Careers in finance can be difficult for people who are not fully prepared for the role. Being entrusted with billions of dollars and managing the financial directions of global market conglomerates are not responsibilities that every job candidate is ready for. Graduates of an MBA program with an emphasis in finance have both the technical skills and business savvy required to handle these vast responsibilities.
An MBA that focuses on finance is a great stepping stone for people who are ready to take on the challenge of making significant investing decisions and becoming leaders in the government, corporate and nonprofit worlds. Looking forward, finance continues to be the concentration from which most companies expect to hire their MBAs, as noted in the 2015/2016 QS TopMBA.com Jobs and Salary Trends Report. Regardless of which career path MBAs choose, the United States Bureau of Labor Statistics anticipates the need for finance specialists to increase due to increased oversight, the consolidation of firms and continual technology changes.
There is a wide range of job options for graduates of an MBA with an emphasis in finance program. The following are just some of the career options to consider.
1. Financial Advisor
A career as a financial advisor is especially suited to people who have an affinity for working one-on-one with private clients. Also known as wealth managers, these professionals advise clients on financial decisions based upon their unique situations.
2. Financial Analyst
People who have an interest in evaluating businesses, budgets and projects may enjoy the challenge that financial analysts face when examining the stability, profitability, and liquidity of entities to determine whether they would be good investments.
3. Chief Financial Officer (CFO)
If finance MBA graduates are interested in propelling themselves to the C-suite, there is a strong need for people who are adept at strategic decision-making, opportunity analysis and leadership. CFOs have a wide range of responsibilities that direct corporations’ paths forward.
4. Investment Banker
The commercial and banking fields both employ investment bankers to raise capital for established and fledgling companies following their valuation analysis, determining the best market for the sale, and negotiating with prospective buyers to maximize the cash flow of their investment firm or bank.
5. International Financial Manager
Monetary transactions between countries involve complexities that require intense specialization and experience. International financial managers must consider exchange rates, governmental regulations, investment procedures and political risk for every transaction.
When MBA graduates who have specialized in finance look for employment opportunities, they have a wide and varied range of options. These five jobs are a small sample of the opportunities suited to people who want careers that involve a great deal of trust and responsibility.
Learn more about the SOSU online MBA with an emphasis in finance program.
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