How is NMIMS Executive MBA in Applied Finance?

Finance: More Than Just Numbers

For middle-class Indians, money is a valuable resource. For decades, saving has been crucial for families. The fear of financial loss, deeply rooted in events like the 1947 partition, shaped this mindset in India. Many families lost their wealth during that time, leading to a strong focus on saving and investing. In India, financial education goes beyond theory—it’s a vital life skill.

An MBA in Finance is one of the top three global specialisations. The specialisation’s growth began through its abundant opportunities for job roles, salary, and the ability to switch industries. Every company needs a handful of finance experts; you can get the next seat. This would further help the company and India in international relations.

Additionally, multiple other factors, such as:

• Import and Export Businesses

• Business Investments by international brands

• Globalisation

• Power of opinions on the international forums

• Security of the country’s resources

Finance is more than just numbers. The above factors explain why. If you want to get your hands on top of the spectrum, then NMIMS executive MBA has got you covered. Check out how you can promote yourself through specialisation in applied finance.

Know Your Programme

The Executive MBA programme in Applied Finance is two years and four semesters. It offers a wide range of topics, where the first two semesters include the core courses, and the third semester includes managerial economics and strategic management. You could choose your preferred electives that align the best with your career goals. There are multiple specialisations apart from finance offered in this programme. These are:

• Marketing

• Leadership and strategy

• Operations and supply chain

• Digital Marketing

The programme ends with a Capstone Project in the 6th semester. This would help you develop more accurate knowledge and skills. In the 7th and 8th semesters, you must work on a comprehensive project to complete your course.

Learning Resources, You Can Access

NMIMS executive MBA in Applied Finance is a very well-structured programme. It has prepared all the resource material according to the UGC guidelines. This is the four-quadrant approach. Every course has

• Recorded videos that cover the syllabus

• Recording of the synchronous sessions that are scheduled for the semester

• Digital learning materials

You can access all these for learning, discussion forums, and preparation. The discussion forums would help you interact better with the faculty and clarify any doubts. Furthermore, there are self-assessment quizzes that can help you enhance your performance and preparation.

Here is what you would be given access to as a part of this programme:

• Course Content (Recorded videos and Digital study materials)

• Access to the Student Portal includes the learning management and student administrative systems.

• Live lectures: teaching sessions, doubt-clearing sessions, industry sessions, session podcasts, case study discussion sessions, and masterclasses from experts across the globe.

• Access to the Digital Library of the University.

• Support : Call, ticket, and chat support with the course coordinator; faculty connect through Post a query and access to session recordings.

Also Read:  Executive MBA in Finance: Propel Your Leadership Journey in Finance

Specialisations

• Core Specialisation:
  You are advised to choose six electives in Terms III, IV, & V from that particular track (out of 5 tracks). The remaining six electives can be chosen from any track(s).

• Dual Specialisation:
  You are advised to choose five electives each from two tracks: Track 1 & Track 2 (across Terms III, IV & V) out of 5 tracks. The remaining two electives can be chosen from any track.

Syllabus: What All You Would Study

Semester 1

• Management theory and practices

• Organisational Behaviour

• Marketing Management

• Business Economics

• Financial Accounting & Analysis

• Information System for Managers

Semester 2

• Business Communication

• Essentials of HRM

• Business law

• Strategic Management

• Operations management

• Decision Science

Semester 3

• Operations and Supply Chain Strategies

• Import Export Procedures and Documentation

• International Business

• India’s Foreign Trade

• Customs Shipping and Insurance

• Project Management

Semester  4

• International Finance

• International Marketing

• International Logistics & Supply chain management

• Business: Ethics, governance & risk

• Research Methodology

• Project

More About Programme: 

• Total Programme Credit: 90

• Programme Level: Master

• Programme structure and curriculum are subject to change at the university’s discretion.

• Each term is of 3-month duration.

Fee Structure of the Programme

The fee structure of the course is INR 4,00,000 LPA.

More Details About the Fee:

• An admission processing fee of INR 1,500 applies to all admissions.

• An initial amount of INR 20,000 from the programme fee would be collected at the time of registration.

• There would be a re-exam fee of NR 2,500 charged per subject.

• The fee mentioned above is subject to change at the university’s discretion.

• Any payment via Demand Draft should be made in favour of “SVKM’s NMIMS,” payable in Mumbai.

Scholarship Policy of the College

The university offers special incentives to our armed forces, defence personnel, and their immediate families, including a 20% concession on the programme fee.

Eligibility Criteria

• You must have a Bachelor’s Degree (10+2+3) in any discipline from a recognised university or an equivalent degree recognised by the Association of Indian Universities (AIU) with a minimum of 55% and 3 + years of work experience (50% for SC/ST/OBC/PwD).

• If you meet the eligibility criteria, you would be selected for the programme via a personal interview.

Signing Out: Make the Right Choice

The Executive MBA programme NMIMS offers in the applied finance specialisation programme is dedicated to building a solid financial foundation for you. Upon completing the modules, you would get the opportunity to earn certificates from renowned universities, such as Harvard Business Publishing Education. There are multiple online reading resources you can access for easy learning.

Additionally, the programme is highly beneficial if you are a professional, as you can balance academics and work. This programme lets you develop business knowledge and learn new terminologies to help you progress. Therefore, if you still wonder whether this is the right choice, it is!

Frequently Asked Questions

Q1. Are Applied Finance and Finance different from each other?

Yes, finance is more like an umbrella term that includes the study of money management, investments, and financial systems.

Applied Finance, on the other hand, is a more specific subject dedicated to the practical implementation of these concepts. These concepts are generally related to the industries like banking, insurance, and portfolio management.

Q2. What are the most important financial skills you must develop?

The following are the most important financial skills you must develop:

• Financial Analysis

• Budgeting

• Risk Management

• Investment Strategy

• Data Interpretation

Q3. What are the highest-paying jobs in finance?

Here are the top highest-paying jobs in finance:

• Investment Banker

• Hedge Fund Manager

• Private Equity Associate

• Chief Financial Officer (CFO)

• Portfolio Manager

Q4. What is the job market of the finance industry?

The finance industry job market is rapidly expanding, with a projected annual growth of 6-7% globally.

Q5. What are the key benefits of the capstone project?

Here are the key benefits of the capstone project:

• Bring Business concepts and lessons in an enjoyable way.

• Integrating and consolidating core business learning.

• Providing a compelling and engaging learning platform.

• Business Simulation

• Enhancing participants’ personal and professional effectiveness.