Financial Management

Not at all. The Financial Management subject provides an introductory overview of financial concepts, analysis tools and techniques, and ethics in finance. You do not need to have prior knowledge or experience in the field of finance is required, and there are no prerequisite subjects within the AIB MBA curriculum for this subject. All the basic calculations are done through excel and these have been scaffolded throughout the subject to guide you. Further, the general business knowledge you have acquired through experience in the workplace will support your learning. 

At a foundational level, the subject introduces how a manager can interpret financial statements, identify trends, and utilise financial tools and techniques to improve decision-making, alongside nonfinancial considerations such as environmental, social and governance issues (ESG). It also provides insights into the tools managers need to be able to determine the value of the cash flows to their business when making investment decisions. You will also learn the different types of costs and how to manage your organisation’s working capital effectively to generate value for shareholders. 

Financial decisions are made by managers across all departments and teams every day. From which project will add the most value to the company to how to reduce operational spending and where to spend the marketing budget – these are all examples of financial decisions often made by professionals outside of the finance department. For managers in all fields and at all seniority levels, having a practical understanding of financial management enables them to make informed strategic decisions, communicate effectively with stakeholders, evaluate and understand financial reports, and strategically plan and manage costs efficiently. 

Financial Management is a core subject within the AIB MBA, which means it is a compulsory unit undertaken by all students in their MBA journey to meet the requirements to be awarded the degree. Financial Management can be studied from the third subject onward, following the completion of Leadership and Strategic Management, which are the first and second subjects in the MBA timetable. 

Students are encouraged to contact their Enrolment Advisor for timetable advice and support. 

Yes, AIB offers an MBA specialisation in Finance, which supports experienced and aspiring finance professionals to excel in their careers in the sector. Covering more than just the numbers, this specialised MBA guides students through the universally used theoretical frameworks and data-driven techniques relevant to modern private sector companies, the public sector, and not-for-profit organisations.   

Should you choose to specialise in the MBA (Finance Management), you will have the opportunity to explore subjects like Corporate Finance, Investment Management, as well as Financial Market and institutions to further develop their expertise in Finance. These Finance elective subjects can also be chosen as electives should you choose to undertake the MBA (General) award.  

Learn more about the MBA (Finance). 

If you’re interested in studying Financial Management and the AIB MBA, get in touch with an AIB Enrolment Advisor to discuss your application and timetabling.