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20 Best Masters In Finance Programs With The Highest Graduate Salaries

Want to earn big after business school? Find out which Masters in Finance programs deliver the biggest graduate salaries

Mon Aug 3 2020

BusinessBecause

Graduates from Masters in Finance (MiF) programs land jobs at top financial institutions like JP Morgan, Goldman Sachs, and Morgan Stanley.

But which MiF programs produce the highest-earning grads?

The Financial Times (FT) Masters in Finance Ranking places average graduate salary and salary increase among the top criteria for ranking the top MiF programs, recording the average salary of alumni three years after graduation. 

Here, we list the MiF programs ranked by the FT with the highest graduate salaries:


Best Master In Finance Programs With The Highest Salary Potential



Which Masters in Finance offer the highest graduate salaries?

Having topped the overall rankings, it’s unsurprising that HEC Paris graduates have the highest earning potential, with a whopping average salary just shy of $150k. The French school also has the highest salary increase, with HEC grads seeing a 94% increase on their pre-MiF salaries. 

But while French schools dominated the overall MiF rankings, it’s quite a different story when you look at salaries. China is one of the success stories, and proudly boasts some of the highest graduate salaries.

The school with the second-highest earning MiF grads is Beijing’s Tsinghua University School of Economics and Management, where graduates can expect to earn $146k three years after graduation. 

Both Shanghai Advanced Institute of Finance and Guanghua School of Management at Peking University pave the way for generous salaries, at $139k and $131k respectively. 

China’s economic growth is in large part accountable for its higher graduate salaries. The Chinese economy has grown steadily over the past few years, with a world-leading manufacturing industry and a booming tech industry.  

MIT Sloan is also near the top of the salaries list: US-based graduates have always been rewarded with high-earning jobs, and MIT Sloan’s finance grads can expect to earn in the region of $142k after the program. 


Will COVID-19 impact MiF salaries?

The COVID-19 pandemic has already had a significant impact on the jobs market, with thousands of jobs disappearing on a weekly basis. 

The Chinese economy contracted 6.8% in the first quarter of 2020; the US reached an all-time high unemployment rate of 14.7% in April 2020. 

This could impact salaries. Many companies will have put in a salary freeze, meaning that employees are unlikely to see raises any time soon. 

A business school degree, however, remains a solid investment for those looking to make their careers and jobs more stable. Master’s in Finance students are well-positioned to lead companies through the uneasy transition out of lockdown in an attempt to kickstart the global economy. 


More than just salary

The quality of a Master in Finance program isn’t just determined by your pay packet. Return on investment for candidates comes in many forms, including career transition and relocation. 

Top quality European programs, like EDHEC and Warwick Business School, perform well in the overall rankings, but come out lower in the salaries rank. Graduates from these schools tend to find jobs in Europe, where salaries are typically lower than in the US, for example. 

The appeal of getting a job in Europe, and living in cities like London, Paris, and Berlin, outranks salary for many candidates.

Return on investment can also be measured by achieving career goals. At Nova School of Economics and Business in Portugal, graduates’ average salary is $77k, nearly half of some schools at the top of the ranking. Yet 87% of graduates achieved career aims, while 94% were employed three months after graduation, according to the FT.

If you’re comparing MiF programs, it’s easy to be drawn quickly to postgraduate salaries and salary increases, but a Master in Finance can offer far more by way of helping graduates achieve their career ambitions and aims that go far beyond earning potential. 


Student Reviews

Bocconi University

Edoardo

Verified

25/01/2022

Blended

Everything was great ( apart from the covid part)

I really enjoyed this experience because I built a really strong relationship with other students and professors. This fact has permitted me to grow as a person and also to improve my academic background by confronting myself with other people. I would encourage Bocconi to create a new method of exams for online courses (I have experienced it during the covid-19 period) because they could not manage to control and to avoid shameless situations such as software breakdowns just before the exams.

Student

Verified

8/11/2021

On Campus

Amazing course

The workload is really heavy, but that’s the only way to prepare students for the job market. Bocconi offers also many services to help students kick off their careers. Overall, Bocconi University Masters Degree is the best option for ambitious students and the best choice among Italian and maybe European universities.

Student

Verified

24/07/2020

A great experience

A fundamental experience to understand what I want to do in life. In the three years I attended Bocconi University, I laid the foundations for my business education. I will always be grateful to it. I absolutely recommend it.

