Higher education in the USA is recognised globally. The cost of education in the USA might seem to be expensive but you can aid your education through loans, grants and scholarships.
The opportunities of studying in the USA extend to its rich cultural and social experiences. It provides a well-rounded education to develop a person holistically. Additionally, the master’s in Finance in the USA is a dynamic course that provides a combination of a variety of statistical and quantitative methods, computational tools and prediction models that can be utilised in businesses.
Let’s take a look at some of the top universities to pursue a master’s in Finance in the USA:
1. MIT Sloan School of Management
The Massachusetts Institute of Technology (MIT) Sloan School of Management, ranked second in the QS Masters in Finance Rankings (after London Business School), is highlighted for its Master of Finance degree and receives a perfect score for the ‘thought leadership’ indicator. It demonstrates its huge academic standing and history of revolutionary ideas in management and finance, such as Theory X and Theory Y and the Solow–Swan model. Mens et manus (thought and hand) is Sloan’s motto, which represents the school’s emphasis on finding practical answers to real-world challenges.
Duration: 12-18 months
Average Program Fees: 63 lakhs
The Haas School of Business at the University of California, Berkeley, is ranked fifth for its Master of Financial Engineering (MFE) programme, with perfect scores in the ‘value for money and ‘thought leadership indices.’ Students will be placed with organisations such as Barclays, Morgan Stanley, Bank of America, and Uber throughout their 10-week internship. As a result, Haas students are highly employable, with an average beginning income of US$155,514 per year.
Duration: 12 months
Average Program Fees: 60 lakhs
The Anderson School of Management at the University of California, Los Angeles (UCLA) is ranked seventh in the masters in finance rankings, with its Master of Financial Engineering (MFE) degree allowing students to learn from world-renowned faculty and prominent guest lecturers, as well as apply what they’ve learned through a summer internship and a hands-on Applied Finance Project (AFP), in which students can expand their professional networks and gain valuable exposure to possible career opportunities.
Duration: 13 months
Average Program Fees: 31 Lakhs
Stern School of Business at New York University (NYU) is placed 23rd in the QS Masters in Finance rankings, with strong marks for alumni outcomes and thought leadership. The MS in Global Finance degree, which is offered in partnership with the Hong Kong University of Science and Technology (HKUST), is a one-year programme with classes held in Hong Kong, New York, and Shanghai. Students attend 12 courses and one Integrative Group Project, during which they collaborate in small groups to solve real-world financial problems.
Duration: 12 months
Average Program Fees: 42 lakhs
The McCombs School of Business at the University of Texas in Austin is ranked 30th, with an exceptional score for alumni outcomes. Its Master of Science in Finance programme provides students with a fast-paced introduction to finance theory, as well as excel modelling and other quantitative abilities. The class size is limited to 50 students, allowing for excellent student-professor contact.
Duration: 10 months
Average Program Fees: 31 lakhs
It can be concluded from the information provided above that USA is a perfect study destination for a master’s in Finance. The opportunity to experience the diverse culture and an enriching well-rounded course curriculum will help you develop the fundamental skill set to pursue your career goals and ambitions. Overall, pursuing a master’s in the USA will help you develop holistically.
Abhyank Srinet is a passionate digital entrepreneur who holds a Masters in Management degree from ESCP Europe. He started his first company while he was still studying at ESCP and managed to scale it up by 400% in just 2 years.
Being a B-School Alumni, he recognized the need for a one-stop solution for B-School to get in touch with schools and get their application queries resolved. This prompted him to create Mentr-me, a one-of-a-kind portal with cutting-edge profile evaluation and school selection algorithms, along with several avenues to stay informed about the latest B-School Updates.