Students enrolled to an MBA in Finance have the duration of whole program course, to train and refine advance financial and business skills. These are the basic skills required to qualify them to work within the lucratively diverse business industry. These two positive sides to an MBA in Finance is shared by all students enrolled to this program course irrespective of the school they enrolled to or the platform they are using. Not only that, they are also granted access to top-notch internship prospects while still schooling, and mostly command better positions with lucrative salaries upon graduation. Earning an MBA in Finance is not that tough for working professionals today. Technology enabled online MBA programs offered on a part-time basis, by many prestigious schools/college/universities/institutions are now easily accessible for those who have a mind to. Take for example a Northeastern’s online mba.
The curriculum for MBA in Finance programs typically organize extensive foundational instruction in statistics, economics, leadership, marketing and strategy. Specializations are often reserved for the second half of the 2-years needed to finish the whole course of these programs. There are schools whose primary offerings are curriculums loaded with business-related courses, like accounting and management procedures, with only a few financial elective subjects.
And there are schools that offer a more generalized business training, with more courses focused on banking, finance and investment. There are also others with programs with concentrations in financial education, like real estate, investment and commercial studies. You can take a look see and learn more about Maryland’s online MBA in finance.
Common Topics Covered by finance MBA programs:
- Investment banking
- Practical Experience
- Foundations in finance
- Financial instruments
- Stock market analysis
- Global economy
- Futures and options
- Risk management
- Market trading and volatility
- Corporate finance
Rewarding Internship Opportunities
Internship experience with some of the world’s most successful companies are possible for students earning an MBA in Finance. AT&T, Johnson & Johnson, Intel, Amazon, and Microsoft are just a few of these companies, which offer internship opportunities intended precisely for aspiring financial analysts and managers. These internship opportunities also count towards academic credit.
Growing Employment Potentials
The U.S. Bureau of Labor Statistics (BLS), released a forecast report on the rapid growth of demand for financial managers positions pegged on 12% average covering the period 2014-2024. An increase in jobs of 7% – 16% for financial professions for the period 2014-2024 was also forecasted depending on the specialization.
Career paths for MBA in Finance graduates include:
- Senior Financial Analyst
- Finance Department Manager
- Financial Controller/Director
- Chief Financial Officer
- Real Estate/Insurance Finance Manager
- Commercial/Investment Banker
Lucrative Remunerations Prospects
Reported salaries for MBA degree holders employed in a variety of financial professions.
A Chief Financial Officer’s median annual salary is pegged at $121,942 while Finance Analysis Managers has prospective median annual earnings of $81,250. While experience is a contributing factor in possibilities of high take-home pays, entry-level MBA graduates’ median salaries are pegged at approximately $61,748. Those with higher experience at five or more years, the median salaries are pegged at $83,475.