The benefits of undertaking a Masters in Finance are debatable. Applications are on the up, and most cost around 30k+, but there's no guarantee of a either a new role, or a more highly paid position, at the end of it (especially during a tough job market).
However, the Financial Times has just produced its first rankings of Masters in Finance courses, which generally paint a positive picture of how they improve your career prospects.
If you're embarking on one of these with a few years' experience under your belt, the London Business School Masters in Finance is the stand-out performer (out of only three courses in the rankings, admittedly).
Students achieve an average salary of around $130k (80k) three years after graduation, which is a 72% uplift on their previous packages. The job market is clearly tougher for graduates than this time last year, however - 85% are employed three months after graduation, compared to 97% in 2010.
The vast majority of Masters in Finance courses are 'pre-experience programmes', however. If you're thinking of undertaking one of these, you may be also be curious to find out how it will benefit your career prospects down the line.
Rather than looking at the overall rankings, which factor in various critrion including the diversity of the school, we've compiled the list below from the FT's league tables purely based on the 'careers rank'.
This looks at how alumni of various Masters in Finance degrees are performing three years after graduation, in terms of seniority and size of the firm they're working for.
UK universities do not rank particularly favourably, whereas those graduating from French institutions find most success.
The top ten Masters in Finance courses by 'careers rank'
1. HEC Paris, Masters in International Finance (France)
2. EMLyon Business School, Specialised Masters in Corporate Finance (France)
3. Eada, International Masters in Finance (Spain)
4. ESCP Europe, Specialised Master in Finance (France/Lebanon)
5. Illinois Institute of Technology: Stuart, MSc in Finance (US)
6. Skema Business School, MSc Financial Markets and Investments (France)
7. University of Oxford: Saïd, MSc in Financial Economics (UK)
8. Warwick Business School, MSc in Finance (UK)
9. Tulane University: Freeman, Master of Finance (US)
10. Washington University: Olin, MSc in Finance (US)
Source: Financial Times