I am doing M.A. financial economics so, my question is that in the job market my degree is considered same with MBA in finance or Masters in finance?

Ans: While CMA can certainly be beneficial for a career in finance, it primarily emphasizes management accounting rather than broader financial analysis or investment management.

Trying for CMA with an MBA (Finance) can be a good option.

I didn't really get the Online MBA though Chandigarh University. If it is through CU, where NMIMS come in picture? Online MBA through CU maybe questionable. NMIMS is a bigger name in MBA and hence more reputable!

Other alternative options to be pursued may be Chartered Financial Analyst (CFA), Certified Financial Planner (CFP) or even Master's in Finance (MFin)

Ans: I would like to have a bit more detail about your background. Is this an informed choice or just because someone told you to do so?

CFA is a very high involvement option - Both costly and would require much more intensive preparation from you!

MBA is costly as well as would require you to go for a commitment of two years

Please share more details for me to be able to help you

Ans: Can look at option of pursuing CFA as he is looking for career in Finance. Can start preparing for CAT when he reaches 2nd year if he plans to pursue MBA.

Ans: Job is most common option. Either can look at a big organisation or a start up. Can look at doing PhD or NET and getting into teaching field. If you are entrepreneurial, then can look at starting something on your own. But till you get an idea, can take up a job in a start up to get some experience.

Ans: Certainly! Shifting gears from mechanical engineering to finance is like swapping a wrench for a calculator – a bold move that can steer your career towards exciting new avenues. With your solid foundation in engineering and a penchant for numbers, pursuing an MBA in finance from a top business school can open up a treasure trove of opportunities in the financial realm. Here's a glimpse of the promising career scope awaiting you:

1. Investment Banking: Dive into the fast-paced world of investment banking, where you'll be crunching numbers, structuring deals, and rubbing elbows with movers and shakers in the corporate world. Think of it as your chance to become the financial equivalent of a Formula 1 pit crew, orchestrating high-stakes transactions with precision and finesse.

2. Corporate Finance: Picture yourself as the financial maestro behind the scenes of a thriving corporation. With roles like financial analyst, treasurer, or CFO at your disposal, you'll be instrumental in steering the financial ship towards success, all while sporting your signature engineering mindset for problem-solving.

3. Asset Management: Join the ranks of financial wizards managing portfolios and maximizing returns for clients. Whether it's navigating the choppy waters of stock markets or fine-tuning investment strategies, your analytical prowess will shine as you navigate the highs and lows of the financial landscape.

4. Financial Consulting: Become a financial guru sought after by companies in need of strategic advice. Armed with your MBA in finance, you'll be the go-to expert for unraveling complex financial puzzles, devising growth strategies, and sprinkling a dash of innovation into the mix.

5. Private Equity and Venture Capital: Embark on a thrilling journey into the world of private equity or venture capital, where you'll be on the lookout for the next big thing. Channel your inner entrepreneur as you scout promising startups, fuel growth initiatives, and unleash your creative genius in shaping the future of business.

6. Risk Management: With your engineering knack for identifying and mitigating risks, a career in risk management beckons. Whether it's safeguarding financial institutions from market fluctuations or protecting assets from unforeseen perils, you'll be the unsung hero keeping the financial world spinning smoothly.

7. Financial Technology (FinTech): Ride the wave of innovation in the FinTech industry, where finance meets technology in a harmonious dance of digits and bytes. As a FinTech aficionado, you'll be at the forefront of revolutionizing banking, investing, and payments, all while embracing the thrill of cutting-edge technology.

Remember, the journey from mechanical engineering to finance may seem like a leap of faith, but with your determination and thirst for knowledge, you're more than equipped to conquer new horizons. So buckle up, embrace the adventure, and let your career soar to dizzying heights!

Wishing you all the best on your exhilarating journey into the world of finance!