Everybody who wants to advance in their career should consider getting a Master's in Business Administration. But with so many specialisations in marketing, management, entrepreneurship, and more, which field should you choose? To make your decision-making process a little easier, we have put together this blog. So, begin reading!
By offering an advanced skill set, broad career opportunities in private and public sectors, and network building, pursuing an MBA in Finance is one of the sought-after specialisations by students. Not only does the specialisation present lucrative career options but its curriculum is also intellectually stimulating. Here, we will elaborate on the top 9 job positions available for MBA finance graduates, alongside mentioning the average and highest salaries earned.
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9 Best Jobs after MBA in Finance
An MBA in Finance can prepare you for a plethora of professions both inside and beyond the finance industry, as the degree is very versatile. Graduates of this program are eligible for a wide range of financial and business roles, from entry-level management to executive positions. To gain comprehensive insight regarding the varied highest-paying jobs and their roles, peruse the list below.
1. Financial Analyst
Financial analysts are valuable assets to any business, hence it is one of the positions in such high demand. Despite having several duties, one of the most crucial ones is assessing the effectiveness of financial planning techniques to forecast the company's financial situation. Additionally, as a financial analyst, you will have to forecast future income and expenses, estimate capital budgeting for projects, and develop cost structures.
2. Financial Manager
The position of finance manager is next on our list of the top employment roles that MBA finance students should consider. Your job responsibilities would include supervising various vital tasks at work, such as improving financial planning and strategizing to fulfil the company's current and future goals. The position is quite versatile because it may be applied to industries other than finance, such as healthcare, banking, and so on.
3. Chief Financial Officer
The senior executive in charge of overseeing a company's financial well-being is known as the Chief Financial Officer or CFO. If you choose this as your job, you will handle everything from financial reporting and budgeting to strategic planning and risk management, serving as the organization's financial steward.
4. Accounting Manager
Overseeing the quality and integrity of an organization's financial records, an accounting manager serves as the backbone of the financial department. You will juggle a variety of tasks as an accounting manager to make sure the accounting department runs well. Furthermore, you may also have to assess a company's accounting regulations, help create new ones and establish them if needed.
5. Credit Manager
By adhering to the credit policy, a credit manager or maximizes revenues for the organization while minimizing bad debt. This entails determining a prospective customer's creditworthiness and periodically evaluating an existing customer. Making sure the company's credit risks are in line with its financial goals and risk tolerance are the primary tasks you will carry out as a credit manager.
6. Equity Researcher
You must perform in-depth market and company research as an equity researcher, and you must compile comprehensive reports based on your findings. Success in this field starts with having the analytical abilities necessary to evaluate a company's performance. For this position, a solid understanding of finance and up-to-date market knowledge are essential.
7. Corporate Controller
Among those with an MBA in Finance, being a corporate controller is another prevalent job path. As a corporate controller, you will essentially be the guardian of a company's financial health, ensuring everything runs smoothly and compliantly. As the job responsibilities may include dual responsibilities in accounting and finance depending on the company size, you must be knowledgeable about budgeting and payroll processing operations before taking up this role.
8. Investment Banker
Investment bankers are essential in helping governments, businesses, and other entities raise funds. One of your duties may involve helping investors get in touch with different organizations that require funding. The skills required for becoming a highly paid investment banker include possessing solid mathematics acumen, as well as dependable oral and written communication abilities.
9. Risk Managers
This job's role is quite self-explanatory. Risk management is the process of identifying, analyzing, and prioritizing potential problems and then taking steps to minimize the harm they can cause. For example, taking steps to reduce the likelihood of buying insurance to cover the loss if it happens is one of the preventive strategies that can be implemented by a risk manager of an organisation.
Suggested: Top 10 High Paying Jobs in the World
|
Job Roles |
Average Salaries |
Highest Salaries |
|---|---|---|
|
Financial Analyst |
USD 5,391 / INR 4,50,000 |
USD 14498 / INR 12,10,000 |
|
Financial Manager |
USD 14977 / INR 12,50,000 |
USD 35,946 / INR 30,00,000 |
|
Chief Financial Officer |
USD 54878 / INR 45,80,000 |
USD 1,21,139 / INR 1,01,10,000 |
|
Accounting Manager |
USD 6,590 / INR 5,50,000 |
USD 17,973 / INR 15,00,000 |
|
Credit Manager |
USD 7,069 / INR 5,90,000 |
USD 15337 / INR 12,80,000 |
|
Equity Researcher |
USD 7,189 / INR 6,00,000 |
USD 27,558 / INR 23,00,000 |
|
Corporate Controller |
USD 25,162 / INR 21,00,000 |
USD 1,16,226 / INR 97,00,000 |
|
Investment Banker |
USD 4,792 / INR 4,00,000 |
USD 47,928 / INR 40,00,000 |
|
Risk Manager |
USD 11,742 / INR 9,80,000 |
USD 30,674 / INR 25,60,000 |
Government Sector Jobs after an MBA in Finance
Similar to private organisations, for government organizations as well, monitoring cash flow, investments, and other financial duties is essential. Hence, there is no shortage of employment for MBA finance graduates in the public sector. The following table lists the top government agencies that employ graduates with an MBA in finance along with their average pay, according to Ambition Box.
|
Job Roles |
Average Salaries (Per Annum) |
|---|---|
|
Account Officer |
USD 4,313 / INR 3,60,000 |
|
Assistant Manager |
USD 7,788 / INR 6,50,000 |
|
Bank Manager |
USD 8,387 / INR 7,00,000 |
|
Deputy Manager |
USD 10,304 / INR 8,60,000 |
|
Assistant General Manager |
USD 23,844 / INR 19,90,000 |
Suggested: The Top 10 Best Paying MBA Specialisations in 2025
From the Desk of Yocket
An MBA is an essential degree in the modern world because it provides a wide range of specialisations. Despite the abundance of options, an MBA in Finance offers a wealth of job opportunities for graduates and working professionals, helping supercharge their career. MBA finance graduates are in high demand in most sectors.
To assist you with gaining a smooth experience while pursuing an MBA in Finance abroad, our Yocket experts are here! From educating you on the admission requirements at various universities to helping you with university and visa applications, their end-to-end assistance will help you land your dream university in no time. So, what are you waiting for? Schedule A FREE Video Consultation Call Today!
