Tag: GRE (page 2 of 11)

Top 10 colleges worldwide offering Masters in Communication and Media Studies!

Can you imagine life without movies or music, or even just news? We are constantly in contact with the media and while the word ‘media’ usually sounds like news channels and journalism, it isn’t just that.

Media is YouTube’s one-pot recipes and 5-minute crafts. It is Netflix and Spotify that bring movies and music from all over the world, and it’s also the stock profiles you check every morning on CNBC. Media is Facebook, Instagram, and LinkedIn, though these fall into a narrower category called social media.

Despite the broader classification, do you know what the singular greatest goal of the media is? Communication! And we are in an age where steady communication plays a major part in our lives. For real though, how else would we know the total coronavirus cases and recoveries, right?

The media is a humongous industry, and the opportunities are not just endless, they’re glamorous. Whether you want to go into digital marketing, become an actor, or an investigative journalist, pursuing a communications and media studies major is your best bet.

You can start with media studies at any point in your life, but there’s a lot of competition in this field. The best way to go about it is either through a masters in media and communication or a masters in mass media, the careers that you can pursue with these degrees are many. Most media students go into advertising, public relations, broadcasting (radio, TV, electronic media), journalism, politics and social services to name a few. So, if you’ve decided to pick this major, keep reading because we have a list of the top 10 media and communications programs from around the world. (Ranked by QS World University rankings)

1. University of Southern California, USA

Global Rank: #2

USC offers 10 graduate degree programs in the fields of journalism, communication, public relations and diplomacy. Some of their most famous programs are:

  • MS in Communication Data Science
  • MA in Public Relations and Advertising
  • MCG in Communication Management
  • MA/MS in Specialized Journalism
  • MS in Digital Social Media

Applications are open for their MA in Global Communication and MSc in Global Media Programs.

2. Stanford University, USA

Global Rank: #5

Stanford offers three kinds of programs, PhD/ Joint PhD, Masters and Coterminal. The Coterminal MA in Communication is for undergraduate students who wish to pursue a masters in media studies or journalism simultaneously. Also, Stanford is one of the top journalism universities in the world, and its MA in Journalism is regarded highly.

3. The University of Texas at Austin, USA

Global Rank: #4

The University of Texas at Austin offers an MA in Journalism in three tracks – professional, hybrid and research & theory. With courses like media law, visual journalism and business/innovation, the students pursuing this program get an all-round education. Moreover, all enrolled students are eligible for TA-ships and Fellowships.

4. University of Amsterdam, Netherlands

Global Rank: #1

Ranked at first place in the world, the University of Amsterdam offers one-year masters programs in New media and design culture, Film studies, Television and cross-media culture. They also offer specialized dual and research masters programs in media studies in English.

5. University of Zurich, Switzerland

Global Rank: #16

The Master of Arts in Social Sciences at UZH focuses on a complete communications education that focuses on four areas; internet and society, strategic communication, news and entertainment and political communication. The language of instruction is German and English together.

6. Ludwig Maximilian University of Munich, Germany

Global Rank: #25

LMU is one of Germany’s leading institutes and is known for its highly specialized and interdisciplinary education. Their flagship media program is the M.Sc. in Media, Management and Digital Technologies. This is a two-year course, and what’s more? The tuition is zero.

7. The London School of Economics and Political Science, UK

Global Rank: #3

LSE offers the best social sciences education in the UK and is globally recognized for its media degrees. They offer 13 graduate programs with specializations in the media and communications domain. Here are the top-ranked ones:

  • MSc Media and Communications
  • MSc Gender, Media and Culture
  • MSc Media and Communication Governance
  • MSc Strategic Communications
  • MSc Global Media

LSE also offers a study abroad program where you can take one year at their university and the second year at the University of Southern California (#1).

8. McGill University, Canada

Global Rank: #46

McGill is Canada’s most international university with over 23% of students coming in from around the world. It offers MA and PhD degrees in Communication Studies. The program focuses on a variety of fields including film, sound studies, public policy, and media with technology. The degree offers a balance between social sciences, humanities with the scope of media in today’s world.

9. Queensland University of Technology, Australia

Global Rank: #17

With the whole world going digital, the media and communications space have to find a way to keep up. This is the concept behind QUT’s Master’s program in Digital Communication. This degree is future-focused and emphasizes analysis, artificial intelligence and data visualization to understand the highly volatile media industry.

