Choose to pursue one of the best master’s in finance, and you’ll be poised to advance your current career or to transition into the growing, high-paying field of financial services.
The complex world of finance isn’t for everyone—and that’s an understatement! Start a conversation at a dinner party and you’re likely to find that the vast majority of the folks you talk to not only dislike creating budgets, analyzing investment strategies, and monitoring cash flow—but they hate it!
But for the people who love working with numbers and have strong analytical and decision-making skills, a master’s of finance degree might be a smart choice.
Let’s not forget the fact that jobs in finance are expected to grow exponentially within the next decade. As companies accumulate more cash and expand their operations with foreign countries, the demand for financial managers and other finance professionals is expected to skyrocket.
Related article: Top Masters In Finance Online Programs
What Are the Best Master’s in Finance Degrees?
At CollegeRank, we strive to do our best to guide you and your family toward a fruitful academic career. The pursuit of knowledge is a noble one, and we want to help you reach your goals. Please feel free to visit our dedicated methodology page for a step-by-step breakdown. For questions, comments, badge downloads, or data corrections, please feel free to reach out to us at editor@www.collegerank.net.
See also: Best Schools for Master’s Degrees in Accounting
1
Texas A&M University
Location
College Station, Texas
Enroll at Texas A&M University and you’ll become one of more than 70,000 students who call themselves Aggies. With the second-largest student body in the United States, this massive school is home to more than half a million proud alumni, all of whom can attest to the high quality of education you will receive at this public land, sea, and space grant institution.
The Master of Science in finance is a small program, usually only enrolling around 50 students per year. From “STEM to stocks” this program will prepare you with the knowledge you need for any finance-related career.
Most students are able to complete their studies in just one year after finishing their undergraduate training, but if you are currently a junior or senior at Texas A&M, you may be able to apply for accelerated admission!
This master of finance degree is offered by the Mays Business School, a school that is known for having one of the most powerful networks in the world for finding jobs, according to Business Insider. You’ll enjoy a 90%+ employment rate in finance-related industries like corporate finance, consulting, financial services, and more.
To apply, you should have an average 3.5 GPA and score in the 70th percentile on the quantitative section of either the GRE or GMAT. You will need to provide:
- Unofficial college transcripts
- GMAT or GRE scores
- An essay
- A resume
All materials are due by June for fall admission.
2
University of Texas at Dallas
Location
Richardson, Texas
The largest public university in Dallas, the University of Texas at Dallas was originally founded as a private research organization, affiliated with Texas Instruments. As you might expect, the school maintains its proud traditions of research and innovation today, classified as a doctoral research university with “Highest Research Activity” by the Carnegie Foundation.
The Master of Science in finance at the University of Texas at Dallas will provide you with the in-depth skills you need in both the practice and theory of finance. You’ll gain the skills necessary to scrutinize financial information and to communicate that information to a team. You’ll work closely with industry partners who are widely recognized in the field—and who can help you gain the skills you need for career success.
This finance degree has classes that start in the fall, spring, and summer semesters. It’s a flexible program that will enable you to complete your work at your own pace and to choose courses that match your unique career goals. There is also a cohort-based option that will enable you to take classes with a like-minded group of peers. This option has admission only in the fall semester.
When you’re ready to apply, you’ll need to submit your transcripts with a GPA of 3.0. You’ll submit GMAT or GRE scores, at least one letter of recommendation, a resume, and a personal essay detailing your goals and interests.
3
University of California – Los Angeles
Location
Los Angeles, California
Just one of the ten universities in the sprawling University of California System, the University of California-Los Angeles was founded in 1882. Originally a southern branch of the California State Normal School [a school that is today known as San Jose State University], UCLA is the second-oldest school in the state university system.
This kind of legacy carries on to its dozens of high-quality programs, among them a top master’s in finance. The Master of Science in finance is offered by the Anderson School of Management and is top-ranked by QS World University Rankings of Finance Masters Programs. You’ll take classes that will prepare you for rewarding finance careers in areas like:
- Hedge funds
- Private equity
- Money management
- Risk management
As a 15-month finance degree, it is remarkably small, featuring just a 3:1 student-to-faculty ratio. The MSF program boasts an impressive 94% job placement rate within six months after graduation, with the average graduate bringing in a salary of more than $100,000.
Because this school is located in the heart of Los Angeles, you’ll be able to enjoy access to commercial and financial opportunities at some of the most influential financial organizations. Not only that, but you’ll be able to apply your knowledge to a real-world setting through summer internships and the unique applied finance project, which will pair you with a real client to tackle some of the most pressing problems faced by their companies.
4
University of Florida
Location
Gainesville, Florida
Ranked as the sixth-best public university in the United States by U.S. News & World Report for 2021, the University of Florida is located in Gainesville, FL. It’s a large university with multiple graduate programs, including professional tracks in fields like:
- Pharmacy
- Veterinary medicine
- Law
- Engineering
- Business administration
- Dentistry
Of course, for aspiring finance professionals, this best master’s in finance here is a no-brainer. Started in 2001, the MSF program exists mostly as a combined degree so that you can complete your undergraduate degree and a Master of Science in finance within just four years.
