Finance is more than just number crunching numbers. It has a lot to do with money as a whole. The proper definition of finance is money or other liquid assets of a government, business, group or individual. It can also be considered the circulation of money, credit, or investments in a banking facility.
What are graduate finance degrees?
Graduate finance degrees are also known as a master of finance (M.Fin.) and helps prepare a student with the proper education to further their career in anything from financial analysis to corporate finance. Normally this degree can be completed within two years or less if the student attends the program full time. This type of highly advanced degree offers students a firm understanding of investments and organization with classes in risk management, international banking, and investment analysis.
What are the most popular types of graduate finance degrees?
Getting a graduate finance degree can either help a student get a better understanding of finance as a whole or help them study in a specific field of interest. Some of the most popular types of graduate finance degrees are as follows:
- Master of Science in Accounting/Finance
- Master of Business Administration in Finance
- Master of Science in Banking and Financial Services Management
- Master of Business Administration
- Master of Science in Global Finance
- Master of Science in Taxation
- Master of Science in Fiance
- Masters of International Economic and Finance
- Master in Real Estate and Finance
What does it take to earn a graduate finance degree?
Normally when a student sets out to study for a graduate finance degree, they will need to have a bachelor’s degree before applying. While most programs and schools do require that the student who is applying will need to have a bachelor’s degree, many accept a student who has a bachelor’s degree in related fields such as business or economics, and not necessarily finance specifically. There are also some programs that require the applicant have work experience prior to attending.
What are some popular finance careers?
Students studying finance can be sure to have a successful career in the field. There are many different types of career paths to choose from, include the following:
- Credit Analyst
- Financial Advisor
- Financial Planner
- Financial Analyst
- Loan Officer
- Investment Banker
What are the 3 highest paying jobs that a person with a graduate finance degree may qualify for?
There are plenty of excellent positions for a person in finance to be part of, especially once they have received their graduate finance degree. Some popular high paying positions include:
- Actuaries: $81,640
- Economists: $73, 690
- Sales Agents: $67,130
Those who have a passion for numbers and an interest in learning more about finance should look into getting higher education in the field. Not only will it help them succeed in a higher level finance position, but it clearly pays off when it comes to getting a higher salary. A graduate finance degree will help any interested students flourish in this industry.