Master's Degrees in Banking

A master's degree in banking could include studying financial models and learning about a variety of tools used to make good investment decisions. Get information about types of degrees, typical courses and career options. Schools offering Finance degrees can also be found in these popular choices.

What Kinds of Master's Degrees Can I Earn for a Career in Banking?

Two major paths to entering the banking industry include obtaining a bachelor's degree in business administration or a bachelor's degree in any discipline followed by a Master of Business Administration (MBA) program. Earning an MBA with a concentration in finance can lead to a variety of career options in banking. An MBA program provides not only the numbers-crunching skills needed by financial analysts and other banking professionals but also the soft skills, or interpersonal skills, required for management.

Another degree option for aspiring bankers is a Master of Science in Finance. This more concentrated program prepares you for a career as a financial planner or analyst. It provides a more rigorous academic approach to finance disciplines than you will receive in a generalized MBA program. Earning this degree, versus an MBA, doesn't preclude you from moving into management either. If you are looking for a more specialized graduate degree in banking with a focus on management, another degree option is a Master of Science in Management with a specialization in banking and financial services management.

Degrees Areas Business administration, finance, management
Common Courses Corporate finance, marketing, portfolio management, accounting, business strategy
Online Availability Online format available; programs give instruction through discussion boards and videos
Work Environments Corporate finance, financial planning, investment banking, money management

What Will I Study?

If you choose to pursue an MBA, you will take core classes in various aspects of business and management. These include accounting, marketing, management, business strategy, economics and finance. Typically, after the first year you will take electives or courses in your chosen specialization. If you've elected to choose a concentration in finance, the courses you take will be similar to those in the M.S. options. Representative graduate banking and finance courses include the following:

  • Portfolio management
  • Advanced investments
  • Mergers and acquisitions
  • Investment banking
  • Fixed income securities and risk
  • Corporate finance

How Can I Earn My Degree Online?

If you need to continue working while earning your master's degree, an online program may be your best option. Fortunately, several banking and finance graduate degree programs are offered online. Online courses use a Web-based interface through which you participate in a variety of ways. Courses may consist of videos, online lectures and discussion boards. Through the course webpage, you can submit assignments and take examinations. The primary mode of communication with your instructor and fellow students is e-mail.

What Can I Do with This Degree?

In addition to rigorous coursework, your master's degree program in banking and finance will encourage, if not require, you to complete valuable internships. You may also participate in consulting through your degree program for a variety of firms, corporations and banks. This will give you experience solving real-world problems in areas that include the evaluation of funding sources, acquisition analysis and capital expenditure decisions.

Internships and student consulting opportunities open several career doors upon graduation. Banking and finance graduates often work in commercial and investment banking, corporate finance, financial planning and money management. Some specific career titles in banking include:

  • Senior financial analyst
  • Financial manager
  • Investment banking associate
  • Branch manager
  • Financial services sales agent
  • Trust officer
  • Loan counselor

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

  • 1. Degree Options:
The schools in the listing below are not free and may include sponsored content but are popular choices among our users. Tuition and costs will vary across programs and locations. Be sure to always request tuition information before starting a program.

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