Skills you can learn in a Specialised Finance MBA degree
The reasons that a student may undertake an MBA degree are many and varied – most, however, are looking to build their understanding of business in order to improve their career prospects, or cement the knowledge they’ve already gained through years of practical experience. An MBA is widely considered to be an ideal way to gain key operational information in a variety of business sectors – but some students elect to specialise in one particular area of business to help them achieve their own goals and objectives within their chosen industry.
An MBA degree with a specialisation in Finance offers many benefits to its students – today we’re going to explore a few of the key skills students learn in a Finance MBA, and the advantages those skills can offer for future career development.
MBA Students who specialise in Finance will still learn key business skills that are applicable across every sector of a company – leadership, governance, marketing, management and human resources are all considered to be required learning in an MBA degree – but the Finance stream offers a spotlight on the number elements of a business, and encourages students to explore the practical finance needs of their business or organisation.
Determining value:
Students in a specialised finance MBA degree are taught about the many value markers of a business – for those without specialised finance knowledge, it can be hard to know how to value a business, to determine the worth of stocks and shares, and build and maintain a capital budget. The MBA teaches key practical, strategic and analytical skills so that students are able to better determine the worth and value of a company.
Broadening finance knowledge:
Knowledge and understanding is a crucial element of financial success – and the ability to not only understand but analyse and recognise opportunities within financial markets is critical for many businesses around the globe. A specialised MBA degree in Finance offers students the ability to maintain up-to-date knowledge on key financial markets, as well as develop an understanding of banking, financial regulators and other institutions. Students will also learn to assess risks related to finance, in order to better understand the financial standing of their organisation.
Understanding key concepts:
The theory behind financial management and investment is extremely valuable to businesses of all sizes. Employees who understand macroeconomics and have the ability to analyse industry patterns, in addition to key concepts like profits, losses, margins and investment portfolios, are likely going to be of more value to a company – and these skills are equally valuable for students looking to build their own business or business empire.
The finance specialisation may not be for every student, as it requires a dedication to understanding accounting and numbers – but the benefits to both student and business can be impressive.
What are your thoughts – would you consider studying a specialised MBA? If you’re interested in learning more about the MBA programmes offered by AIB, including the specialised MBA in Finance, head to our website at www.aib.edu.au.