An Online MBA is an asset in the financial sector, which has proven to be resilient in the face of the COVID-19 pandemic. While some areas of the industry are cutting jobs, others are growing strongly, such as insurance and asset management. Corporate finance is also a bright spot for hiring, given the need to steward shareholder capital well in an economic downturn.
Although there are very few specialized Online MBAs in Finance, there are a wide range of Online MBA degrees that prepare students for lucrative roles in global finance. Some business schools run entire online degrees in finance, while others enable Online MBA students to tailor the curriculum to their professional needs by choosing from a wide range of electives. These deepen the financial acumen of students by covering such subjects as capital markets, financial reporting and analysis. Other schools run joint degrees combining finance with business management.
Students from these Finance-oriented MBAs go on to work across the financial services industry, for example in investment banking and private equity. They also work in corporate finance at multinational companies across sectors. They are aided by career management departments that provide executive coaching, resume screening and networking opportunities.
Here are the top 10 Online MBAs for a career in finance:
Indiana University’s Kelley School of Business has seen a dramatic increase in Online MBA students going into the financial services sector in the past few years. Especially in companies providing insurance services and pension saving plans, as well as asset management firms. The proportion of students who receive a promotion in any sector or function while on the MBA is 64 percent, and the mean base salary shortly after graduation is $122,000.View School Profile
At Imperial College Business School in London, finance is typically the second most popular career industry destination after oil and gas, with a good chunk of Online MBA students going to work in finance shortly after graduation. That suggests Imperial could be good choice for those hoping to switch careers into finance. London is also a global financial center.View School Profile
At Warwick Business School, Online MBA students receive presentations from experienced financiers who share first-hand industry insights. Students also have unlimited access to the school’s finance network, a professional group that delivers networking opportunities. Students also have free executive coaching and career development support. Warwick is ranked top for career progress by the FT, with alumni earning $204,799 three years after graduation, a 40 percent increase on their pre-MBA pay.View School Profile
At Carnegie Mellon University’s Tepper School of Business, finance is the second largest recruiting sector among the Online MBA students. Graduates pursue careers in corporate finance and strategy, investment banking and research. Finance-minded Online MBA students can choose specialist electives to focus the curriculum on their career path. They can also join student clubs such as the Graduate Finance Association.View School Profile
Students on the Online MBA at UNC can specialize in finance. The concentration offers a variety of elective courses to help students learn about a range of subjects including capital markets, corporate valuation, tax, financial reporting and analysis. That’s in addition to developing their broader business and management skills. Students go on to work in taxation, investment banking, accounting and auditing, private equity, and financial analysis.View School Profile
The finance and banking industries are amongst the most popular with Online MBA students at IE Business School. IE’s Talent and Careers department works with 3,500 international recruiters, many of them in the finance industry, to give students lifelong access to job opportunities at companies such as Deutsche Bank. Overall, 90 percent of students in the school’s high ranking Online MBA are employed within three months of graduation. There are also more than 160 nationalities in the school’s alumni network.View School Profile
The D’Amore-McKim School of Business Online MBA degree includes a finance concentration for students to develop a more extensive understanding of global financial practices, strategies and analytics. The coursework covers such subjects as portfolio management, corporate takeover tactics and defense strategies. The school also offers a dual degree option: the Online Master of Science in Finance/MBA. This helps students reach financial management positions.View School Profile
Alliance Manchester runs a Global MBA in Finance. The program is delivered part-time though blended learning, a mixture of online classes and residential workshops in London and Manchester. The 18-month course is for candidates with professional accountancy qualifications, such as ACCA, who want to acquire broader leadership skills while also deepening their financial expertise. Students can also complete two modules overseas in Dubai, Hong Kong, Sao Paulo, Shanghai, Singapore or Tokyo.View School Profile
Texas A&M International University offers an Online MBA in International Banking and Finance. Students deepen their knowledge about international investments, exchange rates and more. Core modules also cover wider management topics such as leadership and ethics. Students graduate with the tools to manage the finances of any firm, or work in the global financial services industry.View School Profile
Online MBA students at AACSB-accredited Johns Hopkins Carey Business School can take a financial management certificate, learning about the new financial instruments and techniques in global markets, as well as advancements in technology. This gives them specialist knowledge in finance, and a foundation for a career in the industry.View School Profile