MBA in Finance Jobs

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Sep 24, 2024 21:03PM IST

MBA in Finance graduates can explore numerous career paths including investment banking, financial planning, portfolio management, risk management, and corporate finance. This degree not only opens doors to high-level positions in esteemed financial institutions but also in corporate finance departments of major companies, enabling professionals to play pivotal roles in financial decision-making and strategy. With the global financial landscape continuously evolving, the demand for skilled finance professionals remains high, ensuring a promising scope for MBA in Finance graduates.

MBA in Finance Jobs Overview

MBA in Finance jobs are available in great numbers since there is always a great need for financial managers who can successfully manage the finances of a company. It is claimed that any economic system relies on the financial sector. The growth in India's economy is largely driven by the development of financial services, leading to an increasing number of career opportunities for finance professionals. India has seen a 27% increase in February 2022, as the Times of India reported.

MBA in Finance or Master of Business Administration in Finance is a two-year postgraduate program focused on the study of budgetary, financial, and analytical aspects. MBA in Finance course has proven to be an essential learning experience for candidates in accounting, administration, and management of the organization's finances. During the course, candidates learn about a variety of MBA in Finance subjects that help them get good career opportunities in various financial sectors.

Candidates have multiple opportunities to explore such as Financial Analyst, Finance Manager, Business Analyst, Operations Manager, Relationship Manager, Manager Consultant, Investment Banker, Credit Risk Analyst, etc. MBA in Finance salary can range from INR 5 to INR 20 Lakhs per year depending on the job profile and company. Some of the top recruiters for MBA Finance are Morgan Stanley, Goldman Sachs, Bain & Company, McKinsey & Company, Barclays, KPMG, etc. Get complete information about MBA in Finance jobs provided below.

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MBA in Finance Job Highlights

Check out the highlights of MBA in Finance jobs provided in the table below

ParticularsDetails
Top Junior-Level MBA in Finance Jobs
  • Financial Analyst
  • Investment Banker
  • Finance Manager
  • Chief Financial Officer
Top Senior-Level MBA in Finance Jobs
  • Corporate Banking 
  • Business Analyst
  • Financial Advisor
  • Capital Advisor
  • Financial Controller
Average Starting SalaryINR 5 LPA - INR 15 LPA
Average Highest SalaryINR 20 LPA - INR 30 LPA
Top Employment Sectors
  • Banks 
  • Financial Institutions
  • Trading Companies
  • Stock Exchanges
  • Mutual Funds
  • Insurance Companies
Top Private MBA in Finance Recruiters
  • Morgan Stanley
  • KPMG
  • E & Y
  • Goldman Sachs
  • Barclays
Top Govt. MBA in Finance Recruiters
  • Nabard
  • Regional Rural Bank
  • Steel Authority Of India
  • State Bank Of India
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Top MBA in Finance Job Description and Salary Range

MBA in Finance opens doors for candidates for multiple opportunities in various domains of accounts and financial management. In the private and public sectors, there are opportunities for MBA in Finance graduates. The following are some of the best job opportunities for MBA in Finance graduates, in areas such as commercial banks, stock exchanges, trading firms, etc.

JobsDescriptionAverage Salary
Financial AnalystFinancial Analysts are professionals who work for banks, financial institutions, insurance companies, etc. They advise businesses and individuals on decisions and provide advice on maximizing profits.INR 4.61 LPA
Relationship ManagerA Relationship Manager is a skilled professional who builds and sustains mutually beneficial relationships with clients, both internal and external. They are also known as Client Relations Managers.INR 4.45 LPA
Account ManagerAccount Managers shall be employed by companies with the main function of maintaining strong relationships with their customers, dealing with business officials, and preparing sales reports.INR 6.00 LPA
Bank ManagerThe Bank Manager shall be responsible for the supervision of all business operations including personnel management, administration, security, compliance, and other sales activities.INR 7.50 LPA
Business AnalystBusiness Analysts are professionals who assess the performance of the business and also help them in conducting research and solving problems to maximize profitsINR 7.00 LPA
Finance ManagerProfessionals known as Business Analysts analyze their firms' performance and conduct research to maximize profits.INR 12.00 LPA
Equity Research ManagerAn Equity Research Analyst analyzes and provides financial insights into the publicly traded company and also helps in facilitating investment decisionsINR 6.00 LPA
Research AnalystResearch analysts are entry-level employees engaged in research activities, data collection, and analysis to solve problems and help in improving decisions.INR 3.20 LPA
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Top Academic Courses to Pursue After MBA in Finance

After completing MBA in Finance, you can choose to do a professional course to further upskill your knowledge. Here is the list of the top academic courses to pursue after an MBA in Finance are as follows-

Course Duration
Chartered Financial Analyst1.5 to 5 Years
Financial Risk Management Certification10-12 Hours or 1 Year
Certified Finance Planner6 Months to 2 Months
Sin Sigma Certification Course3-4 Weeks to 6 Months
Cost Management Accountancy (CMA)3 Years
Stock Market Certification1-3 Years
Certified Public Accountant18 Months to 1.5 Years
Ph.D. In Business Administration3-5 Years
Ph.D. In Finance3 Years
Ph.D. In Marketing3-5 Years
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Top MBA in Finance Industries

MBA in Finance graduates can find a number of opportunities in various sectors. Mentioned below are some of the tops areas where can find MBA in Finance jobs with great salaries and benefits.

