Professionals in either the finance department of an organization or in the banking and finance sector can add value to their career by enrolling in a Master in Business Administration (MBA). An MBA covers comprehensive management and business curriculum that help broadening its graduates skills and knowledge. A typical MBA program covers areas such as business strategy, leadership, management, human resource, marketing, accounting, entrepreneurship and finance.
Moreover, those who wish to have a broad business skills but still wish to specialized in finance may opt for an MBA majoring in Finance.
Furthermore, those who wish to ONLY have a depth coverage on finance may opt for another popular alternative, Master in Finance or Master of Finance (MF).
Both MBA and MF offer great career potentials for its graduate, yet, choosing which is best suits the potential student depends on the student's career aspiration and desire.
Lets begin by digging deeper into the difference between MBA and MF.
MBA vs Master in Finance - A summary
An MBA in general is designed to equip its graduates with broader skill and knowledge of multiple area of a business. Where as, an MF program is design will skill and knowledge of finance. Yet, a
Finance professionals have a choice of having the best of both world by enrolling in an MBA majoring in Finance.
- Both type of programs are quality program that will help propel the graduates careers.
- An MBA offers a more comprehensive curriculum of multiple aspect of business. It is best for those looking to enter senior and C-Suite positions.
- An MF is best suited for professionals seeking a finance-specific career
- Both program can be completed in one year
So, which is best? It depends on the applicants' career goals. An MBA seeks to help upgrade those in the finance department to higher managerial and C-Suite position. A MF, on the other hand, is great for those seeking to go to higher finance related position.
What is MBA?
As the most well known type of postgraduate study, an MBA may help its graduate climb the corporate ladder. A typical MBA curriculum includes broad coverage of business topics such as strategy, leadership, management, human resource, marketing, accounting, entrepreneurship and finance. It prepares its graduate to work for institution such as multinationals, government linked companies, banks, start-up and established companies is varied industries.
As an MBA student, you may choose a full time or a part time mode. It is difficult for a working adults to leave work for study. Most working adults would opt in the part time mode, yet has a choice to finish in one year. These students take classes after work, in the evenings, or on weekends in an effort to enhance their careers depending on the business school offerings.
What is Master of Finance (MF)?
MF is best for professionals looking to focus specifically postgraduate level finance skills and knowledge. MF curriculum covers finance specific modules such as valuation, investments, financial theory, mathematics, quantitative finance, and financial reporting and analysis.
Younger applicants new to the finance industry may be interested more with MF than MBA. Yet, older applicants with extensive finance experience tend to be interested more with MBA because of the broad curriculum its offer.
While an MBA gives its graduates choices to work in variety of fields, a MF prepares its graduate to enter finance related fields such as investments, stock market, trading or risk management.
For more information on UNIRAZAK MBA majoring in Finance,