If investment banker, portfolio manager or research analyst are the jobs that excite you, M.Fin. is the right choice for you to pursue. M.Fin. unlocks doors to various jobs in the field of finance. Finance is a great field to pursue and you will get access to a lot of opportunities. But there are a few things that you need to know before you apply to this program. Therefore, this reading will help you to have the necessary information regarding this program. You can apply to mim London business school for the same degree.
Master of Finance is a very lucrative program that offers a lot of opportunities to individuals and has a great return on investment. But there are many students that just jumped into this program without having some necessary knowledge and scope of this field. And the most common reason for doing such a blunder is because it is a high-paying job. Read this section till the end so that you do not regret it later. MeM Purdue can give you the same result.
These are the things that you must know:
Risk Aversion:
This is one of the most important skills that a finance professional should have. To check whether you have this skill, look back at the circumstances where a big risk has been minimized by you, because no matter what job profile you may select, later on, this is the foundational skill that any finance professional must-have.
You are comfortable with long working hours:
Finance is a profession where there are very long working shifts and sometimes one has to work overtime, this is the demand of this job. Sometimes your working shift may even go beyond 12-16 hours, so if you are comfortable with such working shifts, then you can pursue this career. You can target Ivey Business school for the moment being.
You have proper knowledge of Finance;
There are a lot of people out there, for whom the stock market is the only finance. There is a very wrong misconception that the finance industry is limited to the stock market only. A person must have some knowledge of the finance industry before diving into the M.Fin. program as things might get really very tough for you later on.
Short-term course:
Short-term courses come really handy when you are applying for higher education in any field or industry. These courses help the candidate to reflect upon themselves whether the field that they are going to pursue is really meant for them or not.
This not only gives them an idea but also helps them in having a basic foundational knowledge of the industry. Another thing that the short-term courses help the individuals in is giving their CV a little more weight, when the recruiter sees a finance course other than the curriculum, it leaves a great impression on their minds about the candidate.
University details and program details:
If you are fir for all the above requirements, then you can now apply for the program, but you must know various other details such as:
- Class size of the university that you are applying into, because some students prefer a short class size to have better interaction with the teacher, while some prefer the class size to be large to interact with a diverse group of individuals.
- The placement rate of the university is also important so that you can identify whether you have a high chance of getting employed or low, you can check the employment report of the university for that information.
Conclusion
M.Fin is an expensive program, both in terms of money and effort, therefore it is important that you make double-check whether this field is really meant for you or not. All the above requirements are necessary, even if you do not meet even one requirement, then this course may become hard for you.
Some things you can develop with time and some you may not.