Online MBA concentration in Financial Management
Strengthen your ability to enhance the financial viability of any organization. Build critical thinking and leadership abilities as you deepen your understanding of global business perspectives.
Apply by:
23/04/10
Program Overview
Discover the career advantages of an online Financial Management MBA
Explore the intricacies of domestic and international finance with the Sprott online MBA concentration in Financial Management from Carleton University. Using experiential learning, case studies and a curriculum honed by an advisory board of leading practitioners, this AACSB-accredited financial management degree provides career-relevant knowledge and critical skills you can use immediately.
Immersive coursework covers financial reporting, control, performance evaluation and forecasting used to solve complex issues in the public and private sectors. Develop expertise in enterprise risk management, investments and valuation, as you build awareness of financial rules and regulations, foreign exchange markets, and best practices for mergers and acquisitions.
As a graduate of this program, you will be able to:
- Apply critical thinking and proven finance and accounting strategies to resolve complex financial management issues
- Understand capital budgeting, risk/return analysis, valuation, forecasting and corporate governance, including implications of the Sarbanes-Oxley Act
- Know how accounting principles, practices and financial reporting requirements differ between public and private sectors
- Comprehend the effect of international capital budgeting, currency quotation methods and political risk on international finance and investments
- Understand core business functions and the use of strategic leadership to promote collaborative teamwork
- Appreciate the global nature of business and know when and how to respond to changing international conditions
- Apply critical thinking and proven finance and accounting strategies to resolve complex financial management issues
- Understand capital budgeting, risk/return analysis, valuation, forecasting and corporate governance, including implications of the Sarbanes-Oxley Act
- Know how accounting principles, practices and financial reporting requirements differ between public and private sectors
- Comprehend the effect of international capital budgeting, currency quotation methods and political risk on international finance and investments
- Understand core business functions and the use of strategic leadership to promote collaborative teamwork
- Appreciate the global nature of business and know when and how to respond to changing international conditions
Career opportunities:
- Business Performance Manager
- Corporate Controller
- Director of Finance
- Financial Services Manager
- Management Consultant
- Senior Financial Analyst
- Business Performance Manager
- Corporate Controller
- Director of Finance
- Financial Services Manager
- Management Consultant
- Senior Financial Analyst
Also available:
Carleton University offers a variety of MBA concentrations. Check out all of the options available for Sprott's online MBA programs.
Total Tuition:
$12,748*
Program Duration:
12 - 24 months
Credits:
7.5
Accreditation
The Sprott School of Business is accredited by AACSB International (AACSB). Less than 6% of the world's schools offering business degree programs hold AACSB business accreditation.
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Tuition
Receive a top-quality education at a low cost
Earn a highly valued online MBA for less than you’d expect. Our affordable tuition and accelerated online programs save you time and money.
*These are base tuition fees only for an Ontario resident student. Rates will also vary based on your residency (Ontario, out-of-province Canadian and international). For a full fee breakdown, please use our Fee Estimator Tool.
Tuition:
Total Tuition
$12,748*
Calendar
Learn more about key deadlines
Ideal for working professionals, Carleton’s online programs feature multiple start dates each year so you can begin at the time that works best for you.
| Term | Start Date | App Deadline | Document Deadline | Registration Deadline | Tuition Deadline | Course End Date |
|---|---|---|---|---|---|---|
| Winter 2 | 23/02/27 | 23/02/15 | 23/02/15 | 23/02/27 | 22/11/25 | 23/04/16 |
| Summer 1 | 23/05/01 | 23/04/10 | 23/04/10 | 23/05/01 | 23/04/25 | 23/06/18 |
| Summer 2 | 23/07/03 | 23/06/12 | 23/06/12 | 23/07/03 | 23/04/25 | 23/08/20 |
Now enrolling:
Apply Date
23/04/10
Class Starts
23/05/01
Need more information about our online programs?
Ready to take the steps toward earning your degree online?
Admissions
See how to apply to the online Financial Management MBA
Our streamlined admission process makes it quick and easy to apply to Carleton University. Please read the requirements for the online MBA with a Financial Management concentration, including the materials we need and how to submit them.
