Finance professionals are indispensable in today’s global economy. They are the architects of financial strategies that drive business growth, ensure economic stability, and foster sustainable development. A Master’s in Finance is a powerful credential that will equip you with the advanced knowledge and skills required to excel in this dynamic field.

Key highlights:

• Master’s Degree in Finance - Course overview
• What you must know about MBA Finance
• Best universities for MSc Finance course
• Master’s in Finance and MBA Finance course fees
• Eligibility criteria for a Master’s Degree in Financial Management

Master’s Degree in Finance - Course overview

A financial master’s is a postgraduate programme that provides students with an in-depth understanding of financial concepts, markets, and instruments. The course typically takes a year or two to complete, depending on the type of programme and the university. Students can choose from various types of master’s degrees in finance, each offering unique perspectives and career pathways.

Also Read: A brief guide: Master’s in Finance in Ireland

Types of postgraduate finance degrees

Master of Science (MS/MSc) in Finance or Master of Finance (MFin)

An MS in Finance usually focuses on quantitative and analytical skills. With an MS Finance degree, you can pursue careers in investment banking, risk management, and financial analysis.

Master of Business Administration (MBA) in Finance

MBA courses with a specialisation in Finance combine financial concepts with broader business management skills. Such programmes are suitable for those who want leadership roles in corporate finance and financial consultancy.

What you must know about MBA Finance

An MBA in Finance is a popular choice for students aspiring to build their careers in the financial sector. The programme is tailored to develop technical and financial skills with leadership, strategic thinking, and management capabilities.

Curriculum

The MBA in Finance curriculum covers a range of subjects, such as Financial Accounting, Investment Analysis, International Finance, Financial Modelling, and Corporate Finance, equipping professionals with the practical knowledge and skills required to strive in today’s competitive corporate world.

Career Prospects

Graduates can pursue roles in Investment Banking, Corporate Finance, Financial Consulting, Asset Management, and Risk Management. The course also provides a platform to build connections with industry professionals.

Also Read: Everything you must know about Masters in Finance in Australia

What is an Executive MBA in Finance?

An Executive MBA (EMBA) in Finance is specifically designed for experienced professionals working in the financial sector. The programme offers a deeper dive into financial management while providing a broader perspective on business leadership.

The course accommodates the needs of working professionals by offering a part-time format, with online classes or in-person classes in the evenings and on weekends. It focuses on real-world challenges and industry-relevant case studies.

Interesting Subjects to Learn While Pursuing an MBA in Banking and Finance

Financial Accounting	Managerial Economics	Insurance Management
IT in Banking	Business Statistics	Macroeconomics

Best Universities for MSc Finance Courses

Here are the top universities as per the Quacquarelli Symonds (QS) World University Rankings and Times Higher Education (THE) World University Rankings.

Also Read: What students must know before pursuing a Masters in Finance in the UK

• QS category: QS World University Rankings by subject 2024: Accounting and Finance
• THE category: World University Rankings 2024 by subject: Business and Economics (Accounting and Finance)

Top Universities for MSc Finance Courses

Name of the University	QS Ranking	THE Ranking
Harvard University	1	3
Massachusetts Institute of Technology, Sloan School of Management	2	1
Stanford University	3	2
University of Oxford	4	5
University of Chicago	5	6

Master’s in Finance and MBA finance course fees

Depending on the country, coursework and duration, the fees will vary. For instance, in the US, the MS in Finance programme can range from ~INR 40,00,000 to ~INR 67,00,000 per year. The annual fees for the same course can be ~INR 33,00,000 to ~INR 55,00,000 in the UK. An MBA can cost ~INR 40,00,000 to ~INR 50,00,000 per year.

Eligibility criteria for master’s degree in Financial Management

Eligibility requirements for an MSc in Finance

• For an MSc in Finance, you have to complete your undergraduate degree in the relevant field.
• Most universities require students to submit the Graduate Record Examinations (GRE).
• English-speaking countries and universities require candidates to submit English language proficiency test scores, such as the International English Language Testing System (IELTS) or Test of English as a Foreign Language (TOEFL).

Also Read: Everything you must know before pursuing MBA in Finance

Eligibility for MBA in Finance

The basic requirements for studying abroad will be the same as for an MSc in Finance. However, for management studies, some universities might require either the GRE or the Graduate Management Admission Test (GMAT). Some universities will also require some relevant work experience.

Master’s in Finance provides the tools and knowledge to succeed in a competitive and ever-evolving industry. However, please remember that when you consider pursuing your higher education, you must plan your finances, too. Student loans can be a prudent choice to finance your education independently. You can use an education loan eligibility checker to understand the approximate loan amount you are eligible to borrow based on your current finances. If you have any queries, please contact us.