Duration: 2 years/FT or 4 years/PT

10. Symbiosis Institute of Media & Communication, India

Symbiosis is one of India’s most popular deemed universities and has consistently made its place in the media and communications fields. They offer two communications programs:

  • MA in Mass Communication

Tuition Cost: $4,486/Year

  • MBA in Communication Management

Tuition Cost: $5,387/Year

Need more info on how to do a Masters in Media and Communication? Schedule a 15 minute 1-on-1 session with our expert admissions counselors now. It’s totally free!

Flying to UK as an international student in 2022? You’ll need this checklist!

Have you decided that you’ll be studying in UK? Are you just one step away from your dream college? Firstly, we admire you! While the whole world is looking for ‘safe’ options, you have decided to embrace this challenge and go ahead with your study abroad plans, this makes you a leader! And leaders are what the world needs!

With coronavirus on the loose, the situation today is quite different than it was a year ago. Covid-19 undoubtedly brought chaos, but on the bright side, you have a couple of perks as an international student today, with more flexible admissions processes and a modified UK student VISA procedure. So, if you are flying to the UK this year, let’s go over a checklist that you can consult while you pack your bags.

Before your Travel

Basic Documents: When your Tier 4 entry clearance visa is granted, you will receive a time duration before which you need to travel to the country. The actual UK student VISA, in the form of BRP (Biometric Residence Permit) should be collected on arrival. And you will need a BRP collection letter for the same, so make sure to have it well beforehand and write to the high commission if you didn’t get it. Without one, you might be stopped at immigration. The other basic documents you’ll need are your flight ticket and passport. Pack your CV and certificates too.

What are the new rules for international students in UK?

Have you taken the GMAT before?

Pro Tip 1: Carry a bunch of passport size photographs (at least 20), as it’s quite expensive to get them clicked in the UK. Follow the UK driver’s license measurements as they are used almost everywhere. Keep handy a couple of Indian passport size photographs too.

Pro Tip 2: If you have a driver’s license, bring it along. You can transfer your Indian license to the UK and use it for up to 1 year.

Education Documents: You will need all your original education certificates. These include your 10th and 12th mark sheets. If you are applying to a graduate/PhD program, you will also need your Bachelor’s semester-wise mark sheets and original degree (or provisional). Some universities in the UK have provided relaxation on their English Language test requirement by accepting 12th grade English scores or scores from a Duolingo test. However, if your university requires an IELTS Score or a Medium of Instruction (MOI) certificate, make sure to have it with you.

Financial Documents: Pack your Bank loan letter (if applicable) and the receipts of all fee payments that you made to the university, include your application fee too. Also, carry multiple photocopies of all financial documents that you provided during your VISA application.

Other documents required at the airport: The Confirmation of Acceptance for Studies (CAS) is a super important document that you must always bring. Do pack your LORs, passport copies, and a copy of your admissions letter. If you are younger than 18, make sure to carry a clear consent letter from your parents or guardian. Also, the UK requires a mandatory Tuberculosis Medical certificate, so carry the original document. At the immigration check, you will be asked for an accommodation contract proof, this must include the address at which you will be staying in the UK and their contact number. Even if a soft copy seems sufficient, have these documents printed out to avoid any inconvenience or delays at the airport.

Other Things: A spare phone is a must, also carry your laptop and an international debit card. And keep at least 1000-1500 pounds cash in low denominations handy.

During your travel

Don’t overpack your suitcases and try to leave at least 1 kg as a buffer. The extra luggage charges are insane, and you don’t want to fall into that expensive mess during check-in. Also, check your ticket, do you have layovers? Will you need to pick up and re-check-in your baggage at these stops, or will your luggage directly head to the UK? You can always ask airport support if you’re unsure. Better safe than sorry, right?

The UK is very strict about food items that make it into their country, so if you’ve packed any, make sure to label them and include what’s in it. If you don’t, they will surely toss it out. At the end of your flight, you will receive a landing card that requires basic flight and accommodation details. They will ask for it during the immigration check, so be sure to fill it up and keep it close.

After the Travel

On landing, buy a SIM card at the airport and figure out a way to get to your accommodation, many apps provide train and bus. Also, be sure to call your parents as soon as you land, and again when you reach your accommodation. Due to COVID-19, everybody who travels internationally has to undergo a 14-day quarantine period. This is the reason why we recommend carrying your laptop and a spare phone. You can use them to order essentials, groceries and also to attend any online classes or orientations you might be having. After the quarantine period, you can head to the university where your original documents will be verified, and voila you’re finally ready to study abroad in UK, the journey begins! We wish you the best of luck, leaders!

