, initiating corrective actions as needed.

5. Team Leadership:

• Assign projects and direct staff to ensure accuracy and compliance.
• Support and mentor team members to meet financial accounting objectives.

6. Record Keeping:

• Establish and maintain comprehensive fiscal files and records to document all transactions.

The average Salary Of an Accounting Manager is 06LPA-13 LPA

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• ### Risk Analyst

A risk analyst or risk assessor is skilled in forecasting the potential outcomes of actions based on available data. They analyze correlations and patterns from historical events and new data to recommend optimal courses of action.

Job Responsibilities Of Risk Analyst

• Analyze financial data, market trends, and industry regulations to pinpoint potential risks.
• Research to understand the likelihood and potential impact of various risks.
• Develop and implement strategies to minimize the impact of identified risks. This might involve risk avoidance, reduction, transfer, or acceptance.
• Communicate identified risks and mitigation strategies to stakeholders, including senior management, operational teams, and regulatory bodies.
• Prepare comprehensive reports outlining risk assessments, proposed solutions, and ongoing monitoring plans.
• Stay up-to-date on industry best practices and emerging risk trends.
• Conduct regular risk audits and reviews to ensure the effectiveness of implemented controls.
• May be involved in incident response and disaster recovery planning.
• Participate in cross-functional teams to address risk management across the organization.

The average Salary Of a Risk Analyst is 07LPA-15 LPA

MBA in Finance: Syllabus and Subjects

The Main topic in the syllabus of an MBA degree in Finance includes

• Economics
• Stock market analysis
• Financial planning
• Risk management
• Corporate finance
• Accounting

List Of MBA in Finance Syllabus

The MBA in Finance syllabus is structured into four semesters of MBA Subjects, focusing on developing skills essential for understanding business operations and Finance. Prospective students should familiarize themselves with the diverse subjects and comprehensive curriculum of the MBA course before enrolling.

The MBA subjects encompass a broad range of topics, including Business Organisation, Business Communication, Fundamentals of Accounting, Business Mathematics, Management Concepts and Practices, Organisational Behaviour, Managerial Economics, Management Accounting, Business Environment, Business Statistics, Marketing Management, and more are Example MBA in Finance Course Subjects.

Below is the detailed list of MBA finance subjects 1st year:

1st Year MBA in Finance Subjects

2nd Year MBA Subjects

Where to Get an MBA in Finance

According to the NIRF India Rankings, if you are looking for a regular college for an MBA in Finance then the ten best colleges for an MBA in Finance in India are:

1. IIM Ahmedabad
2. IIM Bangalore
3. IIM Calcutta
4. IIT Delhi
5. IIM Kozhikode
6. IIM Lucknow
7. IIM Indore
8. Xavier’s Labour Research Institute, Jamshedpur
9. National Institute of Industrial Engineering, Mumbai
10. IIT Madras

Distance learning and online degrees are good options for working professionals and candidates who want to get their degrees from the comfort of their homes With UGC Approved and India's only Online MBA Program. Some universities, like Amity University Online, also offer MBA degrees online.

MBA in Finance: Eligibility Criteria

To pursue an MBA in Finance, a candidate must:

1. Hold a Bachelor’s degree in any subject from any recognized college/university, with marks or CGPA equivalent to at least 50%. Top business schools may require up to 80% overall score.
2. Qualify for CAT, GMAT, NMAT, or other national entrance exams.
3. Have 1-2 years of job experience in finance, accounting, or banking sectors, depending on the institute.

Also Read:- Benefits of Online MBA degree

Conclusion

Getting an MBA in Finance from renowned business schools in India is a gateway to unparalleled opportunities. It allows finance graduates to pursue lucrative careers at top companies worldwide.

Are you looking to pursue an MBA course online? Look no further than Amity University Online. Choose from a host of MBA degrees that will help you kickstart a fruitful career in business and finance.

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