Finance is one of the most sought after specialization of MBA. It is one of the oldest disciplines of management. Finance as a subject involves the management, control and review of the collection, investment and resources of money as a capital required for an industrial building, plant and working. Thus, financial management is concerned with the planning and controlling of the financial resources of an industry. In the foundation course on finance, the students are offered the knowledge and skills of analytical thinking, concept of managerial decision making, maintaining balance between risk and profitability, coordination of processes and centralized nature of finance.
MBA in finance is most sought after program across the world. One can do the MBA in finance, preferably from top B Schools in India after the completion of UG degree in diverse fields, viz., Engineering, Management, Medical, Science, Commerce, Arts and Humanities. A MBA in Finance, apart from the usual compulsory courses, will include courses in Investment Management, Portfolio Management, Working Capital Management, Taxation and Tax Planning, Corporate Valuation, International Finance, Management Control System, Banking and Insurance Management, Financial Risk and Derivatives Management, Financial Statement – Reporting and Analysis and Management of Financial Services. Institute of Management (IM) at JK Lakshmipat University (JKLU), Jaipur, amongst the top institutes for management in India offers MBA in Finance and has one of the best and strongest finance department to support it.
Quite often or not, we tend to create terms such as “The LPG Era”, “Computer Boom Era”, “The Information Technology Era”, “The Bio-Technology Era”, and so on. Looking to the current times, we can say that we are living in “The Financial Era”! All round us, the demand for the finance professional is growing by leaps and bounds, thanks to the sizeable growth in the Banking, Financial Services and Insurance field, more commonly referred to as the BFSI vertical. Therefore, a sizeable chunk of MBA aspirants specialize in finance these days since such a specialization paves way for high-paying job in banks and financial sector. With the global financial crisis striking in 2008 and the current Greek – Eurozone impasse continuing to threaten world trade, companies all over the world feel the need for financial specialists who can come up with quick solutions, taking the volatile conditions of the market into consideration. Finance is indeed an important part among the processes of any company and thus, there are plenty of career openings for an MBA Finance degree holder from JKLU, best college in Rajasthan for management studies and amongst the top private universities in India.