Those who regard numbers and statistics to be concrete indicators of success / failures, for whom numbers speak more than words, an ideal career path can be chosen by obtaining a degree in masters in Finance from the top MBA colleges in India. These colleges offer master programs for fresh college pass-outs as well as those who are already working. These courses can be completed in 2 – 3 years. They can be studied online as full time regular programs, part time courses or a combination of these.
For those students who enjoy numbers and those working executives who wish to increase their knowledge about financial intricacies or wish to improve job opportunities, a wonderful option lies in MBA in Finance. Since the emphasis is more on practical rather than theoretical knowledge, it is ideally suited for those fresh graduates who wish to set up their own business. Subjects taught in this programs include information management, HR development, corporate finance, economics, accounting and such other topics. Internships and trainings are additional practical experiences that help students get a first-hand working knowledge of financial operations. The focus is primarily on Mathematics, Statistical Analysis, Technology and Ethics.
Finance graduates from the various MBA institutes in Delhi, have a number of job opportunities as finance officers, financial advisors and analysts, planners and as underwriters. Initially jobs may be at the entry level with competition increasing for a foot hold in the top brand companies. However, an masters in Finance degree from a top notch B School will indicate the serious intentions of the applicant and work as the magic key which will unlock the wealth of a prosperous career. When combined with experience this degree will be a great asset for advanced career prospects. On an average, a popular job will ensure an annual salary of $ 70000 – $ 125000 approximately, as recorded in 2008. All such masters in financial jobs come with time of, insurance and retirement benefits and even stock options in addition to the salary. Jobs in large urban areas come with a higher salary and perks.
Though the recession of 2000s might have rubbed off a certain amount of the glamour of masters in Finance, it is still a wise option in view of the unmatched significance of the financial sector that is the heart of all business activities. MBA courses in India that provide a degree in Finance, provide ample opportunities to those who are interested in mathematical studies and can quickly do mental calculations. They should have a genuine interest in financial matters, willingness to gain continuous knowledge of financial issues, awareness of media resources, be open minded about diverse options, work as a team, be prepared to handle all types of persons and free to travel anywhere according to the job requirements. An MBA degree in Finance is an excellent choice as it enables one to venture into not only the core financial sectors but even those which are non-financial like the energy and health care areas which have started recruiting masters in Finance degree holders.