Bachelor’s Degrees in Finance & Financial Management
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Education Levels of Finance Majors
In 2020-2021, 48,215 bachelor's degrees were awarded to finance majors. This makes it the 3rd most popular bachelor's degree program in the country.
The following table shows the number of diplomas awarded in finance at each degree level.
| Education Level | Number of Grads |
|---|---|
| Bachelor’s Degree | 48,215 |
| Master’s Degree | 4,544 |
| Basic Certificate | 3,329 |
| Graduate Certificate | 1,197 |
| Associate Degree | 323 |
| Undergraduate Certificate | 127 |
| Doctor’s Degree | 43 |
Earnings of Finance Majors With Bachelor’s Degrees
The median salary for graduates holding a bachelor's degree in finance is $48,896. 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 $44,198 and the high is $54,179.
Student Debt
The median student debt for graduates holding a bachelor's degree in finance is $24,500. 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, $26,725 is the debt load, and the debt load on the low side is $21,279.
Those students who are paying back their debt on a 10-year repayment plan have a median monthly payment of $417.
Student Diversity
More men than women pursue bachelor's degrees in finance. About 70.7% of graduates in this field are male.
| Gender | Number of Grads |
|---|---|
| Men | 34,109 |
| Women | 14,106 |
The racial-ethnic distribution of finance bachelor’s degree students is as follows:
| Race/Ethnicity | Number of Grads |
|---|---|
| Asian | 3,682 |
| Black or African American | 2,328 |
| Hispanic or Latino | 5,766 |
| White | 29,392 |
| International Students | 4,465 |
| Other Races/Ethnicities | 2,582 |
Most Popular Finance Programs for Bachelor’s Degrees
There are 720 colleges that offer a bachelor’s degree in finance. Learn more about the most popular 20 below:
The most popular school in the United States for finance students seekinga bachelor's degree is Baruch College. Each year, around 19,700 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $6,930 per year, while in-state graduate students, on average, pay $11,090 per year. The finance program at Baruch College awarded 1,006 bachelor's degrees during the 2020-2021 school year. Of these students, 35% were women and 65% were members of underrepresented racial-ethnic groups.
Ohio State University - Main Campus comes in at #2 on our list of the most popular colleges offering bachelor's degrees in finance. Each year, around 61,300 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $11,018 per year, while in-state graduate students, on average, pay $11,560 per year. During the 2020-2021 academic year, 767 people received their bachelor's degree in finance from Ohio State. Of these students, 27% were women and 17% were members of underrepresented racial-ethnic groups.
Florida International University comes in at #3 on our list of the most popular colleges offering bachelor's degrees in finance. Each year, around 58,800 students seeking various degrees attend the university. 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 694 bachelor's degrees during the 2020-2021 school year. Around 83% of these students were from an underrepresented racial-ethnic group, and 42% were women.
The University of Alabama is the 4th most popular school in the nation for students seeking a bachelor's degree in finance. Roughly 37,800 attend the school each year. 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. The finance program at The University of Alabama awarded 615 bachelor's degrees during the 2020-2021 school year. About 26% of this group were women, and 11% were students from an underrepresented racial-ethnic group.
Pennsylvania State University - University Park comes in at #5 on our list of the most popular colleges offering bachelor's degrees in finance. Each year, around 89,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $15,400 per year, while in-state graduate students, on average, pay $23,189 per year. During the 2020-2021 academic year, 607 people received their bachelor's degree in finance from Penn State University Park. Of these students, 29% were women and 18% were members of underrepresented racial-ethnic groups.
The 6th most popular school in the country for finance majors who are seeking their bachelor's degree is Florida State University. Each year, around 43,500 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $4,640 per year, while in-state graduate students, on average, pay $9,684 per year. For the 2020-2021 academic year, 557 bachelor's degrees were handed out to finance majors at Florida State. About 27% of this group were women, and 31% were students from an underrepresented racial-ethnic group.
University of South Carolina - Columbia comes in at #7 on our list of the most popular colleges offering bachelor's degrees in finance. Roughly 35,400 attend the school each year. The average in-state tuition for full-time undergraduates is $12,288 per year, while in-state graduate students, on average, pay $13,734 per year. During the 2020-2021 academic year, 553 people received their bachelor's degree in finance from UofSC. About 32% of this group were women, and 12% were students from an underrepresented racial-ethnic group.
The 8th most popular school in the country for finance majors who are seeking their bachelor's degree is University of Georgia. Roughly 39,100 attend the school each year. The average in-state tuition for full-time undergraduates is $9,790 per year, while in-state graduate students, on average, pay $8,878 per year. The finance program at University of Georgia awarded 519 bachelor's degrees during the 2020-2021 school year. About 27% of this group were women, and 18% were students from an underrepresented racial-ethnic group.
University of South Florida - Main Campus is the 9th most popular school in the nation for students seeking a bachelor's degree in finance. Each year, around 50,600 students seeking various degrees attend the university. 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. The finance program at University of South Florida - Main Campus awarded 447 bachelor's degrees during the 2020-2021 school year. Around 35% of these students were from an underrepresented racial-ethnic group, and 31% were women.
