Master of Business Administration in Finance Degree Programs

<p>If you pursue a finance specialization within your MBA program, you can expect to learn the theories and tools necessary for financial roles within a wide array of business types. This may include the study of finance as it relates to domestic and international business, real estate and banking. Additionally, this MBA program typically develops your understanding of general business topics, including marketing and management. Common courses include: </p> <ul><li>Principles of financial management </li><li>Financial modeling </li><li>Economic theory and analysis </li><li>Financial market behaviors </li><li>Legal issues in business </li></ul><p /> <table border="1"><tr><td><b>Common Courses</b></td><td> Marketing, international business, financial modeling, banking, financial management</td></tr> <tr><td><b>Prerequisites</b></td><td> Bachelor's degree is required; completed finance-related undergraduate coursework and/or standardized test scores may be needed</td></tr> <tr><td><b>Learning Environments</b></td><td> Traditional classroom and distance learning programs are available</td></tr> <tr><td><b>Possible Careers</b></td><td> Bank manager, credit manager, investment analyst, treasurer, budget analyst</td></tr> <tr><td><b>Job Outlook (2019-2029)</b></td><td>15% growth (<i>for financial managers</i>)*</td></tr> <tr><td><b>Median Salary (2020)</b></td><td>$134,180 (<i>for financial managers</i>)*</td></tr> </table><p><i>Source: *U.S. Bureau of Labor Statistics</i> </p> <h3 id="section---AreThereAnyPrerequisites">Are There Any Prerequisites?</h3> <p>You may apply to an MBA program in finance with a bachelor's degree from any field, though it's helpful if you have previously studied finance, economics or a similar area. In many cases, if you're interested in this degree, you already possess experience in a professional business environment to which colleges and universities often look favorably upon when considering your application. You may also be required to submit your scores from the Graduate Management Admission Test (GMAT) or the Graduate Record Examination (GRE). </p> <h3 id="section---CanIEarnThisDegreeOnline">Can I Earn This Degree Online?</h3> <p>You'll find many colleges and universities offering fully online MBA in Finance programs or programs with partial distance learning options. Online programs are typically very similar to campus-based programs, with identical coursework requirements. If completing your degree online, you'll be required to have access to a computer with high-speed Internet access. Online programs allow you to watch recorded lectures, participate in student discussion groups and communicate with faculty on a flexible schedule. If you're working full-time while pursuing your MBA, an online program may be a good fit. </p> <h3 id="section---WhatIsMyCareerOutlookWithThisDegree">What Is My Career Outlook with This Degree?</h3> <p>An MBA in Finance is widely applicable to financial management roles you may find in private business, government agencies and non-profit organizations. These positions may include a budget analyst, treasurer, credit manager, bank manager or investment analyst. The general field of financial management held about 697,900 jobs in 2019, according to the U.S. Bureau of Labor Statistics (<i>www.bls.gov</i>). This figure was expected to grow 15% from 2019-2029, boosted by changes in regulations and the globalization of business, but hampered by banking's transition to predominantly online transactions.</p>