Your Complete Roadmap to Online MBA in Finance
When it comes to choosing a specialization in MBA, Finance has always been the most preferred among other specializations. An online MBA in finance opens the door to a myriad
of opportunities in the fields of management, investment, insurance, banking, stock exchange, and more. It also enhances crucial skills like inventive thinking, analytical thinking, management aptitude, and critical analysis. In this article, we will give a detailed view of online MBA in finance including program overview, eligibility, career prospects, benefits of enrolling in the program, and more.
Online MBA in Finance: Program Overview
An Online MBA in Finance is a two-year postgraduate program specially designed to provide individuals with the necessary financial knowledge and skills to excel in the field of finance.
This program helps students to understand the trends of the financial market along with
providing them with the convenience of flexible and more accessible options of learning which is
best suited for students and working professionals.
Online MBA in Finance: Eligibility Criteria
To enroll in an online MBA in finance, candidates need to have
- A bachelor’s degree with a minimum of 50% aggregate marks from a recognized university or institution.
- Some institutions may need 1-2 years of work experience in a relevant field however it is not mandatory
- Candidates may also be required to submit their scores obtained in management entrance exams like CAT, MAT, XAT, and GMAT for seeking admission to prestigious management institutes. However, not all management colleges give admission based on the scores obtained in such exams.
Online MBA in Finance: Who Is It for?
The online MBA in finance program is ideally suited for
- Working professionals working in financial sectors who want promotion
- Fresh graduates who want to make their career in the field of finance
- Individuals seeking to switch to the finance sector from other industries
- Finance enthusiasts who want to learn and understand more about the finance sector
- Business owners and entrepreneurs who want to expand their business with the right financial knowledge
- Executives who want to gain in-depth financial knowledge to make more informed business decisions
Perks of Enrolling in an Online MBA in Finance
Flexible Learning
Online MBA in finance, allows individuals to learn at their convenience without devoting full time to regular courses. It is the most suitable option for professionals who are working in the same industry but also seek to advance their careers without compromising their jobs.
Specialization in Finance
This program lets you unravel various subjects of finance such as financial management, working capital management, risk analysis, financial market and derivative, investment analysis, corporate finance, and risk management. With the help of these diverse subjects, students will develop expertise in the finance field.
Career Outlook
MBA Finance graduates are equipped with the requisite financial knowledge and skills required for managerial and leadership roles related to finance sectors. This course opens a plethora of opportunities with competitive salary packages to the students.
Higher Income
The finance sector offers lucrative salary packages, enhancing one’s earning potential. The demand for finance professionals is always high giving them the advantage of higher packages than their previous roles.
Networking Opportunity
Like other MBA programs, an online MBA in finance also opens the door for creating valuable connections and building a holistic network for future career opportunities and collaborations
Job Opportunities After Online MBA in Finance
The demand for finance professionals is always high in various sectors, including banking, investment, stock exchange, consulting, and corporate sectors. Candidates after completion of the course can expect a job in these profiles:
- Finance Manager: Salary range: INR 10,00,000 to 18,00,000 per annum
- Financial Consultant: Salary range: INR 6,00,000 to 15,00,000 per annum.
- Asset Manager: Salary range: INR 12,00,000 to 25,00,000 per annum.
- Financial Analyst: Salary range: INR 4,00,000 to 8,00,000 per annum.
- Risk Analyst: Salary range: INR 8,00,000 to 15,00,000 per annum.
- Investment Analyst: Salary range: INR 6,00,000 to 12,00,000 per annum.
- Financial Controller: Salary range: INR 12,00,000 to 20,00,000 per annum.
- Budget Manager: Salary range: INR 8,00,000 to 15,00,000 per annum.
- Credit Analyst: Salary range: INR 5,00,000 to 10,00,000 per annum.
- Equity Analyst: Salary range: 8,00,000 to 15,00,000 per annum.
- Portfolio Manager: Salary range: INR 10,00,000 to 20,00,000 per annum.
- Credit Officer: Salary range: INR 5,00,000 to 10,00,000 per annum.
Top Colleges Offering Online MBA in Finance
From IIMs
- IIM Ahmedabad: Fee: INR 20,00,000
- IIM Kozhikode: Fee: INR 2,00,000
- IIM Shillong: Fee: INR 10,00,000
- IIM Raipur: Fee: INR 10,00,000
- IIM Rohtak: Fee: INR 7,50,000
From Top Institutes
- LPU Online: Fee: INR 1,30,000
- UPES Online: Fee: INR 1,20,000
- GLA University: Fee: INR 75,00,000
- Chandigarh University: Fee: INR 2,00,000
- IGNOU: Fee: INR 37,000
- Jain University Online: Fee INR 1,55,000
- Jindal Global University: Fee: INR 5,60,000
- Amity University: Fee: INR 2,55,000
Online MBA in Finance: Course Subjects
The core subjects of an online MBA in finance are:
- Financial Market
- Corporate Finance
- Risk management and Derivatives
- Working Capital Management
- Financial Statement Analysis
- Strategic Financial Management
- Portfolio Management
- Investment Analysis
Why College Vidya is the Best Choice?
College Vidya is a leading user-friendly platform designed to help students in online and distance learning. It has listed about 100+ UGC-DEB universities to provide authentic information regarding universities offering distance and online courses. College Vidya has numerous exciting features including its 3Cs which make them the best choice for you. Let’s explore them one by one.
- Compare: With this feature, users can compare, access, and select the right university and course that aligns with individual goals, course budget, and other related factors.
- Counsel: College Vidya’s team of 2500+ experienced professionals is 24/7 available to address your course-related queries and guide you in choosing the best among them.
- Connect: College Vidya’s CV Community is a great place to foster valuable connections with your peers, alumni, and faculty members. You can learn and exchange ideas with each other and make beneficial contacts for future job opportunities, and collaborations.
- Post-Admission Services: College Vidya provides a lifecycle of support throughout the student’s learning journey. They guide students in handling LMS and provide internship and job placement support and career counseling support.
Conclusion
Opting for an online MBA in Finance can be a remarkable experience for students and working professionals. The program does not only provide you with the theoretical knowledge of finance but also equips you with practical skills like financial modeling, financial data analysis, and more which are indeed required in corporate and banking sectors. The program also offers flexibility and networking opportunities to students and working professionals giving them a chance to have a promising career prospect.
