Finance is the management of assets. Generally, the field of finance involves managing investments.
If you enjoy finance and want to further your business education and raise your salary, you may want to try a Master of Finance. While an MBA focuses on management skills, a Master of Finance will teach you about the technical and mathematical side of business.
There are some major divisions within finance. A person with financial knowledge could work in personal finance, public finance, or corporate finance. These fields all use very different financial skills.
Most Master of Finance programs focus on corporate finance. This area is focused on managing large investments.
For example, Princeton offers a Master in Finance degree program. The degree covers financial economics in depth, as well as financial engineering and computational methods.
Computational finance and financial engineering use math to predict outcomes and risks of investments or transactions. A Master of Finance might be right for you if you enjoy doing complex math problems.
After completing a Masters degree in finance, you will have many job opportunities. Examples of companies that need financial engineers include investment banks, risk management operations, and corporate strategic planning.
High-level technical skills in finance are highly desired in today’s job market, and the type of jobs you will find pay large salaries.
In addition to Princeton, some universities that offer a Master of Finance are the University of Toronto, Vanderbilt, Rutgers, and the University of Illinois.
A Master of Finance is a good career move, but a tough degree. If you have very strong math skills, and a job crunching numbers all day doesn’t sound too bad, the Master of Finance will help you get the best job possible.