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9 TOP UNIVERSITIES IN USA FOR MS IN FINANCE: A COMPREHENSIVE LIST

9 Top Universities in USA for MS in Finance: A Comprehensive List

Introduction

We provide you with a list of some of the most unparalleled universities, that provide quality education, scholarships, higher scope of career growth, and create a promising career.

  • A master's in finance is a very lucrative job prospect with equivalent job requirements.
  • A finance degree tends to be combined with or overlapping its subjects with accounting and business studies.
  • MBA in finance from a prospective country like the US, it can your career miles ahead at a young age.
  • 84% of graduates are employed immediately after graduation, with an average salary of $77K.

Students of commerce are most intrigued with Finance as a subject. Finance is the specialized study of how an individual or a business handles its money. A finance degree, which tends to be combined or overlapped with accounting/business, provides a wide grasp of how finance has an impact on people and places. The scope of finance itself is growing constantly and might I add, very rewarding.

However, the entry qualifications for choosing a career in finance are equally extensive as well. It attracts candidates who have interests in economics and accounts. According to recent research, 84% of graduates are employed immediately after graduation, with an average salary of $77K. Anyone interested in increasing their earning potential and even taking on a leadership role in the finance industry would benefit from completing a master's degree in finance.

Do you know?

The US is the number one study-abroad destination in the world for international students, with the biggest numbers moving from China, India, Saudi Arabia and Canada for their studies.

[Know more: Masters in Finance in USA]

Eligibility for International Students to study in US

As an international student, you will usually only require the following documents for the Bachelor's in Finance:

  • A photocopy of your passport- A valid and approved passport issued from the central government and make sure to not submit your original documentation, especially abroad.
  • Transcripts from the last three years of high school- Proof of academic performance, and scores should be enough to take admission in any university abroad.
  • English Proficiency Exam- Exams like TOFLE and IELTS are some common English proficiency exams.
  • Copy of your High School Diploma- Academic scores should match the universities criteria
  • Proof of Adequate Funding for the Program's Duration- Proof in documentation that you satisfy the economic requirement to Study in USA

[Check out the “Study in USA after 12th Guide” before choosing your Bachelor's Degree]

What are the top 9 universities for Bachelor’s in Finance in the USA?

S.No. College Info Fees per annum Top Courses Exam Scores expected

1

Massachusetts Institute of Technology, Cambridge

Massachusetts, USA

₹48.33 Lakhs

B.Fin

SAT 1500, TOEFL 90

2

Princeton University, Princeton

New Jersey, USA

₹54.27 Lakhs

B.S Operations Research and Finance engineering

 

3

Columbia University, New York City

New York, USA

₹32.3 Lakhs

B.S Operations Research – Finance engineering

ACT 31, TOEFL 100

4

New York University, New York City

New York, USA

₹47.78 Lakhs

B.S / M.S Financial Engineering

SAT 1350, TOEFL 90, PTE 62

5

Duke University, Durham

North Carolina, USA

₹58.43 Lakhs

B.S Economics - Finance

SAT 1450, IELTS 7.0, PTE 70

6

University of Washington, Seattle

Washington, USA

₹32.6 Lakhs

B.A Finance

ACT 34, TOEFL, 92

7

Carnegie Mellon University, Pittsburgh

Pennsylvania, USA

₹54.27 Lakhs

B.A Finance

 

8

University of Illinois, Urbana

Illinois, USA

₹26.74 Lakhs

B.S Finance

Duolingo 105, IELTS 6.5

9

University of Texas, Austin

Texas, USA

₹41.36 Lakhs

B.B.A Finance

SAT 1355, IELTS 6.5, PTE 54

What is Eligibility for MS Finance in USA?

  • Candidates must hold a graduation degree from a recognized university in any field, preferably commerce or accounting, with at least 50% passing scores.
  • Submit GRE or GMAT scores and verification of English language competency via IELTS, TOEFL, or equivalent exam.
  • Every university has its own eligibility requirements, to know more talk to us a Global Tree and know your best options.

You can expect to learn more about economics, statistics, ethics, and data, among other things.

What are the 9 Top universities for Masters in Finance in USA?

