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Master's Degree in Finance & Financial Management

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Master’s Degrees in Finance & Financial Management

4,544 Yearly Graduations
$66,697 Median Salary
37% Women
There are 235 schools in the United States where you can get your master's degree in finance. This degree is more popular with male students, and about 26% of recent graduates were from an underrepresented racial-ethnic group. Also, 31.0% of finance graduates were international students.

Education Levels of Finance Majors

During the 2020-2021 academic year, 4,544 students earned their master's degree in finance. This makes it the 7th most popular master'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 Master’s Degrees

The median salary for graduates holding a master's degree in finance is $66,697. 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 $58,471 and the high is $79,048.

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Student Debt

The data on debt ranges for finance majors who have their master's degree is not available.

Student Diversity

More men than women pursue master's degrees in finance. About 63.3% of graduates in this field are male.

Gender Number of Grads
Men 2,875
Women 1,669
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The racial-ethnic distribution of finance master’s degree students is as follows:

Race/Ethnicity Number of Grads
Asian 300
Black or African American 308
Hispanic or Latino 483
White 1,754
International Students 1,409
Other Races/Ethnicities 290
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There are 235 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*

The most popular school in the United States for finance students seekinga master's degree is University of Pennsylvania. Each year, around 26,500 students seeking various degrees attend the university. 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. For the 2020-2021 academic year, 303 master's degrees were handed out to finance majors at UPenn. Around 33% of these students were from an underrepresented racial-ethnic group, and 33% were women.

#2

Boston University

Boston, Massachusetts
215 Yearly Graduations
42% Women
8% Racial-Ethnic Minorities*

Boston University is the 2nd most popular school in the nation for students seeking a master's degree in finance. Each year, around 32,700 students seeking various degrees attend the university. 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. The finance program at Boston University awarded 215 master's degrees during the 2020-2021 school year. About 42% 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 comes in at #3 on our list of the most popular colleges offering master's degrees in finance. Each year, around 11,400 students seeking various degrees attend the university. 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. For the 2020-2021 academic year, 186 master's degrees were handed out to finance majors at Case Western. Of these students, 56% were women and 6% were members of underrepresented racial-ethnic groups.

#4

Tulane University of Louisiana

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

Tulane University of Louisiana comes in at #4 on our list of the most popular colleges offering master's degrees in finance. Roughly 13,900 attend the school each year. 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. During the 2020-2021 academic year, 157 people received their master's degree in finance from Tulane. Of these students, 41% were women and 8% were members of underrepresented racial-ethnic groups.

#4

Harvard University

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

Harvard University comes in at #4 on our list of the most popular colleges offering master's degrees in finance. Each year, around 30,300 students seeking various degrees attend the university. 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. The finance program at Harvard University awarded 157 master's degrees during the 2020-2021 school year. Of these students, 35% were women and 41% were members of underrepresented racial-ethnic groups.

#6

Colorado State University - Global Campus

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

The 6th most popular school in the country for finance majors who are seeking their master's degree is Colorado State University - Global Campus. Each year, around 12,500 students seeking various degrees attend the university. 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. The finance program at Colorado State University - Global Campus awarded 117 master's degrees during the 2020-2021 school year. About 50% of this group were women, and 31% were students from an underrepresented racial-ethnic group.

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

Florida International University comes in at #7 on our list of the most popular colleges offering master'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 105 master's degrees during the 2020-2021 school year. Around 54% of these students were from an underrepresented racial-ethnic group, and 43% were women.

#8

Georgetown University

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

The 8th most popular school in the country for finance majors who are seeking their master's degree is Georgetown University. Each year, around 19,300 students seeking various degrees attend the university. 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. The finance program at Georgetown University awarded 102 master's degrees during the 2020-2021 school year. Of these students, 25% were women and 24% were members of underrepresented racial-ethnic groups.

#9

Southern New Hampshire University

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

Southern New Hampshire University is the 9th most popular school in the nation for students seeking a master's degree in finance. Each year, around 134,300 students seeking various degrees attend the university. 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. For the 2020-2021 academic year, 85 master's degrees were handed out to finance majors at SNHU. Of these students, 32% were women and 39% were members of underrepresented racial-ethnic groups.

#10

Goldey - Beacom College

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

Goldey - Beacom College comes in at #10 on our list of the most popular colleges offering master's degrees in finance. Roughly 1,100 attend the school each year. 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. For the 2020-2021 academic year, 73 master's degrees were handed out to finance majors at Goldey - Beacom College. Around 22% of these students were from an underrepresented racial-ethnic group, and 58% were women.

