Online Masters in Finance Degree Programs
Online masters in finance programs aim to help students to develop a comprehensive expertise in all things finance, from the broad and business focused, to the technical and specific. Online Masters in Finance Programs typically aim to help students prepare for real world responsibilities such as managing investment portfolios and making strategic financial decisions to improve ROI or mitigate risk. For more details, get in touch with the programs you’re considering.
Why Consider Earning an MS in Finance Online
Earning your finance masters degree in finance online could be a strategic decision—especially for the busy professional. Online learning often uses technology to deliver your education to your own computer. For you, that could mean studying in the office over lunch, working from home, or earning your degree on the go. Whatever it is, an online masters in finance degree program may be designed to fit into students’ lives.
No matter what type of career you are pursuing there may be business programs or a college of business that could help meet them. Whether looking for a career as a certified financial planner (CFP), a career in financial reporting. You may be involved with your organizations financial decision making or looking to be a CFA there is a program to meet your needs.
Here are a few potential perks to earning your online masters in finance.
- You may not have to worry about the commute. You could apply to great programs that support your goals, whether they’re in your neighborhood or across the country.
- You may have access to valuable resources. As with campus programs, many online schools may offer research and library database services, career and academic counseling, and even networking opportunities. And since it’s all online, you could access them from anywhere!
- You could get your education on your terms. Prefer a program that emulates a classroom experience? Some offer live streamed lectures and classroom discussion, bringing your finance classroom to you. Need something super flexible? Other programs might let you log on at times each week that work for you. Some programs might even offer both!
Keep in mind that the specifics of each online master of science in finance might vary. These factors may include how they consider work experience. Will you be going full time or part time? The school may have specific GRE or GMAT requirements. They might require a minimum GPA from your undergraduate program. For more information on the schedule, flexibility, services, and technology requirements of your selected online program, reach out to the school. These factor into picking the perfect online master program to fit your needs.
Other items to consider when choosing a school include the availability of financial aid, the accreditation of the school, and whether the master’s in finance program is fully online. Financial aid may be available to those who qualify.
Online Masters in Finance Degree Types
Masters in finance schools might offer a few different degree options. Generally, these two are the most common.
- Online Masters of Science in Finance Schools: These are also known as online MS in Finance or an online MSF degrees. Programs offering an MS in finance online may have a narrower focus on financial expertise and quantitative skills. They might aim to establish financial theory and economics expertise. On top of that, they may hone analysis, valuation, and mathematical skills to put that knowledge into practice.
- Online MBA Finance Schools: MBA programs focused on finance tend to be a little broader. They may develop financial expertise within the context of business leadership. Programs might tie in depth finance expertise to other business and personnel management skills. That could potentially result in the well rounded corporate skill set you’re looking for
Each of these may be valuable in different ways. MBA programs, being broader, may apply in a variety of contexts within finance and outside of it. Online MSF degrees, meanwhile, could be a great choice for online students focused on pursuing positions within finance, or who want an alternative to the MBA. These and other degree types may vary by school, so reach out to your selected school for more information.
Popular schools with Online Masters in Finance Degrees
Online Masters in Finance Potential Concentrations
Some online masters in finance degree programs may allow you to select a program concentration. This could tailor your program, and help to ensure that your curriculum focuses on the kinds of things you want to study. Example concentrations may include the following.
- Banking: These programs may take content covered in a more generalized finance program, and place it in the context of the banking industry. This could include investment banking, and a variety of other types of institutions.
- Financial Planning: These types of programs generally focus on the individual. Like finance as a whole, these programs may cover topics like valuation, and managing investments and risk. A financial planning concentration aims to teach how to help individual investors or families.
These might not be the only concentration options open to you. The specific program options offered may vary between schools. Moreover, the details of those concentrations could also be different from what’s described above. For more information, reach out about the programs you’re looking at and ask them questions.
Masters in Finance Online Programs
Program | Degree Awarded | Format |
Master of Business Administration – Finance | M.B.A. | Online |
Master of Business Administration – Financial Management | M.B.A. | Online |
Master of Science in Finance | M.S. | Online |
Flexible MBA – Financial Businesses | M.B.A. | Online |
Personal Financial Planning | M.B.A. | Online |
Online Masters in Finance Example Curriculum
The curriculum may be one of the most important aspects of choosing an online masters in finance program. The specific courses and coursework in your program might vary. This may depend on factors like the type of degree you’re earning and your selected concentration. The number of credit hours required may vary from program to program as well as the methodology for teaching. The program may also require a project or capstone in order to complete it. Electives may also be required as part of the graduate programs you consider. But here are a few examples.
- Financial Theory: This topic often focuses on the relationships between different markets and financial institutions. Courses might also discuss the issues that could impact those markets or an organization.
- Valuation: These courses may look at models, strategies, and techniques used to estimate value or worth. Quantitative analysis may be covered in this course. They may also discuss how that knowledge might be applied in real world scenarios.
- Investment Portfolio Management: This course topic might go by different names. Basically, it may cover the theory and practice of investing and managing a portfolio. It also may talk about the different types of investments, and go over relevant taxation and legal policy. Financial strategies may also be a topic.
- Derivatives: This course usually surveys the different types of derivative investments. It could cover what they are, how they’re used, pricing, and their relative strengths and weaknesses. Financial analysis may be a topic here.
- Financial Statements: These courses tend to look at the ins and outs of corporate financial statements. Examples may include what those statements are, how they’re written, and how to analyze them for relevant information. Capital budgeting may also be covered here.
- Corporate Finance: This type of course may take what you may have learned about finance and applies it in a corporate setting. In addition to managing corporate finances, classes might discuss risk management strategies, investing, and strategies for overcoming business financial challenges.
