What is a Master’s degree in Finance ?
A Master’s in finance is a graduate-level program, designed for individuals who are looking to expand their understanding and abilities within the financial industry. Primarily focusing on the study of financial management, investment analysis, corporate finance, financial modelling, risk management etc., an MSc in Finance degree is ideal for both students and professionals- who aspire to either start afresh or upgrade their careers.
Why is it a good option to consider a Master's in Finance ?
Those looking to get into a career in finance often are encouraged to continue their studies by earning a Master of Business Administration (MBA). An MBA offers a broad curriculum in finance, markets, accounting, entrepreneurship, and management. But a more focused alternative that is becoming increasingly popular is a Master's degree in finance (Mfin or an Msc in Finance).
Curriculum
Includes core subjects:
Investments
Financial planning
Insurance
Commercial banking
Trading
The future of finance
You can choose specialisations according to your interest as follows;
Asset Management
International Finance
Financial Management
Financial Engineering
Financial Markets
Job Prospects after Master’s in Finance
Career Options | Salary (In pounds) | Salary (In USD) |
Financial Analyst | 75,000 | 93,750 |
Investment Manager | 57,486 | 71,858 |
Accountant | 31,635 | 75,000 |
Trader | 48,364 | 60,455 |
Insurance Specialist | 23,670 | 29,588 |
Portfolio Manager | 54,975 | 68,718 |
Financial Advisor | 34,660 | 85,000 |
Actuary | 57,232 | 71,541 |
Finance Manager | 54,547 | 68,184 |
Best Universities for Master’s in Finance
University Name | Course Duration | Tuition Fees |
16-22 months | £62,500 | |
12 months |
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12 months |
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12 months |
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12 months |
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12 months |
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13 months | $103,763 | |
18 months | $124,875 |
Why is Studying MSc Finance in the UK a good choice?
A one-year degree in Master in Finance in the UK is a brilliant opportunity for students to gain valuable insights into the domain. It also helps them acquire analytical skills that further facilitate securing lead roles in the financial sector anywhere in the world.
Here are some reasons why the UK continues to attract students from India to its MS in Finance course:
There are numerous scholarships available for Indian students that make studying in the UK easily affordable.
UK colleges and universities are renowned for imparting high-quality education and practical research opportunities across the world.
The UK allows students to take up part-time jobs while studying to support their educational expenses in the country.
An MSc in Finance degree obtained from a UK university holds immense value anywhere in the world as all universities in the country enjoy global recognition.
Why is studying MSc in Finance in the USA a good choice?
The USA offers top education with cutting-edge curricula.
There are numerous career opportunities, extensive networking options, and job prospects in major financial hubs.
Specialisations such as Banking and Investment Banking are available in the USA.
The country is known for leading research and innovative practices.
Competitive salaries and strong ROI make an MS in Finance in the USA highly sought after.
You will meet people from all over the world and have the chance to explore their cultures as well.
However it is best advised to pursue a STEM programme in Finance in the USA to enjoy a 3 year stay back period.
Why is studying MSc in Finance in Ireland a good choice?
Ireland's finance universities have connections to leading businesses and organisations, and there are many employment opportunities in Ireland.
Ireland is an affordable European destination to study finance.
Some programs in Ireland receive special recognition from the Chartered Financial Analyst Institute.
These three countries are the best options for pursuing an MSc in Finance. If you are unsure about navigating between them, please contact us at TFM . We can advise you on which country would be most suitable based on your profile, budget, and career goals.
Eligibility criteria for admissions in Msc in Finance abroad
A relevant bachelor’s or undergraduate degree in Finance, Economics, or Mathematics, Science or Engineering with more than 60% marks
English language proficiency (IELTS scores)
Eligible GMAT/GRE test scores (For information regarding GMAT and GRE test scores, kindly refer to our FAQ section)
A-level or equivalent score in Mathematics
Work experience (if applicable)
A valid Indian passport
A valid student visa
Documents required for Msc in Finance abroad
All academic transcripts and grade cards
Undergraduate degree certificate
Statement of Purpose for MS
Letter of Recommendation
Work Experience Letters
Awards/Certifications
Updated CV/Resume
Scholarships for Msc in Finance abroad
Indian students who want to pursue an MSc in Finance from a reputed university can apply for a range of scholarships. These scholarships and grants cover a large portion of your tuition fees and help significantly in reducing your living and study costs.
Frequently asked questions
How many years is an MFin degree for ?
Normally universities have a one year full time programme for an MFin degree. However it depends on the chosen country and universities too.
Is GMAT/GRE mandatory for all MFin programmes?
While many institutions require GMAT or GRE scores, some universities might waive off this requirement based on strong academic performance or relevant work experience.
If you want to know which universities waive off GMAT/GRE scores, contact TFM and book your free personalised session now.
How does studying Master’s in Finance abroad benefit in comparison to studying the same program in India?
Studying abroad often provides exposure to global financial markets, diverse cultures, and international financial practices. Furthermore, top universities abroad often have stronger industry linkages, which can be advantageous for internships and job placements. TFM offers you a detailed view of your profile and assists you in helping you find the right university based on your career goals and preferences.
Can I work in the country after completing my MFin degree?
Work opportunities post-graduation depend on the country's visa and work regulations. Many countries offer post-study work visas for international students. It's essential to check the specific work rights associated with the student visa for the country you're considering.
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