Finance students abroad offer a valuable opportunity for students to enter the global market. These courses help students learn strong money skills. Students will get to learn topics such as banking, corporate finance, international markets, risk management, etc. Learning these skills helps students get high-paying jobs.

However, understanding the best finance degree institutions abroad helps students to make informed decisions. This blog will help students identify the top-ranked universities in the world's leading countries and assist them in selecting the best option.

Why Study Finance Abroad?

Studying finance abroad gives students a strong advantage in the global market. The reasons are 

  • Global Exposure: Helps students to gain world exposure, learn international financial systems, markets, etc.
  • Quality Education: Students get access to cutting-edge research and a practical curriculum.
  • Grow Network:  Gets a chance to connect with global professors, industry experts, etc.
  • Career Advancement: Students, after completing their education, get employment in top financial organizations, consulting firms, etc.

What are the Best Colleges for Finance Degrees abroad?

As per the latest QS rankings, the top universities to study finance are listed below. 

  • Harvard University, the US

  • Massachusetts Institute of Technology(MIT), the US

  • Stanford University, the US

  • University of Oxford, the United Kingdom

  • University of Chicago, the US

  • University of Cambridge, the United Kingdom

  • University of California, the US

  • The London School of Economics and Political Science(LSE)- London, United Kingdom

  • University of Pennsylvania, the US

  • Yale University, the US

Top Finance Courses Abroad

Before choosing a university, it is important to understand what financial programs are available for students.

  • Bachelor's in Finance Abroad: This course is a four-year degree that covers money basics, corporate finance, suitable for entry-level roles.
  • Master's in Finance Abroad: An advanced degree for up to two years. This course takes you deep into investment banking, global finance, etc. This is suitable for students who change careers.
  • MBA with Finance Specialization: This is a general business degree with a focus on finance. Students can learn management strategies and leadership skills besides finance.
  • Short-term Certifications and Diplomas: These include programs like a “financial modeling course abroad” or “certified financial planner program abroad”.

What are the Best Countries to Study Finance

Many countries in the world are offering courses in Finance. Let us understand and explore what the top universities in the top countries are offering in courses in finance.

The United States

The US is one of the most favourite destinations for students due to the numerous opportunities it has for students. Newyork is often considered the financial capital of the world. 

Many investment groups and banks have their headquarters in the US. Chicago is a favourite for trading, while Boston is known for its asset management business. Therefore, the United States could be the best choice for studying finance for numerous opportunities. 

The Best American Universities for Finance Studies:

  • Harvard University

  • Massachusetts Institute of Technology(MIT)

  • Stanford University

  • University of Pennsylvania

  • Yale University

  • University of Chicago

  • University of California

  • University of Portland

The United Kingdom

The United Kingdom is one of the leading destinations for finance studies. The UK is home to numerous globally recognized universities offering prestigious finance programs. The country offers a wide range of finance programs at top-ranked universities.

Based on the QS world university rankings and other sources, below is the list of the top universities in the UK for Finance.

The Top UK Universities for Finance Studies:

  • University of Oxford, the United Kingdom

  • University of Cambridge, the United Kingdom

  • The London School of Economics and Political Science(LSE) - London, United Kingdom

  • London Business School, UK

  • Imperial College London

Germany

In Europe, Germany stands at the top of the list. Most of the public universities in Germany offer bachelor's and master's degrees for free. This includes the finance discipline, and students belong to all nationalities are eligible. The student just has to bear the living expenses and some costs related to the administration.

The Top Universities in Germany for Finance Studies:

  • University of Cologne

  • CBS International Business School

  • IU International University of Applied Science

  • Ludwig Maximilian University of Munich

  • Humboldt University of Berlin

Switzerland

Switzerland is home to the headquarters of some big global banking and trading firms. Getting jobs in some of the big companies is easier here. Speaking in French or German is an added advantage for students. 

The Top Universities in Switzerland for Finance Studies:

  • University of St. Gallen

  • Sustainability Management School

  • University of Zurich

  • University of Geneva

  • University of Lausanne

Australia

Many top-ranked universities are in Australia for finance studies. It offers a broad range of finance programmes for students across the world. Australia has numerous opportunities for talented students. 

The Top Universities in Australia for Finance Studies:

  • University of Melbourne

  • UNSW Sydney

  • University of Sydney

  • Monash University

  • Australian National University

The Eligibility Required to Study Finance Abroad

  • A Bachelor's degree from a reputed university.

  • Test scores of entrance exams, such as the GMAT/GMAT

  • Scorecard of English proficiency exam, like IELTS, Duolingo, or TOEFL.

  • LOR(Letter of Recommendation)

  • Statement of Purpose

  • Resume

However, the eligibility may change based on the finance course and the country. It is recommended to check with the university for the clear eligibility criteria.

What are the Career Opportunities after a Finance Degree

Below are a few of the opportunities that students would get after completing a finance degree.

  • Investment Banker

  • Financial Analyst

  • Portfolio Manager

  • Risk Manager

  • Financial Consultant

  • Fintech Analyst

  • Corporate Finance Executive

Scholarship Students can try

Scholarships help students fund their education abroad in finance. Below are the scholarships that students can try and get some financial assistance.

  • Chevening Scholarships(UK)

  • Fulbright-Nehru Fellowship

  • DAAD scholarships

  • Australia Awards

  • INSEAD Need-Based Scholarships

Since you are planning to study finance abroad, planning your finances is important for a seamless education experience. Many students struggle to manage their finances when faced with issues during their abroad education plans.WeMakeScholars is here to help you solve such issues. 

Obtaining an education loan to fund your studies can be quite challenging, with different lenders offering varying options. Contact WeMakeScholars, an organisation partnered with over 15 public and private lenders. When you apply for an education loan through us, our experienced team will help you find the most suitable loan for your higher studies.

How to apply for an education loan Via WeMakeScholars

  • Visit our website and fill in all the details in the loan application provided 

  • Our Financial Officer will contact you within 2 days.

  • Once you receive a callback, provide all the details asked by our Financial Officer.

  • Our financial officer will check your loan eligibility and will connect you to Tata Capital.

  • Submit all the documents shared by our team in our WeMakeScholars document portal only.

  • Once you submit your documents, your file will be logged in.

  • Within 6 working days, you will receive your loan sanction letter from the bank.

Conclusion

Studying finance abroad is one of the smartest decisions that anyone can make in life. It not only prepares you with global knowledge and exposure but also opens doors to many international opportunities. In this blog, we have covered the top universities and countries that offer Finance studies. Understanding this helps students take the appropriate steps towards their education journey.