Six benefits of studying an online masters in finance
Gaining the knowledge and experience to take your financial career to the next level can be difficult, particularly when juggling a current role alongside personal responsibilities. In a world led by technology, an alternative method of study which allows you to gain a qualification whilst working is online learning.
This blog outlines the benefits of studying a Masters in Finance and Strategy online, without pausing your career.
1. Study without taking a career break
Getting a part-time, online finance masters gives you the flexibility to study whenever you want, at your convenience. You will have deadlines to meet and online classes to attend, but when and how you complete the work is up to you. Traditionally, completing a masters course in finance would mean putting your career on hold; but, our course allows you to apply your financial experience to the course whilst implementing what you learn in the workplace to help you excel in your current role.
Many people cannot quit work or take time out to focus solely on studying towards a qualification, so online learning allows you to upskill in your finance career whilst remaining economically stable. As you are working, you will have an income, helping you to fund the course module by module, one of the many reasons busy professionals consider this route. And, with no pressure to travel, your sofa, a local park, or coffee shop is your classroom, creating a significant opportunity to gain your finance qualification from wherever you are in the world.
2. Gain a recognised qualification
Giving you the confidence and skills to manage the complexities of the global business, our specialised Masters in Finance and Strategy is led by academics from our Business School – part of an elite group of business schools worldwide to achieve the prestigious trio of accreditations from EQUIS, AACSB and AMBA. Simply, this means Manchester Metropolitan University meets a set of quality standards, ensuring that students receive high-quality education.
For you, this means you have access to superior finance training that employers recognise across the sector. It also applies the latest financial technologies and knowledge required by some of the most senior finance professionals now and in the future.
Plus, if you already have a professional finance qualification from a recognised institution, such as ICAEW, ACCA, CIMA or AAT, you could be exempt from up to four of the course’s nine modules. And with the option as part of the course to speed up your CIMA Professional Qualification by entering CIMA’s Masters Gateway route after you graduate, you’ll have everything you need to help your CV stand out.
3. Take on the future of finance
A 2015 report by Deloitte identifies five mega-trends that will change the future of finance. One is the increased connectivity across all sectors, but specifically how this will affect the finance industry. For example, the emergence of financial technologies has changed and will continue to alter the financial sector in the future.
The FinTech module on our Masters in Finance and Strategy online course gives you a strong understanding of financial technologies and the most promising applications that are emerging within the sector. The unit allows you to examine the impact of the technologies and potential risks for the future.
Immersing yourself in this course gives you the skills and knowledge to be at the forefront of financial adaptations. This can help you add value to your organisation, or switch careers into the financial sector and add value to a new employer.
4. Network with a global community of professionals
Through forums, group tasks and online classes, learning online gives you the opportunity to meet other like-minded professionals trying to build similar skills and knowledge, enabling you to expand your network. Building professional networks is an essential part of the modern finance sector and networking with individuals across different industries and businesses, allows you to share your knowledge with other professionals, while also gathering information or tips and advice to solve business-related problems.
5. Build resilience
An online course will help you build skills such as resilience, especially during unprecedented times. Adapting to an online setting with your studies and overcoming new issues that technology could bring will prepare you for the ever-changing future of the workforce, making you an attractive candidate for promotions and new roles.
This is not something new; McKinsey’s research on the 2008 financial crisis found that a small group of companies in each sector outperformed their peers. They did get hurt, with revenues falling, but they recovered much faster. What characterised the resilient companies was preparation.
Learning online will make you flexible to work in an online environment, a likely reality for many businesses going forward; for you, building these skills will put you in a great position for the future.
6. Become more self-disciplined
Studying online requires self-discipline and time management skills because it is your responsibility to complete assignments. Not having someone to monitor your deadlines can seem intimidating, but your regular catchups with academics gives you the guidance to succeed.
Plus, your dedicated Student Success Advisor will guide you through the course, helping manage the academic study around other commitments. As a result, you will have great time management skills and can become more self-motivated, a trait that will not only make you stand out as part of the online finance masters, but also in the workplace when applying for promotions or progressing your future career.
Online Masters in Finance and Strategy
If you want to be at the forefront of the finance industry, our 100% online Masters in Finance and Strategy allows you to combine your academic knowledge with professional experience virtually, not requiring a career break or interfering with other commitments in your life.
To register your interest, visit the course page.