View the complete ranking of MBA finance specializations here.
The QS MBA by Specialization Rankings 2019 were just released, and they offer information on the best business schools and MBA programs in the world for seven different areas of specialization.
For each of the seven areas, schools are ranked according to their reputation with employers, the strength of their research, and the number of job placements they have successfully placed MBA graduates in. A score of one hundred is given to each of these three indicators.
With 33% of its alumni entering a related industry, The Wharton School has been named the finest business school in the world for focusing in finance. The full list of the top 10 is provided below.
QS MBA by Specialization Rankings 2019: Finance
|Rank||Business School||Location||% of graduates going into relevant industry or function, based on 2017 employment data|
|1||The Wharton School||Philadelphia (PA)||33|
|2||Harvard Business School||Cambridge (MA)||31|
|3||Columbia Business School||New York (NY)||34|
|4||The University of Chicago Booth School of Business||Chicago (IL)||30|
|5||Stanford Graduate School of Business||Stanford (CA)||32|
|6||London Business School||London (UK)||26|
|7||Saïd Business School||Oxford (UK)||29|
|8||NYU Stern School of Business||New York (NY)||32|
|8||Rotman School of Management||Toronto (ON)||37|
|10||The Fuqua School of Business||Durham (NC)||20|
10) The Fuqua School of Business
According to our Global MBA Rankings 2019, the Fuqua School of Business at Duke University, located in Durham, North Carolina, is among the top 20 institutions in the world for full-time MBA study.
Fuqua received scores of 80 for its reputation as an employer and 92 for the quality of its research, and 20% of its graduates went on to work in the banking industry after graduation.
There are two financial concentrations available to MBA students:
- Corporate finance, which determines the best investment plans for businesses and how to finance them;
- Investments is the study of assets (stocks, bonds, options, etc.) and methods through which investors might accomplish their objectives.
Duke MBA students have the chance to obtain a Certificate of Excellence in Finance in addition to the MBA program.
Student organizations that focus on finances include:
- Club for Asset Management.
- The Club for Entrepreneurship and Venture Capital.
- Club Financial.
- Club for Private Equity.
9) Rotman School of Management
The Rotman School of Management is our sole Canadian institution in the ranking for the finance specialization, and it is located in downtown Toronto.
In our 2019 QS Global MBA Rankings, Rotman’s full-time MBA earned a spot among the top 50 MBA programs worldwide. Furthermore, Rotman received scores of 83 for career placement, 60 for employer reputation, and 91 for research strength, which isn’t too shabby for an MBA program with a financial focus.
It’s also important to note that the greatest percentage for this specialty, 37% of graduates pursued professions in finance after graduation.
Full-time costs for the Class of 2020 are CAD$104,380 (US$77,744) for Canadians and permanent residents and CAD$116,610 (US$86,853) for foreign students for both years.
8) NYU Stern School of Business
NYU Stern is situated close to the hub of American finance, Wall Street, in Manhattan, just a short distance away.
At Stern, financial topics are divided into two main categories: macrofinance and microfinance, which deal with financial markets and the global financial system, respectively.
Professor Robert Engle, who received the 2003 Nobel Prize in Economics, is among the members of Stern’s finance faculty who have garnered several honors for their research and teaching.
Students have the chance to collaborate with experts in the field and take part in practical learning initiatives like the Michal Price Student Investment Fund.
Graduate Finance Association, Real Estate Club, Stern Investment Management and Research, and Stern Private Equity Club are a few student organizations focused on the financial industry.
7) Saïd Business School
With scores of 75 for job placements, 100 for employer reputation, and 93 for research strength, the one-year MBA (financial track) is highly rated. 29 percent of graduates work in the field.
Applications for the Oxford Sad Finance Lab are accepted from students enrolled into a relevant financial program at Oxford Sad. Through online and in-person finance and valuation modeling courses, case studies provided by top banks and companies, and participation in challenges, the program assists students in breaking into the investment banking, private equity, and asset management industries.
