If you have done with your bachelor’s degree and now you are looking for a course that polishes your analytical skills, problem-solving and critical thinking skills, then pursuing an Online MBA in any of the finance fields can be the best fit.
Today, we will be discussing one of the finance courses called Online MBA in Applied Finance. Completely different from a simple finance course, an Online MBA in applied finance uses ideas from finance to solve real-world money problems. Today, we will discuss about the full course and do a comparison of finance with applied finance to let you understand the difference.
What Is An Online MBA In Applied Finance?
An Online MBA in Applied Finance is designed to let students gain the practical skills required to address real-world financial challenges. Unlike purely academic finance, applied finance deals with taking financial theories and using them to solve everyday business-related issues.
This course aims to blend academic finance theory with actionable strategies that create value in real business environments. This program is especially useful for those looking to take on leadership roles in finance or expand their expertise to improve business outcomes.
Online MBA In Applied Finance: Course Highlights
Feature | Details |
Program Name | Online MBA In Applied Finance |
Course Level | Postgraduate (MBA) |
Duration | 2 years |
Eligibility |
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Top Entrance Exams | CAT, XAT, GMAT, MAT, CMAT |
Job Roles |
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Benefits Of Choosing An Online MBA In Applied Finance
- Flexibility to Learn Anytime, Anywhere: When we talk about any online program, flexibility comes first. These programs are perfect for maintaining your daily work schedule and other family-related responsibilities.
- Learn Real-World Financial Skills: With this program, you will learn real-life practical knowledge about investment, risk management and financial forecasting. This hands-on learning helps you solve real business problems.
- Career Growth and Higher Salaries: This program prepares you for high-paying jobs like Financial Analyst, CFO, or Risk Manager. However, these positions come with more responsibilities, but you can be efficient by focusing on the right skills.
- Networking with Professionals: As this course is conducted in online mode, you will have chances to connect with classmates from different backgrounds, this will increase your networking with professionals and open doors to more job opportunities.
- Affordable Option: Online programs are more affordable as compared to on-campus regular programs. Additionally, you will save money on travel, accommodation and other expenses of a regular on-campus program.
- Develop Leadership Skills: In addition to learning finance, you will also develop leadership and management skills. These skills are important for senior roles where you need to manage teams and make big financial decisions.
- Stay Updated with Industry Trends: The finance world changes quickly with new technologies, rules, and market shifts. The Online MBA syllabus is set by keeping in mind the current market trends and needs that help you stay current with these changes, ensuring your skills are always in demand.
Eligibility Criteria
- Candidates must have a bachelor’s degree in any discipline from any recognised university in India.
- Candidates must have secured at least 50% in your mark sheet.
- Most of the colleges also require you to have good scores in entrance exams like CAT, XAT, CMAT, MAT, or SNAP.
- Some institutions also require work experience of 2-5 years.
- There is no age limit to join this course.
Admission Process
Step 1: Fill Out the Application Form: Complete the online application form on the institute’s official website with your personal and educational details.
Step 2: Entrance Exam: Take the required entrance exam, such as GMAT, GRE, or the institution’s exam, to assess your skills in areas like quantitative aptitude, reasoning, and verbal ability.
Step 3: Shortlisting Candidates: Based on your exam score, the college will shortlist candidates for the next rounds. Some institutes may also offer direct admission based on your academic performance or work experience.
Step 4: Interview (If Applicable): Shortlisted candidates will be invited for a Personal Interview (PI), where you will be assessed on your communication skills, motivation, and suitability for the program.
Step 5: Document Verification: Submit necessary documents, such as your academic transcripts, entrance exam scores, and identity proof, for verification by the admissions team.
Step 6: Admission Confirmation: Once your documents are verified and everything is in order, you will receive an admission offer. Pay the required fees to confirm your seat in the program.
Syllabus Of The Course
Semester | Subjects |
Semester 1 |
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Semester 2 |
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Semester 3 |
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Semester 4 |
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Difference Between Finance Vs Applied Finance
Finance | Applied Finance |
The study of managing money, investments, and financial systems. | The practical application of financial theories to solve real-world problems. |
Theoretical concepts and principles of finance. | Using financial theories and tools in actual business decisions. |
More academic and abstract, with a focus on understanding financial systems. | Hands-on and action-oriented, with a focus on solving real-world issues. |
Financial theory, macroeconomics, investment theory, financial markets. | Investment analysis, risk management, capital budgeting, financial forecasting, and valuation. |
To understand the bigger picture of how money and economies work. | To help businesses and individuals make informed financial decisions. |
Focuses on the principles behind financial systems, markets, and economies. | Applies finance principles to make decisions about investments, risk management, and project funding. |
Studying the theory of how interest rates impact an economy. | Deciding whether to invest in a stock or how to manage risks for a business. |
Finance is about understanding financial systems and concepts, whereas Applied Finance is about applying that knowledge to real-world financial decisions.
Career Opportunities After Online MBA In Applied Finance
Job Role | Average Salary (INR) |
Investment Banker | INR 15-30 lakhs per annum |
Portfolio Manager | INR 12-25 lakhs per annum |
Financial Analyst | INR 8-18 lakhs per annum |
Risk Manager | INR 10-20 lakhs per annum |
Corporate Finance Manager | INR 15-30 lakhs per annum |
Wealth Manager | INR 10-20 lakhs per annum |
Investment Advisor | INR 8-18 lakhs per annum |
Financial Consultant | INR 10-20 lakhs per annum |
Management Consultant | INR 12-25 lakhs per annum |
Strategy Consultant | INR 15-30 lakhs per annum |
Financial Regulator | INR 10-20 lakhs per annum |
Top Colleges For Online MBA In Applied Finance
University Name | Location |
Chandigarh University | Chandigarh |
XLRI – Xavier School of Management | Jharkhand |
Narsee Monjee Institute of Management Studies (NMIMS) | Maharashtra |
Amity University | Uttar Pradesh |
Lovely Professional University | Punjab |
DY Patil University | Maharashtra |
Jain University | Karnataka |
Sikkim Manipal University | Sikkim |
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Conclusion
An Online MBA in Applied Finance is a smart choice if you want to grow your career in finance. It lets you learn practical skills that can help you earn a better salary, all while studying at your own pace. The program covers important areas like investment analysis, risk management, and corporate finance, which are valuable in today’s job market.
With many universities offering this program online, you can pick the one that fits your goals and schedule. This degree will give you the knowledge to make better financial decisions and open up more career opportunities.
FAQs
QQ.1 What is an Online MBA in Applied Finance?
Ans:An Online MBA in Applied Finance is a postgraduate degree that focuses on applying financial concepts to real-world business problems.
Q.2 What are the benefits of pursuing an Online MBA in Applied Finance?
Ans:Benefits include enhanced career prospects, increased earning potential, and development of skills and knowledge in applied finance.
Q.3 Can I interact with faculty and peers in an online program?
Ans:Yes, online programs offer opportunities for interaction through discussion forums, video conferencing, and live chats.
Q.4 Can I pursue an online MBA in Applied Finance if I don't have a finance background?
Ans:Yes, many programs are designed for professionals from various backgrounds who want to transition into finance.
Q.5 How do online MBA programs ensure academic integrity?
Ans:Programs use various methods, such as proctored exams, plagiarism detection software, and secure online platforms.