Master (MS) in Finance Abroad: A Comprehensive Guide for Indian Students 2025

Master in Finance, often called M. Fin, MSF (in North America) or MSc in Finance (in UK/Europe) is a postgraduate degree designed for graduates to make a career in fields such as Financial Analysis, Risk Management, Investment Banking, and Corporate Finance. The course is also for professionals with prior experience in Finance looking to advance their careers.

Fin is highly sought after by students due to its in-depth curriculum which focuses on financial theory, quantitative methods, and real-world applications. The 10-month to 2-year programs provide strong career prospects in global financial hubs like London, Singapore, Hong Kong, and New York.

Top countries like the USA, UK, Canada, and Australia offer Master in Finance programs for international students through their top universities. Some popular universities offering M. Fin include MIT Sloan, Columbia University, UC Berkeley, University of Oxford, University of Toronto, University of Melbourne, HEC Paris, Bocconi University, and more.

The eligibility criteria followed by most of the universities comprise a bachelor’s degree typically in Finance, Economics, Engineering, Mathematics, and relevant fields. Students must appear for the GMAT and GRE and prove their English language proficiency by submitting the scores for IELTS and TOEFL. Along with the Statement of purpose and Letters of recommendation, having prior work experience can make a student’s application appealing.

Read more: Master in Finance: Eligibility, Fees, Scholarships and Jobs

What is Masters in Finance Abroad?

International students can pursue a one-two year master's in Finance program in full-time, part-time, online, or hybrid learning mode. The MS in Finance tuition cost for international students varies depending on the country they choose. Students looking for affordable options can enroll in universities situated in Australia, Canada, or Germany. Master in Finance curriculum is quite expensive in countries like the UK and the USA. After completing the course, students can expect a high-profile job in top-notch companies with a minimum salary of INR 42L. Students can check the MS in Finance highlights below:

Want to know what is the difference between MS in Finance and MBA in Finance? Watch this video

What is a Master in Finance?

Students who want to work in corporate finance, risk management, asset management, or investment banking must pursue a specialized postgraduate degree called a Master of Finance (M Fin). Depending on the country and university, the curriculum usually lasts between 10 months and 2 years. Some colleges allow students from other fields with necessary courses, although most prefer applicants with a background in Finance, Economics, Business, Mathematics, or Engineering.
Although top universities may prefer one to three years of experience, work experience is typically not essential for obtaining an MS in Finance. Depending on their schedules and professional objectives, students can select among full-time, part-time, online, or short-term financial courses. Numerous public universities (Toronto, NUS, Melbourne), Ivy League schools (MIT, Harvard, Oxford), and specialist finance schools (HEC Paris, Bocconi, ESSEC) offer M Fin.
With increasing demand in ESG investing, cryptocurrency, and AI-driven finance, graduates can find employment in investment banking, financial analysis, risk management, FinTech, and private equity. In the USA, the typical income is between USD 90,000 and USD 150,000 (₹75L to ₹1.25Cr), while in Europe, it is between EURO 60,000 and EURO 120,000 (₹54L to ₹1.08Cr). Higher incomes are associated with specializations such as FinTech, Investment Banking, and Quant Finance. For finance professionals, an M Fin is a great substitute for an MBA because it offers solid job prospects in the rapidly changing field of global finance.

Also check: Masters in Finance in Abroad

Best Countries to Study MS in Finance

The USA is the top choice for international students to study MS in Finance programs. The country houses the highest number of universities that offer the M Fin program in multiple specializations. After the USA, there are some other countries like Germany, the UK, Australia, and Canada, which also offer MS in Finance programs for international students. Check the list of top 5 countries to study MS in Finance with the number of universities:

Also check : 5 Best Countries to Study MS Abroad

We have mentioned below the top MS in Finance universities abroad with their first-year tuition fee and application deadline for international students:

Top Universities to Study MS in Finance (QS Rankings)

The Masters in Finance program of the University of Oxford ranked #1 by QS rankings 2025 based on various factors such as employability, alumni outcomes, value for money, diversity, and more. Along with Oxford, universities like HEC Paris and MIT grabbed top positions for providing M Fin programs. Students can check some of the top universities as per QS to study MS in Finance from all over the globe below:

Must check: Scope of MS in Finance in USA

MS in Finance Admission Requirements for International Students

Along with having a bachelor’s degree in a relevant field, students must fulfill the eligibility by submitting the cumulative GPA score for most of the countries. In addition, students must submit certain mandatory documents, including transcripts from the university/college attended, standardized test scores, work experience, letter of recommendation, statement of purpose, and English language requirements. Students may expect some program-specific requirements also. The admission requirements to pursue an MS in Finance from top countries are given below:

Visa Requirements for MS Courses

Students can pursue a master's from anywhere in the globe, but the visa applications and requirements vary as per the country. Students can check the list of top 5 countries to Study MS and their requirements in the table below:

Also read: Student Visas for Study Abroad

MS Scholarships for Indian Students

There are a lot of scholarships available for international students based on their merit, need, or more. Students can avail of these scholarships by fulfilling the eligibility criteria which vary for each scholarship. The students can check some popular scholarships offered for master programs from various countries below:

MS in Finance Job Scope & Opportunities

Students, after completing their Master in Finance, can expect their careers in top companies like JP Morgan, ICICI, Morgan Stanley, Wipro, Infosys, Deloitte, and more. The estimated salaries of job roles like Financial Analyst are between INR 4L and INR 9L, and between INR 5L and INR 12L for Financial Manager. Students can check the table below for different job profiles for masters in Finance along with the average salary and top recruiters: