sakshi123 A Master’s in Finance in the USA takes two years. Students learn about finance topics like money markets, investing, and business finance. Professors from top MFin colleges in USA teach the classes. This degree opens doors to jobs in banking and investment. International students gain leadership experience through internships.
The cost is around $44,000 to $50,000 for tuition. Living, books, travel, and personal expenses are extra. Scholarships based on TOEFL scores, grades, and nationality are available. Contact admissions and financial aid for details. Managing money as an international student is crucial when studying finance in the US.
Top MFin colleges in USA
When it comes to MFin programs, the United States boasts an array of prestigious colleges and universities that offer world-class education. Here are some of the top MFin colleges in USA:
University of Illinois
The University of Illinois, located in Illinois, USA, offers a dynamic Master of Finance (MFin) program designed to be completed in just 15 months. This STEM-designated program provides students with a comprehensive financial education. The total cost of the MFin program at the University is $69,975, and upon completion, graduates can expect an impressive average salary of $82,281, making it an excellent choice for those pursuing a career in finance.
University of Maryland
The University of Maryland, located in Maryland, USA, offers a rigorous Master of Finance (MFin) program designed to be completed in one year, split into two semesters. International students can expect a semester fee of $30,000. Upon graduation, students can anticipate an average salary of $70,000, making it an excellent choice for those seeking a career in finance.
Princeton University
Princeton University, situated in New Jersey, USA, offers a comprehensive two-year Master of Finance (MFin) program spanning four semesters. The program cost for international students is $56,010 per year. Graduates from Princeton can look forward to an impressive average salary of $133,000, making it a top choice for those pursuing a lucrative career in finance.
University of Fordham
The University of Fordham, located in the heart of New York, USA, offers an intensive one-year Master of Finance (MFin) program divided into two semesters. The program cost for a year is $51,960. Graduates from Fordham can anticipate an average salary of $43,000, making it a valuable choice for those seeking a finance career in the vibrant city of New York.
Eligibility
Master of Finance (MFin) programs in the USA are advanced studies for finance careers. To qualify for MFin colleges in USA, you need a bachelor’s degree, a good GPA, and decent scores on exams like GRE or GMAT.
Bachelor’s degree from a recognized school
A satisfactory score on GMAT or GRE
Proof of English skills through IELTS, TOEFL, or similar tests
Requirements vary by university, but most look for a GPA of 3.0-4.0, GRE/GMAT scores of 670+, and an IELTS score of 6.5+ for English. Visit the university websites for precise info.
| TEST | MINIMUM SCORE |
| GMAT | 600 – 650 or above |
| GPA | 3.0 – 3.5 / 4.0 or above |
| IELTS | 6.0 – 7.5 or above |
| TOEFL | 84 – 105 or above |
Documents needed for applying to a Master’s in Finance program in the USA:
Complete an online admission application on the university’s website.
Provide your academic records from previous schools.
Obtain 2-3 letters of recommendation.
Prepare a CV/Resume or a Statement of Purpose.
Some colleges might request a video essay or answer specific questions.
Include scores from standardized exams required for your Finance program in the USA.
Submit your English Proficiency Test scores.
Share your GMAT/GRE results.
Pay the application fee.
Job and Placement Opportunities
Graduates MFin colleges in USA have good job prospects. They can work in fields like investment banking, asset management, or corporate finance. A study by GMAC found that 70% of graduates find jobs within three months.
The average starting salary is $80,000-$100,000 annually. Specializations like investment banking and quantitative finance lead to higher pay. Top employers include JPMorgan Chase, Goldman Sachs, Morgan Stanley, and BlackRock.
MFin programs offer career support, counseling, and networking. They host career fairs and interviews.
Popular MFin jobs:
Financial Analyst: Offers financial advice and analyzes market data.
Investment Banker: Facilitates funding and advises on financial transactions.
Risk Manager: Identifies and reduces risks, ensuring compliance.
Asset Manager: Manages investments for individuals and companies.
Consultant: Gives expert advice on finance, risk, and planning.
Conclusion
Selecting the right MFin colleges in USA is a critical decision that can shape your career in finance. It’s essential to research your options thoroughly, meet the eligibility criteria, and prepare a strong application to increase your chances of gaining admission to a top institution. Once you’ve completed your MFin program, a world of exciting job opportunities in the finance industry awaits you. With dedication, hard work, and the right education, you can achieve your career aspirations in finance and make a meaningful impact in this dynamic field. So, start your journey today by choosing the MFin college that aligns with your goals and aspirations. Pursuing an MFin degree is a significant step towards a successful career in finance.
