MBA in France – What You Need To Know
MBA In France – What You Should Know
The wise ones have said:
Money cannot buy happiness.
But what about food, rent, and internet?
Let’s face it, money matters… a lot.
And matters related to money need experts
who understand how money matters.
An MBA in Finance trains you to become a financial
wizard.
It is one of the most competitive, lucrative
and in-demand MBA specializations among recruiters.
Finance and Accounting consistently show up
among the top in the recruitment charts for
industries looking to hire MBA grads.
With international salaries going beyond $100,000
it is undoubtedbly just as much popular among
MBA applicants as well.
Are you looking to be one of them? Then stay
tuned to find out what kind of skills, requirements,
and magic you need to have to become MBA’s
most wanted!
In this video we’ll cover the
Eligibility and skills required for an MBA
in Finance
Common MBA interview questions such as ‘Why
MBA in Finance’
The syllabus and courses
Best MBA in Finance programs in the world
Life and Career after a Finance MBA
So hang on tight!
What are the eligibility requirements and skills for an MBA in Finance?
The basic requirements for an MBA degree,
whether it’s Finance or any other major,
is essentially the same.
You will have to have your ducks in a row.
GMAT or GRE score
GPA
Work Experience
Essays
Resume
And Recommendations
However, the subtle difference that sets Finance
guys apart is their keenness on all things
math.
Sharp quantitative and analytical skills are
a must to survive and make sense of a future
career which primarily deals in numbers.
Typical folks who frequent finance major classes
have one of the following on their resume.
An Economics/Mathematics/or Commerce degree
or some quantitative background
A well-known quant certification such as the
CFA
Work experience in finance or accounting
A strong GMAT or GRE quantitative score
If you don’t have these and yet can justify
strong analytical skills through your work
experience, you might still be able to have
an MBA in Finance on the cards.
After you qualify and reach the interview
selection process, you’ll need to prepare
for one the most common, yet profound, questions
admission officers are bound to ask – Why MBA.
Only in this case, they are probably going
to fixate in particular, on your decision
for an MBA in Finance, as against any other
Finance degree, such as the Master’s in
Finance program or MFin.
So the preparation for this question needs
to be two-fold
Why MBA
and
Why MBA in Finance
Steer away from citing career gains like salary
as the only reason for your choice.
If your source of happiness is linked to owning
a BMW or a private island, who are they to
judge, right?
But expensive material possessions aside,
you also need to think about what draws you to the
quantitative and analytical challenges posed
by the field.
Think about how ‘finance’ itself is an integral
part of any organization and doesn’t exist
in a silo by itself.
Think about how you can prepare yourself to
be versatile and worthwhile enough, having
this degree to back you, to join virtually
any sector if you so desire.
And why MBA and not any other Master’s?
For the answer to this question, try combining
the skills any MBA program gives you – hands
on practical exposure as compared to just
theoretical training in communication, management,
strategy, and all those qualities that the
corporate world thrives on – on top of the
financial courses.
What do they teach in a Finance MBA? Let’s
look at the syllabus and subjects.
The aim of an MBA in Finance program is to
develop the analytical foundation and tools,
using techniques of economic analysis, mathematics,
and statistics.
The typical courses would involve:
Corporate Finance
Macroeconomics
Financial Derivatives
International Financial Markets
Other popular courses would include the following:
Let’s talk about the life and career after
an MBA in Finance.
Graduates with an MBA in finance find positions
that cover both financial institutions like
investment banks, brokerage firms, commercial
banks and non-financial institutions such
as consulting firms and not-for-profit entities.
Typical job roles include financial manager,
financial analyst, risk analyst, insurance
manager and credit analyst.
According to the recent survey, Finance is
one of the top specializations in demand by
employers worldwide.
The financial services sector is also one
of the highest paying industries averaging
at around $120,000.
JP Morgan Chase, Citibank, Morgan Stanley
are among the highest paying employers in
this field.
While career boost is a plus-point after an
MBA in Finance, your personal life on the
other hand, can be harsh if you opt for the
more lucrative investment banking roles.
A study showed that investment bankers and
other employees working in a top bulge-bracket
investment bank worked for almost 90-hours
per week.
That’s more than twice the amount of time
that you would spend in any other industry.
In contrast, relatively comfortable hours
are logged in by Private Equity and other
financial service professionals.
Overall though, MBA grads, including finance
folks, report a happy outcome in their future
career as well as personal well-being.
Apart from raising their financial situation,
Finance MBAs are also trained to have skills
that are highly versatile in various other
industries as well.
Their analytical and quantitative powers are
valued by employers, and that opens up a world
of opportunities, if they choose to move on.
Let’s look at the best full-time MBA in
Finance programs in the world, along with
the program duration and tuition cost.
Starting off with the best MBA in Finance
programs in USA
Here’s a list of the top MBA in Finance
programs in Canada
Next up we have some of the best finance MBA
programs in Germany
Here are some of the best MBA in Finance programs
in India
Some more finance MBA options in the UK
Here’s what you’ll find in Singapore.
And finally, the top MBA in finance programs
in Australia.
An MBA in Finance has been and will remain
one of the most sought-after specializations.
In the description below, we’ll share the
stories of applicants who’ve got into the
top MBA and Masters programs in finance. You’ll
get many more insights from them.
If you possess the right prerequisite background
and skills, as well as the inclination to
pursue a finance major, MBA Crystal Ball can
help you get into the best MBA programs in the world.
Send us an email if you’d like professional help.
All the best to you!