What is a good GRE score to apply for a PhD in the USA?

The land of liberty isn’t just about fried food and American football. The USA is consistently the most popular study abroad destination for students from all over the world. Wondering why? Take a look at any world university ranking list, the USA is sure to dominate it, and this is a direct reflection of the effort and investment the country puts into developing its education standards. With institutes that have a history spanning centuries, mixed with a modernized global culture, the USA is among the top in the world for technology, innovation and world-class programs!

The US takes the crown when it comes to a PhD education, they are one of the first countries in the world to adopt a new and improved PhD model. While most countries focus mainly on the research aspect, universities here take a rigorous route and emphasize on developing a professional mindset along with regular research, through continuous training. Another bonus point is that a PhD from the USA often takes longer than that from countries like the UK, meaning that you’ll have enough time to adjust as a student and develop a stronger base in your subject before you start off on your thesis. Apart from this, the international student community, scope for innovation, guaranteed TA-ships & scholarships, and the option to choose among almost 1500 universities are some of the other reasons to pick America as your PhD destination. Convinced? Now how do you go about it?

How much GRE score is required for PhD in USA?
 

Have you taken the GRE before?

 

 

 

The first step to studying abroad, whether master’s or PhD, is the GRE. This is the test of choice for almost 9 out of 10 universities in the US because it accurately assesses the potential of a student for advanced study, and a good GRE score exponentially increases your chance of admission.

This computer-based test is developed in such a way that no two students get the same questions, and it evaluates students in three sections; quantitative reasoning, verbal reasoning and analytical writing. However, the components that show up on your final GRE score are the verbal and quantitative sections. These are each scored from 130 to 170 points, so your total GRE score ranges from 260 to 340. The writing section is scored from 0-6, and while it doesn’t show up in your final score, it is often separately analysed by the admissions committee, a decent score is 5+. Now, what is a good GRE score for PhD in USA?

Most universities set the score requirement based on the program, and individual scores matter more than the overall total. For example, if you are looking to do a PhD in mathematical models or analytics, you will need to have a higher quant score, and a PhD in sociology requires a higher verbal score. The mean GRE score lies between 302-310. However, since PhD fundamentally takes the academic route, minimum GRE score for PhD in USA is slightly higher than the average, in the high 150s for each section

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While the test is an important part of your application, it isn’t all of it. Universities in the US look at your profile with just as much attention. The rest of your application includes essays, letters of recommendation and statements of purpose. Apart from these, as a potential PhD candidate your academic record, projects, published research papers and work experience are often the final deciding factors.

Universities spend a lot of time and money into developing top-class research infrastructure, and they are quite cautious about who they are letting in. While you do your due diligence, make it a point to spend time on finding the right program and university for your end goal. Also, learn more about the department you’re applying to and the professors you might be working under.

At the end of the day, as a PhD student your research problem matters most, so talk about it in your SOP and essays. Specifically, try to answer the question ‘How will the PhD program from this particular department under X professor help me solve my research problem?’

Now, as a bonus section, here are 10 of the top universities in the US and their average GRE scores.

S.No University Quant Average Verbal Average
1 Massachusetts Institute of Technology 164 163
2 Stanford University 168 165
3 Georgia Technological University 161 155
4 University of Michigan Ann Arbor 162 160
5 Texas A&M University GRE requirement is waived off for 2021 And Spring 2022
6 Columbia University GRE is not required For 2021 admissions
7 University of Maryland College 160 (GRE score is optional) 154 (For Fall 2021)
8 Northwestern University 161 (Optional for Fall 2021) 154
9 University of Texas Austin 160 155
10 University of California Berkeley 161 (Not required for EECS) 155 (For 2021)

Remember, the first step is to do your best and get a decent GRE score. Next, spend enough time researching to make sure you pick the right universities and the right professors. Finally, draft outstanding SOPs and essays to compliment your previous research, work-ex and your dream PhD program. At Jamboree, we help you through every step of the way, right from GRE prep with our unique programs to admissions counselling that provides professional support in university selection and profile development.

How to become an environmental economist

Economics! What’s the first thing that comes to your mind? In the simplest sense, economics is about supply and demand. Before we dive into the details of environmental economics, let’s get an Eco101 recap. There’s the supply curve and the demand curve. The point where the supply meets the demand is the ideal situation, and the universal goal is to hit this equilibrium. They look like this.

