Behind every nation’s economy finance, there’s world of challenging and highly lucrative careers to cash on. This makes competition for jobs intense, especially in financial management. Our Masters provides the knowledge and skills to give you a significant edge in this competitive global finance sector.
So what exactly is this form of management and why is it important? Read on to find out more.
Financial management refers to the strategic planning, organising, directing, and controlling of financial undertakings in an organisation. It also includes applying management principles to the financial assets of an organisation, while also playing an important part in fiscal management.
Why is Financial Management important?
This form of management is important for various reasons.
- Help organisations in financial planning;
- Assists organisations in the planning and acquisition of funds;
- Help organisations in effectively utilising and allocating the funds received or acquired;
- Assists organisations in making critical financial decisions;
- Help in improving the profitability of organisations;
- Increases the overall value of the firms or organisations;
- Provides economic stability;
- Encourages employees to save money, which helps them in personal financial planning.
Benefits from Pursuing Masters in Financial Management from
- Diverse career opportunities: Studying financial management opens up a lot of diverse career opportunities. Some of the career options include investment banking, entrepreneurship, financial analysis, financial and managerial accounting, and strategic financial management.
- Improve interpersonal skills: Doing a course in this field will allow you to build better communication and teamwork skills through developing relationships with your colleagues.
- Higher salary packages: People working in this sector are usually paid very well, whether it is at the entry level or at the management level. Additionally, this is a highly skilled job role that is always in demand, even during recessions.
- Career growth: There is always an opportunity to develop your professional skills and climb the career ladder. You can quickly acquire in-depth knowledge of financial management systems and financial management software once in this field. If you possess this knowledge and great aptitude skills, this field is perfect for you.
Finance Management at SGI
Suryadatta Institute of Business Management & Technology (SIBMT) offers Savitribai Phule Pune University affiliated Govt. of Maharashtra Recognized & AICTE Approved Two years Full Time MBA; Finance being one of our major specializations.
With the course, you’ll explore the importance of accountability and information, corporate governance, and ethics in global financial markets. With an SGI degree in a relevant social science subject, you’ll be ready to tackle the intellectually challenging world of finance.
Through a combination of core modules and your own choice of management areas, you’ll come away fully equipped to thrive in any industry you choose to go into.