Get a Degree in MBA Finance to Build a Career in Finance Sector

Why is it needed?

With the growth of many multinational companies and various companies that outsource their services have a growing need of professionals to handle their everyday finance related activities and thus has increased a need for professionals holding degrees of MBA in Finance. Here’s why, the International College of Financial Planning has introduced various MBA Finance courses. Their courses have a good structure and then the people will help the people grow in the field.

What are the courses that are offered?

The International College of Financial Planning has many important finance courses and they are listed as follows:

•    MBA in Financial Planning – With incorporated curriculum of CFP^CM

•    MBA in Financial Analysis – Incorporates Curriculum of CFA Program

•    Post Graduate Diploma in Financial Planning

•    Two Year Post Graduate Programs

•    Distance learning programs•    Certified Financial Planner Certification (CFP^CM)

How do these courses benefit the students?

All of these courses that have been introduced by International College of Financial Planning are meant to provide quality education to all students with practical experience so that students have a proper exposure of working along with the knowledge. This enables the students to start working and delivering output on the first day of the job. These courses are made keeping in mind the specific training needs for the various segments of the industry, which includes banks, KPOs, corporate houses, industries, and consultancy. These courses are structured to take lesser time than the traditional courses, and the college has attracted many of the major companies in the field of finance and wealth management.

Various segments in the courses

The multiple segments that these courses provide are listed as below:

•    Financial Accounting

•    Statistics

•    Management and Cost Accounting

•    Compulsory Modules

•    Information Technology

•    Quantitative methods

•    Business English

•    Computer Applications

•    Macroeconomics

•    Microeconomics

•    Corporate Finance

•    Business Finance

•    Fundamentals of Management

•    Principles of Investment

In the end

The courses in the Finance field offered by International College of Financial Planning (www.icofp.org) are structured to provide a wholesome experience to the students to keep them job ready and to have them trained well for diving into the corporate world with excellent skills in handling the financial tasks. These courses are competent and well equipped and provide many opportunities to the students to gain experience and to have a good time developing skills necessary for the field of work.

Why opt for MBA in Finance?

Financial planning and planning is slowly gaining attention in the current market-driven world. As a result, there many financial institutions which provide courses like MBA graduation in Finance, HR, etc. depending upon student interest and preferences. Apart from MBA, these also provide postgraduate diploma courses in various management programs. Financial management institutions like  ICOFP have tie-ups with business firms, which look for talented youngsters to shoulder key business challenges.

Here are the details of the MBA finance course offered by ICOFP

• MBA in finance from ICOFP is a lucrative career option since MBA graduates are in high demand nowadays. It is a most appropriate choice for students with a genuine interest in Finance.
• Business units demand individuals with business knowledge like Investments or rate of return. Learning and polishing such skills takes a great deal of attention and time.
• While pursuing their MBA in finance from ICOFP, students get access to all facilities to develop and sharpen their business acumen. They get the support of quality oriented and experienced faculty members.
• Regular training is provided in well designed and air-conditioned classrooms. Students also get access to high-quality library and cyber station.
• Students are trained in order to develop their leadership skills through group discussions, seminars, games, project reports, and dissertations..
  

While studying MBA in Finance, students get a comprehensive idea of working of the economy, drivers of macroeconomics and microeconomics, risk analysis, entrepreneurship, investment, liaison and other factors required for the installation of business. Some institutes provide the option for paid internships to students during the summer holidays.

After globalization and reforms in WTO legislation, many established organizations want to have their business outlets in India. MBA in finance degree holders have access to many opportunities in high paying positions established and prominent companies in India and abroad.

MBA in finance course helps students to understand the requirements of prospective clients. If business affairs are conducted in a scientific way according to existing financial norms, it would lead to gathering huge profits and savings. 

It is essential for students to stay informed of the current developments in the finance sector. The course makes them acclimatized with the new and emerging changed in an economy. Financial laws keep on changing quite often. So students need to be informed of the latest regulations. Towards the completion of the course, a student is more or less market ready. Such students are highly demanded in various key units of companies.

MBA in Finance from ICOFP (https://www.icofp.org/) also trains students to develop their entrepreneurial skills in the case; they do not land up getting a job of their choice. Entrepreneurs are also highly demanded nowadays. Some graduates even leave high paying jobs to turn up becoming entrepreneurs. With their business sense, they can gradually expand their unit and hire people to join their company.

