MBA is a two-year PG programme that offers scope for management education in a range of subjects. The most popular among them are HR, Marketing and Finance. Initially students associated Finance with the banking sector. However, with the growth of industrialization, Finance became an important stream.
“Finance as a subject involves the management, control and review of the collection, investment and resources of money as a capital required for an industrial building, plant and working”.
This activity is called as the Financial Management which is controlled by the Finance Manager. Finance Manager became a prestigious post in a business organization and many aspirants sought the high paid position after completing MBA in finance.
Improper management of Finance in an organization can create financial crisis. Hence financial managers are being appointed in almost all companies.
Finance as a subject for specialization is a wise choice for all these reasons.
If you are thinking of doing MBA in finance, you can follow some guidelines which will complement the course and add advantages to your studies.
For seeking admission to MBA course you have to complete graduation in any stream. However, commerce is the ideal stream for MBA Finance. Economics is part of the curriculum throughout for commerce students. A deep study of Economics adds value to MBA Finance and also makes it easy for students. Economics, Accounts and Costing are also part of MBA syllabus.
MBA Finance is a wonderful combination of practical and theoretical subjects. If you are not good at one type, you can score marks in the other type.
MBA Finance requires hard work and dedication. Choose the option only if you are prepared to devote yourself to study. The course is not very difficult but rather demanding.
Besides subjects like Accounts and Economics, MBA Finance curriculum includes certain common skills related to general management in any field. Students acquire skills like analytical thinking, managerial decisions, communication skills, maintaining balance between risk and profitability and so on. The course also includes corporate finance, international finance, budgeting, investment, securities and working capital management.
You can do the MBA in finance after the completion of UG degree in Engineering, medical, science, art and humanities.
To get the admission in MBA with any specialization, it is necessary to appear and score in GMAT Exam or CMAT Exam (Graduate Management Admission Test/ Combined Management Admission Test).
Some of the affiliated universities conduct their own admission examination.
You can do the MBA in finance through the distance learning education programme. If you want to do a regular course chose a college wisely.
S.B. Patil MBA College is a renowned MBA College in Pune. The admission process is simple. The college is affiliated to SavitribaiPhule Pune University. The college is located in a huge and beautiful campus and provides all facilities necessary for MBA course. Students get the advantage of industry interface and practical projects.