They can achieve their goal of becoming an MBA professional through a Part-Time MBA in Finance program. The Part-Time MBA in Finance program is now offered by a wide variety of MBA institutes in India. Top Indian universities like MDI, IMT, Symbiosis, and NMIMS all offer excellent Part-Time Master of Business Administration (MBA) programs. In addition, the Part-Time MBA in Finance offered by IIMs has helped popularize the idea of taking such courses. Full-time Master of Business Administration (MBA) in Finance and Postgraduate Diploma in Management (PGDM) in Finance programs are offered by several of India's top management schools, but not everyone has access to them.
Part-Time MBA in Finance covers a wide range of topics in the financial sector, including concerns with financial management in businesses and financial organizations as well as financial organization, operations, and challenges facing the whole economy. Students who complete this degree will have the intellectual grounding and resources needed to handle significant real-world problems in a profession focused on finance. For management roles in corporate finance, investment management, and other branches of banking and finance, this curriculum provides the ideal preparation.
The curriculum for the Part-Time MBA in Finance examines a range of core issues in banking, corporate assessments, accounting, and financial analysis. The Open and Distance MBA in Finance has courses that are heavily focused on basic analytics, including financial and management accounting, statistical analysis, and corporate finance, laying the groundwork for graduates to excel in the field of international finance.
The Full-Time MBA in Finance course schedule and content are comparable to the Part-Time MBA in Finance. Because part-time MBA programs take place on evenings and weekends and after typical business hours, they are more flexible than a Full-Time MBA. Part-Time MBA in Finance programs are great for those looking to advance their careers or those who are already employed. They form partnerships and might interact directly with other professionals.
The demand for students with Part Time MBAs in Finance degree is constant. After earning Part-Time MBA in Finance, opportunities in marketing, finance, operations, financial organization, and other fields are available.
Course Highlights: - Part-Time MBA in Finance
Check all the important details about the Part-Time MBA in Finance from the table given below:
|Course Name||Part-Time MBA in Finance|
|Course Duration||2 Years to 3 Years|
|Eligibility Criteria||Graduation in any discipline with a minimum of 50%|
|Entrance Exams||CAT, XAT,GMAT, SNAP, NMAT, CMAT|
|Admission process||Entrance Exam + Group Discussion + Personal Interview (GD-PI)|
|Examination Type||Semester based|
|Age||No age limit|
|Average Annual Fees||INR 1,00,000-10,00,000|
|Average Annual Salary||INR 6,00,000-15,00,000|
|Top recruiters||ICICI Bank, HDFC Bank, Axis Bank, Amazon, TATA Consultancy Goldman Sachs, J.P. Morgan, Citibank, Deloitte, KPMG, Ernst & Young|
|Job Profiles||Financial Analyst, Investment Banker, Portfolio Manager, Risk Manager|
A Part-Time MBA in Finance program is the best choice for those who wish to keep working while earning their degree. The two best things about doing a part-time MBA are the freedom to attend Part-Time MBA in Finance programs whenever it suits you and the absence of time commitments. Like any other degree, Part-Time MBA in Finance has advantages and downsides.
(i). You can often focus on improving your leadership skills without leaving your job by studying for Part-Time MBA in Finance with placement.
(ii). The career development that working professionals who enroll in the top part-time MBA programs receive after completing the courses is more directly related to their job. The finest business schools like IIMs, FMS, IIFT, and Delhi University are just a few of the organizations that provide Part-Time MBA in Finance programs.
(2). Admission Process for the Part-Time MBA in Finance Course
An application for a part-time MBA is quite similar to one for a Full-Time MBA. The procedure and the prerequisites are both the same. Several procedures are used to provide admission to part-time MBA programs. Admission to Part-Time MBA institutions is often determined by both entrance and merit exams.
Types of Part-Time MBA in Finance Courses
Here are some of the common types of Part-Time MBA in Finance courses offered by different institutes and universities:
(i). Part-Time MBA with a Finance Specialization: This program Part-Time MBA with a Finance Specialization takes place on evenings and weekends and after typical business hours, they are more flexible than a full-time MBA.
