What is the Course Structure for a Master's Degree in Finance?

Students, while pursuing a master's in finance, will spend learning practical computer software experience, attending lectures, and other methods. You will also have opportunities  to share your learning in seminars and work groups during MS in finance course. Let us check the course structure for the master's in finance.

1. Course Duration: MS in finance colleges globally offer this course with a duration of 1-2 years. Most countries also have placement options and paid internships for students participating in the program.
2. Core Courses Structure: Besides finance analysis and management, students through the course structure will be able to build leadership and communication skills. The core course structure involve:

• Investments
• Financial planning
• Insurance
• Commercial banking
• Trading
• The future of finance

What are the Subjects in Masters in Finance Courses?

There are many changes happening at the global financial level, and students need to stay prepared to adopt these changes. One way to understand the global financial level is to start with a master's degree in finance. Besides general subjects like accounting and financial modelling, the masters in finance syllabus include:

1. Quantitative Methods
2. Portfolio Management
3. Managerial Economics
4. Quantitative Finance
5. Computational Finance
6. Private Equity

All about an MBA ROI Abroad

What are the Specialisations for Masters in Finance Abroad?

A typical MS in Finance program starts with solid core courses to build a strong groundwork in finance principles in quantitative methods, accounting, microeconomics, forecasting & risks analysis, financial analysis and valuation and more. The following specialisation available in the finance field are:

1. Asset Management
2. International Finance
3. Financial Management
4. Financial Engineering
5. Financial Markets

5 differences between MS Finance & MS Financial Engineering

What are the Important Skills for a Master's Degree in Finance?

The world is in continuous need of finance professionals, so your knowledge will always be in high demand. Studying a master's degree in finance means you'll need to be able to think accurately while confirming your communication skills are excellent as you coordinate and team up with your fellow cohort. Some of the skills required are:

1. Proficiency in Finance Software

The financial job includes using tools and popular spreadsheet software to a large extent. A financial expert should be proficient enough in software for managing projects, financial statements, and compliance. You must be well-versed in tax software if you plan to prepare taxes.

2. Problem Solving

Problem-solving skills are vital when dealing with the ups and downs of finance, so it is essential to have these skills while pursuing a master's in finance. Practise analysing industry trends, begin a solid grip on how mathematical principles can be used to avoid loss during stock falls and use your data to formulate comprehensive reports on your findings.

3. Able to Prepare Financial Statements

Financial statements represent the overall finance situation of the organisation. You should be able to prepare finance statements, and balance sheets before starting a new employment. These statements offer a regular view of the financial health of your firm.

4. Communication and Teamwork

In a business setting, you may need to give presentations to executive groups, which requires oral and written communication skills. With good communication and teamwork, you can take up challenges. These skills are essential in today's corporate working culture.

5 Best Countries to Study MS Abroad 

Requirements to Pursue Masters in Finance Abroad

International students wanting to pursue masters in finance courses in top colleges have to fulfil the eligibility criteria and provide important documents for admission. Here is an overview of the requirements to qualify for the MS in finance colleges.

1. Bachelor’s Degree
2. English Language Proficiency Test Scores
3. GRE/GMAT Scores
4. Work Experience
5. Passport & Student Visa

So, these are some of the basic requirements to study finance masters programs. Let know it in detail:

1. Bachelor’s Degree

It is the most common requirement international students need to fulfil for the admission process. Students need to have a bachelors’ degree in the field of finance or accountancy from a recognized university with 70-80% marks and the CGPA should be around 3.7. /4

2. English Language Tests Scores

IELTS, TOEFL, or PTE scores are yet another important requirement to pursue the masters in finance course. This is a crucial prerequisite that needs to be met for both visa and admission purposes. The language score required for admission are:

TOEFL	80-100
IELTS	6.0-7.5
PTE	50-59

3. GRE/GMAT Scores

More and more international students are now seeking admission to masters in finance courses offered by top universities. International students must also submit their GMAT or GRE scores. To get into any good university, the recommended GMAT/GRE score required is:

• GMAT: 700
• GRE: 320

4. Work Experience

It is not a mandatory requirement needed by universities abroad. But some universities ask for minimum work experience of 2 to 3 years.