Corporate BankingMerchant Banking
Private BankingInternational Finance 
Insurance FirmsFinancial Institutions
Investment Management Mutual Funds
Trading CompaniesRisk Management
Private Equity/Venture CapitalStock Exchange
Asset ManagementProject Finance
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Top Companies Hiring MBA in Finance Graduates:

Among the most common professions that students choose to apply for an MBA course is the MBA in Finance. The key reason behind this is that companies hiring MBA in Finance graduates are on the lookout for candidates to collect finance majors, along with great packages and other benefits.

Top Private MBA in Finance Recruiters

CompaniesAverage Salary 
Goldman SachsINR 30 LPA - INR 35 LPA
Morgan StanleyINR 20 LPA - INR 30 LPA
Boston ConsultingINR 20 LPA - INR 35 LPA
Bai & CompanyINR 22 LPA - INR 26 LPA
KPMGINR 20 LPA
HDFCsINR 8 LPA - INR 10 LPA
BarclaysINR 20 LPA - INR 25 LPA
Mckinsey & coINR 22 LPA - INR 24 LPA

Top Public MBA in Finance Recruiters

National Fertilizers LimitedUttarakhand Jal Vidyut Nigam Limited
Karnataka Antibiotics and Pharmaceuticals LimitedNABARD
Regional Rural BanksIndian Institute of Management
Rajkot Nagarik Sahakari BankOdisha Mining Corporation
Steel Authority of IndiaOil and Natural Gas Corporation Ltd
State Bank of India Reserved Bank of India
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Factors to Consider Before Taking up MBA in Finance Jobs

MBA in finance graduates have a wide range of opportunities in the corporate world, making it one of the most sought-after MBA specializations. Here are some of the most common factors one must consider before choosing an MBA in finance jobs.

  • Job Profile: It can take time to find the ideal finance job after completing an MBA. It's important to remain patient and avoid accepting irrelevant positions. Instead, choose a job that allows you to utilize your skills and knowledge.
  • Company: The organization in which you are working plays a very important role in your career and before accepting MBA In Finance Job, one should analyze the scope of the company's success and failure, and the nature of the work also.
  • Job Location: Be patient and selective in choosing a finance job after your MBA. Find a position that lets you use your skills and knowledge effectively.
  • Working Hours and Salary: These two also important factors and we should also focus on these two before taking up MBA in finance jobs.
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FAQs about MBA Finance Jobs

What do MBA in Finance graduates do?

An MBA in Finance graduate can choose to do the following:

  • They can go into investment banking, taxation, tax planning.
  • They also hedge fund management
  • They can pursue international finance
  • They can be an accounting manager or financial analyst.

What are the skills required to become a Financial Manager?

The skills required to become a Financial Manager are:

  • Attention to Detail
  • Time Management
  • Business Intelligence
  • Analytical Thinking
  • Financial Reporting
  • Communication Skills

What are the top government recruiters for MBA in Finance graduates?

The top government recruiters for MBA in finance graduates are the State Bank of India, Reserve Bank of India, NABARD, Indian Institute of Management, Rajkot Nagarik Sahakari Bank, Oil and Natural Gas Corporation Ltd, National Fertilizers Limited, etc.

How long is CFA after MBA in Finance?

 After an MBA in Finance, the CFA program lasts roughly 2-3 years. A candidate might explore more work prospects in the finance sector by combining these two finance courses.

What can I do after an MBA in Finance?

There are so many career opportunities after MBA in Finance. The top career opportunities after MBA in Finance include-
Financial Manager/Analyst.

  • Credit Analyst
  • Corporate Finance
  • Investment Banking
  • Management Consultant
  • Accounting Manager
  • Risk and Insurance Manager

Is CFA worth it after MBA in Finance?

Your chances of working for one of the world's leading financial institutions will increase if you take a CFA course after your MBA in Finance. If you decide to become an adviser or set up your own firm, the dual certificate will make it possible for you to find a job.

What is the highest salary of a Financial Analyst?

The highest salary of a Financial Analyst is around INR 22 LPA and the main work of the Financial Analyst is to do Financial Planning and analysis of the company and to determine the best use of resources to achieve the business objective.

What is the highest salary of an MBA in Finance graduate?

The highest salary of an MBA in Finance graduate is around INR 12 LPA to INR 15 LPA and for freshers, the highest salary that is offered to MBA in Finance Graduate is INR 17.8 LPA to INR 22 LPA.

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