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MS in Finance in USA for Indian Students 2024: salary, Fees, Duration
Edited By Porishmita Paul | Updated on Jul 08, 2024 02:09 PM IST
Masters in Finance USA is a popular course for international students due to its high-quality education, job diversity, research dynamics, and diverse specialisation. The course duration of MS in Finance in USA is typically 1-2 years for both full-time as well as online courses.
According to the US Bureau of Labor Statistics, overall employment of financial analysts is projected to grow 8 percent from 2022 to 2032. The cost of MS in Finance in USA for Indian students is around USD 30,000 and USD 120,000 per year. Additionally, the living expenses in USA for Indian students are approximately 234.2% higher than in India.
This Story also Contains
- MS in Finance in USA 2024 Highlights
- MS in Finance in USA Top Universities
- Why Study MS in Finance in the USA?
- MS in Finance in USA Subjects
- MS in Finance in USA Requirements
- Documents Required for MS in Finance in USA for International Students
- MS in Finance in USA Fees
- Cost of Living in US
- MS in Finance in United States vs India
- Scholarships for MS in Finance in USA
- MS in Finance in USA Salary
As per the QS World University Ranking 2025, many MS universities in USA are listed among the top 100 universities worldwide. A few popular institutions offering an MS in Finance in USA include MIT Sloan, UC Berkley, UCLA, and other universities. Therefore, students who are planning to build their careers in finance must fulfill the MS in Finance in USA requirements to apply for top universities.
The major eligibility requirements for admission to top Masters in Finance in USA universities include a bachelor’s or equivalent degree in a relevant field, GRE or GMAT score, English language proficiency, and relevant work experience. Read the complete article to learn more about MS in Finance in USA for Indian students, course curriculum, and other related details.
MS in Finance in USA 2024 Highlights
Factor | USA |
Degree Offered | MS in Finance |
Programme Duration | 1-2 years |
Specialisations Offered | Corporate Finance, Investment Banking, Financial Planning, Risk Management, and Financial Engineering |
MS in Finance in USA Fees | USD 30,000 and USD 120,000 |
Job Market | Higher potential salaries |
Average Starting Salary | USD 60,000 to over USD 100,000 |
Post-Graduation Work Opportunities | A broader range of opportunities in global financial centres |
Living Expenses | Generally higher |
MS in Finance in USA Top Universities
The United States is the destination for many top-ranked universities. These institutions offer a plethora of options for an MS in Finance in USA and are well-reputed for their academic excellence, research contributions, and diverse student communities. Also, the top MS universities in US offer a wide range of programmes in specialisations like Corporate Finance, Investment Banking, Financial Planning, Risk Management, and Financial Engineering. MS in Finance in USA is among the most popular courses in the world for international students. Here’s a list of top MS courses in USA universities for international students.
Top 10 MS in Finance in USA Universities for Indian Students
University | QS World University Subject Ranking 2024 |
4 | |
5 | |
UCLA Anderson | 9 |
27 | |
USC Marshall | 30 |
31 | |
33 | |
Georgetown University | 37 |
45 | |
46 | |
58 | |
61 |
Why Study MS in Finance in the USA?
Here’s a list of significant advantages that influence international students to study MS in Finance in USA for international students.
The MS in Finance in USA for International Students 2024 curriculum includes both theoretical and practical aspects of the subject. Students can get sufficient time to focus on research, assignments, and applied knowledge in real-life settings.
Most top US universities maintain strong industry networks and partnerships with leading industry experts. Therefore, students get the opportunity to work and interact with top-tier world companies.
MS in Finance in USA universities offer a broad range of subjects to specialise in and research.
MS in Finance in USA for international students has a rich ethnic diversity. As a result, international students can get the chance to develop a global career.
Students can learn the value of racial, diversity, and gender equality to foster cross-ethnic relationships.
MS in Finance in USA Subjects
Here’s the list of popular subjects for candidates interested in studying MS in Finance at top US universities.
Modern Finance
Corporate Finance
Financial Mathematics
Big Data in Finance
Corporate Financial Accounting
Risk Management
Financial Engineering
Financial Markets
Econometrics and Statistical Inference
Finance Ethics & Regulation
MS in Finance in USA Requirements
The completion of an undergraduate degree in a relevant field is the primary eligibility requirement for international students to study MS in Finance in USA. However, overseas students also need to fulfill the following basic requirements to study masters courses in USA:
Students must get an average GPA of 3.0 and above in their bachelor’s degree.
