Finance, like accounting, has become an integral part of any successfully run business. It is a field of study which purely focuses on money systems, inflow/outflow of money and investment and assets. All companies either have individuals and organisations investing in them or themselves are invested in other ventures. It is necessary to have someone who could keep meticulous track of the assets and at the same time make informed suggestions as to new investment ventures.
MS in Finance in USA is a field of study which is a professional necessity in companies. In order to be a valuable asset to your employer and perform at the most optimum level, a MS in Finance in USA is the best option. Not only does it make you professionally competent, but also instils a sense of confidence in your employers. The United States of America is known to have some of the best schools for teaching an MS in Finance course. In the following article, we will be looking into some of the best schools and the Post-graduate Courses they offer in Finance.
Benefits of studying MS in Finance in USA
Any and every course that study that one chooses to study will have advantages of its own, personally and career-wise. The decision on the field of study needs to be made after due consideration of the benefits it will provide to the student. Finance, through a demanding course of study, is one of the most beneficial courses and is known to be a mulita-billion-dollar industry. Following are some of the benefits of studying MS in Finance.
Any and every course that study that one chooses to study will have advantages of its own, personally and career-wise. The decision on the field of study needs to be made after due consideration of the benefits it will provide to the student. Finance, through a demanding course of study, is one of the most beneficial courses and is known to be a mulita-billion-dollar industry. Following are some of the benefits of studying MS in Finance in USA.
Employment Prospects
Finance and accounting are integral parts of any business. therefore, no matter which day and age we live, there will always be a need for professionals who have knowledge of these subjects. Studying finance will give students the opportunity to jump into a vast and fulfilling job market.
Flexibility
Professionals who have studied finance have the advantage of turning into consultants rather than working for someone. This gives them the opportunity to have a home business where they are their own bosses. The professionals can choose the projects which they would like to work on and choose their own work hours.
Enhanced Prospects
studying any form of MS degree has the advantage of learning topics which are otherwise advanced for bachelor’s programs. Learning these advanced topics help gain a different perspective and helps you learn creative solutions to unique problems. This makes students more efficient and, in turn, more hireable.
Salaries
Even though finance is a very integral part of any business, there is a lack of professionals with the necessary skill set. Therefore, all professionals in this field are picked up instantly and paid high salaries.
List of MS in Finance programs in the USA
The United States has been home to many prestigious schools for many years now and is considered one of the best countries to visit in order to pursue a higher grade of education. Some of the best MS in Finance in USA programs are taught in the following schools:
- Texas Tech University
- Texas A&M University
- Mississippi State University
- Louisiana State University – Baton Rouge
- North Carolina State University
- West Virginia University
- Indiana University – Bloomington
- Auburn University
- University of Alabama
- University of Buffalo
- University of Maryland – College Park
- University of Arizona
- University of Wisconsin – Madison
- University of Florida
- University of Texas – Austin
- University of California – Irvine
- University of California – Los Angeles
- University of California – Berkeley
- University of Cincinnati
- University of Virginia
- University of Illinois
- University of Minnesota
- University of Michigan
- University of Pennsylvania
- Rice University
- Robert Morris University
- Columbia University
- Princeton University
- Vanderbilt University
- Massachusetts Institute of Technology
The following is going to be an overview of some of the above-mentioned schools and their MS in Finance in USA programs.
Massachusetts Institute of Technology
Massachusetts Institute of Technology was established in 1861 and is one of the oldest tech schools in the United States. It is a private research university with a focus primarily on applied science and engineering. the school is very selective and has a small student population of 10,000.
The Sloan School of Business at MIT offers one of the top Master’s in Finance (Fin) programs in the country, if not the world. the tuition fees of the program come to be $43,210.
Princeton University
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Princeton University is one of the ivy league schools in the country, which is a collection of some of the oldest and most prestigious schools in the nation. The school was first established in 1746 as the College of New Jersey, and its current name was given to it in the year of 1896.
One of the most prestigious programs in the nation, the Master’s in Finance course offered by Princeton has a curriculum which lays a great foundation in the basics before teaching students advanced subjects. The university also offers MBA in Finance for career progression. The course tuition fees are $40,170 per year.
Columbia University
Another ivy league school on this list, Columbia University, is situated in the posh area of upper Manhattan in the city of New York. The school was established in 1754 and is the fifth-oldest higher education institute in the country. The school was known as King’s College and then Columbia College before taking its current name.
The Columbia Business School, part of the main campus, offers a degree MS in Finance in USA with MBA specialising in Finance and Economics. The program is one of the best in the country, which could attribute to the star-studded faculty consisting of 9 noble laureates. The tuition fees of the program are $39,852.
University of Pennsylvania
The University of Pennsylvania, also known as UPenn or Penn, is one of the nine-colonial colleges which came into existence before the Declaration of Independence. The school was founded by the polymath and founding father of the nation, Benjamin Franklin. The school was established in 1740 and is home to the first business school, Wharton School, which was founded in 1881.
The above-mentioned Wharton Business School offers an MBA program with an inbuilt major in Finance. With a student-faculty ratio of 6:1, every student can be given proper attention. The tuition fees for the course are $28,768.
University of California – Berkeley
Established as a public research university, the school first came into existence in 1868. The school today has grown into one of the largest schools in the country and houses a total of 42,519 students (undergraduates and post-graduates). The school is located in Berkeley, California.
The Faculty of Business and Management at the University of California - Berkeley has a very prestigious and rewarding one-year program in the field of Masters in Financial Engineering. the course tuition fees tally up to $63,540 per year.
University of Texas – Austin
The University of Texas at Austin was established at The University of Texas from 1881 until 1967. The school is the flagship institute of the University of Texas system. It has been ranked eighth-largest with respect to single campus enrolment and houses a student population of 50,000.
The University of Texas at Austin is home to the McCombs School of Business, which offers one of the best Master of Science in Finance programs. The school offers specialisations in energy, corporate finance and asset management. The in-state tuition fees of the program are $10,842.
West Virginia University
West Virginia University is a research-intensive institute and has its main campus in Morgantown, West Virginia. The school was established in 1867 and had a land and space grant, which means it gets to do research along with local government agencies. The main campus has a student population of 29,175 and an academic staff of 1,870.
With widely known and affordable, West Virginia University Business School offers a one-year Master of Science in Finance course to its students. the tuition fee for the course for in-state students is $7,218.
North Carolina State University
The North Carolina State University was first established as the North Carolina College of Agriculture and Mechanic Arts in 1887. Their current name was taken in the year 1962. It is a public research university with a land grant. The school has an enrolment of 35,000 students taught by an academic staff of 2,336.
The NCSU business school has a full-time Master in Business Administration course specialising in Financial Management. The course’s tuition fee for in-state students is $7,173.
Conclusion
Without a doubt, finance is the biggest industry in the business world. Career opportunities, jobs, working platforms, and organizations are all significant once you step into finance. Along with it, the top business schools in UK and in the USA all offer MS in Finance in USA. If you are interested in pursuing a finance master's, the USA is probably the best location. With top business schools, the country has the biggest financial market. All the major MNCs operate their headquarters in the USA. Start your preparation for MS in Finance in USA right now.