When an online MBA program in finance is accredited that means it has met the standards of agencies such as the Association to Advance Collegiate Schools of Business (AACSB) or the Accreditation Council for Business Schools and Programs (ACBSP). The standards for accreditation will differ by agency; however, they usually include meeting curriculum, faculty, learning outcomes, and service standards. As such, accredited online MBA in finance programs will have a similar set of required coursework and entrance requirements.
Common Coursework for Online MBA in Finance Programs
Although each MBA in finance program will have its own coursework requirements, there are several classes that commonly make up the finance concentration curriculum. Below, we delve into some specific courses that you could take during your accredited online MBA in finance program.
The first kind of course you may take for you MBA in finance is that of managerial finance. A course of this type will usually cover a broad range of theories and concepts about the financial management of organizations. Some of the topics you may study within this course include capital management, structure, and budgeting, risk and return, and stock, bond, and money valuation.
Financial Statement Analysis
Financial statement analysis is another course that you could take that will fulfill your finance concentration. For this course, you will learn about the different methods used to read and analyze financial statements, including how to examine cash flow, how to interpret earnings quality, and how to discover any hidden liabilities or assets. You may also cover how to use financial statements to forecast and value a company.
A course in global or international finance could be another element of your finance MBA. This is a broad course that explores financial subjects such as trade, investments, exchange rates, and capital flow from a global perspective. You might also study financial strategies and risk factors that financial institutions face in an international context.
You might also need to take a course in corporate finance for your specialized MBA degree. This kind of course centers specifically on the subject of business finance and how it overlaps with business strategy and management. You could cover a wide range of different topics that include capital markets, corporate capital valuation and budgeting, dividend policy, and/or capital asset pricing.
Investments and Portfolios
Another class you could be required to take is one that centers on investments and portfolios, with the exact course name depending on the program. Mainly, this course will cover topics related to managing investment portfolios, including such subjects as risk and return, stocks, bonds, and valuation. You could study how to manage personal investment portfolios as well.
Last, financial markets may be a required course for you MBA in finance. In this course, you will most likely study the way that financial institutions interact with financial markets. You could also study financial regulations and other factors that affect markets and pricing.
Entrance Requirements for Accredited MBA in Finance Online Programs
Many accredited online programs that offer an MBA in finance have similar entrance requirements. When applying, you must submit an application, transcripts, a resume, an essay or personal statement, and letters of reference. Whether or not GRE or GMAT scores are required will depend on the program. Some programs don't require them and some may waive these scores if you already have a graduate degree or have substantial work experience.
Online accredited MBA in finance programs will have a similar set of required coursework that goes towards fulfilling the finance concentration. These programs also have similar entrance requirements.