- Master’s in Finance leads to high-paying jobs like Financial Analyst, Investment Banker, and Finance Director.
- Salaries range from INR 29.2 Lakh to 1.8 Crore annually, depending on the role and country.
- Top recruiters include Goldman Sachs, JP Morgan, Barclays, and BCG, offering competitive salary packages.
- Top Paying Jobs in Finance with a Master's Degree
- Global Salary Comparision
- Career Prospects in the USA
- Career Prospects in Australia
- Career Prospects in Germany
- Career Prospects in Canada
- Career Prospects in the UK
- Career Prospects in France
- Career Prospects In Ireland
- Career Prospects In Singapore
- Key Takeaways
- FAQs
Top Paying Jobs in Finance with a Master's Degree
A Master’s in Finance can be your key to some of the highest-paying jobs. This advanced degree equips you with the specialised knowledge that financial institutions need. Because these skills are valuable, people with a Master’s in Finance can often demand high salaries.
If you have graduated from top universities with a master’s in finance then there are high chances that you are the most sought-after candidate. Here is a list of jobs after pursuing a master’s in finance:
- Financial Analyst: These professionals carefully examine financial information and prepare reports to help others make sound investment decisions. Their reports offer valuable insights that guide investment decisions.
- Investment Banker: Investment bankers assist companies with complex financial transactions, such as mergers and fundraising. They provide expert advice on raising capital, mergers, acquisitions, and restructuring.
- Financial Manager: They oversee a company’s financial health, managing tasks like budgeting and planning. They develop and execute financial strategies, manage budgets, and ensure economic stability.
- Risk Analyst: Risk analysts identify and manage financial risks within organisations, ensuring they comply with regulations. They develop strategies to mitigate these risks and protect the company’s financial position.
- Financial Controller: They are responsible for a company’s financial operations and reporting, ensuring accuracy and adherence to accounting standards. Financial controllers also provide financial analysis and support to management, helping them make informed business decisions.
- Wealth Manager: Wealth managers provide personalised financial planning and investment advice to high-net-worth individuals. Wealth managers create personalised strategies by understanding their client’s financial goals and risk tolerance, including investments, tax, estate, and retirement.
Note: The job prospects after pursuing a master’s in finance are diverse and you have many other options as well.
Global Salary Comparision
Different countries offer varied salaries to graduates who have pursued master’s in finance. The following table provides a comparison of salaries after pursuing a master’s in finance in the key countries:
| Country | Average Salary (per year) | Top Recruiters |
|---|---|---|
| USA | $60,000 to over $100,000 (INR 54.1 to 90.2 Lakhs) | Goldman Sachs, JP Morgan Chase, Morgan Stanley, Bank of America Merrill Lynch |
| Australia | AUD 80,000 to AUD 120,000 (INR 48.2 to 72.4 Lakhs) | Peoplebank, Titan Recruitment, Greythorn, BEON.tech, Mind Recruitment |
| Germany | €59,000 to €90,000 (INR 61.9 to 94.4 Lakhs) | Siemens, Daimler, BMW, Volkswagen |
| Canada | CAD 90,000 to CAD 130,000 (INR 58.3 to 84.2 Lakhs) | McKinsey, BCG, Bain & Company |
| UK | £60,000 - £100,000 (INR 72.6 Lakhs to 1.2 Crore) | Barclays, HSBC, JPMorgan Chase, Morgan Stanley |
| France | €40,000 to €60,000 (INR 42.0 to 62.9 Lakhs) | TotalEnergies, L'Oréal, Airbus, Renault |
| Ireland | €45,000 - €66,000 (INR 47.2 to 69.2 Lakhs) | CRH, Kerry Group, Ryanair |
| Singapore | SGD 80,000 - SGD 120,000 (INR 56.0 to 84.0 Lakhs) | Singapore Airlines, CapitaLand, Singtel |
Career Prospects in the USA
The demand for skilled financial professionals in the USA is at its peak. Pursuing a master’s in finance in the USA, you’ll understand various financial aspects, including investments, financial markets, banking operations, global economic trends, and international finance. The USA has the world’s largest and most liquid capital markets, providing unparalleled opportunities in investment banking, equity research, and trading.
