Finance is the cornerstone of the global business landscape, encompassing both an art and a science in managing funds, assets, and investments. Finance students delve into the complexities of various sectors, including banking, stock markets, and personal wealth management. The expertise cultivated in this field aims to allocate resources and enhance returns profitably while mitigating risks efficiently. From analysing market trends to crafting investment strategies, professionals in finance play a vital role in shaping economic outcomes and driving sustainable growth. This comprehensive guide will take you through the intricate landscape of Master’s in Finance programmes.

What is a Master’s in Finance

A Master’s in Finance, often abbreviated as MS in Finance, MSF or MFin, is a postgraduate academic degree focused on advanced studies in finance. It delves deep into various aspects of financial management, analysis, and decision-making, preparing students for roles in investment banking, corporate finance, financial analysis, asset management, risk management, and more.

A finance specialisation sets you apart from the crowd and prepares you for various industry-related roles. Unlike an MBA, an MS in finance provides targeted knowledge specifically related to the financial aspects of business. The coursework covers mathematics, financial theory, quantitative finance, markets, financial reporting, investments, and evaluation. The job market for finance professionals is also less saturated than that for MBA graduates. While an MBA covers many business topics, a finance master’s degree is more specialised and requires extensive technical and analytical aptitudes.

The Bureau of Labour Statistics also predicts steady growth in finance-related job roles. The demand for financial and investment analysts, financial risk specialists, and other financial professionals should increase more than average in the next decade. All middle—and senior-level finance roles require advanced degrees, and having one can lead to higher earning potential and distinction in a competitive environment. 

Generalised Master’s in Finance Vs Specialised Master’s in Finance: What’s the difference?

As counsellors and consultants, we often get asked whether a specialised or generalised master’s degree in finance is more acceptable. The answer to this question depends on your interests, skills, and short-term and long-term career goals. Before you choose which programme to go for, it is essential to ask yourself the following questions:

  • How sure am I about my desired finance specialisation? 
  • Am I open to exploring specific or different aspects of finance? 
  • Do my short-term or long-term goals favour a specialised or generalised skillset? 
  • Do I thrive with focused expertise or enjoy a broader curriculum? 

Let us now delve into a Generalised and Specialised Master’s in Finance 

Generalised MS in Finance  

Specialised MS in Finance 

Generalised MS in Finance programmes cover various topics, including corporate finance, financial markets, and quantitative methods. They provide a solid foundation if you are unsure about your career path or want flexibility.

Specialised MS in Finance programmes concentrate on investment management, financial analysis, and risk management. A specialised degree provides in-depth knowledge if you have a clear career path (e.g., an investment analyst or risk manager). 

The broader education prepares you for various finance-related roles, from corporate finance to investment banking.

A specialised degree offers opportunities to delve deeply into relevant topics and gain expertise directly applicable to a desired job.

You also develop transferable skills applicable across different sectors, such as data analysis, financial modelling and strategic decision-making.

These specialised masters are also known for their smaller cohorts, which allow for more robust connections with professors, classmates and alumni who share similar interests.

Generalised degrees also allow you to pivot if your interest changes or you want to explore different areas within finance.

These master’s degrees follow a linear curriculum, intending to make you a one-stop-shop in specialisation. 

Ultimately, both paths have merits. Assess your goals and research programme offerings and choose the one that best aligns with your aspirations.

Is a Master’s in Finance worth it? 

Remember, your decision to pursue an MS in Finance should align with your career goals, interests, and aspirations. Weigh the programme’s benefits against investing time and resources to make an informed choice. Here are some of the advantages of pursuing a Master’s in Finance: 

1) High demand and industry requirement

Anyone responsible for creating, managing, and analysing finance is in demand and can expect a lucrative career. The Bureau of Labour Statistics evidences this report by projecting an 8 percent growth between 2022 and 2032, faster than average for all other occupations. 

2) Moving up the corporate ladder

A master’s degree in finance equips you with specialised knowledge and skills that can open doors to various roles within the financial industry. Whether you aspire to be a financial analyst, investment banker, portfolio manager, corporate finance specialist, fintech professional, financial planner, or compliance officer, your master’s degree can pave the way for you. Moreover, it’s not just limited to the financial industry. You can also explore opportunities in consulting, start-ups, non-profits, and corporate firms.

