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Doctor's Degree in Finance & Financial Management

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Doctor’s Degrees in Finance & Financial Management

67 Yearly Graduations
$92,900 Median Salary
$41,880 Median Debt
There are 21 colleges and univerities across the nation that offer a doctor's degree in finance. This degree is more popular with male students, and about 30% of recent graduates were from an underrepresented racial-ethnic group. Also, 37.3% of finance graduates were international students.

Education Levels of Finance Majors

In 2018-2019, 67 doctor's degrees were awarded to finance majors. This earns it the #132 spot on the list of the most popular doctor's degree programs in the nation.

The following table shows the number of diplomas awarded in finance at each degree level.

Education Level Number of Grads
Bachelor’s Degree 46,736
Master’s Degree 5,579
Basic Certificate 2,713
Graduate Certificate 631
Associate’s Degree 296
Undergraduate Certificate 164
Doctor’s Degree 67

Earnings of Finance Majors With Doctor’s Degrees

The median salary for graduates holding a doctor's degree in finance is $92,900. This number may vary for a lot of reasons. For instance, you may decide to move to a location where people with your degree are rare and make more money.

A better approximation of salary is to look at the typical range of salaries. In this case the low is $92,900 and the high is $92,900.

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Student Debt

The median student debt for graduates holding a doctor's degree in finance is $41,880. The school you go to and how long it takes you to graduate, among other things, can cause this number to vary.

The chart below shows the range of accumulated debt loads. On the high side of the range, $41,880 is the debt load, and the debt load on the low side is $41,880.

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Those students who are paying back their debt on a 10-year repayment plan have a median monthly payment of $488.

Student Diversity

More men than women pursue doctor's degrees in finance. About 74.6% of graduates in this field are male.

Gender Number of Grads
Men 50
Women 17
Gender Diversity of Doctor's Degrees in Finance

The racial-ethnic distribution of finance doctor’s degree students is as follows:

Race/Ethnicity Number of Grads
Asian 9
Black or African American 3
Hispanic or Latino 5
White 20
International Students 25
Other Races/Ethnicities 5
Racial-Ethnic Diversity of Finance Doctor's Degree Students

There are 21 colleges that offer a doctor’s degree in finance. Learn more about the most popular 20 below:

#1

Kansas State University

Manhattan, Kansas
11 Yearly Graduations
55% Women
9% Racial-Ethnic Minorities*

The most popular school in the United States for finance students seekinga doctor's degree is Kansas State University. Roughly 21,700 attend the school each year. The average in-state tuition for full-time undergraduates is $9,735 per year, while in-state graduate students, on average, pay $10,212 per year.

During the 2018-2019 academic year, 11 people received their doctor's degree in finance from K -State. Around 9% of these students were from an underrepresented racial-ethnic group, and 55% were women.

#2

University of Pennsylvania

Philadelphia, Pennsylvania
9 Yearly Graduations
33% Women
22% Racial-Ethnic Minorities*

University of Pennsylvania comes in at #2 on our list of the most popular colleges offering doctor's degrees in finance. Roughly 26,600 attend the school each year. The average in-state tuition for full-time undergraduates is $51,156 per year, while in-state graduate students, on average, pay $36,254 per year.

During the 2018-2019 academic year, 9 people received their doctor's degree in finance from UPenn. Around 22% of these students were from an underrepresented racial-ethnic group, and 33% were women.

#3

Northwestern University

Evanston, Illinois
7 Yearly Graduations
29% Women
57% Racial-Ethnic Minorities*

Northwestern University comes in at #3 on our list of the most popular colleges offering doctor's degrees in finance. Each year, around 22,400 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $56,232 per year, while in-state graduate students, on average, pay $56,067 per year.

For the 2018-2019 academic year, 7 doctor's degrees were handed out to finance majors at Northwestern. About 29% of this group were women, and 57% were students from an underrepresented racial-ethnic group.

#4

Texas Tech University

Lubbock, Texas
6 Yearly Graduations
17% Women
50% Racial-Ethnic Minorities*

Texas Tech University is the 4th most popular school in the nation for students seeking a doctor's degree in finance. Roughly 38,700 attend the school each year. The average in-state tuition for full-time undergraduates is $6,744 per year, while in-state graduate students, on average, pay $5,958 per year.

During the 2018-2019 academic year, 6 people received their doctor's degree in finance from Texas Tech. Of these students, 17% were women and 50% were members of underrepresented racial-ethnic groups.

#5

Capella University

Minneapolis, Minnesota
4 Yearly Graduations
50% Racial-Ethnic Minorities*

Capella University comes in at #5 on our list of the most popular colleges offering doctor's degrees in finance. The average in-state tuition for full-time undergraduates is $14,148 per year, while in-state graduate students, on average, pay $14,767 per year.

During the 2018-2019 academic year, 4 people received their doctor's degree in finance from Capella University.

#5

New York University

New York, New York
4 Yearly Graduations
25% Women
25% Racial-Ethnic Minorities*

New York University comes in at #5 on our list of the most popular colleges offering doctor's degrees in finance. Each year, around 52,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $50,684 per year, while in-state graduate students, on average, pay $33,408 per year.

