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Pursuing a master’s degree in Finance domain from an international university can be a smart career decision. Endless career opportunities and high growth potential make a Master of Finance study program one of the most popular degrees to study abroad. So, if you want to know the best country to study Master’s in Finance course and other interesting information, this guide will help you.

Key Highlights

  • 5 best countries for Masters in Finance
    • United States of America
    • United Kingdom
    • Australia
    • Canada
    • United Arab Emirates
  • Eligibility criteria to study Masters of Finance abroad
  • Application process for Masters of Finance study program


5 best countries for Masters in Finance

United States of America

The USA is a hub of academic excellence as it houses some of the most prestigious universities in the world. As per Occupational Outlook Handbook, the employment opportunities for Financial Analysts are projected to grow by 9% between 2021 and 2031. High demand for finance graduates and lucrative job opportunities are encouraging students to study a Master of Finance program in the USA. The top 5 universities, along with their Global Quacquarelli Symonds (QS) Rankings and Times Higher Education (THE) Rankings, are as follows:


Sr.No.

Name of the University

QS World Rankings 2023

THE Rankings 2023

1

Massachusetts Institute of Technology

1

3

2

Stanford University

2

2

3

Harvard University

3

1

4

California Institute of Technology

4

4

5

University of Chicago

5

9


United Kingdom

Prestigious universities offering a job-oriented curriculum and enabling students to grab a job within 3 months of the completion of the course make the UK one of the best places to study PG courses in Finance. The best UK universities, along with their Global QS and THE Rankings, are as follows:


Sr.No.

Name of the University

QS World Rankings 2023

THE Rankings 2023

1

University of Cambridge

1

2

2

University of Oxford

2

1

3

Imperial College London

3

3

4

University College London

4

4

5

University of Edinburgh

5

5


Australia

Top Australian universities offer different kinds of Master of Finance degrees like Master of Commerce in Finance, Master of Applied Finance, and Master of International Economics and Finance, with a course duration of 1.5 to 2 years. These degrees combine both theoretical and practical training programs and make students career-ready. The best universities in Australia are as follows:

Sr.No.

Name of the University

QS World Rankings 2023

THE Rankings 2023

1

Australian National University

1

5

2

University of Melbourne

2

1

3

University of Sydney

3

4

4

University of New South Wales

4

6

5

University of Queensland

5

3


Canada  

Canada is the best country to study MBA Finance, MS in Finance, and many other PG courses. The career scope after completing post-graduation in Canada is extremely bright. Consider these Canadian universities for studying MS or MBA in Finance:


Sr.No.

Name of the University

QS World Rankings 2023

THE Rankings 2023

1

McGill University

1

3

2

University of Toronto

2

1

3

University of British Columbia

3

2

4

University of Alberta

4

6

5

Université de Montréal

5

5


United Arab Emirates

Pursuing a master’s degree in Finance, like MS in Financial Management and a Master’s in Accounting and Finance from the UAE, can be life-changing. With the presence of reputed financial companies like Emirates NBD, Abu Dhabi Commercial Bank, etc., the demand for finance graduates keeps increasing. You can consider these UAE universities to study PG courses in Finance:


Sr.No.

Name of the University

QS World Rankings 2023

THE Rankings 2023

1

Khalifa University

1

4

2

United Arab Emirates University

2

2

3

American University of Sharjah

3

6

4

University of Sharjah

6

1

5

Abu Dhabi University

7

3


Eligibility criteria to study Master of Finance abroad

  • A bachelor’s degree in the related field
  • International English Language Testing System (IELTS) or Test of English as a Foreign Language (TOEFL) scores
  • Graduate Record Examinations or Graduate Management Admission Test (GMAT) (GRE) scores
  • Work experience, if any
  • A valid passport
  • Student visa
  • Statement of purpose
  • Letters of recommendation

Application process for Master of Finance study program

  • Select the study abroad destination and university
  • Check out university-specific eligibility criteria
  • Fill out the application form and submit all documents
  • After receiving a letter of acceptance from the university, find out the kind of visa you need to apply to study at your preferred destination and apply for it a minimum of 3 months before the course commencement.

If you are facing financial constraints in securing admission to any of the universities mentioned above, you can opt for a study loan for abroad courses. At Avanse Financial Services, we offer education loans for students with benefits like 100% finance, flexible payment options, and quick sanctions. So, contact us to know more!

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