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Master in Finance Programs

Master in Finance Programs, as the name suggests, provide comprehensive and holistic graduate training in the field of finance. The graduates can build a career in various finance sectors such as Corporate finance, Financial Analysis and Investment Management.   

A Master of Finance is a huge investment for your future as it’s here that not only would you grow academically and personally but also professionally. With so many reputed Master of Finance programs out there, it’s important that you choose one that is tailored to your needs.

There can be many factors for determining which program and school is the right one for you, such as expected salary, location, duration, curriculum, accreditation etc.

Assuming that you have done your research on What is Master in Finance and Jobs are now puzzling over which course to pick, we have created this list of the 30 best Master in Finance programs to help you choose the Masters in Finance Program that is your dream fit.

What is Master in Finance?

A Master in Finance programs (often abbreviated as MiF, MFin, or MSF) is a postgraduate academic degree designed to prepare students for careers in finance, specifically equipping them with a comprehensive understanding of the intricacies of financial markets, asset management, investment banking, corporate finance, and more.

The program typically delves deep into topics like financial theory, quantitative methods, corporate financial strategy, and financial econometrics. This rigorous curriculum ensures that graduates are well-equipped to navigate the complexities of today's financial world, whether they choose roles in investment banks, corporate finance departments, hedge funds, or other financial institutions.

Unlike an MBA, which provides a broad overview of business management topics, a Master's in Finance is more specialized, focusing primarily on finance-related subjects. This makes it a favored choice for individuals who are certain about pursuing a career in finance and wish to gain in-depth knowledge and expertise in the field. 

Best MFin Colleges Abroad

master in finance programs

Navigating the vast landscape of postgraduate finance education can be a daunting task for aspiring financial professionals. With myriad institutions offering a plethora of programs, pinpointing the right fit requires both research and discernment. Under the subheading List of Master in Finance Programs, we aim to simplify this journey for you.

Colleges Course Duration  Fees  Salary 
MIT 12-18 Months $87,600 - $120,400  $110,000
University of Illinois 15 Months $24,321 $72,000
HEC Paris 10 Months € 40,900 €78,000
ESCP Europe 15 Months € 29,100 € 97,000
EDHEC 15-24 Months €28,950 € 105,354
London Business School 10-16 Months £62,500 £120,200
University of Sydney 15 Months AU$54,000 $65,000

1. MIT MFin Program

The MIT MFin program curriculum places a strong focus on understanding how markets operate and staying updated on the most current financial theories, models, and industry trends. You can take advantage of renowned faculty, practical learning opportunities, and a highly ranked degree.

This program can be tailored to your career goals, offering opportunities in well-established financial organizations, large corporations, consulting companies, government agencies, and the fast-growing field of financial technology (fintech).

Specializations offered

The Master in Finance programs at MIT Sloan School of Management offers a range of specializations that allow students to tailor their studies to their specific interests and career aspirations. These specializations provide in-depth knowledge and expertise in specialized areas of finance. Some of the specializations offered for the Master in Finance programs at MIT Sloan include:

  • Corporate Finance
  • Investment Management
  • Financial Technology (FinTech)
  • Quantitative Finance
  • Risk Management
  • Entrepreneurial Finance

2. University of Illinois MFin Program

Students from diverse backgrounds and with varying levels of familiarity with the finance market apply to the University of Illinois MFin program, all of whom acquire valuable knowledge and insights. Your prior knowledge of the finance market is not a determining factor because upon completing your degree, you will attain a high level of expertise in finance.

Additionally, the program is structured to evaluate your interests and skills, ensuring that you are placed in appropriate classes that facilitate successful career development.

Specilizations offered 

  • Asset Management Specialization
  • Corporate Finance Specialization
  • Data Analytics and Fintech Specialization
  • Quantitative Finance Specialization
  • Real Estate Specialization
  • Finance Research (PhD.) Specialization

3. HEC Paris MFin Program

master in finance programs

HEC MFin program “tailor-designed approach towards education” allows you to learn at own pace with its two tracks. In Business track, if you are already familiar with basic financial accounting, investment theory, and corporate finance, you can start finance classes at an advanced level. It is ideal for people who are already familiar with the field but are looking for an advanced set of tools to jumpstart their career.

