Online Finance MBA Degree
The financial crisis may have been the worst one since the Great Depression, but the financial industry is slowly bouncing back.
Graduates with an online MBA in finance will not only see greater financial rewards than those in other business specialties, but increased job satisfaction as well. Midcareer professionals with a finance MBA earn a median salary of $120,000, and 70 percent report high levels of job satisfaction, according to a report by PayScale, an online salary database.
An online finance MBA degree program can provide professionals with the quantitative, analytical and communication skills needed to become a leader in the global marketplace.
|Advanced corporate finance|
|Financial statements analysis|
|International financial management|
|Entrepreneurial finance for high-tech companies|
Students in an MBA program specializing in finance will complete a wide range of foundational courses in management, ethics, international business, accounting, marketing, strategic decision-making and operations.
Course work in investment analysis, risk management, mergers and acquisitions, investment banking and sales, research and trading will prepare students for the competitive financial industry.
Some programs even allow students to earn a finance MBA and a master’s in accounting by only taking a few additional courses.
|Personal financial advisor||$65,000|
*per the BLS Occupational Outlook Handbook
Employment prospects for professionals with an MBA in finance are improving. Ninety-two percent of 2012 finance MBA graduates obtained a job within three months of graduation, according to a survey by the Graduate Management Admission Council. Graduates just might have to get a little creative when searching for employment.
Employment growth for management occupations such as financial managers is expected to grow slower than average for all occupations at only 9 percent, according to data from the Bureau of Labor Statistics. Professionals should look to industries and occupations outside of the traditional investment banks such as information technology and health care. Employment of personal financial advisors is expected to grow 32 percent, much faster than average, and employment of financial analysts is expected to grow 23 percent, also faster than average.
Median salaries for students graduating with an online MBA in finance range from about $65,000 for personal financial advisors to more than $100,000 for financial managers, according to the BLS.