Online MBA Finance
Programs

<a href="https://www.onlinemasterscolleges.com/mba-finance-online/">Online MBA Finance Programs</a>

College Name & Address	Tuition	Graduation Rate
#1 Fort Hays State University 600 Park St, Hays, Kansas 67601	$3,582	43%
#2 Southeastern Oklahoma State University 425 W University Blvd, Durant, Oklahoma 74701	$4,716	35%
#3 New Mexico Highlands University 803 University Ave, Las Vegas, New Mexico 87701	$5,112	22%
#4 Missouri State University 901 S National Avenue, Springfield, Missouri 65897	$5,202	78%
#5 The University of Texas Rio Grande Valley 1201 W University Dr, Edinburg, Texas 78539	$5,959	46%
#6 Culver-Stockton College One College Hill, Canton, Missouri 63435	$6,000	52%
#7 Park University 8700 NW River Park Dr, Parkville, Missouri 64152	$6,012	62%
#8 California State University-Stanislaus One University Circle, Turlock, California 95382	$7,176	83%
#9 Charleston Southern University 9200 University Blvd, Charleston, South Carolina 29406	$7,500	65%
#10 University of Kansas Administration Bldg 425, Fayetteville, Arkansas 72701	$7,752	66%
#11 Spring Arbor University 106 E. Main St, Spring Arbor, Michigan 49283	$7,886	78%
#12 University of Houston 212 E. Cullen Building, Houston, Texas 77204	$8.370	61%
#13 Wilmington University 320 Dupont Hwy, New Castle, Delaware 19720	$8,784	21%
#14 Touro University Worldwide 10601 Calle Lee #179, Los Alamitos, California 90720	$9,000	100%
#15 Gardner-Webb University Main St, Boiling Springs, North Carolina 28017	$9,000	56%
#16 North Carolina State University 2101 Hillsborough Street, Raleigh, North Carolina 27695	$9,095	82%
#17 University of North Carolina 103 South Bldg Cb 9100, Chapel Hill, North Carolina 27599	$10,552	91%
#18 Ohio Christian University 1476 Lancaster Pike, Circleville, Ohio 43113	$10,765	32%
#19 University of Florida Tigert Hall, Gainesville, Florida 32611	$10,770	88%
#20 University of Alabama 739 University Blvd, Tuscaloosa, Alabama 35487	$10,780	71%
#21 University of Saint Mary 4100 S 4th St, Leavenworth, Kansas 66048	$11,124	52%
#22 University of Colorado Regent Drive at Broadway, Boulder, Colorado 80309	$11,826	69%
#23 Johnson & Wales University 8 Abbott Park Pl, Providence, RI 02903	$13,734	65%
#24 Regis University 3333 Regis Blvd, Denver, Colorado 80221	$14,441	64%
#25 University of North Dakota 264 Centennial Drive, Stop 8193, Grand Forks, North Dakota 58202 $10,534	$10,534	61%