Ranked one of the best finance programs among public schools by TFE Times, this master’s in finance offers a number of benefits to prospective students. You’ll have access to the Capital Markets Lab, for example, which includes nine Bloomberg terminals for student use and a wide spectrum of actual business applications. There’s even a stock ticker and electronic stock boards here so you can stay on top of market changes!
You’ll also be able to participate in campus events like the Finance Professional Speaker Series. In this series, you’ll join finance professionals as they discuss their area of expertise. This is a great way to learn about trends in finance—as well as to make some valuable career connections for after you have graduated.
5
University of Virginia
Location
Charlottesville, Virginia
Founded in 1819 by Thomas Jefferson himself, the University of Virginia is one of the oldest universities in the entire country. A flagship university of Virginia and home to multiple historic foundations, secret societies, and even a UNESCO World Heritage Site, this school is packed to the brim with tradition and known for its high quality of education.
The finance degree at the University of Virginia exists as a track in its Master of Science in commerce degree. In this finance program, you’ll focus on issues related to resource allocation, money, and profitability. You’ll take core classes in areas such as:
- Financial Management
- Corporate Valuation and Financing
- Information Management for Financial Services
- Valuation Under Uncertainty
- Asset Management
To apply for this master’s in finance, you will need to choose from one of six different application deadlines from November through June. Decisions are rendered quickly, usually within just one month of applying. You will need to submit materials such as:
- Transcripts
- Letters of recommendation
- GRE or GMAT test scores
- A resume
- An online application
6
Texas Tech University
A public research university located in Lubbock, TX, Texas Tech University was established in 1923. However, it wasn’t always known as Texas Tech. This school first opened its doors as the Texas Technological College. Regardless, the school now boasts an enrollment that is the seventh-largest in Texas, with more than a quarter of the undergraduate student population identifying as Hispanic.
This diversity is just one reason why Texas Tech is a smart choice to consider if you’re trying to find a place to pursue your master’s degree in finance. The Master of Science in finance will provide you with the skills and knowledge you need to succeed in the myriad fields of:
- Finance
- Investment management
- Security analysis
- Commercial and investment banking
A 36-credit hour program, the finance degree includes core classes such as:
- Financial and Managerial Accounting
- Statistical Concepts for Business and Management
- Fundamentals of Real Estate
- Relationship Management for Financial Services
To apply for Texas Tech’s master’s in finance, you will need to submit supplemental standard materials like:
- A resume
- GRE or GMAT scores
- Two letters of recommendation
- Official transcripts
- A one-page essay detailing your goals and personal experiences
7
Massachusetts Institute of Technology
Location
Cambridge, Massachusetts
A private land-grant research institution in Cambridge, MA, Massachusetts Institute of Technology is known for its outstanding programs in applied science and engineering. It has a unique polytechnic university model and has played an influential role in the development of:
- Modern engineering
- Science
- Technology
- Mathematics
This top master of finance at MIT will prepare you for a wide variety of career opportunities, including those directly in finance as well as those in related industries. You will benefit from a school with a global reputation along with world-renowned faculty and a hands-on approach to teaching and problem-solving.
This finance degree is one of the few that is STEM-classified, meaning the curriculum focuses on the application of mathematics and statistics to the discipline of finance. It allows international students to extend their training by working in their field of study and is a top-ranked program among competitors. Not only that, but you can customize this program to meet your unique needs and career goals.
You’ll take classes such as:
- Foundations of Modern Finance
- Financial Markets
- Corporate Finance
- Corporate Financial Accounting
You can also choose from concentrations such as financial engineering, corporate finance, or capital markets to further focus your career.
8
Villanova University
Location
Villanova, Pennsylvania
Villanova University is a private Augustinian Catholic university located in Villanova, PA, just outside of Philadelphia. The Villanova School of Business has been a leader among business schools since its founding in 1922 and is known for its research, hands-on learning approach and a strong alumni network.
Villanova’s Master of Science in Finance is a full-time, 11-month program that will give you a strong foundation in finance with exposure to the cutting-edge areas reshaping the future of finance, including:
- Financial theory
- Statistics
- Quantitative finance
- Analytics
- Investment management
The program’s curriculum lets you explore your interests through a wide variety of related electives, enabling you to gain the exposure and skills most relevant to your intended career path within finance. You’ll learn from industry experts in the classroom and also be able to access some of the latest technology through the Gmelich Lab for Financial Markets. You will be able to put theory into practice with every single class you take.
The Villanova MSF program is STEM-designated, meeting governmental criteria as an approved field of study in science, technology, engineering or mathematics. It is designed for recent graduates as well as those who just have a few years of work experience. You’ll benefit from a program with extensive professional development opportunities along with resources that will help you achieve your career goals.
