Yocket’s Grad School Finder is tool specially designed for Yocket users. You can enter your prefered course, academic details, exam results, essay and extra curricular ratings and get a specially curated list of universities for your profile.Read More
Our developers here at Yocket have worked especially hard to come up with this feature. We use big data and artificial intelligence to help predict the chances of you getting an admit from a university for a particular course. You can use this feature along with our grad school finder or click on the course of your choice on the University’s review page!Read More
This feature can be used to compare two or more universities. It displays comparisons based on Cost of studying, Scholarships, Weather, Location, Ranking, and so much more!!.Read More
Given is a set of universities, third parties and government institutions that offer scholarship opportunities to international students wanting to pursue their studies abroad.Read More
The Undergrad College Finder is a great way to commence your journey to your dream University for your Bachelors. You just have to enter your Test Scores (SAT/ACT scores, average of your scores in High School) and fill your Academic Profile (name of the Board and latest Institute attended) and thereafter get a specially curated list of the 12 Universities for your profile, classified under Ambitious, Target & Safe.Read More
Finance and Financial Engineering, so similar yet so different. A lot students tend to get confused between the two, as well as MBA in Finance. All three of these degrees are quite different even though they might have the same focus area - FINANCE!!
While an MBA in Finance is a good option, it doesn’t go in depth in Finance. You study a wide variety of subjects but none truly in depth. If you wish to take a managerial position and are learning a team working in finance, then doing an MBA in Finance is a great option! It will teach you about the basics and give you a great overview in Finance along with the necessary management and business focused subjects.
Now, let's discuss the other two degrees: MS in Finance and MS in Financial Engineering.
There are a few points of comparison between the two:
If you are interested in Analysis and Quantitative study and how they could be used in Finance, then MS in Financial Engineering is the course for you. For more details refer to the blog on MS in Financial Engineering courses.
On the other hand, if you like learning about financial concepts and theories and how they can be used in today’s market, then MS in Finance is the course for you!
MS in Financial Engineering would require you to have some kind of technical background.
While, MS in Finance would require you to have some kind of finance related background.
MS Financial Engineering, in a lot of cases, is taught by the school of engineering as a joint program with the school of management. MS in Finance is taught by the school of management.
Make sure to check which school is teaching the course as the entry requirements will vary greatly for both.
The School of Engineering would generally require a GRE score, whereas the School of Management would require a GMAT score. In both cases, you will need to give either the TOEFL, IELTS or the PTE exam.
MS in Financial Engineering includes subjects* like:
*Subjects taken from MS in Financial Engineering from NYU Tandon School of Engineering.
MS in Finance will include subjects* like:
*Subjects taken from MS in Finance from MIT Sloan School of Management.
Both courses generally are considered STEM courses. Therefore, you are eligible for the OPT extension.
After getting a degree in Financial Engineering, you are eligible for roles that involve both finance as well as analysis and machine learning. Job roles that you could be hired for include Financial Engineer, Derivatives Analyst, Credit Risk Manager, etc. You will work with data and reports to help make conclusive decisions related to finance.
After getting a degree in Finance, you are eligible for roles that primarily involve finance. Job roles that you could be hired for include Financial Advisor, Associate Finance Manager, Financial Admin, Financial Broker, etc. Your main focus will be in the area of finance.
We hope your confusion has been cleared and you can now make an informed decision!
Read our University Reviews to help you know a little more about various universities all over the world. You can also read more articles here! Make informed decisions and plan your education abroad wisely with us.
Yocket is the largest regional online community for students with a desire to pursue higher education abroad.
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