It is possible to pursue the Chartered Financial Analyst (CFA) certification in conjunction with an MBA degree from IIM Bodh Gaya, as well as other certifications such as Financial Risk Manager (FRM), Financial Modeling and Valuation Analyst (FMVA), Certified Business Continuity Analyst (CBCA), Certified Market Surveillance Analyst (CMSA), National Institute of Securities Markets (NISM), and National Stock Exchange's Certification in Financial Markets (NCFM).
Whether or not it is preferable to pursue the CFA certification alongside an MBA in Finance is a matter of personal preference. Like other IIMs, IIM Bodh Gaya has a rigorous curriculum and pedagogy. If you are able to make time outside of committee and club activities and studies and are willing to sacrifice some sleep, pursuing these certifications can greatly enhance your resume and increase your marketability in the job market. However, it is also a high-risk, high-reward decision. Even if you do not pursue these certifications, IIM Bodh Gaya will still provide you with attractive job offers if you put in the effort.
Yes, students can opt for finance stream electives in their second year of the PGDM program. Students in the first year of the PGDM program are exposed to a variety of MBA streams, and in the second year, they choose a major stream from marketing, finance, strategy, IT & analytics. They can then choose any other subjects from among the available courses or subjects to take in addition to the major.
Most of the career and guidance websites have put TAPMI in the Tier-3 category. Comparing an MBA program from TAPMI to a master's in finance from a foreign country would certainly require us to know more details about the context.
If I talk about the ROI, TAPMI offers MBA programs across multiple domains in the fee range of 16 lacs - 19 lacs and has an average salary package of 13 lacs.
The cost of study at the University of Otago is surprisingly at par with TAPMI but the cost of living would definitely put your pockets off. The University of Otago charges a fee according to the courses you have enrolled in. The more subjects you take the more you gotta pay.
If you want exposure you could always try for foreign immersion program at TAPMI and other than the immersion program the college also offers you various opportunities to assimilate into the foreign company’s culture.
SIBM Pune and XLRI are leading Indian management schools with finance programs. However, prospective students should evaluate several important differences between the two institutes while choosing a program.
SIBM Pune vs. XLRI for finance depends on an individual's goals, interests, and career aspirations. Potential students should extensively explore both institutes to find the right program.
Among these colleges, IIFT Kolkata or MDI will be better for Finance. According to MDI Gurgaon placements 2022 record, BFSI, and E-Commerce sectors had placement rates of 22% and 13%. During 2021 placement drive, 55 students from MDI were placed in the Finance sector. The highest CTC offered in this sector was INR 21-23 LPA.
You can also consider IIFT Kolkata. It offers similar opportunities as IIFT Delhi, in the Finance sector. During IIFT Kolkata Summer placements 2021, the top recruiting sector was BFSI.
IIM Udaipur and IIM Rohtak are renowned for their academics, faculty, and placements. Personal preferences, location, infrastructure, fees, placements, and faculty will determine which finance specialization to choose.
Placements: Top companies recruit at both institutes. Many top finance organizations visit IIM Udaipur's campus for placements, giving it an edge over IIM Rohtak.
Faculty: Both b-schools have competent faculty in their disciplines. However, IIM Udaipur has a more diverse faculty with international business, finance, and strategy experience.
Criteria |
IIM Udaipur |
IIM Rohtak |
Ranking |
Ranked 17th by NIRF (2021) |
Ranked 21st by NIRF (2021) |
Faculty |
Highly qualified and experienced faculty members with expertise in finance |
Experienced faculty members with strong academic backgrounds and industry experience |
Placements |
Average CTC of Rs. 17.16 LPA |
Average CTC of Rs. 15.8 LPA |
Top Recruiter |
JP Morgan, Goldman Sachs, and Bank of America |
HDFC Bank, Kotak Mahindra Bank, and ICICI Bank |
Campus Infrastructure |
State-of-the-art infrastructure with modern amenities and facilities |
Modern and well-equipped infrastructure with access to the latest technology and resources |
Alumni Network |
A strong and active alumni network with connections in the finance industry |
A growing and active alumni network with connections in the finance industry |
IIM Udaipur has better financial placements and teacher variety than IIM Rohtak, making it a superior choice for finance specialization.
IIM Ahmedabad's MBA and MS in Finance programs have different career pathways.
The MBA covers finance, marketing, operations, and strategy. The program trains students in leadership, decision-making, and problem-solving for a variety of organizational jobs.
However, the MS in Finance program teaches advanced financial theory, investment analysis, and financial management. The quantitative, technical program prepares students for finance occupations like investment banking, risk management, and financial planning and analysis.
Both programs can lead to great careers, but the student's interests, skills, and job market conditions at graduation will determine the path. MBA graduates can work in business, government, and nonprofits, whereas MS in Finance graduates can work in finance-specific roles in investment banking, hedge funds, private equity, or other financial institutions.
IIM Ahmedabad's MBA and MS in Finance programs are great, and the student's career goals, hobbies, and background should determine their choice of which one to pursue.
NMIMS Mumbai is comparably better for Finance specialization. It is a well-recognized name in the Finance sector. Due to the locational advantage, it’s easier to get good exposure and networking opportunities. All big banks and sought-after finance companies visit NMIMS Mumbai placement drive. Even consulting companies offer job roles in the BFSI domain to Finance students. Despite the huge batch size, you can expect good placement opportunities. During NMIMS Mumbai placements 2022, the highest salary package offered in the Finance domain was INR 32 LPA.
IILM Lodhi Road offers a great opportunities in MBA Finance. The faculty members have backgrounds in Academics and industry. A few of them are also CA and CFA professionals. The institute offers good learning opportunities with blended learning methods, and experimental stimulated industry learning.
As per the IILM Lodhi Road MBA Placements, Banking and E-Commerce sectors had placement rates of 26% and 21% respectively. Companies like E&Y, BAIN, Deloitte, TCS, etc. visit the campus. Private banks and asset management companies also take part in campus placements.
Without a doubt, XLRI Jamshedpur BM takes the overall lead in this comparison. Certainly, the opportunity cost is losing the IIM brand, but when one is an XLRI alumnus, they also stand tall. There are factors that place XL above IIM Indore, which one will realise once they pass out of it. It has a more than 70-year history and a large alumni base.
Furthermore, it has an excellent faculty and all students here are of merit without any reservations, which will provide you with a highly competitive environment and excellent peer learning.