MBA in Finance Online Master of Business Administration Program

With an MBA in Finance, your career options are truly limitless. You can combine your business acumen with your financial expertise to serve in any number of business roles in private business, government or nonprofits.

According to the U.S. Bureau of Labor Statistics, about 911,400 openings are project each year (on average) for business and financial occupations through 2032.¹

Some career opportunities with a finance MBA are:

• Investment banker. In this role, you may help clients raise funds to finance various activities, play a key role in helping to develop businesses or provide financial advice to clients on how to raise necessary capital to fund their own interests. This role requires financial savvy as well as strong communication skills.
• Management consultant. This is a dynamic role with many opportunities to serve businesses of all sizes. Your role may be to solve complex financial problems or identify financial strengths and weaknesses of a business. Problem solving and analytical skills are key for success in this role.
• Accountant or auditor. In this role, you'd be the expert who ensures financial compliance for your organization. You may compute any owed taxes and prepare tax returns, or make recommendations for best practices to manage the financial health of your organization overall.
• Chief executive officer. While most corporations have a chief financial officer dedicated to overseeing financial matters, it’s important for the CEO to have a clear understanding of the implications for different decisions. The person in this role also needs to be prepared to speak to the company’s overall financial position, which is where the MBA in Finance can come in handy.
• Small business owner. Every decision a small business owner makes impacts finances. And, as a small business, they typically can’t afford to hire someone dedicated to financial management. The breadth of skills gained in the MBA program provides an excellent foundation to own or manage a small business.

We strongly recommend considering an online MBA in Finance. You'll be able to take courses at your own convenience, with 24/7 access to all course material. Faculty are professionals in the field, bringing their expertise into the classroom to offer top-notch instruction.

If you already have a bachelor’s degree in a business-related field from an accredited school, you may be able to waive the foundation requirements for the online MBA in Finance. If your bachelor’s degree is in a non-business-related field, you may have to complete up to 2 foundational courses to ensure you are best prepared to succeed. No GRE or GMAT scores are required at SNHU.

Our team of admission counselors can also discuss with you any credits you have received previously from other institutions and give you a credit assessment to see if there is an opportunity for transfer. (At SNHU, you can transfer up to 6 credits toward your MBA program from previously attended institutions.)

Our student support services team members are ready to assist you throughout your time with SNHU, from admission and advising, to our career team and our alumni network for continued networking.

Because there are so many directions in which you can take your career with an MBA in Finance, there is a wide range of what you can earn with this degree.

According to the U.S. Bureau of Labor Statistics, job prospects for business and financial occupations look bright. About 911,400 openings are projected each year, on average, in these professions through 2032.¹

In terms of salary, the median annual wage for business and financial occupations was $79,050 in 2023.¹ More specifically, financial analysts earned a median annual wage of $99,890 that same year, while financial managers earned a median annual wage of $156,100.¹

The earning potential is great, but so is the competition. The better prepared you are with a credential like an MBA in Finance, the more you can stand out in a tough job market.

While both an MBA in Finance and a master’s in finance can lead to a rewarding career, there are some key differences between the two. Most notably, an MS in Finance is focused on exactly that: finance. An MBA in Finance, on the other hand, has a business foundation with a 3-course finance emphasis. The MBA can be seen as more versatile if you are open to a wide variety of careers.

“The master’s in finance is excellent preparation for a finance-specific career, while the MBA in Finance is good for a variety of business careers,” said Kristin Regis, senior associate dean of business programs for Southern New Hampshire University (SNHU). “The MBA offers a broader range of skills that will make it easy to switch tracks if you decide you’d rather not focus on finance. The MBA also has the added benefit of preparing you for management positions.”

At SNHU, our online MBA in Finance offers a solid business foundation with a comprehensive understanding of business-related finance. You can graduate with this degree ready to excel as a high-level business executive in a variety of professional fields. You can also be prepared to view an organization holistically from a well-informed, business-related vision.

If you have a mind for business and an eye for numbers, a finance MBA could be right for you. This degree is an extremely marketable credential because it offers you training in a sought-after skill set that combines business principles with the finer points of finance.

With an MBA in Finance, you could apply your project management, portfolio management and overall financial acumen to work in career fields such as:

• Banking: You may choose to work in banking management and financial institutional operations.
• Corporate finance: Your degree could lead to a career in any number of organizations, from large to small corporations to government entities or nonprofits. In any of these organizations, you may analyze financial statements or corporate investments, lead portfolio management or make recommendations with regards to global investment opportunities.
• Supply chain management: An MBA in Finance degree does more than prepare you to run a business. It helps facilitate and improve the day-to-day function of an organization. And, it can help you develop long-term, fiscally viable strategies to help your organization stay operational in the face of unforeseen economic changes.
• Information technology: An MBA shows that you have the training needed to speak the language of business in a variety of professional settings. Your degree can stand for the fact that you have received training in leadership, operations management, marketing and business ethics with an emphasis in financial literacy. These are beneficial qualities to any business including IT, where innovation often leads the way. Developing business plans that align to a company's strategic goals and innovation tactics is essential in IT and many other industries.
• Education: Perhaps you wish to teach at college level. An MBA in Finance could lead to opportunities to give back. Engaging with your community through teaching courses to students in business and finance, you can bring real-world experience in the industry into the classroom. You may also wish to build on your MBA with a doctorate in business or finance and teach at the university level as well.