Is there such a thing as an MBA in Finance? Many prospective students who are interested in earning a business degree are under the impression that an MBA is an all encompassing degree that covers business and not a specific subject area. While students who attend MBA programs will learn about several different key areas of business, most schools offer students the option to choose a concentration that will help them go further in their career. Selecting a concentration in finance can help you build a broad set of skills that pertain to the financial service industry or to corporate finance. Read on, and learn how to select the best MBA in Finance program and what you will learn.
What Will an MBA Program Concentrating in Finance Teach You?
It is very important to compare several different MBA programs when you are trying to pick the best fit to suit your goals. If you want to pursue a career in financial services or in a corporate setting, concentrating in finance could help you achieve your goals quicker than you might think. An MBA program is designed to help you build a broad set of business skills that will make you a leader as you build your business acumen. Most of these programs will cover business curriculum on all types of subjects from marketing and economics to HR and leadership. While a general MBA program will cover finance, a program with an emphasis in finance will go deeper into the subject area so that you are more of a specialist.
What a program teaches you depends entirely on the school and the program. The best thing to do is to find an accredited program that sets very strict standards and focuses on all aspects of finance so that they can create the most valuable and talented finance graduates. You should learn tax requirements, regulatory requirements, money management, borrowing, financial analysis, portfolio management and other skills while you are studying for your MBA. You should compare concentration curriculum and elective curriculum options to make the best possible choice.
How to Select an Accredited Program
There are several different types of accreditation. Some of these bodies accredit entire schools and others accredit programs in a specific area of study. If you want to study finance, you should select a programmatic accreditation like one offered through the Association to Advance Collegiate Schools of Business. Accredited programs through this association meet very high standards that are set to ensure all programs deliver a quality education in areas of study like finance. Be sure to check the list of accredited schools through the official site, and then you can narrow down your options as you compare MBA programs.
Related Resource: Master’s of Finance Online
Getting an MBA in Finance will help you stand apart from other candidates who do not have a graduate degree or leadership qualities. If you are ready to advance your career and get new opportunities in the field of finance, now is the time to start looking up programs. After you find a program that has a great reputation, review the admissions requirements and start preparing your application. Once your application is ready to be submitted, look it over again and then wait for your acceptance letter to enter the MBA in Finance program.
