The Best Online MBA in Finance Programs

A master’s in business administration (MBA) in finance degree prepares students for careers in business management. In the program, students will gain a graduate-level understanding of foundational business principles like accounting, management, marketing, and finance. An MBA in finance is a popular choice for professionals who need additional education to reach their career goals, and for students interested in starting their own business.

You can enroll in an MBA program either full-time or part-time, and your choice will depend on where you are in your career. Full-time study is intended for those who are recently out of college and can afford to spend a few years studying. There are also two different types of part-time MBA programs: a regular part-time MBA and the executive MBA (EMBA). An EMBA is designed for students who have experience in executive or leadership roles, while part-time MBA students have a limited background in leadership. EMBA candidates are typically in their 30’s or early-40’s, while part-time MBA candidates are generally much younger.

There are many benefits to earning an MBA in finance. Students develop hard and soft business skills that are difficult to acquire quickly without formalized training. In an MBA cohort, you will make plenty of professional connections with other students and faculty, which can provide encouragement during the program and form a network of connections for your future. MBA graduates also enjoy higher employment rates on average, since they tend to have more work experience than graduates fresh out of college.

An MBA in finance provides a broad education that produces favorable economic outcomes for graduates when compared to similar graduate degrees, like a master’s in finance. Master’s in finance curriculums are much narrower than what you’ll find in an MBA program, and while master’s of finance graduates can enter the workforce quickly, MBA graduates tend to have a wider range of skills. As a result, MBAs can move into managerial jobs much quicker and they enjoy higher wages on average.

Graduates with an MBA in finance can work as financial advisors, marketing managers, human resources specialists, logisticians, fundraisers, and financial advisors, just to name a few positions. When entering the job market, MBA in finance graduates will find that their skills are in-demand, as the BLS projects that positions for financial analysts will rise 12% by 2024.

Learn more about what you can do with an MBA in finance and what kind of career opportunities you can look forward to with this comprehensive guide.

DO I NEED PREVIOUS WORK EXPERIENCE TO GET IN?

Yes, previous work experience is a clear way that admissions committees determine whether an applicant has past experience as a leader and collaborator in a business-related role. The typical MBA student is admitted with 1-2 years of experience, generally in a full-time position. Unpaid internships and other experience gained during a student’s undergraduate studies will also suffice, especially for full-time applicants coming directly from college.

HOW DO I FIND THE RIGHT MBA IN FINANCE PROGRAM FOR ME?

Do your due diligence when searching for schools. Students considering an MBA should ask themselves “what do I want out of an MBA program?” and, more broadly, “what are my career goals in business?” Once you’ve answered these questions, you should search for a school with a complementary program or specialization that will prepare you for your industry of choice. Other considerations include whether to study full-time or part-time, and whether to study in-person or online.

CAN I WORK WHILE I COMPLETE MY MBA IN FINANCE?

Yes, students can continue to work while completing their MBA in finance, regardless of whether they have part-time or full-time status. Part-time students tend to keep their day job while pursuing their MBA. Full-time students are usually fresh out of college, so they likely haven’t fully entered the workforce yet, but should have time to maintain a part-time job on the side.

WHAT ARE THE ADVANTAGES TO EARNING AN MBA IN FINANCE?

MBA-holders enjoy increased earning potential. They also have more flexibility, and can start their own businesses or change the trajectory of their career while maintaining a full-time day job. Some students say that the networking opportunities alone make an MBA worth the investment.

Rank School Name Ranking Score Relative Cost % Enrolled Online Location Description
1 University of Florida 86.33 3/5 60% Gainesville, FL

The University of Florida offers a top-ranking MBA in finance to professionals looking to advance their careers. In-person requirements for the school's online MBA in finance are limited to campus visits once every four months and occur on weekends. These visits are intended to provide a chance to network with peers and faculty. Students can choose from a 27-month two-year option or a 16-month one-year option. While the 27-month option is open to any student with an undergraduate degree, the school's accelerated 16-month program is specifically designed for students who completed an undergraduate degree in business within the past seven years.

