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MBA in Finance Vs MBA in HR - Which Degree is Better?

MBA in Finance Vs MBA in HR - Which Degree is Better?

Edited By Anusha Bhalotia | Updated on Mar 18, 2024 11:00 AM IST | #CAT

MBA in finance Vs MBA in HR: Master of Business Administration (MBA) is one of the most sought-after postgraduate programmes in India. Choosing the right MBA specialisation is the most important decision one must carefully make. MBA in Finance and MBA in Human Resources are two of the most opted specialisations. Go through the complete article to know the eligibility criteria, career prospects, comparison between MBA in HR vs MBA in Finance, etc.

Also Read: How To Choose Your Specialization In MBA

MBA in Finance Vs MBA in HR

Every organisation requires a finance and HR department to manage its finances and human resources. MBA in finance allows students to dive into the intricacies of financial markets and financial aspects of a business. Whereas, an MBA in Human Resource Management imparts skills in managing and administering an organisation's human capital.

Check Out: Top MBA Specializations in India

MBA in HR Vs MBA in Finance: Eligibility Criteria

For MBA admission to top B-schools in India, candidates must meet the minimum eligibility criteria given below:

  • Minimum 50% marks in the undergraduate degree from a recognised university.

  • Must have taken and met the minimum cut off of an MBA entrance exam accepted by the respective MBA college in India.

  • Candidates must clear the WAT, GD and PI rounds if required by their respective colleges.

  • Work experience if demanded by any B-school as one of its shortlisting criterias.

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DSU- Dayanand Sagar University MBA 2024

60+ Years of Education Legacy | UGC & AICTE Approved | Prestigious Scholarship Worth 6 Crores

MBA Entrance Exams in India

Candidates wanting to pursue an MBA programme must appear for any of the following national state and university-level MBA entrance exams for admission to top MBA colleges in India.

National Level MBA Entrance Exams

CAT 2023 College Predictor
Know your admission chances in IIMs & other top MBA colleges based on your CAT percentile by using CAT 2023 College Predictor.
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State-Level MBA Entrance Exams

ISBR Business School PGDM Admissions 2024

Ranked as Platinum Institute by AICTE for 5 years in a row | Awarded Best Business School of the Year

BIMTECH PGDM 2024

AACSB Accredited | Highest CTC 23.43 LPA

University-Level MBA Entrance Exams

Question- What is the duration of MBA in finance and MBA in HR?

Answer- Both MBA in HR and MBA in Finance are two-year full-time programmes divided into four semesters having two semesters each year.

Also Read:

MBA in Finance Vs MBA in HR: Curriculum

The MBA in HR and MBA in Finance curriculum offers both practical and theoretical knowledge to help candidates put their best foot forward in the corporate world. Their MBA in Finance and MBA in HR curriculum provides in-depth knowledge of its core and elective subjects along with skill development.

MBA in Finance -

Features

MBA in Finance Subjects/Skills

Core Subjects

  • Financial Accounting

  • Managerial Economics

  • Corporate Finance

  • Investment Management

  • Financial Risk Management

  • Financial Statement Analysis

Elective Subjects

  • Derivatives and Risk Management

  • International Finance

  • Mergers and Acquisitions

  • Portfolio Management

  • Corporate Valuation

Skill Development

  • Analytical skills

  • Financial modeling

  • Understanding of financial markets

  • Risk assessment

  • Strategic financial decision-making.

MBA in Human Resource Management -

Features

MBA in HR Subjects/Skills

Core Subjects

  • Organisational Behavior

  • Human Resource Management

  • Industrial Relations

  • Talent Management

  • Compensation Management

  • Performance Appraisal

Elective Subjects

  • Training and Development

  • HR Information Systems

  • Diversity Management

  • Change Management

  • Labor Laws

Skill Development

  • People management

  • Conflict resolution

  • Negotiation skills

  • Recruitment strategies

  • Employee engagement

  • Understanding of labor laws and regulations

Along with these subjects and skills, the curriculum also offers hands-on industrial projects, case studies and internships for corporate experience and practical knowledge.

MBA in Finance Vs MBA in HR: Career Prospects

The key difference between MBA in Finance and MBA in HR in their career prospects is that an MBA finance graduate focuses on managing financial resources, optimising investments, and minimising risks to increase profitability and shareholder value. On the other hand, MBA in Human Resources graduate focuses on managing human capital, nurturing better employee engagement, and they align HR practices with organisational goals to drive performance and innovation.

MBA in Finance: Career Prospects-

  • Financial Analyst: Conducts quantitative analysis of financial data to inform decisions regarding investments, pricing, and risk management.

  • Investment Banker: Facilitates capital raising, mergers, acquisitions, and other financial transactions for corporations and governments.

  • Risk Manager: Identifies, assesses, and minimises potential risks to a company's financial performance, including market, credit, and operational risks.

  • Financial Consultant: Offers expert guidance on financial matters to individuals, businesses, and government agencies, assisting in wealth management, taxation, and strategic planning.

  • Corporate Treasurer: Manages an organisation's financial strategy, including cash management, risk assessment, and investment decisions.

  • Asset Manager: Oversees the investment portfolios of individuals or institutions, making decisions to maximise returns while staying within acceptable risk limits.

  • Financial Controller: Ensures accurate financial reporting, compliance with regulations, and effective internal controls within an organisation.

