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Executive MBA in Finance: Propel Your Leadership Journey in Finance

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Kamaldeep

30 December, 2023

Executive MBA in Finance: Propel Your Leadership Journey in Finance

Executive MBA in Finance is the perfect course to kickstart your career in future leadership roles. Furthermore, after completing the course you would be able to apply on various platforms. The average salary varies for each role, university and company, starting from 05 lacs/annum to 30 lacs/annum.

The duration of an Executive MBA in Finance course varies from 1-2 years depending on the university coursework. The coursework is available in both online as well as offline modes all around the globe. The online course would allow the working professionals to cover the MBA degree from a distance and yet be in touch with the faculty, peers and alumni.

What is an Executive MBA in Finance?

Executive MBA in Finance is a postgraduate course, with an average duration of 02 years.

An Executive MBA (EMBA) is the next step for professionals who are prepared to work in a higher-ranking position after earning a significant amount of professional business experience. Among the topics covered are accounting, finance, and leadership courses.

The Executive MBA in Finance programme is intended for experienced financial industry professionals who want to advance their careers through academic achievement. In addition to a strong MBA foundation, this degree focuses on topics that are specifically connected to finance, such as international corporate finance, bonds, derivatives, and trading.

Course Name Executive MBA in Finance
Course Type Master’s Programme
Modes Full-Time, Part-Time, Distance, Online
Eligibility Graduate in any field with a minimum of 50% marks in aggregate from a recognised university
Duration 2 Years
Salary Range INR 5 to 40 LPA depending on your previous work experience and company
Employment Roles – Senior Accountant
– Chief Executive Officer (CEO)
– Chief Marketing Officer (CMO)
– Area Operations Manager
– Technical Operations Manager
– Finance Manager
– Business Development Manager
– IT Manager

 

Related: What is an Executive MBA? A Comprehensive Guide

Why Go for an Executive MBA with a Specialisation in Finance?

As an important part of the Executive MBA programme in Financial Markets, the programme delivers students hands-on experience learning in contemporary financial markets.

Moreover, the Executive MBA programme is specially crafted for working professionals who can pursue it while working full-time. This course allows working professionals to take online classes at their own pace.

The majority of Executive MBA classes take place in the evening, on holidays, as well as weekends. Being the first programme of its type in India, the Executive MBA in Financial Markets offers a genuine and unique experience. By integrating a thorough examination of capital market operations with a broad education in business, finance, and accounting, the programme equips students for demanding roles in top banks, financial institutions, brokerage houses, intermediaries, and regulatory agencies that oversee the world’s financial markets.

Here, we have listed a few advantages that an Executive MBA with a specialisation in Finance offers:

  • Comprehensive Knowledge

The EMBA in Finance programme is a postgraduate degree programme that provides students with extensive knowledge of a variety of financial topics, including resource allocation, investment, management, trading, analysis and control.

  • Experiential Learning Opportunities

As a professional degree, an Executive MBA in Finance will provide you with several opportunities to apply the knowledge you study in the classroom into practice. Thus, to understand the real-world implementations of different tools and concepts, you will have the opportunity to work on a variety of assignments, internships, seminars, case studies, etc.

  • Networking Opportunities

The Executive MBA in Finance course would furthermore provide you with various networking opportunities including connection with alumni, connections and internships with many leaders from across the finance world. Furthermore, an online course is available to connect to your role models around the world with just a click.

  • Help Develop an Entrepreneurial Aptitude

Combining a thorough understanding of business, finance, and accounting with an in-depth examination of capital market operations, the programme prepares students for demanding roles in top banks, financial institutions, brokerage houses, intermediaries, and regulatory agencies that oversee the world’s financial markets.

  • Placement Opportunities

The majority of institutions provide comprehensive placement services, which include assistance in developing skills, creating resumes, preparing for interviews, and creating portfolios. You will have an advantage over your competition. In addition, the job fairs and placement drives that the institutions host will present you with a wealth of options.

Who Can Go for an Executive MBA in Finance?

The Executive  MBA in Finance does not have an age limit by most universities. The course itself has an in-depth experience learning in contemporary financial markets. This is accomplished through sessions held in the simulated securities-dealing environment of ITM’s Business Simulation Lab. The course is well suited for Finance professionals who are looking to assume more serious roles in an organisation. Individuals who are looking to make a career shift into the world of Finance can also opt for the course.

 

Related: Top 7 Executive MBA Specialisations in India

Executive MBA in Finance Curriculum

Semester 1 Semester 2
Management Theory and Practices Introduction to Business Management
Business Communication Organisational Design, Change and Transformation
Research Methodology and Statistics Behavioural Science
Information Systems for Managing Business Organisational Behaviour
Financial Accounting and Reporting Decision Sciences
Managerial Economics Corporate Finance

 

Semester 3 Semester 4
Operations Management Legal Aspect of Business (S)
Cost & Management Accounting Marketing Management
Managerial Economics Venture Management
Advanced Data-Analysis Digital Marketing & E–Commerce
Macroeconomic Theory and Policy Management Human Resources

 

Semester 5 Semester 6
Operations Management Legal Aspect of Business (S)
Cost & Management Accounting Marketing Management
Macroeconomic Theory and Policy Management Human Resources
Advanced Data Analysis Digital Marketing & E–Commerce
Managerial Economics Venture Management

Eligibility Criteria For MBA in Finance

The requirements for EMBA in Finance are mostly the same as those for other management programmes. Applicants should verify the official website before applying to reputable universities for admission to an MBA programme in finance.

  • Graduate from an accredited university in any discipline with a minimum of 50% of your total points.
  • Some universities may require a valid score from any management aptitude test or top MBA entrance exams, such as the CAT, MAT, GMAT, GRE, or XAT.
  • A work experience of 2-4 years is required to pursue this course. This requirement may vary as per the institution.