College Name & Address	Tuition	Graduation Rate
#1 Fort Hays State University 600 Park St, Hays, Kansas 67601	$3,582	43%
#2 Southeastern Oklahoma State University 425 W University Blvd, Durant, Oklahoma 74701-	$4,716	35%
#3 New Mexico Highlands University 803 University Ave, Las Vegas, New Mexico 87701	$5,112	22%
#4 Missouri State University 901 S National Avenue, Springfield, Missouri 65897	$5,202	78%
#5 The University of Texas Rio Grande Valley 1201 W University Dr, Edinburg, Texas 78539	$5,959	46%
#6 Culver-Stockton College One College Hill, Canton, Missouri 63435	$6,000	52%
#7 Park University 8700 NW River Park Dr, Parkville, Missouri 64152	$6,012	62%
#8 California State University-Stanislaus One University Circle, Turlock, California 95382	$7,176	83%
#9 Charleston Southern University 9200 University Blvd, Charleston, South Carolina 29406	$7,500	65%
#10 University of Kansas Administration Bldg 425, Fayetteville, Arkansas 72701	$7,752	66%
#11 Spring Arbor University 106 E. Main St, Spring Arbor, Michigan 49283	$7,886	78%
#12 University of Houston 212 E. Cullen Building, Houston, Texas 77204	$8.370	61%
#13 Wilmington University 320 Dupont Hwy, New Castle, Delaware 19720	$8,784	21%
#14 Touro University Worldwide 10601 Calle Lee #179, Los Alamitos, California 90720	$9,000	100%
#15 Gardner-Webb University Main St, Boiling Springs, North Carolina 28017	$9,000	56%
#16 North Carolina State University 2101 Hillsborough Street, Raleigh, North Carolina 27695	$9,095	82%
#17 University of North Carolina 103 South Bldg Cb 9100, Chapel Hill, North Carolina 27599	$10,552	91%
#18 Ohio Christian University 1476 Lancaster Pike, Circleville, Ohio 43113	$10,765	32%
#19 University of Florida Tigert Hall, Gainesville, Florida 32611	$10,770	88%
#20 University of Alabama 739 University Blvd, Tuscaloosa, Alabama 35487	$10,780	71%
#21 University of Saint Mary 4100 S 4th St, Leavenworth, Kansas 66048	$11,124	52%
#22 University of Colorado Regent Drive at Broadway, Boulder, Colorado 80309	$11,826	69%
#23 Johnson & Wales University 8 Abbott Park Pl, Providence, RI 02903	$13,734	65%
#24 Regis University 3333 Regis Blvd, Denver, Colorado 80221	$14,441	64%
#25 University of North Dakota 264 Centennial Drive, Stop 8193, Grand Forks, North Dakota 58202 $10,534	$10,534	61%

An online MBA in finance combines the traditional MBA curriculum and explores advanced financial concepts, equipping students with strategic financial management skills. Coursework covers areas such as investment analysis, risk management, financial markets, and corporate finance. Students deeply understand financial systems, quantitative analysis, and decision-making. The flexibility of online programs allows professionals to balance studies with work commitments, fostering a comprehensive grasp of financial principles applicable in diverse business settings.

Curriculum for an Online MBA in Finance Program

Skills Gained in an Online MBA in Finance Program

MBA in finance graduates become leaders in the workplace. To function at a high level, graduates learn skills while completing an MBA. Students obtain these skills through lectures, coursework, collaboration, and sometimes internships. Some skills students obtain during an online MBA in finance include: 

• Analytics: Many positions that graduates earn after completing their MBA require significant analysis of data and information. Students develop analytical skills through meticulous practice during courses. 
• Decision Making: Whether leading a team or determining the best positions for a portfolio, MBA in finance graduates must make critical decisions. Class projects and internships help develop decision-making skills. 
• Communication: Finance professionals regularly communicate with clients, coworkers, and other financial professionals. Expect to develop these skills through group projects. 
• Mathematics: While not required for all career outcomes, many finance professionals use mathematics to determine the risk of assets, analyze financial statements, and find effective investment strategies. 
• Attention to Detail: Many financial experts work with reports and complex portfolios. Graduates learn to pay special attention to important documents and decisions, ensuring no mistakes are made.

Degree Types

An online MBA in Finance is designed to provide students with advanced financial management skills, strategic decision-making abilities, and a comprehensive understanding of financial systems. Parallel to a traditional MBA, it covers core business disciplines with a distinct emphasis on financial concepts. Students acquire managerial and financial proficiency, readying them for leadership positions in finance, investment banking, corporate finance, and related fields. Graduates possess the skills to make strategic financial decisions and contribute to organizational success. The program is almost similar to on-campus counterparts but offers the flexibility crucial for working professionals, ensuring a dynamic and applicable learning experience.

<h4>MBA in Finance vs. MS in Finance</h4>

An MBA in Finance combines financial expertise with broader business acumen, emphasizing leadership and strategic decision-making. In contrast, an MS in Finance offers specialized, in-depth knowledge in finance, particularly suitable for those seeking technical proficiency in financial analysis and management. Both paths cater to distinct career goals, with the MBA offering a holistic business perspective and the MS providing specialized financial skills.

