MBA IN FINANCE
An MBA in finance not only ensures lucrative job opportunities, but it also prepares you to tackle the challenges of today’s competitive business landscape. This is one reason why students apply at colleges that are known for their excellent MBA programs. Victoria International College is one such seat of learning. Students who have completed their 1 Year MBA in Finance program at our college have gone on to enjoy successful and rewarding careers.
Why Study in Malaysia?
We have been imparting quality education to a multicultural student body since our inception in 1976. In the past three decades we have achieved tremendous growth and achieved milestones in the education sector. Many factors distinguish our MBA program and indeed our college as being superior in comparison to other universities.
We have dedicated faculty members who are experts in their field. They hold management degrees and well-learned in finance subjects. Importantly, they all share the common passion for teaching and developing young minds for bright futures in the business domain,
At VIC, the teacher-to-student ratio is low. Our small size classes ensure that each student is given individual attention and nurtured well. This also allows students to interact more freely and easily with their professors, and helps them tremendously in project and dissertation work, where expert guidance is essential.
Our 1 year MBA in Finance degree is aimed at familiarizing students with important business finance concepts like financial risk management, mergers and acquisitions, stock market investment, etc among others. We teach students how to solve financial dilemmas and become well informed financial executives.
About VIC’s 1 Year MBA in Finance
A career in finance is no doubt rewarding and respectable. But it is a field that incorporates many aspects; learning everything is exhaustive and can be achieved only over a 3-4 year time period. Our 1 Year MBA in Finance program imparts knowledge about crucial subjects and concepts that equip students with the know-how and confidence to perform their jobs effectively.
Financial management can be further classified into different branches. Here is a look at some of the financial and accounting concepts that are taught in our 1 year program
International Financial Management
Mergers & Acquisitions
Financial Accounting: This subject deals with core financial concepts like profit and loss accounts, balance sheet, etc. The financial records of a business enable its shareholders, suppliers, owners, employees, government agencies, etc to make vital decisions. Annual financial reports are prepared and published for the perusal of the stakeholders of the company.
Through this concept, you can learn how to prepare financial statements and documents like balance sheets, profit and loss accounts, etc. You will also learn financial reporting procedures here.
Managerial Accounting: This part of accounting deals with providing and analyzing organizational financial information. The financial report here is given to the manager, so that he can analyze the company’s financial situation and make appropriate decisions. Management information systems are used to prepare reports in this case. It differs from financial accounting, in that it is intended for use within the organization. It is not published for the stakeholders and the general public
Managerial Accounting is a planning and decision support system. The syllabus for this subject covers concepts like transfer pricing, cost- benefit analysis, financial forecasting, strategic planning, etc.
Capital Budgeting: Proper allocation of a company’s resources is a very important part of managerial planning process. Capital budgeting deals with budgeting for the long term investments of a company. The major investments can be machinery, research and development projects, new product manufacture, establishment of new plant, etc. The ways of procuring capital through stocks and bonds are also covered in this subject.
The curriculum on this concept includes techniques like net present value, annuity method, internal rate of return, modified internal rate of return, profitability index, etc among others. Major business investments are analyzed using these methods.
Risk Management: This concept helps a supervisor manage risks like credit risks and market risks on an investment. An investment of the company should be such that it can bring in more value to the shareholders. For that, risks have to be effectively managed through suitable financial instruments. Financial risk management involves the identification of the risk source, measurement of risk and identifying ways to overcome the risks using instruments like bonds, stocks, etc.
You will be introduced to terms like futures and options, inflation risks, hedging, etc. This will help you make judicious decisions when you find yourself in a managerial position at a company.
International Financial Management: Changes in the international financial environment no doubt affect businesses. Economic factors play a key role in determining how businesses fare and deciding the strategies to be employed. Here, you will learn about international financial investment and standards. You will learn how aspects like foreign currency, its exchange rate, and etc influence a company’s financial decisions.
You will also learn about concepts like foreign exchange, currency market, investment in international projects, etc. This subject will help you attain a holistic view of international finance.
Mergers and Acquisitions: Several aspects like take over, reverse takeover, hostile takeover, spin- outs, demergers are understood through mergers and acquisitions. This concept involves evaluating the merged company’s business using methods like relative valuation, asset valuation, future earnings valuation, historical earnings valuation, etc. The financial statements can be obtained through audit, notice to reader or review engagement. You will learn what each of these mean and entail, in our comprehensive curriculum.
Apart from these concepts, there are many more subjects on corporate finance (like fund management), cost accounting, strategic financial management, banking and finance, wealth management, portfolio analysis, income tax and taxation, etc. Our 1 year MBA in Finance program helps students understand different aspects of accounting and finance. It educates students about different finance sources, budgeting, and effective utilization of money in business, taxation, and investment of money in productive assets. Students learn about increasing returns on costs and investments, among other important topics.
Why choose this course?
Our curriculum includes all the topics essential to delivering a well-rounded knowledge of financial management. It is forward-thinking, and incorporates new finance concepts and methodologies used in the modern business environment.
Management of finance is essential to all kinds of businesses. The course is designed to teach students the different aspects of finance management in depth. Pursuing this course helps a student to understand how to manage expenses, how to procure better profits and what productive investments are. We have included subjects on risk management, financial management in case of mergers and acquisitions, strategic management of finance, etc among others.
Pursuing this course helps students to understand about the different institutions, markets and instruments involved in finance. You will understand that accounting and finance are different branches. While accounting deals with financial reporting, finance part deals with investment management.
We provide an excellent learning environment to pupils. Interaction is encouraged, and students enjoy classes in a diverse and multi-cultural atmosphere. This allows them to broaden their horizons, learn new things, become more accepting of other cultures, and of course build firm friendships.
The career prospects for a student who has successfully completed his/her 1 year MBA in Finance are excellent. They pave the way for a rewarding career with a good pay. Here are a career options for an MBA in finance:
Investment Banking: this is a booming career as a result of international investment banking companies expanding into many nations. Investment bankers are the people who bring together corporations in need of capital and investors who want to make investments. MBA students are increasingly considered for this job.
Consulting: Management consulting is another booming career for MBAs. Consultants work to provide business solutions to client companies’ problems. They can help the companies understand emerging trends in finance and other fields, and how they can be used to give profits a boost.
Corporate Controller: As a cash controller you will be responsible for preparing your company’s financial reports to predict and summarize its financial situation. Your statements would comprise income statements, balance sheets, expense analysis, and earnings analyses. You will prepare reports that are required to be presented to regulatory bodies.
Cash Managers: As a cash manager, you will control and oversee cash flow, accounts payable and accounts receivable. You will have the responsibility to ensure that your company’s cash position is adequate to meet current and forecasted requirements, and the investment adjustments needed.
Insurance and Risk Managers: All business transactions and operations involve some risk. Insurance and risk managers work towards minimizing the loss their company incurs and lowering the risk exposure.
There are many other career options in finance that you can explore. Our friendly faculty will be more than happy to help you decide on an ideal career option for your individual skills and aptitude. You can apply the knowledge honed in the 1 year MBA in Finance at VIC to forge a successful career.