What careers are possible after a Master’s in Corporate Finance?
Corporate finance is at the heart of companies' strategic decisions, influencing their growth, profitability, and sustainability. A Master's degree in this field opens the doors to a multitude of careers: financial analyst , auditor, management controller, and even financial director. These careers offer real career prospects, both in France and internationally, in sectors ranging from banks to startups and major corporations.
Why does a Master's in Corporate Finance open so many doors?
A Master's in Corporate Finance provides essential skills in financial analysis, risk management, management control, and investment strategy. These skills are crucial for assessing a company's financial health, optimizing its performance, and supporting its growth.
Finance plays a strategic role: it guides investment decisions, secures operations, and maximizes profitability. Mastering these challenges makes graduates indispensable players, capable of supporting companies toward more efficient and sustainable management.
What are the major sectors that recruit after a Masters in Corporate Finance?
The Bank and financial institutions
Retail Banking : It offers positions in portfolio management, financial consulting, and customer risk analysis. Professionals assist individuals and businesses with their day-to-day banking needs.
Investment banking : This sector attracts experts in mergers and acquisitions, trading, and financial engineering. Here, missions focus on structuring complex financing and optimizing investments.
Private banking : Aimed at high-net-worth clients, it focuses on wealth management and tax optimization. Financial advisors play a key role in offering tailored investment strategies.
Financial consulting firms
Financial analysis and optimization : performance diagnosis, cost reduction, cash flow optimization.
Risk management : identifying financial vulnerabilities and implementing strategies to mitigate them.
Mergers and acquisitions : evaluation of acquisition or partnership opportunities and structuring of transactions.
Compliance and regulation : assistance with adapting to current accounting and financial standards.
- Non-textual element: Testimony of a financial consultant on his post-master's journey.
Corporate Finance and Financial Management
Management control : It allows you to monitor financial performance, optimize costs and guide strategy using key indicators.
Treasury : It guarantees the company's liquidity, ensures cash flow management and prevents the risk of lack of funds.
Investment management : This involves identifying and financing strategic opportunities (growth, innovation, expansion) to ensure long-term development.
- Non-text element: Explanatory video of a CFO on his daily life and his responsibilities.
Investment and asset management
Investment funds : These structures manage portfolios of assets to maximize returns. Analysts and fund managers evaluate investment opportunities and guide financial strategies.
Asset management companies : They manage investments on behalf of clients (individuals, businesses, institutions). Asset managers develop strategies tailored to profitability and risk objectives.
Private equity : This field involves investing in unlisted companies to finance their growth. Private equity analysts conduct due diligence, identify growth opportunities, and participate in buyout negotiations.
What careers can you pursue after a Master’s in Corporate Finance?
Financial Analyst
- The financial analyst plays a central role in assessing the financial health of companies and investment opportunities. Their main responsibilities include:
- Financial statement analysis : study of balance sheets, income statements and cash flows to assess the profitability and soundness of a company.
- Market research : monitoring economic and sectoral trends to anticipate developments and recommend investment strategies.
- Financial modeling : developing forecasts and scenarios to assess investment risks and performance.
- Report writing : production of analyses and recommendations for investors, banks or financial departments.
Several skills are required:
- Excellent command of financial analysis and modeling tools (Excel, Bloomberg, etc.).
- Strong knowledge of accounting, risk management and business valuation.
- Analytical skills, rigor and critical thinking.
- Ease of communication to present clear and reasoned recommendations.
Average salary chart for a financial analyst based on experience
Expérience | Salaire annuel brut (France, en €) | Salaire annuel brut (International, en €) |
Débutant (0-2 ans) | 40 000 - 55 000 € | 50 000 - 70 000 € |
Intermédiaire (3-5 ans) | 55 000 - 75 000 € | 70 000 - 100 000 € |
Senior (6-10 ans) | 75 000 - 100 000 € | 100 000-150 000 € |
Expert (+10 ans / poste stratégique) | 100 000 € et plus | 150 000 € et plus |
Management controller
The management controller is responsible for optimizing the management of the company's financial resources by providing precise information and analyses enabling strategic decisions to be made.