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Now in the second graph, do you notice the upward shift in the supply curve? This means that what was initially supplied at $5 is now supplied at $7. And because of this upward shift, there is an increase in the equilibrium price and a decrease in quantity.

Are you wondering what caused this upward shift? It is due to external factors, also known as extremities. These extremities could be anything from the cost of labour, to the cost of pollution. And this is where environmental economics comes in.

Environmental economists claim that while external factors like labour, raw material costs, technology costs and others make their way into the graph, the not-so-direct factors don’t. These include things like environmental pollution, environmental resources, global warming and especially waste. The pacific garbage patch is definitive proof that this is a real concern. We’ve all heard of the awful state our environment is in, and the many rants about global climate change. The environment is giving out resources, but we aren’t just using them; we are using them up. And in the process, we’re generating tons of waste that are compounding on our environmental loan.

Environmental economics considers abstract parameters like pollution, resource depletion, education or health of a country in more quantifiable terms. It aims to solve the mismatch between the shift in the supply curve with these factors and the original supply curve. This decade has a new buzzword making its way into the limelight – sustainability! And this is the core of environmental economics.

One of the most used results of environmental economics is the cap system. Have you heard of industry pollutions limits? Since pollution is an inevitable by-product of industries, the government and policymakers have introduced the cap system. Here industries are allowed to operate as long as their pollutant level is within the cap, and severe legal actions are taken when they exceed the cap. Another modification to this policy is the cap and trade system. Say two factories produce the same product, one of them has a top-class waste management system and its pollution contribution is within 10% of the cap. The other factory, however, is over exceeding its cap due to outdated equipment and cannot upgrade anytime soon. Factory 2 has an option to pay factory 1, to claim some of that cap space. Hence, the cap and trade system. Interesting, right?

Curious about what else environmental economists do? Lots of research! Say your project is the construction of a dam. You will need to study historical data and perform cost-benefit analyses. You will run environmental modelling programs and tests on the health effects of the project. You will also need to figure out technicalities like durability of the construction, duration, costs of limited resources and ways to reduce pollution. It also has a glamourous side to it, as environmental consultants, you will regularly engage with high profile policymakers, industrialists and professionals on your projects as key decision-makers. All these are just a handful of things an environmental economist does. Most environmental economist jobs are in Social impact consulting, Environmental consulting and federal industries. Did you know? The average environmental economist’s salary is $116,020 per year and can go up to $185,000/year.

So, how do you become an environmental economist? Although you can join laterally from a consulting career. The ideal way is through formal education. You will need to get a bachelors degree with a strong scientific or mathematical background, there are colleges that offer environmental economics degrees at the undergrad level too. Some industries recruit bachelor’s students. But it is advisable to apply for a specific environmental economics masters degree. Since this field focuses a lot on research, a PhD in environmental economics is a great option as well.

Now that we’ve covered the what, why and how of environmental economics. Let’s talk about the where! There are many reputed universities that offer environmental economics programs. We are limiting our scope to master’s degrees. Here are 5 of the top universities to pursue this specialization.

  • MSc Environmental Economics and Climate Change at The London School of Economics and Political Science, UK

The program offers a deep understanding of the sciences, economics and policies that are associated with climate change. With world-class quantitative methods and highly experienced faculty, this program is one of a kind.

Cost: $35,000

Duration: 1 year/FT and 2 years/PT

  • MSc Economics and Policy of Energy and the Environment
    University College London, UK

UCL is one of the top schools in the world and has gained international recognition for its curriculum. This MSc is a unique program that focuses on the present environmental problems, especially in the energy and climate fields.

Cost: $36,000

Duration: 1 year/FT and 2-5 years/PT

  • MSc Environmental Economics and Environmental Managements
    University of York, UK

This program combines three different sciences – economical, ecological and social systems to develop the skills needed by today’s policymakers, environmental scientists and consultants to tackle global environmental issues.

Cost: $24,000

Duration: 1 year/FT

  • Environmental Economics & Policy
    Duke University, USA

This program allows students to learn to make effective choices to address today’s national and global environmental problems. Students learn the relevant parts of economics, politics and law for an all-round environmental economics study.

Cost: $42,000

Duration: 1 year/FT

  • Environmental Economics and Management
    Michigan State University, USA

This program offers integrated learning of natural resource management and economics with a focus on core business principles. Students also undergo an additional capstone course in the field of corporate environmental management.

