A MBA's guide to number crunching
Are numbers your friend? Are you meticulous by nature? Do you like the smell of fresh files and heavy documentation? If yes, then MBA in finance is your one stop destination. B schools grads with finance specializations have the scope of entering a world of lucrative job profiles and 7 figures salaries.
In the past, we have seen several business leaders who have made their mark in the field of finance. Donald Trump, an American business magnate attended Wharton School with concentrations in science, economics and finance. Warren Buffett, the sage of Omaha is another grand example who has set a benchmark on investment strategies and value investing philosophy. And each of them, with their strong academic backgrounds in finance have become powerful billionaires to learn and take inspiration from.
It is no revelation, that graduates with finance specialization are the most sought after in the market. With an opportunity thrown at them to work with the leading banks, Non-banking Finance Companies and Finance Companies other than Banks, these students have a wide spectrum of fields to venture into.
With extensive knowledge of local markets and global resources, Equity services provide innovative structured products through the process of book building for equity linked offerings or IPOs.
As a professional in Debt Sales, you distribute various fixed Income and mutual fund products to institutional investors and corporate. And how can you overlook the sunrise industry - Insurance. It provides a wide array of prospects, such as underwriting, product management, customer service and investment. And if these are not much exciting, then you can definitely look into several other alternatives.
These are exciting times for individuals looking into openings in Stock Brokering and Investment Analysis, since many new instruments have been launched in the markets for select stocks, such as index futures, index options, derivatives and options and futures. One of the most booming prospects lies in Commercial Banking / Retail Banking. These financial powerhouses provide a gamut of services ranging from retail to corporate banking and industrial lending to investment banking.
Yet, the doors of opportunities seem to be never ending. As a finance grad you can also look into other job options, which possess a tint of sophistication.
The first one being, Investment Banking, which includes presenting financial and advisory services on domestic and international capital markets through a wide option of debt and equity products. Venture Capital as a career, do not lag far behind, where provision of funds for a high-potential, growth company is considered to be a high risk – high return investment. And finally a Mergers and Acquisitions specialist, assisting clients with aspects of restructuring, de-mergers, joint ventures, spin-offs, privatization and takeover defense mechanisms.
Hence it is not too farfetched to say that in this reviving economy, the future of finance jobs holds its ground firmly and looks brighter than ever.
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