Master of Business Administration in Financial Management Top Colleges, Syllabus, Scope and Salary

Stream: Financial Management   
Duration: 2 Years

Course: M.B.A.

Course Type: Post Graduation

M.B.A. in Finance is a 2- year long postgraduate course divided across 4 semesters. Finance is the study of financial planning, economics, accounting, and other similar areas of operation in an organization or business. The first two semesters of the course are common between all students, and the last two focus on the candidates’ chosen subjects of finance-related specialization.

Master of Business Administration in Maharashtra

Master of Business Administration in Uttar Pradesh

Master of Business Administration in Tamil Nadu

Master of Business Administration in Karnataka

The average annual starting salary offered in India to successful postgraduates of the course ranges between INR 30,000 and 60,000, depending upon the candidate’s expertise in the field.

M.B.A. in Financial Management: Course Objectives

Listed here are some of the principle objectives of the course.

The course aims to prepare eligible candidates to efficiently:

• understand key business functions such as bookkeeping, promoting, back, data frameworks and operations management.
• pursue area specializations such as Marketing, Financial Management, and Human Resource Management.
• develop leadership and team-building skills.
• manage ethical issues and multicultural diversity.
• develop and execute techniques and strategic tools to recognize, comprehend and analyze the various dimensions of the business environment.
• pursue scholarly research for finding solutions for real-life business problems for the benefit of the academia, business organizations, community, and the nation at large.

M.B.A. in Financial Management: Course Highlights

Given here are the basic highlights of the course.

Top Institutes offering M.B.A. in Financial Management  

The average tuition fee charged in India for M.B.A. in Financial Management ranges between INR 10,000 (government institutes) and 20 lacs (private institutes).

Listed below are some of the top institutes in India that offer M.B.A. in Financial Management.

Eligibility for M.B.A. in Financial Management  

Listed here are the minimum criteria of eligibility needed to be fulfilled for admission to the course.

• Candidates aspiring to pursue the course need to have completed graduation in any stream.
• In most cases, qualification of a relevant entrance test GMAT, CAT, XAT, MAT, etc. The minimum eligible score may vary across institutes.

The common entrance test assesses candidates in sections such as English, problem-solving, data analysis and interpretations, numerical ability, logical reasoning and general awareness.

M.B.A. in Financial Management: Admission Process

For admission to the course, candidates are needed to qualify a relevant entrance exam such as GMAT (Graduate Management Admission Test) or CMAT (Combined Management Admission Test).

A few institutes offering the course also conduct their own entrance examinations for candidates’ assessment.

The course is also offered in the distance learning mode at Indian universities such as the Sikkim Manipal University and Indira Gandhi National Open University (OPENMAT Exam).

Also, some Indian universities offer admission to the course on the basis of the merit obtained by the candidates in the last qualifying exam, and do not usually hold entrance tests for online education.

M.B.A. in Financial Management: Academic Options

Upon successful completion of the course, candidates interested in further studies in the discipline may go for pursuing Ph.D., or post-doctoral studies in Financial Management, to pursue professions such as Professor, Teacher, Researcher etc.

M.B.A. in Financial Management: Career Prospects

Successful postgraduates of the course find lucrative career opportunities in both government and private organizations in areas such as account management, stock market, the Finance Ministry, financial consultancies, banks, and such.

Such postgraduates are hired in capacities such as Accounts Manager, Finance Manager, Business Analyst, Accounts Executive, Finance Officer, Research Analyst, Finance Analyst, Equity Research Analyst, Accounts Officer, Finance Executive, Assistant Manager, and the like.

Some of the popular professional avenues open to such postgraduates are listed below with the corresponding salaries offered for the respective positions.

M.B.A. in Financial Management: Syllabus and Course Structure

Listed here are the principle components that form part of the course’s curriculum.

• Business Writing
• Calculus for Business
• Corporate Finance
• Financial Institutions
• Introduction to Accounting
• Management Information Systems
• Advanced Marketing
• Money and Capital Markets
• Portfolio Analysis
• Principles of Macroeconomics
• Issues in Management and Organization
• Microeconomics
• Statistics for Business.

Candidate must have a Bachelors Degree in Commerce/ Management/ Arts/Science under 10+2+3 scheme; OR Bachelors Degree in Agriculture/ Engineering/ Law (professional) /Medicine/ Technology; OR having passed the final examination of the Institute of Chartered Accountants of India or Cost and Works Accountants of India or Company Secretaries of India; OR having obtained any other qualification which is recognized by the University as equivalent.

Admission based on CAT/MAT.