CA/CFAs Vs. MBA Finance

The tryst between the CA/CFAs and the MBA Finance seems to be getting worse, with CA/CFA having an edge over the MBA-F.  CA/CFA have in depth knowledge of the subject, as they are more exposed towards it. Whereas an MBA-F student has to diversify in different aspects of the business and hence in terms of knowledge of the finance(2-year course) they face tough competition from the CAs.                                                                     INDUSTRY EXPECTATIONS        
FINANCIAL SERVICES- 
1.Banking
2. Stock market
3. Commodities
4. Debt market
5. Insurance
6. Mutual funds.

CORE FINANCE

 1. Capital budgeting

 2.Capital structure

 3. Working capital managemet                                                                                                                                                                                                                             For the core finance job companies want CAs to take care of the proceedings. They don't generally prefer MBA-F in this area. MBA-F students are employable in area of financial services and for this as well they have to increase their financial base by way of value addition courses like NCFM modules by NSE. So in a way their career is hard but once they get into the corporate world then their 360 degree business knowledge takes them through..... So don't worry ....cheer up :)))))))

strategic finance management

The study of finance keeping in mind the strategic goals of the company for a long term. These days financial management is being reffered to as "strategic financial management" in order to give it a broader scope.
There are various tasks associated with it. They are as under :-

• Capital budgeting
• Risk management
• Financial analysis
• Working capital management
• Foreign exchange & risk management
• Derivatives
• Asset pricing
• Investment banking
• Mergers & Acquisitions

All the aforesaid areas are the seperate fields altogether. One has to develop his insights into various aspects such aspects before he considers himself as the expert in this area of financial excellence.

Finance which is generally considered to be an emotion less subject, but due to the emergence of "SFM" this notion about the finance is undergoing a drastic change.

Finance is slowly converting to phynance i.e. the study about the human. After the big scams like that of stock market by Harshad Mehta or the latest 2G spectrum scam by A Raja has made the impact of human activity very clear.

Next big thing in SFM is the reason behind the organistional structure- why the came up; what the logic behind the big or small size organisation. Various  problems are-:

• Agency problems
• Goal conflict
• Rent seeking behavior 
• Free ridership
• Bounded rationality.

In the next step SFM talks about the strategy formulation by the company keeping in mind the human behavior.