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MBA in Finance at Indian Institute of Engineering Science and Technology, Shibpur
Howrah, West Bengal
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About the Specialization
What is Finance at Indian Institute of Engineering Science and Technology, Shibpur Howrah?
This Finance specialization program at Indian Institute of Engineering Science and Technology, Shibpur, focuses on equipping students with a robust understanding of financial markets, investment strategies, and corporate finance principles. It is designed to meet the growing demand for skilled finance professionals in India''''s dynamic economic landscape, covering both traditional and emerging areas like derivatives, risk management, and wealth management, providing a comprehensive toolkit for financial leadership.
Who Should Apply?
This program is ideal for fresh graduates from commerce, engineering, or other quantitative backgrounds aspiring to enter the finance sector. It also caters to working professionals seeking to enhance their financial acumen for career advancement in Indian financial institutions. Furthermore, career changers transitioning to the lucrative Indian financial services industry, provided they meet the academic and competitive entrance exam prerequisites, will find this program beneficial.
Why Choose This Course?
Graduates of this program can expect promising career paths in investment banking, corporate finance, portfolio management, risk management, financial advisory roles, and wealth management across Indian and multinational corporations. Entry-level salaries typically range from INR 4-8 LPA, with experienced professionals earning significantly more. The curriculum aligns with requirements for professional certifications like NISM, enhancing professional credibility and growth trajectories in the Indian job market.
Student Success Practices
Foundation Stage
Master Quantitative Methods and Accounting- (Semester 1-2)
Dedicate significant time in Semesters 1 and 2 to thoroughly understand core subjects like Quantitative Methods for Management and Accounting for Managers. Form study groups, solve numerous practice problems, and utilize online resources like Khan Academy for foundational clarity. This builds a strong analytical base crucial for all advanced finance concepts.
Tools & Resources
Core textbooks, previous year question papers, Khan Academy, Excel for practical exercises
Career Connection
A strong grasp of these fundamentals is essential for financial modeling, data analysis, and interpreting financial statements, which are critical skills for entry-level finance roles in India.
Develop Strong Business Communication Skills- (Semester 1-2)
Actively participate in business communication labs, group discussions, and presentations. Join college clubs like Toastmasters or debating societies to refine public speaking and articulation. Effective communication is paramount in finance for client interactions, team collaboration, and clearly conveying complex financial information in the Indian corporate context.
Tools & Resources
Toastmasters International, presentation software, peer feedback sessions, mock interviews
Career Connection
Crucial for excelling in interviews, delivering compelling client pitches, drafting clear internal reports, and assuming leadership roles within the Indian financial sector.
Build Foundational Network and Industry Awareness- (Semester 1-2)
Attend departmental seminars, industry webinars, and guest lectures to understand current trends and challenges in the Indian financial market. Connect with alumni and faculty via LinkedIn to gain insights into diverse career paths. Start reading national financial newspapers like The Economic Times and Business Standard daily to stay updated.
Tools & Resources
LinkedIn, IIEST Alumni Network, financial news dailies, industry-specific blogs
Career Connection
Early networking helps in identifying valuable internship opportunities and understanding specific industry expectations, giving you a competitive edge in Indian placements and career progression.
Intermediate Stage
Engage in Certifications and Financial Modeling Workshops- (Semester 3)
Beyond classroom learning, actively pursue relevant professional certifications such as NISM modules (e.g., Equity Derivatives, Mutual Funds) or specialized financial modeling courses. Practice building robust financial models using Excel for company valuation and forecasting. This practical skillset is highly valued by Indian recruiters.
Tools & Resources
NISM certifications, online courses (Udemy/Coursera) on Financial Modeling, WallStreetMojo, EduCBA
Career Connection
Directly enhances employability for sought-after roles in equity research, investment banking, and financial analysis across Indian companies and multinational corporations operating in India.
Undertake Impactful Summer Internships- (Between Semester 2 and 3)
Actively seek and secure a summer internship in a reputed financial firm, bank, or startup within India. Focus on projects that allow you to apply theoretical knowledge and gain practical, hands-on experience. Document your learnings and contributions meticulously for your resume and future interviews.
Tools & Resources
College placement cell, LinkedIn, Internshala, company career pages, faculty recommendations
Career Connection
A strong internship often leads to pre-placement offers (PPOs) and provides invaluable industry exposure, significantly boosting your final placement chances in the competitive Indian market.
Participate in Finance Competitions and Case Studies- (Semester 3)
Join college teams for finance-related competitions, stock market simulations, and business case study challenges. This hones critical analytical, problem-solving, and team-working skills under real-world pressure. It also provides excellent exposure to complex business problems and networking opportunities with industry professionals.
Tools & Resources
Dare2Compete, StockGro, internal college competitions, business school case libraries
Career Connection
Showcases initiative, practical application of knowledge, and a competitive spirit to potential employers, making you a more attractive candidate for challenging roles in Indian finance firms.
