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Master's Degree in Finance

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Master’s Degrees in Finance

4,166 Yearly Graduations
37% Women
26% Racial-Ethnic Minorities*
A master's degree in finance is offered at 207 colleges in the United States. Among those who recently graduated from the schools offering this degree, the majority were men, and 26% were students from an underrepresented racial-ethnic group. Also, 32.9% of finance graduates were international students.

Education Levels of Finance Majors

In 2020-2021, 4,166 master's degrees were awarded to finance majors. This earns it the #8 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 46,671
Master’s Degree 4,166
Graduate Certificate 440
Basic Certificate 277
Associate Degree 149
Undergraduate Certificate 50
Doctor’s Degree 26

Earnings of Finance Majors With Master’s Degrees

We are unable to calculate the median earnings for finance majors with their master's degree due to lack of data.

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 62.9% of graduates in this field are male.

Gender Number of Grads
Men 2,621
Women 1,545
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The racial-ethnic distribution of finance master’s degree students is as follows:

Race/Ethnicity Number of Grads
Asian 280
Black or African American 265
Hispanic or Latino 457
White 1,543
International Students 1,370
Other Races/Ethnicities 251
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There are 207 colleges that offer a master’s degree in finance. Learn more about the most popular 20 below:

#1

University of Pennsylvania

Philadelphia, Pennsylvania
303 Yearly Graduations
33% Women
33% Racial-Ethnic Minorities*

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 $54,652 per year, while in-state graduate students, on average, pay $38,732 per year. During the 2020-2021 academic year, 303 people received their master's degree in finance from UPenn. About 33% of this group were women, and 33% were students from an underrepresented racial-ethnic group.

#2

Boston University

Boston, Massachusetts
214 Yearly Graduations
43% Women
8% Racial-Ethnic Minorities*

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 $58,560 per year, while in-state graduate students, on average, pay $58,560 per year. During the 2020-2021 academic year, 214 people received their master's degree in finance from Boston U. About 43% of this group were women, and 8% were students from an underrepresented racial-ethnic group.

186 Yearly Graduations
56% Women
6% Racial-Ethnic Minorities*

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 $54,020 per year, while in-state graduate students, on average, pay $49,358 per year. During the 2020-2021 academic year, 186 people received their master's degree in finance from Case Western. Around 6% of these students were from an underrepresented racial-ethnic group, and 56% were women.

#4

Tulane University of Louisiana

New Orleans, Louisiana
157 Yearly Graduations
41% Women
8% Racial-Ethnic Minorities*

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 $56,684 per year, while in-state graduate students, on average, pay $59,000 per year. The finance program at Tulane University of Louisiana awarded 157 master's degrees during the 2020-2021 school year. Around 8% of these students were from an underrepresented racial-ethnic group, and 41% were women.

#4

Harvard University

Cambridge, Massachusetts
157 Yearly Graduations
35% Women
41% Racial-Ethnic Minorities*

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 $51,143 per year, while in-state graduate students, on average, pay $50,928 per year. For the 2020-2021 academic year, 157 master's degrees were handed out to finance majors at Harvard. Around 41% of these students were from an underrepresented racial-ethnic group, and 35% were women.

#6

Colorado State University - Global Campus

Greenwood Village, Colorado
117 Yearly Graduations
50% Women
31% Racial-Ethnic Minorities*

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. For the 2020-2021 academic year, 117 master's degrees were handed out to finance majors at Colorado State University - Global Campus. Of these students, 50% were women and 31% were members of underrepresented racial-ethnic groups.

105 Yearly Graduations
43% Women
54% Racial-Ethnic Minorities*

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 $8,912 per year. For the 2020-2021 academic year, 105 master's degrees were handed out to finance majors at FIU. About 43% of this group were women, and 54% were students from an underrepresented racial-ethnic group.

#8

Georgetown University

Washington, District of Columbia
102 Yearly Graduations
25% Women
24% Racial-Ethnic Minorities*

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 $59,784 per year, while in-state graduate students, on average, pay $54,672 per year. For the 2020-2021 academic year, 102 master's degrees were handed out to finance majors at Georgetown. Around 24% of these students were from an underrepresented racial-ethnic group, and 25% were women.

#9

Southern New Hampshire University

Manchester, New Hampshire
85 Yearly Graduations
32% Women
39% Racial-Ethnic Minorities*

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 $15,000 per year, while in-state graduate students, on average, pay $18,900 per year. During the 2020-2021 academic year, 85 people received their master's degree in finance from SNHU. Around 39% of these students were from an underrepresented racial-ethnic group, and 32% were women.

#10

Goldey - Beacom College

Wilmington, Delaware
73 Yearly Graduations
58% Women
22% Racial-Ethnic Minorities*

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 $12,750 per year, while in-state graduate students, on average, pay $16,632 per year. During the 2020-2021 academic year, 73 people received their master's degree in finance from Goldey - Beacom College. About 58% of this group were women, and 22% were students from an underrepresented racial-ethnic group.

