MBA Finance Technology: Salary, Scope, Fees, Benefits, Career, Jobs, Syllabus, Eligibility & More

What is MBA Finance Management All About?

The finance industry is a busy industry and is always in growth mode. Since the influx of technological advancements and more globalised financial markets, there’s a growing need for professionals with the knowledge and skills to manage finance, negate risks, and create wealth. For this, you need an MBA in finance management. In the degree, students learn all about the finance industry, how to analyse it, predict economic trends, conduct risk assessments, and work with the latest financial tools and technologies. The MBA in finance management is your best option to get a career in the financial industry.

MBA Finance Management: Course Highlights

Course Level  Postgraduate
Course Duration  2 years
Course Eligibility  Graduate
Admission ProcessEntrance exams
Major Entrance ExamsXAT, CAT, CMAT, NMAT, GMAT, MAT, SNAP, and NMIMS
Course Fee  INR 50K to INR 20 lakhs
Course Average Salary  INR 10 lakhs
Top RecruitersSEBI, Goldman Sachs, Citi Bank, Tata Capital, Kotak Mahindra, American Express

MBA in Finance Technology: Eligibility Criteria

If you want to study MBA in finance, you will need to first clear the eligibility criteria, which is:

  • Need to be a graduate with 50% or more as your final percentage.
  • Your degree needs to be from a govt. recognised college and university.
  • Final year students may apply granted they earn a percentage of 50% or more.
  • Special category and reservation students need a percentage of 45% or more.

MBA in Finance: Admission Process

If you are eligible for the MBA in finance, the next step would be to know about the admission process.

  • Enrol in for the entrance exam required by the college you are targeting finance.
  • The most common entrance exams are XAT, CAT, CMAT, NMAT, GMAT, MAT, PERA, SNAP, NMIMS and other state recognized score.
  • Some private college may conduct their own entrance exam.
  • After achieving the required percentile, you’ll be called for a Group Discussion (GD) and Personal Interview (PI) round.
  • Admission is granted after you clear these rounds.

MBA in Finance: Syllabus & Subjects

Though syllabus and subjects may differ based on the college and course, but the following are some of the most common subjects you will learn in an MBA in finance management.

Semester I

  • Fundamentals of Accounting
  • Managerial Economics
  • Direct and Indirect Taxes
  • Computer Applications in Business
  • Management Information System
  • Statistical Techniques for Managerial Decisions
  • Macroeconomics & Business Environment

Semester II

  • Business Laws
  • Fundamentals of Marketing Management
  • Operations Research
  • International Business
  • Financial Management
  • Managerial Accounting
  • Research Methodology
  • Project Work

Semester III

  • Business Strategy
  • International Financial Management
  • Security Analysis & Portfolio Management
  • Business Ethics and Corporate Governance
  • Money Market & Capital Market

Semester IV

  • Mergers and Acquisitions
  • International Accounting
  • Risk Management: Tools & Applications
  • Indian Financial Institutions & Markets
  • Dissertation

Why MBA in Finance – Top 5 Reasons

There are many good management courses, so why should you choose an MBA in finance management? The following reasons will help you understand the importance of finance:

Numbers Game – Finance is one of the most important aspects of any business. There is a need for sound financial management as it is the main driving force behind many industries. Therefore, an MBA in finance management places you in an important field of business.

Changing Technology – changing technology trends and block chain technology.

Analytics Tools – Analytical tools and software have become game-changers. They give you the power of data to make financial decisions. One way you can learn about them, their application, and how they can change finance is by studying MBA in finance.

Demand in All Sectors – As mentioned earlier, finance is a part of almost every industry. So, equipped with an MBA in finance management, you can pursue a career in any field of your liking. You get to experience the luxury of choice which is not available in many fields.

Exciting Professions – Contrary to belief, there are many exciting professions in finance. Right from analysing and running the numbers to making financial decisions, you can pursue any career that you feel passionate about.