Advanced Stage
Specialize and Execute a Value-Adding Project Work- (Semester 4)
Based on your career aspirations, wisely choose electives in Semester 3 and 4 to build specialized expertise in domains like investment banking, risk management, or wealth management. Undertake a comprehensive project work (MBA 408) that addresses a real-world financial problem and adds significant value, showcasing your specialized knowledge.
Tools & Resources
Advanced finance textbooks, research journals, industry reports, faculty mentors, financial databases
Career Connection
Develops deep expertise for specialized roles, differentiating you in a crowded job market and allowing you to target specific high-growth areas within India''''s financial sector.
Intensive Placement Preparation and Mock Interviews- (Semester 4)
Engage in rigorous placement preparation, focusing on quantitative aptitude, logical reasoning, verbal ability, and domain-specific knowledge related to finance. Participate actively in mock interviews (technical and HR) conducted by the placement cell, faculty, and alumni. Prepare a tailored resume and cover letter for each target company.
Tools & Resources
Placement cell resources, online aptitude tests (IndiaBix), interview prep guides, Glassdoor, company-specific HR insights
Career Connection
This structured preparation is crucial for converting interview opportunities into actual job offers from top Indian and multinational companies during final placements.
Develop Professional Online Presence and Personal Branding- (Throughout the program, intensified in Semester 4)
Curate a strong professional profile on LinkedIn, highlighting your skills, academic projects, and internship experiences. Actively share insightful articles and engage with industry leaders to demonstrate your understanding of financial trends. A well-maintained online presence acts as a dynamic digital resume and network, enhancing visibility to recruiters in India.
Tools & Resources
LinkedIn, professional networking events, personal website/blog (optional)
Career Connection
Builds a robust professional brand that can open doors to opportunities beyond traditional campus placements, fostering long-term career growth and recognition in India''''s competitive business landscape.
Program Structure and Curriculum
Eligibility:
- Candidates must possess a Bachelor''''s Degree in Engineering/Technology or equivalent OR a Bachelor''''s Degree in any discipline with Mathematics/Statistics as one of the subjects from a recognized University/Institute. A minimum of 60% marks (or 6.5 CGPA on a 10-point scale) is required for General/OBC candidates, and 55% marks (or 6.0 CGPA) for SC/ST/PwD candidates. Additionally, candidates must have a valid CAT/MAT/CMAT/XAT/GMAT score.
Duration: 2 years (4 semesters)
Credits: 88 Credits
Assessment: Internal: 40%, External: 60%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MBA 101 | Management Process & Organizational Behaviour | Core | 3 | Introduction to Management, Planning and Decision Making, Organizing and Staffing, Controlling, Foundations of Organizational Behaviour, Motivation and Leadership |
| MBA 102 | Managerial Economics | Core | 3 | Introduction to Managerial Economics, Demand and Supply Analysis, Production and Cost Analysis, Market Structures, Pricing Strategies, Macroeconomic Environment |
| MBA 103 | Accounting for Managers | Core | 3 | Introduction to Financial Accounting, Accounting Concepts and Principles, Financial Statements Analysis, Cost Accounting, Budgetary Control, Working Capital Management |
| MBA 104 | Business Environment | Core | 3 | Introduction to Business Environment, Economic Environment, Political and Legal Environment, Socio-cultural Environment, Technological Environment, International Business Environment |
| MBA 105 | Quantitative Methods for Management | Core | 3 | Linear Programming, Decision Theory, Game Theory, Network Analysis (PERT/CPM), Statistical Inference, Regression Analysis |
| MBA 106 | Business Communication | Core | 3 | Principles of Communication, Oral Communication, Written Communication, Business Correspondence, Presentations and Public Speaking, Cross-cultural Communication |
| MBA 107 | IT Applications in Management | Core | 3 | Introduction to Information Technology, Database Management Systems, Networking and Internet, Enterprise Resource Planning (ERP), E-commerce, Cyber Security |
| MBA 108 | Business Skills Lab | Lab | 2 | Group Discussions, Interview Skills, Presentation Skills, Report Writing, Negotiation Skills, Team Building Exercises |
| MBA 109 | Computer Applications in Business Lab | Lab | 2 | MS Office Suite for Business, Data Analysis with Spreadsheets, Database Operations (SQL basics), Presentation Software Techniques, Internet for Business Research, Business Analytics Tools |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MBA 201 | Marketing Management | Core | 3 | Introduction to Marketing, Consumer Behaviour, Market Segmentation & Targeting, Product and Pricing Decisions, Promotion and Distribution Channels, Marketing Research |
| MBA 202 | Financial Management | Core | 3 | Introduction to Financial Management, Time Value of Money, Capital Budgeting, Cost of Capital, Capital Structure, Working Capital Management |
