The MBA is one of the most popular professional postgraduate degrees in India. Students gain knowledge and skills in finance and business domains, including investment strategies, insurance, financial challenges, and local as well as global economics.

The MBA in finance specialization opens up doors to lucrative job positions at senior-level positions in the finance department of various organizations across industries.

If you are looking for information on career opportunities after MBA in finance, then you have come to the right place. This blog enlists some of the best career options for an MBA graduate.

1. Investment Banker

An investment banker is an individual who helps raise funds for organizations. They carry out detailed analyses to identify opportunities and risks associated with a particular project.

An investment banker should have extensive knowledge about analyzing and managing assets, monitoring the finance and stock market, mergers, acquisitions, and investment strategies.

Some of the top companies which hire investment bankers are Goldman Sachs, J.P. Morgan Chase, and Deutsche Bank. They offer lucrative salaries, perks, and incentives.

The annual salary of an investment banker ranges from INR 2,00,000 to INR 29,60,000, depending upon the organization, skills, and experience. Individuals can earn even more if they join a reputed organization.

2. Financial Consultant

As the name suggests, financial consultants are primarily tasked with providing financial advice to their clients. They carry out in-depth research on the current financial situation and provide solutions that can help enhance the financial prospects.

Financial consultants are required to have excellent analytical, critical thinking, management, and communication skills. They can work with organizations or as an independent freelancer.

Some of the reputed organizations where you can land a role as a financial consultant include McKinsey, Deloitte, and PwC. The salaries are highly attractive with additional bonuses and perks offered.

As per Glassdoor, the average annual salary of a financial consultant in India is INR 6,45,346, with an additional average cash compensation of INR 1,00,000.

3. Bank Manager

A bank manager is responsible for overseeing and managing the day-to-day operations of a bank branch. The responsibilities of a bank manager include ensuring the smooth functioning of the branch, ensuring quality services to the customers, monitoring sales targets, and reporting to the head branch.

Individuals can opt for private or government banks based on their preferences. They will have to clear an entrance exam and interview round to enter the banking organization. They can then become a bank manager after gaining a few years of experience.

Some of the top institutions where you can find opportunities as a bank manager include HDFC Bank, ICICI Bank, Bank of America, and Barclays Bank. You can earn an average annual salary of INR 8,00,000 per year, as per AmbitionBox.

4. Portfolio Manager

A portfolio manager manages clients’ investments in stocks, mutual funds, and other assets and advises them on key decisions regarding buying, holding, and selling. They ensure that clients get the best possible returns on their investments.

Some of the top skills required to be a portfolio manager are analytical and critical thinking, decisiveness, tenacity, communication, and humility.

You can work independently as a portfolio manager or join reputed organizations like Wells Fargo, JP Morgan, and Bank of America.

Portfolio managers earn an annual average income of INR 7,00,00 in India.

5. Asset Manager

As the title suggests, asset managers are responsible for managing and monitoring a company’s assets. The assets can include money, stocks, properties, investments, and other financial products. Asset managers are aimed at maximizing the client’s returns on the assets.

Some of the top companies hiring for asset manager roles are UBS, BlackRock, Kotak, L&T, Tata, Wipro, and Aditya Birla Group. You can expect an average annual salary of INR 8,64,071 as an asset manager in India.

The job position of an asset manager is one of the most important profiles in the finance domain. You can have a positive and highly rewarding career graph as an asset manager.

6. Research Analysts

The job profile of a research analyst involves researching, examining, and validating the accuracy of the data to ensure it produces meaningful information.

They use mathematical, analytical, and statistical analysis and modeling to discover business opportunities. Some of the key skills required include attention to detail, logical reasoning, communication, presentation, and organizational skills, to name a few.

Some of the top companies hiring research analysts include CRISIL, Deloitte, Nielsen, Reuters, and Tata Consultancy Services. You can expect an average annual pay package of INR 4,80,000 as a research analyst.

7. Chief Financial Officer

The position of Chief Financial Officer (CFO) is one of the seniormost and coveted positions in an organization. CFOs are responsible for monitoring and managing the overall finances of an organization. They work directly under the CEO and offer sound advice on finance and business plans.

You won’t be able to land a job as a CEO right after completing MBA in Finance. You will need to join a junior or mid-level position in the finance department and rise the ranks gradually to become the CFO.

It is no secret that CFOs earn a handsome package along with additional perks, irrespective of the size and scale of the organization. On average, a CFO earns an annual base salary of INR 34,70,309. On top of that, they are eligible for bonuses and incentives based on their performance.

8. Corporate Finance

If you are looking for job opportunities after MBA in finance, you definitely check out the field of corporate finance. It has a huge scope after MBA in finance as it deals with corporate funding and the capital structure of corporations. 

You can become a corporate finance manager or a financial consultant for different organisations based on your education, experience, and expertise. 

The role of people who work in corporate finance isn’t just limited to managing the corporate money but also enhance the value of a respective firm in shareholders’ eyes in case the company is listed. The three main fields of corporate finance for an organisation are capital budgeting, capital structuring, and working capital management. 

9. Equity Research

One of the most attractive career options in MBA finance can be in the field of equity research. An equity research analyst typically analyses and recommends the correct time to buy, hold or sell stocks. 

The services of an equity research analyst are sought by banks and their clients alike. It is that field of investment banking that enables portfolio managers to make well-informed decisions. 

There is a lot of scope for growth in their field and experience can play a vital role in helping a person climb up the ladder of success in the field of equity research.

10. Risk Management

If you are wondering ‘what to do after an MBA in finance’ we suggest you read along. If you are a project lead or work in the term that does risk management, you will analyse the business, nonbusiness and financial risk that a particular project can incur for the organisation. You will also analyse the strategies that are currently deployed for risk management and suggest any effective changes that can optimise the effectiveness of the same. 

No matter if you are a new or experienced finance professional, risk management poses as one of the most sought-after and lucrative job options for people across the globe as they guide an organisation to accept, transfer, avoid or reduce their risk.

11. Financial Analyst

A financial analyst is instrumental in the sound growth and development of an organisation. He/she will require impeccable mathematical skills as the role of a financial analyst would entail data readings and inferences. 

He/she will interpret and undertake several research tasks to put together an effective investment strategy for a company or its clients. 

It is one of the most high-paying jobs in the finance sector and definitely one of the most attractive career options after an MBA in finance.

12. Financial Consultant

Financial consultants are people who align the internal financial needs of an organisation with the commercial teams to generate more business and profits for an organisation. In a nutshell, the role of a financial consultant would be to assess a company’s financial structure, oversee investment plans, and advise on capital expansion in the form of loans, funding, etc.

The ambit of a financial consultant’s role can include areas like operations, IT, management, finance, marketing, etc.

13.  Investor Relations Manager

An investor relations manager has an interesting job profile that entails communicating a company’s financial results, strategies, and prospective plans to everyone who is interested in those details of the organisation. 

An investor relations manager will communicate the information to the company’s shareholders, employees, and members of the management. It will also entail relaying the information to market analysts who will draw up meaningful inferences from the information.

Conclusion

There are a plethora of lucrative, highly-rewarding job opportunities for individuals after completing an MBA in finance. They can start at junior level positions and progress to top positions like CFO. 

Moreover, they can also work independently and earn equal, if not better, pay as consultants and advisors. Thus, there is no dearth of job options after an MBA in finance.

If you are looking for more career guidance, we recommend you Join Seekho Select Membership today. The membership unlocks access to live webinars, career guidance sessions, and courses that will help you embark on a rewarding professional journey in the field of finance.

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