Common Specializations for an Online MBA in Finance

Some schools allow students to specialize in their online MBA in finance, leading to niche positions in high-paying industries. Pursuing one of these focuses could lead to a specific job outcome.

Area of Focus	Description	Careers This Concentration Prepares For
Banking and Finance	This specialization explores the complexities of financial institutions, risk management, and investment strategies. This specialized track equips students with the expertise required for roles in banking, financial services, and investment management, providing a comprehensive understanding of the dynamic financial landscape.	Financial managers, Banking managers, and Financial consultants
Corporate Finance	This specialization focuses on financial decision-making within organizations. It covers areas such as capital structure, risk management, and financial strategy, equipping students with the skills needed for key roles in financial management, treasury, and strategic planning within corporate settings.	Financial analysts, Real estate investors, and Financial consultants.
Finance and Accounting	This specialization comprehensively explores financial management, accounting principles, and financial reporting. Students gain dual proficiency, preparing them for financial leadership, auditing, and strategic financial decision-making roles in diverse organizational settings.	Financial analysts, Finance operations directors, and Directors of Accounting
International Finance	This specialization explores global financial systems, exchange rates, and cross-border financial management. Students gain insights into navigating the complexities of international financial markets, preparing for roles requiring expertise in managing finances on a global scale.	Finance managers, Director of Finance, and Investment managers

Accelerated MBA in Finance programs provide a rapid path to advanced financial expertise, catering to professionals seeking swift career growth. Students benefit from shorter timelines, retaining the quality of a traditional program. Researching these programs is crucial, considering accreditation, faculty expertise, and graduation outcomes to ensure alignment with career goals. Choosing the right accelerated MBA ensures a focused, efficient, and impactful educational journey. Here are examples of colleges that offer accelerated MBA in Finance online programs:

Murray State University¹

University of Miami²

Each college and university sets its own online MBA in finance admission requirements. However, most accredited online schools use many of the same criteria, including the following:

• GMAT: Many online MBA programs require applicants to submit GMAT test scores. Created specifically for graduate-level business programs, applicants who submit scores often must earn a minimum score. 
• Bachelor’s Degree: All MBA concentrations cover graduate-level concepts, so applicants must earn a bachelor’s degree before starting the program. While preferred, students are not always required to complete their bachelor’s degree in business. 
• Professional Experience: Some top MBA in finance programs prioritize candidates with 1-2 years of relevant business experience. Regardless of requirements, gaining professional experience enhances the application.
• Letters of Recommendation: Online MBA programs often require applicants to submit 2-3 letters of recommendation. Schools use letters of recommendation to determine whether the applicant is a good fit for the program. 
• Résumé:  Demonstrates academic and professional achievements. Some schools may request to assess one’s qualifications and experiences.
• Statement of Purpose: Communicates applicant’s career objectives, leadership skills, and reasons for pursuing an MBA, highlighting their suitability for the program and contributions to the academic community.
• Official Transcripts: Every online MBA in finance requires applicants to submit official transcripts. If students attended more than one school to complete their bachelor’s degree, they must send in transcripts from each school they attended. 

GMAT, a common requirement for MBA admissions, assesses analytical, quantitative, and verbal skills. Some universities may waive the GMAT requirement based on factors like professional experience, prior academic achievements, or other standardized test scores. Applicants should review specific admission criteria, as policies vary among institutions. Waivers aim to provide flexibility for qualified candidates, recognizing diverse pathways to success in MBA programs.

Accredited Programs

Accredited MBA in Finance programs ensure adherence to quality standards, benefiting students with a rigorous curriculum, experienced faculty, and industry recognition. Accreditation guarantees program credibility, and eligibility for financial aid and enhances graduates’ marketability. Researching and choosing programs accredited by recognized bodies assures students of a valuable and respected education, aligning with industry standards. There are three main accrediting bodies for business programs in the United States:

1. AACSB International (Association to Advance Collegiate Schools of Business)³
2. ACBSP (Accreditation Council for Business Schools and Programs)⁴
3. IACBE (International Accreditation Council for Business Education)⁵

