Master’s Degrees in Finance & Financial Management
Education Levels of Finance Majors
During the most recent year for which data is available, 4,173 people earned their master's degree in finance. This earns it the #42 spot on the list of the most popular master'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 | 47,462 |
| Basic Certificate | 4,542 |
| Master’s Degree | 4,173 |
| Graduate Certificate | 1,301 |
| Associate Degree | 332 |
| Undergraduate Certificate | 161 |
| Doctor’s Degree | 42 |
Earnings of Finance Majors With Master’s Degrees
The median salary for graduates holding a master's degree in finance is $77,650. However, this can depend on a number of factors, such as where you live and the number of years experience you have. To get a better picture, earnings for this category of people can range from a low of $68,382 to a high of $94,420.
Student Debt
We do not have the data to calculate the median and range of debt loads for finance students who are master's degree holders.
Student Diversity
More men than women pursue master's degrees in finance. About 65.6% of graduates in this field are male.
| Gender | Number of Grads |
|---|---|
| Men | 2,738 |
| Women | 1,435 |
The racial-ethnic distribution of finance master’s degree students is as follows:
| Race/Ethnicity | Number of Grads |
|---|---|
| Asian | 312 |
| Black or African American | 225 |
| Hispanic or Latino | 444 |
| White | 1,687 |
| International Students | 1,181 |
| Other Races/Ethnicities | 324 |
Most Popular Finance Programs for Master’s Degrees
There are 235 colleges that offer a master’s degree in finance. Learn more about the most popular 20 below:
University of Pennsylvania tops the list of the most popular school in the U.S. for finance majors who are seeking their master's degree. Roughly 26,500 attend the school each year. The average in-state tuition for full-time undergraduates is $58,620 per year, while in-state graduate students, on average, pay $41,544 per year. During the most recent year for which we have data, 303 people received their master's degree in finance from UPenn. About 23% of this group were women, and 33% were students from an underrepresented racial-ethnic group. Data shows that UPenn graduates that hold this degree go on to make a median salary of $77,650.
The 2nd most popular school in the country for finance majors who are seeking their master's degree is Boston University. Roughly 32,700 attend the school each year. The average in-state tuition for full-time undergraduates is $63,798 per year, while in-state graduate students, on average, pay $63,798 per year. During the most recent year for which we have data, 215 people received their master's degree in finance from Boston U. About 39% of this group were women, and 9% were students from an underrepresented racial-ethnic group. Data shows that Boston U graduates that hold this degree go on to make a median salary of $77,650.
Case Western Reserve University is the 3rd most popular school in the nation for students seeking a master's degree in finance. Roughly 11,400 attend the school each year. The average in-state tuition for full-time undergraduates is $64,100 per year, while in-state graduate students, on average, pay $52,360 per year. During the most recent year for which we have data, 186 people received their master's degree in finance from Case Western. About 47% of this group were women, and 2% were students from an underrepresented racial-ethnic group. Case Western Reserve University finance graduates who receive their master's degree go on to jobs earning a median salary of $77,650.
Tulane University of Louisiana is the 4th most popular school in the nation for students seeking a master's degree in finance. Each year, around 13,900 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $61,306 per year, while in-state graduate students, on average, pay $63,814 per year. During the most recent year for which we have data, 157 people received their master's degree in finance from Tulane. Of these students, 36% were women and 3% were members of underrepresented racial-ethnic groups. Data shows that Tulane graduates that hold this degree go on to make a median salary of $77,650.
Harvard University is the 4th most popular school in the nation for students seeking a master's degree in finance. Roughly 30,300 attend the school each year. The average in-state tuition for full-time undergraduates is $54,269 per year, while in-state graduate students, on average, pay $54,032 per year. During the most recent year for which we have data, 157 people received their master's degree in finance from Harvard. Of these students, 36% were women and 36% were members of underrepresented racial-ethnic groups. Harvard University finance graduates who receive their master's degree go on to jobs earning a median salary of $77,650.
Colorado State University - Global Campus comes in at #6 on our list of the most popular colleges offering master's degrees in finance. Roughly 12,500 attend the school each year. The average in-state tuition for full-time undergraduates is $8,400 per year, while in-state graduate students, on average, pay $9,000 per year. During the most recent year for which we have data, 117 people received their master's degree in finance from Colorado State University - Global Campus. Of these students, 53% were women and 20% were members of underrepresented racial-ethnic groups. Data shows that Colorado State University - Global Campus graduates that hold this degree go on to make a median salary of $77,650.
Florida International University is the 7th most popular school in the nation for students seeking a master's degree in finance. Roughly 58,800 attend the school each year. The average in-state tuition for full-time undergraduates is $4,721 per year, while in-state graduate students, on average, pay $9,119 per year. During the most recent year for which we have data, 105 people received their master's degree in finance from FIU. Of these students, 39% were women and 67% were members of underrepresented racial-ethnic groups. Florida International University finance graduates who receive their master's degree go on to jobs earning a median salary of $77,650.
Georgetown University comes in at #8 on our list of the most popular colleges offering master's degrees in finance. Roughly 19,300 attend the school each year. The average in-state tuition for full-time undergraduates is $64,896 per year, while in-state graduate students, on average, pay $58,848 per year. During the most recent year for which we have data, 102 people received their master's degree in finance from Georgetown. About 23% of this group were women, and 38% were students from an underrepresented racial-ethnic group. Those who complete their master's degree in finance at Georgetown University make a median salary of 77,650.
The 9th most popular school in the country for finance majors who are seeking their master's degree is Southern New Hampshire University. Roughly 134,300 attend the school each year. The average in-state tuition for full-time undergraduates is $15,450 per year, while in-state graduate students, on average, pay $19,467 per year. During the most recent year for which we have data, 85 people received their master's degree in finance from SNHU. About 38% of this group were women, and 32% were students from an underrepresented racial-ethnic group. Those who complete their master's degree in finance at Southern New Hampshire University make a median salary of 77,650.
