Why This Matters

  • BUSINESS AND FINANCE JOBS INCREASING 10%

    The overall job outlook for business and financial-related occupations is positive, with growth predicted for real estate appraisers, financial analysts, personal financial advisors, and loan officers.

  • 108,600 MORE MANAGEMENT JOBS ANTICIPATED

    According to the Bureau of Labor Statistics, financial manager positions are increasing by 19%, much faster than the average for all jobs. Candidates with experience and a master’s degree typically fill these leadership roles.

  • EARN $32,000 MORE WITH A MASTER’S DEGREE

    According to Payscale.com, individuals with a master’s degree earn an average salary of $97,000 per year, compared to $65,000 annually with a bachelor’s degree. Some management positions pay over $100,000 a year.

Our Research

A Master of Business Administration (MBA) allows students to concentrate in a specific business-related area while also teaching core entrepreneurial and management skills. This is a popular degree for individuals who want to advance into leadership roles or gain new skills.

The programs on our list are offered by regionally accredited insitutitions, meaning they meet high quality standards, and that the school is eligible for federal financial aid. There are also several agencies, including the Association for the Advancement of Collegiate Schools of Business (AACSB), the Accreditation Council for Business Schools and Programs (ACBSP), and the International Accreditation Council for Business Education (IACBE), that offer specific accreditation for business programs.

We reviewed programs offered in all formats, including on-campus, online, and hybrid programs. We evaluated each program for course strength, cost, flexibility, faculty, and reputation, and calculated their Intelligent Score on a scale of 0 to 100. Our top picks for the best MBA in Finance are respected, customizable, and a good value. (For a more extensive explanation, check out Our Ranking Methodology.)

  • 66 hours to write this article
  • 189 universities and colleges we assessed
  • 401 education programs we compared

The Top 48 MBA in Finance Programs

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What You Should Know About This Degree

An MBA in Finance will teach you the advanced financial skills you need to jumpstart or further your career, as well as more general business, management, and leadership skills. However, it is not the only option when it comes to financial education.

A Master of Science in Finance can also help you achieve your career goals, with focused coursework in financial principles and skills. Master of Science in Finance degrees don’t include the general business and entrepreneurial coursework included in an MBA, and therefore usually take a shorter amount of time to complete. This type of degree is rising in popularity among employers.

Another consideration is whether you are more interested in finance or accounting, which are two closely-related fields. Understanding the differences between the two will help you determine which type of program you want to pursue.

At this point, it’s wise to think about your career goals, and determine which type of degree program will best help you achieve them.

If you are using your MBA to enter the finance field, you may want to consider a program that includes a required or optional internship. There are many benefits to completing an internship, including gaining hands-on experience, and making connections with potential future employers.

What’s Next?

Here are some questions to ask when researching MBA Finance programs:

  • Do I meet the qualifications for this program? Most MBA programs require that students have an undergraduate degree, prior coursework, and/or professional experience in the field. Students who don’t meet all of the eligibility requirements may be able to complete prerequisite coursework prior to enrolling.
  • Is this program offered full- and part-time? MBA programs are traditionally designed for working students, so most of them offer the opportunity to attend part-time through evening, weekend, or online courses. When researching programs, be sure to investigate the time commitments for each program, including when classes are offered, to ensure that they fit into your schedule.

It’s also important to find out the details for application requirements, including deadlines and standardized test scores, such as the GRE, that you may have to submit. This information is usually available on the program’s website, or you can contact the admissions office directly if you have questions.

Financing your MBA is another important consideration. Some employers offer tuition assistance for employees seeking to increase their knowledge and skillset. You should also talk to the program about scholarships and financial aid options.