Master's degree programs related to international or global finance are typically offered through the graduate business departments of 4-year universities. These 1-3 year international or global finance programs give students an understanding of how finance-related matters, such as accounting, management and business strategy, can be applied in a global marketplace.
Students in a master's program learn how cultural factors influence financial decisions in other parts of the world, such as China or the Middle East. They also learn skills that will help them negotiate across language and culture barriers. Individuals interested in establishing a career in global finance should also study the organization and administration of multinational corporations. Many graduates pursue certification from professional finance organizations.
To gain admission into programs, students should hold a bachelor's degree in a business or finance related discipline, submit letters of recommendation and transcripts, and write a statement of interest.
Master's Degree Programs in Global Finance
Courses emphasize how regular financial practices work in an international format. Some examples might include:
- International business principles
- International accounting
- Global finance and financial planning
- Global financial markets
- International business strategy
- Leadership principles
Individuals working in international finance often hold similar position titles as those professionals working strictly with U.S. clients. Some of those titles include:
- Global financial manager
- International financier
- Overseas risk manager
- Multinational bank director
- Corporate credit manager
- Global financial analyst
Employment Prospects and Salary Information
According to the U.S. Bureau of Labor Statistics (BLS), job opportunities for financial analysts were predicted to increase 6% during the 2018-2028 decade. Professionals in this field earned mean annual wages of $100,990 as of 2018, per the BLS.
Various associations offer certification for finance professionals, including those that work in a global or domestic environment. The CFA Institute (also known as The Global Association of Investment Professionals) offers the designation of Chartered Financial Analyst to professionals who complete a series of examinations in the field. The Association for Financial Professionals offers Certified Treasury Professional (CTP) credentials also to those to pass the relevant exam. The CTP certification lasts three years, and re-certification requires documented continuing education coursework.
For individuals who already have an educational background in business or finance with an interest in global affairs, pursuing a master's in global finance may be a good option.