All you need to know about Masters in Finance

The Master of Finance degree will get you where you want to go in finance if you’re ready for a thorough dive. This can help you prepare for a successful job in a variety of finance fields. Furthermore, finance is a rising industry, with employment predicted to grow at a faster rate than the national average. Financial analysts are predicted to have an 11 percent increase in employment, while personal financial advisors will see a 15 percent increase.

At its most basic level, finance can be split into three categories: personal, corporate, and public (government). Personal finance is concerned with an individual’s financial situation and includes such things as retirement plans, credit cards, and insurance. As the name implies, corporate finance is concerned with corporations and their investments. This includes stock market analysis and investment, as well as assisting businesses in locating reliable investments. Taxation, audits, and other government-related funds are dealt with by public finance. 

A master’s degree in finance is designed for highly motivated achievers who want to become future financial leaders. It emphasises analytical skills, preparing you for a job in banking, consulting, asset management, insurance, industry, or academia. A master’s degree in finance is a 12- to 18-month program that teaches students the skills they’ll need to help individuals and businesses achieve their financial goals.


Advantages of studying a Master’s in Finance:

  • Subject-focused courses – 

Masters in Business Administration (MBA) and Masters in Management are the most popular courses among students wishing to advance their professions. However, while these courses are beneficial for students trying their luck over a wide range of concepts, the curriculum is designed to cover a wide range of topics. As a result, these courses become longer and more expensive. Whereas, the Master of Finance program has only one focus: learning various types of finance and exploring the field thoroughly.

  • In Demand – 

The employment market is currently flooded with MBA and MIM graduates. This occurred as a result of the course’s popularity. However, this has congested the employment market for those with these degrees who are looking for work and eventually leading to decrease in the value of the programs. Individuals seeking a Master of Finance degree can find plenty of work opportunities because of the specific nature of the course and of course,  the growth in demand of finance professionals. 

  • Course Length – 

The majority of the courses that students choose are of a long duration and require a significant amount of time to complete. Students should enroll in courses that will help them obtain competency as quickly as possible so that they may begin applying. The Master of Finance program is a challenging, professional and field-specific study that can be finished in as little as 12 months depending on the school’s curriculum.


Careers after the program

Working in small enterprises or large financial organizations is possible with a master’s degree in finance. As a personal financial counsellor, you might start your own business or work for government agencies, non-profit groups, or commercial companies. You won’t be restricted to the financial sector; you may work in manufacturing, science, or technology fields as well. A graduate of a top B-School with a Masters in Finance has an average starting salary of 67000 Euros on an average, with graduates finding positions all over the world. Within three months of graduation, 98 percent of graduates are employed, and 63 percent have two to five job offers to select from. 

A master’s of finance can open career opportunities in:

  • Corporate finance
  • International finance
  • Investment banking
  • Portfolio management
  • Quantitative finance
  • Risk management


Admission Criteria

  • To be eligible for Masters in Finance, a bachelor’s degree in accounting, economics, finance, statistics, business administration, or a related field will be necessary. You may be able to enrol in a finance-related programme without a bachelor’s degree, but you will certainly need to take some extra courses to catch up with your peers. A bachelor’s degree in a quantitative discipline, such as computer science, engineering, math, or physics, may be accepted by several colleges.
  • A minimum GPA is required for most programmes. Selective programmes normally demand a 3.0 GPA, while many set the bar even higher.
  • Some courses, particularly the top ones, require a GMAT or GRE or TAGE MAGE official exam score report. In addition, a GMAT or GRE score of 680 or 325 is ideal to secure an interview call from top universities for Masters in Finance.
  • A score report from an English language proficiency test (TOEFL, TOEIC, IELTS, or Cambridge) may also be required.
  • The total profile, which includes exam results, extracurriculars, and past work experience, is used to make the decision. Any prior experience in the financial industry is a plus.


Top Colleges for Masters in Finance:

There are many top colleges that offer the program to prospective job opportunities and certifications that can help you advance. Here are the top B schools known for the specialty in Masters in Finance:

  • Edhec Business School
  • HEC Paris
  • Essec Business School
  • ESCP Europe
  • MIT: Sloan
  • Skema Business School
  • Università Bocconi
  • IE Business School
  • Warwick Business School
  • University of St Gallen


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