If you are interested in a rewarding career in finance, you may be curious about a Masters in Finance salary. Masters in Finance degrees are accredited graduate-level degrees that qualify students for various positions in corporate finance, investment management and financial analysis over a period of one to two years of full-time study. University of Pennsylvania (Wharton) in Philadelphia is highly-ranked by U.S. News and World Report and is distinguished by its offering of 25 on-campus research centers. International source Financial Times lists Brandeis University in Waltham, Massachusetts, as the top-ranked program in the United States (17th on its international list) for students fresh out of undergraduate college programs and George Washington University in Washington, D.C., as the best program in the United States (second on the international list) for working professionals with experience. Northeastern University has the distinction of being one of the top online Masters in Finance degree programs.
Details about Masters in Finance Salary Ranges
The typical Masters in Finance salary varies by experience, location, and performance. The most highly-ranked online Masters in Finance school, Northeastern University, recommends investment research, proprietary trading, private equity/merchant banking, risk management, corporate/industry finance, divisional financial analysis, treasury, cash management and private wealth management as career paths for graduates. Possible job titles for graduates of Masters in Finance degree programs include Associate Economist, Business Analyst, Chief Financial Officer (CFO), Consultant, Credit Analyst, Director of Finance, Equity Research Associate, Financial Analyst, Financial Risk Analyst, Senior Financial Analyst, Foreign Exchange Dealer, Manager of Investment Administration, Operations Manager, Principal Banker, Quantitative Analyst, Risk Associate, Risk Manager, Senior Internal Auditor, Statistical Analyst, Underwriter and Vice President of Risk Analytics. The average starting Masters in Finance salary for Masters in Finance graduates is high.
According to Financial Times, graduates of the top-ranked pre-experience Masters in Finance school in the United States, Brandeis University, can expect to make approximately $69,274 annually within three years of graduation, without prior experience in finance. Graduates of Masters in Finance degree programs may begin their careers as Financial Advisors, a position that made a median salary of $74,350 per year in 2010 according to the United States Bureau of Statistics. Management positions typically have a higher salary than non-management positions. Financial Managers, for example, made a median salary of $103,910 in 2010, but earners in the top 10 percent made more than $166,400. U.S. News and World Report identifies the average base salary of graduates of any masters-level program in the highly-ranked University of Pennsylvania’s business school as $118,024. If you have an interest in finance and desire a high earning potential, consider earning the degree to make a Masters in Finance salary.