Science Universities in USA

Invariably interlinked, the areas of banking and finance are rapidly turning out to be the wheels of the modern globalised world with applications in traditional areas of engineering, life sciences and law to relatively nascent fields like sustainability, migration and behavioural sciences, etc. The Banking and Finance sector has always been one of the major players in the growth of the national economy. Along with securing the financial assets of the public, the sector is also involved in assuring the best approach to investments as well as monitoring the financial activities of government agencies. Due to the sudden boom in the Banking and Finance sector, all the major financial firms and banks are encouraging professionals and experts in the field to join them and master their own skills. Therefore, students and individuals are looking for courses to acquire the basics of Banking and Finance as well as build their expertise and knowledge about how those firms operate and utilise their skills in the best possible manner.

Highlights

Why Study Finance and Banking at Universities in the USA?

The USA has the biggest economy in the world. The major global business corporation has a presence in the USA. USA is the first choice among international students to pursue finance and business programs because USA is the home of world's best academic institutions with modern infrastructure, it offers cutting-edge modern education, and guidance in professional networking and socialising opportunities to the students. Apart from the best quality education USA universities provide full support to the students in the internship and recruitment process.

Top Finance and Banking Universities in the USA with World Rankings

To help students for the right universities for banking and finance courses in the USA, here is the list of the top USA universities which offer UG and PG courses as per QS world university rankings 2022.

Top 10 Undergraduate Finance and Banking  Universities in the USA

Here is the list of the top universities in the USA that offer a bachelor degree in banking and finance.

Top 10 Postgraduate Finance and Banking Universities in the USA

Here is the list of the top universities in the USA that offer a master degree in banking and finance.

Top Finance and Banking Courses in the USA with Average Salary

The top finance and banking courses with national average salary are mentioned below.

Admission Requirements for  Universities in the USA

In order to study a full-time undergraduate program in finance and banking, a student has to fulfil the below-given eligibility criteria: 

• Students must have passed their 10+2 examination or equivalent with 60-80% and from a recognized board of examination. Commerce stream students get preference over others.
• ACT/ SAT Exam score is required to pursue this course. 
• IELTS / TOEFL / PTE Exam score is mandatory to study in most anglophone countries. 
• Letter of Recommendation
• Statement of Purpose

In order to study a postgraduate program in finance and banking, an applicant has to fulfil the below-given eligibility criteria: 

1. A bachelor’s degree in commerce/ finance or business program from a recognised institute or university.
2. It is advised that students must have at least a GPA of 3.0/4.0 in the UG courses.
3. 1+ years of experience in the relevant field for admission in PG courses  are also required for some universities.
4. It will be compulsory for students to submit their English language proficiency test scores such as IELTS, TOEFL, etc.

Eligibility Criteria

English Language Score Requirements

When your first language is not English then you are required to qualify for a language proficiency test to pursue management courses abroad. 

Application Process

The application process for finance and banking courses is quite simple and all applicants are required to do is to check the official website of the university they are opting for. On average finance and banking courses, applicants require 3 to 4 months to submit their applications to different universities. It takes 40 to 60 hours to spend and to complete four to eight applications. If you are finding this application process difficult then you must consider assistance from Leverage Edu experts. 

Scholarships at Top Finance and Banking Universities in the USA

The USA is one of the most popular study abroad destinations for students all around the world. The USA has the greatest number of top-ranked universities in the world. Apart from the great educational infrastructure, the USA is also known for providing a variety of scholarships to students all around the globe. 

Stanford Graduate School of Business 

International students can apply for the Stanford GSB Need-Based Fellowship and the Stanford Reliance Dhirubhai Fellowship for Indian applicants which cover the full cost of tuition and 80% cost of attendance for every student.

MIT Sloan School of Management Scholarships

Sloan School of Management provides financial assistance in the form of merit-based fellowships to all their applicants automatically without any extra applications. Students during the application process can apply for the McKinsey award. The award is worth $10000 given by McKinsey and Company to students who are exceptionally talented, and exhibit leadership qualities, personality traits and work experience.

Harvard Business School Scholarships

Harvard Business School is a college of Harvard University and is the top-ranked MBA college in the USA. The university offers need-based scholarships to all deserving international students through tuition assistance. Each financial aid program is personalised, keeping in mind the diverse and unique financial requirements of individual candidates. Harvard Business School scholarships are funded by its alumni and the estimated scholarship offered is around $42000 per year. 

Columbia Business School Scholarships

The Columbia University’s Business School offers scholarships and fellowships based on the need or merit of the admitted candidates. These scholarships provide partial or full tuition coverage and selected candidates are given award amounts from the range of $7,500–$30,000. Indian students can get fellowships like Columbia Fellow and Meyer Feldberg Distinguished Fellowship Program for highly academically gifted candidates.

Wharton School of Business Scholarships

Wharton School of Business, a business school of the University of Pennsylvania has a great system of financial assistance. The university considers every candidate for the Wharton Fellowship Program. The fellowship program is merit-based and considers candidates on the basis of academic achievement, community service, extracurricular, personality traits and leadership qualities. The amount of scholarship is variable depending upon the decision of the profile evaluation team.

FAQs

Q.What is the duration of MS in Finance in the USA?

The MS in Finance in the USA is a program with a duration of 10-24 months at universities in the USA.

Q.What are the tuition fees for a Masters in Finance in the USA?

The tuition fees for MS in Finance in the USA range from 19,000- 80,000 USD annually.

Q.Does USA colleges offer student housing?

Yes, the majority of American institutions provide their students with on-campus housing options. College housing in the USA can range in price from 9,800 USD to 14,400 USD.