Universities can also be accredited nationally or by one of six regional accrediting agencies:

• New England Commission of Higher Education (NECHE)
• Middle States Commission on Higher Education (MSCHE)
• Higher Learning Commission (HLC)
• Southern Association of Colleges and Schools Commission on Colleges (SACSCOC)
• Northwest Commission on Colleges and Universities (NWCCU)
• Western Association of Schools and Colleges (WASC) Senior College and University Commission (WSCUC)

Free online courses offer accessible learning opportunities, providing students with valuable knowledge in diverse subjects. While they offer certificates, it’s essential to note that these courses lack accreditation. Despite the absence of formal accreditation, certificates can still enhance skills and knowledge, offering a cost-effective way for learners to acquire new expertise and stay competitive in their fields.

Course	Diploma in International Finance6
Provided by	Alison
Description	This course explores essential elements of the field, encompassing topics like exchange rates, money markets, and international financial institutions. It investigates the influence of economic policies, cultural factors, and exposure management on global markets. Participants acquire an understanding of the euro currency market, capital mobility, and various financial instruments. Additionally, the course addresses trade promotion, Duty Drawback Schemes, and initiatives for foreign trade promotion.

Course	Learn Investment, Business, and Finance Management7
Provided by	Udemy
Description	This course offers participants practical insights for making well-informed financial decisions. It ensures a profound understanding of investment markets and effective management of business finances, making it an ideal choice for learners aspiring to build a robust finance and investment principles foundation.

Course	Introduction to Corporate Finance8
Provided by	Class Central
Description	The course introduces finance fundamentals, emphasizing application across personal finance, corporate decision-making, and financial intermediation. Key concepts and applications encompass the time value of money, risk-return tradeoff, cost of capital, interest rates, retirement savings, mortgage financing, auto leasing, capital budgeting, asset valuation, discounted cash flow (DCF) analysis, net present value, internal rate of return, hurdle rate, and payback period.

Pursuing an online MBA in Finance provides flexibility for individuals aiming to enhance their education and career prospects. While the cost can pose financial challenges, this guide offers strategies to fund an online MBA, encompassing avenues like scholarships, grants, fellowships, and financial aid. Navigate the academic journey without accumulating overwhelming debt by exploring these financing options:

Scholarships

Students who excel academically and in extracurricular activities receive scholarships. Preferred over other financial aid, scholarships are relatively easy to acquire and require no repayment.

Grants

Grants, non-repayable financial awards, are accessible to MBA in Finance students through institutional, governmental, or private sources. These funds alleviate financial pressures, supporting students in pursuing advanced education without the repayment obligation.

Graduate Assistantships

Graduate Assistantships allow students to work part-time in roles related to their field. In exchange, they receive tuition waivers or stipends, easing the financial burden of their education. These positions provide valuable hands-on experience while helping offset the costs of pursuing an advanced degree.

Student Loans

Student loans are financial tools that enable students, including those pursuing an MBA in Finance, to borrow money for educational expenses. These loans typically offer favorable terms, including low interest rates, but require repayment after completing the education program.

Fellowships

Fellowships are prestigious awards that provide financial support and often include additional benefits, like research opportunities or mentorship. These competitive programs are available to students pursuing an MBA in Finance, offering recognition and support for their academic achievements and potential contributions to their field.

Scholarships for Online MBA in Finance Students

Scholarships remain among the best ways to help finance an online MBA degree. Some scholarships, including the following options, only apply to students planning to pursue an MBA.

Ritchie-Jennings Memorial Scholarship⁹

Only full-time students currently enrolled in a program may apply. Applicants must be pursuing a degree related to business administration or finance and should plan on beginning a career in fraud examination.  

Award/Amount: $2,000 – $10,000

Deadline: Varies

Forte MBA Fellowship¹⁰

Created for women, the Forte MBA Fellowship works more like a scholarship, awarding hard-working women with funds to help finance their MBA. Applicants must be studying full-time.

