Choosing an MBA specialization can be a daunting task, especially if you are unaware of what each specialization offers. You’ll come across numerous options for specialization while planning for an MBA. However, if you are someone who wants to build your career in the Finance or Accounting world, then an MBA in Finance and Accounting could be the best choice for you.

About Master of Business Administration in Accounting

Master of Business Administration in Accounting focuses on providing in-depth knowledge about tax laws and proper maintenance of accounting books. Accounting is one of the traditional MBA specialisations. The course curriculum usually  includes financial accounting, managerial accounting, corporate governance, corporate finance, capital markets (including equity, fixed-income securities and derivatives), and financial institutions and services (including banking and insurance). The course guarantees excellent career stability, and thus is one of the most preferred choices among the students.

About Master of Business Administration in Finance

Commodities, Capital management and bank policy are the few topics which you may have to study for MBA in finance. Beyond the above-mentioned topics, you may have to pay attention to the subjects’ related to real estate, urban economics and global trade. MBA in Finance courses require you to have a strong foundation in Maths as well as Accounting. Besides, once you get the degree, the career options you’ll have are numerous and rewarding.  

MBA in Finance and Accounting Syllabus

MBA Finance and Accounting syllabus mainly deals with topics such as Accounting, International Finance, Structured Finance, Taxation, Marketing, etc. Below are some common topics that are taught in MBA Finance and Accounting courses. 

  • Business valuations
  • Maintaining successful enterprises
  • Innovation management
  • Organizational efficiency
  • Financial statement analysis
  • Options and futures
  • Asset assessment
  • Empirical finance
  • Risk management
  • Real estate appraisal

Top 25 B-schools for MBA in Finance and Accounting 

Selecting the best B-schools for acquiring an MBA degree is a difficult and tedious task. This is because you may have to consider a lot of factors such as the reputation of the university, faculty profile etc., before making a decision. To start with, here is the list of top 25 B-schools across the world that offer MBA in Finance and Accounting.

Harvard University
Massachusetts Institute of Technology (MIT)
Stanford University
London School of Economics and Political Science (LSE)
University of Oxford
University of Chicago
University of Cambridge
University of Pennsylvania
London Business School
University of California, Berkeley (UCB)
New York University (NYU)
The University of Melbourne
The University of New South Wales (UNSW Australia)
National University of Singapore (NUS)
Yale University
Columbia University
University of California, Los Angeles (UCLA)
The University of Sydney
The Hong Kong University of Science and Technology
The University of Manchester
Nanyang Technological University, Singapore (NTU)
INSEAD
The University of Hong Kong
Monash University
Princeton University

Besides this, a lot of colleges such as IIMs, S.P Jain etc., also offer MBA in finance and accounting in India.

MBA  in Finance and Accounting Salary

Once you earn an MBA in Finance and Accounting degree, you will get good positions in corporate forms with a high salary. According to payscale.com, these are the few distinguished job profiles you’ll get with an MBA in Finance and Accounting, along with the approximate yearly salary packages.

Job TitleSalary Data
Chief Financial Officer (CFO)$84,964 – $217,638
Financial Controller$61,125 – $131,255
Finance Manager$57,538 – $126,262
Senior Accountant$52,407 – $80,125
Corporate Controller$69,043 – $153,135
Financial Analyst$46,606 – $80,673
Accounting Manager$54,404 – $96,130

We hope now you got an idea of what an MBA in Finance and Accounting is, and about the top colleges that offer this course.

All the best! 

 

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