9
Indiana University – Bloomington
Location
Bloomington, Indiana
Home to more than 40,000 students, Indiana University-Bloomington is a member of the Association of American Universities, founded in 1820. Choose to enroll here, and you’ll be busy not just in your classes but also in your out-of-class life. This school is home to an extensive student life program with more than 750 different student organizations and plenty of Greek life options to choose from.
You will have plenty of choices when it comes to your major, too, with dozens of degrees offered on campus. The Kelley School of Business offers an impressive Master of Science in finance that will allow you to pair an undergraduate degree of your choosing with targeted graduate-level skills in finance.
The master’s of finance program is ranked fifth in the world for its graduate career services and offers a 100% employment rate within 90 days of graduation. Not only that, but graduates earn an impressive average starting salary of more than $74,000.
The curriculum consists of 30 credit hours of study and takes most students just 11 to 12 months to complete. You don’t have to have a business degree to apply, since the curriculum will acquaint you with all the core skills you need to be successful as a finance professional.
You’ll take classes to hone your expertise in topics such as:
- Financial modeling
- Asset allocation
- Risk management
- Capital budgeting
- Currency management
You don’t need much to apply—just an undergraduate degree from an accredited university. Application materials are due March 1 and include a resume and personal statement, unofficial transcripts, and two letters of recommendation.
10
University of California – Irvine
Location
Irvine, California
With 87 undergraduate degrees and 129 graduate and professional degrees, it might be tough for you to pick the perfect major when you decide to study at the University of California-Irvine. However, the top master’s in finance at this Publicly Ivy institution is one of the best in the entire country—and worthy of your consideration.
Offered by the UCI Paul Merage School of Business, the master’s of finance will provide you with the advanced practical and technical training you need to be successful in finance in a uniquely digital modern world. A one-year program, it will require you to take classes full-time as you prepare for entry into mid-level finance positions in areas like:
- Assets and wealth management
- Forecasting
- Risk management
A STEM-designated program, the finance degree allows for up to 36 months of optional practical training upon graduation. You’ll enjoy a final capstone project that will enable you to collaborate with Fortune 500 companies and plenty of financial aid opportunities [like a $10,000 scholarship for California residents] to boot.
11
Johns Hopkins University
Location
Baltimore, Maryland
Founded in 1876 and named after its benefactor, Johns Hopkins himself, Johns Hopkins University in Baltimore, MD is known for its revolutionary programs in medicine and science. In fact, the school is still closely affiliated with Johns Hopkins Hospital and remains a leading American institution when it comes to annual research and development expenditures.
The Master of Science in finance at Johns Hopkins is a one-year, 36-credit hour program that is STEM-designated. It includes numerous options for financial aid, including scholarships, payment plans, loans, and more. Offered both in Baltimore and Washington, D.C., this full-time master’s of finance program will acquaint you with everything you need to know in order to be eligible to sit for the CFA examination.
Combining theory and practice, this finance degree emphasizes cutting-edge financial planning skills like statistical, computational, and econometric techniques [along with their role in financial decision making].
This flexible program can be completed part-time, if you choose, as well as online or in a hybrid fashion. It’s offered by the Carey Business School at Johns Hopkins, a school that is well-known for the role it plays in the local investment environment and the global financial market. You’ll benefit from numerous experiential learning opportunities such as the Student Startup Challenge, Hexcite, and Impact Sprints.
12
New York University
Location
New York City, New York
If you’re going to study finance, there’s probably no better place to do it than in the heart of the financial world itself—in the middle of the Big Apple. New York University, located in Greenwich Village in Manhattan, is known for its open urban campus and its high-quality programs for students of all backgrounds. It’s home to numerous professional and undergraduate schools along with multiple degree-granting campuses overseas, including those in Shanghai and Abu Dhabi.
The finance degree is a joint program offered by the NYU Stern School of Business and the Hong Kong University of Science and Technology Business School. You will be able to take courses over the course of one year, with classes divided into seven onsite modules with four in Hong Kong, two in New York City, and one in Shanghai. As you might infer, it’s a globally-focused program designed for experienced professionals.
To apply for this top master’s of finance degree, you must have at least five years of full-time work experience. The curriculum of this program will prepare you for work in all kinds of financial dimensions, including behavioral finance and FinTech.
13
University of Maryland
Location
College Park, Maryland
The flagship university of the University System of Maryland, the University of Maryland College Park is home to more than 41,000 students and an impressive alumni network of more than 360,000 strong. Because of this, you’ll not only have access to exemplary opportunities for research, hands-on learning experiences, and work opportunities while on campus, but you’ll also be connected with professionals who will support you in your career for the rest of your life.
That’s true of all programs but especially the incredibly innovative master’s degree in finance. This program is offered by the Robert H. Smith School of Business and will provide you with the advanced skills you need for an exciting, rewarding career in finance. You’ll learn all the latest industry technologies, like R and Python, and combine the theories you acquire in class with real-world projects.
Not only that, but the curriculum of this finance program will provide you with the skills you need to sit for the Certified Financial Analyst and Financial Risk Manager exams.
