MBA in Finance
- Course Name: MBA in Finance
- Course Type: MBA - Master of Business Administration (Full Time)
- Course Sector: Business & Finance
- Course Duration: 18 months
- Credits: 180 UK CATS / 90 EU EC
- Entry Points Per Year: 6 x entry per year possible
- Next Starting Date(s): 21 May 2018, 27 August 2018, 15 October 2018
- Degree or Qualification: Master of Business Administration Accredited by FIBAA & NVAO
- Location: Amsterdam & Vienna Campus Only
- Tuition Fee: €18,300- (Complete program, €9,150- per year)
Wittenborg Graduates: €3.000- Partner Institutes: €2.000- Gold Award: €1.500-
Note: the MBA in Finance is only offered at our Amsterdam location from September 2018.
If you are looking to advance your career in financial management, or pursue a career in the finance sector or department of a company, then the MBA in Finance will enable you to make the leap into management roles from an existing position or prepare you to enter a new role at a management level.
The MBA in Finance is one of the specializations in our international MBA program offered at Wittenborg University Apeldoorn to full-time and part-time students from the Netherlands and around the world.
An international team of lecturers and business leaders has been designed this MBA for those ready to make the climb into management roles, either from an existing job or graduates with some work experience who are aspiring to become managers. Together with the traditional MBA building blocks, this MBA in Finance offers additional modules with a particular focus on international finance, investment and corporate finance.
Throughout the Wittenborg MBA, we take a strategic perspective on business and management, always from an international viewpoint, and help you to develop the skills to contribute to major decisions made by your current or future organizations that will help shape their future.
We welcome students from any academic or working discipline background to apply for this program. Many entrants to our Wittenborg MBA program do so with a science or technology background - it is not necessary that you have studied business or management before - the first semester equips you with all the tools you require to specialize further on the MBA in Finance program.
- Further develop your current skills and experience to a management level;
- Extend your interest in financial decision making;
- Develop a strategic perspective on business;
The Wittenborg MBA is delivered in a block format, with 2 modules being covered every 6 weeks. The classes are inter-disciplinary - you study shared modules in semester 1 with MBA students from different business specializations. Due to the rolling entry (6 times a year) groups are dynamic, extremely international and diverse.
The modules are delivered intensively over consecutive days in the so-called 'block format', which means that each module has 6 days of teaching split into two blocks of 3 days. Teaching methods include group work, case studies, presentations, and live projects. The course is delivered through a variety of approaches including lectures, presentations, tutorials and case studies, with an emphasis on interactive learning. Each module is taught by two lecturers, often a full-time Wittenborg lecturer and a guest lecturer from a partner university. Modules include regular guest speakers from industry.
Areas of study
Management subjects address key issues of strategy, marketing, operations, human resources, accounting and financial planning, studied in parallel with deeper international corporate finance and investment modules. Options include consultancy and multi-unit management. Students acquire research skills, which they can apply to academic or industrial projects.
• Human Resource Management
• Marketing Management
• Management Accounting & Finance
• Operations Management
• International Management
• Information Management
• Corporate Finance
• Financial and Monetary Economics
• International Finance
• Venture Capital and Private Equity
• Business Statistics
• Strategic Management
Throughout the program: Research Methods, 3 Project weeks, leading to the Final Project
The most traditional MBA employment field has always been the financial sector. An MBA in Finance is often followed by students from a wide range of backgrounds, and whilst the demand for MBA qualified staff is increasing, the finance sector still accounts for over 20% of all MBA jobs. Whilst many MBA Finance graduates find employment in the corporate financial sector, many larger companies SME's are snatching up MB graduates specialized in finance.
“An international business administration professional will develop into a career person who is able to organise, develop products, services, and policies, instigate and execute policies, perform under stress, control processes, analyse organisation traits, utilise human res-ources and plan their management, motivate staff and personnel, manage financial information, use information effectively, plan and organise campaigns, understand internal and external markets, interact with the surroundings, network, manage chains, communicate effectively, show leadership skills, manage meetings, present ideas, sell ideas and products, speak and write at least the English language, participate in company and organisation decision making and understand local and international cultures and the effects these have on the organisation and the individual.”
