NMIMS Online MBA in Finance: A Smart Investment for Your Future

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Komal

14 October, 2024

NMIMS Online MBA in Finance: A Smart Investment for Your Future

Rising incomes, heightened focus on digital adoption, and financial inclusion are projected to propel India’s financial service sector to grow rapidly. This would invite global investors to the country, thus creating more opportunities for skilled professionals. Regardless of this growth, finance is the most widely chosen career path. Whether a big corporate or a small start-up, finance professionals are required in every industry. In such a scenario, earning an MBA in Finance can give you the right push. To acquire knowledge and experience simultaneously, you can go for an online MBA degree from a recognised university.

If you are an aspiring candidate, the NMIMS online MBA in Finance could be a perfect fit for you. We have explored every little detail in this blog to help you get to the roots of the NMIMS online MBA in Finance. You will get to know about its eligibility, fees, and career prospects.

A Peak Into NMIMS Online MBA in Finance

NMIMS is among the top business schools in India. The university is recognised globally for its high-quality education. From world-class offline courses to advanced online degrees under the umbrella of NMIMS CDOE , the institution has extended the scope of quality education. The online MBA in Finance offers the same curriculum as its on-campus. You would gain valuable knowledge without needing to quit your job. It is specifically designed to provide an extensive view of finance’s theoretical principles and functional domains. One of the best features of the NMIMS Online MBA is its flexibility.

Is NMIMS Online MBA Valid?

Yes, the NMIMS online MBA degree is completely valid as it is recognised by UGC-DEB for offering online degrees. The university also holds accreditations, including the National Board of Accreditation (NBA). NMIMS is a Category 1 university in India. According to FT Ranking 2022, it is a top 7 B-school in India. It has received A+ accreditation by NAAC with a 3.59 CGPA.

Also Read: 10 Reasons Why NMIMS CDOE is a Game Changer for Working Professionals!

Eligibility for the NMIMS Online MBA

To enrol in the NMIMS Online MBA in Finance, you must meet the following requirements:

  • A bachelor’s degree from a recognised university or equivalent degree

  • A minimum of 50% marks in your degree

  • SC/ST/OBC/PwD get 5% relaxation in the maximum marks criteria

  • Work experience, while not mandatory, adds value to your application

How to Apply for NMIMS Online MBA 2024

Applying for the NMIMS Online MBA in Financial Management is simple. Follow the steps.

  • Fill out an online application form and submit the required documents.

  • Make the fee payment online or demand a draft.

  • Confirmation will be made after the document is approved, payment is approved, and student verification is completed.

  • A ‘student number’ will be issued to you by the university.

Also Read:  Top 10 Online MBA Colleges in India With Updated NIRF – 2024

What You Shall Learn in this Course

The course structure is designed to provide you with in-depth financial knowledge. You would learn how to manage a company’s financial resources.

Here’s the complete NMIMS online MBA in Finance syllabus that you will study.

Semester 1 Semester 2
Business Communication  Cost & Management Accounting 
Financial Accounting  Human Resource Management 
Micro Economics & Macro Economics Strategic Management 
Organisational Behaviour  Business Analytics
Marketing Management Legal Aspect of Business Operations Management
Quantitative Methods I 
Semester 3 Semester 4
Corporate Finance  Indian Ethos & Ethics 
Research Methodology  Corporate Sustainability 
Project Part I International Business 
Elective 1 Project Part II
Elective 2 Elective 5
Elective 3 Elective 5
Elective 4 Elective 7
Finance Specialisation Elective  Capital Market and Portfolio Management 
Business Valuation 
Financial Derivatives 
Strategic Cost Management
Corporate Tax Planning 
Investment Banking 
International Finance 

Also Read: List of MBA Courses: Specialisations, Fees, Jobs, Top Colleges

Career Prospects and Job Roles

Financial management opens doors to diverse job roles. After completing the NMIMS Online MBA in Financial Management, you could pursue roles such as:

  • Financial Analyst:  Analyse financial data and provide investment recommendations. Average salary: ₹8-12 LPA.

  • Corporate Finance Manage r: Manage a company’s finances and help them grow. Average salary: ₹10-18 LPA.

  • Risk Manager : Identify and mitigate risks in financial transactions. Average salary: ₹12-20 LPA.

  • Investment Banker : Work with large clients on mergers, acquisitions, and investments. Average salary: ₹15-25 LPA.

  • Portfolio Manager : Manages investment portfolios for individuals or institutions. Average salary: ₹10-22 LPA.

