Career Opportunities After MBA in Finance (2022)

Career opportunities after MBA in Finance

During the pandemic, many top edge businesses and high-end companies faced huge losses despite their firm base. This pandemic shook even the most prominent industries and gave them a taste of negative cash flow throughout the period. The ever so famous watch-to-jeweller company Titan was witnessing virtually zero sales during the initial phases of lockdown. A hard hit had to be taken even by industries that are otherwise all-time profitable; majoring this list are the hospitality industry, aviation industry, tourism sector and trading sector. No company or industry was fully prepared to face this sudden unexpected blow. These adverse effects are still being borne by many companies and majorly by employees.

Through this all, one sector was facing a substantial upscaling, that is the finance sector. They were only getting better, contrary to the gloomy forecasts. The banks being well-capitalized were robust in the face of the pandemic. The growth that the sector witnessed during the pandemic was indeed one of the finest, considering the significant hits and adversities that had to be faced by the other sectors.

When other industries and companies struggled to retain even their most exemplary employees, the finance sectors gladly got promoted post the enormous workflow throughout the pandemic. When looking for stability and security in jobs, considering the finance sector can be a good option as, when compared to other sectors, it has proven to be secure even in times of crisis.

Making logical, intellectual and well-informed decisions even in stressful situations is what an excellent financer does. If you love to find solutions and know-how to make optimal usage of money, figuring ways to multiply it and if playing with numbers is your number one game, you got to have a serious look at the opportunities after MBA in finance.

MBA in Finance: An overview

Career opportunities after MBA in finance are immensely dignified and profitable. By taking up a master’s in finance, as a student, you will learn and understand skills that will prepare you to lead and manage the finance industry.

Stock markets have been known for their ability to push people from rags to riches. Many famous movies have their storyline based on actual events that showcase the finance world. Take, for instance, the movie ‘The Pursuit of happiness’. Not just an imaginary tale, being a true story, it can instill faith in the fact that the stock market and numbers are without any doubt one of your most accessible ways to success and stability.

Instead of learning from the quirky masters online or self-learn books that bring to you half-held knowledge, why not take up an MBA in finance that would make you highly eligible for various career opportunities after MBA in Finance. 

After the completion of 2 years in this course, you will be able to:

• forecast economic trends
• analyze various financial reports of the company and suggest decisions based on the same
• figure ways to maximize the stock values
• Choose investment portfolios
• Manage and take measures to balance risk and profitability.
• Apply the principles of financial risk management

Career opportunities after MBA in Finance

Graduates in this field have immense opportunities and a safe and secure future. To get wealthy, if you think that earning money is the key, then you are mistaken. If you go ahead and think that saving money is the key, then you are mistaken again. The key here to get wealthy is to invest money, which is challenging but not impossible. An MBA in finance equips you with the proper training for the same.

Let’s us look at some job roles after MBA in finance:

Corporate finance:

A corporate finance professional is expected to analyze the financial statements of companies, manage everyday financial transactions, conduct and examine performances with the help of ratio analysis, prepare and assess the suitability of models according to industry standards. A few significant tasks as a newbie would include accounting and bookkeeping, assessing funds and assisting in fund-raising models, getting excellent audit ratings, cash flow and treasury management.

Having a solid understanding of accounting, an ability to link all the three types of financial statements, a problem-solving attitude and knowing how to build forecasts are the skills that are ideal for this position.

Salary as per this role: 7.5 lakhs per annum to 35 lakhs per annum.

Wealth and portfolio management:

A wealth and portfolio management professional is expected to create investment portfolios, tax planning, financial planning and retirement planning funds. A considerable percentage of the wealthy population does not know how to maintain, invest and plan risk management. This is where a wealth and portfolio manager comes into the picture, suggesting strategies after understanding the client’s needs and objectives. In-depth research and efficiency in data interpretation would be the ideal skill needed for this position.

As a portfolio manager, you would be responsible for implementing investment strategies for investors or individuals. They are also called investment managers, and their main focus lies on the analytical side of investing rather than the sales aspect.

Salary as per this role: 2.5 lakhs per annum to 12 lakhs per annum.

Finance research analyst:

A finance research analyst is expected to estimate the financial worth of a company by examining the financial statements and other public documents. Their responsibilities also include managing portfolios or funds and determining the level of risks involved in investments. As a research analyst, you should know equity research, valuations, statistics and technical analysis.

The daily work would include creating charts and presentations providing analysis of trends and forecasts. Performance variance analysis that includes analyzing past results is another task that you would be required to do as a research analyst.

You can call them behind-the-scenes experts to analyze investments and market performances and make recommendations based on economic principles and fundamentals. A few typical research profiles are financial analyst, market research analyst, equity research analyst and economic research analyst.

Salary as per this role: 2.5 lakhs per annum to 10 lakhs per annum.

Investment banker:

You surely would have heard this term in many movies. An Investment banker is expected to help the company acquire funds for businesses. You will be managing assets, doing financial leverages, offering advice about when to release IPO’s and FPO’s while tracking the market. Providing crucial financial advice during severe financial transactions like mergers and acquisitions is a vital job role. Overall, an investment banker helps to raise capital and decides if it needs to be done by issuing stocks or borrowing money.

This is one field where you can expect insanely high salaries from the very beginning. An investment banker would have to work under high-pressure hours, travel a lot and give in all during work hours, but it all comes with exceptionally high salaries.

Salary as per this role: 2.5 lakhs per annum to 70 lakhs per annum.

Financial consulting:

As a financial consultant, you would be expected to forecast the costs and revenues advise clients about suitable financial services that could include budgeting, saving for significant milestones, retirement planning and evaluating capital expansion possibilities. Maintaining the company’s financial health would be your ultimate goal as a financial consultant. Strategy development, technology implementation, change management and skill development is major part of the work. A few companies that look out for financial consultants are Mckinsey, KPMG, Deloitte and PwC. They hire financial consultants to gain advice on selling and analyzing investments, buying stocks and bonds, managing current and future tax, and analyzing the market and economic trends.

Salary as per this role: 2.5 lakhs per annum to 7 lakhs per annum.

If you are wondering about what kind of jobs after MBA in finance, you are at the right place as this article explains in detail the job roles after MBA in finance. Finance is a promising field with stability, job security and immense growth opportunities. If you wish to stay ahead of the game and play with money, you should consider taking up an MBA in finance for a quick jump to success.

Also check: CAREER OPTIONS AFTER MBA IN MARKETING

Additional resource: Career Opportunities after MBA in Finance