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Information About MSC in Finance

Written By Finance on Tuesday, November 15, 2011 | 9:34 PM

Introduction:

Finance is one field of study or the branch of economics that will never 'die'. Even if the currency based monetary system that we follow is replaced by the proposed chip based system, we will still have a field of study called finance. It has become integral to the sustenance of human civilization and so, as long as this world exists, the field of finance will be there.

A career in finance has a lot of perks associated with it and so many young graduates enter in to this field every year. The best way to get a promising career in finance would be to complete a master's degree in finance known as a MSC in finance; here MSC stands for Master of Science. This is a specialized course that prepares young minds for the dynamic responsibilities of the financial market.

What is MSC in Finance?

Finance is regarded as a subject which has the elements or traits of both arts and science. It not only involves various complex calculations but also a lot of reasoning and perception in order to come to any conclusions about different situations involving money. Thus a Master of Science degree in this field attempts to teach students about the scientific aspects like logical and analytical thinking, problem solving skills etc.

Objectives:

The objective of this course is to prepare the students to face the challenges that can be encountered in any finance related job, to provide the tools and knowledge necessary to solve complex financial problems related to the economic planning of an institution, to help students understand the process of monetary related decision making in the MNCs, to provide an exposure to the global markets, to help students develop their analytical skills etc.

Job Prospects:

This degree can be an added advantage for a person who wants to try for a higher level job in any financial institution like in banks, mortgage companies, insurance companies etc. Even for applying in any financial management post in companies, people with this degree will be preferred. It also offers other opportunities in the educational sector as professors or lecturers of finance in most reputed universities and economic planners in many governmental institutions.

Where to pursue it?

This degree is offered by most of the reputed national universities in a country and also by private educational institutions of higher studies. World-renowned institutions like London School of Economics and Harvard Business School also offer a MSC in Finance degree.

By Rajot Chakraborty

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