Banking and finance are lucrative careers to get into. The whole industry happens to be one of the most dynamic and innovative in the world. Going into such a career opens you up to myriad opportunities appealing to different strengths. Whether you’re into the financial markets, bookkeeping, handling taxes, investment, payment processing, or even the legal aspects of the industry, you are guaranteed to find a solid career path in this sector.
Even if you’re not looking to make your mark on the banking and finance industry, having a banking background dramatically boosts your chances of getting to upper management in whatever field you work. Note that banking and finance are two related but distinct areas. While finance mostly deals with accounting services, such as accounts payable and receivable, payroll processing, and financial reporting, banking deals with the business of lending money and everyday transactions.
From sole proprietorships to large-scale multinational corporations, to individuals, everyone needs banking and financial services. Any business decision that involves money needs to be made with due consideration to the organization’s finance department. Everyone in the world needs to do some banking, and every bank needs qualified finance and banking professionals. This is just a glimpse into the scale of demand that this industry generates.
If you decide to go into banking and finance, it is important that you pick one of the best schools offering related courses. In this article, we will list these schools. By the end, you should have a solid list to choose from as you make your decision about where to begin your education and career.
MIT Sloan
MIT Sloan offers a master’s in finance, providing in-depth knowledge of banking and finance far above the bar for most institutes around the world. MIT is also famed for being one of the most active research institutes in the world for many subjects, including finance.
The MBA in finance at Sloan will expose you to a wide range of financial theories, as well as case studies of how they are applied in the real world. You will also learn about best practices in various sectors in the industry and the plethora of career choices available for you to choose from.
The courses at Sloan can be quite challenging. I went here and I would ask experts from Writix to do my assignment to help me maintain high grades throughout. As a result, I graduated with flying colors.
Another major advantage of this school is that you will get to interact with some of the smartest people in the world, from the instructors to the students. You will forge relationships with like-minded people and create powerful networks you can leverage later in life. You can pick elective courses that help you gain a deeper understanding of your chosen course or learn a completely new skill. You can also participate in workshops, seminars, and other onsite events.
London Business School
The London Business School offers an Msc. Finance which is ranked in the top 5 of finance courses in the world. This is a highly specialized program that is taught by experts with years of experience in their respective fields. You will learn new monetary instruments, new financial techniques, and other topics on things happening in the modern world of finance. The London Business School prides itself on marrying theory with solid practice, allowing students to truly master their topic areas. You will also get plenty of internship opportunities before you complete your course, thanks to the institution’s large network of partners.
HEC Paris
HEC Paris offers an MBA in finance, which combines theory classes with hands-on practical sessions instructed by the best professors and industry practitioners. You will receive consistent instruction in highly specialized finance topics, including corporate valuation, financial analysis, corporate finance, financial credit, sustainable investments, and asset management, to name a few.
Oxford Said Business School
Oxford consistently ranks among the best universities in the world for many subjects, including finance. The Said business school offers an Msc. Financial Economics with a high rating among employers and a reputation for offering in-depth industry knowledge to students. You can choose any one of 4 programs under this degree: corporate finance, economics, monetary econometrics, and pricing. There are also 5 electives you can choose from to gain an even deeper knowledge of the subjects at hand.
Imperial College London
The Imperial College London has always been in the top 5 universities in Europe, thanks to its eclectic selection of courses and reputation for offering the highest quality instruction to students. The program covers different modules on decision analytics, investments and risk management, and corporate finance, among others.
There are other advantages to choosing the Imperial College London. London happens to be the financial hub of Europe, so the location puts you right in the middle of the action. The school’s experienced faculty, industry connections, and practical programs round it out to ensure you have a complete MBA experience. Students have been known to visit different countries to learn about fiscal and monetary policies in other countries. Student-led investment funds are also commonplace.
Harvard Business School
Harvard is an Ivy League university devoted to offering high-quality education and conducting groundbreaking research in different fields. The Harvard Business School’s MBA program ranks highly in the world and is famed for its use of scientific research methods in business. There are also doctoral programs in business and finance.
Conclusion
The list above is not nearly exhaustive, but it’s a great start if you’re looking to start your banking and finance journey in one of the best schools in the world. Once you get in, your hard work and determination can get you as far as you would like to go.
Author Bio
Paul Calderon has been a writer and editor for 7 years. He likes to write about business, finance, education, and self-development. In his free time, he likes to go mountain climbing.