Finance Doctor’s Degrees
There are 745 colleges and universities across the nation that offer adoctor’s degree in Finance. In recent years, the majority of students earning degrees in this area were men, and about7% were students from underrepresented racial-ethnic groups. Also, 71.4% of Finance graduates were international students.
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Education Levels of Finance Majors
In the most recent year for which data is available, 49,828 degrees were awarded toFinance majors across all award levels. The following table shows the number of diplomas awarded in Finance at each degree level.
| Education Level | Number of Grads |
|---|---|
| Certificate | 87 |
| Associate’s Degree | 164 |
| Bachelor’s Degree | 45,564 |
| Master’s Degree | 3,999 |
| Doctor’s Degree (this page) | 14 |
Earnings of Finance Majors With Doctor’s Degrees (All Award Levels)
The U.S. Department of Education reports a median salary for graduates with adoctor’s degree in Finance of $75,528 four years after graduation. These figures are reported program-wide, across all award levels.
However, this can depend on a number of factors, such as where you live and the number of years of experience you have.
| Years After Graduation | Median Earnings |
|---|---|
| 1 year | $60,617 |
| 4 years | $75,528 |
| 5 years | $88,287 |
Source: U.S. Department of Education College Scorecard, field-of-study earnings tracker (program-wide, all award levels).
Student Debt (All Award Levels)
We do not have the data to calculate the median and range of debt loads for Finance students with their doctor’s degree.
Student Diversity
This degree is more popular with male students. About 64.3% of graduates in this field are men.
| Gender | Number of Grads |
|---|---|
| Men | 9 |
| Women | 5 |
The racial-ethnic distribution of Finance graduates is as follows:
| Race / Ethnicity | Number of Grads | Share |
|---|---|---|
| White | 3 | 21.4% |
| Hispanic or Latino | 1 | 7.1% |
| International Students | 10 | 71.4% |
This degree is very popular with international students. Around 71.4% of graduates are in this category.
See the minority definition in the References below.
Most Popular Finance Programs for Doctor’s Degrees
There are 809 colleges that offer a doctor’s degree in Finance. Learn more about the most popular below:
The most popular school in the United States for Finance students seeking a doctor's degree is Ohio State University-Main Campus. This school awarded 922 doctor's degrees in Finance in the most recent reporting year. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
CUNY Bernard M Baruch College comes in at #2 on our list of the most popular colleges offering doctor's degrees in Finance. During the most recent year for which we have data, 827 people received their doctor's degree in Finance from this school. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
Florida State University comes in at #3 on our list of the most popular colleges offering doctor's degrees in Finance. This school awarded 657 doctor's degrees in Finance in the most recent reporting year. Graduates who complete their doctor's degree in Finance here go on to a median salary of $40,669.
Florida International University comes in at #4 on our list of the most popular colleges offering doctor's degrees in Finance. During the most recent year for which we have data, 605 people received their doctor's degree in Finance from this school. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
The University of Alabama is a popular choice for Finance majors seeking their doctor's degree. During the most recent year for which we have data, 571 people received their doctor's degree in Finance from this school. Graduates who complete their doctor's degree in Finance here go on to a median salary of $40,669.
University of Iowa comes in at #6 on our list of the most popular colleges offering doctor's degrees in Finance. This school awarded 568 doctor's degrees in Finance in the most recent reporting year. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
Pennsylvania State University-Main Campus is a popular choice for Finance majors seeking their doctor's degree. During the most recent year for which we have data, 533 people received their doctor's degree in Finance from this school. Graduates who complete their doctor's degree in Finance here go on to a median salary of $40,669.
University of Georgia is a popular choice for Finance majors seeking their doctor's degree. During the most recent year for which we have data, 520 people received their doctor's degree in Finance from this school. Graduates who complete their doctor's degree in Finance here go on to a median salary of $40,669.
University of South Carolina-Columbia comes in at #9 on our list of the most popular colleges offering doctor's degrees in Finance. This school awarded 493 doctor's degrees in Finance in the most recent reporting year. Graduates who complete their doctor's degree in Finance here go on to a median salary of $40,669.
Rutgers University-New Brunswick is a popular choice for Finance majors seeking their doctor's degree. This school awarded 490 doctor's degrees in Finance in the most recent reporting year. Graduates who complete their doctor's degree in Finance here go on to a median salary of $40,669.
University of South Florida is a popular choice for Finance majors seeking their doctor's degree. This school awarded 479 doctor's degrees in Finance in the most recent reporting year. Graduates who complete their doctor's degree in Finance here go on to a median salary of $40,669.
Boston College is a popular choice for Finance majors seeking their doctor's degree. This school awarded 474 doctor's degrees in Finance in the most recent reporting year. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
Arizona State University Campus Immersion is a popular choice for Finance majors seeking their doctor's degree. During the most recent year for which we have data, 427 people received their doctor's degree in Finance from this school. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
University of Arkansas comes in at #14 on our list of the most popular colleges offering doctor's degrees in Finance. During the most recent year for which we have data, 427 people received their doctor's degree in Finance from this school. Graduates who complete their doctor's degree in Finance here go on to a median salary of $40,669.
University of Wisconsin-Madison is a popular choice for Finance majors seeking their doctor's degree. During the most recent year for which we have data, 426 people received their doctor's degree in Finance from this school. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
University of Houston is a popular choice for Finance majors seeking their doctor's degree. During the most recent year for which we have data, 420 people received their doctor's degree in Finance from this school. Graduates who complete their doctor's degree in Finance here go on to a median salary of $40,669.
The University of Texas at Austin comes in at #17 on our list of the most popular colleges offering doctor's degrees in Finance. This school awarded 417 doctor's degrees in Finance in the most recent reporting year. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
Michigan State University is a popular choice for Finance majors seeking their doctor's degree. During the most recent year for which we have data, 398 people received their doctor's degree in Finance from this school. Graduates who complete their doctor's degree in Finance here go on to a median salary of $40,669.
University of Maryland-College Park comes in at #19 on our list of the most popular colleges offering doctor's degrees in Finance. During the most recent year for which we have data, 392 people received their doctor's degree in Finance from this school. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
Texas A&M University-College Station comes in at #20 on our list of the most popular colleges offering doctor's degrees in Finance. This school awarded 384 doctor's degrees in Finance in the most recent reporting year. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
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Related Majors
Below are some popular majors similar to Finance that also offer doctor’s degrees.
| Major | Annual Degrees Awarded |
|---|---|
| Financial Planning and Services | 5,773 |
| Banking and Financial Support Services | 992 |
| Investments and Securities | 414 |
| Finance and Financial Management Services, Other | 363 |
| International Finance | 124 |
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 to obtain the percentage of racial-ethnic minorities.
- College Factual
- National Center for Education Statistics (IPEDS)
- O*NET Online
- U.S. Bureau of Labor Statistics
- U.S. Department of Education College Scorecard
More about our data sources and methodologies.