A financial analysis master’s degree attracts many people because of its high salaries and career advancement opportunities. One of the best ways to start your finance career is by earning one of the best financial analysis master’s degrees. You will learn financial analytics, valuation techniques, and computer science for finance.
You should consider a Master’s Degree in Financial Analysis to improve your career advancement opportunities. Hiring managers prefer job seekers with graduate degrees, especially for senior or managerial positions. Below are some of the best Master’s Degrees in Financial Analysis, possible career outcomes, and salary expectations.
What Is Financial Analysis?
Financial analysis is the process of analyzing a company’s financial documents for actionable insights to help the company make informed decisions. Financial analysts use data from income statements, profit and loss statements, balance sheets, cash flow statements, and financial ratios to find these insights.
While these sources of data might vary, the ultimate aim of financial analysis is to evaluate the financial health of a company. The financial analysis also helps stakeholders determine the performance of a company and how well it is progressing towards organizational objectives.
Where Can I Get a Master’s Degree in Financial Analysis?
The best colleges where you can get a Master’s Degree in Financial Analysis are Rutgers University, University of Tampa, University of San Diego, Southern New Hampshire University, and University of Maryland Global Campus. If considering where to get a financial analysis master’s degree, choose a school that has current curricula, offerslow costs, and suits your long-term goals.
What Schools Offer the Best Financial Analysis Master’s Degrees?
- Rutgers University
- University of Tampa
- University of San Diego
- Southern New Hampshire University
- University of Maryland Global Campus
What Are the Admission Requirements for a Master’s Degree in Fiancial Analysis?
The admission requirements for a Master’s Degree in Financial Analysis include a bachelor’s degree with a high GPA. The application also needs to include a personal statement and official transcripts. However, universities and educational institutions have varied requirements for Master’s Degree in Financial Analysis students to be considered for admission.
Financial Analysis Master’s Degree Admission Requirements
- Bachelor’s degree from an accredited institution
- Minimum of 3.0 GPA
- Personal statement
- Official transcripts
- Resume
- Letters of reference
How to Get a Master’s Degree in Financial Analysis
You can get a financial analysis master’s degree by completing all of the graduation requirements. This involves completing the minimum number of credits and completing all of your coursework and final examinations. It’s important to maintain a GPA above 3.0 to not be put on probation.
The best way to get a financial analysis master’s degree is by successful completing your thesis project. As long as you stay committed and focused on your studies, you’ll be able to meet these requirements easily.
How Many Credits Do You Need for a Master’s Degree in Financial Analysis?
You need 30 to 45 credits for a Master’s Degree in Financial Analysis. These credits are often divided by core courses, general education courses, electives, and your thesis. Students can usually finish their studies in one year, although the format and type of program may cause the program length to differ.
Financial Analysis Master’s Degree Requirements
- Complete a minimum of 30 to 45 credits
- Complete your thesis
- Complete all of your coursework
- Complete all of your examinations
- Maintain a GPA above 3.0
Best Financial Analysis Master’s Degree Programs and Schools: Overview
School | Program | Accreditation |
---|---|---|
Boston University Metropolitan College | Master of Science in Financial Management | The New England Commission of Higher Education |
Rutgers University | Master of Financial Analysis | The Middle States Commission on Higher Education |
Temple University | Master of Science in Financial Analysis | The Middle States Commission on Higher Education |
University of Illinois | Master of Science in Finance | The Higher Learning Commission |
University of Michigan | Master of Science in Finance | The Higher Learning Commission |
University of New Orleans | Master of Science in Finance | The Southern Association of Colleges and Schools Commission on Colleges |
University of San Diego | Master of Science in Finance | WASC Senior College and University Commission |
University of San Francisco | Master of Science in Financial Analysis | WASC Senior College and University Commission |
University of Southern California | Master of Science in Finance | WASC Senior College and University Commission |
University of Tampa | Master of Science in Finance | The Commission on Colleges of the Southern Association of Colleges and Schools |
Best Schools for Financial Analysis: Top Financial Analysis Master’s Degree Programs
The best schools for financial analysis master’s degrees are hands-on, immersive, and personal. You should consider an in-person master’s program if you have a considerable amount of time and live near campus. Here are colleges offering financial analysis master’s degree programs in person.
