Finance and Governance (MBA) Master's Degree
Learn about the training available in a Master of Business Administration (MBA) program in finance and governance. Get information about specialization options and class topics along with employment outlook.
What Is a MBA Program in Finance and Governance?
Governance refers to the quality of the management of budgetary and financial matters. Although there are not programs available in finance and governance, you can gain training through related programs. For example, master's degree programs, such as the MBA in Financial Reporting and Analysis, MBA in Finance or MBA in Corporate Finance, can prepare you to work in management and learn how to run the financial aspects of a company.
Programs in this area may be ideal if you hold a bachelor's degree or experience in finance, as well as if you want to pursue career advancement. Schools may offer you the opportunity to complete all or part of your MBA program online, as well as through a hybrid program.
|Degree Programs||MBA in Finance, Financial Reporting and Analysis, or Corporate Finance|
|Prerequisites||Bachelor's degree in any field; finance-related prerequisite courses may be necessary depending on undergraduate study; GMAT/GRE scores; essay of intent; letter(s) of recommendation|
|Common Courses||Investment analysis, risk management, mergers, economics|
|Career Outlook||Financial managers are predicted to see 19% job growth and typically earn a median pay of $127,990|
What Are the Prerequisites?
Some common admission requirements include a bachelor's degree, which doesn't necessarily have to be in business administration or finance. You may consider taking finance-related prerequisite courses as an undergraduate student or if your bachelor's degree is from another field. Some programs also require you to complete either the Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE), as well as submit an essay of intent and letters of recommendation.
What Will I Study?
You can complete your studies in 2-3 years. Typical courses include corporate financing, investment analysis, corporate governance, mergers, acquisitions, corporate restructuring, risk management, economics and venture finance. You may be required to complete a capstone project or thesis, as well as an internship.
What Are Some Employment and Wage Projections?
The U.S. Bureau of Labor Statistics (BLS) projected that employment opportunities for financial managers would increase 19% from 2016 to 2026. The BLS also noted that having a MBA can increase your employment prospects, which may be due to the ever-changing nature of regulatory standards and globalization of financial practices. In 2018, the BLS reported that the median salary for financial managers was $127,990.