MBA Finance vs Marketing

MBA - FINANCE study focus investments, securities, market analysis, economics, costing etc., Graduation (any stream - preferably commerce) Finance team design strategies to raise capital from different sources for effective funding of projects It assesses risks and benefits involved in projects vis--vis market economics

MBA - Marketing Marketing, sales, branding, finance, advertisement, people management etc., Graduation (any stream)

eligibility

roles (head-tohead)

Marketing team brings in sales - money, which runs the organisation. It designs innovative promotional strategies that cuts across people and defy market conditions to bring in profits all time. Analysing & assessing product feasibility Design marketing strategies Setting marketing goals Branding Planning Promotional campaigns Client research etc., Higher (organisations needs different marketing teams and strategies to sell different products & services hence a bigger marketing team) Higher Marketing job is based on performance, and markets are unpredictable. Hence it poses a higher risk to job security for non-performers.

work profile

Compiling financial information Assessing feasibility of projects Raising funds Cost management Analysing legal and financial aspects of new investments

Career demand Medium (no. of jobs vis--vis people required in an (though finance is the life-blood of an organisation) organisation, the team consists of less management personnel as compared to marketing / sales.) Career risks Medium to High Finance jobs, esp. in investment companies, which are directly dictated by market conditions, are more risk prone, due to fluctuating marketing conditions. However, they are far more secure in other industries. skills & attributes Common to both

clear communication reasoning skills positive attitude problem solving skill make and implement decisions Role specific numerical ability attention to detail

zeal to sell creative willingness to take risks logical approach outgoing personality

which one to choose

Both fields have great career prospects, hence Choose the field that appeals you more Define the role you wish to play in future, and Ensure you have talents and skills to match your choice.