Proof of your English language proficiency test is compulsory.
Candidates must get a GRE score of 290 or above to apply for popular MS in Finance specialisations in the US.
Students must demonstrate prior work experience through research/internship projects, published research papers, or social or leadership activities.
Documents Required for MS in Finance in USA for International Students
Here’s a list of documents required for international students to study MS in Finance courses in USA:
Two to three letters of recommendation
English language proficiency test certificates like IELTS and TOEFL.
GRE scorecard
Research/internship projects
A valid passport
Any published research papers
Proof of financial support
Proof of any social or leadership activities
MS in Finance in USA Fees
How much does MS Finance cost in USA? The average cost of studying MS in Finance in USA for Indian students is between USD 30,000 and USD 120,000 which is around Rs. 24 -96 lakhs in Indian rupees. However, the study MS in Finance in USA fees structure is based on the credit hour of the course and is influenced by the type of university you choose. For instance, private MS colleges in USA are more expensive than public universities.
Here’s a list of the top 10 universities offering the cheapest MS Finance in USA.
University of the Cumberlands (KY)
Cost of Living in US
The average cost of living in US is around USD 1,000 and USD 1,500 per month for international students. This range may be influenced by the food, accommodation, health, transportation, and other personal expenses of the students.
Living Expenses in USA for International Students
Living essentials | Expenses |
Transportation | Rs. 7,500 – 22,700 |
Food | Rs. 2,200 – 3,000 |
Accommodation | Rs. 75,700 – 1,51,500 |
Other | Rs. 22,700 – 45,400 |
MS in Finance in United States vs India
Factor | USA | India |
Cost of Education | Higher (USD 30,000 and USD 120,000) | Lower (typically between Rs. 5 lakhs to Rs. 20 lakhs) |
Programme Duration | 1-2 years | Typically 1-2 years |
Specialisations Offered | Corporate Finance, Investment Banking, Financial Planning, Risk Management, and Financial Engineering | Limited options |
Job Market | Higher potential salaries | Lower starting salaries |
Average Starting Salary | USD 60,000 to over USD 100,000 | Rs. 5 lakhs - Rs. 10 lakhs+ |
Post-Graduation Work Opportunities | A broader range of opportunities in global financial centres | Primarily focused on the domestic market |
Living Expenses | Generally higher | Generally lower |
Scholarships for MS in Finance in USA
Scholarships are the most affordable option for international students to study MS in Finance USA without any financial stress. Scholarships in USA are of many types. It is government-funded, external scholarships, international student scholarships, and university-funded scholarships and fellowships. Students are advised to research and submit their application for specific scholarships to the top universities and colleges in the USA before the deadlines. Also, check the eligibility criteria carefully while applying to any of these scholarships.
Here’s the list of scholarships in USA for international students:
Hubert Humphrey Fellowship Programme (Government-funded)
#YouAreWelcomeHere Scholarship
IEFA (Non-Government scholarship)
AAUW International Fellowships
MS in Finance in USA Salary
The average annual salary for MS in Finance in USA ranges from USD 115,000 to 181,000. Graduate freshers can get up to USD 60,000 to over USD 100,000 depending on factors like location and specific role. Here are some of the average salaries for specialised courses in MS in Finance.
MS in Finance in USA Salary for International Students
Job Role | Avg. Salary |
Financial Analyst | USD 53,000 - USD 87,000 |
Senior Financial Analyst | USD 70,000 - USD 109,000 |
Finance Manager | USD 82,000 - USD 143,000 |
Frequently Asked Questions (FAQs)
1. Is MS in Finance worth it in the USA?
Yes, MS in Finance in USA is worth it in the USA. MS in Finance in USA is well-regarded worldwide for its quality of education and career opportunities. The rate of employment for an MS in Finance in the United States is also very high.
2. How much does MS in Finance cost in USA?
The average cost of studying MS in Finance in USA for international students is between USD 30,000 and USD 120,000 annually. Additionally, students require around USD 1,000 and USD 1,500 per month to manage their living expenses in USA cities.
