MBA in Finance Abroad: Find Out Best Colleges for MBA in Finance Abroad

Best Colleges for MBA in Finance Abroad

As a finance MBA student, you’ll study the principles and processes behind successful financial management. You’ll learn how to understand financial information, analyse risks, analyse market trends, and frame business plans. Some of the top universities for MBA in Finance in Abroad are:

1. Concordia University
2. University of Birmingham
3. Pace University
4. University of California
5. University of South Australia
6. Western Sydney University

So, these are some of the MBA finance colleges abroad that offer MBA in finance degrees to international students. Let’s know it in detail:

1. Concordia University

The MBA in Investment Management is a master's level program offered to international students. The students will learn how to master real estate investment, risk management, securities analysis and other important topics within the financial field.

QS World University Ranking 2022	521-530
Country	Canada
MBA Program	MBA in Finance
Tuition Fee	32,625 CAD/year

2. University of Birmingham

The program aims to advance management and technical skills by directing on key areas such as international banking, banking and finance parameter and supervision, risk and asset and liability management, etc. MBA global banking and finance attract highly skilled and experienced international students from diverse cultures and nationalities and is highly rated by international students wanting to study banking and finance.

QS World University Ranking 2022	90
Country	United Kingdom
MBA Program	MBA Global Banking and Finance
Tuition Fee	31,500 EUR/year

3. Pace University

With an MBA in Corporate Finance, students can play a central role in brokerages, insurance companies, financial institutions and many other finance-driven industries. International students will obtain a broad foundation in all business disciplines and dedicated expertise in areas essential to one's success. They will also gain experience analysing the financial problems faced by global firms in the present environment.

QS World University Ranking 2022	-
Country	New York
MBA Program	MBA in Corporate Finance
Tuition Fee	53,625 USD/year

4. University of California

This program is planned to educate students in understanding, translating and presenting multifaceted financial instruments to their users. The curriculum offers the vital financial insight students need to influence and lead the financial management industry. It also builds financial analysis skills that can be functional to national and international careers in investment banking and risk management, corporate finance etc.

QS World University Ranking 2022	40
Country	USA
MBA Program	MBA in Corporate Finance
Tuition Fee	65,124 USD/ year

5. University of South Australia

The MBA degree contains 9 required core courses, two electives and a final capstone experience. The course will give international students the professional knowledge and skills to recommend boards, join boards, and better recognize the input a high functioning board makes to an organisation's success.

QS World University Ranking 2022	326
Country	Australia
MBA Program	MBA in Finance
Tuition Fee	36,000 AUD

6. Western Sydney University

The Master of Applied Finance prepares international students for managerial careers in finance, banking and property investment sectors. It offers students the opportunity to obtain technical knowledge essential to function in a developing and increasingly cultured financial environment with an importance on the practical application of these techniques.

QS World University Ranking 2022	494
Country	Australia
MBA Program	Master of Applied Finance
Tuition Fee	31,760 AUD/ year

MBA in Finance Abroad Program Structure

Finance MBAs are inclined to start likewise to other MBAs, with core subjects in a range of business disciplines. Let’s look over the 1st & 2nd-year syllabus for financing MBA abroad.

First Year MBA in Finance Syllabus	Second Year MBA in Finance Syllabus
Cost of Capital	Money and Capital Markets
Finance Functions	Portfolio Analysis
Financial Planning	Cash Management
Advance Marketing	Capital Budgeting
Leverage	Statistics for Business
Valuation of Bond & Shares	Theories of Capital Structure
Macroeconomics	Dividend Decisions
Financial Management	Inventory Management
Cost of Different Sources in Finance	Cash Management

Course Specialisation in MBA in Finance in Abroad for International Students

As international students advance through the core courses of the MBA, they initiate to start taking concentration courses. Some of the following MBA courses typically include:

1. Collections
2. Investments
3. Portfolio Management
4. Borrowing
5. International Finance
6. Disbursements
7. Securities Analysis
8. Hedge Fund Management
9. Corporate Investment Management
10. Small business and corporate Finance

Suggested: Highest Paying MBA Specialization

Eligibility Criteria & Admission Requirements for MBA in Finance for International Students

Pursuing MBA in Finance Abroad offers you the chance to have an internationally recognized degree and discover job opportunities abroad with a higher salary and career growth.  But before getting admission to top universities abroad, there are some criteria that a student needs to fulfil.

1. Bachelor’s Degree
2. Work Experience
3. English Language Proficiency Test
4. Entrance Exams
5. Student Visa
6. Additional Requirements

So, these are some eligibility criteria required for doing MBA in finance abroad for international students. Let’s know it in detail:

1.Bachelor’s Degree

International students interested in pursuing MBA in finance from abroad need to have a bachelor's degree with a minimum of 50% marks in business or associated field from a recognized university.

