Masters of Business Administration in Management- Financial Management
The MBA in Management at Berkeley College is structured to prepare students for senior ...
Masters of Business Administration in Management- Financial Management
NYC Midtown Manhattan, New York - Woodland Park, New Jersey
INTAKE: Jan, April & Sept
Program Overview
The MBA in Management at Berkeley College is structured to prepare students for senior positions and leadership opportunities across diverse industries. The program's core values include integrity, stewardship, sustainability, and inclusiveness. The Financial Management concentration within this MBA focuses on developing the critical knowledge required for decision-making as a financial manager. This involves understanding how to analyze business trends, advise senior managers on financial issues, create comprehensive financial statements and reports, organize investment activities, and develop strategies to maximize profits and achieve organizational financial goals. Students have the flexibility to take courses onsite or online, catering to the needs of working professionals.
IACBE Accredited: Yes, the Larry L. Luing School of Business at Berkeley College has received specialized accreditation for its business programs, including the MBA in Management, through the International Accreditation Council for Business Education (IACBE). This accreditation signifies that the business programs comply with high principles of excellence and follow best practices in business education, providing assurance of quality and a commitment to outcomes-based learning.
Curriculum: The curriculum for the MBA in Management with a Financial Management concentration is designed to provide a deep dive into financial concepts and their application. The Financial Management concentration itself comprises a four-course (12-credit) sequence. Specific courses include: MBA6660 Financial Markets and Institutions, which covers the structure and operation of financial institutions; MBA6665 Financial Statement Analysis, focusing on the interpretation and analysis of financial reports; MBA6667 Corporate Treasury and Risk Management, addressing the management of financial risk and corporate treasury functions; and MBA6669 Contemporary Issues in Financial Management, which explores topics such as capital sourcing and valuation. The broader MBA curriculum also emphasizes knowledge for effective action, communication in professional contexts, and information for planning and stewardship in the contemporary business environment.
Research Focus: The MBA program at Berkeley College, particularly the Financial Management concentration, has an applied and practical research focus. While it doesn't explicitly highlight a traditional academic research thesis, the curriculum is designed to develop students' analytical capabilities for real-world financial decision-making. Students are taught to analyze business trends, conduct financial statement analysis, manage financial risk, and explore capital sourcing and valuation through the lens of a financial manager. The program's emphasis on practical case studies and applying coursework concepts to real-world situations indicates a focus on developing actionable insights and solutions rather than purely theoretical research.
Industry Engagement: Berkeley College prides itself on its strong industry engagement, which is deeply integrated into the MBA program. The faculty members teaching in the MBA program possess exceptional academic and corporate backgrounds, bringing a wide range of real-world business experiences and analytical perspectives on contemporary issues into the classroom. This ensures that students learn from those who have already succeeded in the business world. The program is designed to prepare students with the knowledge and skills to be strong leaders, directly applicable to the demands of various industries, including banks, manufacturing, service industries, investment firms, and insurance companies where financial managers typically work.
Global Perspective: While Berkeley College's MBA program does not explicitly detail dedicated global management concentrations within the Financial Management track, the nature of financial markets and institutions is inherently global. The curriculum's coverage of financial institutions' structure and operation, corporate treasury functions, and contemporary financial issues implicitly touches upon global aspects of finance. Financial managers often work in industries with international operations, and the skills developed in analyzing financial statements, managing risk, and capital sourcing are universally applicable. The program's aim to help individuals stand out in the professional world suggests preparing them for a competitive global economy, even if a specific "global finance" course is not listed as mandatory.
Location
NYC Midtown Manhattan, New York - Woodland Park, New Jersey
Score
IELTS 6.5
Tuition Fee
USD 28200
Postgraduate Entry Requirements
Application Fee: $50
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 80 or higher.
- DET (Duolingo English Test): Minimum score of 105.
Berkeley College offers a variety of scholarship opportunities specifically designed to support international students in their academic journey. These scholarships aim to recognize academic excellence, leadership qualities, and the potential for professional success, helping to reduce the financial burden of higher education.
Merit-Based Scholarships: Berkeley College awards merit scholarships to international students who demonstrate outstanding academic performance. These scholarships are often renewable each year, provided the student maintains a strong GPA and continues to meet eligibility criteria.
Need-Based Financial Aid: While most financial aid programs in the U.S. are limited for international students, Berkeley College offers some need-based assistance and payment plans to help manage tuition fees. Prospective students are encouraged to contact the Financial Aid Office for personalized support options.
Special Program Scholarships: Certain academic programs or departments at Berkeley College may offer dedicated scholarships or grants for students enrolling in specific career-focused fields such as business, healthcare, or technology. These scholarships reward students pursuing in-demand professions.
International Student Ambassador Scholarships: Berkeley College occasionally provides scholarships to international students who actively participate in campus leadership or ambassador roles. These scholarships support students who promote cultural diversity and help new international students acclimate to college life.
Berkeley College's Master of Business Administration (MBA) in Management with a specialization in Financial Management is a practical and IACBE-accredited program designed to cultivate leaders adept at navigating the financial complexities of modern business. The curriculum focuses on real-world application, preparing graduates for key decision-making roles across various industries.
Financial Manager: This is a direct fit for the specialization. Graduates will oversee the financial health of an organization, focusing on planning, directing, and coordinating accounting and financial activities. They analyze financial data, prepare reports, and develop strategies to achieve financial objectives and maximize profitability.
Financial Analyst: Graduates can work for investment firms, banks, insurance companies, or corporations, conducting in-depth financial analysis. This involves evaluating investment opportunities, assessing market trends, forecasting financial performance, and making recommendations to guide financial decisions.
Credit Manager: These professionals are responsible for establishing and enforcing credit policies, assessing the creditworthiness of clients or customers, and managing the company's accounts receivable to minimize bad debt and optimize cash flow.
Treasury Manager: In a corporate setting, graduates manage the company's liquidity, investments, and financial risk. This includes optimizing cash flow, managing foreign exchange exposure, and overseeing relationships with banks and other financial institutions.
Investment Operations Manager: This role focuses on the back-office and middle-office operations of investment firms, ensuring the smooth and efficient processing of trades, settlements, and record-keeping, as well as managing associated risks.
Financial Consultant: Graduates can work for consulting firms or independently, providing expert financial advice to businesses or individuals on areas such as budgeting, investment strategies, risk management, and financial planning to improve their financial performance.
Corporate Finance Specialist: Within a company's finance department, these specialists deal with capital budgeting, mergers and acquisitions, valuation, and capital structure decisions, aiming to maximize shareholder value.
Risk Manager (Financial Services): Focusing specifically on financial institutions, graduates identify, assess, and mitigate various financial risks, including market risk, credit risk, and operational risk, ensuring compliance with regulations and safeguarding assets.
Budget Analyst: These professionals work in government agencies or large organizations to develop, analyze, and manage budgets, ensuring financial resources are allocated efficiently and effectively to achieve organizational goals.
Revenue Operations Manager: In businesses with complex revenue streams, this role combines financial acumen with operational efficiency to optimize sales processes, pricing strategies, and revenue recognition, often leveraging technology and data analysis.
