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Master's Degree in Finance & Financial Management

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Master’s Degrees in Finance & Financial Management

5,579 Yearly Graduations
$64,700 Median Salary
$41,000 Median Debt
A master's degree in finance is offered at 224 colleges in the United States. This degree is more popular with male students, and about 20% of recent graduates were from an underrepresented racial-ethnic group. Also, 44.1% of finance graduates were international students.

Education Levels of Finance Majors

In 2018-2019, 5,579 earned their master's degree in finance. This earns it the #38 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 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 Master’s Degrees

The median salary for graduates holding a master's degree in finance is $64,700. 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 $53,900 and the high is $78,675.

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Student Debt

The median student debt for graduates holding a master's degree in finance is $41,000. The length of time it takes you to graduate and what college you attend can affect this number quite a bit.

The chart below shows the range of accumulated debt loads. On the high side of the range, $50,276 is the debt load, and the debt load on the low side is $35,094.

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The median monthly payment of a finance graduate with a 10-year repayment plan is $478.

Student Diversity

More men than women pursue master's degrees in finance. About 63.3% of graduates in this field are male.

Gender Number of Grads
Men 3,532
Women 2,047
Gender Diversity of Master's Degrees in Finance

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

Race/Ethnicity Number of Grads
Asian 314
Black or African American 275
Hispanic or Latino 446
White 1,760
International Students 2,459
Other Races/Ethnicities 325
Racial-Ethnic Diversity of Finance Master's Degree Students

There are 224 colleges that offer a master’s degree in finance. Learn more about the most popular 20 below:

#1

Johns Hopkins University

Baltimore, Maryland
511 Yearly Graduations
52% Women
4% Racial-Ethnic Minorities*

The most popular school in the United States for finance students seekinga master's degree is Johns Hopkins University. Each year, around 26,100 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $55,350 per year, while in-state graduate students, on average, pay $55,350 per year.

During the 2018-2019 academic year, 511 people received their master's degree in finance from Johns Hopkins. Of these students, 52% were women and 4% were members of underrepresented racial-ethnic groups.

#2

University of Pennsylvania

Philadelphia, Pennsylvania
323 Yearly Graduations
26% Women
27% Racial-Ethnic Minorities*

University of Pennsylvania comes in at #2 on our list of the most popular colleges offering master's degrees in finance. Roughly 25,800 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.

For the 2018-2019 academic year, 323 master's degrees were handed out to finance majors at UPenn. Around 27% of these students were from an underrepresented racial-ethnic group, and 26% were women.

#3

Tulane University of Louisiana

New Orleans, Louisiana
166 Yearly Graduations
30% Women
17% Racial-Ethnic Minorities*

The 3rd most popular school in the country for finance majors who are seeking their master's degree is Tulane University of Louisiana. Each year, around 12,600 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $52,760 per year, while in-state graduate students, on average, pay $54,918 per year.

During the 2018-2019 academic year, 166 people received their master's degree in finance from Tulane. Around 17% of these students were from an underrepresented racial-ethnic group, and 30% were women.

#4

Hult International Business School

Cambridge, Massachusetts
158 Yearly Graduations
35% Women
3% Racial-Ethnic Minorities*

The 4th most popular school in the country for finance majors who are seeking their master's degree is Hult International Business School. Each year, around 3,000 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $38,458 per year, while in-state graduate students, on average, pay $43,307 per year.

The finance program at Hult International Business School awarded 158 master's degrees during the 2018-2019 school year. About 35% of this group were women, and 3% were students from an underrepresented racial-ethnic group.

#5

Boston University

Boston, Massachusetts
152 Yearly Graduations
48% Women
7% Racial-Ethnic Minorities*

Boston University comes in at #5 on our list of the most popular colleges offering master's degrees in finance. Each year, around 34,600 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $54,720 per year, while in-state graduate students, on average, pay $54,720 per year.

The finance program at Boston University awarded 152 master's degrees during the 2018-2019 school year. Of these students, 48% were women and 7% were members of underrepresented racial-ethnic groups.

147 Yearly Graduations
47% Women
5% Racial-Ethnic Minorities*

The 6th most popular school in the country for finance majors who are seeking their master's degree is Case Western Reserve University. Each year, around 11,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $50,450 per year, while in-state graduate students, on average, pay $46,524 per year.

During the 2018-2019 academic year, 147 people received their master's degree in finance from Case Western. Around 5% of these students were from an underrepresented racial-ethnic group, and 47% were women.

#7

Washington University in St Louis

Saint Louis, Missouri
143 Yearly Graduations
52% Women
3% Racial-Ethnic Minorities*

The 7th most popular school in the country for finance majors who are seeking their master's degree is Washington University in St Louis. Each year, around 15,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $54,250 per year, while in-state graduate students, on average, pay $54,250 per year.

For the 2018-2019 academic year, 143 master's degrees were handed out to finance majors at WUSTL. Around 3% of these students were from an underrepresented racial-ethnic group, and 52% were women.

#8

Colorado State University - Global Campus

Greenwood Village, Colorado
125 Yearly Graduations
34% Women
22% Racial-Ethnic Minorities*

Colorado State University - Global Campus is the 8th most popular school in the nation for students seeking a master's degree in finance. Each year, around 12,400 students seeking various degrees attend the university. 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.

The finance program at Colorado State University - Global Campus awarded 125 master's degrees during the 2018-2019 school year. About 34% of this group were women, and 22% were students from an underrepresented racial-ethnic group.

#9

Harvard University

Cambridge, Massachusetts
111 Yearly Graduations
34% Women
39% Racial-Ethnic Minorities*

Harvard University is the 9th most popular school in the nation for students seeking a master's degree in finance. Each year, around 31,500 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $47,730 per year, while in-state graduate students, on average, pay $48,008 per year.

