Featured Online Financial Management MBA Schools |
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Walden University - Master of Business Administration (M.B.A.) - Risk Management
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Ashford University - MBA - Finance
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Grand Canyon University - M.B.A.: Finance
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Northeastern University - Master of Business Administration - Finance
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Strayer University - Masters - Business Administration: Finance Concentration
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Saint Leo University Online - Master of Business Administration: Accounting Major
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University of the Southwest - MBA - Finance
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Western International University - Master of Business Administration in Accounting
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University of Phoenix - Master of Business Administration - Accounting
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University of the Southwest - MBA - Accounting
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Grand Canyon University - M.B.A.: Accounting
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Colorado Technical University - Master of Business Administration - Accounting
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Florida Tech University Online - MBA/Accounting
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Kaplan University - MBA - Finance
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| 15. |
Western International University - Master of Business Administration - Finance
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| 16. |
Jones International University - MBA in Financial Analysis
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Post University - Master of Business Administration / Finance
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Liberty University Online - Master of Business Administration - Accounting
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South University - Masters of Business Administration - Finance Specialization
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| 20. |
California Intercontinental University - MBA - Banking and Finance
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| 21. |
Strayer University - Masters - Business Administration: Accounting Concentration
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| 22. |
Florida Tech University Online - MBA/Finance
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| 23. |
Norwich University - Master of Business Administration - Finance
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South University - Masters of Business Administration - Accounting Specialization
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| 25. |
American InterContinental University - MBA - Accounting
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| 26. |
American InterContinental University - MBA - Finance
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| 27. |
Brandman University - MBA in Business Administration - Accounting
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| 28. |
Brandman University - MBA in Business Administration - Finance
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| 29. |
Colorado Technical University - Master of Business Administration - Finance
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| 30. |
Jones International University - MBA in Finance
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Smart financial management is key to the success of any organization, whether a small start-up, an established corporation or a non-profit institution. A campus-based or online Master of Business Administration in Financial Management degree prepares students for jobs as financial managers or analysts. A degree from an institution rated highly in online financial management MBA rankings can be a valuable asset for anyone interested in a career in finance.
Students enrolled in accredited financial management MBA schools online can expect to receive a solid foundation in business concepts as well as finance and accounting principles. Students learn how to assess risk and protect a company’s assets, how to create and read balance sheets and how to evaluate the financial health of an institution. More advanced topics such as risk management and capital budgeting will prepare students for future careers as financial managers.
Students interested in finance, accounting and budgeting will benefit the most from an online Master of Business Administration in Financial Management.
Some additional characteristics that are common amongst many online MBA financial management students include:
A financial management MBA degree online takes approximately the same time to finish as any other MBA online. To earn this degree it generally requires 2 years of full-time schooling. However, part-time or accelerated programs are offered by some business schools to allow students to earn the program at their own pace.
Prior to enrolling in online MBA financial management programs, business schools typically require students to possess an undergraduate degree. An undergraduate degree in related fields such as CPA, business administration, economics, and financial planning may be preferred by some schools that have an MBA financial management online program.
In addition to requiring students to have a bachelor’s degree, many online MBA in financial management programs base admission on the following criteria:
The best financial management MBA online programs give students a solid foundation in general business topics, as well as specialized knowledge that will prepare them for a career in financial management. In the first year of an MBA online financial management program, students will study such topics as corporate finance, business and corporate law, principles of management, organisational behaviour, managerial economics and corporate communication. Together, these core courses will familiarize students with business operations and teach them the skills necessary to effectively manage employees in a variety of settings.
The second year of an online MBA in financial management program is more specialized. In addition to an internship or dissertation, more specialized MBA financial management online courses include risk management and insurance, security analysis, portfolio management, derivatives and mergers and acquisitions. These courses specifically prepare students to take on the responsibilities of financial managers in various organizations. Some programs may include elective courses in international financial management, intended for students interested in pursing careers in global corporations.
Often students enrolled in online financial management MBA programs complete an internship during the course of their studies. Internships are important. Through them, students not only make good business contacts, but they also get a chance to apply what they are learning in their classes.
Some books students interested in financial management MBA careers may find helpful are:
1. Guide to Financial Management (John Tennent) – This book is a beginner’s guide to understanding basic financial concepts, meant for the layperson rather than the academic.
2. The Wall Street MBA: Your Personal Crash Course in Corporate Finance (Reuben Advani) – Advani’s book introduces readers to the world of corporate finance, a field most online financial management MBA schools focus on.
3. Regulating Wall Street: The Dodd-Frank Act and the New Architecture of Global Finance (Matthew P. Richardson; Ingo Walter) – This recent book is full of up-to-date information regarding new laws that regulate the global marketplace.
4. Financial Intelligence: A Manager’s Guide to Knowing What the Numbers Really Mean (Karen Berman; Joe Knight; John Case) – In this book, the authors teach readers such skills as reading balance sheets and calculating returns on investment, making it perfect for beginning financial management students.
5. Schaum’s Outline of Financial Management (Jae Shim; Joel Siegel) – This volume is a great review tool and reference guide for any student of financial management.
According to the U.S. Bureau of Labor Statistics (BLS), the job prospects for financial managers are moderate, with 527,100 financial management jobs in 2010 indicating slightly slower than average growth. By 2020, the BLS expects there to be 573,400 financial management jobs in the country. Graduates of top online MBA financial management programs can expect to earn a financial management MBA salary similar to the following:
The projected growth for financial managers over the decade ending in 2020 is 9% according to the BLS. While the competition for financial management positions is quite high, applicants with business experience and a masters degree such as a financial management MBA online are usually the most qualified for the work.
Many employers want graduates who have studied from a program that has been accredited by the Association to Advance Collegiate Schools of Business. AACSB accredited financial management MBA programs are thought to provide students with a quality education.