In times when everyone is trying hard to get a secure and long-lasting job in their field, an online MBA program is getting the spotlight. Through these management courses, you can excel in any field that you desire to take further. Since finance is one of the most demanding fields in the business world, it will be relevant in the industry for quite a long time.
To get an exciting job in the finance field, you can opt for an online MBA in Finance Management out of all the specializations of the online MBA course.
Top 10 Online MBA in Finance Management Jobs For A Successful Career in India
Here are the top 10 jobs that you can get after completing this online MBA major. With these job roles, you can plan a long-term career in the finance sector without worrying about the technical competition that much.
- Financial Analyst
Key Responsibilities: Preparing financial models, forecasting future market trends, and conducting cost analysis
Skills Required: Keen understanding of analytical and quantitative tools, communicating financial findings to stakeholders, and financial modeling tools like Tableau
Average Salary Per Annum: INR 6 lakhs – INR 8.5 lakhs
- Financial Manager
Key Responsibilities: Preparing financial reports by ensuring compliance with regulations, strategizing, and creating financial policies
Skills Required: Strategic thinking and problem-solving skills, knowledge of financial markets, regulations, and compliance, and leadership and decision-making
Average Salary Per Annum: INR 26.8 lakhs
- Investment Banker
Key Responsibilities: Advisory services for mergers, takeovers, acquisitions, and day-to-day financial transactions
Skills Required: Negotiation and communication skills, corporate finance models and valuation methods, multitasking, and the ability to work under dynamic circumstances
Average Salary Per Annum: INR 8.8 – INR 9.7 lakhs
- Bank Manager
Key Responsibilities: Ensuring customer satisfaction, overseeing daily operations, and managing staff operations
Skills Required: People management skills to take care of customers, team management and leadership abilities, and comprehensive knowledge of banking, financial transactions, and governmental regulations
Average Salary Per Annum: INR 13.7 lakhs
- Risk Analyst
Key Responsibilities: Identifying and mitigating potential risks that could harm an organization’s financial goals, strategizing to minimize or eliminate risks, analyzing financial data, and predicting potential risks
Skills Required: Data science tools to assess risks, decision-making, and strategy, analytical and quantitative skills to solve problems
Average Salary Per Annum: INR 7.9 lakhs
- Portfolio Manager
Key Responsibilities: Keeping investments financially secure, making decisions on asset allocation, and managing investment risks
Skills Required: Analytical tools and methods to analyze investment performance, a keen understanding of investment strategies, and how they interact with market dynamics, and people skills to build strong client relationships
Average Salary Per Annum: INR 12.6 lakhs
- Accountant
Key Responsibilities: Managing financial records, ensuring financial accuracy in every transaction, preparing tax audits and returns, and complying with tax laws
Skills Required: Accounting software and financial reporting tools, time and people management skills, knowledge of accounting principles, and tax laws
Average Salary Per Annum: INR 6.5 lakhs
- Management Analyst
Key Responsibilities: Analyzing business processes with data analytics, creating strategies for improvement, and identifying inefficiencies
Skills Required: Data analytics and data science understanding, interpersonal skills, business principles, and organizational interaction with the global market
Average Salary Per Annum: INR 12.1 lakhs
- Compliance Officer
Key Responsibilities: Conducting audits, designing and implementing compliance programs, and training verticals to meet regulations
Skills Required: Keen understanding of market regulations, strategy, and decision-making skills, and communication and training skills
Average Salary Per Annum: INR 8.1 lakhs
- Private Equity Manager
Key Responsibilities: Improving company performance, acquiring stakes, generating high returns for investors, and raising funds from investors
Skills Required: Interpersonal skills, financial modeling, and contract negotiation skills, market knowledge to understand what ideas could turn a profit
Average Salary Per Annum: INR 10.7 lakhs
AI Impact on the Online MBA in Finance Management Jobs
AI is transforming almost every sector in the industry, but finance is something that will always be in demand. In simple words, it can be said that AI won’t replace finance jobs, but it will reshape them. However, to deal with the technological advancements that have been incorporated by the businesses after the AI revolution, you must have a basic foundation in the field, which can be accomplished with an online MBA in finance management course. Here is a brief of how AI will impact the career of an online MBA in finance management graduate.
How AI is Changing Finance Management Job Roles?
Automation of Repetitive Tasks
- You will save time with the AI-driven tools, which will help you automate data entry, compliance reporting, and reconciliation tasks
- You will be able to handle the accounting tasks, focused purely on manual efforts
Smarter Decision-Making
- You will be able to manage predictive analytics & AI-powered dashboards, which will make you emerge as a manager who can make real-time financial decisions
- Tasks like risk management, investment strategies, and fraud detection will be completed in a few minutes with the AI-driven tools
Personalized Financial Services
- With the use of chatbots, robo-advisors, and AI-enabled customer insights, you will be able to reshape how banks and firms engage with clients
Cost Reduction & Efficiency
- Since AI reduces errors and improves accuracy, you will be able to make processes leaner and cost-effective, which will be highly beneficial for your firm as well
Final Thoughts
An online MBA in finance management is one of the most useful courses in times when everyone is scared of AI and trying their best to escape it. Since financial knowledge is one of the basic needs to run a business, it will be in demand in the industry for quite a long time. In addition to that, AI won’t replace finance professionals, but it will enhance their work by reducing the time, cost, and errors in the manual processes.
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