How to Get CFP Certification

CFP is an internationally accepted financial planning qualification. It is provided to those who qualify a CFP exam that is conducted by the Financial Planning Standards Board of India (FPSB). Qualified youth of the CFP is able to make a bright career because the CFP certificate provides work opportunity with MNCs, banks and other respected institutions. Working in challenging fields is offered to CFP holders such as insurance planning, retirement planning, employee benefits, tax planning, and estate planning.  Today, CFP has more than 1 lakh qualified members working across the world. It is one of the most respected certifications for finance. If you wish to qualify CFP, here are some guidelines to follow.

A certain set of eligibility is must fulfill. There are two pathways to earn the certification—Regular and Challenge Status.

In Regular, a candidate must be registered under the CFP Regular Pathway and is must be SSC or 10thpass during the time of enrolment. It is necessary to qualify four examinations that NSE regulates through online:

• Risk Analysis & Insurance Planning
• Retirement Planning & Employee Benefits
• Investment Planning
• Tax & Estate Planning

Self-preparation or preparation through a well-recognized FPSB approved institute can be done. Students who enroll in MBA in Financial Planning, MBA in Financial Analysis or Postgraduate Diploma in Financial Planning can prepare themselves for CFP certification. These programs incorporate the curriculum of CFP. Pursuing any of these courses provide double benefits. It provides them a certificate for financial planning or financial analysis and at the same time, prepare students for Certified Financial Planner exam. Education experts believe that MBA in Financial Planning or Analysis is the best way to make you well-prepared to qualify CFP tests. The course patterns of these programs are designed looking at the curriculum of Certified Financial Planner exams. There is no special coaching required if students enroll any of these courses. It is a wise idea to go with these programs. These programs are best known as CFP courses.

Challenge Pathway needs qualification CA/intermediate level, ICWA, LLB, M.Phil and fellowship of life insurance. It depends on youth which pathway they are comfortable with. Minimum 2 months to a maximum 1.5 years can be taken to complete the Certified Financial Planner program. A CFP exam contains multiple choice questions. The exam has 4 papers which are necessary to qualify. The 5thpaper is allowed to be attempted to those candidates who qualify all 4 papers. Dedication and well-focused preparation are required to follow every youngster who wants to get the certification. Many Indian students have successfully qualified the program in one attempt. A well-focused preparation is required to follow to get success in Certified Financial Planner exams. Consult education consultants if you have any doubt related to the program. They may guide you after evaluating your skills and interest. They also help you to understand the pattern of the exam and h how to do the right preparation. Their guidance would be very helpful for you to crack CFP exams.

Join ICoFP(www.icofp.org) for MBA in Financial Planning or MBA in Financial Analysis. These programs incorporate CFP certification curriculum which is helpful for you to qualify CFP. 

Benefits of Pursuing Courses in Finance from a Reputable Institution

Money isn’t the only factor in the world of business, but it is surely the most important factor that decides the fate of any small or big organization across the industry. Where is the cash inflow of cash coming from? Where is it going and for what purpose? How to maximize the profit and improve the bottomline? These are some of the questions that bother small start-ups as well as Fortune 500 companies. This is where strong knowledge of financial management acts as a huge advantage for any business. It helps you deal with all kinds of situations strategically. If you want to make it big in the world of businesses you need to opt for courses in finance. Here we share with you a few benefits that these courses offer.

Career Options
Get into the shoes of a recruiter and imagine you are hiring an individual to fit into a managerial role in your organization. The moment you find someone who has completed coursesin finance, you wouldn’t like to look anywhere else. The reason is simple, they have thorough knowledge in the principles of finance and its application which the foundation for any modern business. Thus opting for these courses does a world of good to your career prospects.  Depending on your interests you would be able to choose from a wide range of career roles such as financial analysts, accounting expert, financial advisor, risk analysts etc. As competition increases in the market the role and opportunities for finance experts is also growing at a fast rate.      

Stand In The Crowd       
Whether you are entrepreneur, a financial consultant or work in the marketing division of your organization, strong knowledge in finance will always make you stand in the crowd. You would possess the skills to look beyond the obvious which helps you in making informed decisions. You would be able to systematically analyse the raw figures and know the mood of the market. Such strong analytical skill comes handy when you are planning for the future or going on an expansion spree. In fact analytical skills have become very important for any business in a competitive ecosystem where making a small mistake can amount to losing a huge share in the market.

Learn To Solve Problems             
Problems can arise from anywhere in a business. These could be internal problems such as breakdown in the production line which requires an expensive overhaul or replacement. It can also be in terms of external factors such as stagnating of demands, drop of prices or adverse governmental policies. In all such situations problem solving skills is a huge asset for any small or large business organization. When you have a strong background in finance you would be able to navigate through all such problems successfully. You will reduce the losses and chalk out a strategy to deal with the changing environment in the market.

