Best master in finance programmes, according to FT
HEC Paris has the best master in finance programme in the world, according to the latest Financial Times (FT) ranking 2021.
The French school has now gained the top spot nine out of the 10 annual FT master in finance rankings (pre-experience), said FT in an analysis.
They add that part of HEC Paris’s continued success can be attributed to its alumni earning the second-highest average annual salary, at 156,583 US dollars — a rise of 92% three years on from the first salary after graduation.
HEC Paris is also rated highly for career progress and international mobility, measured by changes of the country of employment between graduation and today.
FT notes that ranked schools proved effective in equipping graduates with skills in corporate finance and quantitative methods, for roles in finance, banking, and consultancy, among other sectors requiring such knowhow.
Two-thirds of survey respondents who completed an internship were offered a job from that placement, mostly in the investment banking sector.
A master in finance can be financially rewarding
|RANK||INSTITUTION||SALARY TODAY||SALARY % INCREASE|
|2||ESCP Business School||141,984||59|
|3||Skema Business School||112,831||79|
|4||Essec Business School||120,666||58|
|5||Edhec Business School||100,666||51|
|6||University of St Gallen||117,515||50|
|6||Università Bocconi/SDA Bocconi||115,173||66|
|8||IE Business School||113,067||63|
|8||London Business School||116,771||52|
|10||University of Oxford: Saïd||125,745||46|
Source: FT MiF Rankings 2021
From the table above, we can see that French schools dominate the top five of the list. The top UK institution is London Business School in joint eighth place. China’s Tsinghua University School of Economics and Management is Asia’s top university in the list at 12th place.
The FT analysis notes that graduates say their main reasons for studying for a master in finance are better career opportunities and higher salaries. Personal development is the second most-important motivator for women.
Improvements can be seen in gender disparity over the past 10 years. In 2021, 35% of all faculty members were women, up from 24% in 2011. They note that schools’ advisory boards are becoming less male-dominated.