OU-MBA Finance Concentration

Online Master of Business Administration | Webinars

Transcript

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Thank you for joining us for Ohio
University’s online webinar we will be

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discussing the online Masters of
Business Administration program with a

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specific focus on the finance
concentration the purpose of this

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webinar is to share insights into the
MBA program and the finance

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concentration regarding curriculum job
opportunities and the like if you’ve

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previously watched another concentration
video please use the feature on the side

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of your screen to get to skip ahead to
our finance faculty member and specifics

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about the finance concentration along
with hearing directly from the finance

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professor on today’s webinar this
webinar will also be discussing Ohio

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University’s background as well as that
of the College of Business the overall

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MBA program and the curriculum this
webinar will be focusing on the

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descriptions and learning outcomes for
the finance curriculum help you

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determine if this is the best fit for
your needs at the end of the

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presentation I will also be covering the
online admissions criteria for further

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understanding of MBA expectations okay
let’s introduce you to today’s speaker I

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have with me Dr. Sinan Gokkaya he is
currently a now you faculty member with

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our finance concentration thank you so
much for joining us today

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Dr. Sinan can you provide us a little
bit more information about your

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background and your time with the
University?

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of course Brittany I’m JP Morgan Chase

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Professor of finance at the
College of Business I’ve been here for

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six years now prior to entering academic
sighted project management on the

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corporate side I was an engineer and
then I switched to business with no

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business background actually and I got
my MBA I focused on finance decide to

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get my PhD worked on investment banking
projects and right now I’m very actively

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involved in investment and wealth
management and financial advising

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projects I’m also very involved in the
MBA program I teach the managerial

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finance club that’s our core finance
class for all the MBA students as you

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can see I’ve been very fortunate to
publish my work in various journals and

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also some of my work got media features
including the Wall Street Journal and

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the CFA I was able to present at the feds the

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ACC London School of Economics and those goes on the bottom line we’re extremely

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practitioner oriented here and while we
do teaching also are you teaching we do

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try to incorporate as much real-world
activities as possible

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thank you Sinan for that information now
I want to briefly cover some information

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about the institution Ohio University is
the prestigious institution with a long

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history of success as the ninth oldest
public university in the United States

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Ohio University was established in 1804
and has a wide array of alumni spanning

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more than 200,000 strong the university
is fully accredited and recognized for

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quality by the Higher Learning
Commission North Central Association of

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colleges and schools and the College of
Business itself

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housing the online MBA program is
accredited by the Association to Advance

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Collegiate Schools of Business
better known as the AACSB this does the

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nation is held by only the top 5% of
Business School’s worldwide so now a

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little bit more on the College of
Business specifically the College of

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Business for the Ohio University houses
a strong caliber and quality of faculty

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with more than 80 percent holding
terminal degrees in their field this

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means that a large quantity of your
faculty hold either a doctorate or a

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doctorate of business or a juris
doctorate degree

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all of your faculty members however are
active industry practitioners and bring

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new light to the MBA program through
active real-world current knowledge of

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the industry the College of Business is
consistently ranks amongst the top

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business goals for quality and value as
it is a Tier one institution as noted by

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the US News and World Report’s among the
various accomplishments in titles the

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MBA program is also recognized by Forbes
for best value MBA meaning the quality

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of education received in this program
outweighs the expected total cost and

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several other publications in Ohio
University’s MBA program and College of

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Business specifically to be within the
best online programs and best public and

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private business universities the online
MBA is a comprehensive and rigorous

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program with an emphasis on strategic
leadership and professional development

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the program incorporates hands-on
leadership and training opportunities in

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addition to the real world approach to
the curriculum so it’s structured to

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resemble the development and deployment
of a strategic business plan both

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online and through our on-site
leadership development program the

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online platform is meant for the working
professional so it’s flexible for the

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user while also providing opportunities
to connect with professors and peers

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throughout the program while also
maintaining a full time working schedule

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along with the importance of the online
platform blackboard the program offers

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an integrative support system for all
students to assist with heavy demands on

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full time schedule and part-time
educational schedule Ohio University’s

