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i want to do mba in finance so what is the basic knowledge,work i have to do to learn it in proper way


Sai Harsha 16th Mar, 2019
Answers (2)
Divya Drishti 27th Mar, 2019

Hey

While opting for a subject, one needs to have an interest in the same.

Personal Skill Set

Analytical skills, Problem solving mind, Statistics oriented approach, Inquisitive mind, Meticulous researcher, Cautious in taking risk

Technical Skill Set

Commerce background, Penchant for numbers, Stock-market awareness, Knowledge of Financial Instrument, Know-how of financial statements, Expertise of MS Excel etc.

Neha Mohanty 16th Mar, 2019

Hello Sai,

If you are intending to pursue an MBA in finance, you are supposed to know the basics of accounting, financial management, and financial investment market. That is what will be taught in the first year and students of commerce background have an edge here because they are well aware of the basics. The detailed study will be carried forward when you are promoted to 2nd year. During that time, you will be having subjects like security analysis, portfolio management, commercial banking, corporate restructuring, valuation, investment banking, etc.

If you have crossed professional exams like CFA, then you need not to worry. If you have time in your hands you can think about clearing level 1 at least before joining an MBA institute. 

If not, you need to have an interest in the subject. That would be more than enough.

All the best!

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