Finance has its own allure among young professionals. Not to mention the lucrative packages that companies now offer grads. In this article, we analyse the top MBA programs region wise.

Why prefer MBA in Finance over CFA?

  1. Business Acumen 

MBA Programs offer a broad business curriculum, including financial and investment components, making the classic path for business management.

On the other hand, the CFA credential places a strong emphasis on investment analysis and portfolio management, as well as a thorough understanding of investing principles and ethics.

An MBA offers doors to managerial positions in major organisations in fields such as finance, investment banking, or consulting, whereas a CFA is sought by professional investors such as money managers and registered investment advisers.

  1. Networking

MBA ensures that you get a well-rounded education. Students can create a wide network.  Students have access to a network of alumni, professors who are experts in their fields, and peers who have a lot of knowledge to contribute.

  1. Degree

Employees having a master’s degree and a professional title are preferred by corporate employers. All of these advantages are available to MBA students.

Top B-Schools in North America

  1. Cornell SC Johnson School of Business

As a member of the Ivy League, Cornell has a fantastic reputation. Accounting, finance, and green sectors are among their MBA’s core competencies. Finance employs 38 percent of Cornell’s students. Investment banking, corporate finance, and equity/debt research are a few of the job profiles available. Students can pick from a variety of immersion programs at Johnson. Students can choose from the following immersions – Corporate Finance Immersion, Investment Banking Immersion, and Investment Research and Asset Management Research.

Cornell provides concentrations on topics like corporate finance, financial investing, and private equity in the second year of the degree to assist students to become subject experts.

They also have clubs such as the Investment Management Club and the Old Ezra Finance Club, which offer various learning opportunities such as seminars, professional excursions, and discussion forums.

  1. Wharton School of Business

Wharton is the world’s oldest business school. It boasts the largest faculty of any business school in the world, with a specialization in finance.  36 percent of Wharton graduates land a finance job. Hedge funds, insurance, and diversified services, investment banking/brokerage, investment management, private equity/buyouts, venture capital, and fintech are some of the options for Wharton’s finance students.

Wharton’s MBA Finance Club hosts resume reviews, simulated interviews, career panels, and Day-on-the-Job Fridays, where students meet, network, and interact with leaders in the financial industry.

  1. Stanford Graduate School of Business

Stanford is located in the heart of Silicon Valley. Its MBA program is noted for its small size, which allows for a more intimate learning environment. Myron Scholes and William Sharpe, two Nobel Laureates in finance, teach at Stanford. Finance is the vocation of choice for 33% of the MBA class.

Their fantastic Venture Capital Club links students who want to create or invest in innovative technology with top venture capital businesses.

  1. Chicago Booth School of Business

At Booth, 9 Nobel Laureates have taught so far. That pretty much sums up the reality. This b-school also produced the founder of McKinsey and Eugene Fama, a Nobel Laureate in Economics.

Every year, about 30% of the graduating class obtains a job in finance.  Graduates can find strategic jobs in finance with companies like Proctor & Gamble, Exxon Mobil, Target, Prudential, Microsoft, and Citigroup.

Investment Banking Group, Entrepreneurship and Venture Capital Group, Private Equity Group, Corporate Financing Group, Credit Restructuring Distressed, Investing and Turnaround Group, Hedge Fund Group, and Investment Management Group are the finance-related clubs at the school.

  1. Rotman School of Business

The Finance industry employs 39 percent of Rotman graduates, with an average salary of $95K. 

Every Friday, the institution welcomes scholars from all around the world to share their research and findings. They have a “BMO Financial Group Finance Research and Trading Lab” that provides students with real-time access to the global financial world and its resources. With the expertise of Rotman and the University of Toronto’s Faculty of Law, they have a club named “Capital Markets Institute” that researches discusses, and educates on the most critical concerns confronting Canadian capital markets.

Top B-Schools in Europe

  1. INSEAD, France

With campuses on four continents, INSEAD is one of the most prestigious MBA schools in the world. September and January are the school’s two intakes. Students also get the opportunity to spend one term at business schools such as Wharton and Kellogg.

Investment banking, banking, hedge funds, investment funds, private equity, and venture capital are among the career profiles available to INSEAD graduates. One can expect an average salary of $100K. 

INSEAD, like many other business schools, has an Investment Management club, an Investment Banking club, and a Fintech club, all of which are quite active on and off campus.

  1. London School of Business

The London Business School (LBS) of the University of London is one of Europe’s most prominent business schools. It provides a flexible MBA program that may be finished in as little as 15 months, 18 months, or 21 months.

LBS alumni work in the finance business to the tune of 25%. Credit Suisse, Partners Group, Goldman Sachs, MetLife, Citi, and Morgan Stanley are just a few of the companies that employ LBS graduates.

The following research institutions and centres have collaborated with the school, giving it an advantage over the competition: –  

  1. The AQR Asset Management Institute 
  2. The Centre for Corporate Governance 
  3. The Institute of Entrepreneurship and Private Capital
  1. IESE Business School, Spain

The University of Navarra owns the IESE Business School. It has campuses in Madrid and Barcelona and provides a two-year MBA program that is widely regarded as one of Europe’s best. The school has an international orientation and is guided by the Opus Dei ideology, which stresses corporate social responsibility and a people-oriented management strategy.

Citi, Bank of America, and Merrill Lynch are among the top recruiters for IESE Students with 25% of students landing a job. Students can join a Fintech Club, a Private Equity Club, or a Finance Club to better prepare for the sector.

Top B-Schools in Asia

  1. INSEAD, Singapore

Applicants can get admission to this business school through a standard admissions process. You can pick which of the three INSEAD campuses you want to attend for your MBA. In fact, candidates get an option of participating in an exchange program. 

  1. NUS Business School, Singapore

In the heart of Asia, NUS Business School provides a top MBA program. The 17-month program was ranked 21st by the Financial Times. Every year, NUS places 22% of its students in the finance industry.

Financial management and financial accounting modules are part of their academic core. Their experiential core includes a 5-day boot camp that helps students develop stronger communication and influencing skills, as well as an MBA survival kit in which students apply hypotheses-led thinking to project planning, structure and present a value creation model, and deliver solutions such as problem-solving, gap analysis, and value proposition crafting.

These top business schools will help you hone your finance knowledge and develop practical insights before you land a finance gig. We hope that this post has provided you with useful information to help you make an informed decision while assessing which b-school is best for you. You may also contact us for a free profile evaluation.