MS Finance in USA for Indian Students

The US is the largest financial market in the world. Alone in the year 2022 the estimated revenue of the industry was US$ 4962 billion dollars. MS in finance is for students to deepen their understanding of financial markets, investment strategies and corporate finance. The USA is home to the world’s top universities and a hub for financial activity. For International students pursuing MS Finance in USA for Indian students can be a transformative experience, offering advanced education, exceptional networking opportunities and potential career opportunities. The article gives a brief idea on obtaining an MSF in the USA, including admission requirements, program structure, career prospects and practical consideration for international students.

Overview of the MS finance in USA for Indian students

The MSF program typically focuses on advanced topics in finance, which includes financial analysis, risk management, corporate finance, investment banking and quantitative finance. The curriculum is designed to equip students with both the practical skills necessary for careers in finance. Consider pursuing a Ph.D. in the USA after your MS in Finance to broaden your research expertise. Learn more about the requirements and application process for Indian students here: [PhD in USA for Indian Students]

Core Course in MSF Program in USA

• Corporate Finance
• Financial Management
• Investment Analysis
• Quantitative Methods in Finance
• International Finance
• Fixed Income Securities
• Investment analysis
• Financial Modeling

Elective Courses

• Behavioral Finance
• Real Estate Finance
• Financial Technology (FinTech)
• Mergers and Acquisitions
• Private equity and Venture Capital

Capstone Project or Thesis:

Many programs require a capstone project or thesis, also the duration of such programs are generally extended period programs.

Admission Requirements for MS Finance in USA

Admission to an MSF program in the USA can be competitive. International students must meet specific eligibility criteria to gain admission into these programs:

Academic Qualifications

1. Bachelor’s Degree: For master’s degree eligibility a four year undergraduate degree in finance, economics, business or related field from an accredited institution is generally required. Some programs in US universities may accept degrees in other fields if the applicant has relevant work experience or coursework in finance.
2. GPA: A minimum GPA of 3.0 out of 4.0 is typically required because higher GPAs can enhance admission chances. The GPA requirements could also vary from one university to another.

Standardized Tests

1. GMAT/GRE: Most business schools in the US require GMAT (Graduate Management Admission Test) or GRE (Graduate Record Admission). Some institutions waive this requirement for candidates with significant professional experience or exceptional academic records of students.
2. English Language Proficiency: International students whose native language is not English must demonstrate proficiency through tests such as IELTS (International English Language Test System), TOEFL (Test of English as a Foreign Language) or PTE (Pearson Test English),etc.

Documents: MS in Finance in USA

1. Statement of Purpose: As an important requirement, university demands a detailed essay explaining the applicant’s career goals, reasons for pursuing an MSF, and why they choose the specific program.
2. Letters of Recommendation: Generally a masters application in a US university requires two to three letters of recommendation from high position academic professors or industry professionals.
3. Resume/CV: Students current academic resume highlighting academic achievement, professional experience and relevant skills.

Scholarships: MS in Finance in USA for Indian Students

Scholarships in the US are divided into three types:

1. University Scholarships
2. External Scholarships
3. Assistantships

• University Scholarships: Many US universities offer merit based scholarships for international students.
• External Scholarships: Scholarships such as Fullbright International, Inlaks Scholarships and TATA scholarship are some of the renowned scholarships for international students to study in US universities.
• Assistantships: Research or training assistantships can provide stipends and tuition fee waivers in exchange for part time work in the university.

Loans

International students may need to secure private loans or loans from their home country. It is very important for international students to understand that student loans in the USA are generally not available for international students.

To know about the variety of international education student loans & interest rates in India, contact Global Opportunities as we are the leading study abroad consultants in India.

Top Universities for Studying MS in Finance in USA

For more information on various US universities providing MS in Finance & related courses, contact us.

Suffolk University

The Suffolk University was founded in 1906 as a private research university in Boston, Massachusetts and it is the tenth-largest university in metropolitan Boston. The Suffolk university is known for its business and engineering programs which are availed by a majority of international students.