Admission Requirements:
- Bachelor’s degree Minimum 2.75 GPA (B average)
- GMAT waiver available
You must meet the following requirements for admission to this online MBA program:
Submit online application and pay the $160 application fee
Bachelor's degree from an accredited university
Minimum 2.75 GPA (B average)
Transcripts from all post-secondary studies submitted directly from the granting institution
- Electronic transcripts (preferred) will be accepted from Canadian and US institutions and considered official if sent directly from the institution’s Registrar’s Office or other verified records office. Electronic transcripts must be sent to [email protected]
- Physical copies of official transcript(s) (if required) must be mailed directly to Carleton from your home institution in a sealed university envelope from the office issuing the transcript(s). Official transcript(s) must indicate that your degree has been conferred. The mailing address is:
Graduate Admissions
512 Tory Building, Carleton University,
1125 Colonel By Drive, Ottawa, Ontario, Canada
K1S 5B6
Statement of Intent
- Type a brief response to the following prompts (not to exceed 1000 words total): Please outline your reasons for choosing the Sprott MBA program
- Please describe how your professional and personal experience has contributed to your interest in and knowledge of business.
- If you are ultimately admitted to the Sprott MBA program, please describe how you believe completing the Sprott MBA will enhance your ability to achieve your career goals.
Once you have completed your responses, upload in the online application.
2 Letters of Recommendation
- For each reference, input contact’s name and email address in the application
- Carleton University will email the reference to ask them to complete a letter of recommendation using a form specific to your application. If your contact does not see this email after you have submitted your application, advise them to check their spam/junk folders in case it has been filtered there.
- The reference will be able to submit their recommendation directly back to Carleton University on your behalf. For applicants with less than four years of professional work experience, two academic references are required. For applicants with a minimum of four years of professional work experience who have been outside academia for more than four years, two professional recommendations from superiors are required. Professional references can be completed through the same reference form, which will be emailed to your referees once you submit your application.
2 years of full-time professional experience in a management or leadership role
- Professional experience is defined as holding positions which include managing or supervising team members and may include responsibility of a large portion of a project life cycle; managing time, budget and resources; leading a team in developing needs assessments, processes, and delivery options; strategic and financial planning; or collaboration with key stakeholders.
CV or Resume (PDF format) to be uploaded with the application
- For help on your resume submission, see our Resume Tips.
Valid GMAT or GRE Exam Scores (GMAT waivers available for request within application.)
- Applicants who have demonstrated strong academic performance in prior undergraduate or graduate studies and have significant professional work experience may request a GMAT/GRE waiver.
- To request a waiver to include with the application, download and complete the GMAT Waiver Request form and upload the completed document under the test score tab as a GMAT Results document.
- In lieu of the GMAT, candidates may be required to complete a series of self-paced, online modules through mbamath.com and meet the minimum criteria (see the notes below) in order to be considered for admission.
- MBAmath.com: We require applicants to complete the Accounting, Finance, Economics, Statistics and Spreadsheet modules with an overall minimum score of 80% in each module. We encourage each applicant to complete the tutorial accompanying each module prior to beginning the coursework of each module. Although the coursework is completed at one’s individual pace, the average time for completion of all modules is normally between 20 and 40 hours.
Courses
Review the curriculum for the online Financial Management MBA
For the online MBA Financial Management, you must complete 4.25 credits of core courses, 2.25 credits of concentration courses and 1 credit of elective courses chosen from the other concentrations. Students whose basic quantitative math skills are dated or limited may be required to take MBA Math, a self-paced levelling course.
Duration: 7 weeks
Credit Hours: 0.25
Fundamentals of financial accounting. Techniques used to measure business transactions, preparation of financial statements, recording and valuation of assets, liabilities and equities.
Duration: 7 weeks
Credit Hours: 0.25
Fundamentals of managerial accounting and control. Techniques for management decision-making, planning, and control including cost-volume-profit analysis, product costing, variance analysis, relevant costing, transfer pricing and the balanced scorecard.
Duration: 7 weeks
Credit Hours: 0.25
Techniques for using data to make an informed use of statistics. Applications, interpretation and limitations of results. Sampling, descriptive statistics, probability concepts, estimation and testing of hypotheses and regression, using practical business situations.
