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Overview of the Field

• Basic management skills are required by all business executives to better manage business problems or new situations that may arise
• Learn how to manage your employees, and other business associates
• Learn from those with real world experience
• Study the real life applications of business theory
• Increase working knowledge of business ethics, practices and ideas
• MBA graduates are better suited for higher level management positions
• They possess more experience and knowledge of the business field
• More responsibilities that come with attractive salary package
• Especially beneficial if perusing a new career
• Faster growth
• Better opportunities at the work place
• Better chances of being selected for upper management positions
• MBA graduates possess multiple skills, which prepares them for multiple careers, other than business as well
• A masters degree ensures your longevity in the work place
• Something to fall back on in case of recession/loss of job
• Meet new people and get introduced to fresh ideas and experiences
• Make contacts through new friends, teachers and colleagues, etc
• Helps in unlocking the hidden potential and discover the entrepreneur in you
• Makes you more self-sufficient and able to rely on your own abilities
• MBA helps in preparing you to start your own business

Structure and Duration of the Degree Program

The MBA in Finance may be in the form of a two year program, though it can very well take longer or less than this duration. Students in the first part of the MBA program complete core courses in broad business areas like finance, accounting, operations, human resource management and marketing. It is the second part where students of MBA in finance focus on the tools used in the finance industry. They are also encouraged to complete a finance internship and provide financial consultation to businesses.

The MBA in Finance trains students in areas like managerial and cost accounting, financial law and more cutting edge fields like derivatives. Since it is a management degree, it prepares students to make decisions based on the data available. During the MBA program, students are made to practice interpreting data and making relevant decisions.

Admission Criteria and Graduation Requirements

The MBA in Finance enrolls students with an undergraduate degree and some relevant work experience. They are expected to maintain a passing grade point average in all courses and complete relevant work experience in addition to their final project.

Career Prospects and Average Salary

Graduates of MBA in Finance are sought out by banks, investment houses, and a majority of the corporations. The possible careers for MBA in finance degree holders are financial managers and analysts that according to the US Bureau of Labor Statistics, earn annual median wages of $109,740 and $76,950 respectively as of May .