Benefits of Being an MBA in India

With the growing demand of managers in various corporate companies and organisations, the institues offering MBA degree has also gone up in the last few years. MBA in India is one of the most prominent career choices of students for pursuing their post graduation studies. As a result of the growing demand, more and more MBA schools and management institues are coming up in India and a growing number of students look forward to MBA entrance exams like CAT, FMS, IIFT, XAT, CET, MAT, SNAP, JMET and GMAT. More than thousand management insitutes offer full time MBA courses in India and adding to its list are distance learning programs, online MBA programs and part time executive MBA programs which are also offered by many MBA institues. Several B-schools in India offer specailization MBA courses in finance, marketing, human resorce, operations and other fields. However, niche MBA programs in communication, fashion technology and hotel management are also offered by many management institutes. Since, MBAs are required for most of the executive and senior level management jobs, the salaries offered to MBA graduates also depend on the credibility and goodwill of the institutes they have passed from.

Many students from abroad are taking MBA admissions at leading Indian business schools because of the country’s fastest growing economy. MBA courses in India not only aimed at widening the understanding areas of marketing, operations and organizational structutre management, but also, aim at providing knowledge for other management issues related to strategy and corporate planning and culture. MBA institute in India make their course curriculum in such a way that rigorous training is involved in the development of theoretical and practical skills to its maximum potential in handling the real life business challenges and situations. Studying of subjects like economics, accounting, marketing, finance and operations are involved in theoretical skill enhancement. And practical skills are developed by possessing teamwork, leadership, ethical and communication qualities.

Many people appearing for GMAT exam also go for CFA entrance exam. CFA (Chartered Financial Analyst) is a much focused program aimed at investment management or equity research type careers. The MBA program on the other hand allows choosing courses that give you a specialization in a particular field, but is still more like a generalist course. The CFA program has importance in the asset management industry, where as, an MBA program is more for investment banking or business in general. If anyone wants to go into the investment banking field, then CFA degree is not required. In short, CFA course aims at giving the technical skills to succeed in investment management, while MBA program prepares for a wider range of challenges in the business and corporate world.

For people who have finished their graduation and would like to pursue a career in finance, Chartered Financial Analysts (CFA) and the Chartered Financial Planners (CFP) are two of the most coveted finance courses which can be undertaken by the candidates.

After the completion of CFA and CFP courses, the candidates seek Financial Certification with the aim to get better jobs and for being better entrepreneurs.

Management Colleges to Shape your Future

India boasts of providing world -class education to its students. As the enlightenment towards the significance of education has grown over time, it has given way to the establishment of many management colleges. People are attracted towards these institutes not only because of the awareness concerning the education part, but also because of their word class reputation. Financial certification and other management related subjects like accounts, and business studies are taught to the students in the college. There is growing awareness regarding CFP among many pupils. Such colleges are not less than in terms of quality education. Globalization has led to this revolutionary change. People have witnessed growing demand of such institutes. Moreover, there is a great pressure on trade schools to provide with skilled students to improve the human resource in the corporate world. Management colleges Delhi is well known worldwide because of their ways of imparting education.

Globalization is the chief reason behind the sudden uprising of the colleges across the nation. Even the institutes have put in their best efforts to ensure the graduates are well groomed for the dynamic world of the corporations. The institutions have a total number of two sections. One is placements and the other one is admissions. In the initial stage, various deserving candidates are awarded with the admission in the colleges, and after the course completion; they are placed in the top- notch organizations all over the world. MBA Colleges Delhi is something that is yearned by many students.

The colleges that are famous because of its well thought curriculum doesn’t find any difficulty in getting bright students. Same way, the intelligent population of students also look for those institutions that are well- known in the academic arena. Placements that are hard to resist consist of many factors like famous corporations with attractive salary packages. Institutes that are known for such placements are always preferred by a number of students to kick start their career in the best way.

