The Master of Business Administration in Finance is the most common name for this degree, although some schools substitute the word accountancy for finance. This degree has a management focus in the field of finance. At the master’s level, some schools also offer a research and theoretically focused program, usually a Master of Science in Finance (MSF) degree. The MBA is typically a gateway to leadership in the field of finance, while the MSF is typically a stepping stone to a PhD in Finance, and a teaching or research career.
What sorts of skills might a student expect to learn with this degree?
In addition to basic MBA training in management, globalization, information systems, and human resources, a concentration in finance often prepares students to assess risk, guide corporations through investing, audit a company’s books, and strategize for financial gain. Specializations within the area of finance can include accounting, real estate, investments, and more.
What sorts of careers are common for a person who receives an MBA in Finance degree?
The top financial position in a corporation is the Chief Financial Officer, but other positions for finance MBA’s are available as well. Accounting Manager, Financial Manager, Corporate Controller, Treasurer, Management Consultant, Investment Banker, and Credit Specialist are just a few of these titles.
What types of classes are offered when you get your Finance MBA?
Students can expect a Survey of Finance course, a course on financial decision making, and courses in advanced corporate finance, investments, fixed income, real estate, and accounting. In addition, some schools offer concentrations within the Finance department, focusing on fixed income, real estate, investments, or more.
What are the average salaries of a person with an MBA in Finance degree?
Salaries vary greatly depending on position and experience. According to http://www.payscale.com, Chief Financial Officers make between $100,000 and $160,000, while Financial Analysts make between $46,000 and $66,000 annually. Other financial positions ranged between these two, typically staying below $100,000.
What are the degree requirements for receiving an MBA with a concentration in Finance?
An undergraduate degree is a must, preferably in business or finance, but definitely with a strong math background. MBA programs with a finance concentration can range from 37 credits to 60 credits, and each offers different benefits. Typically, students are required to keep at least a B average and complete courses in a foundation core, MBA core, finance electives, and a capstone event, such as a thesis.