MBA in Finance in the USA

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MBA in Finance in the USA

An MBA in finance is highly recommendable as a major as it provides you with the analytic and theoretical tools necessary to master practical issues in central finance. Further, these practical issues are solved with the help of applications to financial management, including financial management in business organisations. This course helps students broaden their experience and perspective to face the competitive world. Further, MBA in finance in the USA  allows students to gain more profound knowledge to pursue the areas of their interest. 

Name of the Course Master of Business Administration in Finance 
Degree Type Postgraduate
Duration  2 years
Entrance Exam GMAT
Eligibility Criteria An undergraduate degree with relevant marks and subjects 
Average Fees 50 lakhs 
Average Salary $81,760
Job Profiles Financial analyst, accountant, investment manager  
Top Recruiters Goldman Sachs and Morgan Stanley

Why Pursue an MBA in Finance in the USA?

There are many benefits to completing an MBA in Finance program at universities in the USA. Before opting for a university, here are some benefits of enrolling in universities in the USA.

Self-Dependent

When you pursue an MBA in Finance program at a University in the US, it is a situation where you are your boss. This career makes you feel self-dependent thus you are more efficient. 

CV Boost

You may get CV-boosting experiences as there are many opportunities provided after the program’s completion. However, many companies prefer students with MBA degrees over others.

Great Placements

There are many placement opportunities after completing an MBA in Finance from the USA. Being one of the highly recommended countries for work, an array of work opportunities are offered after completing an MBA program with lucrative packages. 

Various study areas

There are various study areas that you may opt for in the MBA in Finance program so that you get subjects per your interests. These study areas include finance, marketing, management and much more. 

Subjects and Syllabus

One of the major things to consider while opting for a program is the subjects offered. It helps you understand what the course is all about and what topics are required to study. To help you understand this, here is an overview of the syllabus.

Semester 1 Semester 2
Private Equity Investing Seminar  Microeconomics 
Entrepreneurial finance  Institutional money management 
Investment management  Dept markets 
International Finance  Financial restructuring 
Semester 3 Semester 4
Financial trading strategies  China’s financial system 
Private wealth management  Entrepreneurial finance 
Corporate financial modelling  Angel and venture capital financing for entrepreneurs and investors 
Personal Investing  Private Equity 

Eligibility Requirements 

To pursue an MBA in finance USA university, you are required to qualify for the eligibility requirements. 

  • You are required to hold an undergraduate degree with finance majors or equivalent to a US degree. 
  • It is not mandatory to hold a two-year master’s degree followed by a three-year bachelor’s degree. However, you may have one. 
  • If you have an undergraduate or postgraduate degree from a recognised university or college in English, then you are exempt from taking English Language Proficiency tests. 

Also Read: MS in Finance in USA

Documents Required 

There are a set of documents you need to submit as a part of the application process to get yourself admitted into the institution. The list of documents required for admission to universities in the USA  is 

Score Requirements 

You must also submit language proficiency test scores in case your first language is not English. The score requirements to get enrolled in universities in the USA  are 

Language Proficiency Tests,  Average Score Required 
IELTS  7 bands 
TOEFL 100
PTE 68

Top Universities in the USA 

There are an array of universities in the USA  that have achieved various remarkable rankings over the years, and excellence in education as well as teaching. Some of the top universities in the USA  are as follows.

Name of the University Name of the Course Average Fees in INR  
Stanford University MBA in Finance  80.4 lakhs 
New York University MBA in Finance  82.45 lakhs 
Pace University MBA in Corporate Finance  59.5 lakhs 
University of California–Los Angeles MBA in Corporate Finance  79.5 lakhs 
New York Institute the Technology MBA in Finance  25.8 lakhs 
The University of Pennsylvania  MBA in Finance 85.6 lakhs 
Cornell University MBA Corporate Finance  71.7 lakhs 
Northwestern University MBA in Finance  82.4 lakhs 
the University of Pittsburgh MBA in finance  52.6 lakhs 
Stony Brook University MBA in Finance  34.8 lakhs 

Career Prospects 

There are an array of job opportunities after completion of an MBA in Finance degree in any field at big organisations with high packages. Some popular job opportunities are 

Job Profiles  Average Salary in USD
Financial Manager $121,750 ( INR 98 cr)
Financial Analyst $81,760 ( INR 65 cr) 
Personal Financial Advisor $90,530 ( INR 72 cr)
Actuary $100,610 ( INR 81 cr) 
Securities, Commodities and Financial Services Sales Agents $67,310 ( INR 54 cr) 

Top Recruiters

There is an array of top recruiters that recruit candidates after completion of their MBA program and offer them a great position with lucrative packages. Some of the top recruiters are 

  • Goldman Sachs
  • Boston Consulting
  • Bai & Company
  • Morgan Stanley. 
  • JP Morgan Chase & Co.

Must Read: Finance Courses at Quinnipiac University

FAQs 

Which college is best for MBA in finance US?

Here are the top 3 colleges that are considered the best for an MBA in finance: The University of Chicago, The University of Pennsylvania, and New York University

Which MBA is best for finance?

As per QS MBA specialization rankings 2019, the Wharton School in Philadelphia is considered the best school for MBA in finance.

What is the cost of an MBA in the US?

If you are planning to pursue MBA in finance degree abroad, then the average cost of a full-time MBA degree in the USA is $60,000 per year.

If you want to pursue a career in Finance, you’ll need a strong portfolio and background. A degree in MBA in finance will provide you with exactly that, but with a more refined, global perspective, allowing you to apply for jobs in any country on the planet. To secure admission to the top universities in the US, contact Leverage Edu today.

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