Each year, many students are interested in studying an MBA in Finance. And why not? Strictly in terms of salaries, there are very few job paths that are more lucrative than a post-MBA career in finance or financial services Jobs can be found in the financial services firms (such as J.P Morgan), as well as in credit unions and banks.
An MBA in Finance can address specific issues related to these career paths. A Finance MBA’s program typical curriculum may include classes in macroeconomics, corporate finance, global economics, financial markets, and derivates, for example.
It’s worth noting that those who are interested in pursuing a career in finance after their MBA may not need to specialize in the topic, as most accredited MBA programs will cover finance topics in their core curriculums. However those who are looking to transition into the financial services career after their MBA often consider studying in financial hubs, such as New York, London, or Hong Kong.
Post-MBA positions in financial services can include everything from a risk management specialist to a financial analyst or even an asset manager. For students interested in this area of business, many business schools offer MBAs in Finance, as well as in related fields like Accounting and FinTech.
For a more analytic understanding of finance, some business schools also offer one- or two-year Master of Finance programs.
See below for the top 10 MBA programs for Finance or Financial Services.
The “Finance and Economics Division” is by far Columbia Business School's largest division, and offers almost half of all the courses at the school. Columbia's proximity to Wall Street means that students don't have to go far to network with financial executives. Of the MBA class of 2018, over 32 percent of students went into roles in the financial services industry (including investment banking, hedge funds, private equity firms, and other parts of the industry). The school also offers a five-month online certificate in Corporate Finance.View School Profile
In any particular year, up to 40 percent of MBA graduates go into the financial industry. Finance-minded students can choose to pursue Booth's long-standing Finance concentration, or drill deeper into the theories with a unique specialization in “Analytic Finance.” Booth’s Fama-Miller Center produces a range of research in financial topics.View School Profile
Where some MBA programs offer a single concentration in finance, NYU Stern offers six, including a specialization in Financial Technology—“FinTech”—that was launched in 2016. Students regularly go on to land finance jobs with the Federal Reserve Bank and Nomura Securities, as well as into a wide range of corporate finance roles. Almost 34 percent of the class of 2018 went into careers in financial services, in industries like investment banking and private equity.View School Profile
Of Wharton's MBA class of 2018, almost 37 percent of graduates went into financial services companies, including large firms like J.P. Morgan, Credit Suisse, and Goldman Sachs. MBA students can choose to pursue the school's popular concentration in Finance and build a network through its Finance Club.View School Profile
Each year, at least one-third of Ivey MBAs go into the financial services sector. Many end up in some of Canada’s largest banks and asset management firms, including, for example, Scotiabank, TD Bank, and RBC Financial Group.View School Profile
A Tube ride away from the London Stock Exchange, London Business School is at the heart of one of the world's most active financial centers. The school offers a robust range of finance electives, including classes in derivatives and hedge funds. Over one-quarter of 2018 LBS MBAs went into finance-related industries. Goldman Sachs and citi are among the school’s top recruiters.View School Profile
The past couple decades have seen a gradual opening-up of the Chinese financial system, and this coupled with unbridled economic growth has encouraged the development of a strong financial industry. Guanghua, with its Beijing location and some specialized curriculum, is in a good position to land grads in this growing field. In recent years, over 35 percent of the Guanghua MBA cohort has gone into the finance sectorView School Profile
The school’s Toronto location puts it in the middle of one of the world’s financial capital. Of the school’s class of 2016, 44 percent of Rotman MBAs went into the financial services industry—the highest percentage of any Canadian business school surveyed by FIND MBA. Rotman MBAs can pursue a range of relevant specializations, including one in “Financial Reporting and Analysis,” and one in “Funds Management."View School Profile
Hong Kong—one of the world’s financial centers—is a great place to do an MBA in Finance. As part of the program, students can also study for four months in other financial centers like New York or London, with partner schools LBS and Columbia. In recent years, over 30 percent of graduating MBAs have gone into the financial services industry, many landing jobs in some of Hong Kong’s biggest financial firms.View School Profile
Over the past two years, Frankfurt has become a destination for some banks and other financial services company fleeing London, amidst the uncertainty of Brexit. This is good news for finance-minded MBAs graduating from the Frankfurt School of Finance & Management, who now may have more job possibilities as a result. Over one-quarter of last year’s MBA cohort from the school one into finance roles.View School Profile
Related MBA News
The 10 Most Popular MBA Specializations
Nov 22, 2018
Students and employers are demanding curriculum changes, but could niche knowledge become obsolete in an era of rapid change?
MBA School Choice: Wharton Vs. Booth
Aug 15, 2018
Both business schools are highly ranked and feature strong placements in the financial services sector. But the culture and career destinations of Wharton and Booth students vary, sometimes widely
How FinTech is Making Its Way Into MBA Programs
Sep 12, 2017
FinTech is disrupting global financial markets in a big way; here’s a look at how MBA programs are turning a focus to the sector.
Shelter from the Storm: Is an MBA a Refuge from the Crisis?
Apr 08, 2010
We asked business school recruiters what the downturn (really) means for applicants.