Owing to its internationally acclaimed universities, top-tier instruction, and multicultural setting, in addition to its stunning natural scenery and an excellent quality of life, Switzerland is an alluring study abroad destination.
In Switzerland, Banking and Finance programs provide a thorough understanding of financial markets, banking systems, and investment strategies. Bachelor’s degrees generally take 3-4 years to complete and master's degrees typically span 1-2 years. These programs frequently emphasize real-world experience and may entail internships or partnerships with financial institutions.
Why study Banking and Finance in Switzerland?
Studying Banking and Finance in Switzerland is a popular choice for these compelling reasons:
- Outstanding Excellence: Banking and finance institutions in Switzerland are internationally acknowledged for their quality and reliability.
- Education of a High-calibre:Top-notch programs with a strong focus on hands-on abilities are offered by business schools and universities in Switzerland.
- Benefit of Multiple Languages: Programs are frequently offered in English, German, French, and Italian, in turn, improving language abilities.
- Excellent Standard of Living:Switzerland offers an excellent quality of life, safety, and stunning scenery.
- Steady Economy: Students have the opportunity to study in a secure and affluent economic setting.
- Cutting-edge Financial Centre: Switzerland is a major hub for financial innovation and technology.
- Building Networks: Access to an extensive network of alumni and industry specialists.
- Global Exposure: Students benefit from a varied, cosmopolitan setting.
- Employment Prospects: In close proximity to major global banks and financial organisations, thereby, increasing employment opportunities.
Leading Banking and Finance specializations to pursue in Switzerland
The leading Banking and Finance specializations for students to pursue in Switzerland are:
- Asset Management
- Private Banking
- Sustainable Finance
- Financial Engineering
- Corporate Finance
- Wealth Management
- Fintech and Digital Banking
- International Financial Law
- Risk Management
- Investment Banking
Prominent universities in Switzerland to pursue Banking and Finance
The prominent universities in Switzerland to pursue Banking and Finance are:
- University of Geneva
- Zurich University of Applied Sciences (ZHAW)
- University of St. Gallen
- University of Lausanne
- University of Zurich
- Swiss Finance Institute
- ETH Zurich (Swiss Federal Institute of Technology)
What's the cost of studying Banking and Finance in Switzerland?
Based on the institution and the degree of study, the cost of studying Banking and Finance in Switzerland can differ substantially. For public universities, overseas students generally pay between CHF 500-CHF 4,000 per semester. On the contrary, the tuition fees at private universities and specialized business schools can be substantially higher, usually between CHF 20,000-CHF 50,000 annually or more.
Besides tuition fees, living costs which can be significant in Switzerland, should be taken into account by students. Typical costs of living, including food, housing, transit, and other individual expenditures, are projected to be between CHF 1,500-CHF 2,500 per month. Thus, for an overseas student, the overall cost of studying Banking and Finance in Switzerland, based on the selected institution and his/her way of living, could range from CHF 20,000 to more than CHF 80,000 per year.
Eligibility Criteria to pursue Banking and Finance in Switzerland
Mentioned below are the eligibility criteria to pursue Banking and Finance in Switzerland:
- For Bachelor’s programs, the student needs to hold a high school diploma or comparable. For Master’s programs, the student needs to hold a Bachelor’s degree in an associated field.
- He/she needs to submit academic transcripts and certificates from all education institutions previously attended.
- GMAT or GRE test scores, particularly for Master’s programs may be demanded by certain institutions.
- For English-taught programs, students need to prove their fluency in English through appearing for English language proficiency tests viz., the IELTS or TOEFL. Similarly, based on the institution’s medium of instruction, students need to prove their fluency in German or French.
- For particular advanced or executive programs, pertinent work experience might be favored.
- PSubmission of a motivation letter or statement of purpose.
- Recommendation letters.
- Current curriculum vitae (CV) or resume.
- In certain cases, the student may be required to appear for an interview.
- Based on the institution or program, the student may need to complete particular prerequisites.
- Evidence of adequate funds for the entire study duration.
- Non-EU/EEA students will require a student visa.
- Submission of the filled-out application form.
Each institution or university might have unique additional requirements, thus, students should check the precise prerequisites on their official websites.
Jobs Post Completing Banking and Finance in Switzerland
Students, after compleing a Banking and Finance degree in Switzerland can take up any of these job positions:
- Wealth Manager
- Credit Analyst
- Insurance Underwriter
- Financial Consultant
- Private Equity Associate
- Financial Analyst
- Auditor
- Corporate Treasurer
- Investment Banker
- Asset Manager
FAQs:
Q1. Is fluency in French or German required?
Although a number of programs, particularly at the postgraduate level, are available in English, fluency in French or German can be useful in everyday life and may be necessary for particular programs or internships.
Q2. Are there any scholarships or financial aid options available?
Yes, overseas students have access to a variety of scholarships and financial aid opportunities. These can be provided by the Swiss government, universities, and private firms.
Q3. Post graduation, is it feasible to stay in Switzerland?
Yes, graduates can apply for a six-month residence permit to look for jobs associated with their field of study. After landing a job, you can then apply for a work permit.
For further assistance or queries students can contact us, Edwise International and avail our wide range of services for students on destinations like study in UK,study in USA, study in Canada, study in Australia, study in New-Zealand, study in Singapore, study in Ireland and many other countries.
