Last updated on October 31st, 2024 at 12:53 pm

ALLEN ARAVINDAN,CFA

If you are looking for the best choice and a complete guide for the best Finance courses in Mumbai, then read along. I promise, in the end, you would be able not only to understand what are the opportunities in finance but also to understand what these institutes have to offer.

Finance courses in Mumbai recommended by Experts

Last updated on October 23rd, 2024 at 03:38 pm

If you are looking for the best choice and a complete guide for the best Finance courses in Mumbai, then read along. I promise, in the end, you would be able not only to understand what are the opportunities in finance but also to understand what these institutes have to offer.

Finance Courses in Mumbai- Recommended ListRankCourseInstituteRatings on GoogleFees1Financial ModelingMentor Me Careers4.9349992Financial Analysis-Pro DegreeImarticus Mumbai4.1990003PG-IBCMProschool Mumbai4.51,80,0004Masters in Financial ManagementWellinkar Mumbai4.450,000 P.A

Recommended List Finance Courses in Mumbai

Finance Careers in Mumbai: Introduction

Now, there is no need for me to explain that Mumbai is the financial capital of India. So, there is no dearth of opportunities and jobs.

The city hosts companies like JP Morgan Mumbai, Morgan Stanley, Citi Bank, Bank of America, BNP Paribas to name a few.

However, we need to first understand the various branches of finance and the kinds of roles available in finance in Mumbai. In this article I will discuss not just listing out the finance courses in Mumbai but also suggest the best finance courses in Mumbai.

Categories of Finance Courses in Mumbai

Now I think whenever students like you start looking for finance courses, you approach it a never generic way. This is actually the case because you think that all size fits one in Finance. But reality is that Finance is wide. Hence each sub sector requires different kinds of skill sets.

Now based on my 15 years of experience in finance, I would categorise finance courses in three major categories

• Corporate Finance Courses
• Investment Finance Courses
• Generic Skill Sets Courses

Brief About These Fields

Corporate Finance

Now, you might ask what is corporate finance? So, think of it in this example. So lets say you have a company and the business is related to developing housing societies. Hence, your core business is developing residential buildings and selling it to customers.

Now, that’s easier said then done because from the point of ideation to execution and finally selling a property requires

• Building a plan or idea
• Setting budgets to each projects
• Evaluation the performance of each projects.
• Meeting the regulatory requirements for reporting
• Managing surplus profits or meeting capital shortfalls.
• Defining long term strategy of the company.

All of these would fall under the category of corporate finance, because it’s the finance functions in a normal company.

Corporate finance roles:

• Skills: Financial Modeling course is the best suited course because it requires a thorough understanding of financial statements, budgeting, and forecasting. Also, valuation if you primarily targeting investment banking jobs in front office.

Investment Finance

On the other hand investment finance are services where investment banks provide value added services like research, fund management, broking and consulting.

So, the only difference between corporate finance & Investment finance, is that the latter is an external service.

Hence, roles in equity research would be classified as front office & Trade operations roles would be classified as middle office roles. At the same time, corporate actions would be called back office roles.

Category of Finance courses in Mumbai

Now, that you know the three major category of Finance courses in Mumbai, let me list out the broader courses applicable . So thats very important to know the most relevant corporate finance training mumbai which actually helps in your career.

Corporate Finance Courses

Now starting with the first category you are broadly looking at courses which cover financial management, corporate strategy & Financial planning.capital budgeting and valuation courses

Qualifications & Courses

• Chartered accountancy, ACCA or CPA(certified public accountant (cpa) mumbai)
• CIMA, CMA(ICWAI) Or CMA (US)
• Financial Modeling Course

In my opinion these are the necessary courses for corporate finance career.

Investment Finance Courses

Now, the second category of courses is for careers in investment finance. Which according to me are;

• CFA(chartered financial analyst certification mumbai) or FRM or CAIA
• Financial modeling with focus on valuation & Research

These are the most relevant finance courses in Mumbai for investment finance careers.

Popular Finance Courses in Mumbai

Now that I have discussed the category and relevancy of courses and skills. Let me start reviewing and giving you the most popular and high quality courses that you can opt for in Mumbai.