Both programs require that applicants have a minimum of two years of professional experience. UF accepts students from all over the world and from many different kinds of organizations, from government agencies to Fortune 500 companies. Online classes are capped at 65 students to allow for more personalized interaction between peers and instructors. Full-time students are eligible for merit-based scholarships.

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2 University of North Carolina at Chapel Hill 84.71 3/5 8% Chapel Hill, NC

The University of North Carolina at Chapel Hill's MBA in corporate finance, offered through its renowned Kenan-Flagler Business School, provides access to some of the best business faculty in the nation and a global network of 35,000 graduates and growing. About 76% of UNC MBA students have received a promotion or were hired at a more desirable position while enrolled in the program, and the average salary increase for students post-graduation is 29%.

Online classes are kept small, with a 15-to-1 student-teacher ratio that promotes interactive discussions during live, weekly class meetings. The 66-credit program includes an MBA in finance online concentration, which can be completed in as few as 18 months. The program incorporates UNC's proprietary leadership development model, providing students with unique benefits like executive coaching, one-on-one advisory sessions, and online assessment tools. Outside of live weekly sessions, students experience a blend of self-paced learning activities, including interactive video content and case studies. UNC also offers its students Global Immersion weekends, which are held in cities around the world and offer students the opportunity to meet peers, faculty, and business partners, while developing industry leadership skills.

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3 Babson College 81.81 4/5 2% Wellesley, MA

Babson College's MBA in Finance program is ideal for practicing or aspiring financial analysts, as well as entrepreneurs. This blended-learning, online finance MBA program combines in-person academic sessions, held during the weekend every seven weeks, with weekly asynchronous and synchronous online learning lectures and assignments. The program's concentration in finance option equips students with the skills and knowledge necessary to apply financial tools and analysis in business decision-making. Major course options include finance for new ventures, corporate governance and financial compliance, and real estate finance.

With rolling admissions and both a spring and fall program start date, students can begin their studies at a time that accommodates their professional and personal obligations. This 21-month program is designed for professionals who have experience in business, and most students receive a waiver for Babson's GMAT score admission requirements. Application requirements include (but are not limited to) a letter of reference and transcripts from all accredited degree programs.

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4 North Carolina State University 78.50 3/5 37% Raleigh, NC

North Carolina State University offers accelerated and part-time enrollment options for its MBA with finance certificate, allowing students to complete their program in as few as two years or as many as six. This 40-credit, professional caliber program includes a mix of core, elective, and practicum courses. Course material and tools are accessed via the Moodle and Blackboard Collaborate platforms. Practicum courses, such as Equity Valuation, allow students to apply learned skills to a real-world project and garner real life results. Contemporary finance-oriented electives include international finance, advanced corporate finance, and corporate risk management.

Aside from asynchronous coursework, students complete two three-day on-campus residencies in Raleigh or Research Triangle Park (active military students may have this option waived and replaced with additional online elective courses). Virtual office hours allow students to connect with instructors during the week. This online finance MBA is accredited by the Association to Advance Collegiate Schools of Business.

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5 Johns Hopkins University 76.27 4/5 7% Baltimore, MD

Johns Hopkins University offers a part-time, flexible MBA in financial businesses program through its Carey Business School. This 54-credit program takes an average of two and a half years to complete, though students have up to six years to finish all program requirements. Courses are structured in accelerated, eight week terms and taught by recognized researchers and business innovators in their respective fields. JHU alumni have secured some of the top MBA in finance jobs at companies like PWC, World Bank, and UBS Americas.

Finance students build a foundation rooted in cutting-edge and best business practices. Example electives include fixed income and wealth management. This AACSB-accredited online program serves about 140 students annually and currently represents nine countries. The school often invites visiting scholars and business leaders to provide lectures and presentations, which are recorded and made available to students online. JHU's Carey Business School offers learners rolling admission dates, including spring and fall start dates.