315 students, 62 nationalities, 93 percent of international students, 39 percent of female students, an average of five years of work experience, and a median GMAT score of 690 were the characteristics of Sa’d’s MBA class for the 2018–19 academic year.
6) London Business School
Given its position as the top institution in one of the world’s financial capitals, London Business School enjoys a well-established reputation in the field of finance.
At LBS, students can choose from more than 70 electives to create a unique MBA. You have a few options if you want to focus your MBA on finance:
- Contemporary corporate finance.
- Financial institutions and banks.
- Investing in distress.
- Fixed-income investments.
- A hedge fund.
- Property financing.
5) Stanford Graduate School of Business
Stanford took first place in our Global MBA Rankings for 2019, and it may be proud of graduates like Phil Knight, co-founder and chairman of Nike, and Mary Barra, CEO of GM (the highest-placing Fortune 500 company to have a female CEO at its helm).
A first-year MBA student’s attendance expenses for the 2019–20 academic year are US$113,917 for a single student and $138,523 for a married student.
Students from 63 nations, 172 undergraduate institutions, and 306 organizations make up the 2020 Stanford MBA class. There are 319 students in the class, 41% of whom are female, 42% come from outside the country, and they have an average GMAT score of 732.
4) Chicago Booth School of Business
The first institution on the list with scores of above 90 for all three rating categories is Booth (92 for career placements, 100 for employer reputation and 92 for research strength). Graduates who work in finance in some capacity make about 30% of the workforce.
“A substantial percentage of students pursue MBA interests in finance and banking,” claims the Chicago Booth website. Booth provides opportunities to learn in a variety of fields, including impact investing, private equity, and corporate finance.
Financial markets and institutions, portfolio management, advanced investments, and financial instruments are all covered in Booth’s finance courses.
There are 591 students in the 21-month MBA class of 2020, students from 52 different countries are represented, the average GMAT score is 731, and students have five years of work experience on average. Additionally, tuition is expected to cost students US$108,683.
Fun fact: Only the University of Cambridge has produced more Nobel laureates overall than Booth (28) in the field of economic sciences.
3) Columbia Business School
One of the world’s oldest business schools, CBS is located in New York City and dates back to 1911.
The future of financial services, impact investing, and applied value investing are a few of Columbia’s finance-related electives.
And some CBS clubs may help with that if you want to hone your financial skills even further, such as:
- Association for Columbia Student Investment Management.
- Club for Columbia wealth management.
- Financial and professional skills in the community.
- Club for equity research.
- Club for investment banking.
First-year students paid a base budget of US$110,978 for the academic year 2018–2019, which included tuition, required fees, health care & insurance, and other expenses.
2) Harvard Business School
Harvard Business School, which was established in 1908 and is located in Boston, is one of the most well-known business schools in the world. It places highly in practically every MBA specialization.
Corporate financial operations, building value through corporate restructuring, conducting business in Africa, entrepreneurial finance, investing in emerging markets, and more are a few of the financial specializations MBA students at HBS can choose from.
Depending on your particular circumstances, you may pay different amounts to attend HBS: for the academic year 2019–20, single students will pay US$110,740, married MBA students will pay US$128,902, married students with one child will pay US$144,670, and so on.
1) The Wharton School
Table-topper Wharton has a long history of being regarded as a financial powerhouse, and this year’s speciality is no exception.
Wharton received flawless grades for employer reputation and job placements, as well as a score of 98 for research strength.
The two basic courses (FNCE 611, Corporate Finance, and FNCE 613, Macroeconomics and the Global Economic Environment), as well as four upper-level elective finance credit units, must be taken by students who want to major in finance. The school also just opened the Stevens Center for Innovation in Finance, which aims to foster innovative instruction and research as well as involvement from both students and business in areas related to the transformative effects of information technology on financial services.
The cost of attending a prominent university will be felt by MBA students at our winning college, who must pay US$111,900 for the academic year. But it must be worthwhile if it opens the door to a career in finance, right?