International finance degree programme

In the 21st century, business is more global than ever. The exchange of goods and products between countries is very dynamic, and finance has become global in order to adapt. Companies, consultancy firms or banks need professionals who can understand the complexity of international finance to help them achieve their goals. International banking, global trade or cross-border investment make the jobs in the sector unique. To start your career, you will need a degree in international finance to develop the skills you need. Here is what you need to know.

MSc in International finance

The importance of international finance

International finance is a real opportunity for businesses who can access new capital and new markets to ensure their long-term growth. For example, a company may decide to source its raw materials from abroad to reduce costs. Or it may decide to outsource some of its activities. Buying other companies or setting up shops in new countries is also common.

By making the right investment decisions, companies can increase their competitiveness and attract new investors.

It is such a strategic sector that there are consultancy firms that offer their advice. There are also many international banks that operate in several countries and play an important role in global finance. For example, they facilitate international money transfer and they allow businesses and individuals to buy and sell in different currencies.

But investing abroad brings many new challenges.

Risk management, for example, is more complex because all countries may present risks that the company isn't used to. For example, the region in which the company wants to invest may be prone to natural disasters that don't exist at home. International finance specialists know how to assess risks and give the board the best advice to make the best investment decisions.

This is why companies need specialised professionals who know how to manage their finances on an international level. To access this sector, it is important to have acquired a specialised degree.

The future of international finance

As the world changes, so does finance, especially at the international level.

In the future, climate change will affect all aspects of business, including international finance. In particular, risk management will be more important than ever. The coming increase in extreme weather events around the world means more unpredictability. The role of risk managers will become even more important in deciding where to invest. Over time, new legislation to mitigate climate change will impact companies' operations and they may face new legal risks if they fail to adapt.

The economic rise of countries such as China or India will have an impact on the global market, with some currencies gaining in international use and importance, or new investment opportunities as the need for new infrastructure in emerging countries increases. It is also worth noting that these countries will experience demographic changes (such as a decline in the working-age population ratio) as their economies continue to grow. The policies they adopt to address these issues will also affect the global economy and international finance.

Of course, new technologies will also have an impact, with AI and automation allowing professionals to focus on advice and analysis. Decentralised Finance (DeFi) can also have a profound impact on international finance, providing a globally accessible and open financial system.

To be ready for these challenges, you need a degree in international finance that will equip you with an adaptable, open and innovative mind.

MSc in International finance

Career prospects after obtaining a degree in international finance

With increasing globalisation, there is a growing demand for professionals who understand and can meet the challenges of multinational business. A degree in international finance offers ambitious students many career prospects.

If you choose to work in this sector, you may decide to work for a private company. In that case, there are many specialisations you can choose from, such as investment management, risk analysis, international trade, etc. There are also many opportunities in non-profit organisations or government agencies.

You can also work for a consultancy firm. In this case, you will have a portfolio of clients whom you will help to achieve their international goals by providing risk management advice, financial analysis and reports on the profitability of their investments. You can also work for a bank, where you will have the same advisory role, but will also sell products such as loans, structured products, etc.

After graduation, there is a wide range of exciting job opportunities such as:

Assistant Portfolio Manager
International Risk Analyst
International Financial Analyst
M&A Analyst
Strategy Consultant

Key recruiters in International Finance

What skills will you gain from studying international finance?

By studying to get your international finance degree, you will develop key skills sought after by many companies.

You will for example learn about corporate finance and financial accounting. You will also study advanced subjects such as empirical methods in finance, fixed income and derivatives, advanced valuation, etc. A good programme will also allow you to choose electives (such as Python for finance or mergers and acquisition) to personalise your curriculum.

Last but not least, you will also gain transverse skills such as management and leadership, to prepare you to lead a team. Studying in international finance also means that you will get specific soft skills. Recruiters don’t just look at your hard skills, they also pay attention to your personality and what human qualities you have. This is why you will also develop your communication skills, cultural awareness, problem-solving abilities or critical thinking.

Why should you pursue a degree in accounting & finance at EDHEC Business School?

International finance is an increasingly important field, and a specialised diploma is the best way to start your career in this sector.

Joining an international business school that is recognised around the world will give you the best chance of success.

EDHEC Business School is an excellent choice. Our programme is ranked #6 worldwide among the best Master's in Finance by the Financial Times. Such a high ranking is proof that when you choose our MSc in International Finance, you get a degree that will shine on your resume.

MSc in International Finance

FAQs

Is international finance a good degree?

