Financial Manager

Choose your pathway: Financial Manager

A Master’s in Business Administration is a versatile degree that can lead to a variety of roles. A specialized MBA, like the online MBA with a Finance concentration, can help even more. Specializing your skills and experience gives you an advantage over your competition, which makes landing your ideal role that much easier.

What kind of careers can an MBA with a Financial concentration prepare you for? One option is a financial manager.

What do financial managers do?

What do financial managers do?

Financial managers help keep organizations in nearly every sector financially healthy. Professionals interested in a career as a financial manager must be able to create financial reports, understand investment strategies, and think critically and proactively about long-term financial goals. Approximately 30% of managers work in finance and insurance industries, while the remainder work with government entities, private corporations, and professional services.

A financial manager’s daily activities may vary depending on the organization, but most typically are tasked with the following responsibilities:

  • Preparing financial statements, business activity reports, and forecasts
  • Supervising financial employees and departments
  • Completing company financial reports
  • Analyzing market trends, profit maximization, cost cutting, and expansion opportunities

What is the career outlook for financial managers?

Finance is a great field for steady career growth. No matter the state of the economy, companies need financial experts to protect their assets and increase their bottom line. That’s why financial management is projected to add 593,500 jobs from from 2014 to 2024 (U.S. Bureau of Labor Statistics, 2016). That’s 593,500 new opportunities for qualified business experts.

As globalization increases, career security for financial managers is likely to increase as well. The U.S. is a major international financial center, which means the number of corporations working with foreign markets is growing. Many of those companies will need financial managers to ensure their financial health.

What can you earn as a financial manager?

Financial management is all about numbers. One number that stands out is this role’s earning potential. In 2015, the median annual wage for financial managers was $117,990. The highest 10% earned more than $187,200 (BLS).

The median starting salary for MBA graduates in 2015 reached $100,000, a $45,000 jump from bachelor’s-level business professionals (Graduate Management Admission Council, 2015). Finance MBA graduates can expect even more. Finance-focused MBA graduates earn a median salary of $130,000, making Finance one of the highest-earning MBA concentrations available at the mid-career level (Poets & Quants, 2016).

What courses can prepare you for financial management?

ACCT 652
Accounting Information and Control Systems
BSCI 650
Personal and Leadership Development Workshop
DESC 656
Quantitative Analysis for Business Operations
ECNM 657
Prices, Profit, and the Market Economy
FINC 655
Financial Management of the Firm
FINC 667
Global Capital Markets and Institutions
FINC 668
Valuation and Corporate Combinations
FINC 669
Investments and Portfolio Management
LEGL 653
Political, Regulatory, Ethical, and Legal Issues of Business
STGY 659
Strategic Management

What can these courses teach you? Find out with an in-depth view of our curriculum now.

What are some related career paths?

If you’re interested in a career in business or finance, but financial management isn’t for you, you have options. Explore these related career paths to see which one works best for your goals.

What’s your next step?

The online Master of Business Administration degree from Pepperdine University can help you lead business on a global scale.

Step 1:

 and get started.

Step 2:

An enrollment advisor will contact you to start the enrollment process and answer any in-depth questions not covered in our FAQ.

Step 3:

Explore our online blog to read more about our online MBA program, the Graziadio School of Business and Management, and the latest business trends and issues.