Know Scope, Syllabus, Eligibility, Institutes for Management Finance Course
Finance Management is branch of management which deals with all financial matters
of company or industries. It looks in the field of various funds availability, distribution
of funds to various department in the firm, allocation of new sources of funds,
new loans and relaxation of taxes, financial policy, new projects causing profit,
analysis of project its investment and finally deciding to go for it or not?. Procurement
of money from sales and customer parties. Investment planning and evaluation, Market
survey for fund availability on what interest and what term and policy to sold lot
of scrap and recover the optimum value on the scrap. Deciding when to buy? From
whom to buy? What to buy? What to produce in what quantity?
Courses Offered:
MBA in Finance.
Eligibility:
Candidate must have the Graduate degree in any disciplines from recognised
university. Admission is based on written examination followed by Group Discussion
and Personal Interview. Many Institutes prefer Common Admission Test (CAT),
Management Aptitude Test (MAT),
Xaviers Admission Test (XAT),
JMET Entrance Exam,
ATMA Entrance Exam are some of the management entrance test
conducted by the institutes.
Scope of MBA Finance
Course: Currently India has 79 scheduled commercial banks out of which
28 are public sector banks, 23 are private banks and 28 are foreign banks. Apart
from these there are 133 regional rural bank, 1853 urban co-operative banks & a
host of rural co-operative credit Institution. It also have 4 term lending institution,
18 states finance corporations, 3 refinance institution (NABARD, NHB, SIDBI) & 13014
non banking finance companies. All these companies and bank come under purview of
Reserve Bank of India.
Job Prospects:
MBA finance professionals get employment in investment banks, corporations, and
securities firms. Some of the top financial job responsibilities held by MBA finance
are:
- Financial Analysts and planner.
- Corporate Controllers.
- Chief Financial Officers (CFO).
- Risk and Insurance Managers.
- Investment Banking Associates.
- Investment Sales Associates and Traders.
- Credit Managers.
- Portfolio Manager.
- Financial Reporting Analyst.
- International Controller.
- Mutual Fund Analyst.
- Director of Investor Relations.
- Procurement Specialist.
After few years of experience you can be a Chief Financial Officer. Treasurers and
Finance Officers, Risk and Insurance Managers, Investment Banking Associates, Credit
Managers and Specialists, Investment Sales Associates and Traders etc.
Companies hiring MBA Finance Students:
Private Sector:
- Bharatiya Nabhikiya Vidyut Nigam Ltd.
- Eureka Forbes.
- Philips.
- LG.
- Onida.
- Samsung.
Government sector jobs:
Top Finance Management Institutes in India:
- Indian Institute of Management.
- Narsee Monjee Institute of Management Studies, Mumbai.
- Allana Institute of Management Sciences (AIMS), Pune.
- Asian School of Business Management.
- Central Institute of Management and Technology (CIMT).
- Bangalore Management Academy (BMA).
- IES Management College & Research Centre, Mumbai.
- Indian Institute of Banking and Finance (IIBF).
- K.J. Somaiya Institute of Management Studies and Research (SIMSR), Mumbai.
- S. P. More Foundation, Mumbai.
Syllabus of MBA Finance Course:
The subjects under Finance Management course are:
Accounts and finance for Managers, Managerial Economics, Multinational financial
Management, Security Analysis & Portfolio Management and International Trade etc.
Fees for MBA Finance:
The business schools in India are categorized into three. They are Class-A,
Class-B and Class-C. Class-A are the most reputed institutes in the country one
has to pay about Rs. 12 lakhs for pursuing MBA. The Class-B institutes are considered
as the second top for pursuing MBA in these institutions students have to spend
around Rs. 5 to 8 lakhs.
The Class-C institutions are the last choice favoured by the students for pursuing
MBA. These least choice institutes charges around Rs. 2 to 6 lakhs for the two year
programme.
