Financial management degree programme

Financial management is a sector that deals with the planning, control and organisation of financial resources within a company.

It is one of the most strategic departments in a business: investment and all financial decisions are based on the advice of specialised professionals. As finance evolves with new technologies, they face new challenges. Students in a financial management programme will be equipped with the right skills to adapt to changes in the sector and be prepared to lead their teams to success.

Prepare for a successful career in finance with EDHEC Business School.

Master in Management in Finance

The importance of financial management

In any organisation, financial resources are limited and spending must be closely monitored to avoid misspending or even depleting the treasury. This is the job of financial managers. Their role is fundamental: they determine how to allocate resources for maximum efficiency and return on investment.

• Financial management is an activity that involves choosing the right investments.

This is a strategic task because the wrong choice can cost a lot for a company. Financial managers know how to make the best decisions. They are skilled in risk management. They identify the risks that may be associated with a potential investment and propose measures to mitigate them. They are also responsible for ensuring that the company always has enough funds to deal with any unexpected problems.

• If you want to get a financial degree, one of the best choices is to specialise in financial management.

Such professionals are needed everywhere and are highly sought after. You can work in all kinds of companies, from small and medium-sized businesses to large multinationals. You will have many responsibilities. Your daily mission will be to ensure the future of the company. Your investment decisions and cash flow management will have a major impact. If you want a job that makes a difference, a financial management degree is the way to go.

And, of course, financial managers usually have a high income. For example, the average salary for a financial manager in the United States is $103,765 per year.

The future of financial management

Finance departments have to deal with large amounts of data, and making sense out of them is a time-consuming process. The rise of AI and machine learning is changing this. New technologies automate the processing of data and many routine tasks and can help financial managers work faster and make recommendations based on AI-powered softwares. They will have more time to focus on their expertise and make recommendations to their employers.

Blockchain can also be a game changer in many ways. It is a secure system where all transactions are recorded in a transparent and unchangeable way on a decentralised network. This technology opens up many possibilities for financial managers. For example, its high level of security allows for better protection against fraud.

Moreover, blockchain can also lead to the development of decentralised finance (DeFi), where companies no longer need to rely on intermediaries for their day-to-day activities (obtaining loans, making investments, etc.).

You need to be prepared for future changes in the sector. With a financial management programme, you will develop the right mindset to always be ready to integrate the latest innovations into your missions, to constantly improve your recommendations and your efficiency.