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Mastering finance can be of great financial benefit
Friday, 24 August 2007
Professional & financial services
Finance graduates should consider taking a Masters in the subject as it can lead to an increase in earnings, the Economic and Social Research Council claim.
According to the council, further education, especially in the financial sector, will enable an earnings boost - even though the education itself may be expensive.
Urging graduates to consider the financial benefits of postgraduate education, Jeremy Neathy at the council said: "If you do a Masters degree or a qualification in economics you can be starting on a salary of about £30,000 in the city, so there is a big mark-up particularly in economics.
He added: "There I would argue that spending an extra year in education pays back big time."
Recent research by Robert Half Finance and Accounting and the Institute of Chartered Accounts shows that an ambitious 42 per cent of accountants claim that the opportunity to be promoted was key to their job satisfaction.