• Eligibility criteria at Suffolk University
  • Course – Integrated Master of Science in Finance
  • Application Fees – Nil
  • Tuition Fees – USD$ 18025.00/semester
  • IELTS Overall – 6.5
  • TOEFL IBT – 80
  • PTE Overall – 53

Niagara University

Niagara University is a private institution that was founded in 1856. The university has five academic divisions which includes the colleges of Arts and Sciences, Business Administration, Education, Hospitality and Tourism Management, and Nursing.

• Eligibility criteria at Niagara University
  • Course – Master of Science in Finance
  • Application Fees – Nil
  • Tuition Fees – USD$ 870.00/credit hours
  • IELTS Overall – 6
  • TOEFL IBT – 80
  • PTE Overall – 79

Fairfield University

The Fairfield University was founded by the Jesuits in 1942, is a 200-acre campus situated on the Connecticut coastline. At Fairfield university students can choose from more than 40 undergraduate majors and dozens of advanced degrees options. Fairfield University is known for its accounting and finance programs.

• Eligibility criteria at Niagara University
  • Course – Master of Science in Finance
  • Application Fees – Nil
  • Tuition Fees – USD $20790/year
  • IELTS Overall – 6.5
  • TOEFL IBT – 80
  • PTE Overall – Nil

American University

The American university located in Washington, DC. As per the U.S news best colleges ranking the university is ranked #2 for study abroad. The university also has some of the best financial courses opening lucrative career opportunities for students.

• Eligibility criteria at Niagara University
  • Course – Master of Science in Finance
  • Application Fees – Nil
  • Tuition Fees – USD $46218/year
  • IELTS Overall – 6.5
  • TOEFL IBT – 80
  • PTE Overall – 55

Hofstra University

The Hofstra University is a private university in Hempstead, New York and gained university status in 1963. The Hofstra Zarb school of Business is one of the top schools for finance students in the country. At Hofstra university international students enjoy all the benefits of the American higher education system which is a safe selective and private campus.

Advantages of MS in Finance in USA for Indian Students

The US dollar thrives among the strongest currencies which is easily accepted and recognized around the world for the same reason there are many top financial institutes in the US which provide some of the best higher education in finance, further creating lucrative career opportunities for international students. Some of the various advantages are:

• Access to Financial Markets and Institutions: Many of the top finance programs are located near major financial centers in the USA further providing students with direct access to internship, networking events and employment opportunities in these hubs. Also, some of the financial programs in the US include field trips and site visits to financial institutions, stock exchanges and corporate headquarters offering students a firsthand look at the industry in action.
• Career Prospects: The optional Practical training (OPT) and Curricular Practical training programs provide international students with F1 non immigrant visa, opportunity to work in the USA up to 3 years. Many of the financial programs have strong industry connections that facilitate internships and job placements. For the same reason the career services department often assists with resume building, interview preparation and job searches.
• High Quality Accredited Courses: Many finance programs in the USA are accredited by prestigious bodies such as the Association to Advance Collegiate Schools of Business (AACSB), ensuring that the education provided meets the high standards of quality and relevance.

Conclusion

Pursuing an MS in Finance in the USA offers international students an unparalleled blend of academic rigor, practical experience, and professional opportunities. The USA’s prestigious institutions, diverse specializations, and advanced research facilities provide a strong foundation for students to develop deep financial expertise. The country’s dynamic financial markets and robust industry connections enhance employability and facilitate career advancement.
Moreover, the cultural exposure and personal growth gained from studying in a diverse environment like the USA contribute significantly to the overall educational experience. International students benefit from rich networking opportunities, internships, and job placements, making them well-prepared for the global job market.
Choosing to study MS in Finance in the USA is a strategic decision that opens doors to a world of possibilities, equipping students with the skills, knowledge, and experience necessary to thrive in the competitive field of finance. By leveraging the unique advantages offered by US programs, international students can achieve their academic and professional goals, paving the way for successful and rewarding careers in the global financial industry.

FAQs

What is the scope of MS Finance in the USA for international students?

There is a huge scope of MS Finance in the USA for international students. Graduates after completing this degree can apply for roles such as Financial advisor, Financial analyst, business controller and investment manager, etc.

Is MS Finance better than MBA?

The major difference between MS & MBA programs is that MS Finance is a more finance-oriented course and helps a person to acquire knowledge on diverse finance related topics.