10.ESADE Business School – MSc in Finance
Location: Barcelona, Spain
Down three places to rank 10th for its Master of Science in Finance degree, ESADE Business School receives a near perfect score for its alumni outcomes, and very high scores for its value for money and employability. Its one-year MSc program has two specialization tracks to enable students to focus the program according to their career goals: corporate financial management and asset management and banking. They’ll also gain an international viewpoint on the competitive financial environment and the high level of competence needed to adapt to changes and take on challenges. Students will also have the opportunity to learn Spanish, one of the world’s most widely-spoken languages, further enhancing their employability.
9. UCLA Anderson School of Management – Master of Financial Engineering (MFE)
Location: Los Angeles, United States
UCLA’s Anderson School of Management is ranked ninth in the world for its Master of Financial Engineering degree, which is solidly based on the business school model of combining quantitative finance theory and principle with the latest business practice. Students have access to prominent leaders in financial engineering, with a student/faculty ratio of 3:1. UCLA Anderson receives a very high score for its alumni outcomes – 94 percent of students are employed six months after graduating, earning an average starting salary of $100k in fields such as risk management, proprietary trading, regulatory services, academia, asset management and flow trading.
8. London School of Economics and Political Science (LSE) – MSc Finance
Location: London, United Kingdom
London School of Economics and Political Science (LSE) is down slightly in 2020 to rank eighth in the world for its MSc Finance program. It achieves the highest score in the top 10 for the diversity indicator, with 90 percent of its 93 students coming from outside the UK, representing a wide range of nationalities. As well as benefiting from diversity, students of the MSc Finance program will also enjoy a close interaction with LSE’s Financial Markets Group and the Systemic Risk Centre, which attract leading financial researchers from around the world. Alongside the academic program, students are supported in entering the job market by taking part in the department’s Professional Development Programme, starting with a pre-sessional course in September.
=6. ESSEC Business School – Master in Finance
Location: France, Singapore and Morocco
Heading to Europe, and up from ninth to joint sixth in this year’s QS Masters in Finance Rankings is ESSEC Business School, a French institution which has grown to open campuses overseas, in this case in Singapore and Rabat, Morocco. ESSEC achieves very strong scores for its alumni outcomes and value for money, with 100 percent of its finance students employed six months after graduation, often in world-renowned banks and companies. It also has a start-up incubator, ESSEC Ventures, to support entrepreneurial students. Available at either the Paris or Singapore campus, the finance program has 29 elective courses and three tracks in corporate finance, financial markets and FinTech & analytics.
=6. The University of Cambridge Judge Business School – Master of Finance
Location: Cambridge, UK
The University of Cambridge’s Judge Business School is ranked joint sixth alongside ESSEC for its Master of Finance (MFin) program. The school receives a perfect score for employability and a very high score for alumni outcomes, with students enjoying an average salary of increase of 89 percent following completion of the program, bringing their average salary to around US$131,821. Further, 91 percent of students are in employment three months after graduation.
The school’s 12-month MFin course has been designed in consultation with the banking and finance industry and consists of a mix of core courses and electives, allowing students to tailor their course and gain specific skills in topics such as advanced corporate finance, private equity, Asian capital markets and mergers & acquisitions.
5. UC Berkeley Haas School of Business – Master of Financial Engineering
Location: Berkeley, California, US
Back in California, the University of California, Berkeley’s Haas School of Business climbed three places this year to now rank fifth in the world for its Master of Financial Engineering (MFE) degree, and receives a perfect score for the thought leadership indicator, as well as high scores for alumni outcomes and value for money. A one-year program, the MFE degree prepares students to take on cutting-edge roles in investment banks, commercial banks and other firms around the world. MFE students take part in a 12-week internship, with placements at companies such as Citibank, BlackRock, and Goldman Sachs. As well as receiving continuous personalized careers advice throughout the program, students earn an average salary of $159,402 in the first year after graduation.
4. London Business School – MSc in Finance
Location: London, UK
London Business School (LBS) is down three places this year to rank fourth in the world for master’s in finance degrees in the QS Masters in Finance Rankings. It receives very high scores in three indicators: employability, alumni outcomes and thought leadership, a measure of how well-recognized institutions are for their expertise. An ideal course for students who want to accelerate their global finance career, LBS’ Master of Science in Finance degree is a highly specialized program which is best suited to students with three to eight years’ relevant finance experience, allowing them to discover the latest financial tools and techniques, gain a global perspective and build an international network of contacts. As well as international exchange opportunities, LBS now offers a Global Immersion Elective, in which students can spend a week in Frankfurt and Paris and develop a deep understanding of the asset management and banking industries of both cities.
3. HEC Paris – Master in International Finance
Location: Paris, France
Next in our look at the top universities for master’s in finance degrees is HEC Paris, ranked third for its Master in International Finance (MIF) degree. HEC Paris received full marks for alumni outcomes, with 99 percent of graduates finding employment within three months of graduating. Most graduates find work in the financial services or consulting industries, and graduates earn an average starting salary of around US$69,600. HEC’s MIF degree is taught entirely in English and gives students the opportunity to go on a study trip to London, choose from a number of free electives, and follow a specialization track in corporate finance or capital markets.
2. MIT Sloan School of Management – Master of Finance
Location: Cambridge, Massachusetts, United States
Massachusetts Institute of Technology (MIT) has been the highest ranked university in the world in the QS World University Rankings® for seven years in a row, and its Sloan School of Management is one of the world’s leading business schools. Up one place to rank second in the world for its Master of Finance degree (MFin), MIT Sloan receives perfect scores for alumni outcomes and thought leadership, reflecting its reputation of academic excellence and history of ground-breaking ideas in management and finance, such as the Black–Scholes model. Sloan also receives a very high score for employability, with 650 of its alumni having founded their own business, while almost 99 percent of 2018 MFin graduates were offered a job within three months of graduating.
1. The University of Oxford Saïd Business School – MSc in Financial Economics
Location: Oxford, UK
The 2020 edition of the Masters in Finance Rankings sees the University of Oxford’s Saïd Business School climb from joint fourth to first place in the world for its Master of Science in Financial Economics (MFE), with perfect scores in the employability and thought leadership indicators.
Run jointly with the university’s department of economics, the MFE degree combines a rigorous academic core with tailored practical applications that have been planned in consultation with leading financial recruiters. The MFE course has four core courses in asset pricing, economics, corporate finance and financial econometrics, as well as five electives to enable students to gain a deeper knowledge in areas of particular interest.