Career and Jobs after MBA Finance - Scope & Salary


This article first explains what an MBA is, what all MBAs have in measures of subjects with various job opportunities and salary available to an individual, then covers the career and jobs after MBA Finance.
We always plan before making a decision, whether it be the decision on how to spend the pocket money or how to plan your life, and I believe it is something that we’ve always got worried about at some point in life.
But ever wondered what all options do we have after an MBA, whether in Finance Or any other interest? For that, we need to understand about MBA, what is the course structure?

What is an MBA?

MBA stands for a Master’s degree in Business Administration. Let me tell you MBA is not a natural course, and knowing that, and thinking of it, we know that it is training for the responsibilities and roles which are more reliable in the world of administration. Friends, considered to be a sure scope for one of the best jobs providing programs or education degree courses in the world.

jobs after mba finance
January 14, 2022
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Table of Contents


Knowing that an MBA in Finance is one of the specializations that attract more students and is one of the oldest disciplines of management courses, it is concerned with planning, organizing, and controlling the business’ financial resources.

Courses and program

MBA is amongst the students’ most popular and well-known courses. It has a wide variety of specializations. Most colleges and universities offer MBA as a full-time whereas part-time course, by online or distance learning is also available.

For admission in any MBA course, most of the institutes require a GMAT score, but this GMAT score is not necessary for admission in distance learning or online courses. It is similar to a degree where a student is provided with core courses, but here students opt for those courses according to their interests.

MBA degree core subjects which most students choose according to their interest include Finance, Marketing, Logistics, International Business, Banking, Information Technology (IT), Human Resources ( HR), Accounting, Oil & Gas, Total Quality Management (TQM), Retail, Supply Chain, Case, Tourism & Hotels. Let’s understand what MBA finance is all about, its scope, and industries seeking MBA finance:

MBA in Finance

Now that we know what an MBA is, we can now understand it’s one of the specializations called “Finance.” So let’s discuss what the career options available in MBA in Finance are.

An MBA finance graduate has loads of opportunities available to him, waiting for him to be grabbed. It considered being the oldest course in the management program. Generally, when we hear the term finance, the first word that strikes our mind is banking, but it is clear that Finance is not limited to banking.

Finance is about handling, monitoring, evaluating, and saving funds as well as keeping a watch on its assets as Finance is a part of the capital and is required in industrial development, planning, and operating. What kind of jobs after MBA in Finance could a graduate land with is a question that often lands in the minds of the graduates, but is it to be understood that the career in this field has future growth prospects?

Career growth

Money management is always required in the course of managing both working capital and fixed capital of a company to maintain and ensure the collection and distribution of resources. It is a requirement in the age of industries that are in development all around the world.

An MBA in finance graduate has loads of opportunities with him because he possesses all the necessary skills; it’s just that all he needs to do is grab them. So it is not only limited to banking; thus, a variety of job opportunities after MBA in Finance.

In financial consultancies, companies with fields such as merchant banking, investment, and commercial banking, international Finance, Corporate Finance and, Public Finance, and even jobs, there are exciting careers, and career opportunities after MBA finance may be.

MBA Finance graduates with an accounting background could pursue degrees like CPA (certified public accountant), CMA (certified management accountant), as these certifications are internationally recognized and help to provide good career growth if you want to work abroad in American and British companies.
Cash Managers, Manager Consultants, Investment Banking Associates, Credit Managers & Specialists, Financial Analyst, Corporate Controllers, Finance Officers & Treasurers, Insurance & Risk Managers, Investment Bankers, Investing Sales Traders & Associates are some jobs that a graduate can have a career in MBA finance.

Course curriculum

MBA is a degree program of 2 years. With the eligibility to choose the subjects of one’s interest in pursuing specialization, these subjects include Finance, marketing, HR, Operation, etc. To get admission in MBA, one must be a graduate in any field that implies having a graduation degree in any discipline with a good percentage( which is generally above 50% ).
Now, we will understand more about the specialization in MBA called “Finance.”
Topics such as Business Accounting, Budgeting, Costing, Global Accounting, Equity & Bonds, and Working Capital Management help students plan for potential problems when working in any company, and help in landing a career after MBA in Finance.
Most of the time, candidates asked this question why did they choose Finance as their specialization. To answer this question, it is understood that financial crises are happening worldwide, and we’ve had that experience for a few years. Also, all countries are raising their demands massively for the qualified financial analyst to prepare and control their business in the financial sector. Hence, providing career opportunities for students with an MBA in Finance.

