Most Popular MBA Is the Finance MBA
Visitors to the Master of Business Administration (MBA) section of WorldWideLearn.com, an online education resource, showed more interest in the Finance MBA than any other type of MBA during the second quarter of 2006. The Operations and Supply Chain Management MBA was the second most popular choice. These results reflect Internet activity indicating Finance MBA and Operations MBA are the most searched for MBA topics.
Data from the U.S. Department of Labor Statistics supports the notion that employers are looking for financial managers holding a Master’s Degree in Business Administration, Risk Management, or Finance. With a mean annual wage of $94,000, aspiring financial managers are wise to consider an MBA in Finance as a way to advance their careers.
Consumer interest in Finance MBAs could be a result of the Sarbanes-Oxley Act which has had a profound effect on the accounting profession and publicly traded companies. Accounting MBAs represented only 3.9 percent of searches on WorldWideLearn.com and 1.8 percent of Internet searches. Finance MBAs however, represent 8.6 percent of WorldWideLearn.com and 18.6 percent of Internet searches.
According to WorldWideLearn.com, MBAs with finance specializations go beyond general management training by providing advanced skill in assessing financial risks and rewards. Students pursuing a Finance MBA can expect courses in such topics as portfolio management, global finance, financial markets and corporate financial analysis.
Accounting MBA programs often include detailed practical learning in financial assessment and reporting; risk management; planning; implementation; and taxation, according to WorldWideLearn.com.
WorldWideLearn.com is a premier directory of educational services, featuring over 1,600 online degree programs, 2,500 online courses, 2,300 campus-based career college programs and 200 universities, as well as informative resources.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.