Degree in Finance

Finance is a field that deals with the allocation of assets and liabilities over time under conditions of certainty and uncertainty. Finance also applies and uses the theories of economics at some level. Finance can also be defined as the science of money management. A key point in finance is the time value of money, which states that purchasing power of one unit of currency can vary over time. Finance aims to price assets based on their risk level and their expected rate of return. Finance can be broken into three different sub-categories: public finance, corporate finance and personal finance.

Masters Degree in Finance

A Master's degree in Finance is a postgraduate program designed to prepare graduates for careers in Finance.[1][2] The degree is often titled Master of Finance or Master in Finance (abbreviated M.Fin or MiF), or Master of Science in Finance (abbreviated MSF in North America and MSc in Finance in the UK and Europe). In the U.S. and Canada the program may be positioned as a professional degree. Particularly in Australia, the degree may be offered as a Master of Applied Finance (abbreviated MAppFin or M App Fin).

In general, MSF and M.Fin / MSc programs differ as to intended career preparation and hence degree focus — with the former centered on financial management and investment management, and the latter on more technical roles[1] (although, see below for further discussion as to this distinction). Both degree types, though, emphasize quantitative topics, and may also offer some non-quantitative elective coursework, such as corporate governance, business ethics and business strategy. Programs generally require one to two years of study, and are often offered as a non-thesis degree.