Wils24
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I am currently pursuing MBA in finance. please help me know what personal and key skills one needs to get into this field?? Looking forward for your guidance. Saumya
as far as i am concerned you should know the basic things about the financial management about capital structure, capital budgeting, leverage and income statement preparation.....then you should equip your knowledge by reading some financial magazines .........wat are all the recent things are coming the fiancial market you should know.....
You must also be aware of accounting standards, must have good knowledge in financial accounting, forex markets and the terms involved in forex trade, accounting ratios and when to calculate those ratios, its use and all.
Thanks
Srin

here is a brief synos of Mba in finance

MBA Finance is becoming a very popular choice among the many specializations offered in the MBA course. Though most MBA programmes will provide the basic knowledge of business principles, an MBA in Finance better equips one to face the cut-throat competition of a dynamic business environment.
MBA or Master of Business Administration is one of the best known and among the most recognized degrees in the world today. Be it public sector or private sector an NGO or a Government job, an MBA degree holder today, undoubtedly scores better over a non-holder. Most companies prefer MBA’s for their top management positions. An MBA degree improves the marketability of the candidates in the job market.
A finance career is best started off with an MBA in Finance. The course can be completed in one of the many ways that most universities offer. Either one can do a Regular two years Course, or opt for a part-time MBA course-which can be done either through Distance Learning or Online. Quite a number of Distance learning MBA’s are earned to enhance career prospects. The Institutions offering part-time MBA courses conduct classes either in the evenings after working-hours or during week-ends over a 2 year period.
Many of the Universities and Colleges also offer an Executive MBA commonly known as the EMBA. It is specially designed to improve the career prospects of working business professionals. It gives the working Managers and Executives a chance to upgrade their management skills. The employers these days are realizing the many benefits of sending their employees for an Executive MBA. The employees get a chance to improve their managerial and leadership skills and directly bring ideas from the ‘class room to the Board room’. It is a win-win situation both sides because the employers get a reinforced loyalty from the employee and the employee gets to earn a much sought after degree without taking a break from his or her job.
The salaries of a qualified MBA are among the best anywhere.
A MBA Finance degree offers many more job opportunities than other MBA specializations, because the implementation of ideas in any company or NGO or Government organizations is rooted in Finance.
Why MBA Finance:
MBA Finance increases the job opportunities, helps in changing careers or better qualifies one for a chance at career advancement or helps one to start one’s own business. MBA Finance will teach a student accounting, economics, banking, market structure etc. which are all vital to any enterprise.
Finance for MBA can be easily garnered through a Student loan given by most Banks or a personal loan which can be sought from any financial lending institution. It has become a very common practice to get corporate finance for the course. A number of Companies have started recruiting students who are still doing the Course, as the demand for MBA Finance Graduates is quite high.


usiness Knowledge: The MBA program and business schools give you valuable knowledge about business and all its related aspects. You learn about business strategies and concepts, not just on paper, but the training and internship required in an MBA course, teaches you how to use these skills in practical life and in day to day business operations. Leadership Abilities: An MBA degree involves rigorous training, assignments, reports, presentations, and group projects, all of which give you the necessary abilities to handle real-life business situations. This helps to set you apart from those who do not have such expertise and can make you a leader in your chosen field.
Networking: The alliances that you form with your classmates and the network that you create is deemed as one of the most important and valuable things that an MBA program can give you. MBA graduates have often felt that the associations formed during the MBA course are resources that are invaluable and can be drawn upon for years after the MBA degree has been achieved.
Anyone thinking of applying for an MBA program could benefit greatly from learning more about the program beforehand, and finding out what an MBA is all about as well as what MBA institutions are looking for in applicants. This site aims to teach you about various aspects of the MBA program, enabling you to make a more informed choice and to be more prepared for what to expect.

Conclusion

the key skills required are as-

Finance majors will work in banks, government jobs, tax accounting, economic computations, i.e, data for figuring cost benefit ratio's, ect:-)

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