Navigating After MBA Finance: Strategies and Recommendations

If you're asking what to do after completing your MBA in Finance, chances are that you may not have secured your desired profile during your college placements. This scenario is quite common, as the job market for core finance positions is highly competitive.

The Main Problem

The struggle many MBA Finance graduates face is finding their way into core finance roles such as Investment Banking, Valuations, and Equity Research. This difficulty often stems from not having visited enough recruiters or facing high competition during the placement season.

Mathematical Insight

Let's do some basic math to understand the scale of the challenge. Approximately 15,000 MBA students graduate from the top 30 colleges in India each year. Considering that there are fewer than 15 major investment banks with around 2,000 vacancies, and many boutique firms with limited recruitment from MBA colleges, the disparity is stark.

What's the Way Out?

However, it's not uncommon for students to switch to core finance roles off-campus after not securing their ideal profile during MBA placements. Investment banks primarily hire through campus placements or through specialized training institutes that offer short-term, skills-based training for around 40-50 days in Investment Banking. Unless you have significant industry connections, it can be quite difficult to break into such roles.

Training Institutes

Since you've already appeared in college placements, the only viable option left is to enroll in one of these specialized training institutes. Some of the best training institutes in the industry include:

Quintedge EduPristine Proschool

These institutions offer intensive and practical training that can significantly enhance your chances of securing a role in core finance.

Additional Strategies

Read Financial Literature: Brush up on your knowledge by reading books like Value Investing, Rich Dad Poor Dad, The Intelligent Investor, Psychology of Money, and others. These books can provide valuable insights into financial strategies and market behavior. Follow Financial Blogs: Engage with financial blogs and blogs by experts such as Professorbajaj’s Blog. Staying updated with the latest trends and insights can help you make informed decisions. Career Guidance: Consider seeking career counseling from professionals like Sneha Grover Mam. She is recognized as one of the best career counselors who can provide personalized advice tailored to your specific career goals.

In conclusion, navigating after an MBA in Finance requires a strategic approach. Whether it's through specialized training, reading financial literature, or seeking professional guidance, taking the right steps can help you secure a fulfilling career in the field of finance.