One of the most pressing questions asked by students looking into a Global Finance MBA is simply, “How much can I make in global finance?” The answer to this question is as varied as the numerous positions that await graduates with a degree in global finance, but there are some pretty strong indications that the field remains one of the most lucrative in the corporate sector. In fact, almost all financial analysts can expected a media salary at or near the six-figure mark. That’s sure to boost the spirits of current students and make them feel just a bit better about the cost of business school tuition.
A Look at the Most Common Occupations and Their Salaries
To understand exactly what the salary picture looks like for graduates with a Global Finance MBA, it’s worthwhile to look at the jobs they’re most likely to fill upon graduation. These positions are highly varied, but there are some broad trends among them that seem to play to the global financial expert’s favor over the long-term.
Global Financial Analysts
Though work as a financial analyst often requires only a bachelor’s degree, work in global finance and investing often requires the more advanced training that only an MBA can provide. According to the Bureau of Labor and Statistics, those professionals who fill global financial analyst positions can expect to earn an average annual salary of nearly $80,000 per year. That equates to roughly $37 per hour, and is sure to be a draw for students who have an analytical mind, a solid understanding of international investment and trade mechanisms, and a keen eye for long-term investments that will benefit consumers or corporate employers.
Though many people initially enter into analyst positions immediately after graduation, most of them do this with an eye on promotion to the position of global finance manager. This is one of the most important roles in a modern business, since it handles the financial aspects of both domestic investment and international commerce. Accordingly, today’s businesses and conglomerates are more than willing to pay a handsome salary that rewards managers for their hard work, their extensive skills, and the wide-ranging implications of their successful financial management.
The Bureau of Labor and Statistics estimates that the average global finance manager earns $109,740 per year, or roughly $53 per hour. The profession enjoys steady, average growth around the world. American employers with international trade ties are the most likely to hire managers in this category, however.
Global Regulatory Managers
Finance manager are responsible for the big picture, but those who deal specifically with securities laws, trade agreements, local business laws, and other ethical considerations, also earn a hefty salary for ensuring that their employer remains within local and international guidelines. These professionals earn slightly less than those in global financial management, but they still take home about $71,720 per year on average, according to Glassdoor. That puts global regulatory managers at an hourly salary of approximately $34 per hour.
Related Resource: Financial Analyst
Great Career Options Await Graduates with Global Finance Skills
Those who have an eye for details and a fondness for international trade enjoy excellent salaries and advancement opportunities in global finance. With solid job growth and some of the best starting wages of any profession in the country, the answer to, “How much can I make in global finance?” is a positive and exciting one.
