Various universities in the US and all over the world offer a master’s in finance. Also, there are several job opportunities and requirements for a master’s in finance holder that will be discussed in your course of reading this article. However, this article will also show the 2022 masters in finance rankings, not forgetting their worthwhile salary.
Masters in Finance
Several institutions in the United State offer a master’s in finance. However, as a BSC holder in finance or any finance-related course, you may want to further your studies by having a master’s degree in finance. Nevertheless, these are some of the institutions in the US offering a course in masters in finance.
Hult International Business School
The Hult international business school offers a course in MSc in finance. They are located in Cambridge, USA. However, their teaching language is in English. It takes nothing more than 11 months to acquire a master’s degree in finance. However, it starts by September 2022, so there is still time left for you to apply. Also, you should know that there is no room for part-time classes, it is only available full-time. Nevertheless, this course is not be studied on campus not online.
Gies College of Business at the University of Illinois Urbana-Champaign
The Gies College of Business offers a course in MSc in finance. They are located in, Champaign USA. However, their teaching language is in English. It takes nothing more than 15 months to acquire a master’s degree in finance. However, it starts by August 2022, with an application deadline of June 2022. Also, you should know that there is no room for part-time classes, it is only available full-time. Nevertheless, this course is not be studied on campus not online.
Kogod School of Business, American University
The Kogod School of Business offers a course in MSc in finance. They are located in, Washington, USA. However, their teaching language is in English. Also, there is no duration for the course at this university. However, it starts on August 2022. Also, you should know that there is room for part-time and full-time classes. Nevertheless, this course is not be studied on campus not online.
Georgetown University Online
This University Online offers an online course in MSc in finance. They are located in Georgetown, USA. However, their teaching language is in English. Also, the duration of the course at this university is 21 months. However, it starts on August 2022. Also, you should know that the classes are part-time.
Atlantic International University Masters Programs
The Atlantic International University offers an online course in masters in finance. They are located in Honolulu, USA. However, their teaching language is in English. Also, there is no duration for the course at this university. However, it starts in September 2022.
Nevertheless, there are other universities in the US and all over the world that offers this master’s degree in finance. However, for this article, let’s end here.
However, let’s take a brief look at the 2022 masters in finance rankings.
Masters In Finance Rankings 2022
Like we discussed earlier, there are several universities in the world offering a master’s degree in finance. However, there are some with higher rankings than others. Here is the list of universities ranking in the top 5 offering masters in finance.
Oxford (Said); MSc Financial Economics
The Said business school is a part of the university of oxford. They offer a master’s degree in finance. However, you can apply for a scholarship, if you are lucky, who knows, you can get one. Their ranking overall score is 97.4.
London Business School; MSc in Financial Analysis
The London Business School is located at London campus, London United Kingdom. They offer an MSc degree in finance. However, you can apply for a scholarship, if you are lucky, who knows, you can get one also. Their ranking overall score is 95.7.
MIT (Sloan);Master of Finance
The MIT Sloan School of Management is a part of the Massachusetts Institute of Technology (MIT). Also, they are located in the Cambridge United States. Indeed, they offer a master’s degree in finance. However, you can apply for a scholarship, if you are lucky, who knows, you can get one also. Their ranking overall score is 95.7.
HEC Paris; Master in International Finance
The HEC Paris School of Management offers a master’s degree in finance. Also, they are located at HEC Paris, Paris France. However, you can apply for a scholarship, if you are lucky, who knows, you can get one also. Their ranking overall score is 95.5
Cambridge (Judge); Master of Finance
The Judge business school is a part of the University of Cambridge, they also offer a master’s degree in finance. Again, they are located at Cambridge Judge Business School, Cambridge United Kingdom. However, you can apply for a scholarship, if you are lucky, who knows, you can get one also. Their ranking overall score is 92.3
Now, let’s take a brief look at the salary of a master’s in finance degree holder.
Masters In Finance Salary
Having a master’s degree in finance attracts a good salary. However, according to the Bureau of Labor Statistics (BLS), employment in the financial sphere is foreseen to grow 15 percent by 2029. This translates to over 700,000 added jobs to the marketplace. Nevertheless, by seeking a master’s degree, you can earn a master’s in finance salary by seeking lucrative jobs such as financial management. Truly, in this position, you can earn a median salary of $134,180.
Furthermore, there are different job opportunities with their salary scale in masters in finance.
Careers and Salary with a Master’s in Finance
CAREERS | ANNUAL SALARY | PROJECT GROWTH RATE |
Budget Analyst | $78,970 | 3% |
Actuary | $111,030 | 18% |
Accountant | $73,560 | 4% |
Lawyer | $126,930 | 4% |
CFO | $107,680 | 4% |
Controller | $134,180 | 15% |
Stockbroker | $64,770 | 7% |
Financial Examiner | $81,430 | 7% |
Personal Financial Advisor | $89,330 | 4% |
SOURCE: BLS
Masters in Finance Job Opportunites
There are several job opportunities available for a master’s degree holder in finance. Nevertheless, here are some of them.
#1. Budget Analyst
A Budget Analyst is responsible for supporting public and private organizations to manage their finances. However, according to BLS, they make an average wage of $78,970 per year, and the expected job outlook for this position is 3%.
#2. Actuary
An actuary scientist is responsible for analyzing and lessening financial risks using a combination of math, statistics, and financial theory. However, actuary scientists mostly work for insurance companies.
#3. Financial Director
In any organization, the finance director is part of the executive team. However, he manages and strategizes finances to ensure the long-term goal of the company.
#4. Financial Examiner
A Financial examiner monitors financial companies ensuring that they follow policy and legislation about financial management and transactions. However, financial examiners make an average salary of $81,430, according to BLS.
#5. Stockbroker
It is the job of stockbrokers to buy and sell stocks for clients. However, as a stockbroker, you’ll most likely work for a brokerage firm and be paid on commission.
Now, let’s discuss briefly, some of the requirements in obtaining a master’s in finance.
Masters In Finance Requirement
Here are some of the requirements needed to apply for a master’s in Finance.
To apply for MSc Finance, it is preferable if you have a First Class Honours degree from a recognized university. However, schools also consider applicants with an Upper Second Class Honours degree from a recognized university.
Furthermore, you should have studied a highly quantitative discipline such as Mathematics, Engineering, Economics, Finance, and science. However, there are no specific ‘A’ Level criteria. But many banks and companies in the financial sector have very strict grade requirements for their graduate programs.
Again, strong English language skills are vital to academic success on your MSc and in your future career.
Conclusion
In conclusion, there are several job opportunities available to a master’s of finance holder, likewise also requirements. However, you can look up to those 2022 masters in finance rankings in choosing a university to study.
Masters in finance FAQ
Is it smart to get a masters in finance?
You can get a Master of Finance from universities or graduate schools if you want to work in finance. If you get a Master in Finance (MFin) or a Master of Science in Finance, people usually call you that, too (MSF).
What can u do with Master in Finance?
There are several job opportunities available for a master’s degree holder in finance. Nevertheless, here are some of them
- #1. Budget Analyst
- #2. Actuary
- #3. Financial Director
- #4. Financial Examiner
- #5. Stockbroker
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