MBA Finance Careers
MBA Finance Careers
MBA Finance Careers
Accounting or financial managers are the people responsible for overseeing and maintaining the financial strategy and history of a company.
The accounting manager is focused more on financial reporting, while the financial manager is focused on strategy and money management.
Finance has been one of the more popular choices for MBA focus or concentration.
A finance MBA can offer numerous possibilities and can be an effective tool to help with promotions in the professions discussed below.
Most prospective jobs for finance MBAs fall within investment banks, corporations, and securities firms. Many finance MBA graduates also
follow careers in the consulting industry .
Financial analysts and mangers play an important part in mergers and global financing and expansion. Highly specialized knowledge in
these areas is an important asset to the financial manager and his or her employer to maximize potential profit and reduce risk. Many
companies utilize globally active consulting firms exclusively for these purposes.
Accounting Managers
Accounting managers working in a corporate setting perform responsibilities relating to tax reporting and management, and creating income
statements inside of controller and audit groups. This career path may bring one to the positions of corporate treasurer, corporate controller,
or CFO (chief finance officer). Professional accountants working for a public accounting company will perform functions similar to those
performed by independent audit or tax consultants. An educational history or background based in accounting, either as a Masters degree or
as a finance MBA, will give you some of the coursework you need to have in order to take the CPA (Certified Public Accountant) exam.
Corporate Controllers
A controller is someone who is in charge of preparing a company’s financial reports to forecast and sum-up the company’s financial situation.
The statements a controller would get together consist of balance sheets, income statements, earnings analyses, and expense analyses.
Regulatory agencies may also require special reports from companies. Controllers prepare these reports. In addition, a controller will
frequently be over the budget, auditing, and accounting departments of a company.
Cash Managers
The Cash Manager is responsible for overseeing and controlling cash flow, both accounts receivable and accounts payable. He or she is
also responsible for ensuring that the cash position of the company is sufficient to meet current and forecasted needs, or whether
adjustments in investment quantity and type are necessary.
Risk and Insurance Managers
Business operation and transactions involve a certain amount of risk. Risk managers and insurance managers work to minimize the amount
of loss a company incurs and the amount of risk it is exposed to.
Management Consultants
Management consultants work to help companies with a wide variety of problems and issues. Everything from profitability improvement to
corporate restructuring to financial strategy. The MBA going into this field should have either an expert understanding of a wide base of
knowledge, or be highly skilled in two or more sub groups. The management consultant will also help companies with cash management and
emerging market analysis.
Investment Bankers
An investment banker will work together with corporations needing capital to grow and institutions or investors who have money available to
invest. An MBA is an enormous asset in this field as the investment banker will be giving investment advice to his or her clients regarding
raising capital. Most investment banks have a corporate finance division that assists clients in structuring financial instruments such as
stocks or bonds to raise capital.
The mergers and acquisitions departments of investment banks provide consulting services to companies in the process of merging or
acquiring other companies or organizations. Organizations wishing to acquire, dispose of, or invest in real estate will deal with the real estate
division of an investment bank. Equities research and consulting for private clients are also frequently chosen as career paths for MBAs with
focus in investment banking.
While MBA skills and knowledge are not explicitly required in this field, they do come in as very valuable in enabling a person to understand
the economic principles that drive the financial markets. Investment traders and sales associates assist corporate or institutional investors in
the purchase and sale of securities such as stocks and bonds. The sales associate makes recommendations and helps with the analysis,
while the trader actually executes the orders for the client.
I have done my post graduation diploma in computer applications from sahiti infotech
vizag.
As a part of our course curriculum I have done my industrial intern ship program with
Krishna bhima local area bank which is a subsidiary of BASIX INIDA LTD.
the organization is the first kind of local area bank in india which is into micro banking.
The bank is set up in three contagious districts and serves to the needs of poor and its
is basically into rural financing, I have been assigned to study the pitfalls that are
hampering the growth of the organization and to draw stratagies to overcome them.
I have visited various competitors and made SWOT analysis for the BANK.
Later I have made a performance monitoring research where I visited existing and
potential customers of the bank to understand the backdrops of the banks policies and
products and even to understand the customers needs.
to patch up the gaps I have suggested a few financial and marketing strategies to the
bank.
Coming to my hobbies, I love travelling to new places, listening music and socializing
with people.