An MBA in Finance program covers topics like accounting, real estate and venture capital to prepare graduates to examine various means of corporate restructuring, such as mergers, acquisitions and hostile takeovers - and how they affect the company's value. This program generally takes two years of full-time study to complete, although some schools offer 1-year fast-track programs. Students may have the opportunity to complete internships and gain practical experience as part of the curriculum. Prerequisites include a bachelor's degree and GRE or GMAT scores.
MBA in Finance & Governance
Some MBA programs require that applicants hold a bachelor's degree in business, economics or a subject such as math or engineering. A 1-year program may require students to have previously completed some graduate-level coursework.
A student will typically begin the MBA program by completing a core curriculum of general finance classes, usually followed by theory classes, such as macroeconomics, and practical studies, such as investment management. Additional courses may include:
- History of financial crises
- International banking
- Corporate restructuring
- Psychology of finance
- Venture capital
Popular Career Options
Graduates of MBA programs in finance with coursework in governance can work in a variety of finance-based fields, including retail banking, personal equity, investment and corporate treasury. Some potential job titles that graduates could obtain can include:
- Financial manager
- Chief financial officer
- Executive vice president of finance
- Credit manager
Employment Outlook and Salary Information
According to the U.S. Bureau of Labor Statistics (BLS), employment growth from 2018 through 2028 is estimated to be 16% for financial managers (www.bls.gov). The median salary among financial managers was $127,990 in May 2018. Top executives, including chief financial officers, are estimated to have comparatively average 6% employment growth from 2018-2028. PayScale.com reported that chief financial officers were paid median annual wages of $131,816 as of September 2019.
Continuing Education and Professional Certifications
An individual with an MBA in Finance can go on to earn a Ph.D. in Finance. They can also further their knowledge with graduate certificates or executive education programs from university schools of business.
An individual with a graduate degree can take the exam to become a Certified Treasury Professional through The Association for Financial Professionals. A professional can also earn the Chartered Financial Analyst (CFA) designation through the CFA Institute.
Students pursuing an MBA in Finance & Governance program will complete core courses in finance followed by practical studies and theory classes such as corporate restructuring, psychology of finance, and venture capital. Graduates have many professions they can choose from including becoming a financial manager, chief financial officer, or executive vice president of finance.