Cost: $50,000

Duration: 1 year/FT

If you are looking to build a career in Environmental Economics, connect with our counselors to get more information about profile pre-requisites, how to apply, scholarships, financial aid options and more.

Joining college online in Fall 2020? 10 important tips for freshmen

With over 21 million cases worldwide and deaths heading to hit the one million mark, coronavirus pandemic has taken the whole world by storm. But the silver lining in this storm is the evolution of the digital revolution. We’ve reached a new level, a level that makes this shift not a luxury, but a necessity.

Researchers all over the world are studying COVID-19 and thinking of ways to combat it. In a recent report by the Centre for Infectious Disease Research and Policy, experts predict that we are only in the first wave, and there are two more deadly ones yet to come. They anticipate the second wave to be in early winter when the temperatures are low and people falling sick are high. So, what does this mean for students looking to join a college in the Fall?

You’ve got three roads ahead of you –

1. An on-campus program

2. A hybrid program (online + campus)

3. An online program

The on-campus and hybrid programs are an article for another day, so keep an eye out. But if you’re going to join a college online in the Fall of 2020, we’ve got some advice for you.

Here are 10 pro tips for college freshmen, from specific info on how to prepare for college classes to general hacks on how to prepare for college life online. Let’s get right to it.

  1. Personal Network
  2. College is about making friends and building lasting relationships. Sure, you might have missed the chance of parties and eating out together, but that doesn’t mean that you can’t do anything else to make meaningful connections. Although your classes might be online, make an effort to get to know your classmates outside of the classroom. And in this case, outside the class-call.

  3. Invest in the Tech
  4. Whether you need a brand-new laptop, expanded cloud storage, or a faster internet connection. Make that call to invest in what you need to attend your classes without any issues. This calculated upfront investment might be worth it when you graduate with a great job. Because you would look back and realise that you had everything you needed and focused on learning instead of fixing your internet connection every 10 seconds.

  5. Time Management
  6. You’ve probably been hearing this since your math exam back in 7th grade. But it’s true. Time management is one of the most important attributes you should focus on. Studying online is comfortable, but you should make sure it isn’t too comfortable. So stick to a productive schedule. Also, keep a note of the time differences between the country of your university and yours.

  7. Consistency
  8. Consistency goes hand in hand with time management. College is less hectic than high school, and this might convince you that you’ve got nothing planned for some days, especially on those rainy Tuesday mornings when you decide to oversleep. But you can never be too sure, so make it a point to check your class schedule daily and mark your calendars. Don’t forget to keep track of due dates and exams.

  9. Productivity Apps
  10. These apps are your best friends. A calendar that gives you reminders for classes or other appointments, an alarm clock to make sure you don’t oversleep, a focusing app like Forest, that prevents you from clicking other tabs or looking through Facebook during class or work time. Figure out what works for you and get used to them before college starts.

  11. Participate in Clubs
  12. Being part of clubs and activities is half the university experience. Check if your university clubs are recruiting, and apply as soon as possible. There are lots of clubs that can function perfectly well online, like a book club, a writing club, photography or video editing club. It’s a great way to build and develop your personal network while doing the things you love.

  13. Reduced Tuition
  14. If you haven’t already visited the university financial aid office, this is a perfect time. With classes going online, universities worldwide like Texas A&M, Singapore Management University, Newcastle University, Erasmus Rotterdam and more have changed their fee structures to reduced tuition fees and costs. So stay in touch with your financial aid department.

  15. Explore
  16. You’ve got the time and the opportunity to explore your interests. Be it a part-time job, a freelance project, or just a personal hobby, do something you enjoy in the time between classes. You could learn a new language, develop a new hobby or start a blog. If you wish to be more professional, you could take up certification courses or an additional major. Don’t forget to make use of your university’s online library, it is free and extremely resourceful.

  17. Networking
  18. If you were at university, this would’ve been achieved through coffee talks and mutual friends. However, this dynamic will have to change if you have to network from halfway across the world. LinkedIn is one way to connect with renowned university faculty, acquaintances and alumni. Develop your soft skills and social skills during this time because building a professional network is vital for jobs, friends, or potential business partners.

  19. Be Ready
  20. If you need additional study support, talk to your professors or TAs. If you need help with developing interpersonal skills, then get help from seniors or university counselors. If you need a quiet and distraction-free environment, make sure to let your family know. Be ready with your requirements, and don’t be afraid to put them out there. Because you want a good education, and we want you to get it.