MBA in Human Resources Career Prospects-

  • Human Resources Manager: Develops and implements HR strategies to attract, retain, and develop talent within an organisation, overseeing recruitment, training, and performance management.

  • Talent Acquisition Specialist: Identifies, evaluates and selects candidates from a pool of applicants for job openings, ensuring a high-quality talent pipeline for the company.

  • Employee Relations Manager: Handles employee grievances, disciplinary actions, and conflict resolution processes, fostering a positive work environment and ensuring legal compliance.

  • Compensation and Benefits Manager: Designs and administers employee compensation and benefits programmes to attract and retain top talent while ensuring cost-effectiveness and compliance with regulations.

  • Organisational Development Consultant: Identifies opportunities to enhance organisational effectiveness and employee engagement through initiatives such as culture development, change management, and leadership training.

  • HR Business Partner: Collaborates with business leaders to align HR strategies with the company’s objectives, guiding workforce planning, performance management, and talent development.

  • Learning and Development Manager: Creates and delivers training programmes to improve employees' skills and knowledge, supporting career development and succession planning initiatives.

Check Out:

MBA in Finance Vs MBA in HR: Top Colleges

Choosing the right colleges is a very important decision for any candidate willing to pursue an MBA. The MBA colleges must be chosen by considering factors like fees, curriculum, placements, etc. Below is the list of the top colleges for MBA in finance admission and MBA in HR admission.

Top MBA in Finance colleges in India

Top MBA in Human Resources Colleges in India

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Questions related to CAT

Have a question related to CAT ?

The Common Admission Test, is a computer based standardized test conducted in India. It is one of the most prestigious and competitive entrance exams for admission into postgraduate management programs, Including MBA, in various Indian Institutes of Management and other top business schools across the country.

To know more about CAT 2024 like exam date, eligibility, syllabus and more, click on the below link.

https://bschool.careers360.com/articles/cat-2024


Both GMAT and CAT exams are considered to be highly competitive. Therefore, it is difficult to measure which one is harder than the other as it depends on the individual strengths ,weaknesses, and personal preferences.

GMAT quant section is often considered to be easier, however, its verbal section is tougher for non-native English speakers. Whereas, CAT quant section is considered to be trickier in comparison to the verbal section. Therefore, students are advised to analyse both CAT and GMAT exam pattern carefully before opting for one.

Hello

Generally admissions are given based on your rank. So based on your overall percentile in JEE your rank could be between 56470 - 63480 approximately.

Unfortunately, Based on the marks you scored, it will be difficult to get admitted into NIT Trichy under OBC category. However there is also a second chance for you to attend for JEE, so I recommend you to take that chance and score better.

You can check the colleges you are eligible for using the below link.

https://engineering.careers360.com/jee-main-college-predictor?utm_source=qna&utm_medium=jee_cp


Hello Aspirant

Congratulations on your score, There are many good B schools at 80-85%ile in CAT and XAT
1)Great Lakes, Chennai
2)IRMA
3) Goa Institute of Management
4) NIBM
5) TAPMI
Do your research about these colleges as to what is their average package, the roles offered.

Colleges like NIBM specialize in Finance, and IRMA has a lot of sales marketing Roles. So ultimately the choice is yours which specialization you want to pursue.

View All

1-radian measures 600. (True/False)

Option: 1

True


Option: 2

False


$111111^2$ = 

Option: 1

123456654321


Option: 2

123454321


Option: 3

123454321


Option: 4

12345654321


1111112 =___________ 

Option: 1

 123456654321


Option: 2

1234554321


Option: 3

123454321


Option: 4

12345654321


159702 is divisible by

Option: 1

7


Option: 2

9


Option: 3

11


Option: 4

6


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

What best can be said about the number of satellites serving C? 

Option: 1

Must be between 450 and 725 

 


Option: 2

Cannot be more than 800 
 


Option: 3

Must be between 400 and 800 

 


Option: 4

Must be at least 100 


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

What is the minimum possible number of satellites serving B exclusively? 

Option: 1

100


Option: 2

200


Option: 3

500


Option: 4

250


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

If at least 100 of the 1600 satellites were serving O, what can be said about the number of satellites serving S? 

Option: 1

At most 475 

 


Option: 2

Exactly 475 
 


Option: 3

At least 475 

 


Option: 4

No conclusion is possible based on the given information 


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

 If the number of satellites serving at least two among B, C, and S is 1200, which of the following MUST be FALSE? 

Option: 1

The number of satellites serving C cannot be uniquely determined 

 


Option: 2

The number of satellites serving B is more than 1000 
 


Option: 3

All 1600 satellites serve B or C or S 

 


Option: 4

The number of satellites serving B exclusively is exactly 250 


2839155 is divisible by

Option: 1

2


Option: 2

7


Option: 3

55


Option: 4

None of the above


'a' for which x^{2}-ax+9= 0 can be written as square of a linear factor is

Option: 1

6


Option: 2

-6,6


Option: 3

\left ( 6,\infty \right )


Option: 4

\left ( -\infty,-6 \right )


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Individuals who opt for a career as a business analyst look at how a company operates. He or she conducts research and analyses data to improve his or her knowledge about the company. This is required so that an individual can suggest the company strategies for improving their operations and processes. Students can visit the Great Lakes Institute of Management, Jamnalal Bajaj Institute of Management Studies to study Business Analytics courses. Business analyst jobs are usually done to help the company make more money, solve existing business problems and achieve its goals.

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