Hybrid Masters in Finance Degrees and Finance Masters Programs

Hybrid Masters in Finance Degrees and Finance Masters Programs General Info

For the person who is drawn to the world of finance, and business administration, a hybrid ...

masters in finance program can be a solid investment of your time.  The financial industry has changed over time. Corporate scandals, financial crises, the recession of 2007-2009, technological advances, have given rise to current modalities, such as online banking.  Theories about investments, laws and regulations governing businesses and individuals, as well as computer programs have been generated.  In many ways, money is not only a currency, it is also a language to the extent that it can be mastered and communicated, given that one has the skill set and discipline.

Masters in Finance Hybrid Degree Career Options

For already working professionals in the field, the need can arise to update qualifications and education.  Or, perhaps you want to be prepared for, or have an edge over, the competition in the world of finance. If so, this could be an exciting time to earn a Master’s in Finace degree. In fact, while some occupations may require a bachelor’s degree for entry-level positions, often a Master’s Degree in finance is preferred[i].

What Kind of Hybrid Masters in Finance Programs may be Right For Me?

Narrowing your search for a master’s of finance program can be overwhelming. With the array of choices, a good beginning could be to figure out where your interests lie, in order to determine the academic track that corresponds to your aspirations.

Here are a few questions you might want to ask yourself before or while you investigate the options on GradSchools.com. :

  • Are you drawn to accounting, strategy and planning, management, sales, taxes, banking, investments or corporate finance?
  • Will your end-goal require certification and preparation? Some Masters in Finance are geared to the CFA (Chartered Financial Analyst) or CFP (Chartered Financial Planner) tracks, or offer accreditation with different organization such as the Association to Advance Collegiate Schools (AACSB) or EQUIS.
  • Are you interested in international business, global business perspectives?
  • Do you enjoy sales and marketing?
  • Would you like to work in real estate?
  • Are you gearing your career mind-set to work in health care management?
  • Would you prefer to deal with clients one at a time or would you prefer to strategize on a team for a large corporation?
  • Do you want to manage money?

Some of the options in Hybrid finance masters programs might include:

  • MS- Finance: Some Master of Science in finance programs are designed to help equip learners with a well-rounded exposure to finance, and financial markets, and can cover practical business applications to help the learner navigate financial challenges.  These programs could lead to the pursuit of career paths in financial planning, investment managers, or corporate financial management.
  • MBA in Business Administration – Finance or Financial Planning: If you are drawn to in an in-depth study of the practical uses of financial management principles in businesses, non-profit organizations and government, then you may want to consider pursuing a Master of Business Administration (MBA) – Finance.  Some MBA Finance programs offer concentrations in financial modeling, international finance, real estate, and business investment. Some focus on financial valuation and investment management
  • MBA/MA in Leadership Dual Degree: This type of program aims to help build comprehensive management skills, including management consulting and other administrative coursework.
  • MFP-Masters in Finance for Professionals: These programs can be primarily focused on finance, with relevant accounting topics, financial theory and up to date skills for finance professionals.

DID YOU KNOW?

The projected job outcome for personal financial advisors is projected to grow 27% from 2012 to 2022, much faster than average for all occupations[ii]

The Bureau of Labor Statistics has predicted more than 1 million job openings are expected for financial specialists who have the right skills and training[iii]

Because of an increased number of mergers, financial service businesses are now mostly large, multinational companies[iii]

What a Finance Masters Programs Curriculum Might Look Like

Each program with a concentration will typically expose students to the particular emphasis of the degree type. Masters in finance degrees will also vary depending on the institution and format. Some of the courses that students may be exposed to include topics such as:

  • Financial Modeling
  • Capital Budgeting
  • Statistics
  • Forecasting
  • Financial Accounting
  • Strategic Financial Decisions
  • Capital Structure/cost
  • Multinational Financial Management
  • Securities

What Are The Potential Advantages To Hybrid Finance Master’s Programs?

Flexibility: The hybrid format of learning is a combination of on-line and on-campus courses. It could really suit the working professional, who is looking to update technical knowledge, skills, and education.  Part of the program is done via an on-line course management system, which allows the learner to schedule study and maintain his or her work-study-life balance. During this segment, the latest digital tools help keep students connected to their professors and fellow classmates via email, online forums, group projects.

Access: Taking some classes on campus may mean being able to have access to all the facilities, from athletic amenities, to libraries and laboratories. Plus, there might be time to grow social and professional networks, or have face-to-face interaction with faculty.

Potential Career Trends for Finance Graduates

Graduates who earn a Hybrid Master’s in Finance Degree might, depending on the emphasis of study, experience, school accreditation, and other determining factors, be prepared to pursue potential career opportunities in a variety of occupational categories including:

  • Financial Analysts[iv]
  • Budget Analysts[i]
  • Financial Managers[v]
  • Personal Financial Advisors[vi]
  • Securities, Commodities, and Financial Sales Agents[vii]
  • Insurance Sales Agents[viii]
  • Accountants and Auditors[ix]

Ready To Search For A Hybrid Masters in Finance Degree Program?

Money is not just a currency that we need to buy goods and services, pay our taxes, credit card debt, or invest in the future. It is a language.  Businesses need to understand it to make intelligent financial decisions, and individuals need to understand it to make wise decisions with their hard-earned money.

If you have a propensity for mathematics, or a strong business sense, a career-focused Masters in Finance degree program might be just the ticket to take your career to the next level!

Hone in on the master’s degree in finance that could help equip you for the current needs and demands of pursuing a future career in finance by starting to search the directory on GradSchools.com


Sources: [i] bls.gov/ooh/business-and-financial/budget-analysts.htm | [ii] bls.gov/ooh/business-and-financial/personal-financial-advisors.htm | [iii] bls.gov/careeroutlook/2014/article/financial-specialists.htm | [iv] bls.gov/ooh/business-and-financial/financial-analysts.htm | [v] bls.gov/ooh/business-and-financial/budget-analysts.htm | [vi] bls.gov/ooh/management/financial-managers.htm | [vii] bls.gov/ooh/business-and-financial/personal-financial-advisors.htm | [vii] bls.gov/ooh/sales/securities-commodities-and-financial-services-sales-agents.htm | [viii] bls.gov/ooh/sales/insurance-sales-agents.htm | [ix] bls.gov/ooh/business-and-financial/accountants-and-auditors.htm