In simple words, you should do business after MBA Finance. There are two main type business you can do. One is the business in finance sectors and second you can open your business for product manufacturing and product marketing. Even both type of business need marketing skills but we can not ignore the skills of MBA finance professionals. MBA Finance scholar will success his business at minimum resources.
If you open and search Google, you find lots of courses which you can do after MBA Finance. But what is its benefit? It is just like you are reading the books in the library and you do not use the knowledge of these books. Today, there is no end of degrees, diplomas and courses. But important is, "What to do which these degrees and diplomas?" Did you learn, " How to increase the return on investment if you have minimum money?" The real thing, you can do business and doing practical business will be great degree after MBA Finance. There are two logic behind this.
One : You should learn practical skills which you can learn in practical business environment.
Second : If you are receiving big salary package after MBA, you should teach yourself. All the companies who is providing this package to you, will gain same fund from customer's pocket. If you do your own business, you will stand in the front of these companies instead becoming machine of yes of boss's order.
Now, I am explaining, where you can grow yourself after MBA.
1. Real Estate
Real estate business is a business which a person may do after his MBA Finance degree. In real estate business, we have to buy a land, a commercial plate or residential house and we have to develop it. Then, we have to sell it for getting earning from this business. Recently, I read some pages of great real estate book, "Rich Dad and Poor Dad" In this book, author has advised. Never, bought home for own purpose on loan. Make it as business if you boy it on loan. Then it will start to give you return. For example, you have bought a commercial plate with Rs. 10,00,000. Start it as your business. Show a board just front of this commercial plate by writing double price. If you will sell it in same day, you will get 50% profit. If you will buy it just for residential purpose and if you buy same home for residential purpose on bank loan, you will always pay interest on bank loan. One side, your earning will nil and other side, your expenses will increase. So, as good business administrator, you should make money as your servant. Never make it as your master because money is excellent servant but bad master.
2. Commodity Business
In this business, you will make your own commodity and will sell it. You can sell it at wholesale and retail. You can buy commodities from others and sell it at profit. For selling it at profit, you have to need high vision. You have to use your skill for finding business opportunities in commodity market. You should choose the commodity in which you have to deal. It may be books, CDs, metal or anything. You have to control commodity risk for increasing your return on the investment in commodity.
3. Forex Business
In this business, you need to invest money on any currency. When there will change the currency rate, you will get profit or loss on its sale. You have to solve the problem of currency risk.You have to analyze your this investment.
4. Consultant for Equity Business
You can start your own independent professional of finance consultant. Equity business is of sale and purchase business of shares and stocks. If a fool will invest in this market, he will become beggar from millionaire. You can fix the fees for providing this service. You have to find the golden opportunities for the investors. You have to do the financial statement analysis of each company for finding the long term growth position of each company. For giving better advice to your client, you have to check the each company. How is the management of a particular company? How big is the company? Is there any chance of company's growth opportunities? How is the relationship between employees and officers? How is the working environment of company.
Related : What should Do after B.Com
If you open and search Google, you find lots of courses which you can do after MBA Finance. But what is its benefit? It is just like you are reading the books in the library and you do not use the knowledge of these books. Today, there is no end of degrees, diplomas and courses. But important is, "What to do which these degrees and diplomas?" Did you learn, " How to increase the return on investment if you have minimum money?" The real thing, you can do business and doing practical business will be great degree after MBA Finance. There are two logic behind this.
One : You should learn practical skills which you can learn in practical business environment.
Second : If you are receiving big salary package after MBA, you should teach yourself. All the companies who is providing this package to you, will gain same fund from customer's pocket. If you do your own business, you will stand in the front of these companies instead becoming machine of yes of boss's order.
Now, I am explaining, where you can grow yourself after MBA.
1. Real Estate
Real estate business is a business which a person may do after his MBA Finance degree. In real estate business, we have to buy a land, a commercial plate or residential house and we have to develop it. Then, we have to sell it for getting earning from this business. Recently, I read some pages of great real estate book, "Rich Dad and Poor Dad" In this book, author has advised. Never, bought home for own purpose on loan. Make it as business if you boy it on loan. Then it will start to give you return. For example, you have bought a commercial plate with Rs. 10,00,000. Start it as your business. Show a board just front of this commercial plate by writing double price. If you will sell it in same day, you will get 50% profit. If you will buy it just for residential purpose and if you buy same home for residential purpose on bank loan, you will always pay interest on bank loan. One side, your earning will nil and other side, your expenses will increase. So, as good business administrator, you should make money as your servant. Never make it as your master because money is excellent servant but bad master.
2. Commodity Business
In this business, you will make your own commodity and will sell it. You can sell it at wholesale and retail. You can buy commodities from others and sell it at profit. For selling it at profit, you have to need high vision. You have to use your skill for finding business opportunities in commodity market. You should choose the commodity in which you have to deal. It may be books, CDs, metal or anything. You have to control commodity risk for increasing your return on the investment in commodity.
3. Forex Business
In this business, you need to invest money on any currency. When there will change the currency rate, you will get profit or loss on its sale. You have to solve the problem of currency risk.You have to analyze your this investment.
4. Consultant for Equity Business
You can start your own independent professional of finance consultant. Equity business is of sale and purchase business of shares and stocks. If a fool will invest in this market, he will become beggar from millionaire. You can fix the fees for providing this service. You have to find the golden opportunities for the investors. You have to do the financial statement analysis of each company for finding the long term growth position of each company. For giving better advice to your client, you have to check the each company. How is the management of a particular company? How big is the company? Is there any chance of company's growth opportunities? How is the relationship between employees and officers? How is the working environment of company.
Related : What should Do after B.Com
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