You’re ready for the next step.
You’ve proven your acumen, your dedication and your leadership.
You might be paying attention to opportunities – both those in your current business and those that could help surge your career forward. You’ve put in the time and showcased what you can do, and you’re waiting for that moment.
What could be that boost of power you’re seeking?
A Master’s in Business Administration degree, and better yet, one less general and more specific: an MBA in Finance online.
Many companies look to hire those with an MBA into middle and upper management, as well as executive roles. According to the annual Corporate Recruiters Survey conducted by the Graduate Management Admissions Council, 91 percent of recruiters last year planned to hire MBA graduates into their firms.
These roles are found in every type of industry – every company is in need of executive leadership, those who can guide strategic direction, and those who can provide serious insight and guidance into the future state of a business. Graduates of an MBA finance online program from Concordia University Chicago are particularly equipped to do so.
A finance MBA online can also open doors to finance-related roles that may be more technical, such as financial analyst, investment banker, financial advisor, controller or portfolio manager. The business knowledge earned from an MBA combined with the detailed technical financial analysis skills from a finance concentration can help you be a much more competitive candidate for promotions or new jobs. Executive roles such as chief financial officer, vice president of finance, or director of financial services can also be options for those completing a finance MBA online.
An MBA in finance online can lead to top-tier salaries, some of the highest of any MBA online program. A CFO can command a salary between $150,000 and $200,000, depending on the geographic area of the job. A finance manager can draw more than $100,000 in salary.
In fact, those with an MBA report earning salaries about $20,000 higher on average than those without such a degree.
Moving Up in Finance
If you’re in a financial company – accounting, banking, financial consulting, wealth management and more – the requisite to get from a mid-level career to a higher echelon of responsibility is often a specialty degree. An MBA in finance online can help broaden your skills and understanding of business strategy so you keep moving up the ladder. You will bring technical skills in analysis, financial management and very detailed data work, as well as advanced business skills to the table.
Moving Into a Financial Role
A finance MBA online doesn’t have to be only for CPAs or those who have undergrad degrees in finance and have been working in that sector already. Maybe you work in operations but want to expand your skill set. Maybe you know there is a need for leadership in the financial department of your business. Maybe you enjoy digging deep into financial details but never pursued it as a full-time role. An MBA in Finance can demonstrate your commitment and your expertise to move in this direction in dozens of industries.
Earning an MBA in Finance online can help you move into leadership positions in any industry and even work internationally! Earning an online MBA shows the diversity of skills you can bring to the role: time and project management to manage your online coursework, interpersonal skills to interact with your cohorts and professors and leadership skills to solve complex business problems you encounter throughout the degree program.
Through the courses in a finance MBA online, you’ll work through best practices in many technical business areas: budgeting, economics, investment banking, compliance, and budgeting. You’ll learn to make decisions based on data as well as apply emotional intelligence to help manage the people of a business. Classes from an online MBA can help you lead processes, direct a team, create and manage budgets, and understand how the many moving parts achieve financial results.
It may sound like an MBA in Finance online opens every door imaginable, and it comes close! For those looking to catapult their career forward, gain responsibility and leadership roles, increase their salary, and bring their career to its highest level yet, this is an option worth exploring.
The online MBA programs at Concordia University Chicago are flexible, easy to navigate and offer reasonable costs with an excellent education. You can find out more by visiting our program page or by getting in touch with our admissions counselor at (708)340-7664 or by emailing online.info@CUChicago.edu.