    Remember, when the going gets tough, the tough get going. If you’ve decided to study freshman year in an online format, it is already commendable because you’ve taken the risk to stand out as the batch that digitized education. Good luck and stay safe!

10 Best Masters Programs for a Career in the Stock Market

Let’s talk stocks! Have you heard of the barter system? It has been around before money came into existence, so you can probably imagine how old it is. For centuries people have exchanged goods and services, and today’s economy just uses a modified, modernized and glammed-up version of the barter system.

It all started back in the 1600s when the concept of international trade of goods was gaining popularity. Dutch East India Company sailors would travel all around the world collecting and selling items like spices, silks, and gold. But going on this long multi-country journey meant a lot of upfront investment, and where would sailors get the money without selling their goods yet. So, they came up with a system. They turned to people with money that could fund the trip in exchange for a share of the profit on return. This allowed sailors to go on even bigger journeys, and make tons of money for themselves and their investors, unknowingly inventing the world’s first stock market. Since then, companies have used money from willing investors to fund and develop all sorts of businesses.

Should YOU go for an MBA or a Masters in Finance?

Have you taken the GMAT before?


The stock market is an endless abyss of money, and also one of the most exciting yet dicey routes to achieve financial bliss. Businesses cannot run without money, but there’s only so much money that one can have, right? The stock market is an indispensable part of the economy. It is indeed a nightmare for naïve and new investors, but for those who understand it, stocks mean magnitudes of wealth. For this reason, there are many paths for ones who wish to understand stocks. And even more opportunities for those who succeed at it. So, what are the kinds of careers in the stock market? What do they do? And how do you get there? Let’s get right to it.

  1. Stock Broker

    Stock Brokers are the middlemen between people with money and companies that need it. This profession includes buying and selling stocks for people who are interested and making money through the transaction. More and more people are interested in trading these days, so you can understand how much in-demand stockbrokers are. An average entry-level stockbroker can earn an average of over $66,000. When it comes to stock broking, the sky is the limit.

  2. Financial/Investment Advisor

    Financial Advisors take on several roles. They sell advice and help you come up with a tailored financial plan regarding budgeting, saving, spending, insurance, complex investments, and even taxes. Financial investors also play a major role in bringing suitable investment opportunities based on your financial plan. They earn an average salary of $89,000, and again the sky is the limit – more clients mean more money.

  3. Research Analysts / Financial Analysts

    Financial Analysts prepare and examine financial models to develop investment theses and help companies make business decisions. There are many kinds of financial analyst positions, those that research stocks, those that research firms, and those that work at investment banks. Apart from these, analysts are needed in the insurance industry, real estate industry, and local banks too. Financial analysts earn between $55,489 to $67,301 based on their industry.

  4. Portfolio Management Services

    This role requires relatively more experience than the others and usually consists of experienced stockbrokers and financial analysts. Portfolio managers are people that manage an entire fund’s assets. They manage mutual funds, hedge funds, venture capital funds, and basically large amounts of money. They are responsible for implementing a fund’s investment strategy and performing investment activities that bring returns to their clients. The average portfolio manager’s salary is $133,027. Note: All Salaries are from salary.com

All these positions have research, analysis, and a heavy focus on numbers. The way to go about creating a successful career in this field is to focus on practical learning of what matters in the market. Bachelor’s degrees in business administration, math, statistics, economics, and finance can help you land a decent entry-level job. But to climb up the corporate ladder and bag higher-level jobs, a master’s degree is crucial.

In nearly all careers in the stock market, an MBA is the most desirable. It teaches you a range of subjects including accounting, management, finance, economics and entrepreneurship. Working on Wall street requires you to be an all-rounder, and an MBA is a great way to get there.

A Masters in finance is a more focused route and an alternative to the MBA. With specific topics such as risk management, corporate finance, economics and forecasting, a graduate program in finance or economics can surely be a benefit for those that have a fixed career plan and know which industry they want to get into.

The Stock Market is a fast-paced, challenging industry and to stand out among the competition, master’s degrees are often required. One from a reputable university puts you way ahead of the curve. Here are ten universities that offer the best graduate programs if you’re interested in a career in the Stock Market.

Which professional course is the best for stock market?

Have you taken the GMAT before?

