Masters of Business Administration (MBA) - Management Finance

Entry Requirements for Postgraduate Programs

Academic Qualifications:

• Minimum Percentage: A minimum of 55% or its equivalent in previous academic qualifications is required for admission consideration.

English Language Proficiency:

• IELTS: An overall IELTS score of 6.5 or higher is required, with no individual band score falling below 6.0.

• TOEFL iBT: A minimum TOEFL iBT score of around 80 is required. 

• PTE: Pearson Test of English score of 53 or higher is required.

• DET: The Duolingo English Test (DET) with a score of 105 or above is required.

To make education more accessible and affordable, the university offers a variety of scholarships specifically designed for international students.

1. International Student Scholarships: The University of New Haven offers merit-based scholarships to international students based on their academic achievements. These scholarships are awarded to students who have demonstrated outstanding academic performance and potential. The scholarship amount can vary and is usually applied towards tuition fees.

2. Presidential Scholarships: This is a highly competitive scholarship for both undergraduate and graduate international students. It recognizes academic excellence, leadership skills, and community involvement. Presidential Scholarships cover a significant portion of tuition costs and may include additional benefits.

3. Dean's Scholarships: Dean's Scholarships are awarded to international students who have achieved a high level of academic excellence. These scholarships contribute to reducing the tuition burden and encouraging students to excel in their studies.

4. Transfer Scholarships: International transfer students may also be eligible for scholarships based on their previous academic achievements. These scholarships recognize the hard work of transfer students and support their successful transition to the University of New Haven.

5. Athletic Scholarships: For international students with exceptional athletic abilities, the university offers athletic scholarships based on talent and participation in specific sports. These scholarships contribute to tuition and may include other benefits for student-athletes.

6. Talent Scholarships: The university recognizes talents beyond academics and sports. Students with talents in areas such as the arts, music, and other creative fields may be eligible for talent scholarships.

7. Application-Based Scholarships: Some scholarships are awarded based on the content and quality of the student's application for admission. Demonstrated passion, leadership, and unique experiences can enhance the chances of receiving these scholarships.

8. International Ambassador Scholarships: This scholarship is for students who are actively involved in promoting cultural exchange and international awareness on campus. It rewards students who contribute to fostering a global community within the university.

9. How to Apply for Scholarships: To be considered for scholarships, international students usually need to complete the scholarship application process along with their application for admission. Requirements may include academic transcripts, letters of recommendation, essays, and an interview. 

A Master of Business Administration (MBA) with a concentration in Management Finance from the University of New Haven equips graduates with a strong foundation in finance and management principles. This combination of skills opens up a wide range of career prospects in various industries.  

1. Financial Manager or Analyst: Graduates of the MBA program with a Management Finance concentration are well-prepared for roles as financial managers or financial analysts. They analyze financial data, assess investment opportunities, and make strategic financial decisions for organizations. These roles can be found in corporations, financial institutions, and government agencies.

2. Investment Banking: MBA graduates can pursue careers in investment banking, working for firms that facilitate mergers and acquisitions, raise capital, and provide financial advisory services. They may work as investment bankers, financial analysts, or consultants, helping clients make sound investment decisions.

3. Corporate Finance: Many corporations hire finance professionals to manage their finances, budgets, and investments. MBA graduates with a Management Finance concentration can work as finance managers, treasurers, or controllers, overseeing financial operations and optimizing financial performance.

4. Risk Management: Risk management professionals are in high demand, particularly in industries like banking, insurance, and healthcare. Graduates can specialize in risk assessment, risk analysis, or insurance underwriting, ensuring that organizations are well-prepared to manage potential risks.

5. Consulting: Management consultants advise businesses on various aspects of their operations, including financial management. MBA graduates can work for consulting firms or as independent consultants, providing financial insights and solutions to clients across industries.

6. Entrepreneurship: Some MBA graduates may choose to start their own businesses or join startups. Their financial expertise can be invaluable in managing the financial aspects of a new venture, including securing funding, budgeting, and financial planning.

7. Government and Nonprofit Sectors: Government agencies and nonprofit organizations also require financial expertise to manage budgets, grants, and investments. Graduates can find opportunities in roles such as financial analyst, budget analyst, or financial manager in these sectors.

8. Financial Technology (FinTech): The growing FinTech industry relies on professionals who understand both finance and technology. MBA graduates with a Management Finance concentration can work for FinTech companies, contributing to the development of innovative financial products and services.

9. Academia and Research: Some graduates may choose to pursue further education, such as a Ph.D. in finance, and enter academia as professors or researchers. They can contribute to the field through research and teaching.

10. Leadership and Management Roles: An MBA is also a stepping stone to leadership and management positions in various industries. Graduates can progress into executive roles, such as Chief Financial Officer (CFO) or Chief Executive Officer (CEO), where their financial acumen is essential for strategic decision-making.