Duration: 7 weeks
Credit Hours: 0.25
Impact of corporate decisions on society. Models and standards of business ethics and corporate social responsibility (CSR). Methods of measuring and reporting. The rise of corporate power, stakeholder analysis, corporate governance, sustainability, national and international pressures on CSR.
Duration: 7 weeks
Credit Hours: 0.25
Overview of finance from the perspective of the financial manager. Corporate governance issues, financial markets, time value of money, valuation and yields of financial securities, capital budgeting, financial statement analysis, and the trade-off between risk and return.
Precludes additional credit for BUSI 5504.
Duration: 7 weeks
Credit Hours: 0.25
Aspects of corporate finance of most concern to managers: investment, financing and payout decisions, corporate restructuring. Case studies will be used.
Duration: 7 weeks
Credit Hours: 0.25
Managerial and strategic implications of differing international environments for a variety of business functions including structure and control, managing human resources, marketing, finance and logistics. Complexities of working across political and cultural boundaries.
Duration: 7 weeks
Credit Hours: 0.25
Key issues in managing of information systems in organizations. Business and information technology challenges faced by managers and how decisions are made about acquiring, deploying, and using information technologies to achieve business objectives.
Duration: 7 weeks
Credit Hours: 0.5
Organizations and the relationships that define them. Theories, concepts and experiential exercises help students understand their own values, attitudes and goals and those of others how to motivate, communicate, teach and lead others; and how to apply these concepts to improving personal and organizational performance.
Duration: 7 weeks
Credit Hours: 0.5
Essential concepts for cultivating and maintaining successful buyer-seller relationships, customer and competitor analysis, segmentation, targeting, and positioning. Translation of target market and positioning decisions into actionable marketing plans, including product, pricing, channel/promotional decisions, and tools for forecasting/evaluating success. Organizational capstone project required.
Duration: 7 weeks
Credit Hours: 0.5
Strategic management focuses on evaluation of opportunities and threats in external environments in light of an organization’s strengths and weaknesses, in order to determine a sustainable competitive advantage. Emphasis on corporate and business level strategic analysis and formulation. Organizational capstone project required.
Duration: 7 weeks
Credit Hours: 0.5
An overview of business models and key strategic concepts facing firms in a global environment. Core functional area concepts in accounting, marketing, operations and HR are introduced and integrated through simulation. Skills in managing teams, meetings, business planning and presenting business plans.
Duration: 7 weeks
Credit Hours: 0.25
The provision of services and goods to customers, with focus on efficiency, effectiveness, and productivity. Planning and control of processes involving products, workers, equipment, suppliers, and customers. Effects of variation and uncertainty on lead time, inventory, quality, and customer service.
Duration: 7 weeks
Credit Hours: 0.25
A user-oriented approach to the study of financial statements. The role of the financial statements and the annual report in the financial reporting process, using ratio analysis to analyze firm performance and make forecasts of future performance.
Duration: 7 weeks
Credit Hours: 0.25
Efficacy and efficiency of corporate strategies. Design and use of performance measurement systems from an organizational integrated systems view. Balanced scorecard, activity-based management, and other performance measurement and control systems.
Duration: 7 weeks
Credit Hours: 0.25
Public sector accounting principles, practices, and unique financial reporting requirements. Comparison with private sector financial reporting, control, and performance evaluation.
Duration: 7 weeks
Credit Hours: 0.25
Corporate governance functions including management and controllership, boards of directors, auditors, security commissions and the control of enterprise-wide risk management. Historical development and evaluation of current practices, including Sarbanes-Oxley and its implications.
Duration: 7 weeks
Credit Hours: 0.25
The analytical foundations and tools necessary for successful decision making by investment managers and analysts and by individual investors. Includes a significant hands-on component.
Duration: 7 weeks
Credit Hours: 0.25
Valuation techniques needed for enterprise valuation. The identification of value drivers, insights into the valuation of companies in different settings. Step-by-step procedures for valuing businesses. Includes a team case analysis and presentation.
Includes: Experiential Learning Activity.
Prerequisite(s): FINA 5502.