His main responsibilities include:
Budget monitoring : The management controller prepares, implements, and monitors the company's budget. They ensure that expenses are within budget and that no significant deviations compromise financial performance.
Variance analysis : It compares budget forecasts to actual results, analyzes variances (positive or negative), and draws conclusions. This analysis allows corrective actions to be proposed to keep the company on track.
Forecasting and planning : It produces periodic financial forecasts (monthly, quarterly, annual) based on economic data and the company's objectives, in order to provide reliable projections of future activity.
Internal reporting : To prepare detailed financial reports for management, operational managers, and other departments to help them make informed decisions.
Cost optimization : Production costs, margins, and the performance of various departments must be analyzed to propose actions to improve profitability. This includes implementing internal control mechanisms to avoid waste.
Profitability analysis : This involves evaluating the profitability of the company's products, projects or profit centers to assist in strategic decision-making (investments, new product launches, etc.).
Key Performance Indicator (KPI) Management : Establish and track key performance indicators to measure the effectiveness of operations and ensure that objectives are met.
Support for operational staff : The management controller works closely with operational departments to help them understand the financial challenges of their activities and support them in achieving their objectives.
Required skills:
Analytical skills : Ability to analyze financial data in depth and interpret variances between forecasts and actual results.
Proficiency in financial tools : Excellent proficiency in Excel, management and reporting software (SAP, Oracle, etc.) and Business Intelligence tools.
Organizational skills : Must be able to manage multiple projects simultaneously, often under tight deadlines.
Communication skills : The management controller must be able to clearly and concisely explain complex financial data to non-specialists and provide practical recommendations.
Rigor and precision : Management control work requires great attention to detail and an ability to work under pressure while respecting strict standards.
Risk management skills : He must be able to identify potential financial risks and propose actions to minimize them.
Synthesis skills : Ability to summarize complex information to make it accessible to management.
Career prospects:
Management Control Manager : After several years of experience, a management controller can progress to a position as manager or head of management control, supervising a team of controllers and coordinating strategic actions within the company.
Administrative and Financial Director (DAF) : The management controller can progress to financial management positions, in charge of the company's overall financial strategy, risk management and investor relations.
Management Control Director : This position involves more strategic responsibility in the management of financial resources, particularly for several entities within a group.
Management consultant : He can choose to become a management consultant or external advisor for companies, offering his expertise on cost management, process optimization or the implementation of control systems.
Performance Manager : A management controller can also specialize in performance management, a field related to process optimization and the definition of strategic performance indicators.
Corporate Treasurer
The corporate treasurer plays a vital role in managing liquidity and financial risks.
He ensures the availability of liquidity to ensure the smooth running of the company by optimizing cash flow.
It assesses and manages financial risks, such as those linked to fluctuations in interest rates or exchange rates, by implementing appropriate hedging strategies.
The treasurer also manages banking relationships and negotiates necessary financing. Through rigorous management, this enables the company to maintain a solid financial balance and make informed decisions.
Financial consultant
A financial consultant assists companies in managing their finances, providing strategic analyses and recommendations on risk management, cost optimization, financial planning, and mergers and acquisitions. They may also be involved in implementing financial systems, restructuring debt, or evaluating economic performance.
Companies that recruit financial consultants range from specialized consulting firms to multinational corporations, financial institutions, investment banks, and high-growth startups. The sectors most in demand for these professionals are banking, insurance, asset management, as well as industrial and technology sectors.
After a few years of experience, the financial consultant can move towards management positions, such as financial manager or financial director.
He or she may also specialize in a particular area of finance, such as risk management or corporate finance, or move into entrepreneurship or strategic roles within a company.
Progression to leadership roles, such as CFO (Chief Financial Officer), is also a common path for consultants who have acquired in-depth expertise.
Investment Banking Associate
The Investment Banking Business Manager must support companies in their growth or restructuring strategy by facilitating access to financing and optimizing transactions.