3) Capstone/Business consultancy projects: 

These projects are a significant part of the MS in Finance experience, allowing you to apply your competencies in real-world scenarios. This practical experience is highly valued by employers, as evidenced by the increase in offers from capstone or consulting project organisations reported by several universities. For instance, MIT’s 2022 employment report for the Master of Finance programme revealed that 62.8% of graduate offers were sourced from summer internships, highlighting the practical relevance of the degree.

4) Career transition avenues

Professionals from non-finance backgrounds in engineering, business analytics, and management have transitioned seamlessly into finance-related roles. The balance of fundamentals and means to apply knowledge, opportunities to learn from an experienced faculty and cohort, and networking have facilitated this transition.

5) Global context

An MS in Finance degree helps to comprehend, evaluate, and optimise financial assets and resources internationally and globally. This expertise is essential for a finance professional in an increasingly interconnected financial market.

What countries offer Master’s in Finance Programmes

1) MS in Finance in the US

According to Investopedia, Los Angeles, Boston, Chicago, New York, and Philadelphia are the most significant cities in the US for finance and offer excellent opportunities for job seekers. MS in Finance degrees from US universities are specialised programmes that seamlessly blend in-depth instruction with immediate hands-on experience and are becoming increasingly popular among students with limited or some level of work experience. 

A typical MS in Finance programme begins with a week-long math or subject-based orientation featuring critical team building, alumni networking, and an overview of the programme. This is followed by solid core courses to build a strong foundation in finance principles with topics like accounting, quantitative methods, microeconomics, forecasting & risks analysis, financial analysis and valuation. Electives that fit personal goals, like financial engineering, real estate finance, hedge funds, mergers and acquisitions, and fixed-income securities, align learning with goals. The MS in Finance programme lasts 18 months, depending on the university. 

Some universities also offer the option of pursuing a dual degree, as with Brandeis. The MSF/MBA dual degree programme requires 79 credits over four to five semesters. It provides students with advanced finance, analysis, general management, and strategy knowledge to pursue leadership positions in technology startups, consulting, and finance. Another distinguishing feature of this programme is the industry preparedness offered through research and internship opportunities, global connections, and career development.  

Leading US universities offering a Master’s in Finance include MIT, Columbia, NYU, UT Dallas, and Washington University at St. Louis (WUSTL), which provide exceptional master’s degrees in Finance.

2) MS in Finance in the UK 

Apart from a rich history of academic excellence, UK institutions offering an MS in Finance are known for their innovative and inventive coursework that focuses on upskilling applicants to match up to tomorrow’s required abilities, skills, and demands. Students are assessed by a mix of exams, group presentations, coursework, and a dissertation as part of consultancy work or applied research. Another possibility is a Business Practice route similar to the US equivalent of a capstone or consultancy project. Contrary to popular perception, these universities are also highly sought after by top recruiters such as Goldman Sachs, JP Morgan, Google, Morgan Stanley, HSBC, UBS, Barclays, and Citi for high-paying positions similar to their US counterparts. Leading UK universities offering a Master’s in Finance include the University of Oxford, London Business School, and Imperial College London.

3) MS in Finance in Europe 

A finance master in Europe offers several distinct advantages. Apart from industry connections and innovative curricula, studying finance in Europe provides an excellent opportunity for cross-cultural exposure, allowing you to interact with individuals from different backgrounds and gain insights into multinational financial markets and practices. Compared to other regions, European finance master programmes also offer scholarships and grants to international students. Completing a master’s in Europe opens up exciting job opportunities in major financial hubs like Frankfurt, Zurich, and Paris. 

Leading European universities offering a Master’s in Finance include the IE Business School, Stockholm School of Economics, EDHEC, and the University of Bocconi.

4) MS in Finance in Canada

Canada houses prestigious institutions renowned for their MS in Finance programmes.  They emphasise a broad skill set in behavioural finance, financial technology, and sustainable finance to empower a dynamic economic landscape and address its predicaments. Canadian universities maintain strong industry ties with global financial institutions, facilitating internships and forging connections. 

Leading Canadian universities offering a Master’s in Finance include the University of Toronto,  The University of British Columbia, York University, and McMaster University.

5) MS in Finance in Australia

Australian universities offering an MS in Finance are known for their unique specialisations, such as professional financial services, accounting, financial mathematics, and public accounting. Much like the rest of the world, Australian academic programmes for finance focus on practical learning and industry connections. Australian institutions are known for their industry-relevant coursework and internationally recognised orientation terms. With a leadership focus, these programmes enhance communication and soft skills. Most top universities accept applications for two intakes – in February for Spring and July for Fall.

