A Masters in Finance program offers a gateway to the global financial realm. Whether you want to pursue your career in investment banking, asset management, or corporate finance, studying abroad holds a wealth of potential. It also specialises tracks like Asset Management, Quantitative Finance, or Data Analytics and Fintech to align your education with your passions.
Masters in Finance Colleges: A Snapshot
Masters in Finance colleges are like schools that teach about Handling of money. They teach you practical skills that you can use in jobs like banking, managing money, or working in big companies. These colleges are found in gigantic universities or special business schools. They have really good teachers and teach stuff that’s important for jobs. Students get to do practically important things like projects and meet important people in the actual World.
| University | Program Duration | Tuition (USD) | Average Salary (USD) | GMAT Score |
| University of Illinois | 15 months | $72,963 | $70,842 | 690 |
| Princeton University | 2 years | $62,860 | $199,000 | – |
| University of Fordham | 1 year | $65,136 | $71,734 | 670 |
| University of Oxford | 9 months | £55,630 | £66,880 | 750 |
| University of Cambridge | 1 Year | £55,080 | £1,08,015 | 700 |
| London Business School | 10-16 months | £62,500 | £94,340 | 710 |
| Bayes Business School | 24 months | £68,000 | £52,167 | 660 |
| King’s College London | 1 year | £19,000 | – | NA |
Eligibility
Eligibility criteria for pursuing a Master of Finance (MFin) degree may vary depending on the university or institution offering the program. However, there are some common requirements that MFin students typically need to meet:
- Bachelor’s degree
- Strong Academic record
- Quantitative Skills
- GMAT/GRE scores
- Work Experience
Employment and Salary
With an MFin degree, graduates can pursue a wide range of roles, such as financial analyst, investment banker, portfolio manager, risk manager, or financial consultant. These roles often come with attractive salary packages, reflecting the demand for finance professionals with advanced qualifications and expertise. Some of the major job roles and their salaries are given below:
| Job Role | Average Salary (per year) |
| Financial Analyst | $71,635 |
| Wealth Manager | $77,724 |
| Forensic Accountant | $80,480 |
| Investment Banking Analyst | $88,197 |
| Personal Financial Officer | $91,931 |
MFin Fees and Expenses
Tuition fees for MFin programs vary widely depending on factors such as the institution, program duration, and geographic location. Top-tier universities and business schools may charge higher tuition fees compared to less prestigious institutions. Additionally, MFin programs offered by universities in major cities or financial hubs may have higher living expenses due to the cost of living in these areas.
| Expense | Cost |
| Accommodation | $23,820 (for 18 Months) |
| Food | $9,460 |
| Transport | $3,428 |
| Utilities | $9,420 |
Conclusion
Students learn a lot from studying hard, doing practical stuff, and knowing what’s happening in the finance world. They get the skills and knowledge to do well in different finance jobs like financial analysts, investment bankers, or managers. The MFin degree helps them be ready for tough situations and contribute to the world economy in important ways.
