Masters Programs in Accounts & Finance - Universities, Deadlines, Eligibility & Fees

Thinking of pursuing a Masters in Finance or Masters in Accounting abroad? Whether you aim to break into investment banking, financial consultancy, or high-level auditing, earning a master’s degree from a globally recognized university can open doors to lucrative career opportunities. But with so many options, how do you choose the right course, country, and university? 

This guide simplifies everything—from top universities and tuition fees to admission requirements and career prospects. We’ll also cover scholarships, entrance exams, and job opportunities so you can make an informed decision.

Masters in Finance and Masters in Accounting Abroad: An Overview

A Masters in Finance abroad and a Masters in Accounting abroad provide in-depth expertise in financial management, investment strategies, auditing, and taxation, equipping you for leadership roles in global finance and accounting sectors.

Pursuing these degrees offers several key benefits:

• High Demand & Competitive Salaries – Global financial hubs like the US, UK, and Canada offer salaries between USD 60,000 to USD 100,000+ per year.
• World-Class Universities – Study at top-ranked institutions like Harvard, LSE, and Oxford.
•  Global Career Exposure – Gain expertise in international financial standards and network with top industry professionals.
•  Pathway to Professional Certifications – Meet CPA, CFA, and CMA requirements to boost career prospects.

Whether you're interested in risk management, forensic accounting, or fintech, this page will walk you through every step of your journey. Ready to explore? Let’s dive in! 

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Key Highlights:

Suggested Read: Education System in the USA

Top Universities for Masters in Accounts & Masters in Finance Abroad

Selecting the right university is crucial for your success in a Master's in Accounting abroad or a Master's in Finance abroad program. Choosing a top-ranked institution ensures access to world-class faculty, networking opportunities, and strong career prospects.

Below is a table highlighting some of the best universities for a Master's in Accounting abroad, along with details on their QS World University Rankings 2025 by subject (Accounting and Finance) and average tuition fees.​

(Note: INR conversions are approximate, based on current exchange rates, and subject to fluctuations.)

Explore top universities for Masters in Finance Abroad & Masters in Accounting Abroad with upGrad. 

Top Countries to Study Masters in Accounts & Masters in Finance Abroad

Choosing the right country for your Masters in Finance or Master in Accounting can shape your career. From top-tier universities to visa policies, every aspect matters. Here’s a breakdown of the best destinations, their career prospects, and visa fees for international students.

🇺🇸 United States: The Land of Opportunities

The U.S. is home to world-class institutions offering Masters in Finance Abroad and Masters in Accounting Abroad programs. With Wall Street as a global finance hub, finance graduates can explore careers in investment banking, private equity, and fintech. Accounting students can aim for CPA certification and land roles in the Big Four firms—Deloitte, PwC, EY, and KPMG.

• Student Visa (F1) Fee: USD185 ( approx.INR 16k)
• Post-Study Work Visa: OPT (1 year), STEM OPT (2 years for finance students in STEM-designated programs)

🇬🇧 United Kingdom: A Finance & Accounting Powerhouse

The UK boasts prestigious universities and a strong financial sector. London is a major finance hub, making it ideal for Masters in Finance graduates. The UK’s post-study work visa allows students to stay and explore job opportunities after graduation.

• Student Visa Fee (Tier 4): GBP 490 (approx. INR 55k)
• Post-Study Work Visa: Graduate Route (2 years)

🇨🇦 Canada: The Immigration-Friendly Option

Canada’s welcoming immigration policies and high-quality education make it a great choice for both finance and accounting students. Canadian universities offer top programs, and there’s a clear pathway to permanent residency.

• Student Visa (Study Permit) Fee: CAD 150 (approx. INR 9k)
• Post-Study Work Visa: Up to 3 years, depending on course duration

🇦🇺 Australia: Study & Work in a Thriving Economy

Australia’s economy offers immense job opportunities for finance and accounting graduates. The post-study work visa allows easy transition into the job market.

• Student Visa Fee (Subclass 500): AUD 710 ( approx. INR 39,000)
• Post-Study Work Visa: 2–4 years based on the course and location

🇸🇬 Singapore: Asia’s Financial Hub

Singapore is ideal for Masters in Finance students aiming for investment banking and fintech careers. Masters in Accounting graduates benefit from Singapore’s business-friendly tax regulations and multinational corporate presence.

• Student Visa Fee (Student Pass): SGD 90 ( approx. INR 6k)
• Post-Study Work Visa: Up to 1 year (Long-Term Visit Pass for job search)

Also Read: Which is the Best Country to Study Abroad for Indian Students?

Course Structure – What to Expect in Masters in Finance & Accounting?

So, you've shortlisted your dream universities and picked the right country for your Master’s in Finance abroad or Master’s in Accounting abroad—now, let’s dive into what you’ll be studying! 

These programs are designed to build expertise in financial strategy, risk assessment, and regulatory frameworks, but each has its focus. Here’s what you can expect:

Master’s in Finance Abroad – Core Subjects & Specializations

A Master’s in Finance abroad is designed to equip students with the technical and analytical skills needed in global financial markets.

