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Why do MBA in Finance?

Updated: 10/10/2023
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Wiki User

10y ago

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Because Economics studies the way the world works as human society decides the priorities of its wants and needs. It is a huge subject covering Natural Resources and land, all of the contributions of humans, the contributions of investors and the different contributions of the humans. etc

Here are some other reasons:

  • Anything you study makes you smarter
  • Economics teaches you how to manage your money better
  • Economics teaches you how to understand the difference between what you want and what you really need
  • Economics teaches you how to know what is needed and wanted, so you can create or produce things that will sell
  • Economics teaches you how societies work together to provide needed and wanted goods
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10y ago
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14y ago

The following was written by Wharton College Pennsylvania. This should help.

Why an MBA

The MBA is not an end in itself, but a means to an end. It is a degree designed to give you the ability to develop your career to its fullest potential, at an accelerated pace. What will you get out of an MBA? Aside from a powerful life experience, the MBA degree should supply three main value propositions: Skills, Networks, and Brand.

Skills

These include the "hard skills" of economics, finance, marketing, operations, management, and accounting, as well as the "soft skills " of leadership, teamwork, ethics, and communication that are so critical for effective management. MBA students acquire these skills inside and outside the classroom. Since MBA programs attract people from very diverse industries and cultures, a program should be able to leverage these differences and translate them into learning opportunities.

Networks

An MBA degree program offers access to a network of MBA students, alumni, faculty, and business and community leaders. This network can be very useful when beginning a job search, developing a career path, building business relationships in your current career, or pursuing expertise outside your current field. For example, entrepreneurs need access to capital, business partners, vendors, and clients. Arts-related businesses need access to funding and strategic management in order to position themselves to be relevant in the marketplace. Global businesses need access to local business cultures as they expand their enterprises to new territories.

Brand

The MBA degree is a recognized brand that signifies management and leadership training. The particular school and type of MBA program you attend also have brand associations that can help open doors based on the school's reputation. The strength of a school's brand is based on the program's history, its ability to provide students with technical skills and opportunities for personal growth, and the reach of its alumni and industry network. A powerful brand can give you the flexibility to make changes throughout your career.

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13y ago

You need a finace department so you are able to control the money coming in and out of the business. Without the finance functional area then the business will not know there cash inflows, cash outflows and their capital (Revenue) =) x

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12y ago

As a BBA student , Finance is first of all taken as per the interest of the student. Next comes the benefit of choosing it as specialization. Even I chose Finance as specialization in BBA from MGU . Having finance as option makes one knowledgeable about working of assets in the company, makes you aware of the major accounting terms and even let you groom on the technicalities of measuring company's grwoth chart in terms of valuation of it's assets and capital as well as portfolio. Apart from that , a finance person is given good salary than other specialization and that person is able to manage personal funds and investments too!

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14y ago

The following was written by Wharton College Pennsylvania. This should help.

Why an MBA

The MBA is not an end in itself, but a means to an end. It is a degree designed to give you the ability to develop your career to its fullest potential, at an accelerated pace. What will you get out of an MBA? Aside from a powerful life experience, the MBA degree should supply three main value propositions: Skills, Networks, and Brand.

Skills

These include the "hard skills" of economics, finance, marketing, operations, management, and accounting, as well as the "soft skills " of leadership, teamwork, ethics, and communication that are so critical for effective management. MBA students acquire these skills inside and outside the classroom. Since MBA programs attract people from very diverse industries and cultures, a program should be able to leverage these differences and translate them into learning opportunities.

Networks

An MBA degree program offers access to a network of MBA students, alumni, faculty, and business and community leaders. This network can be very useful when beginning a job search, developing a career path, building business relationships in your current career, or pursuing expertise outside your current field. For example, entrepreneurs need access to capital, business partners, vendors, and clients. Arts-related businesses need access to funding and strategic management in order to position themselves to be relevant in the marketplace. Global businesses need access to local business cultures as they expand their enterprises to new territories.

Brand

The MBA degree is a recognized brand that signifies management and leadership training. The particular school and type of MBA program you attend also have brand associations that can help open doors based on the school's reputation. The strength of a school's brand is based on the program's history, its ability to provide students with technical skills and opportunities for personal growth, and the reach of its alumni and industry network. A powerful brand can give you the flexibility to make changes throughout your career.

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DR NAVEEN PRASADULA

Lvl 5
3y ago

Finance is one of the eminent subjects for providing students with both amazing graduate job opportunities and high earning potential. If you want to study finance, there is a wide range of careers you can choose after completing and getting the finance degree, with finance graduates sought-after for roles in investment banking, accountancy firms, management consultancy, insurance companies, public sector and other fields.

9 Reasons to Study Finance Degree

If you want an outstanding mastery of money, pursuing a degree in Accounting and Finance from a reputable college could be one of the best ways to acquire it. Finance is a field blooming with rewarding career opportunities and great earning potentials in a wide range of sectors. Over time, this field has seen significant growth regardless of the recent economic downturn that is why it is a little more fail-safe and secure than other fields. There are certainly more than below-mentioned reasons why studying Accounting and Finance is a smart option for potential students, but we have listed down the most important reasons why choose a Finance Degree—

Narrow Focus: If you are planning to make your career in the business field, you get many degrees programme options, like accounting, business, marketing or management. One of the reasons to choose the Finance Degree is because of its extra narrow focus, but it still enables finance graduates to explore a field that is full of job opportunities. This degree lets you work with decision makers of outside organizations such as— government agencies, banks, businesses, suppliers, stockholders, and more. Being able to differentiate yourself with a degree in finance will help you when looking for jobs, especially from a huge number of business majors. Since Finance Degree is quite hard to achieve, it is certain to help you stand out of the crowd.

Personality Driven: Anyone can do accounting or get a business degree, but to make a career in finance you must be inquisitive and outgoing. While you have to be extremely good in mathematics at the same time you must have outstanding communication skills and ability to engage in conversations on a variety of subjects.

Become a Better Investor: Pursuing a finance qualification will help you become a better investor. If you are new in investing world, you will learn about the importance of right investment. You will understand when the right time is and what you need to make a good, profitable investment. During the course, you will study investment-related topics that will give you in-depth knowledge and understanding about investing.

Problem Solver: If you are not the problem-solving type of person, you will become one by pursuing this degree. As a finance professional, you will cope with problem-solving matters on a daily basis— from negotiating a great deal to deciding the best finance solution.

Career Opportunities: A finance degree will equip you for a wide range of career opportunities— all sectors that will value financial knowledge.

Financially Rewarding Career: Graduates equipped with an accounting and finance degree can pick from various careers options. Apart from having so many job opportunities, the jobs that present themselves to you will also be very much satisfying from a salary perspective.

Networking Potential: As a windfall for almost any degree programme, networking potential on a finance degree from a recognized college is principally helpful, offering you connections that will let you go ahead in today’s business world and get access to financial information and advice beyond your own field of proficiency.

A Real Understanding of the Way How Money Works: If you want to do a proper planning of your budget, saving money and building assets, there can be no better way than getting a sound foundation in the skills required than through a proper education in finance.

Real-Life Application: Finance degree usually needs a highly hands-on approach, meaning we ensure our students learn by doing. Student benefit from real-life potentials to handle business accounts.

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12y ago

It helps to understand business.

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10y ago

to bulid up business skill

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