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6 George Washington University 75.26 4/5 6% Washington, DC

Located in the heart of Washington and one of the country's leading universities, students can earn an MBA in finance online at George Washington University. The school's D.C. presence offers unmatched access to leaders at the intersection of government, nonprofits, and private or public corporations. Additionally, an optional in-person business and society residency brings students and faculty together for four days in D.C., with live-learning opportunities, collaborative projects, and more.

Most students in the school's online MBA in finance program take an average of six credits, or two classes, each semester, with an average program completion rate of three years. Digital courses are structured as "episodes" and accessed in the form of videos, interactive case studies, and podcasts. A weekly synchronous, one-hour guided lecture and class session allows for ongoing interaction between professors and peers, and a recorded version is made available afterwards via the digital platform. Program start dates are offered at three points throughout the year, allowing students to apply and begin at a time that works for their schedule.

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7 Carnegie Mellon University 74.02 4/5 0% Pittsburgh, PA

Carnegie Mellon University's MBA in Finance online is a part-time program available to working professionals. The school's online programs offer students three unique learning options: first, a hybrid online program with six, in-person "Access Weekends" held at multiple Carnegie Mellon locations throughout the U.S.; second, a synchronous online model with one live class per week; or third, a 100% asynchronous model with pre-recorded lecture content and independent assignments. All programs offer 24/7 access to online tools and course materials.

Regardless of style of learning and structure of program, all curriculum remains almost identical to that offered through the school's on-campus, full-time degree program. Carnegie's Tepper School of Business part-time program is available to students in most states, with the exception of Alabama, Arkansas, and Minnesota. A variety of full- and partial-tuition scholarships are available to MBA students, including the finance-specific David A. Tepper scholarship fund. Applications requirements include (but are not limited to) recent GMAT scores, a professional recommendation, and official undergraduate transcripts.

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8 University of Maryland 73.47 3/5 5% College Park, MD

University of Maryland's Robert H. Smith School of Business offers an MBA in finance designed for full-time professionals and can be completed in less than two years. At UM, students seeking jobs for MBA-finance graduates or those seeking advancement in their current field benefit from comprehensive career services like one-on-one job and resume coaching, job offer evaluation, and mock interview training. Smith MBA graduates also join a global network of more than 60,000 professionals.

UM's Smith School of Business is one of 12 schools on the university's College Park campus, close to both Washington D.C. and Baltimore. Students in the finance specialty pursue in-depth studies of contemporary business strategies and issues, including corporate financial restructuring and investment tools and practices. A solid set of core courses equip students with an integrated understanding of business operations, systems, and management concepts. Applicants are encouraged to have at least two years of professional experience. This online MBA program is U.S. Department of Veteran Affairs Yellow Ribbon Program-approved and is a great option for active service members (active service members receive waived application fees, in-state tuition rates, exclusive scholarship opportunities, and other benefits).

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9 Stevens Institute of Technology 70.06 4/5 3% Hoboken, NJ

Widely known as the "Innovation University", Stevens Institute of Technology's MBA in Finance emphasizes hands-on experience with cutting-edge analytics and other quantitative methods. Graduates are prepared with the know-how to help find innovative solutions to finance and related business challenges. Finance-specific courses focus on the latest investment strategies and entrepreneurial aspects of business, including venture capital and derivatives. Students can complete this 48-credit online finance MBA degree with either part- or full-time status.

Stevens's unique field consulting program pairs students with a partner company, whom students work with to solve an actual business problem. Stevens's main campus in Hoboken, New Jersey, within easy reach of Manhattan, provides ease of access to Wall Street-based industry leaders. Admission is competitive, and applicants should have at least two years of professional experience, a relevant bachelor's degree, and competitive GMAT scores.

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10 Lehigh University 69.80 4/5 1% Bethlehem, PA

Lehigh University's flex MBA in finance program curriculum places a particular focus on providing students with excellent communication skills, especially communication with employees, executives, and key stakeholders. Content incorporates global perspectives and issues that prepare students for MBA in finance jobs in leading companies around the world. Curriculum integrates multiple facets of modern business, including crisis management resolution and cultural intelligence, and graduates are prepared to make decisions that reflect consideration of the business as a whole system.

