MBA Finance vs MBA Marketing

MBA Finance vs MBA Marketing

2 mins read12.4K Views 9 Comments
Updated on Mar 8, 2013 11:10 IST

By Aru Chopra

What’s the right choice? Can finance graduates get a better growth chart? Or is marketing a more lucrative option since every company is shouting out aloud about its products? Here’s what the experts have to say.

A chief advisor at Shiksha Café Dr Sudhiranjan Dey says, “Marketing graduates surely have larger prospects in the market. Also, faster and greater growth opportunities can be seen here over a career in finance due to the natural reason that marketing brings the money for finance to manage.”

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For Arun Dev, another Shiksha advisor, it is a difficult task to compare the two as each offers a promising career. The big debate is not which one is better; rather it should be – what is the aptitude of the candidate? People who have an eye for detail and are numerically-oriented can go for MBA Finance, while those who have excellent communication skills and have an outgoing personality are suited to a career in Marketing.

A quick look at some important aspects of both these careers: 

  Finance    Marketing
Essential Traits Quantitative skills, Financial skills, Understanding of accounting and financial management principles, Analytical skills Strategic thinking, Tolerance for ambiguity, Flexibility, Creativity, Research skills, Presentable and Passionate.
Opportunities    Banks, Financial Consultancies, Investment Banking, Institutional Finance, Merchant Banking, Corporate Finance This being an integral part of any organisation, opens job avenues across industries right from education to media to F&B industry.
Job Titles Credit Risk Management Analyst, Financial Research Analyst,  Personal Financial Advisor,  Portfolio Manager, Budget Analyst, Administrators, Accountants and Chief Financial Officer Marketing Manager, Branding Specialist, Advertising Executive, Public Relations Specialist, New Product Manager and Marketing Analyst
Salary    Earnings vary according to the industry segment one is working in. However, broad pay packages are Rs 25,000-Rs 50,000 per month (entry level) and Rs 60,000-Rs 1.2 Lakh per month (middle level). At senior level, sky is the limit.

 

Conclusion: Both open up lucrative prospects, hence you should pick the field that appeals to you, defining the role you wish to play in future and ensuring that you have the talent and skills to match your choice. It is all about passion, hard work and conviction.

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About the Author

This is a collection of news and articles on various topics ranging from course selection to college selection tips, exam preparation strategy to course comparison and more. The topics are from various streams inclu... Read Full Bio

Comments

(9)

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nilesh pandey

7 years ago

I did bsc in maths .now want to do mba.which branch should i took finance or marketing! plz help sirrr

Reply to nilesh pandey

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Ankit Panda

5 years ago

I think finance is more suitable to you as compare with marketing

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sanket yadav

2014-01-21 20:02:28

I m interested in marketing . but the thing is . if any bechlor graduate can do marketing job then after doing mba what kind of advantage do i get in marketing field ?

Reply to sanket yadav

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Mohamad Usman Sayed

2013-07-04 21:38:31

Ofcoz d article is helpful. but am opting for Finance not bcoz m interested but I wanna challenge dat subject coz m weak in dat. will it work for me?

Reply to Mohamad Usman Sayed

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hitesh sharma

2013-04-07 22:33:50

thank you sir, this article was helpful. now i can make my decision by choosing right field.

Reply to hitesh sharma

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Shamim Noorani

2013-03-29 12:59:45

which feild have more scope marketing or finance

Reply to Shamim Noorani