Today, there are many job opportunities because of the growing importance of financial managers. A Master of Finance is the perfect investment to grow your career even internationally. According to a study, senior positions in the finance area are crucial elements to ensure an organization’s future. The investigation surveyed more than 450 professionals in the corporate sector worldwide. At least half of them indicated that financial managers would become more important than other positions in the coming years. In the US, 93% of executives confirmed the same trend. Therefore, to exercise this role, it is essential to have a Master’s Degree in Finance.
The Importance Of Graduate School And The Opportunity For Better Positions
Although financial experts are professionals necessary for companies’ growth, most do not yet have the required training to occupy high positions. The study indicates that 30% of company presidents consider that their CFO does not have the necessary conditions to take on current challenges. A finance specialist needs to maintain operations every day, align with its strategy, and understand your company’s needs.
A Profitable Investment
Whether in times of crisis, stagnation, or development, companies will always need a finance specialist. A study of Global Marketing Research indicated that 24% of executives were pursuing this expertise a few years ago, in parallel to the high demand for this type of product specialization economic growth. According to the Ministry of Economic and Finance, this panorama is even more promising since the US will lead to economic growth in the entire region. The figures indicate that an investment in education for this area will bring fruitful results. A Master in Finance allows a professional to be much more productive in managing areas of accounting, treasury, budgeting, investments, among others, within their enterprise. In this way, it is possible to ensure its growth over time.
Top 10 Masters in Finance Programs 2021
QS World University Rankings revealed that finance MBA rankings are significantly more and an upsurge in 2021. After unveiling the US schools’ ranking that offers the best training on the subject, we take stock of the most attractive courses at the international level.
In finance training, the United States and the United Kingdom seem to be world leaders.
Methodology For Ranking The Best Masters In Finance
To achieve this list of the best training courses, QS evaluated the masters according to five criteria: the employability of graduates, alumni income, profitability, the quality of teaching, and the diversity of teachers and students.
QS weighted the results by assigning more or less importance to specific criteria. The employability of graduates accounts for 30% of the overall score. The salary of alumni weighs 20% of the total score, as do the master’s program’s profitability and teaching quality. Finally, the diversity of the workforce accounts for 10%. Let’s take a look at the top ten masters in finance programs.
UC Berkeley (US)
The Master of Financial Engineering from the Berkeley business school allows the students to integrate the top 5 with a total score of 88.4/100. The grades demonstrate the excellence of the courses offered 100/100 and the program’s profitability 95/100.
Cambridge Judge (UK)
The British school also obtains an overall score of 88.3/100 with its Master of Finance. It does better than ESSEC regarding graduates’ income 96.6/100, the quality of teaching 97.5/100. It even obtains the perfect mark in terms of employability. On the other hand, QS judges the program’s profitability lower than ESSEC (65.1 against 99.2 for the Parisian school).
LSE (UK)
The London School of Economics’ MSc Finance posted an excellent score of 87.6/100. QS welcomes the level of alumni remuneration with a 99.7/100 and the superb quality of teaching with a score of 97.5. The program is also great in terms of teachers’ and students’ diversity.
UCLA (US)
UCLA’s Business School’s Master of finance scores well for graduate salaries 99.7/100. On the other hand, it is less useful in terms of students’ and teachers’ diversity, with only 55. The total score of the program is 86.3/100.
Alliance Manchester (UK)
Alliance Manchester Business School’s MSc Finance also scores 69.2/100. While it is less efficient on profitability than the Swiss program, it makes up for teaching quality with a score of 80.9 and diversity 85/100.
LBS (UK)
London Business School’s MSc in Financial Analysis scores 91.3/100. The program is on the verge of perfection in many categories: exit salary 99.8/100, employability 99/100, and teaching quality (99.3/100). On the other hand, the school sins in terms of diversity where it obtains a score of 65.
Oxford (UK)
With an overall score of 92.5/100, SAID’s MSc Financial Economics ranked best as a master’s degree in finance 2020. The school achieves the perfect score in almost all categories: 99.6/100 for the exit salary, 100/100 for employability, the same score for the quality of teaching.
MIT (US)
It’s another American school in the top 10 list with a score of 92.4/100 for its Master of Finance. Above all, it owes its place in the ranking with excellent remuneration of graduates 100/100. Students’ employability on leaving is exceptional 96.1/100 like its academic excellence 100/100.
Warwick (UK)
With a score of 65.9/100, the MSc Finance at Warwick Business School ranks the list. The diversity of faculty and students 85/100, and teaching quality 94.3/100.
Imperial College (UK)
With a total score of 74.5/100, the MSc in Finance from the London Business School has placed in 14. The program shines with its high level of employability, which earned it a score of 95.1. On the other hand, the master’s in finance from Imperial College Business School is not very profitable and obtains the lowest score of the top 25 in this area: 35.8.
Conclusion
Masters in finance programs offer great career opportunities for people in many industries. The key is to train and prepare with a postgraduate degree that allows you to have the skills and polish the necessary qualities to achieve it. Due to the importance of financial managers and the lack of them in companies, there are places available for new talents to fill them.
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