A required beginning weekend orientation allows students to meet their peers and faculty and establishes expectations and standards for Lehigh's graduate program. Classes are delivered via ClassroomLIVE software, which features synchronous feed from on-campus classrooms. LU's flexible program design allows students to choose accelerated or part-time enrollment from semester to semester, and students may alternate between 100% online coursework or a mix of online and on-campus classes. Program completion time ranges from as few as 20 months or as long as six years.

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11 Pepperdine University 67.87 4/5 0% Malibu, CA

Pepperdine University's AACSB-accredited online MBA in finance, available through the school's Graziadio School of Business and Management, allows full-time professionals to complete their degree while learning and interacting with students from around the world. The finance concentration covers a diverse range of relevant topics, including investment banking, risk management, and corporate finance. Students work with actual company leaders to complete real-world projects, such as determining procedures for financing start-up companies or figuring out a business's bottom line through analysis of global markets and major industry players.

Core and major coursework is completed over seven trimesters, and students attending full-time can complete the program in as little as two years. An on-campus residency is required, for which students are responsible for all travel costs. Application requirements include (but are not limited to) two years of professional experience, an accredited bachelor's degree, and a professional reference. Pepperdine is an independent, Christian-based university headquartered in Malibu, California.

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12 Villanova University 67.70 4/5 7% Villanova, PA

Students enrolled in Villanova University's MBA in finance program complete 21 courses -- or 48 credits -- over six semesters. The online finance MBA program includes two on-campus residencies (one required and one optional). The first residency is an all-expenses paid, three day Leadership Challenge that takes place a during student's first or second semester; the second optional experience is an international Global Practicum that offers the opportunity to solve a market issue within a global organization. Most online coursework is asynchronous, though some professors may schedule live online class discussions in advance.

Online students are also always invited to relevant campus events and faculty make the same efforts to form lasting relationships with online students as they do with on-campus students. MBA curriculum is designed and revised based on feedback from past and present students, as well as industry and academic experts. Students who completed part of an MBA program at another AACSB-accredited institution may be eligible to transfer up to nine credits toward Villanova's program requirements.

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13 The University of Texas at Dallas 65.30 3/5 18% Richardson, TX

The University of Texas at Dallas offers a professional online MBA in finance program similar in structure to its hybrid flex MBA program. Students can begin in the spring, summer, or fall, with most students enrolling part-time while they continue working full time. Though all core MBA courses are available online during each semester, some finance and managerial economic courses may not be available or have limited semester availability. In this case, the school's hybrid flex MBA program is an ideal option for completing an MBA in finance.

Asynchronous coursework is accessed via UTD's Blackboard LMS. While most exams are completed online, some professors may require that students complete an exam at a local proctored testing center. Professional MBA applicants who submit recent and qualifying GMAT or GRE scores are considered for student scholarships through the Jindal School of Management. UTD offers competitive distance-learning tuition rates to both residents and nonresidents.

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14 Nova Southeastern University 65.10 4/5 49% Fort Lauderdale, FL

Nova Southeastern University offers an MBA in finance program through its Huizenga College of Business as a part-time or full time program, with five start dates throughout the year. NSU's finance concentration prepares graduates who are experts in "value driven management", combining a foundational knowledge of corporate management and finance with content in economic and market analysis, as well as specialized techniques in industry-specific statistical methods. Innovative course topics include financial engineering and real-world finance for managers. This 39-credit program can be completed in as little as 21 months with a full time course load.

Applicants who earned less than a 2.5 cumulative GPA in their undergraduate program are required to submit qualifying GMAT or GRE scores. Students can transfer up to six credits of relevant coursework from another accredited post-secondary institution. Jobs for MBA-finance graduates span from positions in investment banking to commercial banks to private consulting firms. Huizenga College hosts a Distinguished Lecture Series that invites business leaders and faculty to speak to the campus community on a range of topics, and online students can view recorded past lectures via Nova's YouTube channel.

