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Best Countries to Study Finance

Last updated29th Nov 2023
9 mins read
8.54K views
Payal Chandra Roy
Published by Payal Chandra Roy

Head of Learning & Development | L&D Strategist

Are you aspiring to become a financial wizard and wondering which global destinations could transform this ambition into reality? Embarking on a journey in finance education is not just about selecting a course; it's about choosing a country that nurtures your dreams and aligns with your career goals. In this comprehensive guide, we unveil the best countries to study finance abroad, highlighting top universities, course details, and much more.

Dive into our exploration of world-class education hubs, where prestigious institutions offer cutting-edge finance courses abroad. Whether you're considering an undergraduate degree or advancing with a master's, understanding the cost of studying finance abroad and available scholarships for studying finance abroad is crucial. We've meticulously researched and listed not only the best universities to study finance abroad but also provided insights into course durations, fees, and the vibrant academic cultures of these countries for finance.

So, let's journey through the myriad of opportunities that await you in the best countries to study finance. Prepare to be informed, inspired, and ready to take the next step in your academic voyage!

Did you Know 💡:Let's meet Ananya, an ambitious student from Bangalore, India, with a flair for numbers and a dream of mastering finance. She set her sights on the prestigious London School of Economics (LSE) in the United Kingdom, a prime choice for aspiring finance gurus. However, Ananya faced a steep challenge - the daunting cost of studying abroad. Undeterred, she dove into research, uncovering scholarships and funding opportunities. After countless hours of preparation, her efforts bore fruit. Ananya secured the 'Global Leaders Scholarship', covering 50% of her tuition fees - a relief of approximately INR 10,50,000 per year.

Top 10 Countries to Study Finance

Let's delve into the top destinations that stand out as the best countries to study finance abroad. Each country offers unique strengths, from innovative finance courses abroad to esteemed institutions. Whether you're seeking comprehensive study finance programs, affordable cost of studying finance abroad, or lucrative scholarships to avail for studying finance abroad, these countries offer it all.

  1. United States
  2. United Kingdom
  3. Australia
  4. Canada
  5. Singapore
  6. Germany
  7. Switzerland
  8. Netherlands
  9. Hong Kong
  10. France

"Eager to explore the world of finance? Let AECC help you navigate your options in the best countries to study finance abroad!"

United States

When it comes to studying finance, the United States stands as a beacon of excellence, offering some of the best universities to study finance abroad. With a blend of practical and theoretical learning, students gain unparalleled exposure to glob

Harvard University

  1. QS Ranking 2024: #3
  2. Tuition: Approx. INR 36,00,000/year
  3. Scholarship: Harvard Financial Aid (up to INR 38,00,000/year)
  4. Living Cost: Around INR 15,40,000/year

Stanford University

  1. QS Ranking 2024: #2
  2. Tuition: About INR 40,00,000/year
  3. Scholarship: Stanford Fund (variable amounts)
  4. Living Cost: Approx. INR 17,00,000/year

University of Pennsylvania (Wharton School)

  1. QS Ranking 2024: #13
  2. Tuition: Around INR 43,00,000/year
  3. Scholarship: Penn Grant (up to full tuition)
  4. Living Cost: Approx. INR 14,00,000/year

Massachusetts Institute of Technology (MIT)

  1. QS Ranking 2024: #1
  2. Tuition: Approximately INR 41,00,000/year
  3. Scholarship: MIT Scholarships (up to INR 29,00,000/year)
  4. Living Cost: About INR 15,40,000/year

University of Chicago (Booth School of Business)

  1. QS Ranking 2024: #9
  2. Tuition: Around INR 56,00,000/year
  3. Scholarship: Booth Scholarships (varying amounts)
  4. Living Cost: Approx. INR 16,20,000/year


These prestigious institutions not only offer world-class finance courses abroad but also provide extensive financial support through scholarships, making the cost of studying finance abroad more manageable.

United Kingdom

Looking to study finance in a place steeped in financial history and innovation? The United Kingdom is your go-to. It's one of the best countries to study finance abroad, where history meets modern finance.

London School of Economics and Political Science (LSE)

  1. QS Ranking 2024: #49
  2. Tuition: Approx. INR 21,00,000/year
  3. Scholarship: LSE Scholarships (up to INR 5,00,000/year)
  4. Living Cost: Around INR 12,00,000/year

University of Oxford (Saïd Business School)

  1. QS Ranking 2024: #4
  2. Tuition: About INR 35,00,000/year
  3. Scholarship: Oxford Bursaries (up to INR 6,00,000/year)
  4. Living Cost: Approx. INR 15,00,000/year

University of Cambridge (Judge Business School)

  1. QS Ranking 2024: #7
  2. Tuition: Approximately INR 33,00,000/year
  3. Scholarship: Cambridge Trust (variable amounts)
  4. Living Cost: About INR 14,50,000/year