The esteemed colleges of the nation India is spread across various geographical boundaries like Delhi, Bangalore, Shillong and Lucknow. Different kinds of courses are offered by these institutes like Executive MBA, part time MBA, Full Time MBA and of course MBA for correspondence. The part- time and full time course is considered apt for the working class as they have still time on their hands to pursue higher education. You will find many management colleges in India like MIT, IIM, FMS and most of them are located in the northern region of the country India.

The reputation of any college is also dependant on its faculty. If the faculty is good enough then the number of students in the college will grow automatically. So make sure that the teachers selected are qualified and know what they are dong here. The impressive infrastructure of the institutes is another thing that is looked upon by parents as well as the students. It is a criterion for sure that is considered by many.

CFP Course: A Way To Being A Financial Planning Professional

With so many avenues to invest with their own set of features, returns and peculiarities, there is a need to plan where to invest, how much and for what period of time. Also, it is important to know what the associated risk factors are of each of the investments and what methods shall be adopted for maximising the returns. Besides, the rules of taxation of the governments also need to be factored in. There are professional courses which teach this planning aspect of the investments, taking care of the whole gamut of issues. Certified Financial Planner (CFP) is one such qualification which is recognised all over the world.

CFP is the executive and professional level certification provided by the US Certified Financial Planner Board of Standards, through its affiliates in different countries. The basic objective of the course is to prepare the professionals in the planning domain so that they can act as valuable guides to the individuals and the corporates in their endeavour to plan their investments well. The CFP course centres on certain crucial areas that often require planning.

The first part deals with the basics of financial planning. This aims to impart conceptual clarity on the time value of money, understanding the financial statement analysis, cash flow and budgeting, legal aspects and professional code of ethics.

The next stage of the CFP courses is to study the risk analysis process, Insurance concepts and policies and the regulatory framework within which insurance sector works.

The third step pertains to retirement planning and employee benefits aspect of financial planning, like wealth creation, erosion and accumulation and analysis of retirement and insurance plans.

The fourth part of the CFP course is that of tax planning strategies, capital and wealth gains taxation and the matters related to Will, Power of Attorney and real estate documentation.

The last part of the course curriculum pertains to the Comprehensive financial planning taking everything into consideration.

If anyone wants to go for financial planning certification, then the Certified Financial planner course gives the best grounding in all the major areas. Also, this course is world renowned and therefore, getting a good job overseas is also a distinctive advantage of this course. This course can be taken in three different modes of learning. One is by way of class room tutoring. The CFP class can be the regular one or it can even be the evening classes or weekend classes for the working professionals. The other is by way of distance learning wherein the course materials are sent to the candidates and the third way is of online tutorials which can be downloaded from the internet after payment of the required fees.

There are many job opportunities which can be had after completing this course. You can work as an independent financial planner or can even be a part of some organization where this work can be done at a much bigger scale.

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CFP - Certified Financial Planner    |     CFA    |       Masters in Finance   |      MBA Colleges

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Differentiate between CFP and CFA

For those who are willing to make a career in the field of finance, there are a number of opportunities for the person who is rightly qualified to be so. Chartered Financial Analysts (CFA) and the Chartered Financial Planners (CFP) are two of the most coveted finance courses which can be undertaken by the candidates interested in core finance. These two are different from the MBA, where the focus is more on the correct administration of the business and finance is taught from that perspective only. CFP and CFA are more specialized in their course and content than the MBA.


But, since both are coveted, the candidates are often not aware of the key difference between them. To begin with, their names tell the difference prime facie. One deals essentially with planning and the other is more towards analysis and research. The Chartered Financial Planner title can be got after passing the examination conducted by the International Board of Standards and Practices. They give advice mainly to individuals with respect to the way the planning of their finances shall be done in order to achieve their financial goals. It concerns mainly with the retirement planning, stock investing, real-estate investing and other similar avenues of financial planning at the level of an individual. Their role is to deal comprehensively with the planning part with an objective to reduce the tax liability of the individuals as well as to secure their investments.


