Robin Weelborg: A masters degree holder is more qualified than a bachelors degree holder.MBA, I believe is masters in business admin.
Nicolasa Henke: I'm slightly confused.Did this hypothetical MBA holder do his Bachelors in Finance? If so, then obviously he is more qualified. He has both Finance and Management education, with a higher degree level.
Willetta Munhall: Most likely the MBA with a finance concentration is more qualified. Here is why: In most cases the student with a bachelors degree in finance has two years of general education requirements before starting the finance major. Possibly that student has taken financial and managerial accounting in the sophomore year, then took the required business courses in the junior and senior years, including the finance courses. The liberal arts major has four years of liberal arts courses, including a major in some non-business field. That student then gets some work experience in most cases before starting th! e MBA. The MBA requires two years of study which are similar to the junior and senior year of the finance major but more intensive. The MBA student takes a finance concentration and graduates with approximately the same background as the BS finance major but with two additional years of another undergraduate major plus some work experience. The MBA is therefore a more rounded and more experienced individual and more qualified to start work at a managerial level.MBA programs accept students in any undergraduate field. They prefer students who do not have a business background because they give you the business training but they cannot provide the broad background that managers should have. I have taught MBA students with degrees in Music, Medicine, Dentistry, Law, Psychology, Political Science, Chemistry, Biology, Engineering, and many other fields. Most MBA programs prefer students with 2-3 years work experience after the first degree., Some accept students right out of col! lege if they have good grades and a high GMAT score. Some MBA ! programs are designed specifically for new college graduates without work experience. But in those programs you don't get the benefit of learning from other students who have work experience. A lot of valuable learning takes place through class interaction.Universities don't grant the MBA in information systems, or MBA in finance, or MBA in marketing. They grant the degree Master in Business Administration, or they offer the MS in finance, MS in marketing, etc. The MBA is a general degree preparing students for management positions in any level of a business, up to CEO. MBA students study accounting, finance, marketing, management, statistics, economics, strategy, policy, and other courses. Many MBA programs offer concentrations in these and many other fields, which amounts to several elective courses in your chosen field in the second year of study. Many students avoid a concentration and take a variety of elective subjects to gain a broader background. The finance major v! ery likely takes an elective accounting course in addition to the finance courses, to complement the finance education. Before you decide on an MBA program explore the Internet for information on available programs. There is a lot of information available. Some sites are limited to specific countries, such as Germany, UK, or Australia. There is a comprehensive free public service with more than 2,000 MBA programs listed worldwide. The nice thing is that it allows you to find the program that best fits you. It allows you to search for programs by location (US, Europe, Far East, etc.), by concentration (finance, marketing, aviation management, health management, accounting, etc.), by type of program (full-time, distance learning, part-time, executive, and accelerated), and by listing your own criteria and preferences to get a list of universities that satisfy your needs. Schools report their accreditation status (look for AACSB accreditation or at least AACSB membership), tui! tion cost, number of students, class sizes, program length, and a lot o! f other data. Schools provide data on entrance requirements, program costs, program characteristics, joint degrees, joint degrees such as MBA/JD, and much more. You can use it to contact schools of your choice, examine their data, visit their web site, and send them pre-applications. You can see lists of top 40 schools ranked by starting salaries of graduates, GMAT scores, and other criteria. some of the other sites are less comprehensive, but all are useful....Show more
Mitzie Clough: Check on Investment bank website or banking magazine
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