The Master of Finance study program covers a wide array of subjects, from financial management to investments and from accounting to capital management. If this fascinating domain about moolah management interests you, pursuing an MS in Finance can open a new dimension of opportunities for you. The US is one of the top destinations to pursue a Master’s in Finance, and here’s what you must know if you are planning to pursue MS in Finance in the US.

Key Highlights

• Benefits of pursuing MS in Finance in the USA
• Top 10 universities in the USA for MS in Finance
• A quick glance at the coursework of MS in Finance in the USA for Indian students
• Application process to pursue MS in Finance
  • Master’s in Finance: Eligibility
  • Documents to keep ready
• Costs to consider to pursue post-graduate courses in finance
• FAQs

Benefits of pursuing MS in Finance in the USA

• The US is not only an academic hub but also a financial hotspot. So, if you are looking for internship or work opportunities in the USA post-completion of your course, studying in the USA is a fantastic choice.
• Universities in the US are popular for offering MS courses with a duration of 12-18 months. This will ensure you start your career sooner.

Top 10 universities in the USA for MS in Finance

• Massachusetts Institute of Technology (MIT)
• University of California, Berkeley
• Columbia University
• University of Texas
• University of California, Los Angeles
• University of Illinois
• Georgia Institute of Technology
• Boston University
• University of Southern California
• Georgetown University

These most sought-after universities offer the best Master of Finance courses.

A quick glance at the coursework of MS in Finance in the USA for Indian students

• It will cover corporate finance that deals with the capital required to run the business to achieve sustainable, profitable growth.
• Quantitive methods are necessary to evaluate the value of financial assets such as stocks.
• Role of macroeconomic factors and their impact on the financial market
• Financial management covers strategic planning, organising, and controlling financial undertakings.

Application process to pursue MS in Finance

• Master’s in Finance: Eligibility
  • To pursue MS in finance, you need to clear English proficiency tests such as the International English Language Testing System (IELTS), Test of English as a Foreign Language (TOEFL), and Pearson Test of English (PTE).
  • Also, a graduate degree is necessary to seek admission to MS in finance. Also, every university will have a cut-off score that you must adhere to before applying.
  • Depending on the course you want to study, you must clear either Graduate Record Examinations (GRE) or Graduate Management Admission Test (GMAT). GRE is for all the major graduate-level programs, including a Master’s in Finance, whereas GMAT is only for Business Management programs such as MBA in Financial Management.
  • Management aspirants will benefit if they have some work experience before applying for courses such as MBA in Finance.
• Documents to keep ready
  • Your academic transcripts, including marksheets, entrance exams score, competitive exam scores and other certificates, are important
  • Statement of Purpose (SOP), Letter of Recommendation (LOR) and Resume

If you meet the eligibility criteria as prescribed by your university and once your documents are ready, you can visit the website of your chosen varsity to apply online. Application fee payment will be part of the application process, so be ready with your preferred mode of payment.

Costs to consider to pursue post-graduate courses in finance

When study abroad students plan their finances, they usually consider only the major costs, such as tuition fees and airfare. However, you need to think about other expenses such as travel expenses, accommodation, cost of learning devices, study material costs, living expenses and other education-related expenses.

If you are planning to opt for an education loan for study abroad courses such as MS in Finance, ensure the financial solution covers all the major educational costs. At Avanse Financial Services, we offer education loans for students that cover the holistic cost of education, including the expenses mentioned above.

FAQs

Will a Master’s in Finance fetch a good job?

The financial market is set to grow at a CAGR of ~ 7.5% by 2027. This domain has a huge scope that will enable you to take your career to great heights. So, pursuing a Master’s in Finance is a great choice.

Which course to pursue - MBA or MS in finance?

MS in Finance will introduce you to foundational and expert knowledge related to the financial market. Whereas MBA will impart management and basic skills required in the finance stream. Depending on your innate ability, learning goals and career aspirations, you can select either.

So, this is everything you must know if you are planning to pursue a Master’s in Finance degree. We understand that cost can become a roadblock if you want to study in the USA. Hence, at Avanse Financial Services, we offer personalised student loans that come with multiple benefits, such as quick sanctions and 100% finance. If you want more information, please connect with us today.