Studies & Degrees in International Finance
Choose where you would like to study International Finance:AustriaBahamasBulgariaCzech RepublicEcuadorFranceGermanyIndiaItalyMexicoSpainThe United KingdomThe United StatesTurkey
International finance is the branch of economics concerned with the financial interactions between nations. International Finance specialists would have their expertise spreading over areas like exchange rates, trade balances, capital flows from nation to nation, effects of tax policies, and other related issues. They would also be focusing on macroeconomic concepts, global futures options, and Forex markets.
Such experts would normally advise clients on investments, insurance, real estate development, and personal and business finance options worldwide. International finance specialists would also be able to provide counseling on asset management, wealth, and global fund. Further areas of expertise would be off-shore investments and investing in the global marketplace. Other fields, related to international financial advice include private banking, brokerage, and trading on various stock markets. A final important point about international financial experts is that they need to know how to follow industry and government regulations when providing brokerage and other financial services. Otherwise they might lose their license or ability to practice if they do not comply with the relevant regulations.
To be involved in international finance you need to have a good feel of economics, enjoy making analysis, and be prepared to work under a lot of pressure. Other qualities include:
- Excellent communication skills
- Aptitude for research
- Good with numbers
- Excellent analytical and problem-solving skills
- Interested in the financial market
- Good IT skills
- Able to work independently
- Willing to travel abroad
If you are serious about getting involved in International Finance, you should keep in mind that most employers and clients would require at least a master’s degree. The degree could either be in Business Administration, with a concentration on finance, or in International Finance itself. By undertaking such a program, you should expect to be learning about organizational development and leadership, commercial banking management and financial behavior. Some of the most common compulsory subjects studied would be Quantitative Methods, Corporate Finance and International Business Finance. Most students, interested in International Finance have a clear career goal in mind and therefore pursue courses in institutions that would provide them with the challenging and competitive atmosphere that they will face in real life. You should be aiming at schools, where you will be able to study in a multicultural environment, meeting individuals, who would be able to contribute and enhance your overall financial, economic, and international understanding. The opportunities for internships and early career planning that your chosen university provides are of the highest importance, too.
Graduates in the field of international finance find employment at financial institutions such as commercial banks, savings and loan associations, mortgage companies and credit unions. You should also keep in mind that many employers prefer financial managers and advisors to have professional certification. Research what options for gaining a certificate are available in your region, or whether there are companies, offering graduate jobs that allow you to gain such certification. Finally, you can consider the possibility of specialization – for example, some financial advisors specialize in a few regions and often travel to countries in those areas to keep updated on regulatory and financial activities that may impact the wealth of their clients.