If you’re reading this, chances are that you already have your foot in the door of a financial career. In fact, statistics by APFA show that there are now over 23,800 staff working for financial adviser firms in the UK.
However, that number is not quite enough. In Intelliflo’s recent ‘Growing your financial advice business’ white paper, it was discovered that there are a lack of candidates available to the industry. As Steve Preston, managing director of Heat Recruitment noted in the report,
this is becoming a much tougher market as firms only look for qualified professionals to fill their vacancies.
A survey conducted by The Association of MBAs (AMBA) found that the number of respondents in senior management roles went from 12.8% before studying an MBA to over a third following their graduation. Many respondents also found themselves receiving a promotion immediately after graduating from their MBA.
To get by in the financial industry, you need to stand out and show your worth. Having an MBA in financial services could be just the asset you need to get noticed in a thriving sector. Here are some of the ways in which an MBA can help advance your career and reach your goals.
An MBA in Financial Services will equip you with the skills and knowledge required to adapt to the current economic climate.
The modules covered in an MBA course assess and improve upon your ability to manage and maintain business excellence, improve human performance and increase customer value. All of this knowledge will be put into good use when you graduate and situations arise that will require you to demonstrate your new managerial expertise.
MBA courses are taught by experts who are at the top of their profession and know the industry inside out. This means that the information you are taught is up-to-date and tailored around a changing business environment.
The courses look at how world events are affecting the world of business and examine techniques which can be adapted and put to use. Obtaining this knowledge allows you to think creatively, on a global scale.
It’s estimated that MBA graduates can have an average lifetime earning of two to three times more than somebody with an undergraduate degree. This means that an MBA will set you apart from the rest and give an edge in your career progression. Wherever your career takes you, you can be safe in the knowledge that the degree you possess encourages the utmost respect from prospective employers.