Regardless of your career goals, you’ll find that this master’s in finance program does a nice job of getting you started off on the right foot. You’ll benefit from career insights from the school’s finance career coaches and professors, all of whom have years of relevant experience in finance and business.
Rice University, or William Marsh Rice University, is a private research university located in Houston, TX. Located on a 300-acre campus, the school has an undergraduate focus yet still maintains a number of high-quality graduate degrees as well. It emphasizes the importance of a close-knit campus and has a small student-faculty ratio of just 6:1.
Because of this, you’ll get to know your professors and fellow students quite well as you take courses in the finance major here, offered as a concentration within the Master of Business Administration.
You’ll take most of your classes on the main campus in the heart of Houston, working full-time to complete your degree as you explore other opportunities like clubs, extracurricular activities, and alumni networking events. You can choose from more than 100 different electives to customize your finance degree.
Most students take around two years to complete their master’s in finance degrees. The finance program is ranked the fifth-best MBA for finance by Princeton Review, receiving a special mention for its Global Field experience. This full-time experience is meant for all MBA students and will allow you to spend one week in a country of your choosing.
15
University of Arizona
Founded in 1885 as the first university in the Arizona Territory, the University of Arizona comprises 19 separate colleges and schools. Many of these are nationally ranked, including the college of medicine and the James E. Rogers College of Law.
You’ll find this top master’s in finance within the Eller College of Management. This finance program requires 36 credit hours of graduate study, including 10 core courses and a six-hour project. You can take classes on a full- or part-time basis.
You can choose from a variety of tracks, including those in investment management and corporate finance. Core classes include ones like:
- Advanced Corporate Finance
- International Finance
- Empirical Finance Methods
To apply for this master’s in finance, you will need to have a bachelor’s degree in a related field, such as accounting, economics, or finance. You should have a minimum GPA of 3.0, but no work experience is required. GMAT or GRE scores are required, as is a statement of purpose and two letters of reference.
16
West Virginia University
Location
Morgantown, West Virginia
Founded in 1867 as the Agricultural College of West Virginia, West Virginia University is today home to more than 350 different programs of study at the bachelor’s, master’s, doctoral, and professional levels. A public land-grant institution, West Virginia University has a main campus in Morgantown, WV with other campuses scattered throughout the state.
The Master of Science in finance will provide you with a phenomenal education at an affordable price. It’s offered by the Chambers College, a school that is accredited by the Association to Advance Collegiate Schools of Business International. Perfect both for domestic and international students, the master’s in finance degree is open for admission for students of all backgrounds [and not just finance].
You’ll take courses in a wide variety of subjects, including those ranging from equity investment to macroeconomics. You’ll learn from experienced industry practitioners and complete 31 credit hours of study. Your courses will prepare you to sit for the Chartered Financial Analyst designation—but it also goes one step further, with one of the highest pass rates on all three levels of testing.
To apply for WVU’s master’s in finance, you will need to have a GPA of at least 2.75 on a 4.0 scale. Undergraduate transcripts, standardized test scores, a statement of purpose, and letters of recommendation are all required.
As the second-largest institution in the state of Alabama, Auburn University was also the first, chartered in 1856 as the East Alabama Male College. Then a private liberal arts university affiliated with the Methodist Episcopal Church, it later evolved into an Agricultural and Mechanical College of Alabama. Then, it evolved into the Alabama Polytechnic Institute, and finally adopted its current name in 1960 to reflect its varied academic programs and coeducational nature.
A nationally ranked program, the Master of Science in finance at Auburn University is perfect for students who are interested in managing both corporate and government funds. You’ll enjoy a curriculum that is rich in areas like:
- Financial theory
- Investments
- Reporting
- Analysis
- Markets
The master’s in science courses are taught by faculty with decades worth of experience, many of whom represent the country’s top Ph.D. in finance programs.
You won’t just sit in a classroom and listen to lectures, either. You’ll participate in exclusive leadership workshops, a global business immersion trip, professional development training, and more. You’ll also enjoy access to a career services department that is exclusively focused on working with students in this finance program.
18
Arizona State University
One of the largest public universities by enrollment in the United States, Arizona State University is home to more than 150,000 students, many of which choose to study exclusively online.
Here, you’ll find more than 350 degree options scattered among 17 different colleges and schools. In addition to all of these options, you’ll also be able to choose from more than 1100 registered student organizations and dozens of athletic programs, too.
There’s no doubt about it—you’ll be busy when you decide to become a student at Arizona State University! The Master of Science in finance, offered by the W.P. Carey School of Business, is a fast-paced, STEM-designated program. You’ll complete all of your course requirements in just nine months, enjoying a cutting-edge curriculum that balances finance and asset and portfolio management.
The finance degree curriculum will prepare you for a wide variety of career opportunities, including those in:
- Real estate
- Consulting
- Corporate finance
- Money management
It’s one of the few advanced degrees in finance offered by a top-ranked business school and it’s also a member of the CFA University Recognition Program. Like some of the other finance programs on this list, this master of science will prepare you with the skills and credentials you need to sit for the CFA exams.
