Master of Finance jobs are eagerly pursued by graduates because they are well-paying, career building jobs. The Master of Finance degree provides advanced training in business, management skills and mathematical science. This Masters program will help students step into many well paying careers. They could work in commercial banking, in government or even in the insurance industry. A Master in Finance diploma also gives students a background that prepares them for a real estate career. In other words, this degree offers tremendous flexibility.
Popular Master of Finance Jobs
A Master of Finance degree allows students to pursue a wide variety of Master of Finance jobs including careers as financial analysts; securities, commodities and financial services sales agents; financial managers; personal financial advisors; and financial examiners.
One of the most popular Master of Finance jobs is that of a financial analyst. Financial analysts may work with banks, insurance companies and the government. They help clients choose the right investments by watching stocks, bonds and other investments for growth or problems. Analysts carefully observe trends and evaluate data including world events or new government regulations. These types of jobs are usually with banks, pension funds, mutual funds, securities firms, insurance companies or other businesses. Financial analysts are also known as fund managers, risk analysts, portfolio managers and ratings analysts. Financial analysts make an average of $74,000 per year.
Resource: Glassdoor Listing of Financial Analyst Salaries
Securities, commodities and financial services sales agents bring sellers and buyers together. They help companies find investors and also conduct trades for individuals. These are the brokers and investment bankers who buy and sell bonds. They work in the commodities markets selling gold, corn and oil. Like analysts, they watch trends in the markets carefully. These are the people we see conducting trade on the floors of the markets. Many of them now also focus on electronic trade. The median salary for a securities, commodities and financial services sales agent is $70,000.
Resource: US News Financial Analyst Salary Information
When people think of Master of Finance jobs, they commonly think of a financial manager. Financial managers analyze data and advise lower level managers on the best ways to make profits for their companies. Financial managers develop strategies and direct investments. They are the ones responsible for financial reports and the financial well-being of a company. This category of job includes controllers, treasurers, finance officers and credit managers.
Personal Financial Advisors help clients reach financial goals. College fund preparation or retirement planning are two popular parts of their services. Personal advisors also guide clients on investments and taxes. Some advisors may specialize in certain areas like risk management. Wealthy clients use personal financial advisors known as private bankers or wealth managers. These advisors manage large amounts of money and invest differently than advisors working with middle class families. Personal financial advisors’ median salaries are $65,000, making this profession one of the most popular Master of Finance jobs.
Financial examiners monitor lending activity. They make sure borrowers are treated fairly by making sure banks comply with the laws. These experts will audit balance sheets and evaluate loan risks. They also monitor bank management by examining minutes of meetings and preparing reports on the soundness of banks. Financial examiners are the people who try to protect the public from predatory loans. The average salary for a financial examiner is $75,000 per year.
Schools That Equip Students for Master of Finance jobs
When prospective students are ranking business schools, they have many accredited schools to choose from, both traditional brick and mortar institutions and the top online Masters of Finance degree programs. Three of these schools offer programs that are consistently rated among the best Master of Finance degrees in America. Wharton School of Business at the University of Pennsylvania prepares students for a global economy by offering a Masters in Finance which emphasizes international travel and study. In addition to full time traditional courses, Booth School of Business at the University of Chicago offers a weekend MBA. Stern School of Business at New York University offers a dual three year MBA and Masters in Finance degree. One of the best online Master of Finance degree programs is offered by Northeastern University in Illinois.
A Master of Finance degree will give most graduates the opportunity to reach, and often quickly exceed, career and salary goals. This is why Master of Finance jobs are pursued by graduates.
