Online MBA Courses in Finance Management

In the complex and globalized environment, financial specialists are considered crucial for the success of a business. Online MBA in Finance Management is among the most popular and highly paid specializations among all the business possibilities a student can choose. This Master’s program aims to help students better understand financial systems, strategic financial planning and management, investments, and business finance. By providing a rigorous balance of conceptual and practical training,  the course offers students a well-equipped skill set to manage themselves in an economic environment. 

Finance Management is one of the significant specializations students opt for in MBA programs. It prepares students for carrying out complex financial analysis for investment, personal financial management, financial management of corporations and organizations, and financial planning, amongst others.

An Online MBA in Finance Management is a postgraduate degree program that deals with managing large sums of money, investments, financial forecasts, and financial risks associated with a business. Usually, it takes two years to complete the program, but it emphasizes theoretical knowledge and experience.

Students can pursue this Online MBA in Finance Management through three different modes of study:

• On-Campus MBA/Regular MBA: This program requires students to attend classes taught within the college to enroll in any course.
• Distance MBA: In this program, notes and lectures recorded in class are given to the students. This arrangement does not include tutors and peers who would take active participation or interaction in between.
• Online MBA Degree Courses: This MBA is entirely online. It offers live classes and recorded and easily accessible courses, webinars, and other materials that can be found online. Therefore, when applying to most colleges, students are not expected to show the marks they got in the national-level entrance examination, though some colleges impose this as a requirement.

There are many benefits to pursuing an Online MBA in Finance Management. Some key benefits include:

Enhanced Financial Expertise

• In-Depth Knowledge: Acquire vast information concerning financial markets, the process of investing, and the management of corporations.
• Analytical Skills: Enhance critical thinking and become an expert in handling large volumes of data for decision-making.
• Strategic Thinking: Share knowledge on approaching financial management as a planning process encompassing tactical and more distant considerations.

Career Advancement

• Senior Roles: Gain senior management and executive-level jobs in the finance sector.
• Leadership Skills: Develop vital core leadership and managerial competencies when appointed to higher positions.
• Career Transition: Provide opportunities to switch industries from other functional areas into finance with the help of an MBA degree.

Networking Opportunities

• Professional Network: Create a strong network of current and future fellow students, graduates, professors, and respected professionals in a specific field.
• Industry Connections: Participate in limited availability receptions, courses, and meetings to meet others. Opens opportunities to interact with industry experts.

High Salary Potential

• Competitive Compensation: Due to the extra qualification, individuals who complete an MBA program have better chances of getting better-paying jobs than candidates who just graduated with an essential MBA degree.
• Attractive Benefits: Opportunity for better remuneration, which includes bonuses and stocks, among other things.
• Return on Investment: Substantial possibility of gaining a high return on investment in the MBA program.

Skill Development

• Technical Skills: Learn about financial modeling, valuation, and Excel modeling, among other things.
• Soft Skills: Improving comprehension in various aspects of human relations, including interpersonal and negotiated interaction.
• Problem-Solving: Enhance critical thinking and problem-solving skills regarding numerous situations in finance.

The  MBA in Finance Management syllabus depends on the course structure of different universities. However, some general and elective subjects are common in this program. 

First-Year  MBA in Finance Management  Syllabus

The  MBA in Finance Management subjects of 1st year provide students with management fundamentals.

Semester 1 Subjects:

• Business Economics
• Managerial Effectiveness and Ethics
• Accounting and Finance
• Organizational Behavior and Human Resources Management
• Quantitative Techniques for Business Decisions

Semester 2 Subjects:

• Entrepreneurship
• Marketing Management
• Banking, Financial Services and Insurance
• Corporate Law
• Business Analytics

Second-Year  MBA Finance Management  Syllabus

MBA in Finance Management subjects of 2nd year provide advanced knowledge in the field and practical learning experience.

Semester 3 Subjects:

• Business Research Methods
• Operations Management
• Direct and Indirect Taxes
• Investment Analysis and Portfolio Management
• Fintech - Foundations and Applications
• Open Elective Course

Semester 4 Subjects:

• Business Environment and Strategy
• Fixed Income Securities and Derivatives
• Valuation and Investment Banking
• International Finance
• Cross-Functional Elective Course
• Master Thesis / Project 

MBA Finance Management Subject List 

MBA in Finance Management subjects that are offered as electives are:

Semester 1 Subjects:

• Derivatives and Risk Management
• Mergers and Acquisitions
• International Finance
• Financial Modeling

Semester 2 Subjects:

• Behavioral Finance
• Wealth Management
• Venture Capital and Private Equity
• FinTech and Digital Banking

The  Online MBA in Finance Management course is available for all Indian and international students who want to be admitted to Indian universities. 

Eligibility Criteria for Indian Students

• Minimum 40% in 10th and 12th marksheet.
• Combined 40%+ in Bachelor’s degree.
• Lateral entry students need 50%+ in both graduation and diploma.

Eligibility Criteria for Foreign Students

• At least 40% marks in undergraduate or master’s degrees.
• Certification of English language proficiency for non-English medium students.

The course fee for the Finance Management field differs from one university to another. Many colleges offer provisions for splitting the fees into several payments.