3. What is the average salary of MS in Finance in USA?
The average salary of MS in Finance in USA is approximately USD 115,000 to 181,000 for top graduates. Graduate freshers can get up to USD 60,000 to over USD 100,000 according to their job role and specialisation.
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Questions related to
Get answers from students and experts
Hi there
Yes you can try to learn various courses that are for approximately 3 months to 6 months in duration.
Yes you can learn before going to us. Learning skills definitively adds some value to the life of a candidate and also improves in getting good recognition in life..
Below i have mentioned some courses that you can try before visiting us:
- Social media marketing
- Content writer
- Content creation
- Video editing
- Photography skills
- Digital marketing
- Stiching
- Makeup artist course
- Hairstyling course.
So these are some courses you can try.
Hope this answer will help you. Revert incase of any query.
Thank you and good luck:)
Anushri Varshney 12 June,2022
Hello Samarasimha,
YES, you can MS in UA after completing Bsc in Statistics. . All you have to do is score good marks in your PG and prepare for GRE. You should also decide upon the country and the university in which you are going to study.
Furthermore, the requirements to pursue MS in USA are as follows :
- 3 to 4 years bachelors degree in relevant field.
- 3.5 or higher GPA, equivalent to 87% in bachelors.
- GRE score of 330 or above.
- Statement of Purpose.
- Research Internships/ Published Research Papers.
- Project work/Seminars.
- 2-3 Letter of Recommendation.
- Social & Leadership Activities.
Further, requirements for Software jobs in USA are as follows :
- Enroll in a software development program. The first step to becoming a software engineer is to enroll in a software development degree program. ...
- Gain internship experience. ...
- Choose your specialty. ...
- Pursue industry certifications. ...
- Continue your education.
I hope that this will help.
Piyush kesarwani 13 May,2022
Dear aspirant hope you are doing well..
To study at foreign universities/abroad in U. S , the admission process will require the candidate to give one language exam and one standardized exam. However, depending on the country, course, college, or university you are applying for you may be exempted from standardized exams. The language test will showcase your English proficiency skills. These exams are required for pursuing almost all courses abroad. Different countries have different language exams such as
- TOEFL exam for getting admission to the universities in the US and Canada. The score of this exam is valid for two years after the declaration of results
- There are plenty of universities abroad where you can apply to do master-level course, MSc in statistics, MSc in Operation Research, and Applied Mathematics, MSc in Mathematical Modeling, etc are some of the Master level Course in Mathematics that are available abroad. Students who have completed their graduation or bachelor's degree in Mathematics can apply for these courses. Foreign universities like Uppsala University, Dublin City University, Oxford Brookes University, University of York, University of Liverpool, etc offer all the above-mentioned courses in mathematics.
Top university of The USA for master degree courses
- John Carroll University
- Missouri University of Science and Technology
- Michigan State University
- West Virginia University
- Rhode Island College
- University of Arkansas
- Vanderbilt University
- DePaul University
- Delaware State University
- Texas A&M University-Commerce
- University of South Florida
- California State University Northridge
You can get the detailed information about the process how to apply for MS in USA. read the given article. Link is given below
https://studyabroad.careers360.com/articles/how-apply-for-ms-in-usa/amp
Hope it's helpful for you..
Thank you
AVINASH KUMAR 23 February,2022
There are many ways to choose your university such as fees, the ranking of the university, which state it is located and scholarships. My suggestion is to choose your research focus and write academic papers. In the US, PhD in Commerce admission into the university depends on what you want to study (your area of research) and your already completed research papers. You can begin your research by searching online for US universities offering PhD in Business Administration. One example is University of California Los Angeles (https://www.anderson.ucla.edu/degrees/phd-program/admissions#app-req) .
Tabitha 08 January,2022
Hello Student
You are aBHM means Bachelor in Hotel Management so after doing BHM,to gain a bright future inthis trade you have to do MSc in Hotel Management,post graduation in Hospitality Management,Master degree in travel and tourism management,or MBA in hotel management,AFter doing post graduation in Hotel management or travel and tourism management will give you the best return in employment opportunity.
Hope this will help.
Sohamsengupta8 13 February,2022
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