Are you considering an MBA in finance but aren’t sure if it’s right for you? Understanding the course, its content, and potential career outcomes will help you determine if it’s the right course and worth your investment. Today, we are here to help you determine if the course is the right fit for you, covering its content, entry requirements, and more!
What is an MBA in finance?
An MBA in finance is a master’s in business administration with a specialisation in finance, providing you with the financial knowledge to drive corporate strategies. The course will provide you with the chance to engage in discussions that will help you make better business decisions. The course is divided into twelve specialist units of study to develop the financial, analytical, and strategic skills required of a senior business leader.
Part of the course also involves networking with others in your community, helping you make new connections that can prove useful when seeking a new role. Doing so can set you up for a future of success, without needing to find these opportunities yourself. The course is typically offered full-time or part-time, with the option to study online as well. Online study offers flexible options, allowing you to complete the course around other commitments without needing to leave your home.
What will I learn in an MBA in finance?
What you will learn in an MBA in finance can vary depending on the course provider you choose. It is best to speak with them directly to understand the units they offer and the content they cover, ensuring it aligns with your career goals. There tends to be overlapping content, so you don’t need to worry about missing any key information. Typically, you can expect to see the following unit titles for an MBA in finance:
- Accounting and financial management
- Advanced finance
- Art and practice of leadership
- Business consulting
- Business ethics and sustainability
- Corporate finance
- Financial analysis
- Managing innovation and entrepreneurship
- Marking management
- Strategic human resource management
- Strategic management and business policy
- Supply and demand strategy for pricing
What can I do with an MBA in finance?
After completing an MBA in finance, you have several career options. Many graduates find themselves in the following roles:
- Chief executive officer
- Chief financial officer
- Director of business development
- Financial manager
- Financial director
- Head of finance
- Senior managing consultant
- Strategic planning manager
These roles are available across a wide range of sectors, including healthcare, construction, and education. The responsibilities of your role can vary depending on the sector, but you can expect to be responsible for finances, business design, and possibly management.
What do I need to apply for an MBA in finance?
The entry requirements for an MBA in finance do vary depending on the course provider, so it is best to check with them directly before applying. The entry requirements are usually similar, and you can expect to need one of the following:
- A bachelor’s degree in a similar discipline
- A graduate certificate in a similar discipline
- A bachelor’s degree in any discipline with five years of management experience
If you do not hold an undergraduate degree, you can still apply for an MBA in finance; however, you will need to complete a graduate certificate in finance or business administration. This will provide you with the foundational knowledge that you need to succeed in the MBA. Many course providers will grant you entry to the course and possibly allow the credits from the graduate certificate to count towards your MBA. This varies depending on the course provider, so please check with them before applying.
You might also need to meet additional requirements if English is not your first language. You might need to complete tests to confirm your understanding of English, as many of these courses are delivered entirely in English. Again, we recommend speaking to your course provider to learn more.
How do I apply for an MBA in finance?
When you are ready to apply, you will need to follow the guidance outlined by your course provider. Many applications do follow the same steps, which we have outlined below:
- First, speak with a student enrollment advisor to determine if you are eligible for the MBA in Finance and if it is the right course for your goals. The advisors are here to help and can answer any questions you have about the course and application process
- When you are ready to apply you will complete an online application. You will usually be asked to submit a CV, academic transcript, and possibly a personal statement stating why you want to study the course
- Submit your application and await confirmation. Your course provider will inform you when they have received your application and provide you with updates if they need further information, and when they have made their decision
Find your MBA in finance course today
An MBA in finance is an ideal way to gain a deeper understanding of the role of finance in business administration and make informed executive decisions to drive success. When choosing your MBA in finance, we recommend considering VU, whose course is delivered flexibly with support from experts in the finance industry. Check out their MBA in finance to see if it’s the right choice for you!
Himani Verma is a seasoned content writer and SEO expert, with experience in digital media. She has held various senior writing positions at enterprises like CloudTDMS (Synthetic Data Factory), Barrownz Group, and ATZA. Himani has also been Editorial Writer at Hindustan Time, a leading Indian English language news platform. She excels in content creation, proofreading, and editing, ensuring that every piece is polished and impactful. Her expertise in crafting SEO-friendly content for multiple verticals of businesses, including technology, healthcare, finance, sports, innovation, and more.