The CFA is the person who is considered to be a specialist rather than a generalist, like the CFP. The Chartered Financial Analyst title is conferred by the Association for Investment Management and Research after a person passes the three exams. Their role is essentially of the institutional advisors as they offer the advice to various institutions like mutual funds, insurance companies, etc. Their knowledge is of a more specialized nature, focusing on the stock market analysis and likewise specialized financial analysis work. The key focus of their work is on the development and management of the investment portfolios.


If you are willing to pursue any of these courses, you need to ascertain your true interest and inclination. You shall also consider your knowledge of mathematics, since if it is good you can go for CFA which requires better knowledge of mathematics. You can have the option of either working independently or seeking employment with some financial institution or bank. If you are a CFP then the role will be oriented more towards the handling of the clients and offering their expert advice to them. In case you are a CFA, you are more likely to get a back end job where the work is more towards managing the portfolios, seeking the investments in the different areas as per the risk tolerance of the clients.


Since these titles can be had only after the due procedure of clearing the required examinations, therefore complete focus shall be on clearing the exams and also maintaining good ethical conduct and practices since these are highly valued in this profession.

Best reasons for people to get CFP and CFA admissions

The moment people are out of their graduate courses, be in the sciences, arts or commerce streams, there is an element of cloudiness related to making of a career. While the ones graduating from the top management colleges Delhi do not have to scramble that hard for their careers the fight for the others is quite an onerous one. A graduate degree in the present situations is not sufficient to make a fruitful career and climb up the ladder. Therefore, people seek to get their post-graduation done to make a growth oriented career for themselves. MBA and CFP is one of the most sought after post-graduate career choices in India .The finance degrees are the most sought after career choices by the candidates from all the streams. The mains reasons for its popularity are:

There are better career prospects when you do an Certified Financial Planner for the simple reason that you take in the managerial level.  The people expect to open up more avenues for the jobs by getting a qualification in business administration. They might already be working somewhere and might prefer doing the CFP course to climb up the ladder of success and hierarchy more quickly.

2.    Better salary packages: Having a Master degree in the management can mean that you might land up a very handsome salary package. In fact, when people hear the CFA grads from reputed institutes getting hefty salary packages, they are obviously inclined to go their way. So, you can see that the number of students seeking Diploma in finance is growing steadily.

3.    Out of their interest and/or requirement to manage their own businesses: There are so many small, medium and large businesses in India who require professional management. The candidate opting for doing the CFA could be the business owners or their heirs apparent who need to get honed in the art of finance management so that they can direct and manage their own businesses. Even the ones who are willing to be entrepreneurs of the new businesses might first  like to go through a professional course in business administration so that they come to know what all is contained in the art and science of management.

4.    As a mid-career development programme: Sometimes, the organizations provide some of their employees with the opportunity to undergo the mid-career training in certain functional aspects of management. This is considered to be vital for their growth to do some specialised course in finance and CFA from a particular institute.

Therefore, the candidates seek Financial Certification with the aim to getting better employment as well as with the aim to be better entrepreneurs. After passing out of the graduate courses, the students are in a confusion as to whether first do some job and then take up MBA subsequently depending upon your likes of the field in which you are working, or to do CFA first and then take up the job afterwards. There is no established rule to determine what the best course to opt is and therefore, the same depends on the personal choice of the candidates unless the same is mentioned in the eligibility criteria laid down by the CFA Class.

Give Your Career an International Character .

Finance is the backbone of any organization’s operations. Unless finance is provided timely and adequately to all the departments of the organization, its functions cannot be carried out smoothly. The management of finances, therefore, assumes great importance. The ability to generate as well as expend the money in sufficient amounts so as to facilitate friction-free operations is the prime motive of effective financial management. Professional education in financial planning and management, therefore, assumes great importance. For the working professionals, specialized, short term financial certification modules of finance are taught at convenient timings.

