Earning an online MBA in finance can open numerous doors in your career. Online degrees are delivered through convenient prerecorded lectures and asynchronous class formats, and many are designed to accommodate the busy schedules of working professionals. Our guide below introduces some of what you can expect during an MBA in finance, as well as possible career options for graduates.

What Is an MBA in Finance? FAQs

Every organization -- whether it's a for-profit company or a nonprofit -- needs educated professionals who can implement financial best practices. An MBA in finance can prepare learners for top-level executive positions or other high-level roles in nearly any organization.

Why Should You Get an Online MBA in Finance?

While a master's degree can lead to numerous career and financial benefits, a traditional brick-and-mortar education may not be the best option for every student. An online degree may appeal to busy working professionals who have demanding careers or other personal responsibilities that prevent them from regular attendance on campus. Online learners can complete coursework when it fits their schedule, and may often continue working full-time while they earn their degree. Additionally, online learning gives students more options for programs, as students may attend a university several states away that would otherwise be unattainable.

The Bureau of Labor Statistics projects average or faster-than-average growth for several careers in finances. This includes careers such as personal financial advisors and financial managers, but there are many fast-growing jobs. With such a high growth rate for jobs in this field, pursuing your online MBA in finance can provide job security and lucrative salaries.

Online learners can complete coursework when it fits their schedule, and may often continue working full-time while they earn their degree.

Earning an MBA in finance is a major way that job applicants can stand-out to potential employers. With an advanced degree and relevant experience, job candidates have a greater chance of receiving high paying jobs. According to O Net Online, 50% of financial managers only have a bachelor's degree, which means a master's degree can help financial managers advance in their career.

Finance careers involve multiple skills; however, and many graduates hold careers in positions of leadership. A master's degree in finance gives students relevant leadership skills to prepare them to lead a finance team. Receiving an MBA in finance online is a worthwhile investment, especially with given its convenience and flexibility.

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