It comes as no surprise to HR that people who hold a Master's degree generally get paid more than people who hold a bachelor's degree. However, the earning potential varies a lot depending on what institution you studied at and the specialisation of your Master's. Moneyzine.com recently looked at the average salary of Master's of finance from leading business schools and universities globally in 2022 and here are top 10 places to study a Master's for those looking to maximise earning potential in their careers.
Top 10 Institutes (in terms of average salaries for those graduating with Master's degree)
- The Massachusetts Institute of Technology (MIT) Sloan School of Management - average salary: $174,752
- Tsinghua University School of Economics and Management, China - average salary: $174,729
- HEC Paris, France - average salary: $172,593
- Shanghai Advanced Institute of Finance at SJTU, China - average salary: $163,449
- ESCP Business School, France - average salary: $155,113
- Peking University, Guanghua, China - average salary: $152,216
- University of Oxford, Saïd - average salary: $140,319
- IE Business School, Spain - average salary: $134,033
- Essec Business School, France - average salary: $127,967
- London Business School, UK - average salary: $127,695
Luke Eales, CEO, Moneyzine noted, "The high salary of MIT Sloan Masters of Finance graduates is likely due to the program's emphasis on developing students' quantitative skills. The program is designed for students who want to pursue careers in investment banking, asset management, and other finance-related fields. The skills that students learn in the program are in high demand by employers in these industries."
Paul Arkwright
Publisher
