Is a Master’s in finance better than an MBA Qualification?

Today, Masters in Finance versus MBA diplomacy is a heated conversation that has managed to create confusion among business aspirants. If you’re someone who wants to pursue either of these postgraduate programmes and are stuck with a dilemma, then this article has some insights into aspects that make the Masters in Finance option a better one.

So, stop trying to probe whether an MBA degree or a Masters in Finance would be the right choice for you and continue reading. Choose to amplify your skills with masters in finance, and see a remarkable change in your career in no time!

What exactly is the difference between the two?

The MBA is a general knowledge-based business graduate degree. It allows graduates to develop broader skills and understanding of common business operations and eventually apply them in different sectors.

A master’s qualification in Finance focuses on building upon a single speciality. It transforms you to become a qualified expert in a particular functional area of business that is finance. This is well-suited for professionals who are clear-headed about their professional goals and targeted career path. So, if you want to establish a career in the finance or closely related fields, then a master’s degree is supposedly the best option for you.

Masters in Finance is what you need

Masters in Finance programmes place core emphasis on finance in a comprehensive manner, with basic topics including financial theory, quantitative finance, mathematics, investments, financial markets, their reporting and analysis, as well as valuation.

But as more and more academic institutes offer MBA programmes, the academic field tends to grow a bit more crowded, and which is why students are seeking alternatives. This paves way for masters in finance programs to become competitively advantageous over the next few years.

Scope after earning a master’s in finance

Large companies have welcomes graduates who possess a postgraduate specialisation in Finance. This stands effective even for firms that necessary do not deal with finance-related products and services.

The postgraduate degrees in Finance are typically highly-focused providing students with a good grounding of the technical aspect of finance and associated quantitative methods. Such programmes facilitate the understanding of complex financial strategies using business tools, mathematical models, and administrative frameworks. The real-time training provided gives students the capability of applying financial principles to businesses of different types.

Although an MBA can be a good option to specialise in the field of Finance; however, there is a dearth to the level of details included and the same goes for the scope of topics dealt with. In expert areas of Finance, a graduate with a master’s degree under the belt is likely to have the upper hand. This is because it requires quantitative financial thinking with in-depth analytical knowledge.

In addition to this, master’s programmes are usually a bit easier to get into. Most MBA programmes, on the other hand, expect applicants to have at least three years of work experience. A postgraduate degree in Finance course curriculum also tends to be shorter and much more affordable.