Handsome Compensations – It’s only logical that professions in the industry that deal with money get paid well. Finance-related jobs are some of the most high-paying jobs in the country. They also come with great incentives and benefits.

Required Skills for MBA in Finance Technology Management

To do well in your MBA in finance management education and career, you will need the following skills:

  • Financial Skills
  • Mathematical Skills
  • Research & Analytical Skills
  • Reporting & Presentation Skills
  • Business Acumen
  • Critical Thinking Skills
  • Decision-making Skills

Career & Jobs Opportunities after MBA in Finance Technology Management

An education in MBA in finance management opens many doors for you. Some of the top careers you can pursue are:

  • Finance Manager
  • Corporate Finance
  • Investment Banker
  • Financial Analyst
  • Risk Manager
  • Financial Manager
  • Hedge Fund Manager
  • Financial Planner
  • Portfolio Manager

Scope of MBA in Finance Technology Management

The MBA in finance management degree is on the top of the wish list of most students wanting to pursue an MBA. This is because of the education and future scope it brings. Some national and international companies look exclusively for MBA in finance management graduates and hire them for the top position. With this degree, you will also have many opportunities to learn and grow.

MBA in Finance Salary in India

Salary figures are a great motivating factor to pursue any education and career. According to Pay Scale India, here’s what an MBA in finance management can earn in India.

  • Average Salary range – INR 3.62 lakhs to 20 lakhs
  • Average salary figure – INR 10 lakhs

*The above figure is for the position of finance manager on a mid-level. This figure is to be used only as a reference point. Many factors can affect the actual prevailing figures*   

Top 10 Recruiters for MBA in Finance Management Graduates in India

Following top 10 recruiters hire the highest number MBA in finance management graduates in India:

  • SEBI
  • Goldman Sachs
  • Barclays
  • HSBC
  • JP Morgan
  • Citi Bank
  • Tata Capital
  • Kotak Mahindra
  • American Express
  • Wells Fargo

MBA in Finance: Interview Questions and Answers for Freshers

To help freshers face their initial interviews, here are some common questions candidates should prepare for. The answers given are mere hints and should be used to formulate your own answers.

  • What would you say about yourself?

Talk about yourself, your skills, and attributes that can be linked back to the position you are interviewing for. But also, don’t be too serious in the interview.

  • What distinguishes you?

For this question, you have to state the things that make you different and how you will stand out from other candidates. You can also talk about your qualifications.

  • Why are you interested in working here?

Research on the company you are interviewing at and mention their positive attributes and the opportunity you can get to learn and grow here.

  •  What inspires you?

You have to use real examples the interviewer will know and you can connect the inspirational attributes to yourself and the kind of job you are looking to do.

  • In five years, where do you see yourself?

To keep this simple, just talk about what to want to learn in your field and what you hope to achieve.

MBA in Finance: Related FAQS

Q1 – What can I do after MBA in Finance?

There are many professions you can pursue in any industry you want. You can also take up a few additional courses and certifications that will make you eligible for the best jobs.

Q2 – Is it a good career after MBA in Finance?

Yes, post your MBA in finance management degree, you’ll have many career options where you can grow and earn an excellent living.

Q3 – Is an MBA in Finance worth it?

Some of the highest-paid professionals belong to the finance field. With strong education, skills, and experience, you can have a challenging and fulfilling career.

Q4 – Is there any entrance exam for MBA Finance? 

Yes, CAT, GMAT, XAT, NMAT, MAT, CMAT, etc. are a few entrance exams for MBA In finance management.

In Conclusion

There are so many careers and companies related to the MBA in finance management, it is easily one of the top postgraduate courses you can pursue. However, it is important that you do this course at the best college and university to get complete value for the time and money you invest in it. MIT ADT University located in Pune is known for providing the best MBA courses.

MIT College of Management (MITCOM) provides a comprehensive course complete with industry exposure, seminars, and workshops with industry experts, and more. Visit our website and fill out the form and know more! Our executives will get in touch with you. Hurry as admissions are getting full.

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