Finance has always been a popular major for Chinese students studying in the United States. On the one hand, this is because most business majors have good employment prospects and salary levels; on the other hand, most business school graduate majors do not require a corresponding undergraduate major, which gives many students who do not like their domestic undergraduate majors the opportunity to switch to popular majors by studying abroad.

According to previous data, among applicants with an undergraduate background in management or economics, more than half of them choose finance as their first choice major when studying in the United States; among students with non-management backgrounds, this proportion is also around 13%. However, among the many applicants, very few students can apply for finance majors in top universities. Many students with GMAT scores above 700 finally receive only admission letters from ordinary colleges. What exactly causes this phenomenon? How do students position themselves before considering applying for a finance major? In the United States, business schools are usually called "School of Business" or "School of Management", with professional directions such as finance, accounting, marketing, logistics, trade, management and information systems. In terms of the starting salary level of graduates, finance has always been in the first echelon. Course Setting Master of Science in Finance (MSF) is the most common master's degree in finance in the United States. Representative universities include Johns Hopkins University, Washington University in St. Louis, University of Rochester, Boston College, University of Illinois at Urbana-Champaign, Pennsylvania State University, Case Western Reserve, Purdue University and University of Delaware, etc.

A few schools, such as the University of Maryland, offer a major called MFIN (Master of Finance), but its essence is no different from MSF. The duration of MSF is usually between one year and one and a half years. Most schools accept both GMAT and GRE scores, but some schools only accept GMAT scores, such as the University of Florida and Syracuse University. At the same time, most schools encourage but do not require work experience (students can use high-level holiday internship experience to add points for themselves), while a few schools, such as Brandeis University and the University of Connecticut, do not allow applicants to apply without more than two years of work experience. In addition to MSF, the more common financial majors include "mathematical finance" or "financial mathematics" (such as Computational Finance at Carnegie Mellon, Mathematics in Finance at New York University, and Mathematical Finance at Boston University), "financial engineering" (such as Financial Engineering at Michigan Ann Arbor and California Berkeley, which usually only accepts GRE scores), "Financial Analysis" at San Francisco University, "Financial Management" at the University of Arizona, "Financial Risk Management" at Colorado State University, etc. When choosing a school and a major, you may wish to expand your thinking and horizons, contact and compare more financial-related majors, and find the most suitable professional direction for yourself. There are also many business schools in the United States (such as Indiana University Bloomington) that set up financial majors within the MBA framework. Since MBAs require work experience, they are not suitable for fresh graduates. But for those who have several years of work experience and hope to engage in management work after studying abroad, business majors within the MBA framework may be their choice.

Application background requirements Although many financial master's programs do not require undergraduate majors, they usually require applicants to have excellent undergraduate mathematics (linear algebra and calculus), probability theory and statistics grades. It should be emphasized that the financial engineering major pays more attention to the undergraduate computer (C++) grades of students than pure finance majors. Financial engineering is also called quantitative finance, financial mathematics, etc. in the United States. It is a professional project in the financial master's program. Financial engineering widely uses models and uses mathematical methods to analyze stock trends, yield curves, and the pricing rules, functions and application strategies of various bonds. It can be said that financial engineering is a discipline formed by the cross-penetration of finance, mathematics, computational science, and computer science. It is relatively theoretical and abstract. It widely uses mathematical, physical and engineering methods, and uses mathematical language instead of daily language to explain financial ideas. Therefore, financial engineering has very high requirements for mathematics and computer programming. If students have not studied these courses in undergraduate studies (or have studied them but have poor grades), they may be required to make up for the relevant basic courses before enrolling in graduate courses. For example, Washington University in St. Louis stipulates that: for students who need to make up for basic courses, the master's degree program is three semesters; for students who do not need to take such courses, the program is only two semesters. Finally, when choosing a school, it is very important to understand the project settings and enrollment scales of different colleges and universities to prevent running into a wall due to "fierce" competition. For example, Wisconsin-Madison is ranked in the top 50 in the United States and the top 30 in the business school, which is a very ideal ranking, but its MSF major has a two-year program, which is longer than similar majors in most colleges and universities, and the time cost is relatively high; and only five or six new students are admitted each year, so it is not recommended that you touch this nail. In contrast, the financial engineering major at Berkeley, California, enrolls 60-70 students each year, which is a medium-sized enrollment scale, and domestic outstanding students have greater opportunities; and the financial analysis major at the University of San Francisco enrolls more than 200 students each year, and the chance of admission is undoubtedly greater. The following is about studying abroad in 2023: the necessary common sense for applying for financial majors in the United States,Safety tips for first-time students studying in the United States, ,Safety Tips for Studying in the United States, ,Common knowledge questions about working while studying in the United States, ,Common knowledge about studying in the United StatesThe problem.

Study abroad in 2023: A summary of the essential common sense for applying for a finance major in the United States

After understanding the essential common sense for applying for finance majors in the United States in 2023, you will also need to prepare a VPN tool to bypass the firewall and return to China when studying in the United States.For many Chinese who go to the US to study and work, they still like to watch some Chinese TV series and programs in China, and they are more accustomed to use some domestic native apps to listen to music, watch videos, play games and so on. However, due to copyright reasons, most of the popular programs are only allowed to be accessed by mainland IPs. In such a big background, theVPN back over the wallQuickFox provides VPN services for more than 10 million devices. After downloading and installing QuickFox VPN, overseas users can solve the regional restrictions with one click, and the connection speed is fast and stable.