M.S. in Healthcare Technology
The STEM-designated M.S. in Healthcare Technology program at Clark University offers a ...
Master of Business Administration - Finance
Worcester, Massachusetts
INTAKE: Jan & Aug
Program Overview
The STEM-designated Master of Business Administration (MBA) with a specialization in Finance at Clark University offers a rigorous and quantitative curriculum meticulously designed to equip students with advanced financial knowledge and analytical skills essential for leadership roles in the global financial landscape. Building upon core MBA principles, this specialization provides a deep dive into financial theory, investment analysis, risk management, and financial modeling, emphasizing data-driven decision-making and quantitative methodologies. The STEM designation underscores the program's focus on science, technology, engineering, and mathematics, ensuring graduates possess the analytical and problem-solving capabilities highly valued in the finance industry.
STEM Designated: As a STEM-designated program, the MBA - Finance specialization at Clark University emphasizes a strong, science-based approach to understanding and analyzing financial markets and instruments. This designation highlights the program's commitment to providing a curriculum grounded in mathematical finance, statistical analysis, and quantitative modeling relevant to financial decision-making, preparing graduates for technically demanding roles in financial analysis and management.
Curriculum: The curriculum for the MBA - Finance specialization is thoughtfully structured to provide a comprehensive understanding of core business principles and advanced financial concepts. Foundational MBA coursework in strategy, marketing, operations, and accounting is complemented by in-depth study in financial econometrics, investment theory and practice, corporate finance, derivatives and risk management, and financial modeling techniques. The program integrates rigorous quantitative methods, statistical software applications, and real-world case studies to solidify theoretical understanding and develop practical analytical skills essential for financial leadership.
Research Focus: While the MBA program is primarily professionally oriented, the Finance specialization encourages engagement with current financial research and emerging trends. Faculty within the specialization often conduct research in areas such as asset pricing, behavioral finance, financial risk management, and the application of quantitative methods to investment strategies. Students in this specialization may have opportunities to participate in faculty-led research projects or undertake independent research on specialized finance topics, further developing their analytical and critical thinking skills within the financial domain and its intersection with broader business issues.
Industry Engagement: The MBA - Finance program at Clark University actively cultivates strong ties with the financial industry, recognizing the importance of practical experience and professional networking. This engagement includes guest lectures from leading finance professionals, specialized workshops on financial modeling and investment strategies, networking events with financial institutions and firms, and opportunities for internships or applied projects that provide exposure to real-world financial challenges. The program also focuses on career development resources tailored to the specialized skill set of finance graduates, enhancing their competitiveness in the finance job market.
Global Perspective: The MBA program at Clark University inherently incorporates a global perspective, which is further emphasized in the Finance specialization due to the increasingly interconnected nature of global financial markets. Coursework extensively examines international finance, exchange rate dynamics, global investment strategies, and the impact of global economic events on financial markets. Clark University's diverse international student body and faculty contribute to a rich global learning environment, preparing graduates to analyze and navigate the complexities of international finance and to effectively manage financial operations in a globalized business context.
Location
Worcester, Massachusetts
Score
IELTS 6.5
Tuition Fee
USD 29850
Postgraduate Entry Requirements
Academic Qualifications: Applicants for postgraduate programs typically require a minimum academic achievement of 70% or above in their bachelor's degree.
English Language Proficiency:
- IELTS: Overall band score of 6.5 or 7.0 with a minimum of 6.0 in each component.
- TOEFL: Overall score of 85 or higher.
- PTE: Overall score of 61 or higher.
- DET (Duolingo English Test): Minimum score of 120.
Standardized Test Requirements:
- GRE Graduate Record Examinations: Overall score of 300 or higher is required.
- GMAT Graduate Management Admission Test: Overall score of 500 or higher is required.
Clark University in Worcester, Massachusetts, United States, offers a variety of scholarship opportunities specifically designed to support international students in pursuing their academic goals. Recognizing the financial challenges that many international students face, Clark is providing merit-based and need-based financial aid to attract talented and motivated students from around the globe.
Merit-Based Scholarships: Clark University awards several merit scholarships to international students based on academic excellence, leadership qualities, and other achievements. These scholarships vary in amount and can significantly reduce tuition costs. The university’s recognizing outstanding international applicants ensures that many students receive financial assistance during the admissions process.
Need-Based Financial Aid: Although international students are generally expected to demonstrate the ability to finance their education, Clark does offer limited need-based aid to international applicants who demonstrate exceptional financial need. Students are encouraged to apply early and provide all required financial documentation to be considered.
Clark University International Scholarship: One of the prominent awards for international students is the Clark University International Scholarship, which is granted to highly qualified students to help offset the cost of tuition. This scholarship is competitive and requires strong academic records along with a contributing to the campus community.
Graduate Assistantships and Fellowships: Graduate international students at Clark can apply for assistantships and fellowships, which provide tuition remission and a stipend in exchange for teaching, research, or administrative work. These opportunities not only help financially but also offer valuable professional experience in the students’ field of study.
External Scholarships and Funding: Clark encourages international students to seek external scholarships and funding sources from governments, private organizations, and international foundations.
Graduates of the Master of Business Administration - Finance program at Clark University possess a highly valued and versatile skillset, opening doors to a multitude of exciting and impactful career opportunities within financial institutions, corporations, and investment firms.
Financial Analyst: Analyzing financial data, providing investment recommendations, managing financial risk, and supporting financial planning for corporations or investment firms.
Investment Banker: Assisting companies with raising capital through the issuance of stocks and bonds, and advising on mergers and acquisitions.
Portfolio Manager: Developing and implementing investment strategies and managing investment portfolios for individuals, institutions, or mutual funds.
Hedge Fund Manager: Managing investment portfolios for high-net-worth individuals and institutions, often employing sophisticated and alternative investment strategies.
Corporate Finance Manager: Focusing on financial planning, capital budgeting, mergers and acquisitions, and other strategic financial decisions within corporations.
Risk Manager: Identifying, assessing, and mitigating financial risks for financial institutions, corporations, or regulatory agencies.
Private Equity Analyst/Associate: Analyzing and investing in private companies with the goal of generating high returns.
Venture Capitalist: Investing in early-stage companies with high growth potential.
Financial Consultant: Providing expert financial advice and guidance to individuals or corporations on investment strategies, financial planning, and wealth management.
Treasury Analyst/Manager: Managing a company's cash flow, investments, and financing activities.