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15 Colorado State University 64.06 3/5 19% Fort Collins, CO

The online professional MBA in finance program from Colorado State University offers professional students the chance to earn an AACSB-accredited degree in a 100% virtual environment. Most students take two courses per semester, and program completion times range from 21 months to five years. Online finance MBA electives include topics in fundamentals of firm valuation and futures and options. Active-duty military and veterans, as well as federal and Colorado state government employees, are eligible for tuition rate discounts. CSU's College of Business also supports corporate partnerships for companies who want to support multiple students within the program.

Students in CSU's MBA program hail from all over the U.S. and 46 countries. The average student is 35 years old and has 12 years of professional experience. Students who apply to the program with a cumulative 3.0 GPA for undergraduate work and at least eight years of professional experience (with progressing responsibility) can petition to waive the GMAT score requirement during application.

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16 Touro University Worldwide 63.80 3/5 68% Los Alamitos, CA

Touro University Worldwide is a nonprofit higher-education institution that welcomes a diverse and global student population from around the world. Students taking two courses over six consecutive semesters can complete an MBA in finance in one year, one of the quickest online program completion rates in our list. The 36-credit program curriculum consists of nine core courses, three major courses, and a final capstone project.

Touro's program is a convenient and affordable option for busy professionals who want to boost their credentials and advance into a management-level role. Students benefit from a competitive per-credit tuition rate, six program start times, and a streamlined application process. Minimum admission requirements include an accredited bachelor's degree with a minimum GPA of 2.5. Students interested in transferring from another graduate program must have a minimum 2.75 GPA. All Touro graduate students are expected to maintain a minimum 3.0 GPA to earn their degree.

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17 University of Miami 63.14 5/5 25% Coral Gables, FL

The University of Miami's professional MBA in finance online leverages top-notch resources from one of the leading business schools in the nation. In addition to an initial optional on-campus orientation, students may choose to participate in a one-week residency on the university's Coral Gables campus. The residency is an accelerated course that allows students to form relationships and network with peers and faculty. Students can also take advantage of the Toppel Career Center services, which include virtual job fairs, resume and interview preparation, and other resources. UM's unique Launch Pad center also offers free entrepreneurial resources -- including free venture consulting -- for all students.

UM's 42-credit sequenced MBA in corporate finance program is completed one course at a time, totaling 13 courses over 24 to 28 months. Students in corporate finance have the option of earning an initial Certificate of Corporate Finance to help accelerate their objectives, while finishing remaining degree requirements.

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18 East Carolina University 62.86 3/5 34% Greenville, NC

East Carolina University's MBA program is geared towards both business professionals and students looking to transition into the field. This 18-course, self-paced program requires no business prerequisites, although certain foundational courses may be waived for students who have taken equivalent courses at the undergraduate level. ECU's MBA with Finance Certificate program can be taken entirely online or in a hybrid format with both online and on-campus courses.

Maintaining accreditation by the AACSB since 1967, ECU provides an established but flexible program that covers a broad range of topics, from economics to finance to supply chain management. Students who earn the program's finance certificate can pursue in-demand MBA in finance jobs in fields such as analysis, management, and real estate. Finance students are also prepared to earn professional certification as a financial analyst or financial planner after graduation. ECU offers community-service, merit-, and need-based graduate scholarships to both online and on-campus MBA students.

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19 Brandman University 62.31 3/5 84% Irvine, CA

Brandman University's MBA in Finance program is designed with both employees and employers in mind. Students learn how to analyze the various components of organizations and business systems and craft solutions and strategies that integrate ethical considerations, as well as cultural and environmental sustainability principles. The school's online finance MBA concentration places an emphasis on the global business environment, with topics in international finance monetary systems, financial markets, and exchange rate systems. Students learn about various types of investments and how to manage a financial portfolio. Finance majors also complete a graduate-level accounting course in order to better gain a grounded understanding of financial operations and reporting. All asynchronous courses and student support services may be accessed via the Blackboard LMS.