Investing in a Master’s in Finance can yield significant financial rewards. Graduates with this degree have an average salary base of $60,000 to $100,000 annually. Here is a list of job prospects in the USA which offer salaries after pursuing a master’s in finance:
| Job Post | Average Salary (per year) |
|---|---|
| Financial Analyst | $83,000 (INR 74.9 Lakhs) |
| Credit Analyst | $118,600 (INR 1.1 Crore) |
| Finance Manager | $72,000 (INR 64.9 Lakhs) |
| Investment Banker | $200,000 (INR 1.8 Crore) |
| Finance Director | $140,955 (INR 1.3 Crore) |
| Financial Service Sales Agent | $64,000 (INR 57.7 Lakhs) |
| Financial Advisor | $57,000 (INR 51.4 Lakhs) |
| Senior Financial Analyst | $84,803 (INR 76.5 Lakhs) |
Career Prospects in Australia
Studying for a Master of Finance (MFin) in Australia provides access to diverse job options in the finance industry, known for high pay and a wide range of positions.
According to a popular QS ranking, 18 universities from Australia are among the world’s Top 323 accounting and finance subject rankings. And it is worthwhile to say that 5 have been placed in the Top 50 QS universities. The average salary in Australia is AUD 80,000 to AUD 165,000. Here is a list of jobs and the salaries after pursuing a master’s in finance:
| Job Post | Average Salary (per year) |
|---|---|
| Financial Analyst | AUD 98,000 (INR 59.1 Lakhs) |
| Credit Analyst | AUD 88,000 (INR 53.1 Lakhs) |
| Finance Manager | AUD 140,000 (INR 84.4 Lakhs) |
| Investment Banker | AUD 200,000 (INR 1.2 Crore) |
| Finance Director | AUD 165,181 (INR 99.6 Lakhs) |
| Financial Service Sales Agent | AUD 77,500 (INR 46.7 Lakhs) |
| Financial Advisor | AUD 110,000 (INR 66.3 Lakhs) |
| Senior Financial Analyst | AUD 131,500 (INR 79.3 Lakhs) |
Career Prospects in Germany
Germany is a global leader in sustainable finance, providing opportunities for those interested in ESG (Environmental, Social, and Governance) investing and green finance. After obtaining a Master of Science in Finance in Germany, the typical salary is determined by various factors such as the person’s expertise, the particular sector, the location, and the company.
Multiple sections of the finance industry provide different salary ranges. For instance, the salaries in investment banking and private equity are typically higher than those in corporate finance or financial planning.
Generally, salaries are higher in prominent economic centres such as Frankfurt, Munich, and Berlin because of the presence of financial institutions and multinational corporations. The average salary in Germany is €60,000 to €115,000. Here is a list of jobs and the salaries after pursuing a master’s in finance:
| Job Post | Average Salary (per year) |
|---|---|
| Financial Analyst | €66,000 (INR 69.2 Lakhs) |
| Credit Analyst | €65,000 (INR 68.2 Lakhs) |
| Finance Manager | €82,750 (INR 86.8 Lakhs) |
| Investment Banker | €115,000 (INR 1.2 Crore) |
| Finance Director | €107,886 (INR 1.1 Crore) |
| Financial Service Sales Agent | €74,000 (INR 77.6 Lakhs) |
| Financial Advisor | €60,000 (INR 62.9 Lakhs) |
| Senior Financial Analyst | €67,297 (INR 70.6 Lakhs) |
Career Prospects in Canada
Graduates in Canada with a Master’s in Finance have various promising job opportunities. Top financial institutions look for graduates who have completed a master’s in finance due to their strong economic knowledge and analytical skills, making them valuable in the Canadian job market. Most Canadian universities have tie-ups with industries and corporations that provide students with different career options, such as internships, part-time jobs, and even full-time employment.