For the 2018-2019 academic year, 111 master's degrees were handed out to finance majors at Harvard. Around 39% of these students were from an underrepresented racial-ethnic group, and 34% were women.

#10

Goldey - Beacom College

Wilmington, Delaware
106 Yearly Graduations
53% Women
8% Racial-Ethnic Minorities*

The 10th most popular school in the country for finance majors who are seeking their master's degree is Goldey - Beacom College. Roughly 1,400 attend the school each year. The average in-state tuition for full-time undergraduates is $24,780 per year, while in-state graduate students, on average, pay $20,106 per year.

During the 2018-2019 academic year, 106 people received their master's degree in finance from Goldey - Beacom College. Of these students, 53% were women and 8% were members of underrepresented racial-ethnic groups.

102 Yearly Graduations
21% Women
17% Racial-Ethnic Minorities*

The 11th most popular school in the country for finance majors who are seeking their master's degree is Southern Methodist University. Roughly 11,600 attend the school each year. The average in-state tuition for full-time undergraduates is $50,200 per year, while in-state graduate students, on average, pay $40,896 per year.

The finance program at Southern Methodist University awarded 102 master's degrees during the 2018-2019 school year. Around 17% of these students were from an underrepresented racial-ethnic group, and 21% were women.

#12

Boston College

Chestnut Hill, Massachusetts
101 Yearly Graduations
39% Women
15% Racial-Ethnic Minorities*

Boston College is the 12th most popular school in the nation for students seeking a master's degree in finance. Roughly 14,700 attend the school each year. 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.

The finance program at Boston College awarded 101 master's degrees during the 2018-2019 school year. Around 15% of these students were from an underrepresented racial-ethnic group, and 39% were women.

#13

Northeastern University

Boston, Massachusetts
87 Yearly Graduations
54% Women
3% Racial-Ethnic Minorities*

Northeastern University is the 13th most popular school in the nation for students seeking a master's degree in finance. Each year, around 21,600 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $52,420 per year, while in-state graduate students, on average, pay $24,793 per year.

For the 2018-2019 academic year, 87 master's degrees were handed out to finance majors at Northeastern. About 54% of this group were women, and 3% were students from an underrepresented racial-ethnic group.

#14

Southern New Hampshire University

Manchester, New Hampshire
86 Yearly Graduations
28% Women
15% Racial-Ethnic Minorities*

Southern New Hampshire University is the 14th most popular school in the nation for students seeking a master's degree in finance. Each year, around 104,000 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $30,756 per year, while in-state graduate students, on average, pay $18,810 per year.

For the 2018-2019 academic year, 86 master's degrees were handed out to finance majors at SNHU. Around 15% of these students were from an underrepresented racial-ethnic group, and 28% were women.

84 Yearly Graduations
32% Women
61% Racial-Ethnic Minorities*

Florida International University is the 15th most popular school in the nation for students seeking a master's degree in finance. Roughly 57,900 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 $8,912 per year.

The finance program at Florida International University awarded 84 master's degrees during the 2018-2019 school year. Around 61% of these students were from an underrepresented racial-ethnic group, and 32% were women.

#16

Webster University

Saint Louis, Missouri
83 Yearly Graduations
36% Women
40% Racial-Ethnic Minorities*

Webster University is the 16th 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 $28,500 per year, while in-state graduate students, on average, pay $13,500 per year.

The finance program at Webster University awarded 83 master's degrees during the 2018-2019 school year. Around 40% of these students were from an underrepresented racial-ethnic group, and 36% were women.

#17

University of Maryland - College Park

College Park, Maryland
75 Yearly Graduations
35% Women
9% Racial-Ethnic Minorities*

The 17th most popular school in the country for finance majors who are seeking their master's degree is University of Maryland - College Park. Roughly 41,200 attend the school each year. The average in-state tuition for full-time undergraduates is $8,824 per year, while in-state graduate students, on average, pay $13,158 per year.

During the 2018-2019 academic year, 75 people received their master's degree in finance from UMCP. Around 9% of these students were from an underrepresented racial-ethnic group, and 35% were women.

#17

Pace University - New York

New York, New York
75 Yearly Graduations
37% Women
28% Racial-Ethnic Minorities*

Pace University - New York comes in at #17 on our list of the most popular colleges offering master's degrees in finance. Roughly 13,300 attend the school each year. The average in-state tuition for full-time undergraduates is $44,714 per year, while in-state graduate students, on average, pay $31,320 per year.

For the 2018-2019 academic year, 75 master's degrees were handed out to finance majors at Pace University. Of these students, 37% were women and 28% were members of underrepresented racial-ethnic groups.

72 Yearly Graduations
29% Women
6% Racial-Ethnic Minorities*

University of South Florida - Main Campus comes in at #19 on our list of the most popular colleges offering master's degrees in finance. Roughly 43,800 attend the school each year. The average in-state tuition for full-time undergraduates is $4,559 per year, while in-state graduate students, on average, pay $8,350 per year.

During the 2018-2019 academic year, 72 people received their master's degree in finance from USF Tampa. Of these students, 29% were women and 6% were members of underrepresented racial-ethnic groups.

#20

West Texas A&M University

Canyon, Texas
70 Yearly Graduations
31% Women
29% Racial-Ethnic Minorities*

West Texas A&M University is the 20th 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 $5,554 per year, while in-state graduate students, on average, pay $4,823 per year.

For the 2018-2019 academic year, 70 master's degrees were handed out to finance majors at West Texas A&M University. About 31% of this group were women, and 29% were students from an underrepresented racial-ethnic group.

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

Major Annual Degrees Awarded
Business Administration & Management 128,188
Accounting 20,770
Management Sciences & Methods 12,583
Business & Commerce 9,486
Human Resource Management 8,943

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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