While roles such as trader and analyst are accessible to candidates from a wide range of financial backgrounds, an investment banker position usually requires the high-profile skills and business acumen that only an MBA can give you.
Let's talk about jobs which are offering the highest MBA salary in India.
- Investment Banker. Investment bankers are involved in raising money in capital markets and providing financial advice for both private companies and the government.
- Project Manager.
- Consulting.
- Business Development Manager.
- Marketing Manager.
Most In-Demand MBA Specializations
- General Management. Of all the specialized MBA programs, General Management is consistently one of the most popular.
- International Management.
- Strategy.
- Consulting.
- Finance Leadership.
- Entrepreneurship.
- Marketing.
- Operations Management.
5 MBA in Investment Banking Colleges in India
- LPU - Lovely Professional University. Jalandhar. 4.2.
- National College, Thane. Thane West, Thane. Investment Banking Courses.
- Chandigarh University (CU) Chandigarh. 4.2.
- IZee Business School. Electronic City, Bangalore. 4.5.
- Orange School of Business. Nagpur. Investment Banking Courses.
MBA in Banking and Finance is a 2-year full-time postgraduate banking course offered by various institutes in India. The basic eligibility to pursue this course is that the student should have a qualified bachelors degree in Banking or any equivalent degree with 55% of marks from a recognized university.
Goldman Sachs offers employees tuition assistance to pursue MBAs as well as MBA fellowships to first-year business school students.
Most investment banks prefer degrees in finance, accounting, business administration, and other business disciplines. Undergraduate degree subjects are less influential in the hiring process if a candidate has a master's degree in business administration, finance, or another highly relevant subject.
Investment banks are interested in hiring graduates from all subject areas, not just finance. But certain degrees can help give you key transferable skills and knowledge. Mathematics, economics or business degrees can be a good choice, as can specialist finance degrees such as banking and finance.
What is the acceptance rate for Wharton MBA?
Most banks will admit that they do see a correlation between eventual success as a junior Investment Banker with SAT/GMAT scores above the 90th percentile in the same way that a high school senior's ability to handle the rigors of a top school can be predicted on his verbal, math, and writing scores.
Getting into investment banking with no work experience
- It's almost impossible to stress enough how important this is.
- All contacts with your employer must come from your side and must be done in person or at least via telephone.
- Take as many courses and training as you can and then list them on your CV.
Finance. Finance is an MBA-heavy field. Most financial analysts and portfolio managers already have an MBA or are earning one. Although some finance jobs don't require an MBA, having yours will help you stay competitive.
So, how difficult is an MBA program? Earning an MBA certainly isn't without challenges, but it's those very challenges that make the experience so rewarding. With the right mindset and a willingness to stretch yourself, take risks and ask for help, it's possible to overcome them and succeed.
You may have a desire to earn over $100,000 a year as a first-year analyst in New York City, but you need to remember that investment banking is not just a high-paying job, but is also a high-stakes, high-pressure job. The job includes financial modeling, valuation, long hours & high pay.
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.
Dear Aspirant, For a person working in a Bank, MBA definitely is a good option and particularly in private banks. MBA Finance and Banking can definitely help in growth to managerial levels along with core banking knowledge.
MBA finance: It is a career field which requires one to possess skills in mathematics, economics, and financial theory, all of which are covered in great detail in a finance degree, specialization or track. If you like numbers finance is a good options. It is relatively tougher when you compare it with marketing.
Some of the most desirable businesses that MBA graduates aim for, fall in the banking and finance sector. Top investment firms like Morgan Stanley, JP Morgan, etc. and banks like HDFC, Bank of America, Wells & Fargo Co., etc. are popular choices among business graduates for a shining career.
For government jobs you should prepare for Banking exams. For banking jobs in private sector you should do MBA first. You can become manager only after few years of experience whether you join them after MBA or after qualifying an exam.