(ii). Executive MBA (EMBA): These programs are created for individuals in the workforce who have significant managerial experience. These programs are designed to satisfy the demands of executives looking for advanced financial knowledge and skills and often provide a specialization in finance.
(iii). Weekend MBA in Finance: Programs for working professionals who can attend classes on the weekends while maintaining a full-time job are called weekend MBAs. These courses enable professionals to expand their financial knowledge without interfering with their workday because they frequently offer a concentration in finance.
The eligibility requirements for the Part-Time MBA in Finance are less strict than those for the standard MBA. The objective of this program is to identify applicants who are employed, professionals.
(i). A minimum of 50% in any of the following degrees B.A., B.Com., B.BA., B.Tech., or B.Sc or an equivalent grade point average (CGPA) must have been earned in the applicant's field of study at an accredited university.
(ii). An average of between three and five years of job experience is required of applicants.
(iii). Only a few institutions that offer part-time MBA degrees include an age restriction. Some institutions specify that the applicant's age should be between 27 and 50 years old.
The majority of MBA schools/colleges in India favor applicants who have passed admission tests. Students must take the entrance exam and pass the cutoff to get admitted to the best Part-Time MBA in Finance in India.
(i). Students must submit an online application to the institute, which is available on the website of the institution.
(ii). Students must take the entrance exam and achieve the necessary cutoff after completing the enrolment form and completing the application cost.
(iii). The university admissions office will receive applications from candidates who pass the entrance exam.
(iv). The university evaluates a pool of submissions and determines whether the applicants' entrance test scores satisfy their requirements.
(v). Candidates who receive the required scores are contacted for individual and group interviews.
(vi). Admission is granted if all of the required paperwork is in order and the test results are accurate. Entry tests for Part-Time MBA in Finance.
Below is a list of some of the entrance exams for pursuing a Part-Time MBA in Finance
After getting their degrees, many people look for Part-Time MBAs in Finance jobs. This is because people expect someone with an MBA to work as a boss in many different kinds of businesses. A good manager can do well in several different jobs and responsibilities. A boss not only knows how to talk to people well but also needs skills in how to inspire and lead them. Here are some of the skills required for a Part-Time MBA in Finance:
|Investment Management||Critical Thinking|
|Corporate Finance||Analytical Skills|
|Economic Analysis||Time Management|
The Part-Time MBA in Financecosts consider those components like location, faculty, demand, infrastructure, and the resources to which students may also have access all important factors. In India, the average cost of a Part-Time MBA in Finance
|Name of College||Average Annual Fee(INR)|
|XLRI Xavier School of Management, Jharkhand||INR 14,00,000|
|NMIMS School of Business Management, Mumbai||INR 16,00,000|
|IIM Raipur - Indian Institute of Management, Raipur||INR 8,00,000|
|Management Development Institute, Gurgaon||INR 10,00,000|
|K J Somaiya Institute of Management, Mumbai||INR 4,00,000|
|Birla Institute of Management Technology, Greater Noida||NA|
|UPES, Dehradun||INR 5,00,000|
|IIM Nagpur - Indian Institute of Management, Nagpur||INR 15,00,000|
|Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai||NA|
|Manipal University, Jaipur||INR 1,50,000|
|AIMS - Atharva Institute of Management Studies, Jaipur||INR 1,80,000|
|Prestige Institute of Management and Research, Indore||INR 80,50,000|
|Guwahati University – GU, Guwahati||INR 16,95,000|
|Delhi University (DU), Delhi||INR 12,00,000|
|Symbiosis Centre for Management & Human Resource Development, Pune||INR 6,00,000|
|MEASI Institute of Management, Chennai||INR 90,40,000|
The selection process for aPart-Time MBA in Finance involves multiple steps. Applicants submit applications, take entrance exams, and undergo personal interviews to assess their knowledge, communication skills, and desire for the program. The overall process evaluates candidates' academic skills, work experience, and personal qualities to ensure a good fit for the school.