5. Passport & Student Visa

All overseas students who wish to enrol for the MS in finance at any university abroad must have a current passport and a student visa. Ensure to apply for your visa at least 3 months before the anticipated departure date.

Education Loan for Study Abroad

Documents Required to Apply for Masters in Finance Abroad

Admission to apply for the best masters in finance in the world requires a set of documents. Some of these important documents are mentioned below.

1. Education transcripts of previous institutions
2. Standardised test scores (GRE-GMAT)
3. Letter of Recommendation (1-2)
4. English Language Test Scores
5. Updated Resume or CV
6. Statement of Purpose
7. Valid Passport
8. Study Permit

Admission Process for Master’s Degree in Finance

As per the QS Ranking, around 156 institutes ranked among the world's best for master's in finance degrees in the newest ranking, including 57 in the US and 26 in the UK. These colleges or universities were measured on five metrics, including employability, thought leadership and worth for money. Here is a step-by-step guide to apply for MS in finance at top universities:

1. Find out the best universities and colleges that offer MS in finance subjects and programs.
2. Now you need to browse the university websites and collect all the information required for admission to these courses.
3. Submit all the documents such as test scores, transcripts, certificates, etc.
4. Fill out your application form with all the necessary details and pay the application fees.
5. After processing your application, you will be asked to attend an interview as a part of the admission process from the university.
6. Once you clear the interview, you will get your admission letter and you can book your seat at the college or university.
7. Pay your tuition fees and start your desired course at the university.

Best Countries to Study Abroad

Cost of Studying Masters in Finance Abroad

When you apply for masters in finance courses, it is vital to have a clear  idea about the fees along with the cost of living. The overall masters in finance fees at the best universities can be divided into two categories: tuition fees and cost of living.

1. Tuition Fees

The masters in finance fees in most universities and colleges is around- (USD 43,779.83- 75,051.13- INR 35, 00,000- 60, 00,000) per year. In many public universities in countries like the UK, Italy or Germany, students are charged very less for the respective course. But in countries like the USA and UK, the master’s in finance fees is comparatively expensive.

2. Cost of Living

Besides tuition fees, students also need to bear the cost of living in their respective  country. On average, the cost of living that covers transportation, accommodation, food, and others is around (USD 1000-2000 INR 79,945.50- 15,9891) monthly.

Important Resources to Study About Abroad
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Top MS in Finance Colleges Abroad

Many colleges offer best masters in finance which is of 1-2 years course and is a full-time course taught in business schools and colleges abroad. We have listed below top countries and colleges offering masters in finance.

1. Masters in Finance in USA

There are hundreds of colleges and universities in the USA offering masters in finance with a duration of 1-2 years. Students get different subject options including finance, audit, management, etc under MSc and MBA in finance courses. These courses give a solid corporate exposure and are able to connect with top finance experts. The average annual fees for MS in finance in the USA is around USD 33,805.74- 75,045.50 (INR 27, 00,000- 60, 00,000) per year.

University Name	QS World University Ranking 2023
Massachusetts Institute of Technology	1
University of Texas at Austin	72
Columbia University	22
University of Illinois Urbana Champaign	-
Boston University	108

MS In Finance In USA

2. Masters in Finance in UK

When studying MS in finance in UK, students will have a great learning experience. The duration of the course is around 1-2 years. Since the finance centre, London, is located in the UK, students will get excellent financial sector exposure. The curriculum covers theoretical learning as well as practical to get industry experience. Students will be prepared for different potential careers after completing their course. The annual fees to study masters in finance in the UK is around- (USD 17568- 37561.93- INR 14, 04,663- 30, 00,000) per year.

University Name	QS World University Ranking 2023
University of Oxford	4
University of Cambridge	2
Imperial College London	6
University of Edinburgh	15
University of Warwick	64

Finance Courses in UK

3. Masters in Finance in Australia

Australia is known for its top-notch educational institutions offering masters in finance for international students. The duration of the course is around 1-2 years. Another element luring students to this nation is the standard of living there which is quite average compared to other countries. The average annual fees for the masters in finance Australia is around USD 22,000- 55661.58(INR 17,58933- 44,43603.09) per annum.