19
Princeton University
Location
Princeton, New Jersey
A private Ivy League research university located in Princeton, NJ, Princeton University is one of the oldest universities in the United States. It is one of nine colonial colleges chartered before America even existed.
With a broad array of programs to choose from in the humanities, engineering, natural sciences, and social sciences, Princeton University has the largest endowment per student in the United States.
What does this mean for you, as a student? For one, you’ll be entitled to the best possible education you could hope to receive—and one that will look fantastic on your resume. This best master’s in finance couples personally-tailored career services with advanced academic training that will prepare you for a career in leadership or management.
A two-year finance degree program, it will enable you to take classes that will build your skills in:
- Data analysis and technology
- Financial economics
- Financial engineering
The finance degree is highly interdisciplinary, with courses drawing from a variety of departments, like economics, computer science, mathematics, and more. You’ll benefit from unparalleled career services and access to some of the world’s top professors.
You can get one-on-one career counseling and support as well as access to internships and jobs as a result of this school’s close connection with a global alumni network and the Corporate Affiliates Program.
20
University of Southern California
Location
Los Angeles, California
Known as USC, SC, and even simply Southern Cal, the University of Southern California was founded in 1880 by Robert M. Widney. The oldest private research university in the state, it’s home to more than 20,500 students enrolled in a variety of undergraduate and graduate programs.
The Master of Science in finance is offered by the USC Marshall School of Business. The finance degree will prepare you with the skills you need to work in a variety of fields [like cinematic arts and engineering] and not just finance. The master of finance can be completed in as few as 16 months if you begin your classes in August. A full-time residential program, the business school does not require any work experience for admission.
This finance degree is STEM-designated and close-knit. You’ll learn from world-renowned faculty and benefit from a network of more than 85,000 Marshall alumni all over the world.
Finance courses vary depending on your preferences, as multiple electives are available. However, you might take core classes like:
- Corporate Financial Policy and Corporate Governance
- Money and Capital Markets
- Forecasting and Risk Analysis
- Microeconomics for Management
There is even room for you to complete a summer internship in finance or business economics for credit. No matter which options you choose, you’ll find that this finance degree does an excellent job at preparing you for your unique career goals.
21
University at Buffalo
Location
Buffalo, New York
Often referred to simply as UB, the University at Buffalo is a public research university with campuses both in snowy Buffalo, NY as well as in Amherst, NY. Originally founded as a private medical college, this school merged with the state system in 1846. Today, it offers more than 205 different master’s and 100 bachelor’s degrees to students from all over the country.
The Master of Science in finance is offered by the School of Management. This finance program is ranked the top business school in the SUNY [State University of New York] system and is within the top 10% of schools accredited by the AACSB by Businessweek, Forbes, and U.S. News & World Report.
It’s a CFA Institute-affiliated finance program, too, so it will prepare you with the skills you need to sit for the CFA examination.
A STEM-designated program, this master’s in finance has a 73% employment rate within six months of graduation. You’ll gain the skills you need to address real-world issues in finance, with graduates going on to work for companies like:
- Goldman Sachs
- Coca Cola
- Bosch
From the finance courses you take on campus to the experiences you’ll gain elsewhere [like the optional NYC Finance and Law Immersion Semester offered by UB!], you’ll acquire all the skills you need to be successful in any area of finance.
22
Columbia University in the City of New York
Location
New York City, New York
A private Ivy League research university in New York City, Columbia University in the City of New York is another university on this list that was founded prior to the Declaration of Independence. It is ranked as one of the top universities not just in the country, but in the entire world, for its high quality of education and research.
The Master of Science in financial economics at Columbia is a two-year STEM-designated master’s degree that’s offered by the Columbia Business School. This finance degree will provide you with the opportunity to gain extensive training in finance and economics so that you can go on to a career in academia or directly in industry.
You’ll take a total of 16 graduate-level courses including a research seminar in which you will be able to conduct a project regarding an industry-focused research question. You will also be able to complete a summer internship that lasts a minimum of six weeks. In this internship, you’ll work as an intern for an industry partner or conduct research for a faculty member.
23
University of Cincinnati
Founded in 1819, the University of Cincinnati opened its doors as Cincinnati College. Today, the school, which is the oldest in the city, is home to more than 44,000 students, with campuses both in the heart of Cincinnati, in Clifton Heights, as well as in neighborhoods such as Blue Ash and Clermont.
The top Master of Science in finance is perfect for students who want to go on to work at some of the country’s most well-respected companies, including:
- Citigroup Inc.
- U.S. Bank
- Fidelity Investments
Seventy-five percent of graduates accept a full-time position within three months of graduation, earning average starting salaries of more than $60,000.
You can choose from multiple focus areas, including those in:
- Corporate finance
- Investments
- Risk management
- Real estate
- Certified financial planner
Regardless of the pathway you select, all students are required to complete a final capstone experience. You’ll also complete a final research project that you can conduct with an industry partner.