Specializations offered

The students have to choose a specialization from the first semester itself, the two specializations offered are as follows –

  • Corporate Finance specialization
  • Capital Markets specialization

4. ESCP Europe MFin Program

master in finance programs

ESCP MFin Program offers a comprehensive curriculum that equips students with the knowledge and skills needed to excel in the dynamic field of finance, preparing them for successful careers in global financial markets.

Specializations offered

ESCP Europe's Master in Finance programs offers the following specializations:

  • Corporate Finance
  • Investment Management
  • Financial Markets and Banking
  • Financial Regulation and Risk Management
  • Sustainable Finance

5. EDHEC MFin Program

master in finance programs

EDHEC MFin program is designed to provide students with a strong foundation in finance and equip them with the knowledge and skills necessary for successful careers in the financial industry. The program combines rigorous academic coursework with practical, hands-on experiences to prepare students for the dynamic and challenging world of finance.

Specializations Offered

EDHEC Business School offers the following specializations for its Master in Finance programs:

    • Financial Markets
    • Corporate Finance
    • Financial Economics
    • Risk and Investment Management
    • Data Science for Finance

6.RMIT University MFin Program

The RMIT MFin program extends over two years, encompassing four semesters. For international students, the annual tuition fee amounts to AUD$42,240. Upon successful completion of the program, graduates can anticipate an average salary of AUD$75,000.

To be eligible for the Master in Finance programs, applicants are required to hold an Australian Bachelor's degree or an equivalent overseas qualification in any discipline. While GMAT or GRE scores are not mandatory, they are beneficial. Additionally, a minimum IELTS band score of 6.5 or an overall TOEFL score of 79 is required for program admission.

7. University of Sydney MFin Program

The elective courses within the Finance specialization of University of Sydney MFin program offer students the opportunity to tailor their advanced education to align with their prior experience and develop in-depth expertise and technical abilities in crucial industry areas.

These areas encompass corporate valuation, derivative securities, risk management, mergers and acquisitions, portfolio theory, asset pricing, and banking. Furthermore, ethical and social factors are consistently addressed throughout this specialization.

Top MFin Programs: Country-wise

Here, we present a curated list of premier Master in Finance programs from around the globe, offering insights into their unique selling points, curriculum, and reputation. Whether you're seeking a traditional approach or innovative methodologies, this guide endeavors to provide a comprehensive overview to aid your decision-making process.


Embarking on a path towards a Master of Finance (MFin) degree in the United States represents a significant stride in the world of finance education. 

College  Location
MIT  Cambridge, USA
University of Illinois Illinois, USA
University of Maryland College Park, Maryland


Exploring your options for a Master in Finance programs? Europe, known for its rich culture and history, also houses some exceptional institutions for finance education.

Colleges  Location
HEC Paris France 
ESCP Europe Paris, France 
EDHEC Paris and London
SKEMA Paris and Brazil
ESSEC Cergy, France


Australia, with its stunning landscapes and vibrant cities, is not only a fantastic destination for exploring nature but also an excellent choice for pursuing a Master in Finance programs.

College Location
RMIT University Melbourne
 University of Sydney Sydney
Australian National University Canberra

Jobs & Career After MFin 

Embarking on a journey to explore your career prospects after earning a Master of Finance (MFin) degree unveils a world of diverse opportunities. This specialized education equips you with a unique skill set, opening doors to fulfilling roles across various sectors.

1. Investment Banker

They Collaborate closely with clients to assist them in formulating strategic financial choices. The annual income for investment bankers in France can fluctuate between €60,000 and €150,000, influenced by elements like their level of experience, specialization, and the company's scale.

2. Financial Analyst

They perform thorough research and create financial models to bolster the decision-making process. The annual salary bracket for financial analysts in France typically spans from €40,000 to €80,000, contingent on their level of experience and proficiency.

