With the rising power and importance of multinational corporations, the spread of globalization, and the increased interest among a large segment of the population for investment opportunities (much of it aimed toward retirement security), financial expertise is becoming more important in the workplace, particularly for mid- and upper-level management.
The vaunted MBAs of two decades ago provide information that is often too general to meet the needs of today's internationally oriented finance industry, and so colleges and universities have responded with more targeted degree programs. The programs cover financial theory and analysis, as well as team building and management skills, and are designed for practical application in the banking, investment, and insurance industries. The world of corporate financial decision making, which is geared toward maximizing company value and shareholder returns, is finding value in the new degree programs, as are governmental agencies at the local, state, and federal levels. These agencies, charged with making financial decisions and crafting policy, look for new hires who have a solid understanding of finance.
The vaunted MBAs of two decades ago provide information that is often too general to meet the needs of today's internationally oriented finance industry, and so colleges and universities have responded with more targeted degree programs. The programs cover financial theory and analysis, as well as team building and management skills, and are designed for practical application in the banking, investment, and insurance industries. The world of corporate financial decision making, which is geared toward maximizing company value and shareholder returns, is finding value in the new degree programs, as are governmental agencies at the local, state, and federal levels. These agencies, charged with making financial decisions and crafting policy, look for new hires who have a solid understanding of finance.