What is the salary of a masters in finance in Europe?

Question

Mansih K · Accepted Answer

The average salary after a Master&rsquo;s in Finance in Europe ranges from &euro;45,000 to &euro;75,000, depending heavily on country, job role, and target company.
In the UK, finance grads from schools like LBS, Imperial, or Warwick often land roles in London with starting salaries between &pound;55,000 and &pound;70,000. Investment banking and equity research tend to pay at the higher end, especially if bonuses are included.
In France, graduates from HEC or ESCP typically earn &euro;50,000&ndash;&euro;60,000, with many targeting jobs in London to increase earning potential.
Germany offers &euro;48,000&ndash;&euro;55,000 for entry-level roles, mostly in risk, corporate finance, or audit, with Frankfurt being the main hub. Switzerland is the outlier &mdash; salaries there start at CHF 85,000 (~&euro;90,000), especially in wealth management.
Program brand, language fluency, and whether the role is front or middle office impact pay more than the degree alone.

S Raghav · Answer

Not all Master&rsquo;s in Finance grads walk into six-figure jobs &mdash; but the right country and role can change everything.

London offers some of the highest-paying jobs in investment banking, with total comp reaching &pound;80,000+ in the first year including bonuses. But competition is steep, and most hires come from target schools.
In Amsterdam, grads working in fintech or financial strategy roles typically earn &euro;45,000&ndash;&euro;55,000. Cost of living is manageable, but salary growth can be slow without Dutch fluency.
Southern Europe (Spain, Italy) tends to offer lower pay &mdash; around &euro;35,000&ndash;&euro;45,000 &mdash; even from top schools like Bocconi or IE, unless relocating post-graduation.
Private equity and hedge fund roles are rare for fresh grads but can pay &euro;70,000+ across UK and Switzerland.

A lot depends on the exact role. Even in the same city, someone in risk at a bank might earn 30% less than someone in M&A.
For more details you can read this blog on "Top Masters in Finance Colleges in Europe 2025"