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Doctor's Degree in Finance & Financial Management

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Doctor’s Degrees in Finance & Financial Management

50 Yearly Graduations
$92,900 Median Salary
$41,880 Median Debt
There are 21 colleges and univerities across the nation that offer a doctor's degree in finance. In recent years, the majority of the students getting degrees in this area were male, and 20 were from an underrepresented racial-ethnic group. Also, 46.0% of finance graduates were international students.

Education Levels of Finance Majors

In 2019-2020, 50 earned their doctor's degree in finance. This makes it the 7th most popular doctor'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 48,043
Master’s Degree 5,353
Basic Certificate 3,125
Graduate Certificate 897
Associate Degree 293
Undergraduate Certificate 132
Doctor’s Degree 50

Earnings of Finance Majors With Doctor’s Degrees

The median salary for graduates holding a doctor's degree in finance is $92,900. 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 $92,900 to a high of $92,900.


Student Debt

The median student debt for graduates holding a doctor's degree in finance is $41,880. 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, $41,880 is the debt load, and the debt load on the low side is $41,880.


The median monthly payment of a finance graduate with a 10-year repayment plan is $488.

Student Diversity

More men than women pursue doctor's degrees in finance. About 66.0% of graduates in this field are male.

Gender Number of Grads
Men 33
Women 17

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

Race/Ethnicity Number of Grads
Asian 1
Black or African American 6
Hispanic or Latino 0
White 16
International Students 23
Other Races/Ethnicities 4

There are 21 colleges that offer a doctor’s degree in finance. Learn more about the most popular 20 below:

Finance Concentrations

Major Annual Degrees Awarded
Finance 29
Financial Planning & Services 21

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

Major Annual Degrees Awarded
Business Administration & Management 2,466
Human Resource Management 289
Business & Commerce 267
Management Sciences & Methods 119
Other Business & Marketing 67


*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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