What Are the Most Popular Business Master’s Degrees?
When it comes to specialized business master’s degrees, there’s no one answer.
If you’re looking to accelerate your career or gain in-depth knowledge in a specific field, a specialized business master’s degree is a great option. But navigating the complex world of programs, concentrations, and job opportunities isn’t always easy. Start by getting acquainted with the degrees and specialties available so you can feel confident about the decisions you make. Below you’ll find an introduction to some of the most popular business master’s degrees and how you can apply them.
Master of Finance
A Master of Finance (MSF or M.Fin) is second only to an MBA when it comes to the most popular business master’s degrees.1 If you choose to pursue an M.Fin, you can tailor your degree to your interests by specializing in quantitative or computational finance, financial analysis, risk management, and more. When it comes to the most in-demand finance jobs of 2018, chief financial officer, financial analyst, internal auditor, and insurance underwriter top the list.2 Click to learn more about the Master of Finance degree.
Master in Management
Second in popularity: a Master in Management (MiM).3 Many undergrads and bachelor’s degree holders with nonbusiness backgrounds utilize a MiM to launch managerial positions in the business world.4 You can expect to get a broad introduction to common business topics and principles with a heavy focus on the theoretical side of management. Note that a MiM is not to be confused with or replaced by an MBA, click to read more about the differences.
Master of Accountancy
If you’re hoping to work as a Certified Public Accountant (CPA), auditor, or corporate controller, consider a Master of Accountancy (MAcc, MAc, or MAcy) degree.5 These popular degrees offer concentrations in areas such as internal auditing, information technology, taxation, or forensic, managerial, or environmental accounting. Familiarize yourself with the Master of Accountancy degree.
If you’re interested in pursuing the CPA credential in the US, obtaining a Master’s in Accounting (or an MBA) can accelerate your journey. Most states require 150 hours for certification. Your bachelor’s degree gets you to the minimum 120 credit hours—and the additional 30 credit hours can be earned through a graduate accounting program. To explore Master of Accountancy programs that fit your goals, visit the Program Finder.
When it comes to specialized business master’s degrees, there’s no one answer for which degree you should get. Consider your skills and interests, your desired career path, and your professional goals as you research your options and begin your b-school journey.
To learn more, complete your mba.com profile. Pro tip: don’t forget to opt in to have schools connect directly with you based on your interests and career plan.
1. GMAC Prospective Students Survey 2018.
2. D'Amore-McKim School of Business. (August 30, 2018). The Four Most In-Demand Finance Jobs of 2018. Retrieved November 8, 2018 from: https://www.northeastern.edu/graduate/blog/top-finance-jobs/.
3. GMAC Prospective Students Survey 2018.
4. Grad School Hub. (n.d.). What are the Different Types of Master’s in Business Degrees? Retrieved November 8, 2018 from: https://www.gradschoolhub.com/faqs/types-masters-business-degrees/.
5. Coursera. (March 21, 2018). 7 High Paying Jobs That Could Be Yours With a Master’s In Accounting. Retrieved November 8, 2018 from: https://blog.coursera.org/7-high-paying-jobs-masters-accounting/.