Can a IT background student get admission for MBA in Finance?

Question

Hi,

I'm currently working as a developer and will be having 2 years work experience by the time of applying to B-schools. I will be applying for fall 2024. I have pursued BE in computer science. Can I get admission for MBA in finance in USA? Or Is it mandatory to have work experience in finance sector? I'm really confused. It would be helpful if you guide me on this.

Considering my GMAT score - 720
Work experience - 2.5 
CGPA - 8.4

Admissionado · Answer

ritika888888 :

No, you don't have to have pre-MBA experience in a given field to pursue a degree in that field. In fact, you could make the argument it might even make less sense for someone with practical training to pursue a degree in that same field. Many people who pursue MBAs do so because they want to pivot or change careers. Studying a field in which they are less familiar is one way to do that.

In your application and, specifically your essays, you will need to make an argument as to why you want to study finance and what type of career you will seek post-MBA. That will be relevant to putting together a convincing and interesting application story.

napolean92728 · Answer

Could somebody guide how can an IT background applicant build a relevant profile to get admitted into MBA Finance?

ExpertsGlobal · Answer

Hello  napolean92728 ,

This will not be straightforward; however, if you can showcase interest in Finance through aspects such as CFA, taking up other Finance Certifications, or a relevant job in the domain, you may find it simpler.

All the best!

napolean92728 · Answer

TBH, I have noticed everyone doing the same thing, finance certs and CFA? how could your application stand out among them?

MBAandBeyond · Answer

Hi  napolean92728  ! Looking at current market conditions, this narrative would be extremely hard to support. I think you should split your overall goal into:
- Getting an admit first
- Getting into Finance

Will be more than happy to expand upon it over a call  (book a session) . Can you please share: How much is your score? What schools are you targeting? Please provide a brief introduction.

Cheers!
Shantanu Sharma
 Founder and Admissions Consultant, MBA and Beyond

MBADecoder · Answer

The job market has been horrible past year or so, and employers are more likely to seek out applicants who already have some relevant skills and can get on the job running as compared to training someone with no practical experience. So, just CFA charter and finance certificates will not be enough. It makes more sense to get into the finance sector pre MBA and then move up the ladder - i understand it's easier said than done.

Another factor that will matter is- how much work experience do you already have? Its easier for early career candidates to make pivots as compared to someone with substantial work exp in a different industry/function. IMO, you should play to your strengths in the MAB application process; your story will come across as more believable in that case.

Would be happy to chat further.

Namita Garg,
 Founder,  MBA Decoder   
 Email:    contact@mbadecoder.com  
 Reach out to us for a  Profile Evaluation 
 Helping applicants achieve their MBA dreams since 2011

Can a IT background student get admission for MBA in Finance?

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