A Master of Science in Finance (MS in finance) opens the door to high-paying roles across industries like banking, corporate finance, investment management, and consulting. Whether you’re seeking career advancement or the tools to become an entrepreneur, this degree can help you reach your goals. 

In this article, we’ll cover what you can do with an MS in finance, the jobs it prepares you for, and how The University of Texas Permian Basin’s online program makes earning your degree flexible and affordable. 

Why Earn a Master’s in Finance? 7 Reasons 

In finance, there’s a direct line from an organization’s actions to its profitability. Equipped with an advanced finance credential, you can make a significant impact on your organization’s bottom line. An MS in finance empowers you to: 

#1 Enjoy Greater Earning Potential and Job Security 

According to the 2022 GMAC Corporate Recruiters Survey, salaries for Master of Finance degree holders are on the rise, with a 15%+ increase in median salaries from $95,000 in 2021 to $110,000 in 2022 alone. Further, the U.S. Bureau of Labor Statistics (BLS) reports master’s degree holders are more likely to be employed than individuals with a degree from the undergraduate level or lower.   

#2 Land Top Roles in Top Companies 

What do Jeff Bezos, Martha Stewart, and former Nike CEO Phil Knight have in common? Apart from considerable fame and financial success, all of these entrepreneurs have a background in finance. In fact, most Fortune 500 company executives come from a finance background. An MS in finance can be your key to the C-suite.  

#3 Pursue a Broad Range of Rewarding Careers 

An MS in finance prepares you to follow many finance-related career paths, from executive leadership to crucial supporting roles. Here are a few examples of those roles and their median annual pay as reported by the BLS: 

#4 Develop Specialized Finance Expertise 

Unlike some other business degrees, an MS in finance provides students with a specific financial management perspective. The curriculum will help you hone your analytical and executive decision-making skills and build your expertise in statistics, business analytics, investments, corporate finance and strategy, and international finance.  

Elective courses in energy finance, investments, and risk management or financial services topics like real estate analysis or financial planning allow you to focus on your preferred industry emphasis. 

#5 Chart Your Own Course 

With the right combination of skills, credentials, and ambition, you can become an entrepreneur. As part of our online program, you’ll choose the elective courses that best suit your interests and professional goals. By following your passion, mastering the fundamentals, and putting in the effort, you just may become a household name! 

#6 Differentiate Your Resume 

While employers receive many MBA resumes for finance positions, an MS in finance indicates a more targeted financial education and can make your resume stand out.  

#7 Get to the Finish Line Faster 

An MS in finance program typically requires fewer credits than an MBA in finance program. 

Earn Your MS in Finance Online at UT Permian Basin 

The University of Texas Permian Basin offers a 100% online MS in finance that provides all these benefits —and so much more. Our program is: 

  • Rigorous
    Our online MS in finance features the same rigorous curriculum taught by the same industry-experienced, research-oriented faculty who teach at our Odessa, TX campus.

  • Recognized
    Offered through our renowned College of Business, this program has been awarded AACSB accreditation—a designation that just 5% of business programs worldwide share. Further, our program is among the very few Texas university programs of its kind to boast STEM certification.

  • Affordable
    We have some of the most competitive graduate tuition rates among accredited universities of our standing in the United States.

  • Convenient
    Delivered 100% online, our program enables students to complete coursework on a flexible schedule from virtually anywhere. This is an irreplaceable benefit when professional and personal commitments are also involved.

See where you can steer your career with an MS in finance! We accept applications year-round, so there’s no need to wait until the end of the current or any semester. Apply now! 

Sources: 

https://www.indeed.com/career-advice/finding-a-job/master-of-finance-job