Upon completing a bachelor's in finance, some students choose to look into various postsecondary finance programs. Curriculum at this level hones in on specific financial theories, problems, and practices that are only briefly covered in more general business degree programs. In a master's program, students will learn how assets in the public, corporate, and personal finance realms are affected by various factors, such as investment decisions, business practices, fluctuations in the economy, and more. Students at this level are expected to have a strong foundation in fundamental financial topics so they can begin to explore more advanced subjects in their graduate courses.
Why a Master’s Degree?
While a bachelor’s degree in finance is enough to qualify individuals for an array of entry-level and mid-level positions, a master’s degree helps them greatly improve their overall marketability in the job market. In fact, the U.S. Bureau of Labor Statistics (BLS) reports that many employers in this field prefer and sometimes even require their employees to have a master’s degree. In addition to providing job security, a master’s degree in finance and investment can also boost one’s yearly earnings.
Inside a Finance Master’s Degree Program
Online degree programs at this level typically take between two and three years to complete. Students in these programs will learn about the nature of today’s changing markets, as well as the ins and outs of portfolio management. From corporate finance operations to international transactions, the key concepts of finance are thoroughly explored.
Students enrolled in online programs enjoy the same quality education as their peers who pursue a more traditional education; the key difference being they are learning when and where it’s convenient for them. Most programs offer interactive, virtual forums that keep students connected to their professors and classmates. Whether you’re interested in pursuing a career in personal financial planning or something along the lines of corporate risk management, an online master’s in finance is useful for an array of professional goals.
What’s Next for Finance Master’s Degree Holders?
People who hold a master’s in finance have no shortage of employment options. Most positions recommended to finance graduates, for instance this list compiled by the Bureau of Labor Statistics, indicate that nearly every profession in the finance sector offers a median salary well over $45,000 a year.
For those wanting to take their education to the next level, a post-master’s certificate isn’t currently an option, however doctorates are available. So, depending on your long-term career goals, the doctorate might be something to consider, especially if you aspire to work in post-secondary teaching.