7Newswire
24 Oct 2023, 09:30 GMT+10
The financial sector is one of the most profitable and competitive industries in the global economy. To this date, financial services companies are among the most profitable companies and have developed a strong hold over the corporate market.
The consistent growth of the finance industry and exciting career prospects are among the main reasons why many students pursue an MBA in finance. This advanced degree provides a deep understanding of financial concepts and how to make a business more profitable and sustainable. The in-depth knowledge and skills you acquire during this degree program prepare you for a stellar career in financial companies and businesses.
No matter how saturated the job market is, an MBA in finance empowers you to choose from a wide range of high-paying and rewarding careers. In this article, we'll explore some of the most lucrative fields in business finance that you can choose after completing your MBA in finance.
A master's in business administration (MBA) is one of the most preferred degree programs around the world, and for a good reason! This degree program provides a comprehensive knowledge of the corporate world, the global economic sphere, as well as each area of a business. It not only prepares you for managerial and leadership roles in organizations but also teaches you how to start, manage, and expand your own business.
Apart from the fundamental understanding of business, you can gain expert knowledge of specific spheres of business by choosing your area of concentration. Here are some of the most sought-after MBA degrees:
If you're planning to pursue an MBA in finance or graduating soon, here are some lucrative career paths you can choose:
Finance constitutes the very foundation of any organization or business, regardless of its size and industry. Investments, revenues, and consistent income streams are like oxygen for an organization, and its success depends heavily on efficient money management and meticulous financial planning.
Corporate finance professionals manage all financial activities of a business. These activities include:
Financial consultants essentially work with a consultancy firm and provide expert financial advice to both businesses and individuals. Businesses often outsource financial consultants to analyze their financial health, assess the feasibility of various expansion projects, and help them make financial decisions.
Invest banking is perhaps a dream career choice for many MBA finance students, the reason being a high-profile job, steady career progression, and a handsome salary package.
Global taxation is an extremely complex process. Multinational companies and international organizations are in dire need of competent financial experts who can handle tax-related issues related to international transactions and cross-border business. This is why companies offer attractive salary packages to global taxation consultants, along with bonuses and opportunities for career growth. MBA graduates with a concentration in finance are ideal candidates for a global taxation consultant.
Get a daily dose of Austin Globe news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Austin Globe.
More InformationWASHINGTON, D.C.: Filmmaker Peter Jackson's lifelong fascination with the extinct giant New Zealand flightless bird called the moa...
NEW DELHI, India: India has submitted a revised proposal to the World Trade Organization (WTO) in Geneva to implement retaliatory tariffs...
SAN FRANCISCO, California: Nvidia, the Silicon Valley chipmaker at the heart of the artificial intelligence boom, this week briefly...
REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...
WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...
BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...
ATLANTA, Georgia: The United States is facing its worst measles outbreak in more than three decades, with 1,288 confirmed cases so...
WASHINGTON, D.C.: After months of warnings from former federal officials and weather experts, the deadly flash floods that struck the...
WASHINGTON, D.C.: Elon Musk's entry into the political arena is drawing pushback from top U.S. officials and investors, as his decision...
(Photo credit: Gary A. Vasquez-Imagn Images) Denis Bouanga earned a penalty, scored from the spot and assisted on a goal, all in...
(Photo credit: Dustin Safranek-Imagn Images) Missed opportunities were plentiful and both goaltenders had the highlight plays as...
(Photo credit: Thomas Shea-Imagn Images) Zack Short hit an opposite-field, walk-off single in the 11th inning, and the Houston Astros...