#10

Hofstra University

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

Hofstra University comes in at #10 on our list of the most popular colleges offering master's degrees in finance. Roughly 10,400 attend the school each year. 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. The finance program at Hofstra University awarded 73 master's degrees during the 2020-2021 school year. Around 18% of these students were from an underrepresented racial-ethnic group, and 42% were women.

#12

West Texas A&M University

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

West Texas A&M University comes in at #12 on our list of the most popular colleges offering master's degrees in finance. Roughly 10,000 attend the school each year. 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. For the 2020-2021 academic year, 72 master's degrees were handed out to finance majors at West Texas A&M University. Of these students, 32% were women and 38% were members of underrepresented racial-ethnic groups.

#13

Stony Brook University

Stony Brook, New York
71 Yearly Graduations
34% Women
27% Racial-Ethnic Minorities*

The 13th most popular school in the country for finance majors who are seeking their master's degree is Stony Brook University. Each year, around 26,700 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $7,070 per year, while in-state graduate students, on average, pay $11,310 per year. The finance program at Stony Brook University awarded 71 master's degrees during the 2020-2021 school year. About 34% of this group were women, and 27% were students from an underrepresented racial-ethnic group.

#14

Bentley University

Waltham, Massachusetts
68 Yearly Graduations
32% Women
19% Racial-Ethnic Minorities*

The 14th most popular school in the country for finance majors who are seeking their master's degree is Bentley University. Roughly 5,100 attend the school each year. 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, 68 master's degrees were handed out to finance majors at Bentley. Of these students, 32% were women and 19% were members of underrepresented racial-ethnic groups.

#14

Washington University in St Louis

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

The 14th most popular school in the country for finance majors who are seeking their master's degree is Washington University in St Louis. Each year, around 15,400 students seeking various degrees attend the university. 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. For the 2020-2021 academic year, 68 master's degrees were handed out to finance majors at WUSTL. Around 7% of these students were from an underrepresented racial-ethnic group, and 53% were women.

#16

University of Toledo

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

The 16th most popular school in the country for finance majors who are seeking their master's degree is University of Toledo. Roughly 18,300 attend the school each year. 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. For the 2020-2021 academic year, 61 master's degrees were handed out to finance majors at University of Toledo. About 44% of this group were women, and 5% were students from an underrepresented racial-ethnic group.

#17

Webster University

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

The 17th most popular school in the country for finance majors who are seeking their master's degree is Webster University. Each year, around 8,100 students seeking various degrees attend the university. 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. For the 2020-2021 academic year, 60 master's degrees were handed out to finance majors at Webster. Of these students, 60% were women and 33% were members of underrepresented racial-ethnic groups.

#18

Saint Joseph's University

Philadelphia, Pennsylvania
55 Yearly Graduations
29% Women
11% Racial-Ethnic Minorities*

Saint Joseph's University is the 18th most popular school in the nation for students seeking a master's degree in finance. Roughly 6,700 attend the school each year. The average in-state tuition for full-time undergraduates is $47,740 per year, while in-state graduate students, on average, pay $18,144 per year. During the 2020-2021 academic year, 55 people received their master's degree in finance from St. Joe's. Around 11% of these students were from an underrepresented racial-ethnic group, and 29% were women.

#19

Johns Hopkins University

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

Johns Hopkins University comes in at #19 on our list of the most popular colleges offering master's degrees in finance. Roughly 28,800 attend the school each year. 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. The finance program at Johns Hopkins University awarded 54 master's degrees during the 2020-2021 school year. Of these students, 33% were women and 37% were members of underrepresented racial-ethnic groups.

#19

Universidad Metropolitana

San Juan, Puerto Rico
54 Yearly Graduations
56% Women

Universidad Metropolitana is the 19th most popular school in the nation for students seeking a master's degree in finance. Each year, around 8,800 students seeking various degrees attend the university. 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. During the 2020-2021 academic year, 54 people received their master's degree in finance from UMET. Of these students, 56% were women and 100% were members of underrepresented racial-ethnic groups.

Finance Focus Areas

Major Annual Degrees Awarded
Finance 4,166
Financial Planning & Services 179
Other Financial Management 105
Investments & Securities 47
International Finance 21

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

Major Annual Degrees Awarded
Business Administration & Management 122,843
Management Sciences & Methods 29,299
Accounting 18,187
Human Resource Management 9,750
Business & Commerce 8,488

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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