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An MBA Finance job profile entails managing and controlling investments, financial resources, and costs for a business firm. A prominent reason to major in finance is that the field offers a more targeted study specialisation while allowing you to explore a job market infused with plenty of MBA finance jobs.
Individuals in the finance domain come from several backgrounds, including commercial, technical, and medical. Students enrolled in some of the best colleges for MBA in Finance yield higher returns on investment in their management education.
Career After MBA in Finance
Graduates with an MBA in finance have a plethora of career options available to them, whether they want to work as a Financial Analyst, a Risk Manager, or even a Chief Financial Officer. High demand for skilled job seekers in the finance sector is ongoing, with multiple businesses desperately trying to find finance and accounting executives.
Even though many employers face a skills shortage, this is good news for MBA Finance professionals looking to advance their careers. Likewise, MBA Finance graduates also benefit from a wide range of career opportunities outside the finance industry. This opportunity portrays the flexibility and versatility of this qualification and its prestigious standing in the business world.
MBA Finance Job Opportunities in Top Sectors
Every industry needs financial executives to oversee investments, stock values, economic reports, and other similar tasks. So, if one has a solid understanding of financial management, one can land a job in any industry. Below is a list of major industrial sectors that hire fresh and experienced MBA Finance graduates:
- Accounting
- Taxation
- Banking and Finance
- Investment Banking
- Management Consulting
- Fund Management
- Sales and Trading
- Information Technology
MBA Finance Job Roles
By graduating with an MBA in finance, you build concrete grounds to become highly employable with extraordinary earning potential in several financial companies. A non-exhaustive list of available jobs opportunities after an MBA in Finance includes
- Financial Advisor
- Accounting Professional
- Credit Appraisal Officer
- Treasury Manager
- Investment Banker
- Corporate Banker
- Financial Analyst
- Insurance Advisor
- Management Consultant
- Financial and Investment Consultant
- Portfolio Manager
- Merchant Banker
- Private Equity Analyst
- Project Manager
- Financial Risk Manager
Top Companies Hiring MBA Finance Graduates
Every corporation has a finance department and requires an economic expert to maintain capital stability. A career after MBA in Finance opens up a vast array of job roles in both private and non-private business firms.
Here are the top recruiters who hire MBA Finance graduates, either through campus placements or a personalised hiring process.
- Deutsche Bank
- Morgan Stanley
- Deloitte
- Ernst & Young
- PricewaterhouseCoopers (PwC)
- Lehman Brothers
- KPMG
- Barclays
- McKinsey
- Goldman Sachs
- Boston Consulting Group
- Capgemini
- Bain & Company
- Wipro
- Tata Consultancy Services
- Accenture
- Infosys
- IBM
Salary of MBA Finance Graduates
A graduate who holds a degree of MBA in Finance benefits from higher salary packages compared to the other MBA specialisations (Source: Payscale).
The finance sector is one of the well-paid departments in the business arena.
- An MBA Finance graduate with less than three years of experience earns an entry-level compensation of ₹6.7 lakhs per annum.
- A MBA Finance professional with an experience of 4 to 9 years earns an average salary of ₹3 lakhs per annum.
- An experienced finance professional with 10 to 20 years of experience earns an average salary of ₹5.4 lakhs per annum.
MBA Finance Jobs For Freshers
MBA Finance jobs for freshers include working as a trainee or finance manager at a company and reviewing financial accounts. The salary of MBA Finance freshers ranges from ₹0.2 Lakhs to ₹24.4 Lakhs, with an annual salary of ₹2.4 Lakhs being the average.
Below is a detailed overview of entry-level MBA Finance jobs and their starting salary.
Job Profiles |
Average Annual Salary |
Financial Manager |
₹5.11 lakhs per annum |
Financial Analyst |
₹3.14 lakhs per annum |
Management Consultant |
₹6.45 lakhs per annum |
Accounting Manager |
₹3.56 lakhs per annum |
Bank Manager |
₹6.14 lakhs per annum |
Operations Manager |
₹3.66 lakhs per annum |
Relationship Manager |
₹4.26 lakhs per annum |
Government Jobs After MBA Finance
Every government firm must keep track of cash flow, investment details, and every other finance-related task. Ultimately, this pressing need gives rise to numerous MBA Finance job opportunities in the public sector. Below is the tabulated information on the top government firms that hire finance graduates and their average compensation.
Government Firms |
Job Roles |
Average Annual Salary |
State Bank of India |
Bank Manager |
₹9 lakhs per annum |
National Dairy Development Board (NDDB) |
Deputy Manager |
₹24.5 lakhs per annum |
Bharat Sanchar Nigam Limited (BSNL) |
Account Officer |
₹6.59 lakhs per annum |
Bharat Earth Movers |
Assistant Manager |
₹9.53 lakhs per annum |
Reserve Bank of India |
Assistant General Manager |
₹21.7 lakhs per annum |
Conclusion
To become a professional in the finance industry, students must stand out in their academic endeavours, be inventive about their business ideas, and have strong leadership skills. The most crucial thing is to have a comprehensive CV that highlights your overall skills, qualifications, and experience.
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FAQ - MBA in Finance
What is the job of an MBA in Finance?
An MBA Finance job profile entails managing and controlling investments, financial resources, and costs in the context of a business firm. MBA Finance professionals keep track of cash flow and investment details at a business organisation.
Which job is best after MBA in Finance?
The best jobs after MBA in France include Financial Analyst, Bank Manager, and Management Consultant, to name a few. Other job profiles include Accounting Executive, Financial Risk Manager, Operations Manager, etc.
What is a fresher’s salary after pursuing MBA Finance?
The salary of MBA Finance freshers ranges from ₹0.2 Lakhs to ₹24.4 Lakhs, with an annual salary of ₹2.4 lakhs being the average. Similar to other industries, the salary package of a finance graduate increases with an increase in the number of experience and skills.
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