Question 1

Why do people pursue an MBA in Finance?

Accepted Answer

Because an MBA in Finance Management prepares students for multiple lucrative careers like corporate accounting, private equity, investment banking, etc., by imparting knowledge on controlling and reviewing financial collections, investments, and resources.

Question 2

What are the eligibility criteria for pursuing an MBA in Finance?

Accepted Answer

The eligibility criteria required to pursue an MBA in finance are similar to the admission process for any MBA degree. It is a mandate to have a minimum of 50% average scores in Graduation.

Question 3

What are the best MBA Finance job roles?

Accepted Answer

Some of the most popular MBA finance roles are Financial analyst, Accountant, senior business analyst, finance manager, relationship manager, and the like.

Question 4

Is MBA in finance worth it?

Accepted Answer

A degree in MBA in finance can offer various lucrative high-paying jobs. Finance is a field where one can opt for high-paying finance or consulting jobs. Nonetheless, gaining multiple insights into the business is a bonus. The degree provides all the necessary information regarding finance in business; therefore, it is very worth trying.

Question 5

Can an MBA in finance become CEO with promotion?

Accepted Answer

Amongst the MBA specialisations that have prepared the most number of CEOs in the past include finance, marketing, IT, environmental sustainability, and public policy. Therefore, there is a high chance for an individual with MBA in finance to become a future CEO

Question 6

What can I do after MBA in finance?

Accepted Answer

After completing an MBA in Finance, there are plenty of options. One can work at the firm as a financial analyst, risk manager, investment banker, cash manager, credit manager, accounting manager, and insurance manager. Or the person can start with financial consulting services and eventually build their own company.

Question 7

What is the syllabus for MBA in finance?

Accepted Answer

MBA in finance syllabus includes but is not limited to subjects like Micro and Macroeconomics, CSR, Principles of accounting, SCM, strategic management, organisational behaviour, corporate finance, marketing research, business law, operations management, optimisation and project research, project management, business intelligent and quantitative methods and statics.

Question 8

What are the questions asked in an MBA in finance interview?

Accepted Answer

Questions related to investment, banking and insurance are some of the most common areas from which MBA interview questions are chosen. Some of the examples include: What is a cash flow statement? What is meant by working capital? Elaborate on the concept of capital budgeting? How can a company go bankrupt yet show positive net income simultaneously? Are profit and revenue the same? Explain the difference.

Question 9

Can I do MBA in finance after engineering?

Accepted Answer

Yes. MBA in finance can be pursued after the compilation of any graduation degree, be it BTech, Bcom, Bsc, or BA. On that note, having an engineering background can often be a perk with accomplished mathematics and problem-solving skills. Therefore, it is often seen that engineers do well in MBA.

Question 10

Who should do an MBA in finance?

Accepted Answer

To pursue an MBA in finance, the candidate needs work experience anywhere between three to five years. Along with that, the person also has to have a graduation degree with a minimum of 50% aggregate or equivalent CGPA from a recognised university. Apart from that, if a person is inclined toward finance and money management, they can become the best-suited candidate to pursue MBA in finance.

Question 11

Which one is better after graduation; MBA in finance or MBA in marketing?

Accepted Answer

Both marketing and finance are two essential aspects of a business. The average salary for both degrees is quite the same, yet students with a finance degree often get paid more. MBA in finance provides opportunities in the sectors such as banks, investment portfolios, and accounts departments of the companies, whereas an MBA in marketing will bring jobs in sectors such as brand management, advertising, sales, etc. Therefore, finding the better one depends upon the preference of the candidate.

Question 12

How difficult is MBA in Finance?

Accepted Answer

MBA in finance is as complex as any other MBA program. However, it is considered comparatively tough as it includes subjects more inclined towards mathematics, such as statistics and probability. Hence, it is often referred to as one of the toughest MBA specialisations in MBA.

Question 13

How much an MBA in finance can earn?

Accepted Answer

A fresher can earn anywhere between INR 7 to 20 LPA. The salary also varies with the country. In the US, the average salary ranges from $142K to $148K. However, there are always exceptions that depend on several factors such as location, experience, and more.

Question 14

Can I work remotely after doing an MBA in finance?

Accepted Answer

It depends on the type of job role one goes for. One can work remotely after doing MBA in finance, but options will be very limited and might not be very high paying. One can also start consulting remotely or work as a freelancer to guide clients with financial advice. However, some small firms hire remotely working employees for roles such as head of finance, SVP finance, FP&A analyst, finance business, etc.

Question 15

What is the difference between MS in finance and MBA in finance?

Accepted Answer

MBA in finance focuses on different financial aspects of a business. In comparison, a master's in finance focuses more on the different finance topics and closely related fields such as financial theory, quantitative finances, investments, valuation, etc. The number of institutions providing MS degrees is also very limited, but in terms of salary, an MS graduate can expect to earn less than an MBA graduate.

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