How to Set Up Makefile in Windows Git Bash

This is my first time using standalone git in Windows. Earlier I've installed and used Github for Windows which git comes along with. I am amazed by the available ?nix functions in this little git bash shell. Today I wanted to use the makefile function but found that it is not there. Therefore, I did some digging.

Here are some of the helpful resources I have found: http://stackoverflow.com/questions/17158419/how-to-run-makefile-in-windows
http://lists.gnu.org/archive/html/help-make/2011-09/msg00041.html

My system is Windows 8.1 64 bit, and here are the steps I did:
1. Install msysgit downloaded from http://git-scm.com/download/win
2. Create a directory in the git install direcctory: C:\Program Files (x86)\Git\mingw\bin, naming it mingw
3. Install mingw-w64 downloaded from http://sourceforge.net/projects/mingw-w64/files/Toolchains%20targetting%20Win32/Personal%20Builds/mingw-builds/installer/mingw-w64-install.exe/download
4. Go to the bin folder in the mingw-w64 install directory. In my case it is C:\Program Files\mingw-w64\x86_64-4.9.2-posix-seh-rt_v3-rev1\mingw64\bin
5. Rename mingw32-make.exe to make.exe
6. Make a Symlink redirect to this folder from the msysgit install directory by running this command in Command Prompt (run as Administrator):
mklink /j "C:\Program Files (x86)\Git\mingw\bin" "C:\Program Files\mingw-w64\x86_64-4.9.2-posix-seh-rt_v3-rev1\mingw64\bin"

Now you should be able to run make in your git bash console.