The two prime motives of working employees doing a financial certification course are to update your knowledge about the latest trends in this field and to enable horizontal job rotation of the employees across the finance function. The latter is usually done to make the person capable of handling multiple functions in the organization.

At the international level, the course that is mostly recognized is the Certified Financial Planner course. This is the course for finding a job opportunity into the US finance market and is also recognized by a number of other countries including UK, Canada, Australia, Singapore, Malaysia and others. The CFP program is also done for managing the self-wealth. Its essential focus is on risk analysis, investment scenarios, retirement planning, tax planning and real estate planning. This course is offered through the Financial Planning Standards Board in US and through its affiliates in other countries.

The main objective of this CFP financial planning certification course is to impart the knowledge of financial planning to people so that they can become self sufficient and self reliant of handling their and the organization’s financial matters.  In India, this course is offered through the distance learning format and by conducting the regular and the weekend teaching classes. The course is different from other finance courses essentially in its focus on key finance subjects. Also, there are certain Practice Standards which are required to be followed while actually practicing financial planning.   

All through the course and even before, at the entrance exam level, there is emphasis on ethics part of this profession. This is what sets it apart from other finance courses being offered. That does not mean that the other courses teach one to be unethical, but the standards are more elaborate and are taught as special matters of study in the CFP class .

The institutes offering the certification courses also offer the degrees and diplomas of different durations through classroom and distance education learning options. For availing the CFP program, you have to clear the module 1 of the six modules at first. Thereafter, you can take up modules 2-6 in one go or separately, as per your convenience. This certification does open up a lot of career growth opportunities at national and international level. Worldwide recognition gives you an opportunity to work and settle in most of the countries of the world. By choosing this financial certification course, you become a member of the global elite of finance planning professionals.

From where shall you do the MBA: India or Overseas?

If you have qualified for studying in top MBA College in India and also overseas, then you have a difficult choice to make pertaining to getting selected there. How will you get out of this conundrum? This article details the way to resolve this.


For the aspiring and the capable students, this is nothing more than a matter of personal choice. There is no doubt that some of the top MBA colleges are overseas and these are known to produce the business leaders of tomorrow. But, the saying that the Indian colleges pale in comparison to them, would be true only when it comes to comparing the course fees. In all other respects, these are almost at par with the best overseas MBA colleges. The top MBA College in India develops the overall managerial capabilities of a person of a standard that is comparable to the best in the world. This might augur well for the reputation of the Indian MBA colleges, especially for the top MBA Colleges in Delhi but for the MBA aspirants, it makes the choice between the Indian and the overseas institutes a little more difficult.


Here are some of the questions which you shall ask yourself while trying to find the way out of your perplexity:


1.    Do finances still matter? The option of MBA admissions overseas is usually closed for those who either do not have finances of their own or do not want to avail of the loan facility. The cost of study in reputed foreign colleges is many folds. Returns are not disproportionately higher as compared with the study in Indian colleges.


2.    The ‘tag’ matters: Brands do matter. The brand values of Stanford, Harvard and other reputed colleges are recognized world over. The ‘tags’ do increase your market price, give you better opportunities and make you more acceptable by the organizations. On that score, the Indian Colleges still fall short of expectations.


3.    Courses matter: Some of the courses, especially the finance courses are best taught in countries where the finance function is well developed in the market or industry. The benefit of experience in managing these courses in finance lies with them. At the same time, the popular international course like the CFA or CFP can also be taught in Indian MBA colleges. One of the best financial minds is groomed in India. Many India MBA graduates have found top positions in the banking and financial institutions.


4.    Choice between the top MBA College in India and the average college overseas: If you have to make a choice in these two options, then going for the India ones is far better. Why to spend more money when you do not have the advantage of even a reputed overseas brand? And, Indian institutes are not of poor brand equity either. These have time and again proved their worth in top MNCs.


5.    Emotional Quotient: If you are bound by your roots and these are restrictive influences on the flight of your ambitions, then you can give way to these influences. You can rest assured of the top quality Masters in Finance or the CFA education that you can have here.