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MBA in Finance in the USA

Updated on 18 April, 2024

Bulbul Sharma

Bulbul Sharma

Manager- Content @upGrad

Finance forms the basic foundation of businesses. A robust financial management model is the key to a successful enterprise. 

A Master of Business Administration provides students with valuable tools that aid career advancement in the corporate or entrepreneurial world. Moreover, an MBA in finance hones your financial management skills and market knowledge.

 

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And, what better than pursuing an MBA in finance in the United States? With some of the best universities, high research output, and incredible job opportunities, the US is the hub for international students. 

Therefore, this article will discuss all aspects of pursuing an MBA in Finance in the USA and more. Read on.

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Course Brief for MBA in finance in the USA

An MBA in finance in the USA offers knowledge on the functioning of financial markets. The curriculum is generally spread over two years but may have a fast-track option of a one-year degree.

Students can engage with field leaders in real-world learning projects and consulting programs.

The course modules include subjects like Behavioral Finance, Valuation, Volatility, Investment Banking, Equity Markets, Bankruptcy, and Re-organization.

Top Universities Offering MBA in Finance in the USA

The majority of the top universities in the US offer a Master of Business Administration specializing in finance. Some of these top universities for MBA Finance in the US are listed below for your reference:

  •       University of Pennsylvania (Wharton)
  •       University of Chicago (Booth)
  •       New York University (Stern)
  •       Massachusetts Institute of Technology (Sloan)
  •       Stanford University
  •       University of California Berkeley (Haas)
  •       University of California–Los Angeles (Anderson)
  •       University of Michigan–Ann Arbor (Ross)
  •       Northwestern University (Kellogg)
  •       Arizona State University (W.P. Carey)
  •       Boston College (Carroll)
  •       Dartmouth College (Tuck)
  •       Cornell University (Johnson)

Specializations for MBA in finance in the USA

A Master of Business Administration is a general management degree that aims to provide business and managerial knowledge to students. 

Out of the many specializations in this degree such as Marketing, Human Resources, Supply Chain and more, Finance is a hugely popular one.

Some universities may provide a specialized MBA finance degree with stress on a particular subsection of finance, such as Quantitative finance or Global Banking.

Levels of Education

An MBA is a postgraduate degree that helps you develop a business and entrepreneurial mindset. You do not necessarily need to have a bachelor’s degree in the same field.

Historically, students from diverse backgrounds such as Engineering, Medicine, and arts have pursued MBAs and emerged as successful top-level managers.

Top Universities in the USA

City University of Seattle

University of North Carolina Chapel HillUniversity of Connecticut
Oregon State UniversityAdelphi University

Clemson University

National University California

Lewis UniversityKnoxville University
Georgia Institute of TechnologySan Jose State University

University of North Texas

Average Fee Required for the Program 

The MBA in Finance in the USA fees is one of the costliest but with the highest return on investment. Below mentioned are some of the top American universities offering an MBA degree in finance.

University NameAverage Tuition Fee
University of Pennsylvania (Wharton)USD 80,432/ year (INR 61,42,300/ year)
University of Chicago (Booth)USD 73,440/ year (INR 56,08,400/ year)
New York University (Stern)USD 121,500 (INR 92,85,700)
Columbia UniversityUSD 77,376 / year (INR 59,09,000/ year)
Massachusetts Institute of Technology (Sloan)USD 77,168 / year (INR 58,93,000/ year)
Stanford UniversityUSD 119,964 (INR 91,68,300)
University of California–Berkeley (Haas)USD 68,444/ year (INR 52,26,900/ year)
University of California–Los Angeles (Anderson)USD 65,049/ year (INR 49,67,600/ year)
University of Michigan–Ann Arbor (Ross)USD 72,114/ Year (INR 55,11,300/ year)
Northwestern University (Kellogg)USD 74,871/ year (INR 57,17,700/ year)
Arizona State University (W.P. Carey)USD 48,400/ year (INR 36,96,200/ year)
Boston College (Carroll)USD 55,380/ year (INR 42,29,200/ year)
Dartmouth College (Tuck)USD 77,520/ year (INR 59,20,000/ year)
Cornell University (Johnson)USD 71,940/ year (INR 54,93,800/ year)

 Jobs of MBA Finance in the USA

Graduates of a top-notch MBA program in finance in the US can opt for several profiles or roles. Profiles for jobs of MBA Finance in the USA include:

  • Finance Manager
  • Financial Accountant
  • Financial Advisor
  • Financial Analyst
  • Certified Public Accountant
  • Financial Controller
  • Investment manager
  • Investor Relations Manager
  • Chief Financial Officer

MBA in Finance students can find these opportunities in a range of industries and companies such as:

Aerospace/Transportation

  1. ROEHL
  2. American Airlines

Consulting

  1. EY Parthenon
  2. Bain & Company
  3. Mars & Co.
  4. KPMG
  5. Deloitte
  6. Cognizant

Consumer Products & Beauty

  1. Bayer
  2. Estee Lauder Companies Inc
  3. Nespresso, USA
  4. Reckitt Benckiser
  5. Pepsico
  6. P&G

Energy and Power

  1. National Grid
  2. Chevron Corporation
  3. BP Energy Partners

Expected Remuneration for MBA in finance in the USA

Graduates from an MBA in Finance are involved in diverse profiles and industries. Some typical job roles and their respective average MBA Finance salaries in the USA are: 

Job RoleAverage Salary Per Annum
Financial ControllerUSD 100,100 (INR 76,50,200)
Vice President, FinanceUSD 150,800 (INR 1,15,25,00)
Financial AnalystUSD 67,500 (INR 51,58,700)
Finance ManagerUSD 107,100 (INR 81,85,200)

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Frequently Asked Questions

Which college has the best MBA in the Finance stream program?

You can find the best MBA finance programs at universities such as Stern Business School- New York University and Wharton Business School, the University of Pennsylvania among others. 

Is finance a good enough career in the US?

Keeping the competitive job market in mind, more so for international students, an MBA in Finance has a plethora of career prospects to help students pursue their dream careers in the US.

Bulbul Sharma

Manager- Content @upGrad

Bulbul is a self-driven professional and an expert writer & editor. She has been a part of the ed-tech industry for the past 2 years now and is motivated to provide study abroad aspirants with factually correct and relevant information. Her knack for impactful writing makes her blogs worth a read!

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