Core Subjects:

• Financial Modelling & Valuation
• Investment Banking & Corporate Finance
• Risk Management & Derivatives
• Portfolio Management & Financial Analysis

Specializations & Electives:

• Blockchain & Digital Finance – Learn how cryptocurrencies and decentralized finance are reshaping the industry.
• ESG Investing – Focus on sustainable and socially responsible investment strategies.
• FinTech & AI in Finance – Explore how technology is transforming financial decision-making.

Master’s in Accounting Abroad – Core Subjects & Specializations

A Master’s in Accounting abroad is tailored for those looking to master financial reporting, auditing, and corporate compliance.

Core Subjects:

• Advanced Auditing & Assurance
• Taxation & Financial Reporting
• Regulatory Compliance & Ethics
• Managerial & Cost Accounting

Specializations & Electives:

• Forensic Accounting – Learn how to detect and prevent financial fraud.
• Corporate Law & Governance – Understand the legal frameworks governing businesses.
• Data Analytics in Accounting – Use AI and big data for financial decision-making.

No matter which path you choose, both programs open doors to lucrative careers in finance, banking, consulting, and corporate leadership. 

Masters in Accounting and Finance: Application Process

If you are someone who is planning to pursue a Master’s in Accounting abroad or a Master’s in Finance abroad? The application process may seem overwhelming, but breaking it down into key steps makes it much easier. 

Here’s everything you need to know to submit a strong and successful application.

Educational Prerequisites

Most universities require a bachelor’s degree from an accredited institution. While a background in accounting, finance, or business is preferred, some programs accept students from diverse academic fields with relevant coursework.

Standardized Tests (GMAT/GRE)

Many top universities require GMAT or GRE scores, especially for a Master’s in Finance abroad. However, some programs offer waivers or do not mandate these tests, so check the specific requirements of your chosen universities.

Academic Transcripts

You’ll need to submit official academic transcripts from all post-secondary institutions attended. A strong academic record, especially in finance, mathematics, or economics, will strengthen your application.

Letters of Recommendation

Most universities ask for two to three letters of recommendation from academic or professional references who can vouch for your skills, leadership potential, and suitability for the program.

Personal Statement or Essays

This is your chance to showcase why you’re pursuing a Master’s in Finance abroad or a Master’s in Accounting abroad. Write a compelling statement outlining:
✔ Your motivations for choosing this degree
✔ Career goals and aspirations
✔ How the program aligns with your plans

Resume (CV)

Include a well-structured resume highlighting:
✔ Your educational background
✔ Work experience (if any)
✔ Certifications or relevant projects
✔ Technical and analytical skills

English Language Proficiency

If English is not your first language, you’ll need to provide scores from TOEFL or IELTS to demonstrate proficiency. Some universities may offer exemptions based on prior education in English-speaking institutions.

Masters in Accounting and Finance Abroad: Eligibility Criteria

If you're considering a Master’s in Finance abroad or a Master’s in Accounting abroad, it's important to understand the eligibility requirements before you apply. Universities have specific academic, language, and additional criteria that applicants must meet. 

Academic Criteria

Most universities require a bachelor’s degree in accounting, finance, business, or a related field. However, some programs may accept students from other disciplines if they have relevant coursework or professional experience.

English Language Criteria

Since most Master’s in Finance abroad and Master’s in Accounting abroad programs are taught in English, non-native speakers must prove their proficiency through standardized tests.

(Some universities waive this requirement if you've completed previous education in English.)

Miscellaneous Criteria

Beyond academics and language skills, universities also look at additional qualifications that showcase your readiness for the program.

Read about the complete list of requirements for studying in the USA to ensure a smooth application process. 

Cost of Studying a Master's in Finance or Accounting Abroad

Pursuing a Masters in Finance abroad or a Masters in Accounting abroad is a valuable investment, but understanding the costs involved is crucial for planning your studies effectively. Tuition fees vary depending on the university, country, and whether you're attending a public or private institution. 

Tuition Fees & Cost of Living by Country

Below is a table detailing the tuition fees and living expenses in popular study destinations:

(Note: INR conversions are approximate, based on current exchange rates, and subject to fluctuations.)

Also Read Cost of Studying Abroad for Indian Students in Rupees

What Else Should You Budget For?

Beyond tuition fees and general living expenses, here are additional costs to consider when pursuing your Master’s in Finance abroad or Master’s in Accounting abroad:

•  Accommodation: Depending on the city and lifestyle, housing costs can range from USD 5,000 to USD 15,000 per year (INR 4-13L). On-campus options may be more affordable, while private rentals in major cities can be expensive.
• Food & Transportation: Expect to spend between USD 3,000 to USD 5,000 per year (INR 2.5-4L) on meals and public transport, depending on the country.
•  Health Insurance: Many countries require international students to have health coverage. This can cost anywhere from USD 500 to USD 1,500 per year (INR 40K-1.3L).
•  Study Materials & Miscellaneous: Books, software, and other course materials can cost USD 1,000 to USD 3,000 per year (INR 85K-2.5L).