So we can say, an MBA in Finance is considered the most sought for program in the world corporate financial sector and is one of the most job providing courses.
In this course, the students offered the knowledge and skills of analytical thinking, continuous process, the concept of managerial decision, maintaining a balance between risk & profitability, coordination process, and centralized nature.

Benefits of MBA in Finance course

One can initially join as a trainee or finance manager at companies with job responsibility of reviewing financial accounts or the trust of planning in investing operations. One should apply for organizational work, which is inclusive of all the fields of Finance. After completing this course, one can also prefer to go to further advanced research studies. Once a candidate enters a job related to finance, his advanced knowledge through MBA benefits both ie, the company and the employee. The advanced expertise in Finance through MBA is an added advantage that helps the company compete with international standards. Understood thus, the requirement of MBA finance can never be undermined by any financial institution, and as of date, MBA (Finance) is a necessity for the overall success of a Company. It is in this context that an experienced MBA(Finance) determines his salary after a point of time.


To get admission in MBA with any specialization, it is necessary to appear and score in GMAT 2020 or CMAT 2020 (Graduate Management Admission Test/ Combined Management Admission Test). Some of the affiliated universities conduct their admission examination. Yes, you can do an MBA in Finance through the distance learning education program. Some of the universities like Sikkim Manipal University and Indira Gandhi National Open University (IGNOU 2020) are offering the distance MBA program. Some of the Indian Universities do not hold the entrance test for online education. Exams such as XAT, CAT, MAT, ATMA, SNAP, etc. are used by some prestigious institutions that offer MBA programs.

According to sarvgyan, “IIM, Ahmedabad, Bangalore, Calcutta, Indore, Lucknow, Xaviers Labour Research Institute Jamshedpur and institute of foreign trade new Delhi” are the top institutes that offer MBA in Finance and could lead to a career for graduates of MBA in Finance.

Jobs & Career

Finance MBA can work in both banking as well as the non-banking side. They can work in the corporate world and are needed by every industry for maintaining a balance in the capital. These graduates also have an opening towards government as well as private financial sectors.


On the paying side, this, of course, is one of the most paying courses to be considered. Anyone who is qualified and has attained the skills needed is regarded as the one who can earn a salary of their own choice. Similarly, the salary of MBA finance depends on their work experience, qualifications, recruitment, and location. In the beginning, a financial manager can earn an average salary of around Rs. 3-4 lacs; however, with the gain of experience and practice, the wage increases fast.

As for the investment bankers, the field is generally masters in economics, and finance stock is also recognized for suitable candidates, but the MBA in Finance can become one. The salaries are usually commission-based for freshers, whereas experienced professionals work as consultants on very high wages following the company’s financial worth. The freshers are earning Rs10 – 15 lacs per annum, whereas consultants salary goes as high as Rs 50 lacs – 1 crore per annum, making it one of the highest-paid jobs in India.

These are some of the job profiles that graduates can have as jobs after MBA finance.

Investment banker

It is one of the careers considered one of the right paying positions in the country as the job mainly revolves around spending the capital in such a way that it yields the highest returns and may be marked in your dream job list. The career profile of an investment banker is somewhat different from the usual job profiles. The skills depend more on speculations matching with deep research work in the field of economics and finances. The experience desired is chronic knowledge of statistics and analytical expertise for deciding on future investments. This job profile is highly paid in the industry and is also a fast-paced one.

Corporate Banking

In Corporate Banking, the job involves getting to other areas of the bank, which aims to manage the bank’s products in markets, treasury, commerce, transactions, and debt capital markets and assist in the execution of trades. The average salary of a corporate banker expected to be around 10 lacs per annum. You are therefore marking it as one of the careers after MBA in Finance. The starting pay scale depends on the business school you have attended, that means the one you’ve graduated from mostly. Therefore we can say that the finance guys easily make money.


Some of the recruiters, such as Goldman Sachs, Morgan Stanley, Merrill Lynch, Bain & Co, and consulting agencies like Boston Consulting Group, JP Morgan, Deutsche Bank, and McKinsey, are some of them the recruiting firms that almost hire MBA graduates with a Finance specialty. Both Public and Private Sectors advertise for the required posts from time to time in leading newspapers and employment news. One has to be watchful about these job opportunities by keeping regular watch.

You can also view our article on careers in accounting and finance.

Final Thoughts

If you still think none of these options are where your interests lie, you can always turn to education as a career option. The world will never be in shortage of good teachers who are willing to educate the next generation. Chegg is an education-based company, the main aim is to help students build their careers. It is one of the best options of the online earning website for students, professionals whoever has expertise in any of the subject matters like Accounts. Psychology, Computer Science, and many more.

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