It is equally important for you to choose a good institution that enjoys a strong reputation in the market.  Do a background research on the institute before you enrol into one.

Attractive Career Options with MBA Finance Specialization

If you are thinking about enrolling into a MBA program, there are many options for specialization. While each of these specializations would offer you numerous career opportunities MBA finance courses are among the best.Irrespective of the condition of the economy, financial consultants are in great demand. Today there is an ever increasing demand for finance professionals throughout the country with good amount of business activity happening all around. The fact that there are few colleges offering this program also increases the demand for these professionals. Students who undertake this specialization always find their hands full of opportunities as there is a need for financial analysts and planners across different industries. So what are the opportunities that MBA finance courses offer? Here in this article we shall take a look at some of these.

Financial Institutions – These are among the biggest recruiters of students who have completed MBA finance courses. Banks, mortgage houses, mutual fund companies and others work in the money market hire these professionals for various types of roles. From assisting their clients with investment to branch supervision and internal auditing there are various roles that you would play. MBA finance programs train you in dealing with the challenges in each of these career roles. You will learn to look beyond the numbers and come out with reports and analysis that allows your employers and their clients to make informed decisions.

Risk Management – Today this has become one of the focus areas for all businesses. Once restricted to large businesses today small businesses and even start-ups leave no stone unturned in mitigating risks. In a competitive business environment one wrong move can have catastrophic effect on the operations and sustainability of any business. Every major business move has to be analysed thoroughly to study the opportunities and risks in the short and long term business cycle. MBA finance courses work towards helping you develop skills that help you foresee the risk associated with every business decision and work out on a path to mitigate them.

Personal Finance –How often have you heard of job titles such as Portfolio Managers and Wealth Managers? This is emerging as a great career option for individuals who specialize in finance. With a number of investment options at hand individuals are turning to financial consultants to guide them towards sound financial investment decisions. Here you can also open up your own consultancy services and advice clients with their investments in Mutual Funds, Forex, Bonds and Stock Market. This career option isn’t limited to the large cities alone as people in small cities and towns around India are increasingly look for such professionals to help them with their investment decisions.

Apart from these there are many other opportunities that you can explore. These include working in the IT, Manufacturing, Retail and FMCG industries that require these professionals for various roles and responsibilities. To ensure the perfect start to your career you must enrol into a college that specializes in the field of Finance and has a proven placement record.

How Attending Cfa Course Is the Rewarding Investment for the Future ?

With the great history of retaining a rigorous focus on internationally relevant investment knowledge, the cfa course is the most widely respected and the known investment credential in the world. The CFA (Chartered Financial Analyst) program specially focuses on investment knowledge. The self study format of this program enables the candidates to pursue working full time while they progress further towards reaching their CFA designation. The candidates for CFA program bestow a range of advantages that makes them a crucial part of a coveted network of financial professional. An individual can experience various perks on attending a CFA program and the most notable of them are discussed below.

• Globally recognized qualification

The CFA is a practical course, especially based on few particular topics. While you will be learning the academic concepts behind every topic, you will also learn the technique of implementing them to practical situations and how particular decisions can influence on business finances. Due to the greater amounts of work entailed in the course, and also the most complicated theories that the candidates work on, earning the CFA program is a highly exciting thing to do.

Mentioning that you have completed cfa course on your resume is a better way of proving employees that you are extremely disciplined and hard-working.  The CFA program is a globally recognized qualification. CFA courses teach students for roles in economic analysis, investment banking or financial advice services and are greatly considered as one of the highly prestigious qualifications in the industry.

• Enhancement in the finance career path

A CFA designation can be especially useful in playing the roles of research analyst and asset management roles like portfolio managers, private bankers, financial advisers, relationship managers and financial strategists. A CFA designation can be helpful as a best career enhancer when you are in the finance field already or wish to switch to a specific role. Studying cfa course equips you with the fundamental and practical knowledge required for a wide range of career options in the investment field. Employers will instantly identify the CFA holders as a suitable way of distinguishing the most qualified and the determined job applicants.

CFA holders believe that securing CFA charter offers them an entry card for working in number of investment specialties as well as markets throughout the globe. It also equips them better to change specialties as they evolve in their careers.

• Opportunities for employment in a foreign country

As the financial world is universal, earning a qualification that facilitates you to work throughout the world can be more beneficial in the place of work, particularly while working for a firm that has international clients or has offices outside the country. The fact that cfa course is recognized globally, is also a great draw for most students. Earning a CFA qualification allows you to apply jobs across the world, paving way for lucrative future career. The CFA is indeed a fabulous course on its own way, enabling you to learn the intricate workings of corporate and financial worlds and watch how international markets influence on each other.