Brandman, part of the historic Chapman University system, was originally founded to serve the needs of El Toro, California military students. The university's campus locations throughout California and Washington, as well as online, are now open to all students. Students can register online for a free financial aid webinar and virtual new student orientation.

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20 American University 61.12 5/5 5% Washington, DC

American University has offered its MBA in Finance through the Kogod School of Business for over 60 years. The program is designed to provide an engaging, 21st century educational experience, and offers student-centered online learning paired with collaborative on-campus residencies. The sequenced MBA program can be completed in 15 or 24 months, depending on student availability. Students in the MBA in finance online program learn financial and risk management strategies for corporate, nonprofit, or governmental organizations, with contemporary course topics in business analytics and intelligence.

In addition to 12 core courses and three finance electives, students complete two in-person immersion experiences -- one on American University's campus in Washington D.C. and the other in a major business hub around the world. Upcoming global immersion opportunities include San Francisco, Brussels, or Mexico City. Both experiences allow students the opportunity to connect with peers, learn from and collaborate with global business leaders, and experience outside cultures. Students are responsible for all travel and accommodation-related expenses.

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21 University of Nebraska 61.05 3/5 29% Lincoln, NE

The University of Nebraska's MBA in finance offers a spiral curriculum that allows students to apply what they've learned from one class to another. The minimum one-and-a-half-year program begins with foundational business courses followed by advance-level and major-specific courses. Students are required to take one international-focused elective, such as international finance or multinational financial analysis. Both part- and full-time options are available, with most students completing the program in two to four years. Online courses are accessed via the Canvas or Blackboard LMS. Exams are proctored and taken either on campus or at another approved location.

UNL is a recognized military-friendly school and provides a full set of resources and assistance to both active-duty military and veterans (including a 15% tuition rate discount for active military personnel). Students who have completed MBA graduate-level work at another higher education institution may be eligible to transfer up to 12 credits toward program requirements. Students with less than two years of professional experience are required to complete an internship in their chosen concentration.

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22 Webster University 60.40 4/5 18% Saint Louis, MO

Webster University's MBA in finance, accredited by the Accreditation Council for Business Schools and Programs (ACBSP), prepares graduates for management and executive-level roles in business. Students gain an in-depth understanding of the theory and real-world implications of competition in business, as well as the strategies and analytical skills needed to succeed in the international marketplace. Webster's 49-credit online MBA in finance program covers courses in markets, investments, budgeting, and financial strategy. Students also complete a foundational set of business courses, which expose students to other domains like marketing and operations management.

Webster offers a 40% tuition discount for all active-duty military, reservists, and National Guard members. Since its founding in 1915, Webster has grown from a single main campus in St. Louis, Missouri, to multiple locations throughout the U.S. and overseas, and has also established a reputable online presence with more than 25 online graduate programs available.

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23 New Jersey Institute of Technology 60.07 3/5 19% Newark, NJ

Known for coining the term "virtual classroom", the New Jersey Institute of Technology offers an emerging technology-focused MBA in finance degree, preparing students to be leaders in an evolving business market. This 48-credit program requires students to complete 16 courses over eight, 15-week semesters, with most students taking two courses at a time. In addition to core and concentration coursework, students complete two capstone courses in corporate governance and strategic management.

Students learn essential management concepts and technology tools needed to solve 21st-century business problem across industries. For example, finance students learn the ins and outs of eCommerce, cloud-based financial technologies, data-capture systems, and other similar technologies that have allowed for the automation of much of the financial industry. Finance-specific courses include corporate finance, merchant banking, and valuation. Tech-savvy graduates are prepared to apply their management-level skills to a variety of MBA in finance jobs, including financial and risk management analysts, department heads, and many others.