  1. MBA
    Wharton – University of Pennsylvania, USA

    Wharton is one of the best B-schools in the world, and it consistently is ranked among the top 5 globally (QS world rankings). The value of a Wharton MBA is not only the knowledge and skills you learn but also the awesome network you inherit. With 100,000 alumni having your back, an MBA from here can raise your Wall Street dream to great heights.

    Cost: $83,230/Year (Scholarships and Fellowships available)

    Duration: 2 Years

    Application deadline: 30th March 2022 – Round 3

  2. Master of Finance
    Sloan School of Management – MIT, USA

    This course is perfect for students looking for a finance-specific program. This course includes detailed quantitative courses like modelling and computer programming. Sloan offers an MBA too, but this program focuses rigorously on quantitative skills as well as managerial skills. Students spend a month working with top firms like Goldman Sachs, JP Morgan, Credit Suisse etc. as part of the course.

    Cost: $82,150/Year (Fellowships and Assistantships available)

    Duration: 2 Years

    Application deadline: 5th January 2022

  3. MBA
    Michigan Ross, USA

    Ross believes that the best way to learn is by doing and the curriculum here throws students right into action. This B-school enthusiastically follows its motto, ‘REAL’ which stands for ‘Ross Experiences in action-based learning’, and for this reason stands on another level altogether. The university offers its REAL.START, REAL.ADVISE, REAL.INVEST, and REAL.LEAD options. For stock market enthusiasts. the REAL.INVEST offers students a chance to manage one of six investment funds overlooking millions of dollars. What’s more? Ross has an amazing alumni network.

    Cost: $72,144/Year (Scholarships ranging from $10,000 to full tuition available)

    Duration: 2 Years

    Application deadline: April 4, 2022 – Round 3

  4. Financial Engineering
    Berkeley Haas – University of California, USA

    Designed for students interested in finance, data science and technology. This course is perfect if you want to pursue a career as a financial analyst or portfolio manager. With a mandatory internship, the financial engineering program at Haas values hands-on and theoretical learning. The curriculum is as dynamic here as the finance industry. Also, Haas has a 100% placement record, so be assured you’ll get a great job.

    Cost: $76,610 (Scholarships from $1000 to full tuition available)

    Duration: 12 Months

  5. Master of Financial Risk Management
    Rotman School of Management, Canada

    This is the number one financial program in Canada (QS World rankings) with more than 90% of its students employed in reputable organizations. This program is ideal for students with a knack for numbers and an interest in risk management. The Risk Management Project as part of the curriculum allows students an opportunity to deal with a current challenge along with professional risk management individuals. If you have an interest in being a financial analyst or advisor this program will benefit you.

    Cost: $66,650 (Scholarships from $2,500 to $15,000 available)

    Duration: 10 Months

  6. MBA in Investment Management
    John Molson School of Business – Concordia University, Canada

    Concordia University is one of Canada’s finest institutions, its MBA in investment management is a one of a kind program. Students are required to pass the CFA level 1 examination in order to graduate, thereby ensuring that they have both an MBA and a CFA charter. The curriculum in this program focuses on developing investment-minded individuals for a successful wall street career. This course is ideal for pretty much every kind of job in the stock market.

    Cost: $87,000/Year (Scholarships of $9,000 available to first years)

    Duration: 3 Years

  7. MBA
    Desautels Faculty of Management – McGill University, Canada

    The MBA offered by McGill is internationally recognized and appreciated. They have a diverse student, and faculty body with more than 75% of its MBA students coming in from different countries. The average starting salary here is $64,000, and over 90% of students get employed at top companies.

    Cost: $99,500/Year (Scholarship of $10,000 available)

    Duration: 2 Years

  8. MSc in Finance
    London Business School, UK

    According to the QS World University Rankings (2021), the London Business School stands at 3rd place. It is one of the most prestigious institutions in the world, and students that graduate from here earn upwards of $160,593 on average. The MSc in Finance is a one-way street to the stock market. LBS has strong links with recruiters and financial institutions, making it a perfect pitstop to get your degree.

    Cost: £52,200 (Scholarships up to 100% of course fees available)

    Duration: 10-16 months

  9. MSc Finance and Economics
    London School of Economics, UK

    The MSc F&E is an interdisciplinary degree that is taken jointly by LSE’s Department of Finance and Department of Economics. This is the most academically rigorous program among all courses that LSE offers and hence is internationally valued. The curriculum focuses on financial economics, econometrics, macro/microeconomics. And with attention on creating, using and analyzing financial models. Students that apply should be exceptional in quants and have a fascination for finance.