In mergers and acquisitions, he acts as a financial advisor, analyzing potential targets, conducting financial assessments, and developing negotiation strategies. He is also responsible for structuring transactions, conducting due diligence, and supporting clients throughout the merger or acquisition process, ensuring that value is maximized for all stakeholders.
During fundraising sessions, the Business Manager helps companies secure the necessary financing, whether through issuing shares, finding strategic partners, or structuring debt. They assess the company's financial needs, analyze markets, and coordinate with investors to ensure optimal financing conditions.
Emerging professions in finance
Data Scientist specializing in finance
Data analytics is transforming the financial sector, thanks to the rise of artificial intelligence, machine learning, and big data. These technologies enable the analysis of large amounts of data to optimize investments, reduce risk, and predict market trends.
Finance graduates can now move into careers as data scientists or quantitative analysts, where their skills in finance and statistics are used to create financial algorithms and model economic scenarios.
In the fintech context, career opportunities are numerous, and graduates combining finance and technical expertise will be particularly sought after.
Expert in sustainable finance and ESG (Environment, Social and Governance)
ESG (Environmental, Social, and Governance) criteria are gaining importance, influencing investment decisions and corporate management. These criteria aim to assess the environmental, social, and governance impact of organizations, in response to the growing expectations of consumers, regulators, and investors.
This shift is creating numerous career opportunities in ESG analysis, sustainable strategy consulting, and risk management. Graduates specializing in this field are increasingly sought after to help businesses address sustainability and responsibility issues.
How to choose the right career after a Master’s in Finance?
Assess your skills and interests : Identify the areas of finance that most excite you, whether it's asset management, corporate finance, financial analysis, or risk and compliance. Consider your strengths: Are you more analytical, strategic, or client-focused?
Set career goals : Think about your long-term aspirations. Do you want to move up quickly in a large company, or do you prefer a more flexible environment, such as a fintech or startup?
Focus on networking : One of the best ways to better understand careers and broaden your horizons is to develop your network. Attend events, forums, or conferences. Connect with industry professionals to get practical advice and feedback on different career options.
Internships are essential : They allow you to gain practical experience and try out different careers. They're also a great opportunity to make contacts in the industry. If possible, do several internships at different companies to explore different facets of finance and see what suits you best.
FAQ
What salary can you expect after a Master’s in Finance?
A graduate with a Master's degree in Finance can expect a gross annual salary of between €40,000 and €60,000 at the start of their career in France . Note that salaries can vary depending on the type of company (banking, consulting firm, corporate finance), sector (financial, technology, manufacturing), and geographic location.
Master’s in Finance vs. Master’s in Accounting: Which One to Choose?
The Master of Finance focuses more on investment management, financial analysis, and financial strategy, while the Master of Accounting focuses on accounting standards, audit management, and financial statement preparation. If you're looking to work in sectors like asset management or financial consulting, finance is a better fit. If you want to move into accounting management or auditing, accounting will be a better fit.
Which countries recruit the most in corporate finance?
The most active countries in corporate finance recruitment are the United States, the United Kingdom, Switzerland, Singapore, and Hong Kong . These markets are particularly dynamic due to the presence of large financial institutions and a strong demand for talent for roles in banks, consulting firms, or multinational companies.
Is it necessary to have a CFA after a Master's in Finance?
The CFA (Chartered Financial Analyst) designation is an excellent complement for those wishing to specialize in investments, financial analysis, or financial markets. While not required after a Master's degree in Finance, it can be a major asset for those aiming for roles in asset management, investment banking, or portfolio management.
Can you work in a startup with a degree in corporate finance?
Yes, startups often seek finance talent to help them manage their growth, structure their financing, or optimize their financial strategy. The desired profile also includes the ability to work in a dynamic and often unpredictable environment.
What is the future of finance professions with the rise of AI and blockchain?
The rise of AI and blockchain is transforming finance jobs by automating repetitive tasks (such as data analysis and algorithmic trading), freeing professionals to focus on more strategic tasks. Roles related to manual operations may decline, while skills in technology management and data analysis will become crucial. Blockchain, meanwhile, improves transaction security and could redefine areas such as asset management and compliance.