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24 University of Colorado Denver/Anschutz Medical Campus 59.82 3/5 21% Denver, CO

Students in University of Colorado Denver's MBA in finance program access content through a combination of traditional and individualized methods, including classroom discussion, interactive digital activities, and experiences with local Colorado businesses. MBA students also have the opportunity to work with the experiential learning team and arrange for a 10- to 15-hour-per-week internship in the business and financial industry. CUD's 120,000-square-foot business school, located in the heart of Denver, is easily accessible for area students who want the option of taking some courses in-person. The school features a new research-based Center for Commodities, a collaboration between CUD and JPMorgan, that provides all students with unique educational opportunities to learn about the latest technologies in trading and global financial markets. CUD's online MBA finance graduates are equipped with the knowledge and skills needed to succeed in a diverse set of financial environments, from investment firms to corporations. All students pay the same, competitive online tuition rate, regardless of residency status.

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25 Northeastern University 59.62 4/5 N/A Boston, MA

Northeastern University's D'Amore-McKim School of Business has offered its top-ranking online MBA in finance to learners for over a decade. This 50-credit program offers a particularly wide range of finance electives, including business turnarounds, entrepreneurial finance for high-tech companies, and healthcare finance. Online courses blend interactive media -- such as gamification and strategy simulation -- with real-world case reviews, collaborative group assignments, and a variety of skills- and knowledge-based assessments. An optional one-week, campus-based intensive is available to online students who complete at least nine course credits. Students who have completed their first year of courses and maintained a 3.0 GPA also have the option of completing a residency experience abroad, with locations updated annually.

Application requirements include (but are not limited to) a minimum of five years of professional experience, an accredited bachelor's degree with a minimum 3.0 GPA, and two letters of professional recommendation. Second-year students can also apply for a tuition scholarship, which covers 25% of annual tuition costs.

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Timeline
18 months to 2 years
credit Hours
36
Program Costs (when available)
$10,000 to $25,000 in annual tuition
Concentrations
Management, Leadership, Project Management, Finance, Economics, Marketing, Human Resources
Accreditation
Association of MBAs (AMBA), AACSB International, EQUIS
Additional Considerations
Previous work experience is required to show that applicants have an aptitude for leading and collaborating in a business setting.

Job Placement: MBA in Entrepreneurship

The job market for MBA in finance graduates is growing. MBA in finance curriculums cover several business topics, which positions graduates to pursue managerial positions in the field.
Work experience plays an important role in getting MBAs into highly-paid roles. A survey of MBA graduates from PayScale measured average work experience and salary. The survey found a clear connection between higher work experience and a higher salary.

Occupation Project Job Growth (2014–24) Change in Number of Jobs (2014–24)
Financial Manager 7% 37,700
Financial Analyst 12% 32,300
Accountant 11% 142,400
Financial Examiner 10% 3,700
Chief Financial Officer 6% 147,000

Source: U.S. Bureau of Labor Statistics

MBA Salaries

Salary expectations for employees with an MBA in finance will vary greatly depending on their specific job title, as well as other factors like their degree specialization and their location. Many MBA graduates already have relevant work experience, and will be able to jump into management positions upon graduation. The table below looks at career salary growth projections for five of the most common career paths among employees who hold an MBA in finance.

Occupation Median Annual Salary for Entry-Level Employees (0-5 Years) Median Annual Salary for Mid-Career Employees (5-10 Years) Median Annual Salary for Experienced Employees (10-20 Years) Median Annual Salary for Late-Career Employees (20+ Years)
Financial Manager $72,000 $95,000 $99,000 $85,000
Financial Director $73,000 $108,000 $129,000 $118,000
Financial Analyst $57,000 $67,000 $70,000 $73,000
Financial Controller $66,000 $79,000 $86,000 $86,000
Chief Financial Officer $95,000 $112,000 $142,000 $154,000

Source: PayScale

Of the five occupations listed on the table, the average rate of career growth was 40% between entry-level jobs and late-career. Financial directors and chief financial officers saw the highest growth by far, with each increasing 62% over 20 years. Financial controllers placed third with a 30% increase over 20 years.