During the 2018-2019 academic year, 4 people received their doctor's degree in finance from NYU. Around 25% of these students were from an underrepresented racial-ethnic group, and 25% were women.

#5

Boston College

Chestnut Hill, Massachusetts
4 Yearly Graduations

The 5th most popular school in the country for finance majors who are seeking their doctor's degree is Boston College. The average in-state tuition for full-time undergraduates is $56,780 per year, while in-state graduate students, on average, pay $30,600 per year.

During the 2018-2019 academic year, 4 people received their doctor's degree in finance from Boston College.

3 Yearly Graduations

Inter American University of Puerto Rico - Metro is the 8th most popular school in the nation for students seeking a doctor's degree in finance. The average in-state tuition for full-time undergraduates is $6,840 per year, while in-state graduate students, on average, pay $3,870 per year.

For the 2018-2019 academic year, 3 doctor's degrees were handed out to finance majors at Inter American University of Puerto Rico - Metro.

3 Yearly Graduations
67% Women

The University of Texas at San Antonio is the 8th most popular school in the nation for students seeking a doctor's degree in finance. Each year, around 32,500 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $5,510 per year, while in-state graduate students, on average, pay $5,771 per year.

The finance program at The University of Texas at San Antonio awarded 3 doctor's degrees during the 2018-2019 school year.

#8

Georgia State University

Atlanta, Georgia
3 Yearly Graduations

Georgia State University comes in at #8 on our list of the most popular colleges offering doctor's degrees in finance. The average in-state tuition for full-time undergraduates is $7,158 per year, while in-state graduate students, on average, pay $7,164 per year.

The finance program at Georgia State University awarded 3 doctor's degrees during the 2018-2019 school year.

#8

American College of Financial Services

Bryn Mawr, Pennsylvania
3 Yearly Graduations
33% Women
67% Racial-Ethnic Minorities*

The 8th most popular school in the country for finance majors who are seeking their doctor's degree is American College of Financial Services. Roughly 7,000 attend the school each year. The finance program at American College of Financial Services awarded 3 doctor's degrees during the 2018-2019 school year. Of these students, 33% were women and 67% were members of underrepresented racial-ethnic groups.

#8

The University of Alabama

Tuscaloosa, Alabama
3 Yearly Graduations

The 8th most popular school in the country for finance majors who are seeking their doctor's degree is The University of Alabama. The average in-state tuition for full-time undergraduates is $10,780 per year, while in-state graduate students, on average, pay $10,780 per year.

For the 2018-2019 academic year, 3 doctor's degrees were handed out to finance majors at UA.

#13

University of Puerto Rico - Rio Piedras

San Juan, Puerto Rico
2 Yearly Graduations

University of Puerto Rico - Rio Piedras comes in at #13 on our list of the most popular colleges offering doctor's degrees in finance. The average in-state tuition for full-time undergraduates is $3,968 per year, while in-state graduate students, on average, pay $3,420 per year.

During the 2018-2019 academic year, 2 people received their doctor's degree in finance from UPR Rio Piedras.

#13

Michigan State University

East Lansing, Michigan
2 Yearly Graduations
50% Women

Michigan State University comes in at #13 on our list of the most popular colleges offering doctor's degrees in finance. Roughly 49,800 attend the school each year. The average in-state tuition for full-time undergraduates is $15,555 per year, while in-state graduate students, on average, pay $18,858 per year.

For the 2018-2019 academic year, 2 doctor's degrees were handed out to finance majors at Michigan State.

#15

Carnegie Mellon University

Pittsburgh, Pennsylvania
1 Yearly Graduations

Carnegie Mellon University is the 15th most popular school in the nation for students seeking a doctor's degree in finance. The average in-state tuition for full-time undergraduates is $55,816 per year, while in-state graduate students, on average, pay $45,037 per year.

The finance program at Carnegie Mellon University awarded 1 doctor's degrees during the 2018-2019 school year.

#15

University of Connecticut

Storrs, Connecticut
1 Yearly Graduations

The 15th most popular school in the country for finance majors who are seeking their doctor's degree is University of Connecticut. The average in-state tuition for full-time undergraduates is $13,798 per year, while in-state graduate students, on average, pay $16,300 per year.

During the 2018-2019 academic year, 1 people received their doctor's degree in finance from UCONN.

#15

Anderson University Indiana

Anderson, Indiana
1 Yearly Graduations

Anderson University Indiana is the 15th most popular school in the nation for students seeking a doctor's degree in finance. The average in-state tuition for full-time undergraduates is $30,700 per year, while in-state graduate students, on average, pay $9,808 per year.

The finance program at Anderson University Indiana awarded 1 doctor's degrees during the 2018-2019 school year.

Below are some popular majors that are similar to finance that offer doctor’s degrees.

Major Annual Degrees Awarded
Business Administration & Management 2,604
Human Resource Management 317
Business & Commerce 258
Management Sciences & Methods 102
International Business 53

References

*The racial-ethnic minority student count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the percentage of racial-ethnic minorities.

More about our data sources and methodologies.

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