University Name	QS World University Ranking 2023
Victoria University	701-750
University of New South Wales	45
University of Adelaide	109
University of Wollongong	185
Curtin University	193

Masters in Finance in Australia

5. Masters in Finance in Canada

Students choose to complete their master's in finance in Canada because of the top learning experience. The duration of the course is around 1-2 years. It's an excellent country for students to live, learn, and work because of its easy visa application process and multicultural society. Masters finance in Canada is an in-demand course, with 30+ Canadian universities offering programs. A master’s degree in finance is called MSc or MA, depending on the university. The average annual fees for MS in finance in Canada is around USD 19000- 38,000 (INR 1519078-3038157) per year.

University Name	QS World University Ranking 2023
Simon Fraser University	328
McGill University	31
University of Toronto	34
University of Alberta	110
Trent University	801-1000

Suggested:Finance Courses in Canada

6. Masters in Finance in Ireland

Many of the Irish universities provide quality education in masters in Finance. The duration of the course is around 1-2 years.There are some top universities that offer quality course structure for students to get a practical and theoretical learning experience. The average course fees for masters in finance in Ireland is USD 15009.10- 37522.75 (INR 12, 00,000-30, 00,000) per year.

University Name	QS World University Ranking 2023
Trinity College Dublin	-
University College Dublin	181
National University of Ireland, Galway	-
Maynooth University	800-1000
University of Limerick	531- 540

Masters in Finance in Ireland 

Scholarships for Master in Finance Abroad

Scholarships are a great assistance for students seeking masters in finance courses in any country. These grants help students to cover tuition costs and are offered under certain eligibility. Some of the scholarships offered by universities to pursue masters in finance-

1. UNIL Master’s Grants in Switzerland for Foreign Students- Switzerland

The scholarship is offered by the University of Lausanne in Switzerland for students wanting to pursue master’s courses in finance or any course at the university.

Scholarship Eligibility Criteria:

• Not to have been recorded with UNIL in the past
•  Students need to have a bachelor's degree from any of the top universities and present a score  of the language level with at least B2 in French or English.

Amount- Monthly stipend of USD 1594.69 (INR 12, 7497)

2. Hani Zeini Scholarship- USA

The scholarship is offered to international students who have a clear financial need and a willingness to pursue an inventive or entrepreneurial profession.

Scholarship Eligibility Criteria:

• All students registered in an accredited college or university from any program may apply for the Hani Zeini scholarship.
• Hani Zeini scholarship students must comprise an 850-word maximum essay that discusses the main business challenges of the 21st century. 

Amount- USD 1,000 (INR 79951.50)

3. Chevening Scholarships-UK

Chevening Scholarships is funded by the Foreign and Commonwealth Office (FCO) - targets the next generation of leaders, and opinion-formers early in their careers. It is also offered to students pursuing master’s courses in the UK.

Scholarship Eligibility Criteria:

• Be a citizen of a Chevening-eligible country.
• Have at least 2 years (equivalent to 2,800 hours) of work experience.

Amount- USD 21,964 (INR 17, 56,074.73)

How to Get a Scholarship to Study Abroad?

Job Opportunities after Master's Degree in Finance Abroad

Finance is an occupational subject that can open many doors to several career opportunities worldwide, from financial management or insurance to commercial banking and verge funding. They can apply for jobs in different sectors such as accounting, communications, marketing, public relations, etc. Here are some job roles after MS in finance.

Job Title	Average Salary Per Year
Financial Services Sales Agent	USD 64,000 (INR 51,13,984)
Financial Manager	USD 72,000 (INR 57,53,232)
Financial Advisor	USD 57,000 (INR 45,54,642)
Financial Analyst	USD 83,000 (INR 66,26,097)

Getting a Job While Studying Abroad

Spending a semester abroad during your masters in finance studies is a life-changing experience you won't miss! United with the professionally challenging subject of finance, you will quickly treasure yourself in the sight of recruiters from well-known companies after graduation. To know more about MS in finance colleges, connect with our Yocket Professionals and clear your doubts easily.