Career and Further Education Opportunities

All MBA in finance graduates enter the workforce prepared to work in a range of management positions, with individual specializations that vary from person to person. Below, we’ve covered five common career paths for graduates.

Budget Analyst: Budget analysts work with public and private organizations to organize their finances. The primary tasks of a budget analyst include creating budget reports and monitoring institutional spending. The end of the year can be busy for a budget analyst, as they may be tasked with creating annual reports or helping with tax filing.

Chief FInancial Officer (CFO): A CFO’s responsibilities vary greatly depending on the size of their organization. CFOs are commonly responsible for controllership and treasury duties, as well as economic strategy and forecasting. CFOs can direct and oversee an organization’s financial and budgetary activities and may analyze financial statements, sales reports, and other performance indicators.

Financial Manager: A financial manager’s chief concern is the overall financial health of their organization. They produce financial reports, direct the organization’s investments, determine long-term financial goals, and develop strategies for achieving them. This role is changing rapidly in response to technological advances that make reporting and monitoring much easier than in the past. As a result, modern financial managers do much more data analysis than their predecessors.

Accountant: Sometimes called “auditors,” accountants prepare and examine financial records for an organization. The primary task of an accountant is to ensure that financial records are accurate and that taxes are paid properly and on time. They also assess financial operations and work to help ensure that all functions run efficiently.

Financial Analyst: Financial analysts are responsible for guiding their clients to making sound investment decisions. A financial analyst can work for an organization or an individual. They will assess the performance of stocks, bonds, and other types of investments for their clients and provide recommendations on how to get the best return on investment.

Occupation Median Annual Salary Projected Industry Growth (2014-24)
Budget Analyst $71,590 3%
Chief Financial Officer $102,690 6%
Financial Manager $117,990 7%
Accountant $67,190 11%
Financial Analyst $80,310 12%

Source: Bureau of Labor Statistics (BLS)

MBA Professional Organizations

Knowing the right people can have a major impact on your career, and this is especially true in finance. Professional organizations are a great resource for students who are leaving school to enter the job market. These organizations can help your job search and offer certifications, networking opportunities, and professional development opportunities that can help you start your career on the right foot. Below you’ll find three prominent organizations that can help accelerate your career in finance.

Most students still need financial assistance to pay for their MBA in finance, even if they work during their time in school. Students should complete a Free Application for Federal Student Aid (FAFSA) form to learn more about loans, grants, and other opportunities offered through the U.S. government. Additionally, private grants and scholarships are widely available through nonprofit organizations, companies, and other sources. Check out our collection of resources below to learn more about your financial aid options.

AN OVERVIEW OF FINANCIAL AID

Approximately two-thirds of today’s college students rely on loans to fund their education, but there are plenty of overlooked financing options you can use to reduce your overall student debt.

UNDERSTANDING THE FAFSA

Completing the Free Application for Federal Student Aid (FAFSA) is a crucial first step for any student with financial needs. Our FAFSA guide features a step-by-step rundown on the process and answers to several frequently asked questions.

FINANCIAL AID FOR ONLINE COLLEGE STUDENTS

Financial aid for online learning is equivalent to what you’ll find for campus-based learning, but that hasn’t always been the case. Learn about the changes that have taken place, as well as the different funding opportunities available to online students.

SCHOLARSHIPS FOR WOMEN

Online programs can provide an affordable and flexible option for women trying to balance the demands of work, family, and earning their degree. We’ve curated a list of valuable scholarships specifically for women.

SCHOLARSHIPS FOR SINGLE PARENTS

Online college programs can be a flexible, affordable option for single parents who are interested in earning a degree and securing their family’s financial future. We’ve compiled a list of scholarships, grants, and other financial aid options geared toward single moms and dads.

FINANCIAL AID FOR VETERANS AND ACTIVE MILITARY

Millions of dollars in free money is available to U.S. military personnel, but much of it goes unused. Learn more about grants, scholarships, and other financial aid opportunities available to veterans, active-duty service members, and reservists.