Masters in Accounting and Finance Abroad: Financial Aid and Scholarships

Pursuing a Master’s in Accounting abroad or a Master’s in Finance abroad can be a significant financial commitment. However, numerous financial aid options and scholarships are available to help international students fund their education. From university-sponsored grants to government-funded programs, these resources can ease the financial burden and make your study abroad journey more accessible.

Read More: Difference between fellowship and scholarship

Types of Financial Aid and Scholarships

Exploring these funding options can make a significant difference in managing tuition fees and living expenses. Now that you have a clear picture of financial aid, let’s explore the career opportunities that await you after completing a Master’s in Accounting abroad or a Master’s in Finance abroad. 

Read More : Top Indian Government Scholarships to Study Abroad

Career Opportunities After Masters in Finance & Accounting Abroad

Earning a Master’s in Accounting abroad or a Master’s in Finance abroad paves the way for prestigious roles across various industries worldwide. Graduates can explore lucrative opportunities in banking, corporate finance, investment management, and auditing.

Below is a table showcasing some of the most sought-after job roles along with their average annual salaries in top financial hubs:

United States

The United States is home to Wall Street and financial giants like Goldman Sachs, JPMorgan Chase, and Morgan Stanley. With an MS in Finance or Accounting, you can explore high-paying roles in investment banking, financial consulting, and corporate finance, particularly in cities like New York, Chicago, and San Francisco.

Top Finance & Accounting Jobs in the US

Note: The current exchange rate is 1 USD = INR 86.37.

United Kingdom

London, often referred to as the financial capital of Europe, offers immense opportunities for finance and accounting professionals. With a strong banking sector and firms like Barclays, HSBC, and PwC, the UK is an excellent choice for career growth.

Top Finance & Accounting Jobs in the UK

Note: The current exchange rate is 1GBP = INR 112.04

Canada

Canada’s financial sector is booming, especially in cities like Toronto, Vancouver, and Montreal. With a Master’s in Finance abroad or a Master’s in Accounting abroad, you can find roles in wealth management, corporate finance, and auditing, supported by Canada’s strong job market.

Top Finance & Accounting Jobs in Canada

Note: The current exchange rate is 1 CAD = INR 60.23:

Australia

Australia is a growing hub for finance and accounting professionals, with cities like Sydney and Melbourne offering competitive salaries and strong career growth. Top firms such as Macquarie Group and ANZ Bank actively seek finance experts.

Top Finance & Accounting Jobs in Australia

Note: The current exchange rate is 1 AUD = INR 54.61.

Singapore

Singapore is one of Asia’s top financial hubs, with a strong demand for skilled finance and accounting professionals. With multinational banks like DBS, UOB, and Standard Chartered, it offers excellent career opportunities.

Top Finance & Accounting Jobs in Singapore

Note: The current exchange rate is 1 SGD=INR 64.81.

Looking for global career growth? Explore career opportunities abroad based on your industry.

How to Choose the Right Master’s in Finance or Master’s in Accounting Program?

Choosing the right Master’s in Finance abroad or Master’s in Accounting abroad program is essential for career success. Here are key factors to consider:

Key Factors to Consider

• Reputation & Accreditation – A well-ranked university or business school ensures global recognition and high-quality education.
• Return on Investment (ROI) – Compare tuition fees with potential salaries after graduation. A high ROI program ensures strong career growth.
• Curriculum & Specialization – Look for programs covering core finance/accounting topics with electives in fintech, risk management, and mergers & acquisitions.
• Internship & Placement Support – Choose universities with strong industry connections, offering better job opportunities.
• Location & Networking Opportunities – Studying in financial hubs like New York, London, or Singapore provides better career exposure.
• Alumni Network – A strong alumni network can open doors for job placements, mentorship, and career growth.

University vs. Business School – Which is Better?

Further read about top 15 Best Business Schools in the World for 2025 and choose the right path for your Masters in Finance Abroad or Masters in Accounting Abroad with upGrad.

Why Choose upGrad  to Study for Masters in Finance & Accounts Abroad

It’s entirely your decision which country you choose to study abroad for your Masters in Finance Abroad or Masters in Accounting Abroad, but always align it with your long-term career goals. Business schools offer better industry exposure, while universities provide in-depth academic knowledge. Consider job opportunities, course content, and location before making your final choice.

How upGrad Helps?

✔ University Selection & Admission Support – Get expert guidance to choose the right university based on your academic background and career aspirations.
✔ Scholarships & Fee Discounts – Access exclusive scholarships and tuition fee waivers through upGrad’s university partnerships.
✔ Application & Documentation Assistance – Receive end-to-end support for SOPs, LORs, and application submissions to ensure a seamless process.
✔ Visa & Pre-departure Guidance – Get assistance with visa applications, accommodation, and travel planning for a hassle-free transition.
✔ Hybrid Learning Options – Start your coursework online with select universities before moving abroad, making education more flexible and cost-effective.

With upGrad, studying a Masters in Finance & Masters in Accounting Abroad becomes easier, with structured guidance, financial benefits, and expert mentorship.