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Masters in Finance

Table of Contents
Introduction
Cost of Study
Best Countries
Career Prospects

A degree in Finance is timeless. As long as there’s economy, a finance degree is irreplaceable.

Pursuing a master’s degree in finance after graduation can ensure the candidates to land up with a bright career opportunity in the field of financial management and analysis.

The master’s degree in finance is offered in all top countries of the world under various aliases. The MSc in Finance is popular degree in the United Kingdom and whole of Europe. This degree is also known as MSF in the North America.

The Master’s in finance degree is equips the students to pursue a career in investment banking, corporate financial management and investment management. Although the most preferred choice of MSc Finance students is to work in a top financial company, they can also pursue an independent career as an investment advisor, portfolio manager and asset manager.

Masters in Finance

The course curriculum generally focuses on topics like managerial finance, corporate finance and investment analysis along with accounting, economics and business statistics. A master’s degree in Finance offers a technical approach to education in finance and is more detailed than an MBA degree in Finance. The students can also pick a specialization while pursuing MSc in Finance. 

Masters in Finance Abroad Costs

Education abroad can seem expensive, however pursuing a degree like Masters in Law or L.L.M abroad is totally worth it. You can apply for scholarship and even take help of student loans to experience higher education abroad. Here’s an overview on the range for Masters in Law tuition fees in the United Kingdom, The United States of America and Canada- 

Cost of study 
CountryTuition Fee (Range)
United KingdomUSD 28,000 – USD 44,000
USAUSD 22,000 – USD 64,400
Canada USD 19,230 – USD 38,700

Masters in Finance in USA

The standard course duration for an MS in Finance in USA is between 12 to 18 months. 

Various programs and specializations are offered under the MSc Finance in USA are as follows:

  • Applied Finance
  • Compliance
  • Corporate Finance
  • Financial Analysis
  • Financial Economics
  • Financial Management
  • Quantitative Finance
  • International Finance

MIT, Princeton, Colombia, UCLA, UC Irvine, Texas Tech, Rice University are top on the list of universities in USA for MS in finance. These universities offer the best Masters in Finance programs in USA.

MS in Finance in USA Eligibility

MS in Finance in US is your entry ticket to the top companies of the Silicon Valley.  Graduates of Commerce, Economics, Mathematics and Statistics are preferred for an admission to MS in Finance in USA. 

Along with a good academic score, a decent GMAT Score is necessary to secure an admission in top colleges offering MSc Finance in USA.

  • Degree in Finance, business, Science or related field
  • Valid GMAT Score
  • Valid TOEFL Score

If you are looking for scholarships, check out the list of scholarships for Indian students to study in USA

MSc Finance Canada

Canada is a popular destination to pursue a master’s degree. Its favorable Visa process and international culture makes it a great destination for students to live, learn and work. Masters finance in Canada is an in-demand course, with 30+ Canadian universities offering programs for the same. A master’s degree in Finance is called as MSc as well as MA, depending on the university.

Generally, the Masters in Finance in Canada is a two-year long degree. It can also be combined with a PHD program.

Eligibility Criteria for MSc Finance in Canada

  • Four-year degree in finance, business or related field
  • Valid GMAT score depending on the university recommendation
  • Valid IELTS/ TOEFL score

Documents like Academic transcripts, three references, student resume and letter of intent are to be submitted along with the application.

There are very few universities that accept applications for Masters in Finance Canada without Gmat score, but it is recommended to take the GMAT to apply for multiple universities.

Need a scholarship for Masters in Finance? Check out list of scholarships for Indian Students to study in Canada

MSc Finance UK

In United Kingdom, the Masters in Finance is offered as a one-year as well as a two-year long program.

Eligibility criteria for Masters in Finance UK

  • A First or Upper Second class honors degree in Mathematics, Engineering, Economics, Finance or Science
  • Quantitative experience/proficiency in probability, calculus, matrix algebra and real analysis
  • Valid IELTS/ TOEFL score
  • Few MSc Finance UK universities also demand a valid score in a math test conducted by them
  • GRE/GMAT is not required for admission, although it adds to the weight of your application and is recommended by most universities.

Few programs of MSc finance in UK universities come with an additional specialization including Finance and accounting, Financial Technology and Investment and Wealth Management.

Want a scholarship? Check out list of scholarships for Indian students to study in UK

Career Prospects after MSc in Finance

Once you are done with your MSc in Finance, you are all set to explore the corporate world. If you are wondering what to expect from Masters in Finance from career perspective, here’s a list of fields that open up: 

  • Finance Management
  • Sales and trading
  • Investment Banking
  • Asset Management
  • Hedge Funds
  • Investment Advisory
  • Corporate Banking
  • Finance Analysis
  • Securities, Commodities, and  Financial Services

Post a master’s degree in Finance, candidates can pursue a research or a PHD in finance in a specialization of their choice.

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