Bachelor's in Finance and Master's in Finance Programs (2024)

FAQs

Are bachelors in finance enough? ›

Graduates can typically find work in fields like banking, real estate, money management, or investment banking. A finance undergraduate degree, as well as a degree in business administration, is considered sufficient preparation for many entry-level jobs.

It's generally okay to have a degree in any field if you have experience working in finance. However, if you don't have any experience and your degree is in a very different area, you might need to take some college-level financial courses before you can start a Master's in Finance program.

Managing money means you need to have stellar analytical skills and market knowledge. A master's degree in finance provides a wealth of knowledge and expertise to help set you apart in such a competitive, global and in-demand job market. This includes in-depth knowledge in areas like: Investments.

Believe it or not, mastery of advanced math skills is not necessary to have a career in finance. With today's technology, all math-related tasks can be done by computers and calculators. That said, there are some basic math skills that would certainly make you a better candidate in the finance industry.

Is finance harder than accounting? Accounting relies on precise arithmetic principles, making it more complex, whereas finance requires a grasp of economics and accounting without as much mathematical detail.

Ultimately, jobs that deal with the creation, management, and analysis of wealth are among the most in-demand and lucrative career options for business graduates. Whatever your career aspirations, a Master of Finance degree can set you up for success in this rewarding area of business.

The MBA equips graduates with a broader skill set and knowledge base composed of multiple aspects of the business world. An MF program, on the other hand, is much more finance specific. The applicant's career goals will largely determine which type of program they choose.

Is finance a hard major compared to other business fields? Finance can be challenging, but the difficulty level may vary depending on individual strengths and interests. Some find its quantitative aspects demanding, while others struggle with the theoretical concepts.

MBA graduates earn more money than master's in finance graduates, but this can be due to a variety of factors, including that MBA students are typically older and pursue a wider breadth of roles in business.

Which master's degree is most in demand in finance? ›

Investment bankers have historically tended to gravitate towards MBAs rather than MSc Finance courses. Neither are to be confused with the much more niche master's in financial engineering courses which offer access to quantitative roles.

The estimated total pay for a Masters Finance is $175,889 per year, with an average salary of $118,896 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.

Program Eligibility

Applicants do not need to submit GRE, GMAT, or other graduate entrance exam scores, but should have at least a 3.0 cumulative USC GPA at the time of application.

Typically, a Masters in Finance will last one or two years, depending on the institution and location.

Some Master's in Finance programs may require prerequisites in areas like: communication, mathematical tools, computer programming, and statistical and econometric applications, depending on the specialization.

A BS degree will focus on practical skills and experience suitable for pursuing a career in industries such as: Finance.

While technology is automating some aspects of banking and personal finance, there is still strong demand for financial professionals. Many finance occupations require a strong understanding of math as well as good communication skills. Jobs in finance pay well, with many professionals earning six-figure incomes.

The Bureau of Labor Statistics projects significant growth for Financial Analysts and Personal Financial Advisors, with growth rates surpassing the average for all occupations. With median salaries ranging from $64,000 to $75,000 annually, a finance degree in 2024 positions you to capitalize on these lucrative roles.

Yes, both accounting and finance are highly-sought after careers. Many companies need experts in these fields to help better manage money and make smart financial decisions. This high demand means there are plenty of job opportunities for people with education and skills in accounting and finance.