Imperial College London

  1. QS Ranking 2024: #8
  2. Tuition: Around INR 32,00,000/year
  3. Scholarship: Imperial College Scholarships (up to INR 3,00,000/year)
  4. Living Cost: Approx. INR 15,00,000/year

University of Warwick (Warwick Business School)

  1. QS Ranking 2024: #61
  2. Tuition: Approx. INR 26,00,000/year
  3. Scholarship: Warwick Scholarships (up to INR 2,50,000/year)
  4. Living Cost: Around INR 11,00,000/year


The UK isn't just about old buildings and history; it's a leader in finance education. Their universities are among the best universities to study finance abroad. They're not just about getting you a degree; they offer loads of scholarships to avail for studying finance abroad. This really helps with the cost of studying finance abroad.

"Dreaming of a finance career? Connect with AECC to find the perfect finance courses abroad."

Australia

If you're thinking about how to study finance with a view of the bigger, global picture, Australian universities are where it's at. They offer some really smart finance courses abroad.

University of Melbourne (Melbourne Business School)

  1. QS Ranking 2024: #33
  2. Tuition: Approx. INR 28,00,000/year
  3. Scholarship: Melbourne Scholarships (up to INR 7,00,000/year)
  4. Living Cost: Around INR 10,00,000/year

University of Sydney (Business School)

  1. QS Ranking 2024: #40
  2. Tuition: About INR 27,00,000/year
  3. Scholarship: Sydney Scholars Awards (up to INR 5,00,000/year)
  4. Living Cost: Approx. INR 11,00,000/year

Australian National University (ANU College of Business and Economics)

  1. QS Ranking 2024: #27
  2. Tuition: Approximately INR 26,00,000/year
  3. Scholarship: ANU Scholarships (variable amounts)
  4. Living Cost: About INR 9,50,000/year

Monash University (Monash Business School)

  1. QS Ranking 2024: #55
  2. Tuition: Around INR 24,00,000/year
  3. Scholarship: Monash Scholarships (up to INR 4,00,000/year)
  4. Living Cost: Approx. INR 10,50,000/year

University of New South Wales (UNSW Business School)

  1. QS Ranking 2024: #44
  2. Tuition: Approx. INR 29,00,000/year
  3. Scholarship: UNSW Scholarships (variable amounts)
  4. Living Cost: Around INR 11,50,000/year

Canada

Looking to study finance in a place that's both stable and exciting? Consider Canada, increasingly recognized as one of the best countries to study finance abroad.

University of Toronto (Rotman School of Management)

  1. QS Ranking 2024: #25
  2. Tuition: Approx. INR 30,00,000/year
  3. Scholarship: Rotman Scholarships (up to INR 10,00,000/year)
  4. Living Cost: Around INR 12,00,000/year

McGill University (Desautels Faculty of Management)

  1. QS Ranking 2024: #31
  2. Tuition: About INR 27,00,000/year
  3. Scholarship: McGill Financial Aid (variable amounts)
  4. Living Cost: Approx. INR 10,50,000/year

University of British Columbia (Sauder School of Business)

  1. QS Ranking 2024: #46
  2. Tuition: Approximately INR 25,00,000/year
  3. Scholarship: Sauder Scholarships (up to INR 5,00,000/year)
  4. Living Cost: About INR 11,00,000/year

York University (Schulich School of Business)

  1. QS Ranking 2024: #67
  2. Tuition: Around INR 26,00,000/year
  3. Scholarship: Schulich Awards (variable amounts)
  4. Living Cost: Approx. INR 10,00,000/year

University of Alberta (Alberta School of Business)

  1. QS Ranking 2024: #113
  2. Tuition: Approx. INR 20,00,000/year
  3. Scholarship: Alberta Scholarships (up to INR 3,00,000/year)
  4. Living Cost: Around INR 9,00,000/year

The best part? There are heaps of scholarships to avail for studying finance abroad, which really helps with the cost of studying finance abroad.

Singapore

It's one of the best countries to study finance abroad, mixing Eastern hustle with Western business smarts. This blend is why Singapore's universities are top spots for students wanting to study finance.

National University of Singapore (NUS Business School)

  1. QS Ranking 2024: #11
  2. Tuition: Approx. INR 18,00,000/year
  3. Scholarship: NUS Scholarships (up to INR 6,00,000/year)
  4. Living Cost: Around INR 10,00,000/year

Nanyang Technological University (Nanyang Business School)

  1. QS Ranking 2024: #13
  2. Tuition: About INR 17,50,000/year
  3. Scholarship: NTU Scholarships (variable amounts)
  4. Living Cost: Approx. INR 9,50,000/year

Singapore Management University (Lee Kong Chian School of Business)

  1. QS Ranking 2024: #55
  2. Tuition: Approximately INR 20,00,000/year
  3. Scholarship: SMU Scholarships (up to INR 5,00,000/year)
  4. Living Cost: About INR 10,50,000/year

SIM University

  1. QS Ranking 2024: Not ranked
  2. Tuition: Around INR 15,00,000/year
  3. Scholarship: SIM Global Education Scholarships (up to INR 4,00,000/year)
  4. Living Cost: Approx. INR 10,00,000/year

INSEAD - Asia Campus

  1. QS Ranking 2024: Not specifically ranked
  2. Tuition: Approx. INR 70,00,000 for the full program
  3. Scholarship: INSEAD Scholarships (variable amounts)
  4. Living Cost: Around INR 12,00,000/year

"Looking for the best universities to study finance abroad? Contact AECC to find your ideal academic destination!"

