This page helps you find out more about MBA in banking degree programs. It explains what the courses are, where to find them, and what the prospects are for careers in banking.
The masters of business administration is a graduate degree which highlights management aspects. It is a very popular degree and people from every educational field and academic discipline wish to pursue it these days. The degree first originated in the United States in the 19th century as the industrialization led to the growth of scientific approaches towards management. This showed the need for people with relevant skills who could help to manage the various aspects of a project. This requirement was soon observed in different fields and the MBA soon became popular for bank careers.
Management is one of the core courses in the program - other ones include accounting, finance, human resources, and marketing. The students who opt for these programs have a couple of options. They can either opt for a generic program. They can also select one area for specialization and focus on it for one fourth of their course, or one semester. It is also possible to specialize and take an MBA investment banking. Also, online finance programs and online accounting programs may be of interest to you.
The following are a few selected schools which offer banking MBAs or similar graduate degree programs:
Click here to search for MBA schools offering programs in the following areas:
Accounting MBA; Biotechnology MBA; Entrepreneurship MBA; Finance MBA; Healthcare MBA; Human Resources MBA; Information Technology MBA; International MBA; Management MBA; Marketing MBA Operations MBA; Supply Chain MBA; Online MBA.
The course normally takes 2 years to complete. For an on-campus program, the two years are broken down into 4 semesters of 6 months each. Each semester may have 3 to 4 subjects, with a final assessment examination at the end the semester. A minimum of 50 percent should be secured to complete a semester successfully. The course can also be pursued in distance mode or in the part time mode. In these modes, the course schedule may be longer, due to the fact that students need to take fewer subjects each semester.
The various subjects included in the course cover topics like management of financial matters, financial law, electronic banking, corporate finance and a range of industry specific subjects that provide excellent training for a range of jobs, such as investment banking jobs. To get into a masters course, it is generally expected that the applicant should have at least three years of work experience in a relevant field. This, however, may not be compulsory and it varies from one university to another.
The course also aims to provide a theoretical and practical education in the field of international banking as well. It helps a student to understand the essence of financial transactions on a global scale. This provides an international outlook in the field of finance. Successful completion of a banking MBA helps in providing a solid and sound foundation to the career of an applicant in the banking and financial sector.
MBA students should follow industry news to be prepared for entering the business world after graduation. Click here to read and obtain a free subscription to Business Professional Weekend News and Business Professional MidWeek News.
Professionals working in this area are required to possess a wide range of skills. These skills help them immensely in coping up with the constant challenges and changes in the dynamic financial sector. The MBA is really helpful for people, who hold a professional graduate qualification in finance, economics, accounting etc.
It is also beneficial for people who are employed in banks and other financial organizations. It helps them to secure a healthy promotion and work on a profile with managerial responsibilities. This course equips an individual to manage and consult others on these matters and develop a knack for banking functions.
The median income of these professional is about 70k and there is range of jobs, which can be taken up by the qualified MBA in the financial sector. The job opportunities are many and professionals with these skills are always required in small or large businesses to deal with the management of resources in an efficient way. It is certainly a worthwhile degree for anyone wishing to pursue a banking career.
If you don't find what you want on this page, you can try searching here using MBA in banking as your search term.
Browse the schools below - and remember to request information and compare the admission requirements and course content of several schools before you choose a program.
This week's featured online schools are:
This week's featured program is:
This week's featured on-campus schools are:
Wanjira Kinuthia, Georgia State University
Stewart Marshall, The University of the West Indies
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