Best Online Financial Analysis Master’s Degree Programs and Schools: Overview
School | Program | Accreditation |
---|---|---|
Auburn University | Master of Science in Finance | The Southern Association of Colleges and Schools Commission on Colleges |
Indiana University | Master of Science in Finance | The Higher Learning Commission |
Kaplan University | Master of Science in Financial Analysis | The Higher Learning Commission |
Santa Clara University | Master of Science in Finance and Analytics | WASC Senior College and University Commission |
Southern New Hampshire University | Master of Science in Finance | The New England Commission of Higher Education |
University of Baltimore | Master of Science in Business Finance | The Middle States Commission on Higher Education |
University of Colorado Denver | Master of Science in Finance and Risk Management | The Higher Learning Commission |
University of Maryland Global Campus | Master of Science in Accounting and Financial Management | The Middle States Commission on Higher Education |
University of Missouri | Master of Science in Finance | The Higher Learning Commission |
University of Nebraska Lincoln | Master of Science in Finance | The Higher Learning Commission |
Best Colleges for Financial Analysis: Top Online Financial Analysis Master’s Degree Programs
Online degrees are ideal for students who wish to study part-time or who have busy schedules. Online degree programs cover the same subjects as on-campus programs, but with more flexibility. Here are some of the best colleges for online financial analysis master’s degrees.
What Is a Financial Analysis Master’s Degree?
A Master’s Degree in Financial Analysis is a one to two-year program designed to train students on financial theory and related concepts. These build technical skills that will help them connect with senior leaders and industry experts. This program helps them prepare for roles in corporate finance, capital markets, and global banking.
A financial analysis master’s degree covers topics such as asset valuation, behavioral finance, global markets, financial modeling, risk measurement, and investment management. Most financial analysis programs are designed to help students make significant strides towards achieving a Chartered Financial Analyst (CFA) certification.
How Important Is a Master’s Degree in Financial Analysis?
It is very important to have a Master’s Degree in Financial Analysis because it will teach you all of the necessary skills required to help determine and manage of company’s profit. Important life skills such as communication, problem-solving, and management are taught in this degree program.
The main reason why a financial analysis master’s degree is important is because it prepares students to take their financial exams, which are often required to get into the highest-paying financing positions.
What Types of Master’s Degree Can You Get in Financial Analysis?
The types of Master’s Degrees in Financial Analysis you can get include a Master of Science and a Master of Business Administration. Financial analysis master’s degree types are catered towards the specific fields or career path you want. Students who prefer a research position might consider the Master of Science.
Is It Better to Get a Master of Science or Master of Business Administration in Financial Analysis?
It is better to get a Master of Science (MS) in Financial Analysis over a Master of Business Administration (MBA) because there are far more job opportunities. An MBA is for people who really want to focus on business and managerial positions, while an MS prepares you for careers in a multitude of fields.
The difference between a Master of Science and a Master of Business Administration is that the latter teaches a more focused curriculum, while the former covers a broader range of subjects with the opportunity for specialization.
What Is the Difference Between a Financial Analysis Master’s Degree and a Financial Analysis Certificate?
The main difference between a financial analysis master’s degree and a Certificate in Financial Analysis is the length and specificity of the programs. A certificate is a short hands-on program that uses real business numbers and data to teach its students. It directly prepares them to enter the workforce.
You should get a financial analysis master’s degree instead of a certificate because they’re often recognized more highly by potential employers. Although a certificate teaches you all the basics, a master’s degree earns you a higher earning potential as you have proved your expertise in financial analysis.
How Much Does It Cost to Get a Master’s Degree in Financial Analysis?
A financial analysis master’s degree costs approximately $18,416 per year, as reported by the National Center for Educational Statistics (NCES). Master’s Degree in Financial Analysis cost varies between institutions. Tuition is usually higher for out-of-state and international students.
You can pay for your master’s degree by securing a graduate school scholarship, Free Application for Federal Student Aid (FAFSA), grants, or private and public student loans. If you are currently employed, some organizations cover tuition fees for employees.
How Long Does It Take to Get a Financial Analysis Master’s Degree?
On average, it takes one year to get a Master’s Degree in Financial Analysis. A Master’s Degree in Financial Analysis length depends on the required number of credits, which is between 30 and 45 for the most part. If a student completes 15 credits per semester, they can complete their master’s degree in two to three semesters.
How Hard Is It to Get a Master’s Degree in Financial Analysis?
It is fairly easy to get a Master’s Degree in Financial Analysis. The degree is much shorter than a bachelor’s degree, so fewer credits are required. This degree does require a lot of calculus and statistics, so students must be good with numbers and math.
A financial analysis master’s degree can be hard because it requires much more research, focus, and hands-on work than an undergraduate degree. Completing all of your coursework and maintaining a 2.0 GPA can be difficult if accounting and economics are not subjects that come easily to you.
Why Should You Get a Financial Analysis Master’s Degree?
