Master of Business Administration Concentrations

Cambridge College's online MBA program has joined our one-of-a-kind Master of Business Ethics and Compliance (MBEC) program to deliver a customized, high-quality extension of the MBA program — the MBA with a Business Ethics & Compliance concentration. Our online business ethics master's degree was developed in 2009, and is the first of its kind in the United States.

By adding a concentration in Business Ethics to your online MBA, you can gain business acumen and the proficiency in legal and social corporate responsibility issues needed for private concerns, non-profit and government agencies. Fusing academic principles with a solid business foundation, Cambridge College's online MBA with a concentration in Business Ethics provides the high-level knowledge necessary to obtain a level of expertise desirable in virtually any industry.

Business Ethics & Compliance Concentration Program Highlights

This concentration prepares you for compliance management while training you to exercise ethical judgment in the governance and operation of your company. An MBA Business Ethics Concentration will give you the knowledge to act and speak with confidence when dealing with issues related to business ethics and corporate compliance and responsibility.

Careers in Business Ethics and Compliance

This concentration was designed for online MBA students who have academic and career interests in ethics and compliance. The Business Ethics concentration is taught by experienced compliance professionals and academic experts. It is especially useful to those with interests in the following areas:

• Regulatory issues
• Government administration
• Information systems
• Corporate responsibility
• Risk management

In recent years, the focus has shifted from “doing” diversity, equity and inclusion to “being” diverse, equitable and inclusive. In its most recent evolution, the concept of “belonging” has been incorporated to personalize and humanize DEI – now DEIB – in the workplace.

As a pioneer in social justice, Cambridge College recognized the need for leaders who understand and embrace diversity, equity, inclusion and belonging. Cambridge College created the nation’s first MBA with a concentration in DEIB, focused principally on preparing vanguard leaders who are empowered with the responsibility of infusing DEIB in their corporate DNA.

Diversity, Equity, Inclusion, and Belonging Concentration Program Highlights

The fully online, asynchronous DEIB concentration was designed with internationally renowned DEIB practitioners, experts and authors. The results: a multi-layered approach to training and engaging the entire corporation, including the board of directors, C-suite and department heads.

The Cambridge College online MBA DEIB concentration provides you with tools to:

• Implement a comprehensive change management approach
• Identify, acknowledge and celebrate race and gender differences
• Overcome the barriers that take attention away from inclusion
• Communicate effectively in interactions with employees from all backgrounds
• Navigate change management and its impact on diversity, equity and inclusion from a systemic perspective
• Recognize unconscious bias
• Develop individual skills from a multiple intelligences perspective, including emotional intelligence, systems thinking and inclusive leadership
• Engage in challenging conversations about diversity, helping to build a diverse workforce and fostering an equitable and inclusive experience for all employees

Cambridge College also offers a three-course Leadership Certificate in DEIB.

Careers in DEIB

The MBA with a Diversity, Equity, Inclusion, and Belonging concentration is ideal for those who aspire to lead DEIB efforts within a company, or who want to ensure they incorporate inclusivity into their leadership. Graduates with this concentration may find employment in roles like:

• DEI/DEIB manager
• DEI/DEIB specialist
• DEI/DEIB senior manager

Cambridge College's online MBA program has partnered with the Master of Science in Finance (MSF) program to deliver a customized, high-quality extension of the MBA program — the Finance MBA concentration.

By pursuing an MBA in finance, you have the advantage of gaining the business leadership skills necessary for overall management of financial concerns for private companies, nonprofit organizations and government agencies. Fusing academic principles with a solid business foundation, the MBA Finance concentration provides the high-level knowledge necessary to obtain and advance a finance career in virtually any industry.

Finance Concentration Program Highlights

Cambridge College's online MBA with a concentration in Finance is academically rigorous and is taught from both a theoretical and applied point of view by experienced finance managers and academic experts. This concentration prepares you to apply business strategies to finance, management, record keeping, critical response mechanisms and more within corporate, banking, government and nonprofit agencies.

