Why MBA in Capital Market?
MBA in Capital Market…… an amazing avenue to sharpen our Financial acumen
How many of us are in a position call ourselves financially literate? Tough question for many..
Financial literacy is the ability to understand how money works. It is about the skill to make, manage and invest money. This helps individuals to become self sufficient and walk confidently towards financial stability. The main steps to achieving this include learning the skills to create a budget, the ability to track our spending, how to make our money grow and planning for the retirement.
We can see that financial illiteracy can affect all sections of our society and causes many people to become helpless victims of lending, debts and high interest rates. This is one scenario.
Let us look at another scenario. The financial services Industry in India has been enjoying a robust growth with the asset management industry being one of the fastest growing in the world. As of November 2017, 42 asset management companies were operating in the India. At the end of March 2018, assets under management of mutual fund industry stood at Rs 21.36 lakh crore.
As we are all aware that Financial sector is the backbone of the country’s economy, it is crucial to grasp and nurture the growth of this important sector to ensure sustained growth. A deeper look into India’s Economy, leads us to concept of Capital markets which has been contributing significantly to India’s growing economy. The capital market connects the monetary sector with the real sector thereby facilitating growth in the real sector and economic development. The importance of capital market cannot be underestimated as it is only with the help of these, the long terms funds are raised by the business communities. A well developed capital market provides an opportunity for the investors to know the trend of different securities and conditions of economy. It enables the country to achieve economic growth through capital formation.
Looking at the two scenarios, makes us realize the importance of studying Capital Markets to enable ourselves to be more financially literate and become better decision makers about our financial goals.
About Capital Markets:
Let us try to get introduced to what is Capital Markets all about.
In simple terms, the Capital Markets include all activities associated with the flow of financial capital between investor and borrowers. The capital markets consist of development banks, commercial banks and stock exchanges.
The capital market can be divided into:
- Primary Markets: where new stocks are sold to investors through a mechanism called Underwriting.
- Secondary markets: This is also called as after market where existing securities are traded.
This definitely is an interesting and intellectually stimulating field. Now what does it take to hone our capital market acumen?
MBA in Capital Markets along with professional diploma in Capital markets is the best way to study and gain an edge in our profession to climb up the career ladder besides being an able financial decision maker.
Robust certification program:
- MBA in capital Markets with Professional diploma in Capital Markets from University of West of Scotland UK offered by Educesta Global.
- Certified Program in Capital Markets from Stock Market Institute.
The objective of the program is create capital market specialists to analyse and interpret financial markets, economic trends, banking and investments.
Here is Stock Market expert talking about why MBA in Capital Market
The skills needed to ace it in the capital markets domain
- Knowledge of Economics: To understand what drives economical
changes. There are various drivers of Economy like politics, inflation, deflation,
- Research and Analytical skills for Market analysis: These play an important role to analyse the reasons for changes in the market
- Good communication skills: to persuade and convince clients and to discuss various strategies
- Mathematical knowledge: As capital market is all about mathematics, this knowledge counts a lot.
Career in Capital Markets is humongous. Gaining a foothold and progressing in this domain can be an enriching journey in itself. After their MBA in Capital Market, the students can look forward to the climb which is challenging as well as fulfilling. In the initial stages as Business Development Executive ( BDE) in any Broking firm, the professional’s role would be to acquire new customers to help the business grow. Then as Assistant Relationship Manager (ARM) AND Relationship Manager (RM),the work profile would involve building business and client servicing. The professionals can gradually move up the ladder being the branch head, regional head, Vice President, Senior Vice President and reach the CEO position.
With right skills and best-in-class MBA in Capital Markets program, the students can definitely think of realizing their dream of being capital market wizards!
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