The benefits of getting a Master’s Degree in Financial Analysis include preparing yourself for your financial examinations, increasing your earning potential, learning the skills required for a career switch, and simply learning more about your field. The reason for getting a second financial analysis master’s degree is to specialize in more than one subject.
What Courses Do You Need to Take in a Master’s Degree Program in Financial Analysis?
The required courses for a financial analysis master’s degree include classes on business models, statistics, and data research. A Master’s Degree in Financial Analysis course list varies depending on the school, but the list below covers core courses you’re likely to encounter during your degree.
Capital Structure Theory
Students in this class learn about company debt, shareholders, and the balance and liabilities of these subjects. They learn how to make strategic decisions regarding a company’s financials and investments.
Database Management
This course is the study of various data systems and business intelligence. Students develop skills in creating diagrams, designing databases, using programming tools, and safety business reports.
Econometrics
This is an extremely math-heavy course where students apply statistics and economic theory to determine the patterns and models of economics. Students learn regression, government policies, and statistical interference.
Financial Management
This is often one of the foundational courses students are required to take. The class covers the basics of accounting, money management, and finance. Students will learn about the latest systems, concepts, and tools used in the industry.
Portfolio Management
This class teaches students how to manage a stock portfolio, such as monitoring performance, generating investment ideas, and identifying stock ideas. Students are often required to work in teams to work on collaboration and presentation skills.
Continuing Education Paths for Financial Analysis Master’s Degree Graduates
The best path to take once you have graduated with your Master’s Degree in Financial Analysis is to apply for a PhD program. A doctorate is the top level of academic degree a student can receive and it makes them qualified for the top positions in the field. If you do not feel like returning to school full-time, a financial analysis bootcamp is sufficient to boost your skills.
Related Financial Analysis Degrees
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What to Look For in the Best Financial Analysis Master’s Degree Programs
The best financial analysis master’s degree programs come from accredited institutions. Low costs, a current curriculum, a good reputation, and a multitude of concentration options are all things you can expect from the best Master’s Degrees in Financial Analysis.
Accreditation
Receiving your master’s degree from an unaccredited institution is usually a waste of time. Not only is it going to completely minimize your chances of getting hired after graduation, it likely will not provide the necessary skills and knowledge you need to thrive in the field. It is vital to ensure your program is accredited.
Cost
Attending a school within your budget is very important. A Master’s Degree in Financial Analysis can be quite demanding, so you do not want to be concerned about money while studying. Find a school that has cheaper tuition and offers plenty of financial aid options.
Current Curriculum
As this program requires a lot of math, you want to ensure that the information you’re learning is current and in demand. Your program should be teaching all of the essentials while staying up to date with the field’s advancements.
Reputation of the Program
It is an immediate red flag if your school and program do not have good reputations. Contact alumni and current students to get a first-hand account of their experiences of what the program is like.
Specializations/Concentrations
Financial analysis is a broad field. You want a program that offers a variety of concentration options so you can make an informed decision about your future career path. Start thinking about the career you want and see if your preferred program offers the skills needed.
What Is the Most Affordable Financial Analysis Master’s Degree?
The most affordable Master’s Degree in Financial Analysis is the Master of Science in Financial Analysis offered by Kaplan University. The total cost of the program is $17,460, at $485 per credit for 36 credits. However, there might be more affordable programs in your area that we did not include on this list.
Salary and Job Outlook for Financial Analysis Master’s Degree Graduates
A Master’s Degree in Financial Analysis prepares you for the best financial analysis master’s degree jobs. In the sections to follow, we cover Master’s Degree in Financial Analysis salaries, positions, and responsibilities.
How Hard Is It to Get a Job With a Financial Analysis Master’s Degree?
It is easy to get a job with a financial analysis master’s degree. This degree is highly attractive to employers because it shows you have expert knowledge in the field. The Bureau of Labor Statistics projects a six percent job growth for financial analysts between 2020 and 2030, with an opening of about 41,000 jobs per year.
What’s the Average Financial Analysis Master’s Degree Salary?
According to PayScale, the average salary for professionals with a financial analysis master’s degree is approximately $79,000 per year. The typical annual salary for someone with a Master’s Degree in Financial Analysis may vary depending on job title, location, and years of experience.
What Types of Jobs Can You Get With a Financial Analysis Master’s Degree?
The jobs you can get with a financial analysis master’s degree are financial analyst, senior investment manager, corporate investment banker, and credit analyst. These are all positions that require working with the government or in a big corporate company. The highest-paying financial analysis master’s degree job is Senior Vice President of Sales.