Leading Australian universities offering a Master’s in Finance include the University of Sydney, Australian National University, and the University of Melbourne. 

6) MS in Finance in Asia-Pacific 

Asia is also home to several prestigious universities and business schools renowned for their finance programmes. These institutions have excellent faculty, industry connections, and a vibrant academic environment. Moreover, the continent boasts dynamic financial markets like Hong Kong, Singapore, and Shanghai, equipping you with practical insights and hands-on experience. Asian universities actively engage in financial research and innovation. For instance, Singapore Management University and Nanyang Technological University contribute significantly to finance research. Compared to their Western counterparts, Asia’s tuition fees and living expenses are more affordable. Moreover, multinational companies have regional headquarters in Asia, providing ample opportunities after an MS in finance.

Leading Asian universities offering a Master’s in Finance include the National University of Singapore and Nanyang Technological University. 

7) MS in Finance in India

Most of the finance programmes in India are either postgraduate diplomas or MBAs in finance. However, they are known for their academic excellence, affordability, cultural exposure, and promising career prospects, which cater to the evolving demands of the business world. These institutions have modelled their curriculum after the best schools for finance globally, focusing on industry-relevant coursework, experiential learning, an interdisciplinary approach, and cutting-edge programmes. While none of the local universities are on the list of the top MFin programmes globally, they should catch up in the coming years. 

Leading Indian universities offering a Master’s in Finance include NMIMS, the University of Mumbai, and OP Jindal University. 

What top universities worldwide offer a Master’s in Finance?

1) Massachusetts Institute of Technology (MIT) – US

The university’s 12-month accelerated programme and 18-month programme are highly regarded by career professionals. The degree requirements are the same for both formats; the only difference is timing. The programme adapts to all aspirants through a rigorous format that combines in-depth study of quantitative techniques with practical, hands-on problem-solving. The practical aspect of the programme, known as Action Learning, can be completed either by a Seminar or involvement in the Finance Lab. During the 18-month programme, you can intern in the second summer term, take additional courses, or use the extra time to write a thesis. The shorter timeframe allows you to earn a full MS in Finance degree in one year, including an Action Learning experience where you will work with corporate partners on real-world challenges, accelerating your path to a rewarding career. Another feature of this programme is the cohesive and diverse cohort of early career professionals from engineering, mathematics, physics, computer science, technology, and finance. 

Some of the other unique features of the Master’s in Finance programme at MIT include:

2)  University of Southern California (USC) Marshall – US

USC Marshall offers a globally recognised MS in Finance programme, which prides itself on being equitable and holistic, with a competitive, diversified, and talented cohort. It is a 16-month, full-time programme that prepares early and mid-career professionals for careers in commercial and investment banking, asset management, quantitative research and trading, risk management, venture capital and private equity, consulting, sales and trading, impact investing and fintech. In addition, it uniquely positions students to pivot into other industries like technology, media and entertainment, and life sciences.

Some of the other unique features of the Master’s in Finance programme at USC Marshall include:

3) Imperial Business School – UK

Imperial Business School offers a one-year MS in Finance programme that provides an intense, immersive, and individualised experience. It combines real-world application, cutting-edge research, and international opportunities. Another distinct feature is the career success rate. According to recent career reports, nearly 90% of the cohort had secured employment in the first three months of their graduation with opportunities from renowned names such as Barclays, Credit Suisse, Morgan Stanley, PwC, Bain & Company, and Bank of America.

Some of the other unique features of the Master’s in Finance programme at Imperial Business School include:

4) ESCP Business School – Europe

The MS in Finance programme at ESCP awards graduates with the “Grade de Master,” along with the Diploma of Advanced Studies in International Business Management (DEAMIE). Apart from helping you achieve your desired professional objectives, this programme also enables you to gain a highly valued skillset sought out by recommenders. Highly sought-after by young graduates and executives, the programme is available in English and French. 

Some of the other unique features of the Master’s in Finance programme at ESCP Business School include:

5) University of Toronto (UToronto) – Canada

This innovative 20-month MS in Finance programme features top-ranked faculty, a cutting-edge curriculum and dynamic connections to Bay Street. From classic corporate finance to contemporary financial technology disruption, you gain invaluable competencies and skills essential for an immediate impact on your short-term and long-term career goals. Some of the other unique features of the Master’s in Finance programme at UToronto include:

5) Frankfurt School of Finance & Management (FSFM) – Germany

FSFM’s MS in Finance programme is for recent graduates and young professionals aspiring to be finance experts. The first-semester tracks, such as Finance Immersion and Business Tracks, ensure that the programme meets every applicant’s needs. The students will have access to high-profile industry practitioners. 

