In today’s day and age, one of the most upcoming courses happens to be an MBA course. People who are skilled in MBA are widely sought after, not just in India but all over the world thus making this a worthy degree to get your hands on.
What is the course is all about?
Since finance means having skills that deal with money matters, this course offers all that and more. By going in for an MBA in finance, students have the ability to garner knowledge that is centred round the money market. This would include learning about mathematics, advanced economics as well as financial theories that can be applicable in the markets.
This course also teaches students statistics, marketing and hones their leadership skills and marketing strategies. Being a 2 year course, by the end of it, students are well-versed in topics like stock market analysis, investment banking, trading and volatility of the market, global economy, risk management, bankruptcy, finance foundations and more. In fact, every aspect related to the financial market is covered under this course
Course is ideal for which kind of students:
The eligibility of this course varies from one college to another.
Best Colleges in India , however most of the Top MBA colleges in Bangalore have an entrance exam and take the student’s grade point average as a means of determining their admission. In addition to this, if the student possesses academic transcripts, work experience or does well in the personal interview held, he is likely to get selected.
The minimum however, that a student needs to have is a Bachelor’s degree. The field or discipline does not matter as long as the student passed with a minimum of 50% marks. The most common entrance exam that students have to undertake is the Graduate Management Admission Test (GMAT). However, a large number of the MBA colleges also accept the Graduate Record Examination (GRE) as a determinant for admission.
Career opportunity after course
The scope for this degree is quite wide as students can choose whether to work in the banking or non-banking sector. All avenues in the corporate world are open to students of MBA in finance as every company requires a financial expert to assist in the company’s finances. Whether they wish to dabble with the stock market, a financial organisation or get a private sector job, the opportunities are plenty.
Some of the numerous positions that are available to these students include Private Equity, Treasury, Corporate Banking and Finance, Credit Analysis, Portfolio Management, Asset Management, Derivatives Restructuring among others.
Salary scale in India for fresher and experienced
The finance sector, given its importance, happens to be one of the most highly paid sectors in the industry. The salary of course, would depend on one’s experience, the company hiring and its geographical location amongst other factors. The salary you are likely to get is around INR 500,000 and it can go all the way up to 12, 00,000 if you possess some top notch skills.
Even for a beginner, the salary does not usually go below 1 lac per year. So if you are able to prove that you have what it takes, you will have a bright future drawn out for you.
Top 10 Companies hiring after the course
A large number of companies are looking to hire financial specialists like those who have completed their MBA in finance. Some of the Top companies include:
• Deutsche Bank
• Tata Consultancy Services
• JP Morgan
• Ernst & Young
• Infosys Limited
• Goldman Sachs
Irrespective of which of the Top MBA colleges in Bangalore you choose to get your degree from, you can be certain that you have a host of opportunities that will be waiting for you as soon as you pass out.
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