If you are pursuing a career in Finance, upgrading your qualification and staying ahead of the curve is very important. What better way to tackle the current career demands than to go for an MBA in Finance. Why MBA in Finances? An MBA opens doors to better opportunities and new career paths. You can aim for a managerial or executive position in the Finance sector with an MBA in Finance under your wing.
With blended education on the rise, there are many institutions that offer an MBA in finance for working professionals. Because of the benefits of MBA in Finance, it is fast becoming one of the most sought after specializations in the GCC region. If you are still asking yourself the crucial question: Is an MBA in Finance worth it? Read through to find your answer.
Why MBA in Finance?
Finance is the lifeline for every business and organization, making it the one of the pillars of business management. If you have an aptitude for finance then an MBA in Finance is the next step for your career growth or a career choice. It will help you develop understanding of financial analysis, portfolio management, risk evaluation and management, and investment strategies, all of which are very important for business management. It is equally important across all industries including Banks, Multinational corporations, and investment firms. The reason why to choose finance in MBA is because of this versatility. It doesn’t limit you to one sector or industry.
Warren Buffet famously said,” The more you learn, the more you warm.” This applies especially to finance professionals who can use their expertise to negotiate better positions and salary packages.
Benefits of MBA in Finance
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High in Demand:
As per the statistics given by the U.S. Bureau of Labor, the employment in business and financial operations is expected to grow by 7% from 2021 to 2031, faster than other roles. Companies are constantly on the lookout for financial experts to manage their resources and investments to minimize financial risks.
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Attractive Salaries:
One of the key benefits of MBA in finance is better chances of higher earnings. According to statistics by PayScale,depending on the role and experience, the average salary for an MBA in finance graduate is from $ 90,000 to $ 150,000 annually. However, in investment banking and hedge funds, the chance of higher earnings is even better.
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Career Growth:
If you are still convincing yourself why you want to do an MBA in finance, think of the long term benefits that it offers. You will have long-term career growth, always in demand and relevant to the industry. Many top level professionals in Fortune 500 companies started off with careers in Finance. An MBA in Finance qualifies you for senior roles like the Chief Financial Officer, Financial, and the Vice President of Finance.
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Find opportunities Globally:
Finance is equally important globally for all industries. An MBA in Finance equips you with the skill set needed universally. Whether you want a job in Dubai or London or New York, you are qualified for all regions in financial roles.
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Complete Business Knowledge:
An MBA program has a holistic approach towards equipping you with business management. So, no matter what your specialization is, you will learn about other critical business management areas like marketing, HR, and operations. This enables you to be prepared to take up strategic roles that require an in-depth understanding of how the different departments work together in an organization.
Why to Choose Finance in MBA as a Working Professional?
As a working professional, pursuing further education becomes a challenge. But at the same time you do understand the importance of education to progress in your career. The reasons why MBA in Finance for working professionals is a must do, are:
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Skill Improvement:
Working professionals feel that their career is getting stagnant at a certain point. An MBA in Finance will freshen and sharpen up your skills and teach you a few latest ones as well. This can help you in aiming for better higher roles.
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Enhance your network:
MBA programs are filled with highly skilled and capable individuals, especially with working professionals as students. You get to interact with peers, faculty, and industry experts. They can help you to learn and grow in more ways than one. For working professionals, networking opportunities are vital as it gives them better chances of growth .
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Blended Learning:
With the realization of the need for higher education for working professionals, many institutions have started offering online or hybrid MBA programs. Such courses help you to balance their work, education, and personal life. This way you don’t have to quit your work to do your MBA. It is a perfect way to get career growth while being the bread earner simultaneously.
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Fast Progression:
Many organizations value the employees who keep on updating their education and skills. Employees getting an MBA have more chances of getting internally hired for senior roles. An MBA indicates that you are looking for career advancements and are serious in your commitment to the growth and development for better opportunities. Employers are always looking for professionals who are passionate about their career development and take such initiative.
Is MBA in Finance Worth It?
The obvious answer is Yes! It is absolutely and totally worth it. But whether you should go for it now depends on your ambition and career growth including personal circumstances.
If you are aspiring for a higher position in finance then an MBA in Finance is probably the best thing you can do for yourself. It will help you increase your earning potential, build a stronger professional network, and equip you with leadership skills needed for the current competitive market.
You also need to consider factors like the program cost and timeline before deciding to go for an MBA. The MBA graduates see the benefit of the investment in MBA within 3-5 years of completion of their degree. This makes it a worthwhile investment and significant push towards career advancement.
Bradford International Alliance: Your Gateway to a Prestigious MBA
Bradford International Alliance offers a highly respected and accepted MBA in Finance that provides blended and affordable learning experience. Our program is tailored to accommodate the working professionals so they can balance their career and education seamlessly.
Our programs and certifications are recognized by reputable global entities including WES. The curriculum is 100% assignment-based with live and recorded classes. All our MBA specializations, especially MBA in Finance, polish your skills and knowledge base to thrive in the competitive finance sector. To make it even better, we have additional options for MOFA and UAE embassy attestation to give your degree more international credibility.
Whether you are a fresher or an experienced professional aiming for the C suite, Bradford’s MBA in Finance will help to climb that ladder to success. Why choose finance in MBA? Because it is the way forward to success and career fulfillment.