Upon completing a bachelor’s degree in finance, some students choose to look into various masters in finance degree 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 degree 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 masters degree in finance and investment can also boost one’s yearly earnings.

Getting Into a Master’s Degree Program

Specific requirements for a master’s degree program vary from institution to institution, but most usually require the following:

  • Completed application
  • Current resume
  • Transcripts from all schools attended
  • Competitive GMAT scores

Inside a Finance Master’s Degree Program

Online degree programs at this level typically take anywhere from two to 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, no subject is ignored.

Students enrolled in online degree programs enjoy the same quality education as their peers who pursue the more traditional route; the only difference is 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 want to tackle something more along the lines of corporate risk management, an online master’s degree 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 degree in finance have no shortage of viable employment options. Most positions, like these mentioned by the BLS, indicate that the majority of financial employees earn 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 but doctorate degrees are available. So, depending on your long-term career goals, a doctorate degree might be something to consider, especially if you desire to work in post-secondary teaching.