Twenty years ago it was considered a great achievement for an individual to have an undergraduate degree as well as an Honours degree. These days, standards have risen and with the job market becoming increasingly competitive, individuals are more likely to have a Master’s degree too.
In addition to a higher paycheque, having an MBA wields even more power and influence in the corporate world.
An MBA (Master of Business Administration) is considered a high achievement by any standards, with the gruelling coursework known to be highly challenging.
Having an MBA in Finance prepares graduates for careers in mid-level and senior management positions, with above-average salary potential.
MBA Finance programs usually take two years to complete and require individuals to possess a bachelor’s degree.
While a background in finance is known to create numerous employment opportunities, MBA Finance jobs require highly skilled individuals and as a result, are in demand. Key skills in this field include: analytical thinking, clear communication, organisation, computer competency, attention to detail and a solid mathematical foundation.
Types of MBA Finance jobs you can get:
Finance Managers
These individuals are generally responsible for providing financial advice and support to clients to enable them to make sound business decisions. In larger companies, the Finance Manager role is concerned with strategic analysis.
In smaller companies, Finance Managers may be tasked with the collection and preparation of accounts. This role is also extended to predicting future trends and analysing market trends.
Financial Analysts
Financial Analysts have a primary role which includes researching and analysing financial information. This individual also identifies trends and offers investment recommendations to assist the corporation or individual with investment decisions. This job entails the management of financial data.
Other MBA Finance jobs include:
Investment banker
Chief Financial Officer