Finance is the backbone of any business. Those who major in Finance, have numerous opportunities awaiting them in almost every industry. MBA in Finance is among the most popular courses. The article sheds light on the course objectives, employment opportunities and the professional profiles of the students with an MBA degree in finance.
The global economy has become increasingly dependent on the efficiency of financial markets. With the stock exchanges in the center of the process of capital formation, Financial markets or banking instrument are critical in the process of wealth creation in Indian economy particularly, and its importance is increasingly recognized. The key products offered by this industry are:
- Raising capital for the business and government
- Transparency in the pricing process
- Efficiency in negotiating financial products, are key to the good performance of the economies
Seeing the increased competition in the market, a number of business schools offer courses in finance
, which not only equip the students with the extensive skill sets. Here is some information about the course.
The overall objective of the MBA in Finance is to train professionals interested in the investment process in the use of models, techniques and tools to facilitate and improve the performance of investors in the securities markets and management processes financing in the company.
In particular, it is assumed that the finance specialists should:
- Know the theoretical and conceptual tools that sustain and support the decision making of investments in financial assets.
- Get an overview of the functioning of financial markets, especially the securities industry, financial products and innovations.
- Know the tools that manage profitability and ensure risk analysis, necessary in making investment decisions.
- Use models, techniques and financial tools for structuring, issuance, investment and portfolio management and investments.
- Meet the operation and general regulations governing the process of participation of the public in the Indian stock market. Also, know the products and brokerage services.
- Characterize the practical application of financial management in state enterprises.
- Determine the relationship between the public economy, public finances and analytical comparison of the different sources of resources as well as their corresponding application on multiple lines of public spending.
A finance specialist is an expert in the area of investment and financial market, and is responsible to meet the operational and strategic tasks in the capital markets. A finance specialist:
- Analyzes the profitability and risk of individual financial assets (bonds, equities and derivatives) and operations in the domestic and international financial markets
- Structures and manages investment portfolios.
- Structures and processes financial innovations such as IPOs, and takeovers, among others
- Identifies, measures, evaluates and manages financial risks faced by investors and companies.
- Evaluates the various sources of financing of the company
- Develops and analyzes information from the national and international financial markets.
The finance specialist has a broad range of options to choose from, depending upon the different levels of complexity:
- Educational Institutions
- Investment banking firms
- Financial institutions such as banks, financial corporations, trusts, investment funds, to name a few
- Different entities like stock exchange, securities depositories, clearinghouses and providers prices
- The financial, investment and treasury of public and private companies
- As an investor
The market is on the path of recovery and this ensures a range of jobs available in the field of finance. Job opportunities are available in many areas including banks, corporate world, marketing, non-banking financial companies (NBFC), insurance companies, financial advisory, consultancy, to name a few.