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 London Mercury 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 London Mercury.
More InformationShould irresponsible hikers be forced to pay for their rescue? This sheriff says yes
Man, woman dead in Denver murder-suicide, police say
Mont. governor vetoes bill providing PTSD workers' comp coverage for first responders
Wanted man challenged deputies to find him then, Fla. cops did just that
Video shows Slidell Police K-9 finding gun used to fire at officers
Massachusetts State Police address public after Karen Read verdict
WASHINGTON, D.C.: As the global weight-loss market explodes, drugmakers are now racing to solve a less visible problem: protecting...
HAYWARD, California: In a significant step toward its commercial debut, Amazon-owned Zoox has unveiled its first factory dedicated...
SAO PAULO, Brazil: Brazil is taking confident steps to restore its dominance in global poultry exports after declaring its commercial...
NEW YORK, New YorK - U.S. stocks closed mixed on Friday, with gains and losses modest, as investors and traders weighed up the escalation...
WASHINGTON, D.C.: Retail sales dropped sharply in May as consumer spending slowed after a strong start to the year, primarily due to...
WASHINGTON, D.C.: Mitsubishi Motors is the latest automaker to raise prices in the United States, joining a growing list of car companies...