The parameter to judge and review is based on content, case studies, placement assistance and general student feedback about these courses. Primarily the important aspect is placement assistance for finance courses in mumbai

Financial Modeling & Valuations

NSE Financial Modeling Course in Mumbai Mentor Me Careers

For a career in corporate finance & investment finance, financial modeling is a basic tool used for decision-making. Also, most of the interviews will test you on financial modeling skill.

Check the interview questions asked in finance interviews.

       Course Learning Portal Review

Now, the course is divided into 5 Modules or core modules while the 12 specialization modules are separate. Below you can see an inside look at their learning portal.

Further more let me take you inside the equity valuation topic , and show you how the entire module begins and ends its learning.

So, the equity valuation module itself if you can see consists of a division from the first step of industry overview all the way into a practice assignment. And in my own experience I think, the best value is the employability tests which prepare you for the interview level tests.

Course Duration:

The financial modeling course in Mumbai is for three months or 12 weeks in total. Also the total duration of the course in terms of Hrs. is around 200.

Placements Assistance

Check the entire placement report here.

Reviews and Ratings:

Mentor Me Careers is rated as 4.9 on Google and one of the most popular finance certification with job placement

Masters in Finance in Mumbai- Degree Courses

Now let me look at the most recommended and popular masters degreee courses in finance in Mumbai.

Masters in Financial Management- Wellinkar

Now, if you are thinking about a full time course in finance in Mumbai and you have the budget then this course might be a good option. Wellinkar, has established Weschool, under the SP Mandali trust in Mumbai.

Course Structure

The program has six semesters;

Semester 1 Subjects

             I.       managerial economics

           II.       how business works

          III.       accounting for business

          IV.       marketing management

           V.       operations management

          VI.       business statistics

        VII.       organisational behaviour and people management

Semester 2 Subjects:

     I.       legal aspects of business (including basic taxation)

   II.       design thinking and innovation

  III.       business communication

  IV.       intro to e-commerce and digital marketing

   V.       management accounting & fundamentals of financial management

  VI.       business research

Semester 3 Subjects

     I.       international business

   II.       corporate law

  III.       advanced aspects of taxation

  IV.       advanced financial management

   V.       financial markets,products and institutions

  VI.       elective-1 (choose anyone)

1. Fixed Income
2. International Finance

Semester 4:

     I.       strategic management (focus on strategic financial management)

   II.       financial risk management

  III.       financial modelling

  IV.       security analysis and portfolio management

   V.       m&a and restructuring

  VI.       elective-2 (choose anyone)

1. management of banks and financial services
2. behavioural finance

Semester 5:

1. research project
2. executive skills
3. book review
4. elective-3 (choose any 1)
5.  Investment Banking
6.  Wealth Management

Semester 6:

1. research project
2. executive skills
3. book review
4. elective-4 (choose any 1)
5. entrepreneurship
6. Cross Functional Management

Admission & Fees

So, unlike the expensive options discussed which anyways costed you more than 1Lac, this can come as good option

• For Mumbai university students INR 49,775 .PA. Hence for three years, it would be approximately 1.5 Lacs
• Even for outside Mumbai students but in mahrastra, the fees is INR 50,155. P.A.

MSC in Finance In Mumbai- JBIMS

JBIMS’s MSc in Finance program is well-structured and is planned in such a way that it develops future professionals in two years. This course has been developed with the help of various leaders like the former Prime Minister Dr. Manmohan Singh and is designed from courses offered by some of the best universities in the world including the London School of Economics. 

Course Content

This course works on the amalgamation of theory with the practice in almost all areas of finance. In the first two years, students get basic education in areas such as accounting and finance and various analytical tools. Later on, they are exposed to corporate governance, econometrics, ethics in finance, investment banking and portfolio management.

Fees

The fees of the Msc In finance course by JBIMS is 6 Lacs for the 2 years of program. Now provided that you get the platform of JBIMS for placements then the fees sounds very reasonable.

Testimonial by Ex Student

• The JBIMS M.Sc. Finance Program offers a unique opportunity to students willing to work hard and is relatively more attractive because of the placement numbers. The M.sc. is clearly a money spinning program as one is able to generate an average CTC of 21.36 lpa and gainfully find top offers around 27 lpa.
• Names such as Bloomberg, Citi, HDFC that are recruiting from JBIMS just goes on to establish the placement strength of the program.
• It is a highly selective program and the criteria may seem rigid but making an application even with only slightly lower scores to cutoff can yield returns exponentially in the career path.

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