Faculty and Learning Experience

The faculty at NMIMS is experienced and qualified. Many professors have worked in top companies in India and abroad. You would learn from professionals who understand the industry. NMIMS uses advanced tools for live classes, recorded lessons and multi-format content. Moreover, the teaching faculty is IIM and IIT passout. So, do you still have doubts for the quality of academics at NMIMS CDOE?

Placements and Career Services at NMIMS CDOE

NMIMS has a dedicated placement cell whose aim is to help students connect with top employers. With a strong alumni network, you can connect with them to collaborate and understand the industry in a better way. Moving further to the career services programme, it serves as a one-stop solution for all your career-related needs. You shall find modules designed to help you understand your strengths and weaknesses.

Career services guide you in finding relevant jobs. Investing in career services is an investment in your future. It offers you the awareness, confidence, and skills required for a successful career.

Through the career services programme, you can choose relevant modules that would help you progress further. Check out the programme components:

  • Assessments:

    • Evaluate your cognitive and behavioural skills through aptitude and psychometric tests.

    • Identify the best career path suited to your unique strengths.

  • Coaching:

    • Gain personalised coaching to align your skills and interests with career goals.

    • Receive guidance on how to pursue the most fitting opportunities for you.

  • Profile Development:

    • Benefit from expert mentoring in building an impactful CV.

    • Improve your social media profiles for better visibility in the job market.

    • Enhance your brand to boost your chances of getting shortlisted.

  • Practice Interview Session:

    • Engage in one-on-one mock interviews to strengthen your interview performance.

    • Improve your chances of success in job applications, career transitions, or promotions.

  • Access to the Job Portal:

    • Enjoy 6 months of access to job portals like IIMJobs, Updazz, and Hirist.

    • Find roles that match your career aspirations.

    • Highlight your job applications and enhance your profile ranking.

  • Module Selection:

    • Enrol in any module of the Career Service programme that fits your needs.

    • You can also enrol in multiple modules as many times as required.

As far as NMIMS placements are concerned, the university has links with major financial firms such as:

  • ICICI Bank

  • HDFC Bank

  • KPMG

  • Deloitte

  • Amazon

  • TCS

How Much Does NMIMS Online MBA Cost?

The NMIMS online MBA in Finance is affordable compared to on-campus programmes. The annual fee for the programme is ₹ 1,05,000. If you prefer, you can pay the full fee upfront, which will be ₹ 1,96,000. Alternatively, you can opt for semester-wise payments, which would be ₹ 55,000/- per semester. Additionally, there is an admission fee of ₹ 1,200, an exam fee of ₹ 800 per subject and a project fee of ₹ 1,500 per exam attempt.

NMIMS also offers financial assistance in the form of scholarships for deserving students. The scholarship is provided to armed forces, defence personnel and their immediate family with a 20% concession on the programme fee.

Industry-Relevant Curriculum

The curriculum of the NMIMS online MBA in Finance is updated regularly. This ensures that you learn the latest financial practices and trends. You would gain insights into real-world problems, preparing you for the challenges ahead. Some of the most important topics covered include:

  • Derivatives and Risk Management: Learn how to use financial instruments to manage risk.

  • International Finance: Understand the complexities of global financial markets.

  • Mergers and Acquisitions: Study the financial implications of corporate mergers and buyouts.

Networking Opportunities at NMIMS CDOE

For professional growth in the corporate sector, building networks, and collaborating, NMIMS offers plenty of opportunities to connect with peers and professionals. You would participate in virtual events, webinars, and group discussions. These platforms allow you to interact with industry experts and expand your professional network. Networking also helps in future career endeavours. NMIMS alumni have achieved great success in the financial sector. Many have risen to leadership positions in top companies. You can stay in touch with alumni and excel in your fields.

Student Support Services

NMIMS provides excellent support services for online students. You get access to a student portal with all the resources you need. From academic queries to technical assistance, the support team is available to help. You would also receive career counselling services. NMIMS helps you build your resume, prepare for interviews, and find the right job.

Conclusion

The NMIMS online MBA in Finance is a smart choice for anyone looking to advance in their career. The programme offers a flexible learning environment, industry-relevant skills, and strong placement support. You would gain valuable knowledge in core areas of finance, helping you thrive in a competitive job market. If you are looking to enhance your financial career, the NMIMS online MBA could be the perfect fit.

Resources: https://online.nmims.edu


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