24
Creighton University
Creighton University is a private Jesuit university that was founded by the Society of Jesus in 1878. The university is situated just outside of Omaha’s bustling downtown business district. Because of this, you’ll not only have access to some of the best internship and research opportunities, but also to some of the very best career connections and partnerships as well.
The Master of Finance at Creighton University will provide you with an in-depth, hands-on look at the field of finance. It will prepare you for work in a variety of fields, such as financial analysis, credit analysis, accounting, and more.
An extremely flexible finance program, it will allow you to earn your degree on-campus, online, or in a combination of the two settings. Admissions is rolling for this 33-credit hour degree and will take just two to three years to complete.
To apply, you must have a bachelor’s degree with a minimum GPA of 3.0. You should also provide:
- Transcripts from all educational institutions you have attended
- GMAT scores
- Two letters of recommendation
- A personal statement
- A resume
25
University of Alabama
Location
Tuscaloosa, Alabama
Sometimes called simply [and adorably!] just “Bama,” the University of Alabama is a public research university located in Tuscaloosa, AL. The oldest school in the University of Alabama system, this school offers majors in more than a dozen different divisions, with degrees offered at the bachelor’s, master’s, and doctoral level.
The Master of Science in finance at the University of Alabama will provide you with a specialized curriculum that focuses uniquely on the field of finance. The master’s in finance is recognized through the CFA Institute and includes core classes such as:
- Bank Administration
- Econometrics
- Quantitative Investment Analysis
- Money and Capital Markets
- Corporate Valuation
In this master’s in finance, you’ll complete a minimum of 24-30 semester hours of coursework credit. You can choose between a thesis research or culminating capstone project to wrap up your degree. To apply, you don’t have to have a degree in finance. You will need to submit transcripts from your undergraduate degree along with GMAT or GRE test scores, however.
26
University of Texas at Austin
The University of Texas at Austin is the flagship institution of the University of Texas System. Founded in 1883, this school is one of the largest in the country, known as a Public Ivy for its high quality of education and its designation as a major center for academic research.
This best Master of Science in finance is offered by the McCombs Business School and is taught by top-rated faculty. The finance degree is uniquely crafted to provide you with the quantitative and practical skills you need to excel in the vast world of finance. The curriculum starts off with a quick introduction to finance theory before you move on to more advanced quantitative skills.
It’s a STEM-certified program and features small class sizes so that you can better interact with fellow students and instructors. You’ll need only 10 months to complete this fast-paced program, which offers personalized career coaching to all students.
This master’s in finance is top-ranked by The Financial Engineer, Forbes, and The Princeton Review, having received accolades for its location, top-notch professors, and overall quality. Requiring no work experience for admission, the degree offers optional specializations in:
- Investment banking
- Consulting
- Corporate finance
- Asset management
- Energy finance
27
University of Pennsylvania
Location
Philadelphia, Pennsylvania
An Ivy League research university, the University of Pennsylvania is located in Philadelphia, PA. Founded in 1740, it is one of the oldest schools in the country, having opened its doors before America was even a country to begin with!
The MBA program at the University of Pennsylvania is offered by the Wharton School of Business and it offers a variety of unique majors and concentrations, including those in finance and the more specialized quantitative finance.
Regardless of the path you choose to complete your finance degree, you’ll find that this program does an excellent job of meeting your needs as a professional. It will prepare you for a highly successful career in areas like:
- Asset management
- Investment banking
- Management consulting
In addition to taking courses like Corporate Finance, Macroeconomics, and Real Estate Investments, you’ll also be able to participate in a wide variety of independent study projects, internships, and cooperative learning experiences.
28
Harvard University
Location
Cambridge, Massachusetts
A private Ivy League institution, Harvard University is yet another one of the oldest institutions of higher learning on this list. In fact, it is the oldest university in the entire country and one of the most prestigious schools in the entire world.
Founded in 1636 and named after its primary benefactor, Harvard is also home to one of the best master’s in finance. This degree will help you gain a solid foundation in the core principles of finance, from investment to implementation. The master’s of finance consists of 12 courses with a minimum of two that must be taken on campus. There are plenty of weekend and online courses available, too.
In addition to core course requirements, you may also choose to focus your degree studies with a graduate certificate. Some of the most popular options include:
- Principles of Finance
- Real Estate Investment
- Data Analytics
- Corporate Finance
- Business Economics
Despite Harvard’s reputation, this program is surprisingly affordable. You will pay just $2,900 per course and there are a number of financial aid opportunities available.
29
University of Wisconsin – Madison
Location
Madison, Wisconsin
The University of Wisconsin-Madison isn’t the only university in the state university system of Wisconsin, but it’s one of the most prestigious. The oldest and largest public university in this state, it is not only known for its scenic location on the shores of Lake Mendota but also for harboring a grand total of four National Historic Landmarks.
In addition, UW Madisonl is well-respected for its broad array of undergraduate and graduate degrees. UW Madison’s School of Business offers a Master of Science in finance, investment, and banking that will prepare you to work in all aspects of security analysis and portfolio management. It takes just two years to complete this degree and launch your career.