Canada provides an ideal environment for establishing a prosperous career in finance, boasting strong industry ties and a great financial sector. The average salary in Canada is between CAD 60,000 to CAD 130,000. Here is a list of jobs and salaries after pursuing a master’s in finance:
| Job Post | Average Salary (per year) |
|---|---|
| Financial Analyst | CAD 67,585 (INR 43.8 Lakhs) |
| Credit Analyst | CAD 59,119 (INR 38.3 Lakhs) |
| Finance Manager | CAD 103,927 (INR 67.3 Lakhs) |
| Investment Banker | CAD 139,275 (INR 90.3 Lakhs) |
| Finance Director | CAD 214,475 (INR 1.4 Crore) |
| Financial Service Sales Agent | CAD 45,044 (INR 29.2 Lakhs) |
| Financial Advisor | CAD 61,307 (INR 39.7 Lakhs) |
| Senior Financial Analyst | CAD 103,458 (INR 67.0 Lakhs) |
Career Prospects in the UK
The UK’s leading financial institutions are having to adapt to keep up with trends such as cyber security, artificial intelligence (AI) and cloud services. The diverse field of finance provides a wide range of positions, each with different responsibilities, high salaries, and growth potential.
These positions play a crucial role in the financial industry and can also lead to a prosperous career in the UK job market. The average salary in the UK is between £33,000-£63,000. Here is a list of jobs and salaries after pursuing a master’s in finance in the UK:
| Job Post | Average Salary (per year) |
|---|---|
| Financial Analyst | £34,444 (INR 41.7 Lakhs) |
| Credit Analyst | £60,031 (INR 72.6 Lakhs) |
| Finance Manager | £40,577 (INR 49.1 Lakhs) |
| Investment Banker | £33,512 (INR 40.5 Lakhs) |
| Finance Director | £80,000 (INR 96.8 Lakhs) |
| Financial Service Sales Agent | £34,836 (INR 42.2 Lakhs) |
| Financial Advisor | £57,983 (INR 70.2 Lakhs) |
| Senior Financial Analyst | £63,788 (INR 77.2 Lakhs) |
Career Prospects in France
The increasing demand for specialised roles in the finance sector following a Master’s degree in Finance in France is a significant trend. Institutes like EDHEC are ranked across the globe. Graduates with a Master of Finance degree can explore various areas, including commercial banking, investment banking, asset management, risk management, and financial planning.
This trend reflects the need for experts who can overcome specific economic challenges and create better opportunities. Here is a list of jobs and salaries after pursuing a master’s in finance in France:
| Job Post | Average Salary (per year) |
|---|---|
| Financial Analyst | €52,500 (INR 55.1 Lakhs) |
| Credit Analyst | €49,000 (INR 51.4 Lakhs) |
| Finance Manager | €72,500 (INR 76.1 Lakhs) |
| Investment Banker | €93,000 (INR 97.6 Lakhs) |
| Finance Director | €115,000 (INR 1.2 Crore) |
| Financial Service Sales Agent | €35,500 (INR 37.2 Lakhs) |
| Financial Advisor | €62,683 (INR 65.8 Lakhs) |
| Senior Financial Analyst | €90,576 (INR 95.0 Lakhs) |
Career Prospects In Ireland
A Master’s in Finance offers promising career opportunities in Ireland’s growing financial sector. Dublin is known as a financial hub with a lot of financial service firms. This advanced degree provides you with valuable skills that banks and financial firms seek. From analysing investments to managing risk, a Master’s in Finance opens doors to various roles like financial analyst or risk analyst. This qualification strengthens your chances of getting a rewarding job in Ireland. Here is a list of jobs and salaries after pursuing a master’s in finance in Ireland:
| Job Post | Average Salary (per year) |
|---|---|
| Financial Analyst | €46,400 (INR 48.7 Lakhs) |
| Credit Analyst | €52,500 (INR 55.1 Lakhs) |
| Finance Manager | €83,000 (INR 87.1 Lakhs) |
| Investment Banker | €73,800 (INR 77.4 Lakhs) |
| Finance Director | €110,000 (INR 1.2 Crore) |
| Financial Service Sales Agent | €35,000 (INR 36.7 Lakhs) |
| Financial Advisor | €45,286 (INR 47.5 Lakhs) |
| Senior Financial Analyst | €65,000 (INR 68.2 Lakhs) |
Career Prospects In Singapore
Singapore offers varied jobs after pursuing a master’s in finance. Graduates get jobs in banking, finance, capital markets, asset/wealth management, etc. Employers highly value masters in finance graduates for their strategic thinking, strong leadership abilities, and flexibility. The average salary offered in Singapore is SGD 80,000- SGD 120,000. Here is a list of jobs and salaries after pursuing a master’s in finance in Singapore:
| Job Post | Salary |
|---|---|
| Financial Analyst | SGD 58,803 (INR 41.2 Lakhs) |
| Credit Analyst | SGD 73,000 (INR 51.1 Lakhs) |
| Finance Manager | SGD 120,000 (INR 84.0 Lakhs) |
| Investment Banker | SGD 190,000 (INR 1.3 Crore) |
| Finance Director | SGD 240,000 (INR 1.7 Crore) |
| Financial Service Sales Agent | SGD 72,780 (INR 51.0 Lakhs) |
| Financial Advisor | SGD 98,496 (INR 68.9 Lakhs) |
| Senior Financial Analyst | SGD 96,053 (INR 67.2 Lakhs) |
Key Takeaways
A Master’s in Finance opens doors to lucrative global careers with salaries ranging from INR 29.2 Lakhs to 1.8 Crore annually. Investment banking roles offer the highest compensation, with US positions reaching $200,000 (INR 1.8 Crore) and Singapore roles at SGD 240,000 (INR 1.7 Crore). Countries like Germany and Canada provide strong financial ecosystems with competitive packages between €60,000–€115,000 and CAD 60,000–CAD 130,000 respectively.
Top recruiters including Goldman Sachs, JP Morgan, McKinsey, and BCG actively seek finance graduates with advanced degrees. UK and Australian markets offer balanced growth opportunities with salaries from £33,000–£100,000 and AUD 80,000–AUD 165,000. France and Ireland present emerging finance hubs with expanding career prospects in sustainable finance and fintech.
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FAQs
What is the average pay structure for an MBA finance graduate?
The average salary for an MBA Finance graduate can vary depending on several factors, including experience, industry, and location. However, graduates earn an average of $125,000.
How much money does someone with an MBA in finance make without experience?
Even without experience, an MBA in Finance can earn a good starting salary of around $75,572.
Which jobs are available for Master of Finance graduates?
A Master’s in Finance opens doors to a wide range of exciting careers in finance. Some jobs include:
- Financial Analyst: Analysing financial data and providing insights for investment decisions.
- Risk Analyst: Identifying and managing financial risks within companies.
- Financial Manager: Overseeing a company’s financial health, managing budgets, and planning for the future.
- Investment Banker: Assisting companies with complex financial transactions like mergers and acquisitions.
- Wealth Manager: Providing personalised financial planning and investment advice to high-net-worth individuals.
Which country has the highest wages in the finance industry?
The countries with the highest salaries after pursuing a master’s in finance tend to be significant financial centres like the United States, Canada, and the United Kingdom. However, the cost of living can also be higher in these countries, so it’s essential to consider all factors before deciding.
Is a Master's in Finance worth it if I don't want to work in traditional finance?
The skills learned in a Master’s in Finance programme, like financial analysis and data modelling, can be valuable in various sectors beyond traditional finance. These skills can be applied to consulting, tech startups, or non-profit organisations.
What are the top recruiting companies for Master's in Finance graduates?
Goldman Sachs, JP Morgan Chase, Morgan Stanley, McKinsey, BCG, and Barclays are leading recruiters globally.
How long does a Master's in Finance degree typically take to complete?
Most Master’s in Finance programmes take 9 to 16 months full-time or up to 22 months part-time.
Can I pursue a Master's in Finance without a background in finance or economics?
Yes, many universities offer bridging courses or accept students from quantitative backgrounds like mathematics, engineering, or sciences.
What is the difference between an MSc in Finance and an MBA with Finance specialisation?
An MSc in Finance focuses specifically on financial theory and technical skills, whilst an MBA covers broader management topics.
What GMAT score is competitive for top Master's in Finance programmes?
Competitive programmes typically see GMAT scores between 650 and 730, though many now offer test-optional admissions.
If you are an aspirant looking to study at your dream university, book an appointment with AdmitX today and start your applications early to avail yourself of all the benefits.