| MBA 203 | Human Resource Management | Core | 3 | Introduction to HRM, HR Planning and Recruitment, Training and Development, Performance Management, Compensation Management, Industrial Relations |
| MBA 204 | Operations Management | Core | 3 | Introduction to Operations Management, Production Planning and Control, Inventory Management, Quality Management, Supply Chain Management, Project Management |
| MBA 205 | Business Research Methods | Core | 3 | Introduction to Business Research, Research Design, Data Collection Methods, Sampling Techniques, Data Analysis (Statistical Tools), Report Writing and Presentation |
| MBA 206 | Legal & Business Ethics | Core | 3 | Indian Contract Act, Sale of Goods Act, Companies Act, Consumer Protection Act, Ethics in Business, Corporate Governance |
| MBA 207 | Entrepreneurship & Small Business Management | Core | 3 | Introduction to Entrepreneurship, Business Idea Generation, Business Plan Development, Sources of Finance for Start-ups, Managing Small Businesses, Government Policies for SMEs |
| MBA 208 | Management Lab | Lab | 2 | Case Study Analysis, Business Simulation Games, Decision Making Exercises, Leadership Role Plays, Problem-Solving Techniques, Ethical Dilemma Discussions |
| MBA 209 | Research Methods Lab | Lab | 2 | SPSS for Data Analysis, Survey Design and Tools, Qualitative Research Software, Report Generation from Data, Hypothesis Testing with Software, Data Visualization |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MBA 301 | Strategic Management | Core | 3 | Nature of Strategic Management, Environmental Analysis, Strategy Formulation, Strategy Implementation, Strategic Control, Corporate Social Responsibility |
| MBA 302 | Management Information System | Core | 3 | Foundations of MIS, Information Systems for Business Operations, Decision Support Systems, Knowledge Management, E-business and E-commerce, IS Security and Control |
| MBA 303 (FN) | Investment Analysis & Portfolio Management | Elective | 3 | Investment Environment, Risk and Return, Equity and Bond Valuation, Portfolio Theory, Portfolio Performance Evaluation, Asset Allocation |
| MBA 304 (FN) | Financial Markets & Institutions | Elective | 3 | Indian Financial System, Money Market, Capital Market, Financial Institutions (Banks, NBFCs), SEBI Regulations, Global Financial Markets |
| MBA 305 (FN) | Risk Management & Insurance | Elective | 3 | Introduction to Risk Management, Risk Identification and Measurement, Risk Control and Financing, Principles of Insurance, Life and General Insurance Products, Insurance Regulatory Framework (IRDAI) |
| MBA 306 (FN) | Corporate Taxation | Elective | 3 | Basic Concepts of Income Tax, Heads of Income (Salaries, House Property), Profits & Gains of Business or Profession, Capital Gains, GST (Goods and Services Tax), Tax Planning & Management |
| MBA 307 (FN) | Financial Derivatives | Elective | 3 | Introduction to Derivatives, Forward Contracts, Futures Contracts, Options Trading, Swaps, Hedging Strategies |
| MBA 308 | Summer Internship | Project | 4 | Industry Exposure, Practical Application of Management Concepts, Problem Identification, Data Collection and Analysis, Report Writing, Presentation of Findings |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MBA 401 | International Business Management | Core | 3 | Globalization and International Business, Theories of International Trade, Foreign Direct Investment, International Monetary System, Cultural Environment of International Business, International Marketing and HR |
| MBA 402 | Total Quality Management | Core | 3 | Foundations of TQM, Quality Gurus and Philosophies, Statistical Process Control, Quality Tools and Techniques, Six Sigma, ISO Standards and Quality Audits |
| MBA 403 (FN) | Mergers & Acquisitions and Corporate Restructuring | Elective | 3 | Introduction to M&A, Valuation for M&A, Types of Mergers, Legal and Regulatory Framework, Post-Merger Integration, Corporate Divestitures and Spin-offs |
| MBA 404 (FN) | International Financial Management | Elective | 3 | Foreign Exchange Markets, Exchange Rate Determination, Managing Foreign Exchange Exposure, International Investment Decisions, International Financing Decisions, Multinational Capital Budgeting |
| MBA 405 (FN) | Project Appraisal & Finance | Elective | 3 | Project Identification and Selection, Project Feasibility Analysis, Project Cash Flow Estimation, Risk Analysis in Project Appraisal, Sources of Project Finance, Project Implementation and Control |
| MBA 406 (FN) | Wealth Management | Elective | 3 | Introduction to Wealth Management, Financial Planning Process, Investment Products for Wealth Creation, Retirement Planning, Estate Planning, Tax Planning for Individuals |
| MBA 407 (FN) | Management of Financial Services | Elective | 3 | Overview of Financial Services, Merchant Banking, Leasing and Hire Purchase, Factoring and Forfaiting, Credit Rating, Mutual Funds and Venture Capital |
| MBA 408 | Project Work | Project | 4 | Problem Definition and Literature Review, Methodology Design, Data Collection and Analysis, Interpretation of Results, Thesis Writing, Viva Voce Examination |
