Higher Studies in Finance: Your Guide to Advancing Your Career
Are you considering taking higher studies in finance career to the next level? Higher studies in finance can open incredible opportunities, from specializing in investment management to becoming a global financial strategist. Whether you’re a finance graduate, an aspiring analyst, or a career changer seeking a fresh start, this guide is here to help you understand the value of advanced finance degrees and how to take that next step.
By the end of this blog, you’ll know the benefits of pursuing higher studies in finance, popular degrees and programs to explore, global study destinations, and how to set yourself up for success.
Why Consider Higher Studies in Finance?
Unlock Lucrative Career Paths
The finance industry offers some of the most rewarding careers, but climbing the ladder often requires more than a bachelor’s degree. Advanced studies make you a stronger candidate for high-paying roles like financial analyst, investment banker, CFO, or risk management specialist.
For example, earning a Master’s in Finance could increase your earning potential significantly. According to GMAC, master’s degree holders in finance can earn up to 50% more than those with just a bachelor’s degree in finance.
Stay Competitive in a Rapidly Evolving Industry
The finance world is constantly evolving, with automation, machine learning, and data analytics taking center stage. An advanced qualification provides in-depth knowledge of emerging industry trends like fintech, sustainable finance, and advanced portfolio management.
Programs like an MSc in Financial Engineering or a certificate in fintech innovations will ensure you stay ahead in this technology-driven field.
Broaden Your Skillset
Higher studies allow you to refine and expand your current skillset. You’ll gain exposure to advanced concepts like corporate valuation, global market trends, quantitative modeling, and strategic financial planning. Additionally, institutions often encourage collaborative projects, equipping you with leadership and communication skills that are essential for working in diverse global teams.
Access Global Opportunities
If you’re interested in working abroad, studying in an international program can be the stepping stone to global exposure, creating pathways for employment in countries like the US, the UK, Canada, or Australia.
Popular Degrees in Finance for Higher Studies
If you’ve decided to advance your education, the next step is choosing the right program. Here are some of the most sought-after degrees and certifications:
Master’s in Finance (MFin)
Perfect for finance grads looking for specialization, an MFin equips you with expertise in areas like corporate finance, risk management, and portfolio analysis.
Duration: 1-2 years
Popular Institutions:
- London School of Economics (UK)
- Massachusetts Institute of Technology (USA)
- HEC Paris (France)
Master of Business Administration – Finance Focus (MBA)
An MBA with a focus on finance provides a broader business perspective while offering specialized finance modules. Ideal for those eyeing leadership roles in banks, corporations, or startups.
Duration: 1-2 years
Popular Institutions:
- Harvard Business School (USA)
- INSEAD (Global, including France and Singapore)
- IBA (Bangladesh)
Chartered Financial Analyst (CFA)
If you’re seeking a flexible option, the CFA certification could be a great choice. Recognized globally, the CFA provides expertise in investment management and financial analysis. While pursuing the CFA doesn’t require university enrollment, it’s a rigorous and rewarding program.
Duration: Self-paced, with three exam levels
Career Prospects: Analyst, portfolio manager, hedge fund manager
Specialized Financial Degrees
Looking to niche down? Degrees like Master’s in Financial Engineering, Quantitative Finance, or Fintech provide specialized knowledge and train you for cutting-edge roles.
Duration: 1-2 years
Popular Institutions:
- New York University (USA)
- Imperial College London (UK)
Short Certificates & Online Programs
If committing to years of study isn’t feasible, short-term or online certifications might be for you. Programs from platforms like Coursera, edX, or top universities now offer accredited degrees online.
Examples include:
- Data Analytics for Finance Professionals (by Wharton)
- Sustainable Finance (by Cambridge)
Best Global Destinations for Studying Finance
United Kingdom
The UK remains a favorite hub for finance students. With access to world-class financial markets like the London Stock Exchange and leading universities, graduates often secure strong job placements.
Top Cities: London, Manchester, Oxford
Popular Schools:
- University of Cambridge
- London Business School
United States
Known for Ivy League institutions and dynamic banking ecosystems, the US is another top choice. NYC, often called the finance capital of the world, provides unparalleled networking opportunities.
Top Cities: New York, Boston, San Francisco
Popular Schools:
- Harvard University
- Stanford University
Europe
Finance studies in Europe provide an affordable yet top-quality education experience. Countries like France, Germany, and Switzerland offer globally renowned business schools and exceptional opportunities in financial markets.
Popular Schools:
- University of Geneva (Switzerland)
- ESSEC Business School (France)
Asia
Affordable tuition fees and a booming financial market make Asian cities popular destinations for Bangladeshi students. Singapore and Hong Kong are known for blending Western curricula with localized strategic insights.
Popular Schools:
- National University of Singapore
- Hong Kong University of Science and Technology
How to Get Started
If the idea of pursuing higher studies in finance excites you, here are a few steps to get started:
Research Your Options
Explore what each program offers and match it to your personal and professional goals. Consider location, tuition fees, scholarship options, and career support services.
Strengthen Your Application
Make sure your application stands out. Demonstrate strong academic credentials, relevant work experience, and leadership qualities. Top schools often look for candidates who bring both academic and professional value to the table.
Use Scholarships or Funding Options
Studying abroad doesn’t have to break the bank. Many universities offer scholarships, bursaries, or assistantships for international students. Platforms like DAAD (Germany) and British Council (UK) are great places to start your hunt for scholarships.
Build Your Network
Networking is key to ensuring a smooth entry into top finance schools. Participate in finance webinars, virtual meetups, or career expos to meet educational consultants and alumni.
Take Charge of Your Future in Finance
An advanced degree or certification in finance is more than just an educational pursuit—it’s an investment in yourself. From improved career prospects to global opportunities, higher studies in finance position you to excel in the competitive world of business.
If you’re unsure where to begin, seek out educational consultants who specialize in helping Bangladeshi students study abroad. Together, they can help align your career aspirations with the right opportunities.
Start today and take one step closer to your dream finance career.
Get Started Today
Take the first step toward your future by booking a consultation with BIIC’s expert team. Whether you’re just beginning the process or need support with your visa, BIIC is here to help.
Contact Information:
- Address: 111/A, Zeenat Center 2, Road 07, Sector 04, Rajlokkhi, Uttara, Dhaka 1230, Bangladesh
- Phone:+88 01329-719519 / +8809613820821
- Email: banglayielts@gmail.com
- Website: biic.com.bd
- Social Media: Check out their YouTube and Facebook pages for updates, tips, and success stories.