2.Work Experience

Some universities abroad ask for a minimum work experience of 3 to 5 years from international students to be admitted for MBA in finance degree program.

3.English Language Proficiency Test

To get admission to top universities in different countries like the UK, USA, Australia, Canada and many others. It is essential for international students to give English language scores, including IELTS or TOEFL exams. The score required for the IELTS exam is 6.5 or above, and for TOEFL, 100 or above.

4.Entrance Exams

Many universities abroad may ask for entrance exams for MBA in finance programs like GMAT or GRE.

5.Student Visa

Once a student gets an acceptance letter from the applied university abroad for MBA in finance, they can apply for a student visa. Different countries have different visa requirements, so ensure to first contact the embassy or visit the official website to know about the student visa process or contact the university.

Suggested: Top International MBA Colleges Accepting CAT Score

Additional Documents Required for MBA Finance Colleges Abroad

There are some additional documents required at the time of the admission process. The following official documents are:

1. Academic Transcripts
2. Updated Resume
3. LOR
4. SOP
5. MBA Essay (if required)
6. GMAT Score (optional)
7. Valid Passport
8. Current Photographs (Passport size)

Suggested: How to Pursue MBA Abroad Without Work Experience?

Admission Process for MBA in Finance Abroad

To be in the best colleges for MBA in finance abroad, students need to follow some steps to obtain admission to universities abroad.

1. Search for the universities abroad that offer MBA in finance programs and then shortlist some of the top universities to apply to.
2. After selecting the best colleges for MBA abroad, check out the eligibility criteria and see if they match or not.
3. Fill out the admission application form available on their websites for MBA in Finance and pay the application fee.
4. Once the application is submitted, start gathering the required documents as mentioned on the university's official website.
5. Submit all the needed documents required for the admission process.
6. If you've got selected, start preparing for the interview rounds for the MBA program.
7. After receiving the acceptance letter from the applied university, revert to the confirmation mail.
8. After completing all the document work for admission, apply for a student visa for the country you've selected to study.

Suggested: Find All about MBA Abroad Eligibility

Cost of Studying MBA in Finance from Abroad

MBA in finance is planned in a way that it teaches international students a general knowledge and advanced knowledge of finance. Studying an MBA in finance abroad includes the cost of studying and the cost of living in foreign countries.

Tuition Fees

Deciding which country to study for MBA in finance program can be difficult sometimes, so to know the average cost of studying MBA abroad, below we have tabulated the average fees of studying MBA in different countries:

Country	Average MBA in Finance Fees
USA	60,000 – 65,000 EUR
UK	60,000- 72,000 EUR
Australia	35,000 – 57,000 AUD
Canada	28,000 – 66,000 CAD
Singapore	38,000- 77,000 EUR

Cost of Living

The average cost of living in abroad countries includes accommodation facilities and other utility expenses.

Country	Monthly Rent Cost	Monthly Utilities Cost
Australia	273- 864 AUD	133 AUD
USA	500- 3,500 EUR	185 EUR
UK	719-855 GBP	131 GBP
Canada	190- 531 CAD	129 CAD

 Suggested: Cost of studying MBA abroad for International Students

Scholarships for MBA in Finance for International Students

International students who feel that the MBA tuition fees for a specific course in a particular country are way above their reach could opt for a student education loan or apply for an MBA student scholarship to go ahead with their vision of pursuing their MBA education.

Scholarship Name	Amount Awarded
Ontario Graduate Scholarship	15000 CAD per year
GREAT Scholarship	10000 GBP
Go Clean Scholarship	3500 USD
BrokerFish International Student Scholarship	1000 USD
Australia Awards Scholarship	The Australia Awards Scholarship covers tuition fees, Economy class tickets from and to Australia.
Forte Fellowship	20000 GBP

Suggested: Top 10 Countries To Study MBA Abroad

Jobs in Abroad after MBA Finance

An MBA in Finance can work in numerous fields such as taxation, tax planning, financial statement reporting and analysis, investment banking, hedge fund management etc. Some of the jobs abroad after an MBA in finance are:

Job Options	Average Annual Salary in INR
Finance Manager	9.80 Lakhs
Credit Risk Manager	13.50 Lakhs
Portfolio Manager	10.71 Lakhs
Financial Analyst	4.22 Lakhs

MBA in finance abroad is the right career choice for international students with good financial knowledge and aptitude to analyse and those with a deep-rooted understanding of economic models and the stock market. So, if you’re the one who is considering doing MBA in finance from abroad, connect with our Yocket Professionals today and get further information regarding different countries for MBA programs.