What Are the Different Types of Finance Master’s Degrees?

As the world of finance continues to grow, so do career opportunities. Today, there are many different paths and options for a career in finance, and that also means there are many different types of masters degrees in the area of finance to choose from.

Your desired career should serve as a guide for your education decisions and help you determine which degree is best suited for your aspirations. Here are some of the types of master’s degrees in the area of finance and the careers associated with each area of study.

Master of Finance

A Master of Finance degree is well suited for students interested in a comprehensive, graduate level education in the field of finance. Master of Finance coursework typically covers a broad array of topics such as corporate finance, commercial banking, real estate, investments and insurance.

Possible careers: commercial banker, corporate financial manager, corporate treasurer, mergers analyst

Master of Investment Management and Financial Analysis

With an online Master of Investment Management and Financial Analysis degree from Creighton University, you have the unique opportunity to earn a master’s in finance and prepare to earn the Chartered Financial Analyst ®, or CFA ®, designation. The internationally recognized CFA designation shows you have specialized skills in such areas as investment analysis, portfolio strategy, and asset allocation – giving extra muscle to your finance master’s degree.

Possible careers: portfolio manager, financial analyst, investment analyst, security analyst, mergers analyst, private equity analyst, wealth manager

Master of Accountancy

After earning an undergraduate degree in accounting, you can enroll in a Master of Accountancy (MAcc) program. In some cases, you may need to take the exam to become a Certified Public Accountant before being able to enroll. This degree focuses on financial management and planning, market forecasting, tax policy, auditing, and more.

Possible careers: forensic accountant, controller, senior auditor

Master of Quantitative Finance

With a master’s degree in quantitative finance, you’ll learn how to apply mathematical methods to solve problems in financial economics. This includes learning asset pricing and building quantitative skills that uses applied mathematics, computer science, and statistical modeling.

Possible careers: financial software developer, risk analyst, structured finance consultant

Master of Financial Engineering

In this multidisciplinary field, you will study financial theory, the methods of engineering, and the tools of mathematics. You will then learn how to apply these engineering methodologies to finance.

Possible careers: banking/financial analyst, financial management/consulting, quantitative analyst

As career opportunities continue to increase over the next decade, so will the competition for those positions. Projected job growth for financial analysts1 alone through 2022 is 16 percent, and the job growth rate for personal financial advisors2 is expected to leap by 27 percent.

Putting yourself ahead of the competition with a masters degree in finance can help maximize your opportunity for career growth.

To learn more about what rewarding careers await you in finance and investment management, and to see what Creighton University’s online program can do for you, request more information online or call us at 866-717-6365.


1- http://www.bls.gov/ooh/business-and-financial/financial-analysts.html
2- http://www.bls.gov/ooh/business-and-financial/personal-financial-advisors.htm

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