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MBA program online is housed on the
concept of student-centered learning as

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such the University offers you
connection with enrollment advisors

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student advisors faculty and your fellow
students as a support system to ensure

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success in the end the online program
offers students the opportunity to

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graduate with their MBA from a highly
affordable top-ranked business school in

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less than two years
once again the curriculum was designed

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with full-time working professionals in
mind completed on a part-time schedule

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the online mba program can be completed
in as few as two years or six total

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semesters each semester comprises two
terms at 7 weeks each therefore while

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you register for two courses per
semester you’re only completing one

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course at a time with a total of 35
credits to complete the MBA program

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includes nine core classes for a total
of 26 credits and three concentration

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courses for an additional nine credits
while your core courses will cover a

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variety of business related topics your
concentration courses will be specific

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to your selection of finance business
analytics health care or executive

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management once in the program students
are required to select a concentration

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of interest while I will let Dr. Gokkaya
discuss the finance concentration

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specifically it is important to note
that the program offers alternate

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concentration options in healthcare
executive management or business

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analytics if you’re still trying to
determine the better option for your

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needs after this webinar I do encourage
you to review all similar concentration

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webinars listed on the side of your
screen for a better understanding of

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each now we’ll turn it over to Sinan
for more information about finance

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everyone thank you so much for being
with me again

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I teach the managerial finance class
which is a cool club for old avh

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students one year under the finance
concentration there’s going to be also

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three additional coursework for you
first one is going to be the financial

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markets and institutions this course is
going to go over the structure of the

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financial markets and institutions we’re
going to be studying the financial

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systems along with the recent financial
crisis of 2008 we’re going to get into

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specifics such as the interest rate
determinations the fixed income

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instruments the term structure of the
interest rates the bond markets the

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stock and the option markets and the
currency markets the bottom line by the

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end of this course you’re going to be
able to address specific questions

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regarding the broad financial systems
along with the different financial

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instruments markets and institutions
next class you were taken under finance

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concentration is going to be MBA six
three five five that’s been asking for

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us this class typically covers the
principles used by the stock investors

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to identify and evaluate the various
investment alternatives when you’re

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trying to form investment decisions
you’re going to you’re going to have a

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grasp on the relationship between the
risk and the return along with portfolio

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theory how we identify and evaluate the
portfolio performance and how we value

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the stocks and the very last clause
under the finance concentration is going

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to be advanced corporate finance this is
where we study the complex decisions

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made by the financial managers and our
operations in the corporate America side

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and we’re going to try to get involved
in the process of making those decisions

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we’ll be covering some advanced
corporate finance topics as the name

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suggests we’re going to start with the
corporal structural theory will be doing

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dividend policy long-term financing
issues of stocks and that the finance or

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operations will begin operations and
risk management at the firm in the

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project level we’ll be looking at large
investments such as merger and

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acquisitions and we’ll be combining a
lot of real world examples from the Wall

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Street Journal and the recent academic
articles while we’re trying to

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accomplish these learning objectives

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finance concentration is for someone
with their business backgrounds also for

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people without in a business background
I personally did not have any business

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background before I got my MBA I was an
engineer and I did benefit dramatically

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out of the MBA especially the finance
concentration if you wanted to seek a

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profession in the financial services and
investment in asset and wealth

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management and the non banking sectors
this is also a great fit to be more

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specific if you want to be in the
investment side such as trying to the

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investment and walk management stock
analysis or fix income analysis if you

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want to do institutional sales and
trading to deal with the institutional

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customers also corporate middle-market
and medicine banking along with the

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corporate valuation I believe that the
finance concentration is that they’re

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good fit for you and also if you don’t
want to look for a financial institution

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more beyond the corporate side doing
such as periodic financial reports

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analyze the financial operations doing
budget them financial forecast at the

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firm and the project level if you want
to do daily cash in treasury management

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risk assessment risk management along
with the regulatory and financial

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reporting for for-profit and nonprofit
companies I believe that the finance

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concentration is a very good fit for you

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here I wanted to list the jobs you can
potentially pursue while and after