The admission procedure for  Online MBA in Finance Management is as follows:

• Registration: The student must register in the college’s admission portal to get admission.
• Documents Submission: All the documents the college requires from the students must be provided. These may include the 10th and 12th mark sheets and certificates, photographs of the candidate, a photo ID proof, etc.
• Payment: The course fee has to be paid online using the website’s payment option.

Many universities require students to perform competently in the national and international entrance tests. Here is a list of the most common MBA entrance exams that one can take:

• CMAT (Common Management Admission Test)
• CAT (Common Admission Test)
• XAT (Xavier Aptitude Test)
• SNAP (Symbiosis National Aptitude Test)
• MAT (Management Aptitude Test)
• NMAT (NMIMS Management Aptitude Test)

An MBA in this field provides numerous employment opportunities. Here’s a detailed look at some of the key job roles that graduates can pursue:

Investment Banker:

Responsibilities: Promoting mergers and acquisitions, underwriting of shares and bonds, acting as an adviser, and helping issuing companies to mobilize funds.

Financial Analyst:

Responsibilities: Such tasks as calculation and analysis of the financial data, preparation of the reports, prognosis of the economic indicators, and assessment of the investments.

Financial Manager:

Responsibilities: Overseeing the finances of an organization, preparing financial plans, controlling of organization’s funds, financial statements preparation, and presentation.

Corporate Treasurer:

Responsibilities: Overseeing treasury operations such as managing corporate liquidity, making investments, and overseeing risk management and financial planning functions.

Chief Financial Officer (CFO):

Responsibilities: Supervising a firm’s financial management, budget forecasting and strategic financial management, financial controls, and financial disclosures.

Portfolio Manager:

Responsibilities: Overseeing investment portfolios, decision-making in investment choices, and maintenance of their portfolios for improvement and stability.

Hedge Fund Manager:

Responsibilities: Investment management of hedge funds, strategies to execute plans, and achieving a high rate of returns for the investor.

Financial Consultant:

Responsibilities: Consulting and guiding profitability analysis, budgeting, forecasting, managing, and enhancing corporate financial situation.

Management Consultant:

Responsibilities: Offering management consultancy for business enhancement, financial evaluation, and financial strategies.

Financial Planner:

Responsibilities: Helping clients with personal financial budgets, preparing financial strategies, and providing guidance to invest, secure insurance, and plan for retirement.

Online MBA in Finance Management graduates can have their dream job in several companies. Some top recruiters are:

• Goldman Sachs
• Boston Consulting Group
• Morgan Stanely
• JP Morgan Chase & Co
• State Bank of India
• HDFC
• Barclays
• KPMG
• McKinsey & Co
• Bain & Company

Today, many colleges offer MBAs in Finance Management, of which the majority are online. However, there are several essential aspects to consider when joining a college. Conduct an online survey about the colleges concerning factors such as quality of teaching, course curriculum, fee structure, etc. Below are some of the reputed colleges you can choose from:

Top Private Colleges for  MBA in Finance Management

• DY Patil University
• O.P. Jindal Global University
• Jain University  
• Dr MGR Educational and Research Institute 
• Chandigarh University 

Top Government Colleges for  MBA in Finance Management

• Andhra University
• Kurukshetra University

The Online MBA in Finance Management is a vast field; graduates get employment in different sectors and positions in the financial world. This degree prepares the learners to understand financial concepts and theories and their application in business and investment environments. 

Online MBA in Finance Management opens up many opportunities in different fields, including banking, corporate, asset management, financial consultancy, and risk management. These roles often require the employee to conduct financial activities that involve giving analysis, financial forecasting, risk appraisal, and decision-making to enhance the business’s financial position concerning achieving its objectives.

Online MBA in Finance Management graduates usually enjoy relatively higher remunerations and compensation packages in the market because of the increased demand for skilled professionals and the strategic position of these experts in organizations. It depends on the type of industry, geographical area, experience, and the position holder.

An  Online MBA in Finance Management in India gives many career opportunities in the growing financial sector. Graduates can pursue various roles in MNCs at higher positions in the finance department.

An  MBA in Finance Management abroad offers career prospects in international healthcare settings. Graduates can work in countries such as the United States, Canada, and the United Kingdom, where financial roles are highly valued.

The average salary for fresh graduates with an  Online MBA in Finance Management is around INR 5,18,000 annually. With career progression and the acquisition of specialized skills, professionals can secure higher pay packages in India and internationally.

Why study for an  MBA in Finance management?

An Online MBA in Finance Management enhances one’s financial knowledge and leads to better and higher-paying senior management job opportunities in numerous sectors of the financial world. The other advantage that it provides is the abundance of networking grounds and promotion of career progressions.

Who should pursue an Online MBA in Finance Management Course?

Any person seeking a career boost in the financial sector with tighter schedules due to work or family commitments and would want round knowledge on finances should enroll for an Online MBA in Finance management.

Is any scholarship offered to students who want to take  MBA Finance Management courses?

Yes, some colleges provide institutional scholarships to students based on their merit or economic background. 

What are the skills required for an  MBA in Finance management?

The skills desirable for an Online MBA in Finance Management are:

• Analytical skills
• Financial modeling ability
• Strategic mindset
• Computer software proficiency
• Fine communication skills and 
• Leadership abilities.

What are the high-paying job roles one can pursue after an MBA in finance? 

Some high-paying job roles for an MBA in Finance professional can pursue:

• Investment Banker
• Project Manager
• Business Consultant 
• Strategy Consultant
• Business Development Manager