You’ll benefit from the finance program faculty’s close connections with industry professionals. As a student, you’ll have the opportunity to manage more than $20 million in equities and fixed income assets. Because of this unique hands-on experience, graduates of this program are highly sought after for internships, cooperative experiences, and full-time positions by some of the country’s leading investment firms.
30
Louisiana State University
Location
Baton Rouge, Louisiana
A public land-grant research university located in Baton Rouge, LA, Louisiana State University was founded in 1853 as the Louisiana State Seminary of Learning and Military Academy. The flagship school of the state of Louisiana, it is now known for its dedication to high-quality education and research, with more than 800 sponsored research projects funded by national agencies like the National Science Foundation.
The Master of Science in finance here is unique because it will allow you to explore those many research opportunities while still graduating after just three semesters of study. You’ll take 18 hours of finance courses followed by 18 additional courses that you can select to support your unique career goals.
There are a number of concentrations you can pursue to help prepare yourself for a rewarding career, including:
- Statistics
- Internal audit
- Investments
- Economics
- Information systems
- Corporate finance
- Accounting
- Actuarial science
You’ll benefit from a variety of educational resources, including access to the Securities Markets Analysis Research and Trading [SMART Lab]. You can also participate in the Student Managed Investment Fund, which will give you some hands-on experience in managing a real-life portfolio.
31
Brandeis University
Location
Waltham, Massachusetts
Brandeis University is a private research institution located in Waltham, MA, just outside of Boston. A coeducational university sponsored by the Jewish community at its inception in 1948, this school is home to nearly 6,000 students on its sprawling 235 acre campus. There are more than 43 majors to choose from and small class sizes featuring less than 20 students, on average.
The Master of Science in finance at Brandeis is regularly ranked within the top 10 programs in the world. It offers a unique, customized blend of financial theory of practice along with the ability to select from an array of marketable concentrations. Options include but are not limited to:
- Risk management
- FinTech
- Asset management
- Corporate finance and valuation
You’ll learn from renowned faculty who are highly regarded in their research and contributions to the finance industry. Brandeis has a close-knit, multicultural community that will support you on your journey toward becoming a finance professional.
The master’s in finance takes just 16 months to complete, with part-time and dual degree options available. The degree is STEM-designated and will allow you to develop your skills in the campus Bloomberg Lab, through company internships and consulting projects, and through research experiences with faculty.
One more unique feature of this program that you’re sure to love? One hundred percent of admitted students are considered for both partial and full-tuition scholarships.
32
University of Michigan – Ann Arbor
Location
Ann Arbor, Michigan
The University of Michigan-Ann Arbor was founded in 1817 with a campus that was originally located in Detroit. Because it was founded before the territory even became a state, it is Michigan’s largest school and noted as a Public Ivy, ranked as one of the best public universities in the United States.
The Master of Science in quantitative finance and risk management at the University of Michigan is offered as a joint interdisciplinary degree between the Department of Statistics and the Department of Mathematics. It consists of 36 credit hours of study and offers multiple pathways for you to complete your degree [including an accelerated master’s for current University of Michigan undergraduates].
This master’s in finance program, which has an intensive focus on mathematical and statistical methods, admits only 30 new students each year. The small cohort size means you’ll benefit from phenomenal resources like career placement, advising, and faculty research opportunities. As a result, 86% of all job seekers are placed in summer internships.
33
University of California – Berkeley
Location
Berkeley, California
The University of California-Berkeley was established in 1868 in Berkeley, CA and was the first member of the University of California state university system. With more than a dozen colleges and schools and more than 350 degree programs to choose from, this school is repeatedly ranked among the world’s best universities by major educational publications.
The Master of Financial Engineering is one of the few of its kind in the world, allowing you to launch your career in data science, technology, or finance by gaining the skills, insights, and hands-on experience you need to be successful. The finance program is ranked best in the country by TFE Times and has a 93% job placement rate.
A STEM-designated program, you’ll benefit from classroom instruction with plenty of opportunities for hands-on learning. You’ll begin with a 12-week internship and continue with an applied finance project that will give you the expertise you need to get your resume to the top of the pile.
34
Stanford University
Location
Stanford, California
Stanford University, technically Leland Stanford Junior University, is the brainchild of Leland and Jane Stanford, dedicated in memory of their only child who died young of typhoid fever. The school admitted its first students in 1891 and was first known as a top school for business. Today, the school is ranked as one of the top universities in the world by major publications and offers programs that are organized within seven schools.
The MBA from Stanford’s School of Business features numerous concentrations to help you meet your career goals, including those in:
- Accounting
- Information technology
- Global management
- Public management
- Marketing
- Finance
The finance concentration will allow you to build deep knowledge in specific finance topics.
In addition to the expected courses in finance and business, you’ll also participate in a global management immersion experience. You’ll spend your time [at least four weeks during the summer] working on a project for a sponsoring organization in the finance industry.
