Master's in Finance

Michigan State University’s Master’s in Finance is a specialized, technical degree focused deeply on areas like financial modeling, investments, valuation, and risk management. Unlike an MBA, which offers broad business training across disciplines (marketing, operations, HR, etc.), the MSF is highly focused on quantitative finance skills. Michigan State’s MSF also incorporates CFA-aligned curriculum, preparing students for finance-specific roles with a faster, more cost-effective path than a traditional MBA.

Yes, MSU’s Master’s in Finance is one of the most affordable top finance master’s programs, with strong job placement and high alumni satisfaction. We offer a high return on investment through rigorous technical training and recruitment pipelines into elite finance firms. The program’s STEM-designation and alignment with CFA content further boost its long-term career value.

Graduates of Michigan State’s Master’s in Finance program often pursue roles such as financial analyst, investment banking analyst, risk manager, corporate finance associate, or asset management specialist. Many are recruited by top-tier firms and Fortune 500 companies, including opportunities through MSU’s Financial Markets Institute. The program’s quantitative emphasis prepares students for roles requiring data-driven financial decision-making.

Graduates nationwide often earn $70K–$100K+ depending on role and experience. Financial analysts earn around $85,000, while investment banking analysts can earn $100,000 to $150,000+, especially with bonuses. Graduates from Michigan State University’s Broad College of Business may earn higher salaries in cities like New York, Chicago, or San Francisco, where the cost of living and industry demand drive wages up. Salaries in the Midwest or South (e.g., Ohio, Georgia) may average closer to $80,000–$95,000, with variation depending on industry sector.

No, you do not need an undergraduate degree in finance to apply, but a strong quantitative foundation is encouraged. Applicants from economics, engineering, statistics, and business often do well in the program. We evaluate applicants holistically, so strong performance in quantitative coursework can offset a non-finance background.

Yes, Michigan State’s Master’s in Finance program is officially STEM-designated. This provides international students with the potential for extended Optional Practical Training (OPT) in the U.S. and signals to employers that the curriculum is highly quantitative and analytics-focused. It’s a valuable distinction for anyone seeking data-driven roles in global finance.

No, the Master’s in Finance program at MSU is currently offered exclusively as a full-time, in-person program. It is designed to be completed in one year on campus, with immersive learning and networking opportunities. Students benefit from small cohorts, direct faculty mentorship, and in-person access to career services and FMI recruiting events.