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Why This Matters

  • FINANCE AND BUSINESS JOBS ARE INCREASING BY 7%

    The general employment outlook for financial and business professionals is strong, with growth forecasted for financial analysts, personal financial advisers, loan officers, real estate appraisers, and other related occupations.

  • AN ADDITIONAL 123,100 FINANCIAL MANAGERS ARE NEEDED

    Financial manager jobs are forecast to increase by 17%, which is much faster than average. Many of these positions will be filled by candidates who have master’s degrees, specifically MBAs.

  • EARN $10,000+ MORE PER YEAR WITH A MASTER’S DEGREE

    People who have master’s degrees earn an average salary of $79,000 a year, while those with bachelor’s degrees bring in about $67,000 annually.

Our Research

This list features some of the best MBA in finance degree programs at top colleges across the country. Each school featured is a nonprofit, accredited institution — either public or private — with a high standard of academic quality for post-secondary institutions. The programs on our list are accredited by agencies including The Association to Advance Collegiate Schools of Business (AACSB) and the Accreditation Council for Business Schools and Programs (ACBSP), both reputable organizations who assess business programs for educational excellence and a commitment to quality education.

We evaluated each school’s program on tuition costs, admission, retention and graduation rates, faculty, and reputation as well as the student resources provided for on-campus students. Then we calculated the Intelligent Score on a scale of 0 to 100. Read more about our ranking methodology.

Next, we compared this comprehensive list of MBA in finance degree programs to a list of aggregated college rankings from reputable publications like the U.S. News & World Report among others to simplify a student’s college search. We pored through these rankings so students don’t have to.

The Top 50 MBA in Finance Degree Programs

Best MBA in Finance Degree Programs 2023
01
Intelligent Pick
University of Pennsylvania Wharton Finance
01
Best Faculty
New York University Stern School of Business
01
Best Real-World Experience
Columbia University
01
Most Innovative
Stanford University
01
Best Public University
University of California Berkeley Haas School of Business
01
Best in the Midwest
University of Michigan Stephen M. Ross School of Business
01
Most Customizable
UCLA Anderson School of Management
01
Best in the South
Duke Fuqua School of Business
01
Best Jesuit University
Fordham University
01
Best Alumni Network
Boston College
01

Carnegie Mellon University
01

Cornell SC Johnson College of Business
01

Creighton University
01

Dartmouth College
01

Fairfield University
01

Indiana University Kelley School of Business
01

Marquette University
01

Northwestern Kellogg School of Management
01

The Ohio State University Fisher College of Business
01

Santa Clara University
01

Seattle University
01

University of Virginia Darden School of Business

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What You Should Know About This Degree

An MBA in finance is similar to a master’s in finance and a master’s in accounting, but there are important differences that set the MBA in finance apart. A master’s in finance focuses on financial principles, but it doesn’t cover the business principles that are incorporated into an MBA. A master’s in accounting specializes in accounting rather than finance, and it’s the gateway to licensure as a certified public accountant (CPA). All of these degrees have their use, but an MBA in finance is the most extensive of these degrees and can set you up well for working in finance.

When you graduate with an MBA in finance, many employers will ask about your academic qualifications and industry experience. If you don’t already work in finance, look for a program that includes an internship so you have some relevant experience when you apply for your first job in the industry.

If you’re looking at online degree programs, understand the in-person requirements. Some might have internship requirements, and some may also have short on-campus sessions. You’ll want a program that accommodates your schedule and budget.

What’s Next?

Take these questions into consideration when looking at MBA in finance programs:

  • Am I eligible for this program? The majority of MBA programs require incoming students to have an undergraduate degree or equivalent professional experience in business. If you don’t meet a program’s requirements, you may be asked to complete prerequisite courses before enrolling.
  • How long does it take to earn this online degree? Most MBA in finance degrees require one to two years of full-time study to complete, regardless of whether the program is taken online or on campus. Going part-time may extend the program length to three years or more.

Once you’ve determined which programs fit your needs, research the admission requirements and application deadline of each one. This information can be obtained from programs’ web pages or by directly contacting admissions departments.

Paying for your MBA in finance degree is another important consideration. To learn about available funding, ask programs about their financial aid and scholarship opportunities. If you work in business already, your employer might offer tuition reimbursement.


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