An Online MBA program (Masters in Business Administration) is a comprehensive educational program in business administration skills. The program focuses on imparting extensive knowledge about business strategies and concepts that will enable students upon graduation to enter into executive managerial positions. An Online MBA degree can be obtained under general studies or within a specific focus such as finance, accounting, computer systems, healthcare, etc. Upon completion of a Bachelors degree, students can proceed towards completing their Masters degree, which may require one to two years of additional university study.
A Masters in Finance program is yet another option students can opt for upon completion of their Bachelors degree program. In contrast to the MBA finance program, which includes training in business administration and financial skills, this program is geared more toward the specific study of the field of finance. The following gives a more in-depth look into both programs and what you can expect from study in each.
The Finance MBA Degree
A Masters in Business Administration (MBA) degree in Finance has the ability to open many doors for your future. The program combines managerial business skills with training in financial matters to enable students to expand their experience and training in both areas. With a Finance MBA degree, students can choose from any number of career options in both the private and government sectors. Possible job opportunities for graduates of this program include obtaining positions as financial managers, stockbrokers, insurance adjusters, treasury or pension fund managers, commercial bankers, real estate and corporate finance officers and more. By combining advanced business skills with knowledge and abilities in the area of financial management, direct investments, financial problem solving skills, stock market analysis, global economy and more, the services of university graduates in this area will be in high demand by companies all across the country.
A finance MBA degree shows prospective employers that you have a comprehensive education in your field and are capable of helping their firm manage and maximize their financial profits. Companies new and old are always on the lookout for gifted individuals in this field who can help take their companies forward into financial success. Finance MBA graduates with the right qualifications for financial managers can expect to earn $100,000 plus per year. In addition to the private sector, many government and nonprofit organizations are interested in hiring graduates with this degree. Yet another alternative is to start your own company and utilize your training to the full.
The Masters in Finance Degree
In contrast to the MBA finance degree, which highlights advanced business skills, studies for a Masters degree in finance focus more directly on giving students an in-depth knowledge of the field of finance? These studies include financial markets and resources, investment analysis, budgeting, risk management and methods of increasing financial capital. Students who complete a masters degree in finance can look forward to promising careers as financial managers, analysts, consultants, planners, money managers, financial advisors, auditors, accountants and more. These services are in great demand from both private corporations and government organizations.
Salary expectations for graduates with Masters in Finance degrees will vary greatly depending on your employer, location, career choice, experience and qualifications in your field. Students will exceptional skills and training in their field can expect to receive compensation for their gifts and abilities and can look forward to promising careers. In the field of financial consulting, for example, a university graduate with a Masters in Finance may receive up to $70,000 per year in a private corporation or bank, with expectations of reaching a six-figure income in the future. Financial analysts may earn in the range of $70,000 plus per year while financial advisors may receive $85,000 plus per year.
Both MBA finance and Masters of Finance programs have much to offer graduate students for their future. The distinctions between the two give students a choice of how they want to develop their skills and in what areas they will invest for the future. Graduate students with an interest in the area of finance can look forward to gaining valuable training and competitive skills through these programs that will enhance their abilities for a bright and prosperous future.