Hofstra University is the 10th most popular school in the nation for students seeking a master's degree in finance. The average in-state tuition for full-time undergraduates is $54,335 per year, while in-state graduate students, on average, pay $29,340 per year. During the most recent year for which we have data, 73 people received their master's degree in finance from Hofstra. Data shows that Hofstra graduates that hold this degree go on to make a median salary of $77,650.
Goldey - Beacom College is the 10th most popular school in the nation for students seeking a master's degree in finance. Each year, around 1,100 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $13,440 per year, while in-state graduate students, on average, pay $13,050 per year. During the most recent year for which we have data, 73 people received their master's degree in finance from Goldey - Beacom College. Around 17% of these students were from an underrepresented racial-ethnic group, and 57% were women. Data shows that Goldey - Beacom College graduates that hold this degree go on to make a median salary of $77,650.
West Texas A&M University is the 12th most popular school in the nation for students seeking a master's degree in finance. Each year, around 10,000 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $6,372 per year, while in-state graduate students, on average, pay $5,088 per year. During the most recent year for which we have data, 72 people received their master's degree in finance from West Texas A&M University. About 32% of this group were women, and 22% were students from an underrepresented racial-ethnic group. West Texas A&M University finance graduates who receive their master's degree go on to jobs earning a median salary of $77,650.
Stony Brook University comes in at #13 on our list of the most popular colleges offering master's degrees in finance. Roughly 26,700 attend the school each year. The average in-state tuition for full-time undergraduates is $7,070 per year, while in-state graduate students, on average, pay $11,310 per year. During the most recent year for which we have data, 71 people received their master's degree in finance from SUNY Stony Brook. Around 22% of these students were from an underrepresented racial-ethnic group, and 28% were women. Stony Brook University finance graduates who receive their master's degree go on to jobs earning a median salary of $77,650.
Washington University in St Louis comes in at #14 on our list of the most popular colleges offering master's degrees in finance. Roughly 15,400 attend the school each year. The average in-state tuition for full-time undergraduates is $61,750 per year, while in-state graduate students, on average, pay $61,750 per year. During the most recent year for which we have data, 68 people received their master's degree in finance from WUSTL. About 36% of this group were women, and 7% were students from an underrepresented racial-ethnic group. Washington University in St Louis finance graduates who receive their master's degree go on to jobs earning a median salary of $77,650.
Bentley University comes in at #14 on our list of the most popular colleges offering master's degrees in finance. Each year, around 5,100 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $58,150 per year, while in-state graduate students, on average, pay $44,720 per year. During the most recent year for which we have data, 68 people received their master's degree in finance from Bentley. Around 29% of these students were from an underrepresented racial-ethnic group, and 23% were women. Those who complete their master's degree in finance at Bentley University make a median salary of 77,650.
University of Toledo comes in at #16 on our list of the most popular colleges offering master's degrees in finance. Each year, around 18,300 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $9,753 per year, while in-state graduate students, on average, pay $15,354 per year. During the most recent year for which we have data, 61 people received their master's degree in finance from University of Toledo. About 22% of this group were women, and 11% were students from an underrepresented racial-ethnic group. Data shows that University of Toledo graduates that hold this degree go on to make a median salary of $77,650.
Webster University comes in at #17 on our list of the most popular colleges offering master's degrees in finance. Roughly 8,100 attend the school each year. The average in-state tuition for full-time undergraduates is $30,530 per year, while in-state graduate students, on average, pay $13,140 per year. During the most recent year for which we have data, 60 people received their master's degree in finance from Webster. About 31% of this group were women, and 15% were students from an underrepresented racial-ethnic group. Those who complete their master's degree in finance at Webster University make a median salary of 77,650.
The 18th most popular school in the country for finance majors who are seeking their master's degree is Saint Joseph's University. Each year, around 6,700 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $51,140 per year, while in-state graduate students, on average, pay $19,786 per year. During the most recent year for which we have data, 55 people received their master's degree in finance from St. Joe's. Of these students, 16% were women and 22% were members of underrepresented racial-ethnic groups. Saint Joseph's University finance graduates who receive their master's degree go on to jobs earning a median salary of $77,650.
The 19th most popular school in the country for finance majors who are seeking their master's degree is Universidad Metropolitana. Roughly 8,800 attend the school each year. The average in-state tuition for full-time undergraduates is $4,920 per year, while in-state graduate students, on average, pay $2,652 per year. During the most recent year for which we have data, 54 people received their master's degree in finance from UMET. Around 100% of these students were from an underrepresented racial-ethnic group, and 76% were women. Those who complete their master's degree in finance at Universidad Metropolitana make a median salary of 77,650.
Johns Hopkins University is the 19th most popular school in the nation for students seeking a master's degree in finance. Each year, around 28,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $62,840 per year, while in-state graduate students, on average, pay $62,840 per year. During the most recent year for which we have data, 54 people received their master's degree in finance from Johns Hopkins. Of these students, 25% were women and 44% were members of underrepresented racial-ethnic groups. Johns Hopkins University finance graduates who receive their master's degree go on to jobs earning a median salary of $77,650.
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Related Majors
Below are some popular majors that are similar to finance that offer master’s degrees.
| Major | Annual Degrees Awarded |
|---|---|
| Business Administration & Management | 120,872 |
| Management Sciences & Methods | 41,157 |
| Accounting | 15,888 |
| Business & Commerce | 9,096 |
| Human Resource Management | 8,301 |
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.
- College Factual
- National Center for Education Statistics
- O*NET Online
- Bureau of Labor Statistics
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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