Award/ Amount: Varies

Deadline: Varies

Military MBA Scholarship¹¹

Only U.S. residents who served in the military and earned bachelor’s degrees can apply for this scholarship. Applicants must submit official transcripts and two letters of recommendation, one of which must come from a supervising officer.

Award/Amount: Varies

Deadline: Varies

Online MBA in finance graduates end up working in an array of industries. Those specializing in international business might find work outside the country, and corporate finance specialists often work for large corporations. An MBA graduate could even start a business or join a startup. While no amount of education guarantees any specific career outcome or salary, MBA in finance graduates often end up in these roles. 

Occupation	Median Annual Salary	Job Growth (2022-2032)	Job Description
Personal Financial Advisor12	$95,390	13% (much faster than average)	Personal financial advisors work with individuals to plan taxes, create savings strategies, and discuss short and long-term financial goals. Most work with large securities companies, though some enjoy self-employment.
Financial Analyst13	$96,220	8%(faster than average)	A financial analyst examines financial statements and investments to evaluate portfolio strength and risk. Financial analysts work either on the buy-side, who buy investments, or sell-side, who sell investments.
Financial Manager14	$139,790	16% (much faster than average)	Financial managers monitor a business’s financial health. These professionals prepare financial statements, create financial forecasts, and find new ways to reduce expenditures.
Budget Analysts15	$82,260	3%(as fast as average)	Both public and private organizations employ budget analysts to examine budget proposals and oversee institutional spending, ensuring alignment with budgetary constraints and requirements.

Certifications and licensing are not typically mandatory for graduates with an MBA in Finance. However, earning certifications enhances the expertise and credibility of MBA in Finance graduates, unlocking advanced career opportunities and showcasing a commitment to excellence. These certifications contribute to higher salaries, promotions, and job security, benefiting both individuals and employers. Here are a few certifications that MBA in Finance graduates can consider:

Certified Public Accountant (CPA) Certification¹⁶

The Certified Public Accountant (CPA) certification is a prestigious designation in the accounting profession, indicating proficiency in accounting, auditing, taxation, and financial analysis. CPAs ensure financial compliance, offer strategic guidance and contribute to business growth. This qualification broadens the spectrum of career opportunities in finance and accounting.

 Chartered Financial Analyst¹⁷

For aspiring or practicing investment professionals, acquiring the knowledge and skills to succeed in a highly competitive industry is crucial. The CFA Program aims to provide expertise and real-world skills in investment analysis, facilitating career advancement. Whether a practicing professional, student, career switcher, or aspiring entrant, the CFA Program provides a pathway to achieve professional goals.

Enriching the educational journey, memberships in associations or societies provide MBA students with valuable resources. These platforms offer networking opportunities, industry insights, and access to events and conferences. Membership enhances students’ understanding of current financial trends, fosters professional connections, and complements academic learning, contributing to a well-rounded and informed approach to their MBA in Finance studies. Here are a few valuable resources for MBA in Finance online professionals:

American Association of Finance & Accounting¹⁸

With locations across the United States and Canada, AAFA primarily works to connect finance and accounting professionals with career opportunities, particularly for those looking to advance their careers. 

Association for Financial Professionals¹⁹

Based in Washington, D.C., AFP supports finance and treasury professionals and administers the Certified Treasury Professional and Certified Corporate FP&A certifications. Members receive industry data, online training, and career counseling. 

The Professional Accounting Society of America²⁰

The Professional Accounting Society of America is a leading organization committed to propelling the accounting profession forward. Prioritizing education, networking, and professional growth, the society delivers valuable resources and assistance to accountants and finance professionals. Through certifications, conferences, and publications, the organization empowers its members to thrive in their careers and actively contribute to the ongoing growth of the accounting industry.

National Association for Personal Financial Advisors²¹

The top organization for fee-only financial advisors, NAPFA offers several membership levels, including options for current professionals and students. Members can access career listings, podcasts, virtual learning, and membership discounts.  

National Black MBA Association²²

Created to empower a historically underrepresented community, the National Black MBA Association connects Black MBA graduates nationwide. NBMBAA hosts an annual conference, provides members with digital learning and certifications, and advocates for Black MBA graduates.