Part-Time MBA in Finance v/s Part-Time MBA in Financial Markets
|Parameter||Part-Time MBA in Finance||Part-Time MBA in Financial Markets|
|Course Name||Part-Time MBA in Finance||Part-Time MBA in Financial Markets|
|Course Overview||Part-Time MBA in Finance covers a wide range of topics in the financial sector, including concerns with financial management in businesses and financial organizations as well as financial organization, operations, and challenges facing the whole economy. Students who complete this degree will have the intellectual grounding and resources needed to handle significant real-world problems in a profession focused on finance.||The main objective of a Part-Time MBA in Financial Markets is to impart thorough knowledge and abilities linked to the fast-paced world of financial markets. Students who complete this course will have a better understanding of different financial instruments, investment methods, risk-management measures, and regulatory frameworks.|
|Duration||2-3 years||2-3 years|
|Eligibility||Bachelor's degree||Bachelor's degree|
|Entrance Exams||CAT, MAT, XAT, CMAT, GMAT||CAT, MAT, XAT, CMAT, GMAT|
|Average Annual Fees||INR 1,00,000 – INR 10 ,00,000||INR 2,50,000 - INR 10,00,000|
|Top Colleges||Indian School of Business (ISB), Faculty of Management Studies (FMS), XLRI Jamshedpur||National Institute of Securities Markets (NISM), BSE Institute Limited, Narsee Monjee Institute of Management Studies (NMIMS)|
Some of the best schools that offer the Part-Time MBA in Finance course and other information are listed below:
|Name of College||Location|
|XLRI Xavier School of Management||Jamshedpur, Jharkhand|
|NMIMS School of Business Management||Mumbai|
|IIM Raipur - Indian Institute of Management||Raipur|
|Management Development Institute||Gurgaon|
|K J Somaiya Institute of Management||Mumbai|
|Birla Institute of Management Technology||Greater Noida|
|IIM Nagpur - Indian Institute of Management||Nagpur|
|Prin. L. N. Welingkar Institute of Management Development and Research||Mumbai|
|Manipal University, Jaipur||Jaipur|
|AIMS - Atharva Institute of Management Studies||Mumbai|
|Prestige Institute of Management and Research||Indore|
|Guwahati University - GU||Guwahati|
|Delhi University (DU)||Delhi|
|Symbiosis Centre for Management & Human Resource Development||Pune|
|MEASI Institute of Management||Chennai|
The following is a list of public and private universities that Part-Time MBA in Finance and provide programs in Marketing:
|Type of College||Name of College|
|Private||Symbiosis Centre for Management & Human Resource Development|
|Xavier School of Management (XLRI)|
|Indian School of Business (ISB)|
|Management Development Institute (MDI)|
|Government||IGNOU - Indira Gandhi National Open University|
|University of Mumbai [MU]|
|Guwahati University - GU|
|Indian Institute of Management (IIM)|
After completing a Part-Time MBA in Finance, professionals can get numerous opportunities in the public and private sectors. Here are some of them listed below:
Job Profiles after a Part-Time MBA in Finance
Following are some of the job profiles available after a Part-Time MBA in Finance:
|Job Profile||Job Description|
|Investment Banking||Investment banking is a popular job route. You can only get the necessary skill set and business acumen with a Part-Time MBA in Finance. Investment bankers work in mergers and acquisitions, corporate restructuring, trading, capital raising through the issuance of securities, and strategic consulting for large organizations.|
|Private Equity||Private equity is another profession that demands strong business skills and a passion for investing. Private equity firms buy privately held businesses to boost their value over time so that they can eventually be sold for a substantial profit. A few crucial talents are financial modeling, commercial acumen, and knowledge of particular industries.|
|Management Consulting||The majority of business school students desire to work in management consulting. MBA could make it simpler to get started and move up the ladder more quickly.|
|Corporate finance||Corporate finance is all about making the best use possible of a company's financial resources. It can involve judgments about dividend payouts, raising capital, managing financial resources, capital structuring, and making important investment decisions.|
|Relationship Coordinator||Relationship managers are experts who build and maintain solid relationships with clients inside and outside the firm. They also go by the title "Client Relationship Manager|