Upon completing the MBA with this Finance degree concentration, you will be prepared to manage:

• Capital management
• Evaluation of funding sources
• Valuation
• Cost of capital
• Capital expenditure decisions
• Acquisition analysis
• Joint ventures
• Strategic alliances

Careers in Finance

This concentration prepares you to excel in finance sectors like:

• Asset management
• Debt, equity and commodities trading
• Investment banking
• Mutual funds
• Hedge funds
• Insurance

The General Management concentration within Cambridge College's online MBA program helps you grow your problem-solving abilities, leadership skills and communication skills to help you thrive in both national and global organizations.

General Management Program Highlights

In addition to core business classes, in the General Management concentration you'll take specialized courses covering topics like:

• Strategic human resource management
• International business and global strategy
• Legal and ethical dimensions of strategic management

General Management Careers

This online MBA General Management concentration prepares you to maximize you career potential in fields like:

• Health care
• Technology
• Engineering
• Management consulting

Using both theoretical and applied methods, the online MBA Global Finance Trading concentration prepares you to explore the field of global finance trading. You will begin to acquire the knowledge and skills to devise and execute trading strategies to hedge for different global business exposures, including transaction and economic exposures.

Global Finance Trading Concentration Program Highlights

The online MBA with a concentration in Global Finance Trading prepares you to manage global financial and business risk exposures by devising sound hedging and trading strategies.

Upon completing the Global Finance Trading concentration, and depending on the specific concentration courses selected, you will be exposed to topics such as:

• Managerial finance
• Financial markets
• Global currency management
• Trading psychology and risk management
• Equity trading management
• Fundamental analysis
• Technical analysis and technical indicators
   

Course List

Prerequisite MBA Courses

For the MBA Global Finance Trading concentration, you will first complete:

• Applied Quantitative Methods for Business
• Managerial Finance

Concentration Foundation Course

• Financial Markets

Concentration Elective Courses (Choose Two)

From there, you can select from two highly specialized courses as follows:

• Global Currency Management
• Financial Trading and Management
• Trading Psychology and Risk Management

Preparing for a Global Finance Trading Career

When working toward your business degree online, your decision whether to select an MBA with a concentration versus a more focused, online finance degree will depend on your current employment, long-term career goals, cost and time considerations.

Those individuals that are unsure about committing to a career in global finance trade can benefit most from the opportunity to earn their MBA, a versatile, broad-based business degree, while exploring this niche area of finance during their studies.

Conversely, individuals who are fully committed to a long-term career in finance, and to global finance trading specifically, should consider our Master of Finance - Global Finance Trading degree. This program is designed for students who are looking for a strong quantitative and analytical finance education but with a greater focus on global finance trading.

Our Admissions team, along with the Program Chairs in the Master of Finance and the MBA Program, are available to guide you in deciding which option best meets your career goals.

The online MBA with a concentration in Healthcare Management helps you explore various aspects of the healthcare system with an emphasis on the business of healthcare.

In this concentration, you'll take three specialized courses in a variety of relevant healthcare topics. You can tailor your healthcare course selection to focus on a particular sub-area of healthcare, such as finance and risk management, policy-setting, or operations management and quality improvement.

Healthcare Management Concentration Program Highlights

Cambridge College's online MBA with a concentration in Healthcare Management prepares you for management and leadership roles within the healthcare industry. The program is designed to give you the knowledge and skills to work within the hospital, managed care, nonprofit, insurance or pharmaceutical/biotechnology sectors. The Healthcare Management concentration is taught by experienced healthcare professionals and academic experts.

Preparing for a Healthcare Management Career

When working toward your business degree online, your decision whether to select an MBA with a Healthcare Management concentration versus a more specialized degree such as the Master of Healthcare Management will depend on your current employment and career goals, as well as cost and time considerations.

