In recent years, an increasing number of working people and students in India are showing interest to take up MBA program in finance have given the worldwide demand for finance executives. Though, most student face confusion when it comes to choose the right finance course that can boost their career and also increase their chances of getting lucrative job offers from Indian and abroad recruiters. MBA finance in India and MS finance are both highly popular degrees among students and they are entirely different fields of study. This article can help a student to make the right choice for higher studies.
Pros of MBA Finance in India:
With a degree in MBA-finance, you can expect to secure better paying jobs in the competitive market. Renowned recruiters prefer to hire MBA-finance degree holders and rankers for their best profiles and challenging key positions. Hence, successful completion of this professional course can certainly prove to be a turnaround for people in the lookout for lucrative career opportunities in top designated multinationals, banks, corporate institutions, financial companies, trading firms, investment banks, and monetary institutions and so on.
Talking of career prospects, there are countless opportunities at executive levels if you have a degree in finance for MBA Finance in India students are Commercial Banking, Corporate Finance.
Student can enter the Commercial Banking industry as Credit Analyst, Loan Officer. In Corporate Finance generally a student is expected to handling the funds of a company, planning mergers, acquisitions as well as planning future investments. Apart from these there are openings as financial planner, credit manager, investor relations officer, insurance advisor, risk management, money management, real estate planner and investment banking.
There are countless opportunities supporting student if he gets an MBA in finance and have bright future.
Pros of MS Finance:
Masters in Finance course is sure to open up endless career opportunities. Students will also have the choice of taking their preferred specialization subject when taking up MS in finance. Students with a specialization in computational finance, financial engineering or other such subjects as is offered as part of specialization areas with MS finance degree are certain to have an edge over other degree holders in the competitive international job market.
MS finance will help student have a solid foundation about the ideals, principles and practices as required in handling tough finance tasks.
The successful completion of degree can enable students to opt for jobs in diverse fields, including asset management firms, banks, financial software and consulting firms, insurance companies, manufacturing companies and pension firms.
Comparison between MBA and MS Finance
MBA Finance is a post graduation course where finance is only a specialization subject. Hence it touches only the basics of finance topics. While MS Finance is a more finance-oriented course and helps a person to acquire knowledge on diverse finance related topics. Career-wise, MBA finance degree holders can look out for jobs in areas apart from finance, whereas MS finance are less likely to find better job opportunities beyond the finance sector.
India features several renowned B-schools and institutes where student can successfully obtain MBA in finance or MS. Quality of education imparted in these institutes have also improved significantly. With MBA finance or MS finance degree, students can expect to get good career options in future.