MBA in Finance Management
Everyone is involved in financial management one way or the other on a daily basis without knowing it, most times we call it economizing. An average housewife will try her best to get the best quality of products at cheaper prices. So we all are a financial manager in a way, only not certified.
Financial Management means planning, organizing, directing and controlling the financial activities such as procurement and utilization of funds of an enterprise. It means applying general management principles to the financial resources of an enterprise. This course helps in profit maximization, wealth maximization of every organization. The one with the degree in finance management will help to do so.
The one who opts for financial management will get detailed knowledge in subjects with the latest technological advancement which includes cash management, leverage management, capital structure, capital rationing, working capital management, inventory management, Time value of money, Financial planning, etc. The candidate will experience both the practical and theoretical knowledge in this course.
Finance courses are offered at both under-graduate and post-graduate levels, but more prominently in the latter. Postgraduate applicants must possess an under-graduate degree. Institutes generally conduct their own entrance examinations followed by a group discussion. Several national level exams such as GATE, CAT, GMAT, etc..
Scope of MBA in Finance Management
As a graduate of the financial management course, you will be fully prepared for the management career in different sectors like investment banks, deposit banks, consultancy, central banks, fund management and international bodies. The courses in financial management train candidates in several key professions like Investment, treasury, capital market, financial analysis, planning, financial accounting and reporting, audit and taxation etc.
Some of the financial management career avenues are Risk management; Finance, Private equity and venture capital and Driving corporate performances. The importance and scope of this course within the country and overseas are more and the person who opts for this degree has a great scope. One can start their own business upon completion of this degree with or without experience. One can also opt for the teaching sector when they hold an MBA degree and can also do Research.
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