Some of the other unique features of the Master’s in Finance programme at FSFM include:

What is the curriculum for a Master’s in Finance? 

An MS in Finance curriculum varies by university and country but typically covers a broad range of topics to provide students with a comprehensive understanding of financial principles, practices, and tools. Here’s what you can generally expect:

1) The core curriculum for an MS in Finance

The core curriculum forms the backbone of an MS in Finance programme. It provides a solid understanding of critical financial concepts, theories, and techniques. It equips you with the analytical skills and knowledge necessary for careers in finance, investment banking, corporate finance, asset management, and related fields. The core curriculum typically includes classes in: 

  • Financial Mathematics
  • Financial Accounting
  • Financial Management
  • Mathematical Methods for Finance
  • Financial Analytics
  • Financial Modelling
  • Corporate Finance
  • Portfolio Management

2) Electives for an MS in Finance

Elective courses within an MS in Finance programme allow students to delve deeper into specific areas of interest in finance. They play a crucial role in enriching your educational experiences, enabling you to explore their passions, deepen your knowledge, and acquire the specialised skills needed to excel in your chosen field of finance. By taking advantage of elective offerings, you can broaden your horizons, expand your professional networks, and position yourself for success in the dynamic and competitive world of finance.  Some of the popular electives include: 

  • Financial Derivatives
  • Behavioural Finance
  • Financial Technology (FinTech)
  • International Finance
  • Finance Econometrics

3) Specialisations for an MS in Finance

Specialisations for an MS in Finance program allow you to focus on specific areas within the broader field of finance. These specialisations provide in-depth knowledge, skills, and expertise in niche areas, preparing you for the finance industry’s specialised roles and career paths. Some of the popular finance specialisations include: 

  • Corporate Finance 
  • Financial Engineering 
  • Asset Management 
  • Investment Management
  • Risk Management
  • Real Estate Finance
  • Healthcare Finance
  • Financial Engineering

4) Capstone projects for an MS in Finance

A capstone project or thesis in a Master’s in Finance programme allows students to apply their knowledge and skills to address real-world financial problems or conduct original research. These projects integrate concepts learned throughout the programme and demonstrate mastery of the subject matter. For example, the Applied Finance Project is a capstone experience at UCLA Anderson designed to allow MFE students to use financial engineering to solve problems for a company. Through real-world application, you gain practical experience and develop solutions to complex financial challenges. 

5) Dissertations for an MS in Finance

In MS Finance programmes, dissertations are the pinnacle of academic achievement. They involve original research guided by faculty advisors and delve into specific finance topics, aiming to offer new insights or solutions to industry challenges. 

For example, in Essays in Financial Economics by Martins, Fernandes Miguel Pinto at MIT, students develop research proposals, conduct literature reviews, and employ various methodologies to collect and analyse data. Results are presented, interpreted, and discussed, emphasising their implications. Students defend their findings upon completion, showcasing their research skills and subject expertise. This rigorous process prepares them for careers in research, academia, or advanced finance roles.

What are the top jobs for those with a Master’s in Finance? 

Whether advising clients, crunching numbers, or strategising financial decisions, a finance master opens doors to dynamic and rewarding career opportunities. Remember, your choice of specialisation and your innate passion will guide your career. While it is challenging to name designations according to specific domains, here are some featured finance master job roles.

  • Asset Allocation Analyst
  • Business Analyst
  • Corporate Treasurer
  • Crypto Venture Capital Analyst
  • Equity Derivative Structuring Associate
  • Financial Analyst or Consultant
  • Financial Controller
  • FX Options Trading Analyst
  • Global Markets Analyst
  • Hybrid Trader
  • Investment Associate
  • Investment Banking Analyst
  • Investment Banking and Hedge Fund Management
  • Macro Analyst
  • Model Risk Analyst
  • Portfolio Manager
  • Private Equity (PE) Investment Analyst
  • Quantitative Finance Associate
  • Quantitative Researcher
  • Research Analyst
  • Strategy Analyst

What is the average salary for those with a Master’s in Finance?

According to various sources, the median annual pay range for finance professionals is typically between USD 82,000 and USD 130,000. Pursuing a master’s degree in finance can provide a solid foundation and help you become a key player in any business. Finance professionals are in high demand in various industries, such as hospitality, technology, healthcare, and logistics, making it possible for you to explore different career opportunities.

