If you are interested in pursuing a career in business, know that there are plentiful jobs available with an MBA in Finance. Although we are about a solid two years out of the Great Recession, the financial industry is definitely has made a strong come back. Students who are interested in pursuing a career in finance can easily land jobs working for investment banks, insurance companies, multinational corporations, hospitals, universities, and government agencies. This degree will prepare students to take on leadership roles and is principally designed for someone with a strong math background. Here is a quick overview of a MBA degree program.
MBA in Finance Courses
Colleges and universities that have a MBA in Finance degree program usually are designed provide students with a solid base in learning statistics, business management, economics, business strategy and integrated marketing communications. After a year of of foundational courses, students will then move right into their concentration and internship. Students will take courses such as:
- Stock market analysis
- Global economy
- International finance
- Financial instruments
- Futures and Options
- Market trading and volatility
- Real Estate Finance
- Risk management
- Bankruptcy
- Corporate finance
- Investment banking
Internship with a MBA in Finance
After successfully completing necessary coursework, students will then be given the option to complete an internship with an organization or corporation. Usually with a MBA in Finance, students opt to land internships with investment banks, stock trading companies, insurance companies and other organizations involved in heavy financial analysis. Many students compete to land internships with companies on Wall Street in New York City. With New York City being the financial hub of the United States and the World, students often land six figure jobs after successful completion of an internship.
Types of Jobs with an MBA in Finance
After graduation, students can easily expect to go right into mid-level and senior-level positions with a MBA. Some jobs include
- Senior Financial Analyst
- Financial Planner
- Investment Analyst
- Stocks Trading Specialist
- Bonds Specialist
- Vice President of Finance
What are the salaries for those with a MBA in Finance?
In 2010, the Bureau of Labor Statistics stated that those with backgrounds in financial planning and financial analysis are expected to make way well over $70,000. This salary will obviously vary based on geographic location, company/organization, experience and education. More specialized financial roles such as investment bankers can make over $100,000 in the first year of a job. Vice Presidents of Finance make over $200,000. Again, salaries will depend on geographic location and experience. It is not uncommon to hear of those working on Wall Street to make over $300,000.
Related Resource: Professional MBA
Getting a master’s degree can take your career to new bounds and heights. With the right internship, persistence and hard work, individuals can easily land six figure jobs post-graduation. Set yourself up by enrolling in the right program. Know and understand that there are lots of great jobs available with an MBA in finance.