Advances in technology continue to break down barriers – and borders – making it easier to move money internationally. As a result, hiring managers in the financial sector are keen to recruit candidates with knowledge of the international financial market.
In this article, we will explore how an MBA in Global Banking & Finance can help you land a job in this highly competitive field, and share potential career options for graduates of this program. But first, what are the advantages of studying for an MBA in Global Banking & Finance?
Reasons to Study Global Banking & Finance
1. Learn about the latest industry trends and developments
Studying Global Banking & Finance at EU Business School means learning from academics, entrepreneurs, and business leaders at the cutting edge of their fields. We recognize that there’s no substitute for experience, which is why we’ve created a dynamic, hands-on learning experience that’s designed to foster an entrepreneurial spirit. When you’re working full-time, however, there’s not always time to keep up with the latest news and innovation in your sector.
The global financial market is constantly changing. Currently, crypto assets and central bank digital currencies (CBDCs) are transforming the way we make payments and do our banking. In our MBA program, you will develop all the fundamental skills you need to succeed in this industry and learn about the latest trends affecting the market. Start your learning journey today with our recent post on The Fundamentals of Blockchain according to visiting speaker, Kathrin Wolff.
2. Embrace the chance to travel the world and work internationally
A degree in Global Banking & Finance gives you the opportunity to pursue an international career. You will gain a global insight into the industry, enabling you to work across borders and making you employable within the world’s major financial hubs. Our MBA program is designed to give students a broad understanding of, and an international perspective on, the changeable nature of finance.
3. Master a variety of skills for use in your future career
This course covers various aspects of the finance industry, including financial organizations and operations, the challenges of today’s economy, and financial management within global institutions. It’s designed to equip you with the tools to handle the practical challenges you’ll encounter in a finance-centered career, and to develop an analytical approach to problem-solving and leadership.
Our curriculum covers a wide range of subjects which are relevant to domestic and international finance positions within a variety of companies and organizations, such as:
- Financial reporting and analysis
- Global economics
- Legal issues and business ethics
- Retail and corporate banking
- Digital business finance
To get a full breakdown of the modules and course content on offer, check out the Course Structure page on our website.
Top 10 soft skills you need for a career in finance
In addition to the academic skills you’ll be taught as an MBA student, hiring managers will be looking for evidence of the soft skills you’ve picked up during your time at university. “Soft skills” are non-technical, personality-based attributes which will give interviewers some indication of how you work. Possession of these may just help set you apart from the other qualified candidates in this dynamic and highly competitive industry.
According to Reed UK, these are the top 10 soft skills you need to master to succeed in the financial sector:
4. Critical thinking
8. Problem solving
Our Global Banking & Finance graduates possess an international mindset, multicultural awareness, and analytical problem-solving skills. This opens up a wide range of career paths and business opportunities for them at a variety of institutions. Over the years, we have seen our alumni start their own businesses and go on to hold senior-level positions at multinational corporations. Their job titles have included:
1. Chief accounting officer
Chief accounting officers are responsible for an organization’s accounting department, its operations and financial reporting. Their functions include overseeing ledgers, assets, credit, collections and accounts, creating and controlling budgets, managing taxes and ensuring organizational compliance with laws and regulations, among others. These professionals also supervise internal and external audits and are required to determine process improvements for increased efficiency. Their tasks also include writing reports for management.
2. Hedge fund analyst
Hedge fund analysts work on behalf of hedge funds and are tasked with achieving high profits from investments. They search for attractive investment opportunities by analyzing company report, and by staying abreast of market transactions, industry trends, macroeconomic indicators and market forecasts. These professionals typically report their findings to portfolio managers. They are required to monitor the results of investments made and advise according to performance.
3. Investor relations manager
Investor relations managers are in charge of managing the communication and relations between an institution’s management and its investors. They release financial, operational and strategic information to investors in order to maintain or increase share price. Investor relations managers organize shareholder meetings and issue press releases, among other communication tasks. They also respond to investor queries and generate investor interest when a company is looking to float on the stock exchange.
4. Credit manager
Credit managers are tasked with managing the credit process of an organization and ensuring the creditworthiness of its customers. These professionals accept and reject credit demands, negotiate the terms and conditions of loans. They oversee the payment of purchases, and review and document the organization’s credit policies and procedures. They ensure that all contracts abide by local law and regulations. Their aim is to optimize an organization’s profits and reduce its risks to maintain financial health.
Why study at EU?
EU Business School has a global reputation for the quality of its teaching and learning experience. Our MBA program has been awarded Top Tier status by CEO Magazine for the last eight years and is ranked highly as a European and global degree course by QS, Forbes, and América Economia.