#10

Hofstra University

Hempstead, New York
73 Yearly Graduations
42% Women
18% Racial-Ethnic Minorities*

Hofstra University is the 10th most popular school in the nation for students seeking a master's degree in finance. Each year, around 10,400 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $50,265 per year, while in-state graduate students, on average, pay $27,180 per year. For the 2020-2021 academic year, 73 master's degrees were handed out to finance majors at Hofstra. About 42% of this group were women, and 18% were students from an underrepresented racial-ethnic group.

#12

West Texas A&M University

Canyon, Texas
72 Yearly Graduations
32% Women
38% Racial-Ethnic Minorities*

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 $6,211 per year, while in-state graduate students, on average, pay $5,086 per year. During the 2020-2021 academic year, 72 people received their master's degree in finance from West Texas A&M University. Around 38% of these students were from an underrepresented racial-ethnic group, and 32% were women.

#13

Washington University in St Louis

Saint Louis, Missouri
68 Yearly Graduations
53% Women
7% Racial-Ethnic Minorities*

The 13th most popular school in the country for finance majors who are seeking their master's degree is Washington University in St Louis. Roughly 15,400 attend the school each year. The average in-state tuition for full-time undergraduates is $57,750 per year, while in-state graduate students, on average, pay $57,750 per year. During the 2020-2021 academic year, 68 people received their master's degree in finance from WUSTL. About 53% of this group were women, and 7% were students from an underrepresented racial-ethnic group.

#14

Bentley University

Waltham, Massachusetts
65 Yearly Graduations
31% Women
20% Racial-Ethnic Minorities*

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 $54,910 per year, while in-state graduate students, on average, pay $42,200 per year. For the 2020-2021 academic year, 65 master's degrees were handed out to finance majors at Bentley. About 31% of this group were women, and 20% were students from an underrepresented racial-ethnic group.

#15

University of Toledo

Toledo, Ohio
61 Yearly Graduations
44% Women
5% Racial-Ethnic Minorities*

University of Toledo comes in at #15 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 $9,028 per year, while in-state graduate students, on average, pay $14,758 per year. During the 2020-2021 academic year, 61 people received their master's degree in finance from University of Toledo. Of these students, 44% were women and 5% were members of underrepresented racial-ethnic groups.

#16

Webster University

Saint Louis, Missouri
60 Yearly Graduations
60% Women
33% Racial-Ethnic Minorities*

Webster University is the 16th most popular school in the nation for students seeking a master's degree in finance. Roughly 8,100 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. During the 2020-2021 academic year, 60 people received their master's degree in finance from Webster. Around 33% of these students were from an underrepresented racial-ethnic group, and 60% were women.

#17

Johns Hopkins University

Baltimore, Maryland
54 Yearly Graduations
33% Women
37% Racial-Ethnic Minorities*

Johns Hopkins University comes in at #17 on our list of the most popular colleges offering master's degrees in finance. Each year, around 28,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $58,720 per year, while in-state graduate students, on average, pay $58,720 per year. For the 2020-2021 academic year, 54 master's degrees were handed out to finance majors at Johns Hopkins. Around 37% of these students were from an underrepresented racial-ethnic group, and 33% were women.

#17

Universidad Metropolitana

San Juan, Puerto Rico
54 Yearly Graduations
56% Women

The 17th 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. The finance program at Universidad Metropolitana awarded 54 master's degrees during the 2020-2021 school year. Around 100% of these students were from an underrepresented racial-ethnic group, and 56% were women.

#19

Wilmington University

New Castle, Delaware
52 Yearly Graduations
37% Women
37% Racial-Ethnic Minorities*

The 19th most popular school in the country for finance majors who are seeking their master's degree is Wilmington University. Roughly 14,700 attend the school each year. The average in-state tuition for full-time undergraduates is $11,700 per year, while in-state graduate students, on average, pay $9,000 per year. For the 2020-2021 academic year, 52 master's degrees were handed out to finance majors at Wilmington University. Around 37% of these students were from an underrepresented racial-ethnic group, and 37% were women.

52 Yearly Graduations
33% Women
8% Racial-Ethnic Minorities*

University of South Florida - Main Campus is the 19th most popular school in the nation for students seeking a master's degree in finance. Roughly 50,600 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. The finance program at University of South Florida - Main Campus awarded 52 master's degrees during the 2020-2021 school year. Around 8% of these students were from an underrepresented racial-ethnic group, and 33% were women.

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

Major Annual Degrees Awarded
Financial Planning & Services 179
Other Financial Management 105
Investments & Securities 47
International Finance 21
Public Finance 20

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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