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Finance & Financial Management in Massachusetts

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Finance & Financial Management Schools in Massachusetts

2,169 Finance students earned their degrees in the state in 2020-2021.

In this state, Finance & Financial Management is the 5th most popular major out of a total 25 majors commonly available.

Education Levels of Finance & Financial Management Majors in Massachusetts

Finance majors in the state tend to have the following degree levels:

Education Level Number of Grads
Bachelor’s Degree 1,354
Master’s Degree 595
Postbaccalaureate Certificate 178
Post-Master’s Certificate 178
Associate Degree 25
Award Taking 2 to 4 Years 11
Award Taking 1 to 2 Years 11
Doctor’s Degree (Other) 5
Doctor’s Degree (Research / Scholarship) 5
Doctor’s Degree (Professional Practice) 5
Award Taking Less 12 Weeks 1
Award Taking 12 Weeks to 1 Year 1
Award Taking Less Than 1 Year 1

Gender Distribution

In Massachusetts, a finance major is more popular with men than with women.

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Racial Distribution

The racial distribution of finance majors in Massachusetts is as follows:

  • Asian: 9.8%
  • Black or African American: 3.4%
  • Hispanic or Latino: 5.9%
  • White: 53.0%
  • Non-Resident Alien: 21.2%
  • Other Races: 6.7%
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Jobs for Finance & Financial Management Grads in Massachusetts

There are 191,630 people in the state and 5,710,980 people in the nation working in finance jobs.

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Wages for Finance & Financial Management Jobs in Massachusetts

Finance grads earn an average of $88,370 in the state and $79,830 nationwide.

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There are 10 colleges in Massachusetts that offer finance degrees. Learn about the most popular 10 below:

#1

Boston College

Chestnut Hill
402 Degrees in Major Awarded
92% Graduation Rate
14,934 Total Students

The student to faculty ratio is 14 to 1. This private school has an average net price of $36,599. It takes the average student 4.05 years to graduate.

325 Degrees in Major Awarded
89% Graduation Rate
5,177 Total Students

67% of the teachers are full time. 85% of students are awarded financial aid at this school. This school boasts a lower than average student loan default rate of 0.80%.

234 Degrees in Major Awarded
80% Graduation Rate
31,642 Total Students

The student to faculty ratio is 17 to 1. Seeking financial aid? At this school, 90% of students receive it. The student loan default rate is 1.90% which is lower than average.

215 Degrees in Major Awarded
88% Graduation Rate
32,718 Total Students

Roughly six years after entering college, graduates of this school earn $58,876 a year. An average student at Boston U will pay a net price of $30,395. The 1.40% student loan default rate is lower than average.

#5

Harvard University

Cambridge
157 Degrees in Major Awarded
98% Graduation Rate
30,391 Total Students

Students enjoy a student to faculty ratio of 5 to 1. 72% of students are awarded financial aid at this school. Students who attend this private institution pay an average net price of $13,872.

122 Degrees in Major Awarded
59% Graduation Rate
6,830 Total Students

The student to faculty ratio is 14 to 1. Graduates earn an average $47,459 after graduation. The student loan default rate of 4.30% is a good sign that graduates can afford their loan payments.

104 Degrees in Major Awarded
11,310 Total Students

Grads earn an average early-career salary of $65,632 after earning their degree at this institution. The student loan default rate of 1.50% is a good sign that graduates can afford their loan payments. 11% of the teachers are full time.

#8

Merrimack College

North Andover
58 Degrees in Major Awarded
71% Graduation Rate
5,418 Total Students

Seeking financial aid? At this school, 100% of students receive it. This private institution charges an average net price of $34,367. Graduates earn an average $49,705 after graduation.

45 Degrees in Major Awarded
56% Graduation Rate
7,869 Total Students

This public school has an average net price of $20,050. 98% of students are awarded financial aid at this school. The full-time teacher rate is 74%.

40 Degrees in Major Awarded
1,814 Total Students

The 3.30% student loan default rate is lower than average. The student to faculty ratio is 14 to 1. 81% of students are awarded financial aid at this school.

Finance & Financial Management Careers in MA

Some of the careers finance majors go into include:

Job Title MA Job Growth MA Median Salary
Financial Managers 17% $130,180
Credit Counselors 12% $52,280
Loan Interviewers and Clerks 8% $42,530
Budget Analysts 8% $83,240
General and Operations Managers 8% $110,760
Financial Analysts 7% $87,060
Loan Officers 7% $70,090
Financial Specialists 7% $81,120
Personal Financial Advisors 6% $82,060
Credit Analysts 4% $76,220
Securities, Commodities, and Financial Services Sales Agents -2% $72,610
Tellers -4% $31,530
Bill and Account Collectors -4% $43,620
Credit Authorizers, Checkers, and Clerks -6% $45,160
New Accounts Clerks -8% $39,600

Below are some popular majors in the state that are similar to finance.

Major Annual Graduates in MA
Business Administration & Management 10,840
Management Sciences & Methods 3,148
Business & Commerce 2,073
Accounting 1,896
Marketing 1,590
International Business 609
Hospitality Management 372
Other Business & Marketing 271

View all majors related to Finance & Financial Management

View Nationwide Finance & Financial Management Report

References

More about our data sources and methodologies.

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