This concentration is most beneficial to those with interests in:

• Finance and reimbursement
• Information systems
• Law and policy
• Risk and regulatory compliance
• Healthcare operations

Students who plan to focus their long-term career on healthcare should consider our Master of Healthcare Management degree, which provides a more extensive exploration of the management topics that are important in the healthcare field today.

The online MBA Human Resources Management concentration partners with our Master of Human Resource Management program to provide you with the opportunity to extend your studies beyond the general MBA curriculum to survey key functional areas within human resources (HR). This is accomplished by pairing the foundational MBA classes with three specialized courses in relevant HR practice areas.

Human Resources Management Concentration Program Highlights

Cambridge College's online MBA with a concentration in Human Resources Management is designed to give you the knowledge and skills to work in operations or other aspects of management. This concentration is taught by experienced HR professionals and academic experts.

Preparing for a Human Resources Management Career

When working toward your business degree online, your decision whether to select an MBA with an HR concentration versus a more focused, online human resources degree like our Master of Science in Human Resources Management will depend on your current employment, long-term career goals and cost and time considerations.

Current HR practitioners who seek the added credibility of a graduate degree in business — but who plan to move into operations or other aspects of management in the long term — may find the MBA with an HR concentration a more attractive option than the more specialized Master's in Human Resources Management degree.

Additionally, those individuals who are unsure about committing to a career in human resources management can benefit from the opportunity to earn a broad-based business degree while exploring various HR subject areas during their studies.

This concentration is most useful to those with interests in:

• Talent management and development
• Policy setting
• Employee and labor relations

Conversely, individuals who are fully committed to a long-term career in HR should consider our Master of Science in Human Resources Management degree. This program provides a significantly more extensive examination of the practice of HR and is designed to equip an HR professional with knowledge across the full spectrum of HR practice areas.

Our Admissions team, along with the Program Chairs in the Master of Science in Human Resources Management and the MBA Program, are available to guide you in deciding which option best meets your career goals.

The International Management concentration within Cambridge College's online MBA program prepares you for the challenges of operating businesses in a global environment. Courses cover cultural, economic, operational, political and legal considerations that could affect international global financial markets.

International Management Program Highlights

In addition to general business classes, in the International Management concentration, you'll take specialized courses covering topics like:

• Global human resource management
• International business and global strategy
• International business ethics and compliance
• International Finance

International Management Careers

The International Management concentration can support your career in fields like:

• Accounting
• Finance
• Human resources
• Production
• Sales and marketing

Through the online MBA with a Quality Systems and Improvement Management concentration, you'll be prepared to analyze current business practices, create comprehensive improvement plans based on best practices and determine performance metrics to measure success.

Quality Systems and Improvement Management Concentration Program Highlights

In addition to general business classes, in the Quality Systems and Improvement Management concentration, you'll take specialized courses covering topics like:

• Quality systems and strategic planning
• Performance-based management and benchmarking
• Business process analysis
• Supply chain management

Careers in Quality Systems and Improvement Management

With a concentration in Quality Systems and Improvement Management, you may find employment in fields like:

• Health care
• Hospitality
• Finance
• Higher education
• Manufacturing
• Military
• Government

The online MBA Risk Management and Insurance concentration prepares you with the strategies and tools to take an active role in a company's risk management and insurance enterprise. Courses focus on theoretical and practical applications and highlight introductory and advanced topics in risk management as well as life, health, property and liability insurance with their related legal and compliance issues.

Risk Management and Insurance Concentration Program Highlights

In addition to general business classes, in the Risk Management and Insurance concentration you'll take specialized courses covering:

• Financial markets
• Insurance and risk management
• Enterprise risk management

Risk Management Careers

A concentration in Risk Management and Insurance can prepare you for a number of financial careers, including as a financial risk specialist. According to the Bureau of Labor Statistics, the mean annual salary for a financial risk specialist is $116,140.*

*Bureau of Labor Statistics, U.S. Department of Labor, Occupational Employment and Wage Statistics, 13-2054 Financial Risk Specialists, https://www.bls.gov/oes/current/oes132054.htm (visited October 23, 2023).