Choosing something good is a difficult task and when it is the choosing of a career it becomes more difficult than anything. But we can take a good decision if we try to analyze the basic features of a career. Let’s discuss some important features to find a better career option between MBA and finance career.
Since past few years it has been seen that MBA is one of the top career options for countless students in India and abroad. It has become the first choice for them because any graduate from any educational background whether arts, science or commerce can do MBA degree. Building a MBA career is considered as the hottest career among all business professionals across the world.
On the other hand finance career offers different work options both in public and private sectors. A student having a degree in finance can become a financial auditor, financial advisor, financial analyst, financial manager and officer or an investment planner. They can start their career with banks, insurance, government agencies, financial institutions, investment service companies etc. They basically initiate mandatory qualities like critical thinking, financial reasoning, money management, accuracy, clerical skills. Today the implementation of modern technology has made possible them to highlight more on utilizing their analytical skills and less on numbers.
At the same time a student in finance career can do various specialist courses like chartered accountant, chartered certified accountant, chartered financial accountant, chartered management accountant, and chartered public finance accountant to give a boost to his career. Finance jobs are extremely well-paid and promising and the doors and windows of many financial institutions for finance jobs are opened across the world. But it is very difficult to complete the course like chartered accountant, cost accounting in a single attempt as their course is too vast. Now-a-days, a degree in finance is not worth without some extra financial qualifications. But a student having MBA degree has already finished his degree with specialization. So the chances of getting a well-paid job in MBA career are more than in finance career.
Unlike a finance degree, MBA or Master in Business Administration is a two-year program that mainly deals with all general managerial roles. But presently, MBA degrees are offering a more specialized program of study. The most popular disciplines are finance, human resources, marketing, risk management, IT, supply chain management and entrepreneurship. MBA career is called to be a better career option due to increasing earning potential and career advancement. When we apply for certain jobs, we simply feel the importance of a MBA degree for us.
Although a student is a financial specialist he goes for a MBA degree because some companies might ask whether he is a MBA holder or not. The MBA career helps us to gain a series of managerial skills and prepares us for the positions of leadership. Our educational horizons spread out with high merit by the syllabus, guidance and research involved in an MBA program. This is the quality what many companies usually look for when they hire an MBA graduate over another aspirant.
A student having MBA degree, equipped with communication skills, leadership qualities, personality development and domain expertise usually heads a company. So MBA career speaks the development of confidence and self-esteem is a better career option available in the today’s career options.