A Master’s in Finance is a course that teaches you how to apply numerical models, quantitative analysis, and statistical techniques to carry out financial management, investment analysis, and risk management.
Furthermore, a Master’s degree in Finance will provide you with the analytical skills and knowledge to compete in the financial and economic world and get the best, highest-paying jobs there are. Additionally, the program involves programs like:
Additionally, these programs will help you develop the ability to gather and analyze various kinds of financial data.
Furthermore, to apply for a Master’s in Finance in the USA, one must have a degree in mathematics, economics, accounting, business administration, statistics, or computer science. Additionally, the average annual tuition fee for a Finance master’s program in the USA is between $30,000 and $65,000.
However, it is worth it, as data scientists can go on to earn a high salary of $65,000 to $180,000 per year. This is because they are in high demand, as the industry has seen substantial growth over the years.
Therefore, the USA is the home of the best Finance universities that will provide you with world-class education, skill development, a multicultural environment, and lots more for international students.
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MS in Finance is regarded as a business field in the US. It includes courses like:
Also, the duration of a master’s degree in Finance spans two years, and the average cost of study is between 30,000 and 65,000 USD. However, this price is subject to change and varies according to individual universities.
Businesses now understand the importance of Finance in the day-to-day running of the financial field. As a result of this, there is a growing demand for professionals in this field, and it is not surprising that international students are embracing it. Therefore, as an international student seeking to pursue a degree in Finance, below are the lists of things you stand to gain:
The U.S. has both internship and job opportunities for Finance graduates. According to the Bureau of Labor Statistics (BLS), the projected growth rate for Finance jobs is 7% between 2021-2031. Additionally, with various large and small companies in the USA looking for financial analysts, your chances of getting a job are high.
As stated earlier, the US houses some of the best universities in the world. This means that students who study here will gain in-depth knowledge and skills from top professionals in the industry. Also, the presence of vast companies makes it easy for students to get opportunities from such brands.
A master’s degree in Finance helps boost your credibility and exposure to high-paying job opportunities. It qualifies you for jobs like
To study Finance at a master’s level abroad, students must meet the requirements stated below. Additionally, it is important to note that the requirements stated below will vary according to the individual university criteria.
It is expected that they have an excellent GPA in a relevant field. The minimum score is 3.0-4.0 on the 4.0 grading scale. However, it might vary according to the individual university criteria.
The GRE and GMAT are important requirements needed to gain admission to a master’s program in the US. The minimum requirement is 300, but the score varies according to the university’s rules.
3. English Proficiency Test:
Since America is an English-speaking nation and Finance is an English-taught skill, students will all need to prove their English proficiency by taking exams like IELTS, TOEFL, and PTE. The minimum expected score is 6 or it’s equivalent in the other tests.
Applicants will also need an updated resume with prior work experience. Your resume should also be properly written with no errors. Therefore, universities might not necessarily need a GRE test score if applicants have enough relevant experience in the given field.
In addition to the eligibility requirements, applicants should ensure that the following documents are saved to make the application easier. These documents include:
The United States currently has over 200 universities that offer a master’s degree in Finance to international students. Additionally, some of these schools also offer scholarship opportunities for students who might be interested. Some of the top universities for an MS in Finance are:
Jobs Opportunities Available In Finance
As one of the fastest-growing career fields, there are many opportunities available for graduates of the MS in Finance program in the United States.
The US has many companies that are seeking to hire financial analysts from top universities, including:
Read also: Top 10 Easiest STEM Courses To Study In The US
Generally, funding opportunities available to aid studying abroad for international students include grants, scholarships, student loan options, etc. Below is a list of the available options:
Scholarship Options
Deadline: 15 Nov 2023 (annual)
The next course starts on 1 July 2024
Also read: 9 Scholarships For IT Students Abroad 2024
Student loan options
Also read: Top International Student Loans For African Students
Seeking to start a career in Finance or any other field in business? Enrolling in the top universities in the world can increase your chances with employers. Unfortunately, it can be quite expensive to study abroad due to the current economic crisis. But this shouldn’t limit you, as there are other options you can explore to enhance your career.
MPower Finance and Prodigy Finance are some of the best student loan providers for international students. They also do not require a cosigner or collateral before an application.
At EdXtra Associates, we can help you with your loan application process. We also provide educational consulting services for international students to help make their journey easier and faster. You can reach out to us, as we’d love to guide you through this journey.
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Read Also:
Why You Should Study Masters in Data Science in the USA + Funding Opportunities
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This post was last modified on August 25, 2023 11:18 am