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Finance is one of the most popular specialisations under a Master of Business Administration course. If you’re planning to pursue higher studies in this field but can’t go to a B-school, you can opt for an online MBA in finance. Here’s all you need to know about this specialisation.
Why an MBA In Finance?
An online MBA in finance will give you the foundation you need to succeed in a corporate setting. You will gain financial and business skills needed to work in enterprises like investment firms or hedge fund companies. You will also be given the opportunity to learn both the theoretical and practical aspects of finance. When you graduate, you will be able to command a better position and salary.
The Syllabus
An online MBA in finance will teach you the basics of statistics, economics, strategy, leadership, and marketing. Some courses will also deal with topics like management methods and accounting. You will most likely also cover topics, such as stock market analysis, corporate finance, bankruptcy, risk management, global economy, and the foundations of finance.
Career Prospects
Companies want experienced and talented professionals who have a sound knowledge of financial principles, which is where your MBA degree will help you. You can get a number of excellent jobs after you graduate, including:
- Finance manager
- Investment banker
- Senior financial analyst
- Chief financial officer
- VP of corporate finance
- Investment sales associate
- Credit manager
What Can You Earn
You could earn about Rs. 2 lakh per annum as a fresher and go up to Rs. 14 lakh when you gain some experience. This, of course, will differ from company to company, but you can expect a good pay package once you complete an online MBA in finance.
If you feel you don’t have the means or you don’t want to take a break from your career, a distance MBA in finance will help you out. If you put in the effort needed to complete this course, you will find yourself on greener pastures.