The financial sector is one of the fastest-growing sectors in the world. In fact, as per the  US Bureau of Labor Statistics, employment in this business and finance sector is set to grow by 7% between 2021 to 2031. Therefore, an MBA in Finance is a good choice for higher education. So, you may have questions such as what exactly is MBA in Finance, what does the course include, what eligibility criteria should be kept in mind, and so on. So, let’s find the answers to these questions together!

Key Highlights:

• Why should you pursue MBA in Finance?
• MBA Finance course
• MBA in Finance course details
• Top universities for MBA in Banking and Finance
• Formats for MBA Finance qualification
• MBA in finance eligibility to study abroad
• MBA Finance prerequisite to study in India

Why should you pursue MBA in Finance?

• It involves interesting aspects of managing the moolah right at an individual level to managing complex finance-related projects of leading businesses.
• The ultimate goal of every aspirant is to develop a lucrative career. Since a huge demand for finance-related jobs exists, you can unlock unparalleled work opportunities.
• You can learn ways to earn and multiply your own funds using your expertise in Finance.

MBA Finance course
MBA in Finance is a 1-2 years long PG course covering multiple elements related to Business, Finance and Economics. Although the coursework is rigorous, the level of difficulty will largely depend on the chosen subjects or areas of specialisation(if any). The coursework will include subjects such as Foundation of Finance, Marketing Finance, Global Finance and more. You will learn to manage investments of large organisations by creating financial strategies. If share market and private equity are your areas of interest, MBA in Finance is for you.

Small business and corporate Finance	Securities analysis	Portfolio management
Securities analysis	International Finance	Financial Management
Compliance	Securities analysis	Hedge fund management
Risk Management	Investor Analysis	Treasury Management

Top universities for MBA in Banking and Finance

• The US:
• The Wharton School
• Stanford Graduate School of Business
• Chicago Booth School of Business
• Cornell SC Johnson School of Business
• Columbia Business School
• The UK
• University of Cambridge
• Imperial College Business School
• University of Bedfordshire
• University of Greenwich
• Cardiff Metropolitan University
• Canada
• Rotman School of Management
• Laval University
• University of Alberta
• Smith School of Business
• Australia
• University of South Australia
• University of Newcastle
• Western Sydney University
• Bond University
• India
• SP Jain Institute of Management and Research
• Narsee Monjee Institute of Management Studies
• KJ Somaiya Institute of Management Studies and Research
• Lal Bahadur Shastri Institute of Management

Formats for MBA Finance qualification

• Full-time MBA: This course can last 1-2 years, depending on the university you choose. This course can be pursued after you finish your graduation. Work professionals who want to take a break to sharpen their management skills too can opt for this course.
• Part-time MBA: The duration of the course will be between 1-3 years. Working professionals who don’t want to take a gap in their professional careers can opt for this course.
• Executive MBA in Finance: Professionals working in mid-level or senior-level management who aspire to hone their existing skills to climb up the corporate ladder opt for executive programs. The duration of the study program can be around 1-1.5 years.

MBA in finance eligibility to study abroad

• Completing your bachelor’s degree is a must. So, be ready with your academic transcripts when you apply for MBA.
• You need to appear for either of the following entrance exams:
• Graduate Management Admission Test (GMAT), which is exclusively for business management courses
• Graduate Record Examinations (GRE) is for both management and other graduate-level exams
• Prepare for any of the following entrance exams:
• Test of English as a Foreign Language (TOEFL)
• International English Language Testing System (IELTS)
• Pearson Test of English (PTE)
• Duolingo English Test (DET)
• Be ready with a Statement of Purpose (SOP), Letter of Recommendation (LOR) and CV

MBA Finance prerequisite to study in India

• It is imperative to first complete your bachelor’s degree before pursuing your MBA.
• Take any of the following entrance exams, depending on your university’s requirements.
• Common Admission Test (CAT), which is a national-level entrance exam
• The Management Aptitude Test (MAT), a standard aptitude test conducted by the All India Management Association (AIMA)
• Some educational institutions have university-specific exams and group discussions, and personal interview round.

Note: These are basic requirements. It is recommended to check university-specific eligibility criteria to be well-prepared.
So, with this information, you can design your perfect academic plan. If you have a dream university in mind but are reluctant to chase your aspirations due to financial hurdles, you can opt for a loan for education. At Avanse Financial Services, we offer education loans to study overseas as well as to study in India. If you want more information about the application process, documentation procedure or education loan rate of interest, please remember we are just a call away.