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you’re done with your funniest
concentration like I said there are a

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lot of jobs out there in the banking and
the non banking sector so I wanted to

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break it down for you if you wanted to
work in the banking in the financial

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institution sector you’ll be getting a
lot of background information in our

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investments and financial markets and
institutions course under the finance

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concentration some
the jobs the typical jobs this didn’t

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get place into is going to be a security
and financial analyst this can be on the

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stock or the fixed income side you
typically start is an associate then you

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go up to the analyst level then to the
VP and ultimately the managing director

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level if you want to do more of the
banking side where you get to help firms

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finance their operations you can do
corporate or Messing banking similar to

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the analyst jobs the financial analyst
job you start as an associate again the

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corporate ladder is similar to the
analyst VPN managing director again with

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the institutional sale than the trading
side if you do institutional trading

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side you’ll be trying to execute the
trades of institutions on your trading

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desk as effectively as possible if
you’re on the institutional sales side

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you’re going to try to sell your
financial products to big institutional

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investors so that you can put their
money to use if you want to do

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institutional asset or wealth management
if you want to do a personal financial

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advising or planning or portfolio
management there also there may be a lot

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of jobs available for you if you want to
focus on the corporate side in order

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corporate American side you will see
that there are going to be a lot of jobs

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available for you under the budget and
operations animal is in the corporate

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controller typically the progress under
this profession is going to be up to the

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finance officer the financial manager
level that you’re going to try to go up

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a director to VP and hopefully one day
is the CFO if you want to get more

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involved in the daily operations of a
given firm to do liquidity management

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you can try to look for jobs under
Treasury cash management as an analyst

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or it’s a director down the road if you
want to do more of the risk assessment

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of given projects you can try to pursue
jobs on the credit and risk management

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analyst and finally as we all know the
global markets are integrated

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and the suppliers of most firms are
going to be from overseas so if you want

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to do some children see hedging try to
do risk analysis under that routes you

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can try to look for a job under
international and global find it okay

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wonderful thank you again Dr. Gokkaya
for helping us today we’re going to run

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through a few commonly asked questions
about our mba finance concentration so

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to start are there any benefits to
earning an MBA finance concentration

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degree over another specific type of
finance program?

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I believe there are

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several benefits and keep in mind that
I’m very passionate about my field so I

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may be biased a little bit so the first
benefit I see is the job satisfaction

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rate it’s typically very high if you
will get the surveys the second most

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important benefits means that if you
look at the job outlook over 2016 to

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2026 by BLS the govt you will see that
the growth expectation for financial

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professions is around 12 to 15 percent
while the average growth expectation for

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a business job is around 6% so we are
way above the average next I believe

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that there are a lot of employment
opportunities not only in financial

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institutions and banks but also in
corporate America nonprofit nonprofit

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organization and the government agencies
and last but not the least of course for

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more students will be very interested to
hear – the average salary expectation

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when you start is going to be their high
that makes a really good fit with more

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students perfect I know a lot of
students are actually looking into that

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a lot so thank you are you requested our
next question is regarding the finance

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concentration considering the fact that
an MBA is so broad in nature what type

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of areas are of the financial industry
are covered within the finance

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concentration?

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of course we have a core
coursework in our MBA program that I

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teach is the managerial finance that’s
going to give an intro

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to define and feel to when you start
taking the course Oregon or defiance

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concentration you will get a good grasp
of the advanced knowledge and

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investments financial markets and
institutions in the corporate markets

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and those coursework is going to cover
most of the knowledge you need to have

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for the financial industry perfect and
then so when looking at the

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concentration would you say that this is
a good concentration for somebody who

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works or is looking to work in the
corporate finance field?

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absolutely you will need to have an extensive
background in all fields of finance if

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you want to be successful in corporate
finance and will be teaching you debt

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under the finance concentration that’s
definitely good to know so then another

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question for you is a lot of students
are coming from a different background

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do you think it’s necessary for somebody
who’s interested in the finance

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concentration to have a financial
background?