|Account Manager||Account managers work for companies whose primary responsibilities include developing close relationships with clients, establishing contacts with business executives, and creating sales reports.|
|Analyst Business||Enterprise Analyst Business analysts are experts that evaluate a company's performance and assist them in doing research and problem-solving to maximize revenues|
|Finance Manager||Finance Manager Finance management's primary responsibilities include performance evaluation and giving senior management guidance on how to maximize profits. They are also in charge of ensuring the business's financial stability.|
|Bank Manager||Bank Manager A bank manager is in charge of overseeing all aspects of the business, including personnel management, administration, security, and compliance, as well as other sales activity.|
The table below contains some of the top recruiters that Part-Time MBA in Finance graduates, as follows:
|Deloitte India||ICICI Bank|
|Ernst & Young (EY)||HDFC Bank|
|KPMG India||Kotak Mahindra Bank|
|Accenture||State Bank of India (SBI)|
|Goldman Sachs||Bajaj Finance|
|Morgan Stanley||IndusInd Bank|
|JP Morgan||Reliance Capital|
Depending on their position, graduates may earn varying quantities of money In addition to qualifications, location, and field of work, several other variables may influence the income of a Part-Time MBA in Finance India
In addition, as candidates gain more experience and exposure to the real world, they may advance to better positions and receive higher pay grades A graduate with a Part-Time MBA in Finance typically
|Job Role||Average Annual Fee(INR)|
|Financial Analyst||2,00,000 - 6,00,000|
|Investment Banker||3,00,000 - 8,00,000|
|Risk Manager||2,50,000 - 6,50,000|
|Financial Consultant||2,50,000 - 7,00,000|
|Corporate Treasurer||2,50,000 - 6,50,000|
|Portfolio Manager||3,00,000 - 7,00,000|
|Equity Research Analyst||2,50,000 - 6,50,000|
|Credit Analyst||2,00,000 - 5,50,000|
Despite being the newest addition to the business school curriculum, many working professionals now prefer a program. A Part-Time MBA in Finance focuses more on developing managerial abilities than on finding new jobs. This is because you are not required to abandon your employment, unlike a full-time MBA. After finishing this course, you are more likely to get Part-Time MBA in Finance opportunities and experience professional progression at your current organization. Many MBA Colleges do not organize part-time MBA programs, and little placement help is provided. They are today, however, regarded as fairly standard for professional development.
The demand for students with Part-Time MBA in Finance degrees is constant. After earning a part-time MBA, opportunities in Financial Analyst, Investment Banker, Portfolio Manager, Risk Manager other fields are available. Examine the following list of positions available to Part-Time MBA in Finance graduates: Here are some potential career options for individuals with a part-time MBA specializing in finance:
1. Financial Analyst.
2. Investment Banker.
3. Portfolio Manager.
4. Risk Manager.
5. Financial Consultant.
6. Corporate Finance Manager.
7. Wealth Manager.
8. Asset Manager.
9. Credit Analyst.
10. Financial Planner.
Numerous benefits and prospects for higher education can be found with a Part-Time MBA in Finance in finance. Here are a few potential advantages of pursuing a part-time MBA in Finance and the related opportunities, while the precise benefits may vary based on individual circumstances and market conditions:
1. Career Advancement: This course may help you progress your career inside your present company or in other finance-related positions.
Many abilities are needed to succeed as a Part-Time MBA in Finance graduate, including those that will help to accelerate personal learning curves and build a practical mindset that must be ingrained in the continuous learning environment.
1. Financial Planning
2. Corporate Finance
3. Financial Reporting
4. Economic AnalysisLeadership
6. Critical Thinking
9. Analytical Skills
11. Time Management
Ans. Time commitment and scheduling flexibility are the key differences between a part-time MBA in finance and a full-time MBA in finance. Students who enroll in part-time programs can continue to work while completing their education, frequently attending classes in the evenings or on weekends. While full-time programs often demand students to devote themselves to their studies full-time, they also offer less flexibility for working professionals and a quicker finish time.