Doctor’s Degrees in Finance & Financial Management
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Education Levels of Finance Majors
In 2020-2021, 43 doctor's degrees were awarded to finance majors. This earns it the #9 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 | 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 Doctor’s Degrees
The median salary for graduates holding a doctor's degree in finance is $89,269. A lot of factors can contribute to this number, such as the location of your workplace and the availability of other perks and bonuses. To get a better picture, earnings for this category of people can range from a low of $89,269 to a high of $89,269.
Student Debt
We do not have the data to estimate the median debt for this class of people.
Student Diversity
More men than women pursue doctor's degrees in finance. About 67.4% of graduates in this field are male.
| Gender | Number of Grads |
|---|---|
| Men | 29 |
| Women | 14 |
The racial-ethnic distribution of finance doctor’s degree students is as follows:
| Race/Ethnicity | Number of Grads |
|---|---|
| Asian | 0 |
| Black or African American | 4 |
| Hispanic or Latino | 2 |
| White | 14 |
| International Students | 17 |
| Other Races/Ethnicities | 6 |
Most Popular Finance Programs for Doctor’s Degrees
There are 20 colleges that offer a doctor’s degree in finance. Learn more about the most popular 20 below:
Kansas State University tops the list of the most popular school in the U.S. for finance majors who are seeking their doctor's degree. Roughly 20,800 attend the school each year. The average in-state tuition for full-time undergraduates is $9,489 per year, while in-state graduate students, on average, pay $10,294 per year. During the 2020-2021 academic year, 7 people received their doctor's degree in finance from K -State. About 43% of this group were women, and 14% were students from an underrepresented racial-ethnic group.
The 2nd most popular school in the country for finance majors who are seeking their doctor's degree is Boston College. Roughly 14,900 attend the school each year. The average in-state tuition for full-time undergraduates is $60,530 per year, while in-state graduate students, on average, pay $32,616 per year. The finance program at Boston College awarded 5 doctor's degrees during the 2020-2021 school year.
American College of Financial Services is the 2nd most popular school in the nation for students seeking a doctor's degree in finance. Each year, around 5,700 students seeking various degrees attend the university. The finance program at American College of Financial Services awarded 5 doctor's degrees during the 2020-2021 school year.
The 2nd most popular school in the country for finance majors who are seeking their doctor's degree is Texas Tech University. Each year, around 40,300 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $8,935 per year, while in-state graduate students, on average, pay $6,956 per year. During the 2020-2021 academic year, 5 people received their doctor's degree in finance from Texas Tech. About 40% of this group were women, and 40% were students from an underrepresented racial-ethnic group.
The 2nd most popular school in the country for finance majors who are seeking their doctor's degree is Capella University. Each year, around 38,900 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $14,148 per year, while in-state graduate students, on average, pay $14,784 per year. During the 2020-2021 academic year, 5 people received their doctor's degree in finance from Capella University. About 40% of this group were women, and 40% were students from an underrepresented racial-ethnic group.
Northwestern University comes in at #6 on our list of the most popular colleges offering doctor's degrees in finance. Roughly 22,600 attend the school each year. The average in-state tuition for full-time undergraduates is $60,276 per year, while in-state graduate students, on average, pay $56,067 per year. During the 2020-2021 academic year, 4 people received their doctor's degree in finance from Northwestern.
Washington State University is the 7th most popular school in the nation for students seeking a doctor's degree in finance. Each year, around 31,100 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $10,457 per year, while in-state graduate students, on average, pay $12,076 per year. The finance program at Washington State University awarded 3 doctor's degrees during the 2020-2021 school year.
University of Connecticut comes in at #8 on our list of the most popular colleges offering doctor's degrees in finance. Each year, around 27,200 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $15,030 per year, while in-state graduate students, on average, pay $17,532 per year. During the 2020-2021 academic year, 2 people received their doctor's degree in finance from UCONN.
The 8th most popular school in the country for finance majors who are seeking their doctor's degree is University of Pennsylvania. The average in-state tuition for full-time undergraduates is $54,652 per year, while in-state graduate students, on average, pay $38,732 per year. The finance program at University of Pennsylvania awarded 2 doctor's degrees during the 2020-2021 school year.
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. Each year, around 6,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $4,560 per year, while in-state graduate students, on average, pay $3,870 per year. During the 2020-2021 academic year, 2 people received their doctor's degree in finance from Inter American University of Puerto Rico - Metro. Of these students, 50% were women and 100% were members of underrepresented racial-ethnic groups.
The University of Alabama comes in at #11 on our list of the most popular colleges offering doctor's degrees in finance. 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. During the 2020-2021 academic year, 1 people received their doctor's degree in finance from UA.
Georgia State University is the 11th 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 $7,158 per year, while in-state graduate students, on average, pay $7,164 per year. During the 2020-2021 academic year, 1 people received their doctor's degree in finance from Georgia State.
The University of Texas at San Antonio is the 11th 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 $6,237 per year, while in-state graduate students, on average, pay $7,056 per year. During the 2020-2021 academic year, 1 people received their doctor's degree in finance from UTSA.
Finance Concentrations
| Major | Annual Degrees Awarded |
|---|---|
| Finance | 26 |
| Financial Planning & Services | 17 |
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Related Majors
Below are some popular majors that are similar to finance that offer doctor’s degrees.
| Major | Annual Degrees Awarded |
|---|---|
| Business Administration & Management | 2,764 |
| Human Resource Management | 278 |
| Business & Commerce | 247 |
| Management Sciences & Methods | 127 |
| Other Business & Marketing | 59 |
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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