Want to earn big after business school? Find out which Masters in Finance programs deliver the biggest graduate salaries
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
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.
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.
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.
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.
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!
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.
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
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.
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
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.
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.
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.
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.
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!
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.
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
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.
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
Excellent university full of opportunities
I had almost zero experience in business before coming to Bocconi. However, this did not hinder my career prospects here. I was fortunate to receive valuable opportunities such as in-company training and internships. Through these experiences, I gained invaluable practical insights into various business scenarios, becoming more acquainted with the real business world.
Before arriving here, I had not learned Italian, which initially made me concerned about possible cultural or language barriers. Bocconi offers Italian language courses that proved indispensable in helping me adapt to Milan during my days here. Additionally, my Italian classmates have been incredibly welcoming, assisting me with cultural adjustments and willingly serving as language partners to help with my Italian language learning journey. My two-year life here has become both manageable and enjoyable.
In conclusion, I would recommend this university to those people who are eager to embrace a future brimming with opportunities.
So many opportunities
Bocconi has been an amazing journey for me, filled with growth and opportunities, both on a professional and personal level. The professors teaching the International Management Master's are of really high quality and they were able to transfer some much "knowledge that matters", thanks also to the many teamworking experiences during the course. Bocconi also allowed me to experience a double degree program with ESADE, which taught me a lot both in terms of professional development, as well as allowing me to expand my network of international students even further. Overall, Bocconi unleashed plenty of opportunities I could not foresee before joining the university and that I'm really grateful for and excited to dive into.
Invest in your knowledge
Bocconi offers plenty of opportunities to grow as a person and as a professional. I was able to both broaden my interests and deepen existent knowledge during my Master's degree in Finance. It's very challenging, but the result is totally worth it. Bocconi has a very impressive reputation across the world, which allowed me to have an internship at my dream company.
A University Ripe with Opportunity
As a first year Masters in International Management student, the global perspective, abundant learning opportunities and networking opportunities were the main aspects that drew me towards pursing my studies at Bocconi. And Bocconi has delivered in full on these promises.
In my classes I have really valued the more application based approach which centres around collaboration with peers from around the world. There are also so many opportunities for learning outside the classroom through supplementary activities, societies, guest lectures and other events hosted by the university!
The networking opportunities and career services are world class. The university regularly hosts events like Bocconi
Environment and experiences
Entering Bocconi, I was shy and uncertain. I was surprised to discover a supportive community that not only challenged me academically but also encouraged me to come out of my shell. I found myself surrounded by lifelong friends who turned out to be an invaluable support for me.
Despite my initial indecision, my chosen course (Economics and Management for Arts and Culture) proved to be the perfect fit, seamlessly blending rigorous economic principles with insights into the cultural landscape. I found myself immersed in a dynamic environment that fostered healthy competition, pushing me to excel while simultaneously supporting my personal growth.
Reflecting on my period at Bocconi, I can confidently say it was the best time of my life. Through unforgettable experiences in students associations, internships and study-abroad periods, Bocconi accompanied me from adolescence into adulthood. It provided me with the confidence and skills necessary to navigate the complexities of the real world, offering me an environment where I could flourish both academically and personally.
Great programme in MSc Finance
I have done the MSc in Finance, and I am extremely happy with it.
The quality of the education is really good, and has more than prepared me for my job in Asset Management after my studies. There are also a lot of group projects and labs in the classes which lets you try things in practice.
In addition to this, there are a lot of good student associations for finance which allows you to connect with a lot of really brilliant people.
My Experience at Bocconi University
Bocconi University offers a great deal of programs. The small classes make it easy for students to interact with professors, all very experienced in their field, and not only care for the students' life inside the classroom but also for their lives outside, providing many amazing extracurricular activities, from sports, and associations to theater and singing. Overall, a great experience!
Excellent university providing a great preparation
I have chosen Bocconi University for both my bachelor's and master's degree and I am extremely satisfied with my experience and the preparation the institution has given me, both academically and to be equipped to enter the job market. The programs are very international, which has allowed me to make friends from all over the world, and the university offers a wide range of interesting courses, both in Italian and in English, which often combine a theoretical strong preparation together with practical applied projects. Bocconi also has a great and efficient career service that organizes useful events to get ready for the job market, meet employers and network with companies. I have also appreciated the presence of over a hundred student associations, which has allowed me to pursue some interests of mine while meeting students from several different courses and gainining more practical experience through additional projects.
1 
Comments.