“Business Administrators can operate in financial or technical environments but also management and leadership settings and a combination of these. They must understand the need for leadership and motivate people. They must understand the impact of change and the need for innovation. The Business Administrator will understand the need for good communication skills and have a good understanding of society, economics and sustainability. Understanding the need for stable and solid management within a company, large or small is important. A business person in modern-day Europe needs to be able to communicate with people across the continent and across the world, and requires the ability to understand the effects of national and international governments on the business ventures they are involved in.”
Some popular career paths for MBA in Finance graduates include:
- Senior financial analyst;
- Financial controller or director;
- Manager of a finance department;
- Chief financial officer;
- Commercial or investment banker;
- Real estate or insurance finance manager;
“An MBA qualified Business Administrator is specifically able to manage a number of complex and integrated business operations within an international or a local setting, at both a tactical and strategic level, using skills and competencies that require a capability of inter-disciplinary thinking. They will show the ability to combine solid research and critical analysis skills to develop an organization’s corporate strategy within its business and cultural domain.”
MBA Enhancing Your Career!
MBA graduates are often fast-tracked into senior management positions and this MBA program has been designed for those who wish to pursue senior management positions or as preparation for further study in business, such as a DBA, or a Ph.D.
The MBA will further the careers of
- Dutch or other EU graduates who are working in an organization, managing people or processes, and are looking to improve their career opportunities within their current employment position. These students are supported by their employer and can study the program part-time;
- Dutch, or other EU graduates who have been working in an organization, managing people or processes, and are looking for a full-time MBA program that will increase their employability chances in an international market;
- International graduates in the Netherlands, who have a completed a Bachelor degree and have worked in an organization with responsibility managing people or processes, who are looking to improve their career opportunities, either at their current employer or in the search for a new opportunity;
- International students worldwide, from business or non-business fields, with a proven number of years managing people or processes within an organization. These students are looking for an English-taught, internationally orientated MBA program that can allow them to improve their career prospects in the job market either at home or in the Netherlands, either at their current employer or at a new organization, and possibly continue their studies at a higher level.
- a Bachelor degree or equivalent recognized qualification;
- Applicants are requested to provide an academic reference from their previous education institute;
- It is not necessary to have obtained a Bachelor degree from the domain of Business Administration, however in their degree students must have completed an academic piece of work (final project or dissertation) that shows a degree of academic writing and research experience.
- 3 years professional experience;
- Applicants are requested to provide a reference from a company or organization where they have worked;
English Language Requirements
- IELTS 6.5 or TOEFL Equivalent. Click here for an overview of the equivalent scores.
- the TOEFL Code of Wittenborg is 4889.
With its work experience requirement, the admission requirements reflect the national requirements in the Netherlands for entry into a professional Master such as the Wittenborg MBA. The English language proficiency level requirement is ½ a point higher than the minimum national requirements in the Netherlands.
There is no specific selection procedure for students wishing to enter the MBA, however, non-EU (visa) students are “screened” according to their background, in order for the institute to be able to guarantee their immigration status.
The screening comprises of an interview, collection and correlation of all IND required documents, including proof of sufficient funds, taking into account any scholarships provided by Wittenborg (Orange Tulip Scholarship, for instance) or by third parties (NUFFIC, EU, etc).
Applicants are required to provide a motivation letter in which they describe the reasons for choosing Wittenborg’s program, as well as the reason for wanting to study in the Netherlands (international students). Student motivation is important as the programs are demanding and especially for international students there is a criterion that they complete at least 50% of all their credits in a year.
International students who do not live in the European Union (EU) must apply 6-8 weeks before the entry date of choice.
Students living in the EU must apply 2-4 weeks before the entry date of choice.
In case you do not apply before the deadline, your application will be automatically changed into an application for enrolment to the next block unless you desire otherwise.
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Last updated May 21, 2018