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as someone who used to be an

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engineer and did project management when
I started my MBA I did not have any

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business background and I did benefit so
much from it so I personally believe

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that the finance concentration is going
to benefit business non-business non

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finance students equally that’s great to
hear

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especially coming from those students
who have a different background that’s

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going to be a great knowledge for them
so before we let you go here one final

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question what is your advice for a
future mba finance students?

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so I strongly believe that as soon as the
students start the MBA program and start

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taking coursework under the finance
concentration they start doing some

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search about the path the career path
they want to follow and start looking

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for jobs and while looking for jobs
they’re also going to see that most of

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the major financial institutions and
bulge bracket banks they even offer very

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high paid internships just specifically
to MBAs with the finance concentration

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believe that the earlier you start this
process the more you’re going to get out

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of the program and the better you’re
going to place once you’re done with

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your MBA with finance concentration

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thank you so much and thank you once
again for joining us today Dr. Gokkaya

0:18:07.460,0:18:11.660
we really appreciate your your knowledge
on the subject and for being such a good

0:18:11.660,0:18:16.130
example for our students thank you again
for being here thank you very much for

0:18:16.130,0:18:23.390
having me over and I really enjoyed my
time thank you very much now that you’ve

0:18:23.390,0:18:26.660
had the opportunity to learn more about
the program and hopefully determine

0:18:26.660,0:18:29.929
whether or not it will fit your needs
let’s learn a little bit more about the

0:18:29.929,0:18:33.740
applicant and student expects
expectations in order to be considered

0:18:33.740,0:18:37.370
for admission to the online program it
is recommended that all applicants have

0:18:37.370,0:18:41.540
conferred and accredited bachelor’s
degree or the higher with at least a 3.0

0:18:41.540,0:18:45.710
GPA and since the program is meant for
those in the industry we also require a

0:18:45.710,0:18:49.760
minimum of two to five years of
professional work experience progressive

0:18:49.760,0:18:53.570
as possible and more is always accepted
I also want to note that the program

0:18:53.570,0:18:57.260
does not require GMAT or GRE scores and
the program will not accept transfer

0:18:57.260,0:19:00.800
credits if you’re uncertain of how you
might meet the requirements we do

0:19:00.800,0:19:04.820
encourage you to contact your a moment
advisor for assistance once ready to

0:19:04.820,0:19:08.090
apply to complete an online application
you will need to provide us with

0:19:08.090,0:19:13.040
transcripts form all previously attended
institutions an updated resume or CV

0:19:13.040,0:19:16.880
three letters of recommendation with at
least one from your current supervisor

0:19:16.880,0:19:20.960
if possible and a personal statement of
goals explaining your career objectives

0:19:20.960,0:19:24.800
and interest in the program the online
application fee is paid at the end and

0:19:24.800,0:19:29.179
will be $50 an important topic when
selecting any graduate degree option as

0:19:29.179,0:19:33.620
well will be tuition the online MBA
program is financial aid eligible and

0:19:33.620,0:19:36.920
the tuition cost per credit hour is one
thousand and four dollars for Ohio

0:19:36.920,0:19:41.090
residents one thousand twenty three
dollars for non Ohio residents and with

0:19:41.090,0:19:44.660
an overall estimated tuition cost of
thirty five thousand one hundred and

0:19:44.660,0:19:48.559
forty dollars for Ohio residents and
thirty five thousand eight hundred five

0:19:48.559,0:19:53.450
dollars for not in Ohio residents I want
to thank you once again for watching our

0:19:53.450,0:19:56.780
finance concentration webinar and taking
the time to learn more about your

0:19:56.780,0:20:00.679
graduate options you are encouraged to
use all the resources available to you

0:20:00.679,0:20:03.100
on your screen to speak to within a
moment advice

0:20:03.100,0:20:06.909
watch other concentration and webinar
videos and begin the admissions process

0:20:06.909,0:20:11.200
we are now accepting applications for
the next term of enrollment so thank you

0:20:11.200,0:20:14.950
again and on behalf of all enrollment
advisors for Ohio University’s online

0:20:14.950,0:20:20.220
MBA program we look forward to assisting
you with your entrance