FINANCIAL MANAGEMENT

Not at all. Financial Management provides an introductory overview of financial concepts, analysis tools and techniques, and ethics in finance. No prior knowledge or experience in the field of finance is required, and there are no prerequisite subjects in the AIB MBA curriculum for this subject. All the basic calculations are done through excel and these have been scaffolded throughout the subject to guide you. However, general business knowledge acquired through experience in the workplace will support your learning.

At a foundational level, the subject introduces how a manager can interpret financial statements, identify trends and utilise financial tools and techniques to improve decision-making, alongside nonfinancial considerations such as environmental, social and governance issues (ESG). It also provides insights into the tools managers need to be able to determine the value of the cash flows to their business when making investment decisions. Students also learn the different types of costs and how to manage their company’s working capital effectively to generate value for shareholders.

Financial decisions are made by managers across all departments and teams every day. From which project will add the most value to the company to how to reduce operational spending and where to spend the marketing budget – these are all examples of financial decisions often made by professionals outside of the finance department. For managers in all fields and at all seniority levels, having a practical understanding of financial management enables them to make informed decisions, communicate effectively with stakeholders, evaluate financial reports, plan strategically and manage costs efficiently.

Financial Management is a core subject within the AIB MBA, which means it is a compulsory unit undertaken by all students in their MBA journey to meet the requirements to be awarded the degree. Financial Management can be studied from the third subject onward, following the completion of Leadership and Strategic Management, which are the first and second subjects in the MBA timetable.

Students are encouraged to contact their Enrolment Advisor for timetable advice and support.

Yes, AIB offers an MBA specialisation in Finance which supports experienced and aspiring finance professionals to excel their careers in the sector. Covering more than just the numbers, this specialised MBA guides students through the universally used theoretical frameworks and data-driven techniques relevant to modern private sector companies, the public sector, and not-for-profit organisations.  

Studying the specialised Finance MBA, students will take AIB’s core business subjects before undertaking the finance discipline units: Corporate Finance, Investment Management and Financial Markets and Institutions. Following completion of the final subject – Project – they will earn their MBA specialised in Finance. The specialised finance subjects can also be studied as electives by those undertaking the General (unspecialised) MBA.

Learn more about the MBA (Finance).

If you’re interested in studying Financial Management and the AIB MBA, get in touch with an AIB Advisor to discuss your application and timetabling.