An international finance degree is a great choice for applicants seeking a career in global finance. It provides the skills needed to navigate international markets, understand cross-border investments, and manage financial risks. The degree’s strategic relevance ensures you can contribute to multinational corporations, consultancy firms, private companies or international banks. Additionally, it prepares graduates for leadership roles by combining technical expertise with critical soft skills like communication and cultural awareness. EDHEC's MSc in International Finance programme includes practical applications to ensure students are well-prepared for the industry.

What jobs can I get with an international finance degree?

An international finance degree opens doors to diverse and exciting careers. Graduates often pursue roles in sales trading, portfolio management, mergers and acquisitions (M&A), private equity, debt management, investment advisory, and risk management. These positions are found in multinational corporations, consultancy firms, private companies, international banks, and other global financial institutions. The degree's CFA-aligned training ensures you are well-prepared to meet the industry's needs. Additionally, those with relevant work experience may access higher-level roles in financial institutions.

What is the difference between finance and international finance?

The primary difference lies in scope. Finance generally focuses on managing money, investments, and financial planning within a specific region or country. International finance, on the other hand, deals with financial activities that cross borders. It involves understanding exchange rates, foreign investment, global trade, and international markets, making it more complex and dynamic. Programmes in international finance often include optional modules that allow students to specialise in areas like global risk management or international banking.

What is the highest degree in finance in the world?

The highest degree in finance is typically a PhD in Finance, which is offered by leading universities worldwide like EDHEC Business School. This advanced degree is research-oriented and prepares individuals for academic, high-level consulting, or senior leadership roles in global financial institutions. Some institutions also offer prestigious executive finance programmes, which are highly valued in the corporate world.

Which degree is best for finance?

The best degree for finance depends on your career goals. A Bachelor's in Finance is a solid foundation for entry-level roles, while a Master's in Finance (Master in Management or MSc) or an MBA in Finance provides advanced knowledge and leadership skills. For a global perspective, a specialised degree like the MSc in International Finance is highly recommended. EDHEC Business School's Master's in Finance, ranked #6 worldwide by the Financial Times in 2024, is an exceptional choice for those seeking a prestigious and globally recognised qualification. It offers applicants excellent career prospects. Its curriculum also includes practical applications, advanced analysis techniques, and insights into new technology shaping financial markets.

What courses are included in EDHEC's MSc in international finance?

An international finance degree offers a comprehensive curriculum designed to equip students with the skills needed for global financial markets. At EDHEC Business School, the MSc in International Finance includes:

Foundation Courses: These cover essential topics such as Financial Analysis & Valuation, Corporate Finance & Asset Markets, and Strategic Management.
Core Modules: Students delve into subjects like Corporate Finance, Financial Accounting and Analysis, Portfolio Management, Empirical Methods in Finance, and Fixed Income & Derivatives.
Personalisation Period: This allows students to tailor their learning through electives, certifications, or participation in learning expeditions.
Master's Project: A significant component where students develop strong analytical and writing skills on a chosen topic.

This structured approach ensures graduates are well-prepared for the complexities of international finance.

For further information and full details, EDHEC’s MSc in International Finance website provides insights into course structure, tuition fees, scholarships information and more.

What are the requirements to apply for the International Finance degree?

The requirements for applicants who wish to pursue EDHEC's MSc in International Finance include:

Bachelor's Degree: Applicants must hold a minimum of a three-year undergraduate degree, preferably in business, economics, engineering, or related fields. Some programmes may also accept degrees in social sciences or natural sciences, depending on their focus.
English Language Requirements: Non-native English speakers are required to provide proof of English proficiency. Commonly accepted tests include:
- TOEFL: A score of 92 or above (internet-based).
- IELTS: A minimum overall score of 6.5.
- TOEIC: A score of 850 or higher.
- Cambridge Test of English: A minimum score of 175.
Optional Standardised Tests: While not always mandatory, a strong GMAT, GRE, or similar test score can enhance the application. These scores may be required for competitive programmes or to qualify for scholarships.

What are the key differences between a Master in International Finance and a Master in Corporate Finance & Banking?

A Master in International Finance focuses on global financial markets, investment strategies, and cross-border financial management. It equips students with the knowledge to assess investments, manage portfolios, and make corporate finance decisions. This programme is particularly suitable for those seeking careers in international financial markets, investment banking, or multinational financial institutions.

In contrast, a Master in Corporate Finance & Banking emphasises advanced corporate financial analysis, company valuation, and financial modelling. It covers topics such as mergers and acquisitions, private equity, and corporate risk management. This degree prepares students for roles in corporate finance departments, investment banking, consulting, or financial advisory services.

The main distinction lies in the scope: the Master in International Finance provides a global perspective, whereas the Master in Corporate Finance & Banking offers specialised knowledge of corporate financial structures and banking operations. Both programmes provide opportunities for professional development and include practical applications and optional modules tailored to specific interests.