Are Finance MBA's Key to a New Banking System?
October 15, 2008
By the My MBA Career Content Team – Find Top MBA Degree Programs
The US government this week announced a rescue plan for the nation's banks, which includes a $250 billion cash injection for bank recapitilization, it is claimed.
Some people have questioned whether the excesses of Wall Street - which may include large bonuses for bankers - have played a part in the economic downturn of the nation, a sentiment you may understand working in the finance sector.
It could be argued that people in the industry could consider studying for a finance MBA, which may not only teach you responsible banking, but provide an education that could be useful if there is a Wall Street overhaul.
Treasury guidelines for companies it holds preferred shares and warrants in must "not encourage unnecessary and excessive risks that threaten the value of the financial institution", risks that you may have witnessed while working in banks.
A decision whether or not to study for a finance MBA could be helped by Kolin Harry's blog on Article Pros, which notes that according to the US Department of Labor, if you have studied for a finance MBA you can expect to earn up to $130,000 a year if you reach the position of Chief Financial Officer.
Find a Top Online MBA Program Today – Getting Your Online MBA is One Step Away!
Related Article Topics: Finance
