Master of Science Technology (M.Sc. Tech.) Finance - Alkesh Dinesh Mody Institute for Financial and Management Studies, Mumbai

  • Years 2 Years
  • Type Course Post Graduate
  • stream Science
  • Delivery Mode

The Master of Science Technology in Finance (MST) is a graduate degree in financial services. The program aims to provide students with quantitative and analytical skills in order to meet the demands of the financial industry. The program teaches students how to design and implement algorithms to improve business processes and consumer relationships. The M.Sc. program aims to prepare future financial industry leaders with relevant technical skills. Typically, the curriculum includes courses in computational finance, computer systems, and machine learning. 

The courses are designed to develop students' computing skills and build their financial industry awareness. This knowledge is essential for working in the banking industry, as it will prepare graduates for careers in banking, asset management, and other fields related to the financial sector.

Benefits of Master of Science Technology in Finance

Obtaining a master's degree in finance can lead to a variety of rewarding career opportunities. These fields are growing more quickly than most, and there is a high demand for qualified individuals with finance backgrounds. The Master of Science Technology in Finance degree program can help students earn their graduate degree in 24 months. 

Additionally, the curriculum is geared towards those who do not have a background in finance, and aims to equip students with advanced computing skills. Those who have no prior finance experience can also apply for the program, since it does not require a specific financial background. The curriculum is designed to prepare students for a career in early-stage finance. Furthermore, it is a STEM-designated program, meaning that it is eligible to earn a 24-month extension of optional practical training. 

Eligibility for Master of Science Technology in Finance

The Candidates must have a Graduate degree in related field from a recognized university. They must have minimum aggregate marks of 50% to be eligible for the program.

Future Scope of Master of Science Technology in Finance

Choosing between a Master of Science degree and a PhD in finance depends on the type of job you want to do. For example, an MSF is more technical, and a MSBDA is more technologically focused. While the former has narrower job opportunities, the latter offers a much broader scope. As the use of big data grows exponentially, an MSBDA is a good option for people interested in financial planning.

A Master's degree in finance is an asset in a career in finance. Not only is banking the most common choice, but many other fields of the industry are growing rapidly as well. The US Bureau of Labor has forecast a ten percent increase in finance jobs by 2026. The field of finance is almost universal, and a master's degree will be your passport to global career opportunities.

Career Opportunities and Job Prospects of M.Sc. Technology in Finance

The graduate who pursues a Master of Science Technology in Finance degree can find work in a number of fields and industries. In addition to assisting with decision-making, financial leaders help corporations make sound business decisions by interpreting financial data. As a result, there is a growing demand for these professionals. The following post explores five in-demand careers and their salary ranges. It also details the required skill sets and leadership opportunities.

The finance industry is banking on artificial intelligence. Those who have expertise in this field can get jobs at traditional financial institutions and fintech start-ups. Indeed, job listings for AI professionals have increased by 60 percent in the last year. A master's degree in finance can lead to a number of different career opportunities in the financial industry. Those who study this field can find jobs as a banker, investment manager, or consultant. This field is also very lucrative and offers numerous opportunities. If you are looking for a new career, consider the following careers: analyst, risk and compliance officer, and chief financial officer.

Course duration and Fee details of M.Sc. Technology in Finance

The Master of Science technology in Finance is a two year degree program. The average fees for the completion of program are between 30K to 45K per annum, or it may vary from college to college.

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