Alessandra

Verified

26/06/2020

Bocconi: Italian Quality

The great thing about this University is that it is one of the few Italian universities offering such international programs. My course is unique and doesn't exist anywhere else, so if you like arts and economics, Bocconi is the best place. The course provides both subjects concerning arts/philosophy, and ones more related to economics. Personally, I have decided to follow a different path because I am not so interested in working in this specific field, but this course is totally worth it if you want to work in a creative industry. Indeed, it gives people with a passion for luxury, arts and so on with a complete knowledge concerning management. The best part has been the great support offered by the University in every aspect, going from on-campus facilities to monthly job fairs to better understand the kind of career we want to pursue. This is often taken for granted in Italian universities.

Student

Verified

25/05/2020

Professional and amazing

Very well organized university. I have studied Financial management and I graduated with 108/110. The teachers are really good and professional. The university has all the facilities and the services are professional. I really enjoyed studying in a professional and international environment. Bocconi has played an important role in finding my actual job!

Student

Verified

28/10/2019

Great university which gives wonderful placement opportunities.

I really like Bocconi. What I appreciated the most was the high level of teaching and the opportunities given in terms of placement and networking connections. I strongly recommend this university if you want to pursue a great working career.

Student

Verified

27/10/2019

Beautiful environment

Beautiful community of students with lots of opportunities for in-campus activities. The university offers 8 residences near the campus, perfect for freshmen at the first year in Milan. Professors are very prepared and always ready to help students

Student

Verified

24/03/2018

An outstanding university

The great efficiency and organization, the high quality of teaching, and the possibility to take part in many interesting and useful experiences make Bocconi University stand out. It distinguishes itself from the Italian academic background. Many people say Bocconi is too stressful, but to me, it’s worth it.

Student

Verified

20/03/2018

Excellent

Bocconi is outstanding university. Among the best in Italy. The international franework helps students to get involved in projects/associations that enrich the campus. I study law and i’ m happy about my 4 years and experiences that i had the opportunity to

Edoardo

Verified

25/01/2022

Blended

Everything was great ( apart from the covid part)

I really enjoyed this experience because I built a really strong relationship with other students and professors. This fact has permitted me to grow as a person and also to improve my academic background by confronting myself with other people. I would encourage Bocconi to create a new method of exams for online courses (I have experienced it during the covid-19 period) because they could not manage to control and to avoid shameless situations such as software breakdowns just before the exams.

Student

Verified

8/11/2021

On Campus

Amazing course

The workload is really heavy, but that’s the only way to prepare students for the job market. Bocconi offers also many services to help students kick off their careers. Overall, Bocconi University Masters Degree is the best option for ambitious students and the best choice among Italian and maybe European universities.

Student

Verified

24/07/2020

A great experience

A fundamental experience to understand what I want to do in life. In the three years I attended Bocconi University, I laid the foundations for my business education. I will always be grateful to it. I absolutely recommend it.

Alessandra

Verified

26/06/2020

Bocconi: Italian Quality

The great thing about this University is that it is one of the few Italian universities offering such international programs. My course is unique and doesn't exist anywhere else, so if you like arts and economics, Bocconi is the best place. The course provides both subjects concerning arts/philosophy, and ones more related to economics. Personally, I have decided to follow a different path because I am not so interested in working in this specific field, but this course is totally worth it if you want to work in a creative industry. Indeed, it gives people with a passion for luxury, arts and so on with a complete knowledge concerning management. The best part has been the great support offered by the University in every aspect, going from on-campus facilities to monthly job fairs to better understand the kind of career we want to pursue. This is often taken for granted in Italian universities.

Student

Verified

25/05/2020

Professional and amazing

Very well organized university. I have studied Financial management and I graduated with 108/110. The teachers are really good and professional. The university has all the facilities and the services are professional. I really enjoyed studying in a professional and international environment. Bocconi has played an important role in finding my actual job!

Student

Verified

28/10/2019

Great university which gives wonderful placement opportunities.

I really like Bocconi. What I appreciated the most was the high level of teaching and the opportunities given in terms of placement and networking connections. I strongly recommend this university if you want to pursue a great working career.

Student

Verified

27/10/2019

Beautiful environment

Beautiful community of students with lots of opportunities for in-campus activities. The university offers 8 residences near the campus, perfect for freshmen at the first year in Milan. Professors are very prepared and always ready to help students

Student

Verified

24/03/2018

An outstanding university

The great efficiency and organization, the high quality of teaching, and the possibility to take part in many interesting and useful experiences make Bocconi University stand out. It distinguishes itself from the Italian academic background. Many people say Bocconi is too stressful, but to me, it’s worth it.

Student

Verified

20/03/2018

Excellent

Bocconi is outstanding university. Among the best in Italy. The international franework helps students to get involved in projects/associations that enrich the campus. I study law and i’ m happy about my 4 years and experiences that i had the opportunity to

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