To apply for this master’s in finance, you will need to submit undergraduate transcripts, standardized test scores, and evidence of professional experience. You’ll need several letters of recommendation and a personal essay.
35
Cornell University
A private Ivy League institution, Cornell University was founded in 1865 with a broad mission of teaching students in all areas of knowledge, from literature to science and everything in between. Today, the university is organized equally into seven undergraduate and seven graduate colleges in snowy, blustery, Ithaca, NY.
Don’t let the weather get you down, though. This school is one of the best places in the country to study finance at the graduate level.
The financial engineering concentration is offered as an offshoot of the Master in Engineering, one of the few programs of its kind in the entire world. It is an application-focused and career-oriented degree with a flexible curriculum. You’ll take a broad range of courses in finance as well as those in
- Data science
- Computing
- Analytics
- Optimization
You’ll spend three semesters studying on the main campus in Cornell. You’ll also complete a summer internship. You will then complete your studies at Cornell Financial Engineering Manhattan in the heart of New York City. This experience will not only help you build your professional network but it will also allow you the flexibility to pursue a career in:
- Trading
- Financial risk management
- Quantitative portfolio management
- FinTech
Frequently Asked Questions
Is a Master’s in Finance worth it?
If you’re aiming for finance-related roles, a master’s degree can enhance specialized knowledge and career prospects. The Bureau of Labor Statistics projects an 8% growth in jobs for financial analysts through 2032. This is about 27,400 job openings each year, on average, for the next 10 years.
What jobs can you get with a Master’s in Finance?
A Master’s in Finance can open doors to various high-level positions in the financial sector. Potential jobs include:
• Chief Financial Officer [CFO] • Corporate treasurer • Financial analyst • Financial consultant • Hedge fund manager • Investment banker • Private equity analyst • Portfolio manager • Risk manager
What degree do you need for a Master’s in Finance?
To get a master’s in finance degree, you need to have a bachelor’s degree from an accredited college or university. Commonly accepted degrees include finance, business, economics, or related fields.
What GPA do you need for Master’s in Finance?
Many top programs look for a minimum GPA of 3.0 on a 4.0 scale. Some competitive programs have higher GPA requirements and admit students with near-perfect GPAs. But since the GPA requirement can vary by program, it’s important to check specific requirements before applying.
Is a Master’s in Finance hard?
It depends. But finance is no walk in the park. You need to study, focus, and prepare. Finance master’s degree programs involve complex concepts and quantitative analysis, making courses challenging for some students. But if you’re diligent, good at time management, and have a strong interest in the field, you’ll be successful.
Is a Master’s in Finance better than an MBA?
The choice between a Master’s in Finance [MFin] and an MBA [Master of Business Administration] depends on your career goals. An MFin is more specialized, focusing on finance, while an MBA offers a broader business education. The “better” option depends on whether you seek specialized knowledge in finance or a broader business perspective.
Is a Master’s in Finance a lot of math?
Yes! There is a significant amount of math in the study of finance. Courses include topics such as financial modeling, quantitative analysis, statistics, and risk management, which require mathematical skills. Your research can involve solving complex financial problems and analyzing financial data, both of which involve a certain level of math and statistical analysis.
Is finance a stressful degree?
Finance programs involve complex concepts, quantitative analysis, and a fast-paced learning environment. The pressure can increase during exam time or when working on capstone projects or a thesis. Effective time management and a strong work ethic can help mitigate stress.
Does a Master’s in Finance require a thesis?
The requirement for a thesis in a Master’s in Finance program varies. Some programs require students to complete a thesis as part of their degree, while others offer non-thesis options with different culminating experiences such as comprehensive exams, capstone projects, or internships. So, if you’re trying to avoid writing a thesis, there are programs out there for you.
What are the best Masters in Finance in the world?
| \=1 | HEC Paris;Master in International Finance France | 100 |
| \=1 | Oxford [Said];MSc Financial Economics United Kingdom | 100 |
| 3 | London Business School;MSc in Financial Analysis United Kingdom | 99.6 |
| 4 | MIT [Sloan];Master of Finance United States | 99.1 |
QS World University Rankings for Masters In Finance 2024 - QSChinawww.qschina.cn › university-rankings › business-masters-rankings › financenull
Which master degree is best for finance?
Business Finance..
Corporate Finance..
Finance and Economics..
Financial Management..
International Finance..
Islamic Finance..
Public Finance..
Risk Management..
Which country is best for Masters in Finance?
Here are the best places to study abroad for finance majors who want to make it in the competitive international business world..
USA. Manhattan will put you in the heart of the financial world. ... .
United Kingdom. ... .
Switzerland. ... .
Germany. ... .
France. ... .
China. ... .
United Arab Emirates..
What is the best finance institute in the world?
Key findings for Economics and FinanceHarvard University is listed as the best university in the world in our ranking with a total D-index of its ranking scholars at 5142. Ranking on the second place in the world is University of California, Berkeley with a total D-index of 3069.