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MS in Finance in USA - Top Universities, Admission Process & Fees

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MOEC

23 December 2022

1201

Overview

 

MS in Finance or Master’s in Finance is a professional degree for students who want to pursue a career in finance. Various career opportunities come after getting an MS in Finance from USA.

USA is the top study destination for various students across the world. It provides quality and career-oriented study in business and finance. It is home to top-notch finance schools.

The institutes of USA assist students in earning internships, employment opportunities, and professional networks. They train students in risk management, behavioral finance, investment banking, etc.

Below, you can check the key points to study in USA for finance.

Key Features

  • 66 Universities with MS in Finance programs

  • 10-24 Months program

  • 750,800 Finance-related jobs within 10 years

  • 72,250 USD average salary for finance graduates

  • Innovative-led academic structure

 

Why Study MS in Finance in USA?

 

Several rationales justify why MS in Finance in USA for Indian Students is a popular choice.

  • High Demand Jobs: Almost every sector needs professionals who can help companies to manage their finances. Many candidates are studying MS in Finance in USA due to regular increase in job demand. This sector is projected to have a 5% job growth in the upcoming years. After completing the degree, a candidate can become a finance manager, accountant, financial analyst, investment analyst and financial controller, etc.

  • Top Ranked Universities: The top-ranked USA Universities offer full-time finance-related courses and coach them so that they can face real-world challenges in the sector. These universities have large alumni networks providing long-term value to the institutions.

  • Good Salary Package: MS in Finance graduates tend to earn around 72,250 USD on average salary. This number is more than the average wages for other occupations. As the candidates earn work experience in finance, their salaries will go higher. The person's salary depends on the position they hold in the department.

 

Top Universities in USA for MS in Finance

 

The world's economic environment keeps changing, but there is always a great demand for finance professionals worldwide. A student can choose from several universities in USA for MS in Finance. Below are some of the top universities in USA for MS in Finance.

 

The University of Texas at Austin

 

The University of Texas at Austin’s McCombs School of Business is one of the leading institutions for a finance degree. In terms of the best classroom experience, this business school is ranked 6th. Its Master of Science in Finance is top-rated as the teaching module consists of various finance theories. The institution teaches students various quantitative skills in a small-size classroom model. This makes the lessons more interactive.

The Master of Science in Finance course is for 10 months, and the tuition fees for three terms are 53,000 USD.

QS World University Rankings 2023

72

QS Business Masters Ranking: Finance 2022

29

Course Offered

Master of Science in Finance

Course Fees

53,000 USD for 3 Terms

 

University of California, Los Angeles (UCLA)

 

UCLA’s Anderson School of Management is ranked 3rd in the USA. It offers a Master of Financial Engineering degree. A pleasant student culture is developed where candidates are introduced to recent business practices.

To ensure students learn to apply their theoretical knowledge to the real world, different Applied Finance Project (AFP) is given. The candidates get a chance to work with industry experts as well. The Student-faculty ratio is 4:1.

The employment rate is approx. 100%, with the same percentage of students participating in various summer internships or fieldwork. The average salary of a finance degree graduate is $129K. University of California tuition fees for this program is 81,216 USD per year.

 

QS World University Rankings 2023

27

QS Business Masters Ranking: Finance 2022

6

Course Offered

Master of Financial Engineering

Course Fees

81,216 USD per year

 

University of California, Berkeley

 

Berkeley’s Haas School of Business is part of the University of California offers a Master of Financial Engineering degree. The institute is full value for money as it provides an intense learning journey with internships and placements at top companies.

In the year 2022, Berkeley Haas School of Business almost 99% got full employment offers. On average, its students get an average salary of USD 155,514.

QS World University Rankings 2023

44

QS Business Masters Ranking: Finance 2022

8

Course Offered

Master of Financial Engineering

Course Fees

78,142 USD per year

 

 

MIT (Massachusetts Institute of Technology)

 

MIT (Massachusetts Institute of Technology) is a private institute with a global reputation. It has top faculties that coach students in adaptive problem-solving. The Master of Finance program is for 12 months, and in this time span, the candidates are engineered to work in teams.

MIT has a finance lab in which the students collaborate with industry experts to analyze and solve real scenarios. For the 18-month program, the student has to pay 118,450 USD per year.

QS World University Rankings 2023

1

QS Business Masters Ranking: Finance 2022

4

Course Offered

Master of Finance

Course Fees

86,300 USD per year (12 months)

 

University of Florida

 

University of Florida is a public institution located in Gainesville, Florida. It provides a Master in Finance degree through Warrington School of Business. The students are given the freedom to take an integrated degree within 4 years.

CNBC and Bloomberg TV are broadcasted in Capital Markets Lab so that the students can monitor the market changes. Its Finance Professional Speaker series focuses on bringing experts so that major trends in the industry can be discussed.

QS World University Rankings 2023

188

QS Business Masters Ranking: Finance 2022

30

Course Offered

Master of Science in Finance

Course Fees

12,744 USD + 17,394 USD per year (on-campus and off-campus)

 

 

Admission Process for MS in Finance in USA Universities

 

In order to get admission for MS in Finance in USA, a candidate needs to follow the below-mentioned steps:-

  • Get to know the best university offering MS in Finance program.

  • To have an idea about the entry requirement visit university’s website.

  • Complete all applications and pay the fees asked.

  • All the documents are to be sent before the deadline.

  • Take the interview if any invitation has been received.

  • After taking the letter of acceptance apply for the USA Student Visa.

 

Cost of Studying MS in Finance in USA

 

Tuition fees and expenditure of living are the two main expenses that need to be considered in the cost of studying MS in Finance in USA.

  • Tuition Fees: The tuition fees can range from 30,138 USD to 86,300 USD a year for studying MS in Finance in the USA.

  • Cost of Living: The cost of living is a little higher in the USA as compared to other countries. An international student needs to pay 10,000 to 20,000 USD a year for accommodation, food, lifestyle, etc.

 

Moreover, students who wish to study in USA may contact our expert counsellors at any branch of Meridean Overseas Education Consultants (MOEC). You can also take free online counselling through our website. Our expert counsellors will provide you with the best support and guidance that you need for the admission and visa process. For more information or any queries, you can mail us at application02@meridean.org or call us at our toll-free no. 18­00-1230-00011.

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