University of Houston is the 10th most popular school in the nation for students seeking a bachelor's degree in finance. Each year, around 47,000 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $8,685 per year, while in-state graduate students, on average, pay $8,713 per year. For the 2020-2021 academic year, 442 bachelor's degrees were handed out to finance majors at UH. About 38% of this group were women, and 67% were students from an underrepresented racial-ethnic group.
University of Wisconsin - Madison is the 11th most popular school in the nation for students seeking a bachelor's degree in finance. Each year, around 44,600 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $9,273 per year, while in-state graduate students, on average, pay $10,728 per year. During the 2020-2021 academic year, 440 people received their bachelor's degree in finance from UW - Madison. Around 12% of these students were from an underrepresented racial-ethnic group, and 33% were women.
University of Central Florida is the 12th most popular school in the nation for students seeking a bachelor's degree in finance. Each year, around 71,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $4,478 per year, while in-state graduate students, on average, pay $6,916 per year. During the 2020-2021 academic year, 408 people received their bachelor's degree in finance from UCF. Around 42% of these students were from an underrepresented racial-ethnic group, and 29% were women.
California State University - Northridge is the 13th most popular school in the nation for students seeking a bachelor's degree in finance. Roughly 40,300 attend the school each year. The average in-state tuition for full-time undergraduates is $5,742 per year, while in-state graduate students, on average, pay $7,176 per year. During the 2020-2021 academic year, 399 people received their bachelor's degree in finance from CSUN. Around 54% of these students were from an underrepresented racial-ethnic group, and 36% were women.
The 14th most popular school in the country for finance majors who are seeking their bachelor's degree is Arizona State University - Tempe. Roughly 74,700 attend the school each year. The average in-state tuition for full-time undergraduates is $10,710 per year, while in-state graduate students, on average, pay $11,720 per year. During the 2020-2021 academic year, 393 people received their bachelor's degree in finance from ASU - Tempe. Of these students, 25% were women and 30% were members of underrepresented racial-ethnic groups.
University of Arkansas is the 15th most popular school in the nation for students seeking a bachelor's degree in finance. Each year, around 27,500 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $7,666 per year, while in-state graduate students, on average, pay $7,875 per year. During the 2020-2021 academic year, 392 people received their bachelor's degree in finance from UARK. Around 14% of these students were from an underrepresented racial-ethnic group, and 21% were women.
The 16th most popular school in the country for finance majors who are seeking their bachelor's degree is The University of Texas at Austin. Roughly 50,400 attend the school each year. The average in-state tuition for full-time undergraduates is $11,752 per year, while in-state graduate students, on average, pay $12,050 per year. For the 2020-2021 academic year, 391 bachelor's degrees were handed out to finance majors at UT Austin. Around 53% of these students were from an underrepresented racial-ethnic group, and 28% were women.
University of Iowa is the 17th most popular school in the nation for students seeking a bachelor's degree in finance. Each year, around 30,300 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $8,356 per year, while in-state graduate students, on average, pay $10,432 per year. For the 2020-2021 academic year, 388 bachelor's degrees were handed out to finance majors at Iowa. Around 11% of these students were from an underrepresented racial-ethnic group, and 22% were women.
University of Maryland - College Park is the 18th most popular school in the nation for students seeking a bachelor's degree in finance. Roughly 40,700 attend the school each year. The average in-state tuition for full-time undergraduates is $9,000 per year, while in-state graduate students, on average, pay $15,360 per year. For the 2020-2021 academic year, 384 bachelor's degrees were handed out to finance majors at UMCP. Around 35% of these students were from an underrepresented racial-ethnic group, and 30% were women.
The 19th most popular school in the country for finance majors who are seeking their bachelor's degree is Rutgers University - New Brunswick. Roughly 50,400 attend the school each year. The average in-state tuition for full-time undergraduates is $12,536 per year, while in-state graduate students, on average, pay $18,180 per year. For the 2020-2021 academic year, 381 bachelor's degrees were handed out to finance majors at Rutgers New Brunswick. Of these students, 31% were women and 49% were members of underrepresented racial-ethnic groups.
The 20th most popular school in the country for finance majors who are seeking their bachelor's degree is University of North Carolina at Charlotte. Each year, around 30,100 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $3,812 per year, while in-state graduate students, on average, pay $4,337 per year. During the 2020-2021 academic year, 361 people received their bachelor's degree in finance from UNC Charlotte. Of these students, 28% were women and 34% were members of underrepresented racial-ethnic groups.
Finance Focus Areas
| Major | Annual Degrees Awarded |
|---|---|
| Finance | 46,671 |
| Financial Planning & Services | 750 |
| Banking & Financial Support Services | 520 |
| Other Financial Management | 152 |
| Investments & Securities | 108 |
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Related Majors
Below are some popular majors that are similar to finance that offer bachelor’s degrees.
| Major | Annual Degrees Awarded |
|---|---|
| Business Administration & Management | 174,534 |
| Accounting | 51,042 |
| Marketing | 45,122 |
| Business & Commerce | 24,850 |
| Human Resource Management | 11,722 |
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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