How do you choose a Master’s in Finance programme?

There are several MS in Finance programmes, but not all hold the same value. While an advanced financial degree from a top university’s exclusive business school can be precious, paying more for a notable name doesn’t always make sense. When selecting a programme, consider factors like duration, especially if you are balancing work responsibilities and budget constraints. You should weigh part-time, online, or full-time options against current commitments and financial resources.

Stay-back options after graduation are worth considering for those seeking exposure to professional environments and international markets. The US F1 visa permits international students with non-STEM degrees to stay for one year. At the same time, the UK has recently extended its post-study work visa to two years for undergraduate, postgraduate, and PhD students.

Affordability is paramount when choosing a destination and programme. Assess whether the cost of your studies aligns with your financial means and explore sponsorship or scholarship options. Look for programmes with impressive faculty and robust research departments, as these are quality indicators. Capstone projects are common in most programmes and should offer practical experiences and industry exposure. Faculty mentorship can be invaluable for those innovating analysis methodologies based on demand and available resources.

Check the programme prerequisites to ensure eligibility, especially regarding quantitative proficiency. Many MSF colleges require a strong foundation in economics, statistics, or calculus at the undergraduate level. This ensures that students are adequately prepared for the programme’s quantitative core and can thrive academically.

What are the prerequisites for a Master’s in Finance?

In the US, UK, Europe, and Canada, the primary intake for MS in Finance programmes is typically in the Fall. However, Australia also offers a Spring intake in February, and some UK and European universities follow suit. Postgraduate applications are commonly submitted online, typically through the individual university’s application portal. Here are some of the prerequisites for an MS in Finance programme. 

1) Transcripts for MS in Finance

To apply for a Master’s in Finance, you must provide transcripts for all your undergraduate courses. You may also require transcripts for any graduate-level courses you may have taken. Generally, the minimum GPA requirement for admission is around 3.0 or higher on a scale of 4, although this can vary depending on your chosen programme. For example, a top university like MIT Sloan has a median GPA of 3.83 on a scale of 4. At the same time, the University of Washington records an average undergraduate GPA of 3.5 on a scale of 4 for its specialised finance programs.  Most programmes expect you to have at least 16 years of education, including your four-year undergraduate degree. While no specific undergraduate major is required for admission to a Master’s in Finance programme, having a background in the subject or related fields like mathematics and engineering is generally preferred.

2) GMAT/GRE for MS in Finance

Most Master’s in Finance programmes require GMAT or GRE scores. However, some universities may waive this requirement if you meet specific criteria, such as a high GPA or relevant work experience. It’s important to note that the choice between taking the GMAT or GRE will depend on the university you wish to attend. Therefore, check with the university to ensure you take the correct exam. The average GRE score is typically around 320-328. To achieve this score, you should aim for at least 166+ in the Quantitative Aptitude section and at least 158+ in Verbal Reasoning. 

Read our blog on what admissions officers seek beyond the GMAT/GRE scores. 

3) IELTS/TOEFL for MS in Finance

International students who wish to study in English-speaking countries may be asked to provide proof of their English language proficiency by submitting scores from the IELTS or TOEFL exams. The specific minimum score requirements can vary among universities, but a score of 7.5 or higher on the IELTS and 93 or higher on the TOEFL is usually required. It’s important to note that while both exams are commonly accepted, the TOEFL is generally more widely accepted than the IELTS.

Read our blog on why English language proficiency tests are important. 

4) Resume for MS in Finance

Many Master’s in Finance programmes request a resume emphasising your educational background, work experience, skills, and achievements. While you can find resume templates online, customising yours is essential. Showing technical skills and languages is more important than just listing them. Your Github account that displays your past and WIP projects effectively showcases your technical know-how.

Watch our webinar on how to write an effective resume for a master’s programme. 

5) Letters of recommendation (LORs) for MS in Finance

These letters should come from people who can vouch for your academic or professional skills. But don’t assume that a simple request for a recommendation letter (LOR) suffices. Similar to other application elements, LORs demand careful preparation. Provide your recommenders with relevant details about your background and accomplishments in computer science. Include your resume, transcripts, or an overview of your academic and professional feats within the discipline. Each university may have different guidelines for who should write these letters, so reviewing their specific requirements is essential.

Watch our webinar for LOR strategies. 

6) Essays and video essays for MS in Finance

Most finance master’s programmes require you to submit one or more essays as part of your application. These essays may be a Statement of Purpose (SOP) or a Personal History Statement (PHS). The SOP typically asks you to reveal your reasons for pursuing an MS in Finance, your academic and professional objectives, and any obstacles you’ve overcome. Read our blog for tips on writing an impactful SOP. 