Financial Analysis Degree Jobs
- Senior Vice President of Sales
- Financial analyst
- Senior investment manager
- Corporate investment banker
- Credit analyst
Potential Careers With a Financial Analysis Master’s Degree
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How Much Money Can You Make With a Master’s Degree in Financial Analysis?
You can make between $50,000 and $180,000 with a Master’s Degree in Financial Analysis. The average amount of money that graduates make after college depends on many factors, such as position and experience. Regardless, a master’s degree is sure to earn you more money than an undergraduate degree.
Highest-Paying Financial Analysis Master’s Degree Jobs and Salaries: Overview
Financial Analysis Master’s Degree Jobs | Average Salary |
---|---|
Senior Vice President of Sales | $181,206 |
Chief Financial Officer | $139,947 |
Senior Investment Manager | $135,000 |
Financial Planning and Analytics Manager | $102,913 |
Corporate Investment Banker | $100,876 |
Portfolio Manager | $90,101 |
Senior Internal Auditor | $81,709 |
Financial Analyst | $81,410 |
Trading Risk Analyst | $66,912 |
Credit Analyst | $53,993 |
Best Jobs for Financial Analysis Master’s Degree Grads
The best jobs for financial analysis master’s degree grads are high-paying and allow you to use all of your skills. Find below a list of some of the best financial analysis master’s degree jobs, their responsibilities, and their salaries.
Best Jobs According to Your Major
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Financial Analysis Bootcamp vs Financial Analysis Master’s Degree: Which Is Better?
A Master’s Degree in Financial Analysis is better than a financial analysis bootcamp because you get a more well-rounded education. Bootcamps offer financial analysis, financial technology, and financial modeling courses that take three to six months to complete. Here are benefits you should consider when choosing between bootcamps and master’s degree programs.
Benefits of a Financial Analysis Master’s Degree
- You gain advanced skills and knowledge. A Master’s Degree in Financial Analysis equips students with advanced in-demand skills to solve complex problems in the finance industry.
- It prepares you for leadership roles. Part of the coursework is to train students on leadership skills to allow them to pursue managerial careers in finance.
- It is great for career advancement. Master’s degree courses in financial analysis are designed to give students the tools to pursue a wide variety of careers in corporate finance.
- Takes a short time to complete. Most graduate programs in financial analysis take about one to two years to complete.
- It’s easier to earn certifications. The coursework in a Master’s Degree in Financial Analysis features key concepts that are tested in various professional certifications.
Benefits of a Financial Analysis Bootcamp
- Cheaper than most master’s degrees. Bootcamps offering financial analysis programs are relatively cheaper than most master’s degree programs.
- Takes a very short time to complete. These programs take about three to seven months to complete.
- Students gain technical skills fast. You will gain technical skills in a short period compared to a master’s degree which requires years of academic work.
- Prepares you for entry-level positions. Bootcamps equip students with in-demand skills that enable them to work in entry-level positions.
- Bootcamps feature career services as part of the coursework. With bootcamps, you’ll get a variety of career services, including resume building, job placement, and interview practice.
Is a Master’s Degree in Financial Analysis Worth It?
Yes, a Master’s Degree in Financial Analysis is worth it, especially if you’re interested in leadership or management roles. Earning a graduate degree gives you a competitive edge as a job seeker in the employment industry. So, if you find math, accounting, and finance interesting, you should pursue this degree.
Additional Reading About Financial Analysis
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Financial Analysis Master’s Degree FAQ
You should get a Master’s Degree in Business Administration, Finance, or Economics with a concentration in financial analysis to become a financial analyst. Courses in mathematics, statistics, accounting, and economics are all helpful in the pursuit of this career.
With a Master’s Degree in Financial Analysis, you are eligible to apply for leadership positions in financial analysis or a related industry. You can become a senior treasury analyst, portfolio manager, hedge fund manager, or senior financial analyst. These professionals work in accounting, financial services, healthcare, telecommunications, and consumer goods.
No, for the most part, you cannot enroll in a Master’s Degree in Finance without work experience. Many of the top universities and colleges offering master’s degrees in financial analysis require prospective students to have at least two years of working experience. For this reason, you should consult with universities beforehand to determine if work experience is required.
Yes, most Master’s Degrees in Finance require GMAT scores. A graduate management admission test (GMAT) is a standardized test issued to prospective business school students before admission to MBA programs. Most universities and schools issue this test, however, it would be best to consult with your university of interest beforehand.
About us: Career Karma is a platform designed to help job seekers find, research, and connect with job training programs to advance their careers. Learn about the CK publication.