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Quick Facts: Finance Industry

Median Pay:   $79,922 per year | $38 per hour
Entry-Level Education:   Bachelor's degree

Finance Occupations:

  • Financial managers$115,320
  • Financial examiners$76,310
  • Loan officers$62,620
  • Financial specialists, all other$65,440

Online Master of Finance Degrees

The world of finance is one that is constantly changing and evolving, and the field as a whole can be intensely competitive. In order to secure your current position, earn a promotion, increase your earning potential or even earn the respect of your colleagues, you may need to consider an advanced degree.

Since a bachelor's degree is considered to be the bare minimum for a financial career, many individuals decide to pursue a more advanced degree like the master's in finance in order to get ahead.

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Thanks to the rise in popularity of online degrees, even the busiest professionals can fit a master's degree into their schedule. Read on to learn more about what to expect when earning a master's degree in finance, what kinds of careers are available for graduates, what the prerequisites are for a master's degree in finance and the many benefits of an online education.

What to Expect When Earning a Master's Degree in Finance

Most students who pursue a master's degree in finance will take roughly two years to complete the program. Although the curriculum will differ depending on the school offering it, the most common subjects studied are futures and options, accounting, corporate finance, supply chain management, portfolios, mergers and acquisitions and financial reporting. Unlike in an undergraduate degree, students will not need to take additional general education course, so all classes will be directly related to finance.

Choosing Between the MBA and the MF

Many students have a hard time choosing between the Master of Finance and the Master of Business Administration in Finance. Both have similarities and revolve around the world of finance, but there are also some distinct differences. A Master of Finance does not include any management courses, but a MBA in finance will include several along with general courses in a number of different subjects like accounting and information systems.

If you are interested in a management position with a big firm, then an MBA in finance might be best. However, if it is strictly finance that interests you, the Master of Finance is ideal.

Exploring the Finance Careers Available for Graduates

Graduating with a master's degree in finance will open a number of different doors to career opportunities in multiple industries. Some graduates will work in large retail, health care or construction corporations as financial advisers, portfolio managers or controllers.

However, there are also a number of students who will decide to work in financial or banking companies as financial analysts, managers or credit managers. Either option will provide employees in the field with impressive salaries easily surpassing $100,000 annually in most cities.

Prerequisites for a Master's Degree in Finance

In order to be an eligible applicant for a master's degree in finance, students will need to have a bachelor's degree in a related field and a required grade point average. Some MBA finance degree programs will also recommend that applicants have some work experience, GRE or GMAT scores that meet the school's minimum requirements and written references from past or present employers or teachers.

The Many Benefits of an Online Education

Online degrees of every kind are increasing in popularity, but master's degrees in finance are particularly ideal for busy professionals. Rather than missing work to attend class or spending valuable time commuting to campus, students who are earning their degrees online can save time by studying and even taking exams from home. Anyone can fit online education into their schedule thanks to the flexibility and convenience of these degree programs.

To earn an online Master of Finance degree and get ahead in your career, visit the website of an accredited online college to learn more.

Discover the advantages of online learning. You can earn the degree you want and continue to maintain your current professional responsibilities. Today's online education is designed to give you the flexibility and convenience necessary to keep your life going while advancing your education and career opportunities.

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Online Master’s Degrees

Online Master’s Degrees

Usually consisting of one to three years of post-baccalaureate study, a Master's Degree is conferred after an individual has attained a certain academic fluency in a particular discipline. Primarily due to the availability of online programs, the range of obtainable disciplines has expanded so that most bachelor programs have a corresponding masters certification. With today’s online education opportunities, you can earn online Masters Degrees in interesting areas such as computer science, education, or health care management.

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