A master’s degree in finance is probably the most valued degree anywhere in the world. Financial analysts are hunted by each and every corporate sector for helping out their company in all their business dealings and to provide them with innovative plans and ideas that will help them survive and also dominate their business. So, here in this article you will find all that you wanted to know about Master of Science in Finance (M.S.F) and all other details regarding the career options and scope of this degree program.
The master’s science finance is generally a two year degree program where undergraduate students with a finance degree are only eligible in select colleges. However there are certain colleges which do allow undergraduate candidates with a non-finance major to pursue M.S.F as well. There are executive M.S.F. degree programs too where this course can be finished in a single year also which are exclusively for candidates who are currently employed. This can be done in correspondence mode as well. Online M.S.F. degree courses are available too but this has not gained much of a reputation or popularity even among the executive candidates.
The degree program is mainly comprised of subjects and activities related to corporate accounting, financial management of risks, economics, financial planning & modeling, business ethics etc. All these subjects related with this degree program will give you an insight view and understanding of all the aspects regarding finance. You may ask the difference of this degree with that of an MBA degree which is also a two year course. Well, there is not much of difference between the two courses where both deal with management of finance but M.S.F. is much more diverse and covers lot more topics than in an MBA. For example, MBA finance has to chosen specifically in order to have a grasp of all aspects regarding financing and same is not the case when you chose an MBA in human resource management. So, it is apt to say that M.S.F. is touch better than a MBA degree.
The career options with an M.S.F. degree are vast. Chartered Financial Analyst is the post that is normally available for a graduate with an M.S.F. degree. However, all other streams involving a financial consultant shall be applied with this degree. This is a valuable course and is more preferred than an MBA degree all over the world but people throng to an MBA course simply because it is over-hyped as a huge salary course.