Degree Overview: Master of Business Administration (MBA) Degree in Finance Consulting
Majors Overview May 3, 2015Get information about Master of Business Administration (M.B.A.) degree programs in Finance Consulting and their education requirements, coursework, and career choices.
Master of Business Administration (M.B.A.) Programs in Finance Consulting
The Master of Business Administration (M.B.A.) in Finance program is devised to meet the career needs of an aspiring financial consultant. The basics of financial analysis, financial management, and financial systems are taught in these programs.
Coursework combines individual and group research projects, computer laboratory seminars, and classroom lectures. Programs are devised to train prospective commodity traders, bankers, financial planners, and stockbrokers in ways of collecting and analyzing market data aimed at making sound financial decisions.
Education Requirements
Students who wish to enroll in an M.B.A. program in finance are required to have a strong background in economics, mathematics, and accounting. They are typically required to hold a baccalaureate degree in one of these subject areas or in a related field.
Many M.B.A. programs also require the submission of letters of recommendation from past employers and professors, in addition to GRE scores. Incoming students to some executive M.B.A. programs are also expected to have some professional experience.
Coursework
Students who complete coursework in an M.B.A. program in finance gain a clear understanding of data analysis and financial systems. Core coursework may include topic areas such as the following areas of study:
•Risk management
•Fundamentals of finance
•Marketing concepts
•Legal environment of business
•Economic analysis
•Financial reporting
•Financial accounting
•Managing financial institutions
•Statistical data analysis
Career Choices
Freelance financial consultancy is among the popular career options that are available to graduates of the M.B.A. program in finance. However, they may also opt for popular career choices such as:
•Commodities trader
•Insurance adjuster
•Pension fund manager
•Financial controller
•Treasurer
•Stock broker
•Financial consultant
•Financial planner
•Banker
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