Why Finance?

@abhimukh19 : thanx sir. d thread is awesome !

@gnsharda dear Gaurav,

My sincere apologies, I somehow missed on your query and have noticed it only today.

I can understand your worries and doubts, since you may think that you already have CA and basically are trained in various aspects of finance and accounting.

With your current post you could surely become a good helper in tax planing and so on, but the answer to why would you need MBA still, is very simple: to boost your career. Unless you are thinking of taking the same post all the time.

However, one always should aim to learn and achieve more.

In your case if you take MBA, especially in top B - schools, you will pay the tuition fee to invest into your career. After completing the course you will basically jump from your current post to a higher one and have good chances to become CFO, which is one of the most important post in the company going hand in hand with CEO. If you have such scopes, MBA would be just what you need.

You would also have additional knowledge of strategy, marketing, business and economics with a wider long term thinking. This is essential for top finance companies and banks who usually need both, CA and MBA. And if you aim to work and progress and be someone rather than sit in the same post, then the answer is clear. After all, the person who says that he does not have what to learn or anything else achieve in his life has hardly a reason to live anymore.

This of these advantages and make a good answer to your interview question.




@frankfurtadm Thanks a lot for the same...
n yeah.. i want to learn as much as i can...
i will get back to you in case i have some more queries..

I want to be an actuary... will mba or ms in finance be helpful to me in it?

@rebornNINJA said:
I want to be an actuary... will mba or ms in finance be helpful to me in it?
nope ! it has nothing to with MBA infact

i knw it has nothing to do with MBA..... and i knw what actuary is ..i m giving its certification....what i want to know that will it be beneficial for my actuarial career if i do an mba or ms in finance.

@rebornNINJA said:
i knw it has nothing to do with MBA..... and i knw what actuary is ..i m giving its certification....what i want to know that will it be beneficial for my actuarial career if i do an mba or ms in finance.
nope it wont be
@rebornNINJA said:
i knw it has nothing to do with MBA..... and i knw what actuary is ..i m giving its certification....what i want to know that will it be beneficial for my actuarial career if i do an mba or ms in finance.
nope it wont be
@rebornNINJA : It wont be of much use if you do MBA, but can be useful in MS in Finance or Actuarial Sciences.But to be honest, No Knowledge is Useless.

Hi Can anyone tell about Financial Consulting?
Wht are the responsibilites of a consultant?
Where will he reach in 3-5 yrs time?(post?)
Wht all companies ?? offer wht all profiles?
A few examples?
Is it mostly a 24 hr job like most IB?

Hey puys,


Those who are interested to have access to Professor Sanjay Bakshi's lectures, please sign the following petition.

https://www.change.org/petitions/professor-sanjay-bakshi-post-his-bfbv-value-investing-classes-online-video-streaming-or-recorded

Those who don't know about Professor Sanjay Bakshi, please refer his website http://www.sanjaybakshi.net/. He is a Finance professor at MDI, Gurgaon. Not only he teaches the subject and damn good at it, but also he is a value investor and CEO of Tactica Capital, a deep value investing boutique. You've got to read his lectures if investing is your cup of tea!

P.S. : Do sign the petition 😃 Thanks.
@ABCLIKS Many thanks for mentioning Professor Sanjay Bakshi on this thread It was several months ago when you mentioned him and I've read plenty of his lectures since then. It has been very insightful to read his lectures & articles. Hope you're excelling at IIM-I 😃

Hi Folks...

Need some serious career guidance. Male engineer from tier-1 engineering college and 21 months work ex in HCLTech. Wanted to do MBA so landed up in tier-2 B-schools (screwed CAT and XAT ). Now i am in 3rd sem and i am going to opt for finance. Being a student from Non-Finance background, would any kind of certifications like CFA or FRM would help me to get job in IT company as I want to go back to IT company only. Guys please give me some suggestions.
@anand5787 said:
Hi Folks...Need some serious career guidance. Male engineer from tier-1 engineering college and 21 months work ex in HCLTech. Wanted to do MBA so landed up in tier-2 B-schools (screwed CAT and XAT ). Now i am in 3rd sem and i am going to opt for finance. Being a student from Non-Finance background, would any kind of certifications like CFA or FRM would help me to get job in IT company as I want to go back to IT company only. Guys please give me some suggestions.
sir,if you want a job in IT company,then CFA or FRM is not the way
you can understand CFA prospects from the following page...just go through the below page

http://www.pagalguy.com/posts/4748762
@TONYMBA thanks
@anand5787 : I am also sailing in almost the same boat as u..I also have engineering background,and going to opt for finance in second year...If u are looking to go for CFA/FRM think of them as an investment for understanding the intricacies of financial world..IF u r looking at these courses just as an addon to ur CV;i dont think they will help much in that regard...:)

P.S - Just Want to remind you that last deadline to register for June L1 exam is 13th march.So decide fast
Hi Guys, just want to ask to those puys who are already working in an IT industry after an MBA, please tell me is their any risk management kind of profile offered in IT Industry?I am planning to give CFA or FRM in December and i want to work in IT companies only because of prior work experience. Will it be beneficial if i go for FRM?
@anand5787 : I am still an aspirant, but I do know quite a lot of non-IT of IT. You don't get the usual FRM/ Risk Management kind of role that you get at AMCs or in Investment Banking. But, yes, you do have hedging, currency risks and asset management even in IT. Much of it is outsourced to Banks or AMCs. But most companies do retain a portion of RM internally, usually in big ones like TCS, Infy, etc. I am not sure about CFA/FRM part though. I doubt it will be that useful in an IT context as RM required in IT is very minimal, compared to other sectors.

Hi Puys,

Can some one here tell me what jobs does the financial engineering leads into??
also, how is it way different from normal finance??
Thanks in advance.