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Finance

Specialization

Finance courses teach students the knowledge and abilities to comprehend financial markets, evaluate financial data, choose wisely when investing, control risk, and make long-term plans. The course covers various topics linked to money and money management; it is not just restricted to accounting or finance in general. Public finance, personal finance, and corporate finance are the three main areas of finance.

Scope & Opportunities

Undergraduate, graduate, and doctorate degrees are among the levels at which finance courses are offered in India. Additionally, candidates may choose to enrol in postgraduate finance diploma programs. To be eligible for UG-level finance courses, students must have completed their 10+2 with an aggregate of 50% or higher from an approved board or school. The BCom and BBA in Finance are among India's most well-liked undergraduate finance programmes. Enrolling in professional finance courses such as CA, CS, CFA, CPA, etc., is another way to pursue a career in finance.

Merit and entrance exams determine admission to finance programs at the undergraduate and graduate levels. ATMA, CUET, XAT, CAT, MAT, SNAP, and NMAT are widely recognised entrance exams for finance courses. IIM Bangalore, IIM Lucknow, Hindu College, and Shri Ram College of Commerce are a few of the prestigious universities that provide finance courses. The average course fee can range from INR 5,000 to INR 20, depending on the course. Since managing money is just as important as earning it, and since money is a significant part of everyone's life, finance is experiencing rapid growth in employment prospects. Therefore, there will always be a need for qualified financial professionals.

Following finance courses, people can pursue high-profile jobs, such as investment advisor, investment banker, portfolio manager, chief financial manager, etc. As they gain experience, they can advance from an initial average salary of INR 5 to 6 LPA. Prospective students can read on for more details about finance courses.

Study Finance Abroad: Key Features

Feature	Information
Total Number of Universities	Varies by country
Best Countries to Pursue Finance	USA, UK, Canada, Australia, Germany, Ireland
Courses Available	Bachelor's, Master's, PhD
Duration	3-4 years (Bachelor's), 1-2 years (Master's), 3-5 years (PhD)
Exams Required	SAT/ACT (Bachelor's), GRE/GMAT (Master's/PhD)
Annual Tuition Fees	INR 20,00,000 - INR 70,00,000
Average Salary per annum	INR 50,00,000 - INR 1,20,00,000
Intakes Available	Fall, Spring
Top Universities	Harvard, Stanford, MIT, London School of Economics, University of Chicago, University of Melbourne
Top Scholarships	Fulbright, Rhodes, Chevening, DAAD, Erasmus Mundus
Top Career Opportunities	Investment Banker, Financial Analyst, Portfolio Manager, Financial Consultant, Risk Manager

Best Finance Colleges in the World for Indian Students

University Name	QS World University Rankings 2024 (Finance)	Annual Tuition Fees (INR)
Harvard University	1	INR 42,00,000
Stanford University	2	INR 48,00,000
Massachusetts Institute of Technology (MIT)	3	INR 41,00,000
University of Chicago	4	INR 41,00,000
London School of Economics	5	INR 33,00,000
University of Melbourne	6	INR 30,00,000
University of Oxford	7	INR 30,00,000
University of Cambridge	8	INR 33,00,000
University of Toronto	9	INR 30,00,000
National University of Singapore (NUS)	10	INR 18,00,000

Eligibility Requirement for Finance

Eligibility Criteria	Minimum Score/Requirement
Educational Qualifications	Completed 12th grade with high scores in relevant subjects
Standardised Tests	SAT: 1400+ / ACT: 30+ / GRE: 320+ / GMAT: 650+
Language Proficiency Test	TOEFL: 90+ / IELTS: 6.5+ / PTE: 65+
Immigration Requirements	Valid passport, student visa
Work Experience	Not typically required for undergraduate; 1-2 years preferred for postgraduate

Top Programs in Finance Abroad

University Name	Programs Offered
Harvard University	Bachelor of Arts in Economics, Master of Business Administration (MBA)
Stanford University	Bachelor of Arts in Economics, Master of Business Administration (MBA)
Massachusetts Institute of Technology (MIT)	Bachelor of Science in Management, Master of Finance
University of Chicago	Bachelor of Arts in Economics, Master of Business Administration (MBA)
London School of Economics	Bachelor of Science in Finance, Master of Science in Finance and Economics
University of Melbourne	Bachelor of Commerce in Finance, Master of Finance
University of Oxford	BA in Economics and Management, MSc in Financial Economics
University of Cambridge	BA in Economics, MPhil in Finance and Economics
University of Toronto	Bachelor of Commerce in Finance, Master of Financial Economics
National University of Singapore (NUS)	Bachelor of Business Administration (Finance), Master of Science in Finance

Cost of living & studying Finance Abroad

Country	Average Annual Tuition Fee Range (INR)	Estimated Annual Cost of Living (INR)
USA	INR 50,00,000 - INR 70,00,000	INR 12,00,000 - INR 20,00,000
UK	INR 30,00,000 - INR 80,00,000	INR 15,00,000 - INR 25,00,000
Canada	INR 20,00,000 - INR 40,00,000	INR 10,00,000 - INR 15,00,000
Australia	INR 20,00,000 - INR 50,00,000	INR 12,00,000 - INR 18,00,000
Germany	INR 13,50,000 - INR 30,00,000	INR 8,00,000 - INR 14,00,000
Ireland	INR 11,00,000 - INR 33,00,000	INR 12,00,000 - INR 18,00,000

Admissify offers extensive support for Indian students aiming to study finance abroad. Their services include personalised counselling, assistance with university applications, scholarship guidance, visa support, and help with accommodation arrangements. Admissify's global network of partnerships with top universities ensures students receive the best opportunities to achieve their academic and career goals.