Business and Master of Business Administration (MBA) degrees with an emphasis in finance are valuable degrees in today's competitive business economy. Because they combine the general, broad-based management course of study found in the traditional MBA program with specialized studies in finance, schools that offer these degrees prepare students for high-level management positions in fields such as investment banking or corporate finance. An MBA with an emphasis in finance can open the door to a variety of career possibilities and can be an effective tool to obtain lucrative positions such as financial managers or financial analysts, corporate controllers, accounting managers, chief financial officers, cash managers, treasurers and financial officers, investment bankers, management consultants, investment sales associates and traders, credit managers and credit specialists.
Although many colleges and universities offer business and MBA degrees, the programs that lead to these degrees are not the same at all institutions of higher learning. Even when the degree itself is the same, schools may differ in terms of their philosophies or approaches. Furthermore, not all business and MBA degrees are created equal; some of them are general, while others have an emphasis in a specific subject area, such as business administration or finance. These distinctions can be significant depending on an individual's career aspirations.
Before selecting a business or an MBA degree program with an emphasis in finance, students should evaluate the school's reputation and the course requirements that must be successfully completed in order to attain the degree. MBA degree programs with an emphasis in finance usually require courses in subjects such as international finance, marketing concepts, acquisitions and mergers, financial management, managerial and financial accounting, administrative processes and organizational behavior. Although some of these programs may require the students to take offline courses or attend classes on the school's campus, increasing numbers of schools are allowing students to fulfill all or at least a significant portion of their courses online. This flexibility brings an MBA degree within the reach of individuals whose work or family responsibilities make it impossible for them to take offline courses. By selecting the program that best meets their needs, individuals can obtain the education necessary to reach their career goals.