M.S. in Applied Mathematics
The M.S. in Applied Mathematics at the University of Massachusetts Amherst (UMass Amher...
Master of Finance (M.Fin.)
Amherst, Massachusetts
INTAKE: September
Program Overview
The Master of Finance (M.Fin.) program at the University of Massachusetts Amherst (UMass Amherst) is a prestigious and comprehensive graduate program designed to provide students with a deep understanding of finance theory, quantitative analysis, and practical skills. UMass Amherst's M.Fin. program prepares students with a strong foundation in finance theory, quantitative analysis, and practical skills, making them competitive candidates for a wide range of finance-related careers. Graduates from this program are well-positioned to excel in the ever-evolving financial industry.The Master of Finance (M.Fin.) program at UMass Amherst, with its STEM designation and AACSB accreditation, offers a robust educational experience that equips students with the knowledge and skills needed to excel in the dynamic and data-driven world of finance. It is a testament to UMass Amherst's commitment to providing students with a world-class finance education.
Curriculum:
1. STEM-Designated Curriculum: The STEM designation of the M.Fin. program underscores its emphasis on quantitative skills, data analysis, and financial modeling. This designation is particularly valuable for international students, as it may provide them with an extended Optional Practical Training (OPT) period to gain practical work experience in the United States.
2. AACSB-Accredited Program: The M.Fin. program is accredited by AACSB International, a hallmark of quality in business education. AACSB accreditation reflects the program's commitment to rigorous academic standards, continuous improvement, and faculty excellence. It assures students that they are receiving a top-tier education that aligns with global business education standards.
3. Comprehensive Curriculum: The M.Fin. program offers a comprehensive curriculum covering key finance topics such as corporate finance, investments, financial modeling, risk management, and financial derivatives. The program emphasizes both theory and practical applications, ensuring that graduates are well-equipped for the finance industry's challenges.
4. Quantitative Skills: With its STEM designation, the program places a strong emphasis on developing students' quantitative and analytical skills. Students learn to leverage data and mathematical models to make informed financial decisions, which is increasingly vital in the finance sector.
5. Experiential Learning: UMass Amherst offers opportunities for hands-on learning through internships, case competitions, and collaborative projects with industry partners. Students gain real-world experience and build professional networks.
6. Faculty Expertise: The program boasts a faculty of experienced finance professionals and scholars who bring their industry insights and research expertise into the classroom. Students benefit from the faculty's guidance and mentorship.
7. Career Services: UMass Amherst provides robust career services to help students explore job opportunities, refine their resumes, and prepare for interviews. The program has a strong track record of placing graduates in prestigious finance positions.
8. Diversity and Inclusion: The university values diversity and inclusion, creating an inclusive learning environment that welcomes students from diverse backgrounds and perspectives. This enriches the academic experience and prepares students for a globalized finance industry.
9. Networking: Located in the thriving finance hub of the Greater Boston area, UMass Amherst offers students access to a vast network of finance professionals, alumni, and potential employers. Networking events and alumni connections are integral to the program.
Location
Amherst, Massachusetts
Score
IELTS: 6.5
Tuition Fee
USD 42974
Entry Requirements for Postgraduate Programs
Application Fees : US$ 90
1. Academic Qualifications:
- Applicants must hold a bachelor's degree or its equivalent from a recognized institution.
- A minimum undergraduate GPA equivalent to 65% or above is required.
2. English Language Proficiency:
- IELTS (International English Language Testing System) with an overall score of 6.5 or higher. No individual band score should be less than 6.0.
- TOEFL iBT (Test of English as a Foreign Language) with an overall score of 80 or higher.
- DET (Duolingo English Test) with a score of 105 or higher.
- PTE (Pearson Test of English) with a score of 53 or higher.
The University of Massachusetts, Amherst (UMass Amherst), offers various scholarships and financial aid options to international students to help make their education more affordable.
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International Students Scholarships: UMass Amherst provides several merit-based scholarships specifically for international students. These scholarships are awarded based on academic achievement, leadership, and other criteria. The exact eligibility requirements and award amounts may vary, so it's essential for students to check with the university's financial aid office for the most up-to-date information.