Duration: 7 weeks
Credit Hours: 0.25
Theory and practice of mergers and acquisitions. Skills needed to be effective in mergers and acquisitions. Best practices in deal origination, design, implementation and post merger integration.
Precludes additional credit for BUSI 5500.
Prerequisite(s): FINA 5512.
Duration: 7 weeks
Credit Hours: 0.25
Issues encountered by the multinational financial manager in making financing and investment decisions within a global context. Foreign exchange markets, parity conditions, currency quotation methods, management of foreign exchange/political risk and international capital budgeting.
Prerequisite(s): FINA 5502.
Duration: 7 weeks
Credit Hours: 0.25
Integrates and applies all the accounting and finance concentration coursework. Critical thinking is stressed via the case study approach. Focuses on complex problems and allows students to gain a deeper understanding of the salient issues discussed within the financial management concentration.
Duration: 7 weeks
Credit Hours: 0.25
Conflict, negotiation and bargaining. The bargaining process, conflict handling and how to analyze, plan and implement successful negotiations. Management and labour objectives and strategies that lead to conflict.
Duration: 7 weeks
Credit Hours: 0.25
The role of power and influence in organizations. Sources of power, the effectiveness of various influence tactics, the implications of powerlessness, types of empowerment, organizational politics and fostering constructive versus destructive political behaviour in organizations.
Duration: 7 weeks
Credit Hours: 0.25
Factors affecting team performance. Team development, the impact of team size, team processes, organizational practices that support teams, potential team interventions and the unique challenges faced by virtual teams.
Duration: 7 weeks
Credit Hours: 0.25
Exploration of issues arising from diversity within organizations including the implications of cultural differences for motivation, communication, conflict and leadership. Identification of practices that facilitate the effective management of diversity.
Duration: 7 weeks
Credit Hours: 0.25
Post-heroic leadership theories, with a practical emphasis on developing and honing leadership skills in practicing managers. A highly self-reflective course, requiring students to question and share their own leadership styles and situational antecedents.
Duration: 7 weeks
Credit Hours: 0.25
Principles and techniques relating to the development, support, and evaluation of employee performance in organizations. Models of individual and organizational performance; identifying high performing employees; methods of measuring performance; employee development and incentive systems.
Duration: 7 weeks
Credit Hours: 0.25
Knowledge as a resource; methodologies for managing ongoing and future knowledge needs in businesses. As required knowledge is dispersed and developed throughout the globe, international dimensions of knowledge management.
Prerequisite(s): MGMT 5100.
Duration: 7 weeks
Credit Hours: 0.5
How individuals, groups and organizations respond to change; overview of key change models and change strategy. At the micro level how individuals respond to change, how change should be managed, change management competencies and changing organizational culture.
Duration: 7 weeks
Credit Hours: 0.5
Cloud based distributed systems, statistics, machine learning, use of complex ecosystems of tools and platforms, and communication skills to explain advanced analytics. Students choose a project in Big Data management and/or analysis, deliver a paper and give a class presentation on their findings.
Duration: 7 weeks
Credit Hours: 0.5
The process, tools and techniques necessary to acquire, clean, and analyze text that has been generated on social platforms. Social network analysis, sentiment analysis, topic extraction, and co-occurrence analysis.
Duration: 7 weeks
Credit Hours: 0.25
Decision support systems in organizations; moving from business intelligence to business analytics; big data trends in organizations; theories and trends in data analytics.
Duration: 7 weeks
Credit Hours: 0.5
Tools for data analytics; analyzing data beyond statistics; data mining and predictive modeling; decision trees; logistic regression; neural networks; time series analysis and forecasting; algorithms for business analytics.
Duration: 7 weeks
Credit Hours: 0.25
Principles, techniques, technology and applications of data visualization for decision making; cognition and visual perception; types of visual analysis; interactive dashboards; story telling; infographics.
Duration: 7 weeks
Credit Hours: 0.25
Foundations and core principles of managing projects with an emphasis on supporting techniques, practices, and methods as means for structuring, analyzing, scoping, planning, executing, monitoring, controlling, and reporting.
research activity and breadth of undergraduate, graduate and professional program offerings.
Corporate Knights magazine has ranked the Sprott School of Business among the top 40 global MBA programs for sustainability and responsible management (2020, 2021).