Let's break it down for you: what are the top finance courses abroad? If you're thinking about the best countries to study finance abroad, knowing your options is key.

Country

Programs for Bachelor's and Master's

Duration In for years

Fees per year

Key Specialisations

United States

BSc in Finance / MBA in Finance

4 for Bachelor's and 2 for Master's

₹30,00,000 to ₹55,00,000

Focus on investment banking, financial planning

United Kingdom

BSc in Finance / MSc in Finance

3-4 for Bachelor's and 1 for Master's

₹20,00,000 to ₹35,00,000

Emphasis on global finance, financial management

Australia

BCom in Finance / MCom in Finance

3 for Bachelor's and 2 for Master's

₹18,00,000 to ₹28,00,000

Corporate finance, fintech specialisations

Canada

BBA in Finance / MBA in Finance

4 for Bachelor's and 1-2 for Master's

₹25,00,000 to ₹40,00,000

Focus on ethical finance, sustainable investments

Singapore

BBA in Finance / MSc in Financial Management

3-4 for Bachelor's and 1-1.5 for Master's

₹17,00,000 to ₹25,00,000

Strong quantitative and analytical focus

Germany

BSc in Finance / MSc in Finance

3 for Bachelor's and 2 for Master's

₹5,00,000 to ₹15,00,000

Known for strong industry connections, practical training

Switzerland

BSc in Banking and Finance / MSc in Finance

3 for Bachelor's and 1-2 for Master's

₹10,00,000 to ₹20,00,000

Specialised in banking, wealth management

Netherlands

BSc in Finance / MSc in Financial Management

3 for Bachelor's and 1 for Master's

₹12,00,000 to ₹18,00,000

International finance, risk management

Hong Kong

BBA in Finance / Master in Finance

4 for Bachelor's and 1 for Master's

₹15,00,000 to ₹22,00,000

Focus on Asian financial markets, international finance

France

BSc in Finance / MSc in Financial Engineering

3 for Bachelor's and 2 for Master's

₹14,00,000 to ₹24,00,000

Strong in financial engineering, quantitative finance

In summing up, it's clear that the journey to study finance in the best countries to study finance abroad is both exciting and transformative. From the United States to Singapore, each destination offers unique experiences and world-class finance courses abroad. Whether you're considering the cost of studying finance abroad or exploring scholarships to avail of studying finance abroad, your options are vast and varied. The choice of country and university will shape your career and open doors to global opportunities in the finance sector.

Ready to embark on your finance study adventure? Discover how AECC can guide you through every step of the way - from choosing the right course and country to managing your finances. Start your journey with AECC today and unlock a world of possibilities in finance!

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Payal Chandra Roy
Published by Payal Chandra Roy

Head of Learning & Development | L&D Strategist

With a career spanning nearly 15 years in the EdTech industry, Payal Chandra Roy is a leading expert in Learning and Development, student counselling, and product management. Her extensive career at industry giants like AECC, Study Group, and IDP Education Ltd has given her a unique, 360-degree view of the international education landscape.

Payal's expertise goes beyond just advising students; as the Head of Learning and Development (South Asia), her primary role is to train and develop the counsellors who guide students every day. This "train the trainer" experience means she has an unparalleled ability to break down complex topics into simple, engaging, and effective advice. Her skills are backed by numerous certifications in areas like "Gamification of Learning," "Increasing Learner Engagement," and "How to Design and Deliver Training Programmes".

Before leading the L&D department, Payal was a Branch Manager and Manager for the USA at IDP, where she directly counselled students and led successful teams. This hands-on experience, combined with her strategic role as a Product Manager for the UK, Europe & North America at Study Group, ensures her advice is not only insightful but also practical and globally informed.

Payal can help you with

  • Learning How to Learn: Use her certified expertise in learning design and gamification to find more engaging and effective ways to prepare for your studies abroad.
  • Understanding the "Why": Benefit from her "train the trainer" perspective to understand the deeper strategies behind university admissions and how counsellors are taught to evaluate profiles.
  • Navigating Multiple Destinations: Leverage her product management experience covering the UK, Europe, and North America to get a broad, comparative view of your study options. 
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