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Graduate Assistantships: International graduate students can explore opportunities for assistantships, which may include research assistantships, teaching assistantships, or administrative roles. These positions often provide a stipend, tuition remission, and valuable professional experience.
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Fulbright Scholarships: UMass Amherst participates in the Fulbright Program, which offers scholarships to international students pursuing graduate studies, research, or teaching at U.S. universities.
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Global Scholars Program: This program is designed for academically talented undergraduate international students. It provides partial tuition waivers and is competitive based on academic achievement.
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External Scholarships: UMass Amherst encourages international students to explore external scholarship opportunities, such as those offered by governments, foundations, and organizations in their home countries.
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Research and Departmental Scholarships: Some academic departments and research centers at UMass Amherst offer scholarships and funding opportunities for international students engaged in specific research projects or academic programs.
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Athletic Scholarships: International students who excel in sports may have opportunities to receive athletic scholarships if they join UMass Amherst's athletic teams and meet the eligibility criteria.
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Private Scholarships: UMass Amherst encourages students to search for private scholarships that align with their interests, background, or field of study. These scholarships may be available from non-profit organizations, corporations, and foundations.
It's crucial for international students to research scholarship opportunities, meet application deadlines, and fulfill any specific requirements for each scholarship program.
The Master of Finance (M.Fin.) program at the University of Massachusetts Amherst (UMass Amherst) offers a dynamic and comprehensive education in finance, equipping graduates with the skills and knowledge necessary for successful careers in the financial industry.
1. Financial Analyst: M.Fin. graduates often begin their careers as financial analysts. They are responsible for evaluating investment opportunities, assessing financial data, and providing recommendations for investment decisions. Financial analysts work in various sectors, including corporate finance, investment banking, and asset management.
2. Investment Banking: Graduates with an M.Fin. degree are highly sought after by investment banks. They work on mergers and acquisitions, initial public offerings (IPOs), and other financial transactions. Investment bankers play a pivotal role in helping companies raise capital and make strategic financial decisions.
3. Asset Management: Asset management firms hire M.Fin. graduates to manage investment portfolios, including stocks, bonds, and other assets, on behalf of clients. Portfolio managers and research analysts are common roles in this sector.
4. Risk Management: Financial institutions and corporations rely on risk management professionals to assess and mitigate financial risks. M.Fin. graduates can work as risk analysts, credit analysts, or risk consultants to identify potential risks and develop strategies for risk mitigation.
5. Corporate Finance: Many graduates pursue careers in corporate finance, working for companies in various industries. They manage financial operations, analyze budgets, and make financial decisions to support the growth and profitability of the organization.
6. Financial Planning and Advisory: M.Fin. graduates may become certified financial planners (CFPs) or financial advisors, helping individuals and families plan for their financial futures. They provide advice on investments, retirement planning, and wealth management.
7. Quantitative Finance: For those with a strong quantitative background, quantitative finance roles are attractive options. These roles involve using mathematical and statistical models to analyze financial data, assess risks, and develop trading strategies.
8. Consulting: Management consulting firms often recruit M.Fin. graduates for their expertise in financial analysis and strategy. Consultants work with clients to solve complex financial problems and improve their financial performance.
9. FinTech: With the rise of financial technology (FinTech), there are growing opportunities for M.Fin. graduates to work in startups and established companies that develop innovative financial products and services.
10. Entrepreneurship: Some graduates choose to apply their finance knowledge to entrepreneurial ventures, such as starting their own investment firms, FinTech startups, or financial consulting businesses.
11. Government and Regulatory Agencies: Graduates interested in public policy and regulation can pursue careers in government agencies or regulatory bodies related to finance, where they play a role in shaping financial regulations and ensuring compliance.
12. Academia and Research: For those interested in academia and research, an M.Fin. can be a stepping stone to pursuing a Ph.D. in finance and becoming a professor or researcher in the field.
13. Global Opportunities: Finance is a global field, and M.Fin. graduates often have opportunities to work internationally or for multinational corporations, leveraging their finance expertise on a global scale.
