The leading ranking of graduate schools in the United States, prepared annually by U.S. News & World Report, identifies the 10 top graduate schools for studying finance. A graduate degree in finance prepares the student for work in corporate finance, investment banking, or private equity, and typically provides important skills development in management and business administration as well. The top five finance graduate schools, ranked from one to five, are located at the University of Pennsylvania, the University of Chicago, New York University, Stanford University, and Columbia University.
The University of Pennsylvania Wharton School is regularly ranked among the top business schools in the nation. It offers two graduate finance programs, including an MBA program with a major in finance and a finance PhD program. The MBA/finance program is the Wharton School’s most popular MBA major, and it is ranked above all other finance masters programs in the country. The finance PhD program is also widely regarded as a world leader, with arguably the single best finance faculty in the world.
The University of Chicago Booth School of Business houses the second ranked finance MBA program in the nation. The program prepares students for work in corporate finance and investment banking. Also, this program has a special emphasis on working with financial data to assess risk and reward and to make high level business decisions. Those students who have a special interest in investments have the opportunity to join the biggest student group at the University of Chicago, the Investment Banking Group, which provides important opportunities for learning and for networking with leading investment banks. The Booth School’s Financial Analysis and Treasury Group provides similar opportunities to students with an interest in corporate finance.
The New York University Stern School of Business offers several graduate finance degrees, including the third ranked finance MBA degree in the nation, a highly regarded Master of Science in global finance degree, and a finance PhD degree regularly ranked among the top in the nation. This finance PhD degree even earned a number one ranking by the Chronicle of Higher Education in 2007. Located in New York, among the world’s leading financial centers, the New York University Stern School of Business is an excellent choice for graduate education in finance.
The Stanford Graduate School of Business takes the fourth spot in the 2011 finance graduate school rankings. It offers both an MBA program with a specialization in finance and a finance PhD program. The finance MBA is designed to build a broad foundation in management skills and deep knowledge in corporate finance and investment. The PhD program trains students in quantitative analysis and methods of research. This program is designed to lead to academic positions in universities and colleges.
The Columbia Business School at Columbia University offers a finance MBA program and a finance PhD program. MBA students have the opportunity to specialize in one of three finance career tracks, including corporate finance, asset pricing, and financial institutions. Students may also develop a customized curriculum from the wide range of available courses, which are taught by one of the most respected finance faculties in the nation.