Meanwhile, the PHS provides an opportunity for you to describe how your experiences have shaped your interests and equipped you to tackle challenges. Additionally, certain universities may require a recorded video essay in which you outline your motivations. 

7) Interviews for MS in Finance: 

Some programmes may invite you for interviews as part of the admissions process.  The timing, format, and type of interview may vary depending on the university. They may be conducted in person, via video conference, or over the phone. You should check with the university for specific requirements. Some universities may also require significant related work experience before you can apply for their computer science programmes.

Here are 10 tips to ace your interview.

Duration, fees and post-study for international students pursuing a Master’s in Finance

Country

Duration 

Approx fees (annual)

Post-Study work

MS in Finance – US 

1-2 years

USD 68,058USD 91,250

While most international students can work for 12 months after graduating, STEM graduates are eligible for a three-year stay under the Optional Practical Training (OPT) option. 

MS in Finance – UK 

1-2 years

GBP 41,750GBP 62,500

The UK’s Graduate Route Visa enables all international students to work for two years after graduation.

MS in Finance  – Canada 

1-2 years

CAD 22,950CAD 92,745

Post Graduation Work Permit (PGWP) allows international students to work in Canada for up to 3 years after graduation.

MS in Finance  – Australia

1-2 years

AUD 38,000AUD 48,035

The Post-Study Work Visa allows international students to work in New Zealand for up to 3 years after graduation.

MS in Finance  – Asia Pacific

1-2 years

SD 40,417SD 71,490

The Post-Study Work Stream of the Temporary Graduate Visa allows international students to work for 2-4 years after graduation, depending on the level of qualification.

 

FAQs about Master’s in Finance

1) Is it possible to study for an MS in Finance without studying it at the undergraduate level? 

Yes, pursuing an MS in Finance without studying it at the undergraduate level is possible. Many universities offering MS in Finance programmes accept students from diverse academic backgrounds, including business, economics, mathematics, and engineering. However, some programmes may require applicants to demonstrate proficiency in certain foundational financial concepts through prerequisite coursework or standardised tests like the GMAT or GRE. Additionally, applicants may need to showcase relevant skills and experiences through their resume, personal statement, and letters of recommendation. 

2) Is it worth pursuing an MS in Finance online? 

Deciding whether to pursue an MS in Finance online depends on factors such as flexibility, cost, accreditation, networking opportunities, career advancement, and the quality of instruction. Online programmes offer flexibility and cost-effectiveness, but ensuring accreditation and considering the programme’s reputation is crucial. While online programmes may provide networking opportunities, they may not match those on campus. Ultimately, the decision should align with your career goals and personal circumstances, weighing the benefits of flexibility against potential limitations in networking and employer perceptions of online degrees.

3) How difficult is  an MS in Finance 

The difficulty of an MS in Finance programme can vary depending on factors such as your background, the rigour of the curriculum, and the programme’s expectations. Generally, an MS in Finance involves studying complex financial theories, quantitative analysis, and practical applications. Students are often required to demonstrate proficiency in quantitative skills and critical thinking. While challenging, the difficulty can be manageable with dedication, effective time management, and support from faculty and peers.

4) MBA or MS in Finance, which is better for international students? 

For international students, choosing between an MBA and an MS in Finance depends on career goals and preferences. An MBA offers broader business education and soft skills beneficial for management roles, while an MS in Finance provides specialised knowledge tailored to finance careers. Consider your career aspirations and desired skills when making the decision.

5) Is GMAT accepted for MS in Finance?

The GMAT is widely accepted for admission to MS in Finance programmes. Many universities and business schools require GMAT scores as part of their admissions criteria to assess applicants’ quantitative, verbal, analytical, and writing abilities. However, it’s essential to verify the specific admission requirements of each MS in Finance programme, as some institutions may also accept alternative standardised tests such as the GRE.

Why consider The Red Pen Postgraduate Admissions Team?

  • The Red Pen Postgraduate Admissions Team is dedicated to helping you identify and apply to international master’s and PhD programmes that align with your academic and career goals. 
  • We are members of the IECA (Independent Educational Consultants Association), which gives us access to the latest updates on university trends.  
  • We work with applicants with diverse interests in finance, technology, general management, advertising, marketing, entrepreneurship, computer science, data science, analytics, sustainability and social impact, among others.