What to prepare before the Finance course starts?

BE + MBA is a fantastic combination because you’ll have the best of both worlds. Many sectors, such as pricing, investment banking, financial modeling, the stock market, and startups, will have plenty of opportunities. There are a few things you can concentrate on both before and throughout the course:

Accounting mastery . Engineers have the most difficulty learning basic accounting. Put some effort into it. Go to a coaching session right immediately and start learning. Some accounting principles are difficult for an engineer’s head to comprehend. Everything operates on logic for us (engineers), and there is no place for assumptions, but this is not the case with accounting. Understand the difference between credit and debit.

Learn to understand balance sheets and profit and loss statements: Spend the night with them. These principles are significantly more familiar to your BCom and BBM peers. You must learn in three months what they have studied for three years.

Learn Economics: Spend a lot of time reading about economics. It’s one of the fascinating topics you’ll ever encounter. Economics will amaze and astonish you as an engineer. Lots of economic issues to practice.

Data Interpretation: Learn how to understand graphs. The ability to interpret data is crucial. Put some effort into it.

Every problem is important: Problems should not be overlooked. As an engineer, you might think they’re simple, but they’re not. Formulas do not always work. You must be able to read in between the lines.

Learn the basics of statistics: This is the only ally you have. This is the only area in which you will have an advantage over the competition. Everything from 11th, 12th, and the first two years of engineering mathematics will suddenly come in handy. Put some effort into it.

Internships : Make a tonne of connections and look for fantastic and relevant internships. It’s complicated to find the RIGHT job. Companies do not readily hire MBA+Finance professionals. To get the RIGHT job, you must work hard. It is not difficult to find work. Getting the RIGHT job is the most important thing. The ideal work is one in which you would be able to use financial ideas in real-life situations.