What Can You Do With a Masters in Financial Analytics?

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Masters in Financial Analytics-04 (1)

The Master of Financial Analytics is a comprehensive postgraduate program that equips you with critical financial knowledge and skills. You gain a broader understanding of finance as in this degree but only a limited comprehension of basic management issues. If you have an interest in finance and analytics, this course is a good choice. This blog helps you by providing all the information regarding this course in one place.

Why Study Masters in Financial Analytics?

  • A Financial Analytics degree equips you with statistical and programming abilities, enabling you to work in today’s technology-intensive finance businesses.
  • You learn today’s most relevant tools, as well as techniques used by the world’s largest financial institutions, such as JP Morgan, Goldman Sachs, and Bank of America.
  • It helps you to make financially strategic decisions using programming languages like SAS, R, SQL and Python, in addition to mastering corporate finance.
  • Give students the skills to think critically and make decisions that add value based on complex and large amounts of data.
  • Develop the fundamental knowledge and technical abilities of students in the areas of financial statement analysis, quantitative modelling, and applied finance.

Syllabus for Masters in Financial Analytics

The curriculum of this course does not require any prior knowledge of Finance or Business Analytics. The syllabus includes:

Quantitative Methods Data Analysis for Decision Making
R Programming Concepts Data Visualization
Predictive Modeling Big Data Analytics
Managerial Finance Portfolio Management

Eligibility

  • A four-year bachelor’s degree in with a minimum of B+ grade (77%) or equivalent in the previous four semesters or two undergraduate years (last ten full credits) is recommended.
  • The min. grade requirements will vary by the university. Some universities may also provide relaxation based on your overall profile.
  • Universities may also specify preferences for certain degrees, which may include Management, Engineering, Finance etc.
  • Candidates will also be required to furnish their English Language Proficiency scores of IELTS, TOEFL, PTE etc.
  • Depending on the university, GRE/ GMAT scores may also be required.

Documents Required

Application Process

The application process will largely vary by university and country. However, some important factors to keep in mind while applying are:

  • Experience is highly recommended in Financial Field
  • Submit academic transcripts for courses
  • Maintain professional résumé and CV
  • Crack the interviews with the required skills
  • Meet the criteria of GMAT/GRE scores

Want to take admitted to your dream university? Get personalized admissions advice from our experts. Book a 30-minute free consultation today.

Fee Structure

The fees vary from country to country and between different Universities as well. The general fee per semester is in the range of INR 20-40 Lakh.

Top Universities Abroad

Here are the top universities abroad offering Masters courses in Finance.

QS Ranking Name of University Location
#1 Said Business School, University of Oxford Oxford, UK
#2 London Business School London, UK
#3 MIT (Sloan) Cambridge, USA
#4 HEC Paris Paris, France
#5 Judge Business School Cambridge, UK
Source: QS World University Rankings: Business Masters Rankings 2021

Top Universities India

NIRF Ranking Name of University Location
#1 NMIMS Hyderabad
#2 Chhatrapati Shahu Ji Maharaj University Kanpur
#3 Pondicherry University Puducherry
#4 BML Munjal University Gurgaon
#5 Lal Bahadur Shastri Institute of Management Delhi
Source: NIRF

Masters in Financial Analytics without GMAT

MBA candidates are expected to have a basic understanding of mathematics, statistics, and spreadsheets; business analysis majors who excel at Maths, Statistics, Modeling, or Information Systems are the best candidates. It is not necessary to have a GRE or GMAT score.

Career Opportunities

Graduates of the Master of Science (MSc) in Financial Analytics degree may find employment in a variety of fields, including:

  • Accountants – Financial or Managerial
  • Financial Analyst
  • Corporate Finance
  • Treasury Operations/Analyst
  • Portfolio Manager
  • Business Analyst
  • Business Intelligence
  • Consultant
  • Private Equity Analyst (VC)
  • Entrepreneur and/or Innovator

Job Roles and salary

Designation Average Annual Salary
Financial Analyst USD 60,150 (INR 45,36,516)
Securities, Commodities, and Financial Services Sales Agent USD 64,100 (INR 48,34,223)
Financial Manager USD 72,500 (INR 54,69,030)
Financial Advisor USD 58,500 (INR 44,13,289)
Actuary USD 88,600 (INR 65,90,856)
Accountant USD 50,900 (INR 38,39,972)
Chief Financial Officer (CFO) USD 132,200 ( INR 99,73,366)

Future Scope of Masters in Financial Analytics

A Finance job can be found anywhere in the world, however, certain locations have more job prospects than others. As a result, it’s usually best if you get your finance degree in the same country where you aim to start your job.

Students can graduate from the institute with significant skills and a highly challenging degree if they have a thorough understanding of business and finance. Creative accounting, current portfolio management, investment analysis, commodities derivatives, corporate restructuring, merger acquisition, and others are some of the common talents they would study in both practical and theoretical terms.

With these abilities in mind, students may easily pass interviews for any tough finance-related profession anywhere in the world. They can even create their own firm in the relevant industry if that is not an option.

Top Countries to Pursue a Master’s in Financial Analytics

The average salary earned by a Financial Analyst varies by country. Given below are the salary details for some countries.

Country Average Annual Salary
USA USD 62,459 (INR 46.46 Lakhs)
UK GBP 33,995 (INR 34.14 Lakhs)
Spain EUR 33,094 (INR 27.93 Lakhs)
Switzerland CHF 85,249 (INR 67.37 Lakhs)
Sweden SEK 414,372 (INR 34.03 Lakhs)
Australia AUD 76,543 (INR 41.15 Lakhs)
Singapore SGD 54,972 (INR 30.29 Lakhs)

FAQs

Q1. In the admissions process, what is the first step?

Ans. For an early assessment of your candidacy, fill out a preliminary information form. This will allow the university to provide you with more accurate information about your eligibility for the programme before urging you to apply.

Q2. Is it necessary for me to take the GMAT or the GRE?

Ans. No, the MS in Business Analytics programme does not require GMAT or GRE results.

Q3. Will there be any informative sessions?

Ans. Throughout the year, the Admissions Team hosts virtual information sessions. To see a list of forthcoming information sessions, go to the events page of various universities. Please fill out a preliminary information form for an initial assessment on university websites.

Q4. Who should I ask to write recommendation letters for me?

Ans. Professional letters of recommendation (to be submitted online via the application portal) should be written by two people, one of whom should be a current supervisor. If you’re self-employed, a current or recent client could complete the recommendation.

Q5. What will I be learning about?

Ans. The MFA is built on core courses in investment basics, asset management, corporate finance, accounting, financial markets, data analytics, and the world economy, with electives ranging from financial engineering to emerging markets.

If you want to apply to top universities for Masters in Financial Analytics Courses, take the help of Leverage Edu. You can get admits from top colleges to start a high flying career in the financial industry. After you study from a top University, the chances of a job in coveted fields like equity research, investment banking, private equity, etc. is much higher.

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