Some of the best advice for job seeking is so simple that some MBA FINANCE graduates may choose to ignore it, a mistake of immense proportions. Researching a company and its products gives you an edge, and sending a resume without it is an effort in futility. Taking time to adapt your resume to the results of your research gives a potential employer a way to evaluate your suitability for a position in their financial structure. Opportunities that may appeal to you include positions in marketing, financial management and human resources.
Choosing Marketing as a Career
Advertising and public relations are close allies of marketing, and they form the keystone of a company’s financial public profile. Analyzing the demand for a product helps you determine your pricing strategy, and your MBA FINANCE training helps you make sense of the results. An article in Bloomberg Businessweek describes of typical day in the office from the standpoint of a product marketing manager.
Discussing results of events with a management team provides the opportunity to examine the metrics of specific programs, including the number of employees involved and the revenue that the company received from it. Reviewing the success and failures of planned programs with your colleagues helps you learn what to execute again and what to eliminate from your plan.
Working with a Company’s Most Valuable Asset
Many companies regard employees as their most valuable asset, and a large portion of resources are used in hiring and retaining the most talented people. An MBA FINANCE degree helps you identify the best professionals in the field, and you need those who have a specialty in training. As the leader of a human resource department, you influence a company’s productivity and ultimately its success. Your background enables you to recognize and correct staffing and performance problems that affect business decisions.
Focusing on diversity in the work force is beneficial in today’s changing culture, and you have the opportunity to implement human capital management programs that are innovative and effective. Companies can achieve leadership positions and recognition by developing a diversified work force that uses effective problem resolution techniques.
Managing a Company’s Finances
The financial manager of a company needs delicately balanced communication skills to navigate a difficult course that often involves making difficult decisions. Financial managers work in almost every business or organization to direct investments and to develop strategies for cash management. Forecasting a financial position based on the analysis of earnings and operating costs lets you use your MBA FINANCE degree training in the real world. You may have an opportunity to direct a company’s financial goals and to implement strategies to achieve them. As a financial manager, you have influence in a company’s mergers and acquisitions. Global expansion and consolidations may challenge you to exercise your best skills to reduce exposure to risk and to maximize profits for your company.
A master’s degree in finance can put you in a pivotal position in a company so that your expertise is highly valuable in the business world. Positions in a highly competitive business environment are challenging and rewarding, and your preparation with an MBA FINANCE degree gives you the advantage that you need to succeed.