Banking, Finance & Insurance

While elaborating on the difference between MBA Finance and MBA Marketing, we can say that marketing involves the promotion and communication regarding various products and services with clients and customers. The focus is to increase the sales of a company and a lot of measures are taken to achieve that including advertising, public relations, corporate branding, and market research. Finance, on the other hand, involves computation, handling investments, budgeting money and assets. A degree in finance will teach you how to manage debt and analyze financial trends. The scope after MBA in Finance and scope after MBA in Marketing is rewarding in its own ways. If you are looking at pursuing a career in the financial domain then you can choose to work in the insurance and banking sector, mutual funds, in the stock market, as an investment banker or work as a consultant. For those who are inclined towards marketing, there are a plethora of options in the hospitality, advertising, commerce and retail industry. Digital marketing is also a lucrative option and one can even choose to be a researcher. Skills required for MBA finance : Number-crunching, analytical skills, an inquisitive mind and a problem-solving ability. Skills required for MBA marketing : Creative ideas, good communication skills
MBA finance scope : Insurance and banking sector, mutual funds, the stock market, investment banker, consultant. MBA marketing scope : Hospitality, advertising, retail, digital marketing. So the points listed above are helpful in choosing between MBA finance and MBA marketing, you need to consider what your interests are and which one of the two matches closely with your skill set. That will help you weigh your options and help you in making an informed decision.

Hi,
Both Finance and Business Analytics have equal importance in their own places. Business Analytics is the talk of the market these days and no doubt will continue to grab major market for next 15-20 years. Finance has limited applications as compared to Business Analytics cause of the reason it is domain specific. But Business Analytics has wide applications may it be IT sector, Operations or Management etc. When one studies business analytics, finance becomes an integral part of it cause without financial management no organisation can sustain. And without finance, Business Analytics is 25% incomplete. This ratio is meant alot so both the fields are highly correlated and incomplete without each other. While learning Business Analytics you will not only learn finance, but the essentials of finance and how smartly and effectively you can apply the finance techniques and strategies to make an organisation most profitable. Also, you will learn the other 75% which comprise of technicalities and issues faced by the companies, how to deal with them in a way better than others. So in my perception Business Analytics is an avenue with greater opportunities. Good luck!