KJ Somaiya Executive MBA in Finance

The MBA for Working Executives - Finance is a 15-month management program that specializes in Finance. It is meant for budding management professionals who want to establish their foothold in the Finance domain. The curriculum of this program has been curated, customized, and designed to cater to the learning needs of working executives who aim to develop competencies in functional areas of management. 

These functional areas will be a base for the student so that he/she handles or deals with stakeholders from diverse domains. The students of this program get to study management applications in various contexts that impart the student with the inner workings of the functionalities involved at various stages of an organization’s product/services that are in the organization's pipeline. 

The management knowledge gained during this program involves the theories & facts that underline the processes, terminologies of the business world, dynamic relationships between business entities, etc. that familiarize the student with the principles & protocols that a management professional must be aware of.  The management frameworks involved within the skillset guide the student to manage within the confines of a particular set of rules and techniques that has its advantages as well as disadvantages that should be balanced.

As the finance domain is a vital and integral part of business structures, there is a major scope for students who are specializing in Finance to take up roles related to managing finance and finance-based avenues. Students get to develop finance management skills that involve quantitative and analytical skills. Some of the major activities undertaken by finance-based managers are analysis of company reports that reflect the divisions among costs, savings, expenditure & allocation of financial resources, framing strategies for the organic growth of stocks that are needed to be maximized to their progressive worth, evaluation of risks with respect to profiteering to strike a balance for steady progress, compiling & curating investment portfolios that are managed to optimize the stakes held, and the ability to read through the numbers & figures to understand the economic trends for being better informed of the forecasts derived from the data.

In addition to that, the students take up these roles to enhance the financial health of business structures & keep them financially stable, and advise on opportunities to expand financial growth. This is carried out through learning financial skills and acumen that has a good sense of understanding the business and its relation with various factors involved in the financial dynamics of an organization. Then there are several aspects of finance that has paramount importance in the current economy such as FinTech, investment tactics, economic strategies, etc.

K.J. Somaiya Institute of Management is one of the leading private management institutions that has been prolific in imparting high-quality management education and mentoring management professionals who have been prolific in managing organizations on domestic as well as international levels. It is also known for its management programs that have been designed and customized according to the domain and professional needs of budding management professionals. It has been accredited for its high-standard programs by AACSB (Association to Advance Collegiate Schools of Business. It has been ranked 63rd in the management category of NIRF Rankings 2024.

The fees for the MBA for Working Executives - Finance provided by K. J. Somaiya Institute of Management is INR 3.3 Lakhs.

The eligibility criteria for enrolling in the MBA for Working Executives-Finance program, provided by  K. J. Somaiya Institute of Management are given below:

• In any discipline, the candidate must have a Bachelor’s degree from a recognized or legitimate university/institution.
• If the candidate’s education qualification is in the 10+2+3 format, then he/she must have a work experience of 3 years to be considered for the program.
• If the candidate’s education qualification is in the 10+2+4 format, then he/she must have work experience of 2 years to be considered for the program.
• The work experience must be counted after graduation and also it must be full-time work experience.
• At graduation, the candidate must have obtained a minimum aggregate mark of 50% or its equivalent CGPA.

The fee structure of the program is quite affordable but to assist students facing financial constraints the institute offers various financial aids and allows them to pay their program fee in 5 installments. Every installment has the same amount but they have specific dates and the enrolled students are required to pay their fees on specified dates provided by the institution to avoid any fine or action from the institution end. 

The syllabus of the MBA for Working Executives-Finance that consists of core management courses and specialization-based courses that are provided by K.J. Somaiya Institute of Management, is given below:

The examination pattern opted by the institute is a semester examination pattern that includes internal and term end examinations. The examinations are equipped with course presentations, projects, case studies, assignments, quizzes, and many more academic activities to evaluate the overall theoretical and practical understanding of the students throughout their academic journey. Every examination is conducted through online procured means for managing transparency and integrity of the examinations. 

The students pursuing the MBA for Working Executives-Finance aim to take up job roles in finance divisions of organizations or organizations that provide financial products & financial services. There is a constant demand for finance management professionals who are competent enough to come up with insightful solutions for the better functioning of financial resources. Then the management exposure received through this program comes in need to leading teams to bring out efficient output for the betterment of the financial product/service and employing innovative approaches derived from the logical applications & intricacies related to the world of finance. 

Students of this program can discover jobs in both the private and public sectors where their skills will be useful for handling finance-related problems and where they can engineer solutions that cut the clutter caused by the complexities of the finance domain. 

The K.J. Somaiya Institute of Management conducts placements for its students, where the students get the opportunity to be tested fit for positions in highly reputed companies such as General Electric, Mahindra, Deloitte, Accenture, EY, Carrier, etc. The highest salary obtained by the student of the MBA for Working Executives-Finance program is around INR 26-28 LPA. The average salary obtained by the student of the MBA for Working Executives-Finance program is around INR 12-14 LPA. 

Some of the job roles taken up by the students of the MBA for Working Executives-Finance program are given in the following table: