A Master in Finance is a great degree for getting into the wide field of finance. Popular jobs that requirea Master in Finance include treasurer for a large corporation or organization, budget analyst, insurance underwriter, financial analysis, personal financial advisor, auditor, and more. The salary of a Master in Finance graduate will be greatly affected by their post-graduation job and their graduate school. For example, a Financial Controller will make on average $85,000/year, a senior financial analyst will make an average of $80,000/year, but a Chief Financial Officer can make up to $215,000/year at the right company. Graduates from the top ranked Master in Finance programs often enjoy a starting salary twice that of graduates from lesser ranked schools, and impressive bonuses on top of the yearly pay. That being said, here’s what prospective students should look for in a Master in Finance program to ensure the best possible step forward into a great career.
Graduate school is one time students and people with minimal years of work experience get to interact with professionals who have worked in finance in coveted CIO positions and more. Prospective students should consider their career goals – where they want to end up – and find a program with faculty that has previous work experience in similar positions. Finance faculty is recruited by top universities from public, non-profit, and government positions, to offer the best education to students.
Achieving a Master in Finance degree isn’t just about the diploma and the education – it’s also about the networking. Top ranked programs will boast the great successes of their alumni and the positions they have achieved in the finance field. Alumni often look to their alma mater for hew hire recruitment.
While most people going after their Master in Finance have already narrowed down their field of study from a Master of Business Administration to the finance specialization, students can still further focus their studies. Focuses include banking and finance, corporate finance, financial instruments and portfoliomanagement, and international finance. For professionals interested in getting into one of these fields, a specialization will give them a leg up when it is time to apply for work.
Below is a ranking of the top Master in Finance programs. The research methodology used to determine this list includes class statistics, entering student GMAT scores, graduate employment and salary data, and the expert opinion of professionals in the field. This data was then compiled and ranked to produce a comprehensive list of the best Master in Finance degree programs.