MBA Opportunities in Finance!!!

MBA@MIT

Wondering Why to do MBA in Finance from MIT?

Here are some of the Job opportunities:

Any candidate planning to take a professional degree in MBA Finance must consider the following questions:

• What is the scope of MBA Finance?
• How much is the salary in MBA Finance?
• What after MBA@ MIT in Finance?

If you think that there is no scope of MBA Finance managers in this age of recession! Think again!

MBA in Finance is one of the most coveted specializations in Finance; ample numbers of students are looking to make their career in the finance field. The reason behind this magnetism of finance is the career options offered by this specialization. An MBA Finance degree is a two years program imparts knowledge in the subjects like Investment Management, Taxation and Tax Planning, Corporate Valuation, International Finance, Management Control System, Insurance Management, Financial Statement Reporting and Analysis and Management of Financial Services.

Career options after Finance from MBA@MIT:

Let us briefly look at the scope of MBA Finance in the context of industries;

v Financial Analyst:  Financial analysts help investors decide where to put their wealth. With specialized knowledge in accounting, finance, capital markets, and investment strategies, these professionals can help you reap good returns on your investments. For instance, an equity analyst working for a knowledge process outsourcing firm does primary research by talking to industry experts, and regulatory bodies to write reports for their clients.

v Financial risk manager: Risk Management involves assessing and quantifying business risks and then taking measures to control or prevent them. Usually, Risk Management is part of the compliance function, but it may also be part of specific business units such as securities trading desks or loan origination departments.

v  Credit Analyst: After MBA in finance one can open employment possibilities as a Credit analyst. A credit analyst evaluates clients’ financial information to figure out their creditworthiness. S/he analyses financial information from various sources (company balance sheets, news reports, etc) and assesses the risk of issuing credit to the client. These professionals are mostly employed in corporate lending arms of banks, investment banks, credit rating agencies, financial institutions, mutual fund houses, and private equity firms.

v  Investment Banker: An investment banker is an individual who works in a financial institution that is in the business primarily of raising capital for companies, governments and other entities, or who works in a large bank's division that is involved with these activities, often called an investment bank.

v  Accounting Manager: Accounting Management (Business) is the practical application of management techniques to control and report on the financial health of the organization. This involves the analysis, planning, implementation, and control of programs designed to provide financial data reporting for managerial decision making.

v  Chief Financial Officer:

The chief financial officer (CFO) or chief financial and operating officer (CFOO) is a corporate officer primarily responsible for managing the financial risks of the corporation. This officer is also responsible for financial planning and record-keeping, as well as financial reporting to higher management. However this will require certain years of experience in the field.

A key fact: Most CFOs have been known to start their careers in some form of financial planning role – so if you plan to work your way up there, this functional skill is definitely an option!

v  Management consultant: Management consulting is the practice of helping organizations to improve their performance, operating primarily through the analysis of existing organizational problems and the development of plans for improvement. Salaries initially tend to be on par with industry standard – but once you have gain expertise and experience, higher payouts are in for sure!

v  Wealth Manager: Wealth management is a high-level professional service that combines financial/investment advice, accounting/tax services, retirement planning and legal/estate planning for one fee.