What Can You Do with a Masters in Finance?
Anecdotally, Jones says the most common job title for MSF graduates is analyst.
“Analyst is such a broad term,” she says. “Some are financial analysts or treasury analysts. Some are evaluation analysts, data analysts, finance operations analysts. I mean, it could go on and on.”
According to a September, 2020 update from the Bureau of Labor Statistics, the demand for financial analysts is projected to grow faster than average for other occupations. The BLS projects 5% job growth through 2028, thanks to a growing range of financial products and services.
As for what can you do with a masters in finance skillset, the options span the full range of the financial services sector, and beyond. MSF students and alumni have pursued careers such as:
- Financial planning and analysis roles
- Portfolio management, including junior portfolio analysts
- Financial advisor
- Insurance underwriter
Banks and wealth management firms like Fidelity and Wellington are often top of mind employers for MSF students, but in reality, the hiring landscape for master in finance jobs is much more broad.
“The majority of our MSF students come to Babson wanting to go into some type of financial services,” says Jones. Yet the job landings tell a more diverse story, with graduates pursuing finance careers with large investment houses, small boutique firms, life sciences incubators, insurance providers, management consulting firms, large CPG companies, even startups and beyond.
There are pros and cons to different kinds of organizations. Large firms typically have better infrastructure for supporting and sponsoring international work visas, a particularly important benefit for international students who are drawn to Babson’s STEM masters degree programs like the MSF. Smaller boutique firms or entrepreneurial startups can provide rapid career growth and significant upside.