Finance Schools

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Interested in studying finance?

Below you'll find a plethora of information on finance!
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How will your finance education stack up?

If you are considering pursuing a finance degree at home, below is relevant information to help you compare the education you will be receiving to that available elsewhere in the country. There are 1,007 traditional finance schools in the US.

Top Schools

The top institutions in the US in 2010 that had finance programs were:

  1. Harvard University - located in Cambridge, Massachusetts
  2. University of Pennsylvania - located in Philadelphia, Pennsylvania
  3. University of California-Los Angeles - located in Los Angeles, California

Student Demographics

In the US, 50,957 students graduated from finance programs in 2010. Of these students, 661 graduated from certificate programs in finance, 40,605 graduated from undergraduate programs in finance, and 9,691 graduated from graduate-level programs in finance.

Academics

Students can pursue education in finance at the following levels:

  • Associate's Degree in Finance
  • Bachelor's Degree in Finance
  • Master's Degree in Finance
  • Doctoral Degree in Finance
  • Certificate in Finance

The skills and/or knowledge that finance students can expect to gain during the course of their finance education are:

  • Securities
  • Clerical
  • Investments
  • Computer Skills
  • Critical Analysis

Cost

On average in 2010, finance schools in the US charged $25,917 in tuition per year. The highest tuition was charged by the following finance schools:

  1. George Washington University - located in Washington, Washington DC, students paid $41,655
  2. Carnegie Mellon University - located in Pittsburgh, Pennsylvania, students paid $40,920
  3. Tulane University of Louisiana - located in New Orleans, Louisiana, students paid $40,584

The finance schools charging the lowest tuition were:

  1. University of Central Florida - located in Orlando, Florida, students paid $4,526
  2. North Carolina State University at Raleigh - located in Raleigh, North Carolina, students paid $5,475
  3. Stony Brook University - located in Stony Brook, New York, students paid $6,488

How will your finance job compare?

Some of the most popular jobs finance graduates in the US pursue include auditor, financial quantitative analyst, financial examiner, credit analyst, or sales agent. The US Bureau of Labor Statistics, estimates that in 2010, 2,457,330 finance professionals were working in the US. 58,290 of these finance professionals were budget analysts, 1,072,490 were auditors and 154,640 were financial quantitative analysts. The states with the largest populations of finance professionals are:

  1. California - 263,180 Finance Professionals
  2. New York - 212,240 Finance Professionals
  3. Texas - 176,030 Finance Professionals

Projected Growth

According to the US Bureau of Labor Statistics, the number of finance professionals is expected to grow by 10% by 2018. There are projected to be 3,313,540 finance professionals working in the US then. Of these 3,313,540 finance professionals, the government predicts that 2,820 will become budget analysts, 15,290 will become auditors, and 2,820 will become financial quantitative analysts. The projected growth for finance professionals is expected to be the fastest in the following states:

  1. Utah - 26%
  2. Nebraska - 22%
  3. Virginia - 19%

Salary

Finance professionals around the US earn $72,520 per year on average. However, the salary for finance professionals can vary greatly based not only on the exact finance profession you pursue but also on factors such as your previous performance reviews, your previous performance reviews, and location. Finance professionals in the US can earn anywhere from less than $15,630 per year, to more than $166,360 per year. The following states have the highest average salaries for finance professionals:

  1. New York - $96,352 per year
  2. Washington DC - $93,666 per year
  3. Connecticut - $90,113 per year

The following states have the lowest average salaries for finance professionals:

  1. Kentucky - $58,225 per year
  2. Maine - $58,442 per year
  3. Montana - $59,918 per year

On average the highest paid finance professionals were:

  1. Branch Financial Manager - $116,970 per year
  2. Economist - $99,350 per year
  3. Sales Agent - $95,130 per year

On average the lowest paid finance professionals were:

  1. Financial Quantitative Analyst - $66,920 per year
  2. Loan Officer - $65,900 per year
  3. Loan Counselor - $41,700 per year

 
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So what kind of job can you get after studying
finance?

Below you'll find various popular careers! Compare professions and see which one you find interesting!

Rank Profession Employment Number Avg Salary Job Growth (Past 5 Yrs)
1
Accountants and Auditors 1,072,490 $68,960 2.0%
2
Financial Managers 478,940 $116,970 1.5%
3
Loan Officers 283,330 $65,900 -14.8%
4
Securities, Commodities, and Financial Services Sales Agents 276,290 $95,130 9.8%
5
Financial Specialists, All Other 154,640 $66,920 26.4%
6
Credit Analysts 62,680 $68,180 1.9%
7
Budget Analysts 58,290 $70,660 8.9%
8
Credit Counselors 29,560 $41,700 5.5%
9
Financial Examiners 27,860 $82,320 25.7%
10
Economists 13,250 $99,350 6.3%