Tag: CNN Money

MBA Finance | Where Can It Take You?

Finance is a popular career path for MBA grads, known for its high salaries with companies such as JP Morgan and Goldman Sachs, and for its huge career growth opportunities.

It’s no surprise that at many of the top MBA programs, over a third of grads go into the sector:

If you’re serious about going into the financial industry, you might want to consider an MBA in finance. A step up from a master’s in finance, an MBA in finance balances hands-on career training with in-depth finance learning.

We’ll take you through what you can expect from an MBA finance degree, including MBA finance jobs and the average MBA finance salary.


What is an MBA in Finance?

There are two types of MBA finance courses:

1) MBA programs that focus wholly on finance

2) MBA programs that offer a specialized track or concentration in finance

The latter are a lot

Continue reading

United Insurance Holdings Corp. Announces Review of Strategic and Capital Raising Alternatives

ST. PETERSBURG, Fla., July 13, 2022–(BUSINESS WIRE)–United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that its Board of Directors has initiated a review of its strategic and capital raising alternatives. As part of this process, the Board will consider a wide range of options for the Company including, amongst other things, a potential sale, merger, subsidiary divestiture, formation of a new Florida-domiciled reciprocal exchange, as well as the sale of equity , surplus notes or other financing or strategic transactions.

There can be no assurance that this process will result in the company pursuing a particular transaction and the company does not intend to disclose further developments unless and until it determines that further disclosure is appropriate or necessary.

The Company has retained Insurance Advisory Partners, LLC as its financial advisor and Debevoise &

Continue reading

CFOs are feeling mounting pressure to automate the finance function

A study by StrategicCFO360 and Vic.ai finds finance leaders want to increase efficiency and gain valuable insights by accelerating automation.

robot pressing a button on a screen with finance terms on it
Image: Murrstock/Adobe Stock

Automation nation is becoming more of a reality with 81% of chief financial officers (CFOs) recognizing the potential of automation to optimize processes and resources and capture data insights across the finance function, according to a new report that surveyed 145 CFOs and other finance leaders across all industries in May 2022.

Further, nearly 60% of CFOs are planning to increase their investments in automation over the next year in light of the tight labor market and rising operational costs, according to StrategicCFO360 and accounting platform provider Vic.ai.

There appears to be a sense of urgency to take action, the report noted. Nearly half (43%) of those polled expect to achieve their goals within the next two years, with an additional 10% reporting that they had already

Continue reading

Why Sustainability Matters To Finance Leaders In Growing Companies

By Neil Krefsky, Head of Finance and Risk Product Marketing, SAP

Finance leaders from growing companies have a keen sense of how risks, opportunities, and investments affect the bottom line. And this trait is becoming increasing evident as they focus more on sustainability as a top priority.

According to an SAP Insights survey of midsize companies, one-third of finance leaders listed “increasing sustainability in products and services” as a revenue driver on par with increasing sales to existing customers, creating new products and services, and improving customer experiences. When considering how to improve business efficiency, making “operational processes more sustainable” ranked second.

This evolving perspective represents a dramatic shift in finance operations. While sustainability initiatives were once solely the responsibility of operations managers, finance organizations are now deliberately making decisions and delivering outcomes that help satisfy intensifying environmental, social, and governance (ESG) challenges.

Modernizing finance with an eye on sustainability

Continue reading

What SNHU Degree Do You Need to be a Business Owner?

An entrepreneur with a degree running the business they own

Becoming a business owner is an exciting prospect. To turn your dream idea into reality, you need a passion for the goods or services you’re going to sell and the drive to get your new business off the ground.

While taking an idea and building it from scratch can be rewarding, it can also be challenging. Furthering your education can position you for success. The skills and knowledge you’ll learn pursuing a business degree, for example, can directly impact your ability to start and grow a company. The network you can build from professors and fellow classmates can help provide you with insight as well as clients.

In addition to growing your network, earning a business degree will help you hone your writing skills and learn new social media marketing skills, both tools that lead to success in any industry. While you’ll take on all of the risk if the

Continue reading