BBA in Finance: Scope & Career

BBA in Finance: Scope & Career

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Shruti
Shruti Garg
Assistant Manager- Editorial
Updated on Nov 12, 2024 12:17 IST

A BBA in Finance is a popular choice after 12th grade. Here, students interested in Finance or currently studying BBA in Finance can explore course scope, career paths, and options for further study, along with sectors and roles available after completing BBA in Finance.

BBA in Finance Scope

BBA in Finance Scope

BBA in Finance is one of the popular specialisation choices among candidates. BBA in Finance opens the door to diverse sectors including marketing, finance, management, and operations. BBA in Finance helps in building concepts in finances, financial principles and investment strategies. This course offers promising pathways. This degree equips candidates with financial planning, analytical skills, economic trends and risk management to make an informed decision.

Scope of BBA in Finance

BBA in Finance is one of the best choices among finance courses for entry-level positions associated with top companies in the investment and banking sectors. Given below are the industries that hire BBA in Finance graduates:

  • Finance and Banking: This sector involves the management of investment, money and financial services. These include roles like financial planning, analysts, loan officers and so forth.
  • Human Resources: Such professionals manage the organisation’s workforce like recruitment, employee relations, training and performance management.
  • Consulting: As a consultant professional, an expert advises organisations on business issues. As a BBA in Finance graduate one helps in making informed financial decisions.
  • Retail and Sales: As a finance professional, one helps drive revenue by selling products or services to clients or targeted audiences.
  • E-Commerce: In this sector, financial expert plays a key role in managing financial transactions and data. They also help in providing strategic advice by organizing transactions, preparing financial reports, budgeting and reporting.
  • Healthcare Management: As a financial expert in healthcare management, one ensures that a healthcare organization provides good quality care to its patients. The financial manager operates the day-to-day finances, reduces the financial risk, detects misuse of funds, and so forth.  
  • Real Estate: Financial expert brings understanding of investment, market trends, financial principles, and complexities of investments.

Also Read: Top 10 BBA Colleges in India

BBA in Finance: Careers

BBA in Finance graduates have various job opportunities. The salary package for BBA in Finance graduates varies on the number of years of experience. Some of the highest-paying career options after a BBA in Finance are: 

Financial Analyst: A financial analyst works with investment or asset management firms. Their responsibilities revolve around conducting SWOT analyses on external companies, examining both financial and non-financial data, as well as micro and macroeconomic indicators to assess a company’s financial health and strategic positioning.

Financial Consultant:  Financial consultants provide internal, focused financial guidance to corporations, aimed at enhancing shareholder value and capital efficiency. Their duties include advising on mergers and acquisitions, designing executive compensation strategies, and supporting financial restructuring efforts.

Business Analyst:  Business analysts focus on market assessments, evaluating product lines and overall business profitability. Their role includes financial modelling, budgeting, forecasting, planning and monitoring, and preparing reports for stakeholders.

Investment Banking Analyst:  An investment banking analyst role is in high demand, both in India and globally, and offers competitive compensation. These analysts use financial models and forecasting tools to support senior partners in venture capital transactions, stock valuations, and other large-scale financial decisions.

Finance Manager:  Finance managers oversee and plan the financial operations of a business. They assist top executives with financial strategy and ensure efficient fund utilization within the organization.

Personal Financial Advisor: Personal financial advisors offer clients guidance on a range of investment alternatives, retirement plans, insurance options, and other financial planning needs, helping them make informed financial decisions for future stability.

Also Read: Not Ready for an MBA? Here Are 10 Alternative Options

Check the table below to know the average BBA in Finance salary for various roles:

BBA Finance Course Top Job Profiles

BBA in Finance Salary (in INR)

Cash Accountant

INR 3.3 lakh 

Investing Sales Trader 

INR 8.7 lakh 

Investment Banker 

INR 16.7 lakh 

Financial Analyst 

INR 5.9 lakh 

Investment Banking Associates 

INR 14.9 lakh 

Credit Managers

INR 7.4 lakh 

Corporate Controllers 

INR 24 lakh 

Insurance and Risk Associates 

INR 15.7 lakh 

Treasurer 

INR 18 lakh 

Internal Auditor 

INR 9.2 lakh 

Loan Officer 

INR 2.8 lakh 

Cash Managers 

INR 3.9 lakh

BBA in Finance: Higher Studies Options

Candidates can opt to pursue higher studies after completing a BBA in Finance. Pursuing certifications or post-graduate programs enhances career prospects and opportunities. Some of the popular study options include:

Read More: 

BBA v/s BBS v/s BBM

About the Author
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Shruti Garg
Assistant Manager- Editorial

Shruti is a graduate in Education and Literature. She is a passionate writer. As her name suggests she is a good listener, a binge-watcher, and a great foodie. She loves playing badminton and doing meditation in her... Read Full Bio