Entrance Exams for EMBA in Finance

Exam Name  Exam Date 
CAT 2024 04th December 2023
CMAT 2024 April 7 – June 29, 2024
XAT 2024 8th January 2024
MAT 2024 April 7 – June 29, 2024
NMAT by GMAC 2023 October 16 – December 15, 2023
SNAP 2023 10th December 2023

Programme Fee

Several factors including the university, the student’s location, the mode of study, and more, affect the cost of the Executive MBA with a Finance specialisation. That being said, the programme’s typical tuition costs between INR 1,00,000 and INR 40,00,000.

How to Choose the Right Executive MBA in Finance College?

There are several aspects to consider when choosing an institution for your Executive MBA programme in Finance. Your passions, goals, location, study technique, financial situation, and other factors are some examples. You must, therefore, consider several factors, including the college’s curriculum, location, cost, placement services, and experiential learning possibilities, before deciding on the one that best suits your career aspirations.

Executive MBA with Specialisation in Finance Career Opportunities

Job Role Description
Financial Analysts Financial Analysts are valuable assets to any business and one of the main reasons why the position is in such high demand. Despite having several duties, one of the most crucial ones is assessing the effectiveness of financial planning techniques in forecasting the company’s financial situation. In addition to this, they have to forecast future income and expenses, estimate capital budgeting for projects, and develop cost structures.
Finance Manager In addition to greater financial planning, the Financial Manager’s role is to strategise the company’s present and long-term objectives. They have a multitude of significant tasks to complete at work. Because they can work in a variety of industries other than finance, like healthcare, banking, and so on, their employment function is quite flexible.
Chief Financial Officer (CFO) A CFO’s responsibilities include creating financial plans for an organisation and implementing efficient risk management techniques. CFOs must be knowledgeable about every financial topic, from accounting to financial operations planning, due to the wide range of tasks they must complete.
Accounting Manager The primary responsibility of an Accounting Manager is to guide and support the accounting staff as they work on various projects. They are also responsible for assessing a company’s accounting rules and helping to create them.
Credit Manager A Credit Manager or specialist boosts sales while reducing bad debt for the organisation. This includes assessing a potential customer’s creditworthiness as well as regularly evaluating an existing customer. Making sure the company’s credit risks are in line with its financial goals and risk tolerance is the aim.
Equity Researcher As an Equity Researcher, you research the market and specific companies in-depth and produce comprehensive reports based on your study. For this position, a solid understanding of finance and up-to-date market knowledge are essential. Gaining success in this field can lead to managing your finances and portfolio, but it all starts with having the analytical abilities necessary to evaluate a company’s performance.
Investment Bankers Investment Bankers are essential for raising funds for governments, businesses, and other entities. They are hired by financial institutions. Connecting investors with different organisations that require funding is one of their main duties. Strong number-crunching abilities and dependable oral and written communication skills are prerequisites for the notoriously lucrative industry of investment banking.
Risk Manager A Risk Manager’s job in an organisation is to identify possible threats, suggest preventive actions, and see to it that those actions are taken to minimise expenses and harm should a risk materialise. One of the preventive actions could be taking steps to reduce the likelihood of having to get insurance to cover the loss if it happens.
Corporate Controller Another well-liked career path for graduates with an EMBA in Finance is becoming a Corporate Controller. A Corporate Controller oversees the budgeting process and processes payroll, thus they must have an in-depth understanding of how budgeting operates. Their role encompasses both accounting and finance.

Average Salary

Job Role Average Salary
Financial Analysts Average Salary: ₹ 4.5 LPA
Highest Salary: ₹ 12.1 LPA
Finance Manager Average Salary: ₹ 12.5 LPA
Highest Salary: ₹ 30.0 LPA
Chief Financial Officer (CFO) Average Salary: ₹ 45.8 LPA
Highest Salary: ₹ 101.0 LPA
Accounting Manager Average Salary: ₹ 5.5 LPA
Highest Salary: ₹ 15.0 LPA
Credit Manager Average Salary: ₹ 5.9 LPA
Highest Salary: ₹ 12.8 LPA
Equity Researcher Average Salary: ₹ 6.0 LPA
Highest Salary: ₹ 23.0 LPA
Investment Bankers Average Salary: ₹ 4.0 LPA
Highest Salary: ₹ 40.0 LPA
Risk Manager Average Salary: ₹ 9.8 LPA
Highest Salary: ₹ 25.6 LPA
Corporate Controller Average Salary: ₹ 21.0 LPA
Highest Salary: ₹ 97.0 LPA

Check More Here: Top 9 High Paying Job Opportunities After MBA in Finance

Top Colleges for Executive MBA in Finance

College Fee
Symbiosis Institute of Management Studies INR 5,00,000
IIM Calcutta INR 34,00,000
Faculty of Management Studies INR 2,00,000
Jamnalal Bajaj Institute of Management Studies (JBIMS) INR 4,00,000

FAQs

Q1. How can I apply for an Executive MBA in Finance?

You can apply online, check the list of colleges and apply on the website online. If the university does not have an online option you can download the application and submit that, but most universities have adopted an online application. You can always check the official website of the university that you are willing to apply to and check out their application procedure.

Q2. Is it part-time or online?

The executive MBA Finance course is available both part-time and online, depending on the university that you pick. Check out the official website of your dream university to know more about this.

Q3. What is the selection process?

Many universities have entrance exams and interviews after you pass the cut-off of the entrance exam. The process includes applying for an application, submitting your required documents, paying the application fee, entrance exam followed by an interview afterwards.


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