    Cost: £39,984 (Scholarships – Graduate support scheme, Sudipto Bhattacharya Scholarship)

    Duration: 10 months

  10. MBA
    Indian Institute of Management, Bangalore

    IIM-B is one of India’s finest B-schools. Its quality and credibility have been recognized for over 40 years globally. The program focuses on building a business mindset in its students so they can lead and thrive in the ever-dynamic global economy. IIM-B has exceptional finance and accounting faculty that are experienced in corporate finance, capital markets, financial accounting and more, making it a great choice for any career in the stock market

    Cost: £30,352

    Duration: 2 Years

    Reach out to our admission counsellors for a free one-on-one session to find out how to go about enhancing your profile for these 10 universities.

What do investment bankers do and how to become one?

About two centuries ago, the construction of railroads and heavy industries caused the American economy to grow faster than manageable. Commercial banks at the time could not keep up with the industrial revolution, and people sought to find a solution that could help maintain growth. Investment banks were born.

Investment banks, in the simplest sense, are a bridge between people with money and people who need it. Sure sounds a lot like loans. However, these types of loans are enough to run a company or even buy one. It all started in the 19th century when governments issued bonds to help finance their projects. Those bonds needed to be exchanged with prominent investors for capital. However, a big problem here was that nobody trusted anybody. It’s like a typical hostage exchange situation from a spy movie where both parties didn’t know if the other would stay true to the demands. Investment bankers served as the middlemen that brought trust and credibility to the table while making a profit off the exchange, a lot of profit. Today, investment banks offer a range of financial solutions, such as:

Underwriting of stocks or bonds – Investment banks provide capital and funding through investment in companies or government entities. They provide financing to these institutions through underwriting – which essentially is a formal agreement that connects investors and corporations.

Managing IPO – It stands for initial public offering. When a company goes public (investors can buy stocks) there is a lot of research required to determine the initial stock price and handle the legal issues. Investments banks overlook this entire procedure.

Mergers and Acquisitions – The clients looking to sell their company or buy another company go to investment banks for advice. The banks perform financial valuation to find out how much the company is worth and assist clients through the whole process of merging or acquiring by drawing out the best possible structure for the offer.

So how do you become an investment banker?

Investment bankers require a wide range of technical skills, ranging from market analysis and conducting research to performing financial modelling. They have to come up with ways to present all this information effectively and follow on in other administrative duties as well. They must have intellectual curiosity in mathematics, finance and analytics along with a knack to think creatively to build innovative solutions.

Investment Bankers work in pressure for long hours, and they need utmost discipline and commitment to justify their sky high salaries. Another crucial skill is networking, as this is what allows investment bankers to climb up the corporate ladder. They manage a lot of clients, and it is necessary to deal with them with a positive and professional attitude.

The easiest and most popular way to become one is through school. Entering laterally into this field is rare and rather hard. This profession requires credibility and professionalism above all and therefore, most investment bankers hold an MBA degree or at least a BBA degree. Banks pay a lot of attention to B-schools during recruitment, but students in the fields of accounting, economics and mathematics have a good chance of making it in this industry too.

The best institutions for a direct route into investment banking (read good placements) are:

UK

US

  • Harvard University
  • Columbia University
  • Yale University
  • University of Pennsylvania
  • Cornell University
  • NYU
  • University of Chicago
  • University of California

Apart from a Business education, doing internships add value to a student’s profile. B-schools offer opportunities for summer internships and networking events. The best way for students to dig into this field would be to make their presence known. Many companies provide pre-placement offers to their interns, guaranteeing a cosy spot for them when they graduate.

The best investment banks in the world like Goldman Sachs, Morgan Stanley, Credit Suisse and Merrill Lynch tend to prefer recruiting only from the top 10 business institutions. It’s no secret that the competition is high, but the compensation is higher. Major banks offer six-figure salaries right out the university gate, with a starting Goldman Sachs employee making nearly $180,000 a year. In the US, the average starting salary with bonuses for investment banking analysts is between $135,000/year to $200,000/year, and a first-year banker gets at least $180,000/year.

Investment banks are an indispensable part of the economy because they operate at a global level with huge companies and entire governments as players. Although investment bankers usually work super hard in 80 hours workweeks, this field has gained a lot of popularity because they pay top dollar and offer endless learning opportunities. So, if you are a risk-taking student with a knack for numbers and an interest in working along with top company CEOs, a career in investment banking is a perfect fit.

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