At Masters in Finance Schools students assess the latest investment management theories and calculation methods for asset valuation as well as portfolio and risk management. Students also prepare for the rigorous Chartered Financial Analyst® examination and/or Financial Risk Management certification.
Masters in Finance Schools confer graduate degrees in banking, financial planning, financial management, and more. Finance majors typically learn how to manage money in areas such as investments, corporate finance, international financial management, and financial institutions and markets.
A Masters degree in Finance provides graduate education in finance to prepare students to pursue careers in corporate finance, investment management and financial analysis. Graduates may also want to accrue experience before pursuing a DBA/PhD in Finance.
Far Reaching Appeal - Such programs could appeal to both today’s finance professional and recent graduates. With a range of opportunities to select from, participants could widen their skill base to approach the current economic climate with solid financial decision skills.
Finance and Business Courses - Most Master of Finance degree programs begin with core business courses such as economics and then move topics in financial theory and markets, investment analysis and corporate accounting. Curricula are frequently infused with advanced mathematics and statistics courses as well as data-intensive analysis.
DID YOU KNOW?
Many employers now seek financial manager-candidates with a masters degree, preferably in business administration, finance, accounting, or economics. i
Through dynamic course plans, persons could sharpen their expertise as they examine case studies, take part in internships and work to solve problems via other learning experiences. Alongside, elective coursework that delves into niche areas, or a chosen emphasis might help students develop both breadth and depth of financial and business savvy.
No two Masters in Finance schools have the same enrollment and admission process or standards. Some programs may enroll students with a specific undergraduate major, while others might just stipulate an undergraduate degree from an accredited four-year college or university. As a general rule, applicants also need to furnish official transcripts from all colleges and universities attended along with form, fee and possibly some or all of the following.
In some Masters of Finance schools, full-time students might earn their Masters degree in finance and in 1.5 years or part-time in 2 years. Length does vary between universities and programs.
Two of the main contenders to help make navigate the world of complex financial instruments and regulatory requirements are the MBA in Finance and Master of Science in Finance – MSF degree. Finance graduate schools may not have both programs on their menu. Students should thus carefully consider any goals or specific credentials they hope to achieve while making their selection.
What Is the MBA in Finance? An MBA in Finance generally offers a broad curriculum in operations, marketing, accounting, business strategy and managerial processes with finance as a concentration – not the bulk of the coursework.
MBA vs MSF in Finance: An MSF degree could provide a more finance-saturated or STEM curriculum than the MBA in Finance. In this type of program, students could study the finer points of a finance-related topic through a concentration on top of a spectrum of finance courses.
An MSF in Finance is a highly-focused program that could arm students with highly-focused knowledge of key areas.
Participants might also gain general modeling and analytical skills, including the ability to write computer programs, work with databases, simulate outcomes, perform regression analysis, and solve controlled optimization problems.
MSF Degree Curriculum
Frequently, the curriculum is divided, though each university does use their own format. For instance, an MSF program might feature prerequisites, required courses, and electives. Often, the prerequisites include upper level calculus, micro/macroeconomics, statistics, accounting and business finance. These may be met through undergrad credits - so plan ahead.
The required courses may aim to develop strong technical skills while electives might include a choice of career tracks. This is where the search could get really interesting as finance graduate schools have different choices. Examples of concentrations could span areas such as corporate finance, risk management, and asset management. These may offer course lists that line up with professional designations. CFA (Chartered Financial Analyst), FRM (Financial Risk Manager), and CAIA (Chartered Alternative Investment Analyst) for instance.
MSF students may also be tasked with a final project or research paper.
A Master of Science in Financial Planning (MSFP) degree program is often a 30-credit program designed to prepare graduates for the Certified Financial Planner (CFP) exam. Participants usually study to learn financial planning strategies, research techniques, and methods of analysis along with other highly focused topics.
An MBA in Finance typically starts out with the premise that financial concerns are a part of nearly every organizational decision. Through an emphasis on specific analytical skills, MBA students who choose the finance concentration might emerge with useful knowledge such as the ability to weigh costs and benefits.
Some MBA programs consist of 42 credits (this varies), out of which about 30 credits could be devoted to foundational (core) courses in business and management processes.
Remainder credits could then be devoted to required finance concentration courses, a finance elective (e.g. global finance) and an applied research capstone.
MBA- CFA Track: Students who specifically want to pursue a career in asset and wealth management, hedge funds, private equities, venture-capital and research might look for an MBA in Finance which could prepare them to sit for one of the CFA exams.
For those who want to sharpen business management skills and study finance more comprehensively than as a side emphasis, some finance schools do offer MBA/MSF – Finance programs.
A dual degree in business and finance might require fewer courses than if each degree were earned separately. Students who complete the dual degree may earn an MBA with a concentration in finance and an MSF degree.
From the MBA component, graduates might take away leadership skills such as how to manage and motivate personnel in a workplace, core business values and a refined grasp of international economics. For the MSF degree, students may take away solid skills in corporate finance, financial mathematics, and investment banking.
Do you hope to study finance in a specific city, state or country? Location could be one of the things to check out as some Masters in Finance schools may be positioned near or in cities with major financial districts like New York, Boston, Philadelphia or Chicago.
Sometimes, a university may have guest lectures or networking events which could mean lots of extra interaction with business leaders from the community. Or, the school location might open up opportunities to pursue internships at investment banks and any multinational corporations in the vicinity.
On-campus MSF and MBA degree programs could also mean that learning extends beyond in-class lectures. Some universities have things like financial trading labs where one could gain hands-on experience in a trading environment that might have the same hardware, software and applications used by today’s financial managers.
Universities with Masters in Finance degrees may be regionally accredited. At the institutional level, this generally vouches for a school’s overall standards and fiscal stability. Some schools and specific Masters and MBA programs may also be accredited at the programmatic level. This might speak to other whether a course list is relevant and/or follows ethical professional guidelines. Agencies of this nature might include the AACSB (Association to Advance Collegiate Schools of Business) and ACBSP (Accreditation Council for Business Schools and Programs).
Taking into consideration the type of program (MBA in Finance, MSF or MFP degree), desired concentration (banking, financial planning) and location, scroll through partner Masters in Finance Schools next. Make your selection, then use the on-page form to contact finance graduate schools directly.
Sources: [i] bls.gov/ooh/management/financial-managers.htm#tab-4
University of Denver
At the Daniels College of Business at the University of Denver, hands-on experiential learning is as important as business fundamentals.
University of Colorado Denver