A master in finance is an optimal choice if you have a good grip with numbers. You will definitely have to work with Math, so choose mindfully. Here is a list of USA top universities for MS in finance:

S.No. University Programs Offered Application Deadlines Tuition Fee INR

1

Massachusetts Institute of Technology (MIT)

Master of Finance

January 8, 2023

70.91 lakhs

2

Columbia University

MS in Financial Economics

January 24, 2023

54.71 lakhs

3

University of California Berkeley

Master of Finance

January 19, 2023

66.12 lakhs

4

University of California Los Angeles

MS in Financial Engineering

March 1, 2023

70.06 lakhs

5

University of Texas at Austin

MS in Finance

January 9, 2023

43.54 lakhs

6

University of Illinois Urbana Champaign

MS in Financial Engineering

January 22, 2023

52.58 lakhs

7

Georgia Institute of Technology

MS in Quantitative and Computational Finance

March 15, 2023

47.62 lakhs

8

University of Southern California

MS in Finance

February 1, 2023

63.21 lakhs

9

Boston University

MS in Financial Management

March 1, 2023

31.63 lakhs

[Read more: Scholarships in the USA]

1. Massachusetts Institute of Technology (MIT)

The Massachusetts Institute of Technology is a private university in Cambridge. Massachusetts Institute of Technology graduates are the second-best paid professionals in the United States. Fellowships or appointments as research or teaching assistants support graduate students at MIT. The stipend might be up to 4,000 USD each month, which is almost 3.04 lakhs for an Indian student.

2. Columbia University

Columbia University is a private research university recognized for its academics, placements, and high percentage of international students. Columbia University has an acceptance rate of about 6%, making it one of the most prestigious universities in the world. Columbia University's undergraduate financial aid is currently limited to need-based grants. The university promises that any demonstrated financial needs of first-year students will be met.

Also check Cost of living in the USA

The level of specialization offered varies; some Masters in Finance allow students to study a range of finance topics before choosing a specialization, while others are highly specialized right from the start of the course

3. University of California Berkeley

The institution of California Berkeley, also known as UC Berkeley, is a public research institution in California. UC Berkeley is the oldest of the 10 UC campuses, having been established in 1868.  For Indian students, living on campus can still be too expensive. Off-campus housing is preferred by most Indian students because as it is cost-effective. UC Berkeley is often regarded as the world's best public university. It is well known for its STEM offerings. Without a doubt, California's best attribute is its weather. Students enjoy a lovely climate all year. Students seeking a dynamic experience as part of their academic journey may find this university appealing.

[You may also like: All you need to know about Studying in America]

4. University of California Los Angeles

According to US News and World Report 2023, the University of California, Los Angeles is the best public university in the US. The university has an excellent track record of placing every graduate in jobs within six months of graduation. If you enjoy sports or athletics, you should know that UC Los Angeles conducts over 30 league competitions and events, as well as 50 club sports. It is, if you want to keep or start a sports career, it is best to do it with more efficient academics and bright zeal.

5. University of Texas at Austin.

The University of Texas at Austin initially opened in 1883 as a university open to the public. UT Austin, the primary UT university, is the only UT campus identified among the top 100 in the world. Austin is an appealing spot for the campus because it is home for several of the world's largest firms, including AMD, Dell, and eBay. UT Austin is welcomed 5,462 international students in 2021, with 18% of them being Indian. UT Austin is committed to diversity and community service.

Legendary investor Warren Buffett bought a 40-acre farm at age 14 with $1,200 in savings from delivering newspapers.

6. University of Illinois Urbana Champaign

The institution of Illinois, with campuses in Champaign and Urbana, is a public land-grant research facility. Admission to the University of Illinois in Urbana-Champaign is less competitive, with a 62.2% admission rate. Students at the University of Illinois at Urbana-Champaign can pick from a broad range of courses and programs. It serves over 150 undergraduate programs, as well as over 100 graduate and professional programs, through its 15 colleges and teaching departments.

7. Georgia Institute of Technology

The Georgia Institute of Technology (often known as Georgia Tech) is a public research and scientific institute in Atlanta, Georgia. The institution's engineering programs are particularly well-known. The campus now serves as the hub for professional and continuing education at the institute, as well as the regional offices of the Georgia Tech Enterprise Innovation Institute, the Savannah Advanced Technology Development Center, and the Georgia Logistics Innovation Center.

