This post provides a wealth of information about the best online MBA in finance, a professional business education that will equip you with a sound and broad knowledge of accounting, management, entrepreneurship, marketing, and finance topics. Read on to see which online MBA in Finance is best for you and start processing your admission.
The Master of Business Administration – MBA – is a graduate program designed to establish you as a professional in the business world. The degree provides theoretical and practical training that can be applied in companies to solve challenges, read data efficiently and move the company forward. With an MBA, there will be progress in your life and career.
With an MBA, you have so much potential and opportunities to discover. You can apply your skills in a variety of business environments, regardless of the field. All you need to do is earn an MBA that focuses on the field you want to get into. For example, there are MBAs with a focus on healthcare, logistics, finance, business analytics, and so on. This way, you can explore other areas and gain a new perspective.
If you’re keen to break new ground or pursue a career, you can consider an MBA regardless of your original field of study. If you also want to take your career to the next level and get better opportunities in the business world, then get an MBA.
MBA holders are highly regarded in an organization because they mainly hold leadership and management positions that oversee the operations of a large portion of the company. They are the managers and the CEO and other “top dogs” in the organization. If that’s what you want, then an MBA is for you.
Many people already know the benefits and multiple opportunities that an MBA degree offers and are trying to get one. Many people now want to get an MBA degree because there is a lot of demand for it, and they do so to stand out from the competition in the workforce. The institutions that offer this degree have recognized this huge demand and have started offering the program online to make it easier to get.
Harvard Business School online was among the first to offer an online MBA program with various concentrations. Fun fact, the MBA degree started at Harvard University and today thousands of universities around the world offer it both online and in a traditional setting. Now you can easily find an online MBA in Texas and enroll from anywhere in the world.
Some of the best online MBAs can also be found in California, but their teaching is on the high side. The online MBA in Florida is not that expensive, with some offering tuition fees of around $15,000. Different online business schools in the United States and other countries offer an online MBA program to make it as accessible as possible to everyone regardless of their location.
In your quest to enroll in one of the best online MBA programs I have created this post to provide you with all the details of the best online MBA with a concentration in finance. If you haven’t thought of concentration, you should. It gives you a major in your field of study and sets you apart from other professionals. You will acquire general knowledge of professional ethics and business administration as well as further specialist knowledge in your chosen specialisation.
About MBA in Finance
The Master of Business Administration in Finance is one of the many concentrations of a business degree program that specializes in finance-related courses such as portfolio management, corporate budgeting, financial planning and management, cost of capital, etc. He also deals with the account management and finances of organizations or companies to help them achieve their financial goals.
The MBA in Finance program provides students with broad expertise in pricing, asset management, risk management, and financial planning. It also teaches professional business people about controlling and verifying the collection, investment, and resources of money.
An MBA in finance typically takes 2 years of full-time study to complete, and when students graduate, a number of opportunities in the financial world are open to them and they can pursue careers in private equity, investment banking and management, corporate accounting, etc.
With an MBA in Finance, you can take on the following positions:
- Financial Analyst
- Financial Manager
- Senior Business Analyst
- Chief Financial Officer or CFO
- Accounting Manager
- Corporate/Financial Controller
- Management consultant
- Investment advisors
- Auditor
- Investment Managers
- Head of Finance
- Investor Relations Manager
- Budget Analyst
- Investment Banker
These are management and leadership positions in an organization, and you are tasked with overseeing the overall financial operations of an organization. Salaries are also high, with the lowest being just under $80,000 per year. If you’re interested in pursuing an online MBA in finance, you’ll need to meet a few requirements to be accepted into the program.
Requirements for the Online MBA in Finance
To be accepted into an online MBA in finance, you must meet certain requirements and submit documents to be considered for admission. The documents you submit will be used by the institution’s admissions office to evaluate you for admission. These requirements are:
- You must have completed and earned a bachelor’s degree in business, finance, economics, or a related field. Some programs may allow you to admit regardless of your bachelor’s major.
- You have two to three years of professional experience. Your host program may require more or less
- Submit the GMAT or GRE scores if needed, some programs may not require this. You may also be able to apply for a GMAT/GRE exemption if you meet the exemption requirements.
- Meet the required GPA to enter the online MBA program in finance. You can be admitted with an undergraduate grade point average of at least 3.0. But it must be backed by a high GMAT or GRE score.
- You have solid mathematical knowledge.
- Two or more letters of recommendation
- Unofficial or official transcripts
- TOEFL or IELTS for international students from non-English speaking countries. Meet the set score for English proficiency tests.
- Professional CV or CV
- Declaration of purpose
- You must also have online education tools to take online courses and tests and submit assignments. Keep in mind that the program is held online and not at a specific learning location such as a campus.
Average Cost of an Online MBA in Finance
The average cost of an online MBA in finance ranges from $10,000 to $80,000. I can only give one area and not a specific cost because there are various online MBA programs in finance programs. And the cost can vary depending on the student’s location. For example, in-state students pay lower tuition fees compared to out-of-state students.
The best online MBA in finance is discussed below, and I have provided the program cost along with them, as well as application links so that you can apply to the one that piques your interest and/or meets your academic and professional requirements. Without further ado, let’s get into them.
Best Online MBA in Finance
Here are the best online MBA programs in finance curated by some of the best institutions in the United States, UK, and other parts of the world. Browse carefully to find a program that suits you.
1. Stafford Global Online MBA in Finance
Stafford Global is a facility of the UK-based Edinburgh Napier University that offers a variety of online degree programs, including an online MBA in Finance. The online MBA in Finance at Stafford covers the principles of accounting, provides practical knowledge and skills related to primary financial statements, the preparation of cash budgets and more.