3. Risk Manager

Risk managers have the duty of recognizing and evaluating potential hazards within financial organizations. They create tactics for managing these risks, put risk reduction measures into practice, and guarantee adherence to regulatory standards.

The annual income range for risk managers in France can fluctuate between €50,000 and €100,000, with the variation influenced by the organization's size and intricacy.

4. Financial Consultant

They evaluate the financial aspirations of clients, scrutinize their financial status, and suggest appropriate approaches to attain their goals. The annual earnings for financial consultants in France can display significant variance, commencing at €40,000 and, in some cases, surpassing €100,000 per year. 

Role  Average Salary Range
Investment Banker €60,000 - €150,000
Financial Analyst €40,000 - €80,000
Risk Manager €50,000 - €100,000
Financial Consultant € 40,000 - 100,000

Process of Admission in Master in Finance Programs

Gaining admission to a Master in Finance Programs, like most prestigious postgraduate degrees, requires a rigorous and multifaceted application process.

While specific requirements can vary between institutions, there are several common steps and components that candidates must navigate. Here's a generalized overview of the admission process for a Master's in Finance program:

Meterics Description
Eligibility Criteria Before embarking on the application journey, ensure you meet the basic eligibility criteria.
Standardized Test Scores Many institutions require scores from standardized tests like the GMAT or GRE.
Academic Transcripts You'll need to provide transcripts from all undergraduate (and, if applicable, postgraduate) institutions you've attended.
Letters of Recommendation Most programs ask for at least two letters of recommendation.
Statement of Purpose or Essays These are personal essays where you outline your motivations for pursuing a MiF, your career aspirations, and why you're interested in that particular institution.
Resume/CV This should detail your academic qualifications, work experience, internships, leadership roles, and any other achievements or extracurricular activities that might enhance your application.
Interview Once your written application has been reviewed and shortlisted, you might be invited for an interview.


Securing a spot in a Master in Finance programs is a meticulous journey, one that demands diligence, preparation, and introspection. The application process, layered and comprehensive, serves as a reflection of the program's rigor and the industry's demands.

How can I fund my MFin studies abroad?

Many universities offer scholarships based on merit or need. Indian students can also explore education loans from Indian banks or financial institutions. Additionally, some countries allow students to work part-time, which can help offset living expenses.

Is the GMAT/GRE mandatory for all MFin programs?

While many institutions require GMAT or GRE scores, some universities might waive off this requirement based on strong academic performance or relevant work experience.

How does studying finance abroad benefit me in comparison to studying in India?

Studying abroad often provides exposure to global financial markets, diverse cultures, and international financial practices. Furthermore, top universities abroad often have stronger industry linkages, which can be advantageous for internships and job placements.

After completing my MFin abroad, can I work in that country?

Work opportunities post-graduation depend on the country's visa and work regulations. Many countries offer post-study work visas for international students. It's essential to check the specific work rights associated with the student visa for the country you're considering.

Is it necessary to learn the native language of the country I'm considering for my MFin?

 While MFin programs are typically taught in English, learning the local language can be advantageous, especially if you're considering working or interning in that country.

Know Your Author
Photo of Rohit
Rohit Rajaram
Study Abroad Expert
Rohit is a results-driven individual with a strong background in Education Mentorship, Program Management and Business Development. Holding a Master's degree in Management from ESCP Business School in Paris, Rohit combines academic excellence with extensive industry experience. Throughout his career, Rohit has consistently delivered exceptional results, driving sales, increasing turnover, and achieving targets. Known for his strategic acumen, Rohit formulates and executes successful business strategies, enhancing operational quality, customer satisfaction and key bottonline drivers. As the Co-Founder of MiM-Essay, a leading Early Career Degrees application consulting company, Rohit has successfully mentored over 10,000+ students, enabling them to secure admissions in top-ranked schools worldwide with significant scholarships. Under his leadership, the company has maintained high-quality service and exceptional client satisfaction rates. With expertise in analytics, product development and business excellence, Rohit has successfully driven the success of various initiatives. Committed to constant innovation, he is expanding the company's offerings by introducing digital and technology-powered products for comprehensive education solutions.
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