There are several courses related to the finance sector exclusively but choosing the Bachelors of Business Administration or BBA with Finance technology specialisation is the best option for ensuring success in the entry-level positions associated with large corporations like investment sectors, banking sectors and MNCs. Needless to say, if you are aspiring to be an entrepreneur, then finance would be the lifeline of your business and having a specialisation on it can help you in your upcoming days.
This blog covers the entire scope, eligibility, course highlights, fee structure, average salary and all other aspects of studying BBA Finance Technology.
Scope of BBA Finance Technology in India
The BBA in Finance technology has ample opportunity for students who are looking for job opportunities in finance and banking sectors. BBA graduates are readily hired in various International and national banks with high salary packages. After BBA, the candidates can also study MBA for better job prospects. BBA graduates have an opportunity of getting high-paid jobs including Financial Consultant, Financial Analyst, Business Analyst, Personal Financial Advisor, Investment Banking Analyst, Finance Manager and others.
What are Career Opportunities after a BBA Finance Technology Degree?
Having graduated with a BBA in Finance Technology degree, candidates can have bright career opportunities. Let’s check out some of the high profile and high paid jobs for BBA Finance technology graduates:
- Credit & Cash Manager- The job of credit and cash manager is to prepare reports about the type of risk in lending money to clients, analyzing the credit data and other financial information of the company
- Financial Expert- The financial manager invests their time in various ways of profitability that can be incurred to the organisation.
- Risk Manager- The risk manager’s main job responsibility is to advise the businesses on any kind of existing resource that might pose a risk to their profit. Their job role is to identify and evaluate the possible threats and set up the contingency plans.
- Finance Officer- The finance officer provides guidance for helping the business in increasing their shareholder value and improvising their capital efficiency.
- Insurance Manager- The insurance managers oversee different types especially like underwriters, brokers, claim investigators, risk managers, appraisers and actuaries.
- Finance Controller- The financial controller develops financial strategies which includes the opportunity forecasting and risk minimization plan. They need to do a high level of financial reporting and analysis.
- Treasurer- The treasurer overall maintains the stewardship for the financial debts and assets including the overall leadership of debt management, cash management and investment management. This designation is hired for both private and public sector enterprises.
- Loan Officer – Job of the loan officer is to examine, evaluate or recommend acceptance of credit loans, advice the borrower for the payments, approve loans within defined limits, and submit loan applications outside those limits to management for approval.
- Credit analyst – When it comes to lending money, the credit analyst is responsible for preparing reports on the level of risk involved, analysing credit data and financial information of the clients seeking for credit or loans to evaluate the level of risk.
- Internal auditor – An internal auditor’s job is to make sure the business is in compliance with all applicable laws and to assist it in risk management evaluation and improvement using a methodical manner.
- Financial Manager – There are many responsibilities of the financial manager, including preparing an activity report, compiling financial reports and doing market research.
- Recover Agent – The job of a recovery agent is extremely dangerous and difficult to perform. Recovery agents operate for credit card companies and other financial institutions to recover goods for which the buyer has not made payment.
- Business analyst – The role of a business analyst is to provide practical and cost-effective answers to problems that arise inside a company. A business analyst is the best person to transform consumer requirements into new products.
Top Recruiting Industries
Some of the top recruiting industries for candidates with BBA in finance include investment sectors, banking sectors, financial engineering, export companies, multinational companies and other government sectors. Let’s look at few of the industries in details:
- Education and research institutes- BBA graduates can go for further studies as PhD or research scholars, after which they can pursue their career as faculty in any top MBA school.
- Government agencies- BBA graduates in Finance can also apply for government agencies and sectors including Public Service Commission, NRHM, Railways, RBI banks, Life Insurance, Oil India Limited and so on.
- Firms- Various financial institutions and MNCs are now hiring the BBA graduates from top B-schools with huge pay-scale.
- Financial institutions- Banking and financial institutions like HDFC Life, KPOs, ICICI banks, and Insurance sector
Conclusion
Accounting and finance are two of the most common options for students who want to pursue a professional degree, such as a Bachelor of Business Administration (BBA). Students in the BBA in Finance and Accounting programme learn about managerial accounting, accounting standards, the workings of financial markets, and financial decision-making processes. Students who complete the BBA in Financial Technology will be well versed in all aspects of financial technology, including academic and commercial aspects as well as numerous technologies. MIT ADT University ensures that you have the skills and knowledge you need to succeed in a variety of sectors, including blockchain, digital banking, cryptocurrencies, digital business strategy, big data, LawTech, programming with Python, and the future of management.