To be accepted into the online program, you will need a bachelor’s degree from an accredited university with at least 2:2 and two years of work experience. You can also take an English language test if you are not a native English speaker. The program duration is 21-33 months, and tuition fees are £10,560 for global students, $17,960 CAD for Canada, and £7,800 for Africa and emerging markets. It is one of the most affordable online MBA in finance.
2. Kelley School of Business Online MBA in Finance
Kelley School of Business is the business school of Indiana University. The college offers an online MBA, which is ranked No. 1 in the United States as the No. 1 in the U.S. News & World Report and The Princeton Review. His online MBA in Finance isn’t left out either, as it’s ranked No. 1 best by the U.S. News & World Report. The program consists of 30 credit hours with a total duration of 18 months to three years so that you can learn at your own pace.
Kelley’s online MBA in Finance covers topics related to financial management, risk management, capital markets, quantitative analysis, value creation, and economics. Applicants from all parts of the world are accepted, but you must meet the average undergraduate GPA of 3.4, three letters of recommendation, a GMAT score of 655, an application essay, work experience, and a TOEFL score of 100 for international students.
Admission to the online MBA in Finance at Kelley is competitive with an acceptance rate of only 36%.
3. Heriot-Watt University Online MBA in Finance
Heriot-Watt University’s Business School, Edinburgh Business School, offers an online MBA with a concentration in Finance that provides professional business professionals with the financial knowledge and understanding they need to advance their careers.
This program has been included in our list of the best online MBA in finance as the business school has recognized the Queen’s Award for Enterprise, International Trade and its full-time MBA at No. 24Th global by Financial Times.
The school has been in existence for over 400 years and is known for pioneering research, applied learning, and employable graduates. There is no way you will benefit from this if you enroll in the online MBA program in finance. The program fee varies depending on the country of origin. Those from the United States pay £13,090, while those from Nigeria pay £8,690 to check yours. please click here.
4. Carnegie Mellon University Online MBA in Finance
Carnegie Mellon University offers an online MBA with a concentration in finance through its Tepper School of Business. The program is ranked No. 2 by U.S. News & World Report and No. 4 among the best online MBA programs.
The MBA at Tepper stands out from the rest because it’s STEM-labeled and equips you with the analytical and leadership skills needed to lead where human intelligence unleashes the power of data and interdisciplinary teamwork drives innovation.
One of the drawbacks of this program is that it does not accept students outside the United States. Admission requirements include an average GPA of 3.4, an average GMAT score of 684, 83 months of work experience, and a letter of recommendation. The acceptance rate is minimal at 50% and tuition is calculated at $2,187 per credit.
5. Keele University Online MBA in Finance
If you are looking for a university known for its excellent teaching, research, and student satisfaction to pursue an online MBA in Finance, Keele University may be the right place for you. The institution offers an online MBA with a focus on finance, which you can complete from anywhere in the world. It is a 180-credit program that lasts for two years.
This program is in our list of the best online MBA in finance because of its performance in business education. It is ranked in the top 3 for business administration and administrative studies in the UK and 1St in England for course satisfaction. The online program is flexible and self-paced, so you can learn in your own time. The total fee is £10,800.
To be accepted into the program, you must have a 2:2 bachelor’s degree or equivalent and three years of work experience or two years of work experience on a master’s degree.
And if you don’t have either, but have 5 years of work experience in a management or managerial position, you can be accepted into the program. If English is not your first language, take an English language proficiency test. 50 for PTE, 6.0 for IELTS, and 79 for TOEFL.
6. WP Carey Online MBA in Finance
WP Carey School of Business is Arizona State University’s business school that offers a wide range of online and in-person bachelor’s and master’s degree programs. The college also offers an online MBA with various concentrations, including finance, international business, marketing, and leadership.
The online MBA here is among the best in the United States and is ranked 7th by the U.S. News & World Report, while the online MBA in finance is ranked 3rdRd Position.
One of the advantages of the online MBA in Finance at WP Carey is that GMAT or GRE are not required as part of the application for admission, but the downside is that it is very expensive with tuition of $61,677 for all students regardless of your location. Fortunately, there are scholarships and funding opportunities to make your education affordable.
To enroll, you must possess a bachelor’s degree with a 3.4 GPA, work experience, and two letters of recommendation to be considered for admission.
7. Tippie College of Business Online MBA in Finance
Tippie College of Business is the business school of the University of Iowa. The business school offers an online MBA program with various concentrations as well as in the field of finance. The program is ranked 14th and one of the best online MBAs in the United StatesTh by Princeton Review and U.S. News & World Report ranks its online MBA in Finance at No. 15Th Position.
The online MBA program in finance lasts for 2 years or more if you choose a longer period. Your learning pace is up to you. There are three start dates in the year: summer, autumn and spring.
To enroll, you must have a bachelor’s GPA with a minimum GPA of 3.0 and 18 months of relevant work experience. GMAT or GRE is not required. Tuition is one of the most affordable at $700 per credit.
8. The University of Maryland Online MBA in Finance
The University of Maryland offers an online MBA in Finance through its business school, Robert H. Smith School of Business. In this programme, you will explore the challenges of corporate finance, financial restructuring and investment and find ways to address these issues efficiently. The program has three start dates annually in January, May and August.
To be considered for admission, you must pay a non-refundable application fee of $75, submit a letter of recommendation, have at least 2 years of relevant work experience, submit a 300-word essay, and transcripts from previously attended institutions.
GMAT or GRE is optional and not a requirement. International applicants who are not native English speakers must take the TOEFL, IELTS, or another recognized English language proficiency test. The cost of the program is $1,682 per credit.