Information compiled by the GradSchools.com team - last updated December 2010
Studying in the field
Graduate study in the field of finance can involve a few different focuses. Degrees in finance can be earned at a Masters or a doctoral level. Some programs are MBA related and tend to be broader in application while other Masters degrees tend to focus specifically on finance, and on preparing the student to pass certain exams such as the CFA® exams, which are administered by the CFA Institute. Doctoral degrees often focus on research and teaching.
Most people pursuing graduate degrees in finance already have an undergraduate degree in a related field or have an equivalent background from work experience. Those wishing to switch careers may need to take some introductory classes before pursuing an advanced degree.
Graduate programs in finance combine a challenging range of subjects, which are designed to help students understand financial forces in today's modern business climate and contribute meaningfully to companies in helping them make wise financial choices. Please visit our sponsors for more information on the specific programs they offer to find one that meets your needs.
Job opportunities in the field
Advanced study in the field of finance can prepare students for work in a variety of career fields. Some of the most common include banking, insurance, securities, commodities, and other investment professions. The need for highly educated professionals in these industries has never been higher. More and more companies are using today's improved technology to automate many of their processes, and investment professionals are needed who understand the globalized marketplace and can offer innovative financial services to companies serving an increasingly wealthy and investment-savvy public.
Students with doctoral degrees can also pursue a variety of career options both inside and outside the world of academia. Many students pursuing doctoral degrees use them to teach or to do advanced research in the field of finance. Both academic institutions and businesses need highly educated financial experts in today's quickly changing financial world.
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