[You may also like: How to Stay in USA and get a work Visa?]

8. University of Southern California

The massive USC Village, a big residential and retail district situated adjacent to USC's University Park campus, provides campus accommodation. USC Village contains a large shop section on the ground floor and four floors of student accommodation above. Estimated yearly living expenses (for suite and residence hall double room types) vary from 14.04 to 16.09 lakhs INR for freshmen and 9.96 to 11.97 lakhs INR for upperclassmen, including two semesters of rent, default necessary full meal plans, and optional parking.

9. Boston University

Boston University, set up in 1839, is a private international educational institute in Boston, Massachusetts. The university is currently home to 36,739 students, including roughly 10,000 overseas students. The university is one of Boston's largest and the fourth-largest in the United States. The BU campus is divided into three regional campuses. Boston University's main campus features an Indian committee with the largest cultural organization, 250 active members, and 1,000 alumni. Doesn't it sound the dream? Undergraduate and graduate students at Boston University can choose between on-campus and off-campus housing. 70% of students live in college-owned, operated, or related housing, while 30% live off campus. All freshmen are guaranteed residence at Boston University.

On January 1, 1791, the U.S. national debt was $75 million. As of 2021, the official debt of the United States government was approximately $28 trillion.

Conclusion

Studying for a master's degree in finance is certainly challenging; however, as long as you are intrigued with numbers and prefer to study at the best universities, we hope we have helped you make an improved decision. For additional information on how to get into universities, contact Global Tree.

[Know Why: International Students are seen as valuable assets for the USA]

FAQs

Is master's in finance better than MBA?

Your choice between an MF and an MBA is based on your ambitions, financial condition, and skills. People who already engage in business and would like to advance to leadership roles might gain more from an MBA. People who would like to pursue a career in finance may want to consider pursuing an MF.

Is MS Finance a Stem Course?

Most international students study MS finance that are stem designated in the United States because the course provides valuable knowledge in fundamental disciplines. Most of these MS in finance in USA stem programs last between 16 months and 1-2 years, depending on the university.

Can I do MS in Finance in USA without work experience?

The general MS in Finance program does not call for work experience; yet applicants with some industry experiences (preferably 12-15 months) are encouraged to apply. GMAT or GRE scores must also be submitted by applicants. The recommended GMAT score for admission to any competitive university is 700, or a GRE score of at least 320.

Can I Study MS in Finance without a GRE?

Yes, you can. The following is a list of universities without a GRE score to be eligible for a Masters in finance course:

  • George Mason University
  • University of Cincinnati
  • University of Pittsburgh
  • Purdue University

Frequently Asked Questions

The common notion is that foreign universities are expensive, although with scholarships this is an exaggerated issue. What many fail to consider are time and effort. Studying in an Indian college leads to a lower average salary than earned by our western counterparts. This salary sets the tone for all future promotions since companies often look at your previous salaries during compensation appraisals. Additionally, most senior positions tend to be scooped up by individuals who have an international outlook through global exposure.  Finally, studying in a foreign country is an incredible learning experience helping students get a better academic as well as soft skill development.

Canada has been one of the market leaders in education for decades. However, what currently sets Maple Country apart is immigration. Canada is wholeheartedly inviting students to study in their universities to fill job vacancies that are always growing in the country. Students who study in Canada (especially a Master’s Degree) are practically assured of a Permanent Residency Visa.

A good score doesn’t automatically qualify a candidate for a scholarship, however, it is one of the primary factors that the admissions department looks for in a scholarship application. There are other attributes such as a candidate’s academics, extra-curricular, financial background, and application essays (SOPs).

We get this question a lot. Many candidates know which career path they want to take, but are at a loss for how to take that journey. Understanding the job role and the industry that you want to get into is the first step to picking the right university.

Carefully consider the immigration options of the country that the university that you are considering is in. This is more important when you intend to stay back in the country after the completion of your course.

Also, review the placement history of the university as well.

The first step is to list your preferences. By listing your preferences and strengths, describe your course of preference. Extensive research on the modules, software and its length for your preferred subject is necessary.

 




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