Remember that these and other courses might vary between programs. Courses in topics such as international finance or healthcare finance may be covered. If you have questions or are looking for something in particular, reach out to the selected program for details.
Top Online Masters in Finance Programs by Graduate 2019
We ranked our top 25 colleges with masters in finance degree programs. Our methodologies use data from the NCES based on 2019 graduates from the programs.
School Name | Acceptance Rate (%) | Number of Graduates | Programs Offered | 2019 Financial Aid Information |
---|---|---|---|---|
Johns Hopkins University | 11 | 511 | MBA, MS in Business and Risk Management | 60% of students are awarded grants or scholarships on average of $42,902. 28% of students are awarded federal loans in the average amount of $2,761 |
University of Pennsylvania | 8 | 214 | MBA in Finance | 49% of students are awarded grants or scholarships on average of $50,532. 12% of students are awarded federal loans in the average amount of $5,028 |
Hult International Business School | 43 | 158 | Master in Finance | 76% of students are awarded grants or scholarships on average of $16,873. 10% of students are awarded federal loans in the average amount of $5,008 |
Tulane University of Louisiana | 13 | 153 | Masters in Finance | 76% of students are awarded grants or scholarships on average of $32,275. 26% of students are awarded federal loans in the average amount of $5,296 |
Case Western Reserve University | 27 | 147 | Master of Finance | 85% of students are awarded grants or scholarships on average of $31,420. 66% of students are awarded federal loans in the average amount of $5,267 |
Boston University | 19 | 143 | JD in Finance, MS in Financial Management | 49% of students are awarded grants or scholarships on average of $43,022. 25% of students are awarded federal loans in the average amount of $5,264 |
Washington University in St Louis | 14 | 143 | MS in Finance, Global Master of Finance | 43% of students are awarded grants or scholarships on average of $47,253. 16% of students are awarded federal loans in the average amount of $4,726 |
Colorado State University-Global Campus | 99 | 125 | Masters in Finance | 32% of students are awarded grants or scholarships on average of $3,682. 41% of students are awarded federal loans in the average amount of $7,338 |
Harvard University | 5 | 111 | Master of Liberal Arts in Finance | 57% of students are awarded grants or scholarships on average of $55,455. 2% of students are awarded federal loans in the average amount of $5,099 |
Goldey-Beacom College | 57 | 104 | MBA in Finance, MS in Finance | 100% of students are awarded grants or scholarships on average of $21,017. 52% of students are awarded federal loans in the average amount of $4,641 |
Boston College | 27 | 101 | MS in Finance, MBA Dual Degree Finance | 44% of students are awarded grants or scholarships on average of $44,700. 39% of students are awarded federal loans in the average amount of $3,997 |
Northeastern University | 18 | 87 | MS in Finance, MBA Dual Degree Finance | 75% of students are awarded grants or scholarships on average of $34,094. 38% of students are awarded federal loans in the average amount of $5,224 |
Southern Methodist University | 47 | 86 | MS in Finance | 80% of students are awarded grants or scholarships on average of $34,084. 21% of students are awarded federal loans in the average amount of $5,275 |
Southern New Hampshire University | 88 | 86 | MS in Accounting Finance, MS in Corporate Finance, MS in Investment Finance | 71% of students are awarded grants or scholarships on average of $10,243. 65% of students are awarded federal loans in the average amount of $5,482 |
Florida International University | 58 | 84 | MS in Finance | 88% of students are awarded grants or scholarships on average of $10,160. 18% of students are awarded federal loans in the average amount of $5,485 |
Webster University | 57 | 83 | MS in Finance | 96% of students are awarded grants or scholarships on average of $20,162. 59% of students are awarded federal loans in the average amount of $5,499 |
University of Maryland-College Park | 44 | 75 | Master of Finance, | 48% of students are awarded grants or scholarships on average of $9,388. 29% of students are awarded federal loans in the average amount of $5,178 |
University of South Florida-Main Campus | 48 | 72 | MS in Finance | 89% of students are awarded grants or scholarships on average of $11,016. 29% of students are awarded federal loans in the average amount of $6,383 |
Georgetown University | 14 | 70 | MS in Finance | 45% of students are awarded grants or scholarships on average of $45,398. 26% of students are awarded federal loans in the average amount of $3,573 |
West Texas A & M University | 69 | 70 | MS in Finance and Economics | 84% of students are awarded grants or scholarships on average of $8,467. 50% of students are awarded federal loans in the average amount of $5,986 |
Universidad Ana G. Mendez-Cupey Campus | 40-50 | 69 | Masters in Finance | 100% of students are awarded grants or scholarships on average of $6,587. 31% of students are awarded federal loans in the average amount of $3,181 |
Illinois Institute of Technology | 60 | 62 | MS in Finance, JD in Financial Law Services, MAS in Mathematical Finance | 100% of students are awarded grants or scholarships on average of $36,960. 50% of students are awarded federal loans in the average amount of $5,453 |
Hofstra University | 69 | 59 | MS in Finance | 97% of students are awarded grants or scholarships on average of $27,334. 49% of students are awarded federal loans in the average amount of $5,370 |
Pace University | 79 | 56 | MBA in Corporate Finance, MS in Financial Management, MS in Financial Risk Management | 97% of students are awarded grants or scholarships on average of $30,155. 60% of students are awarded federal loans in the average amount of $5,678 |
Vanderbilt University | 9 | 53 | MS in Finance | 63% of students are awarded grants or scholarships on average of $44,291. 11% of students are awarded federal loans in the average amount of $4,886 |
Potential Masters in Finance Careers
A masters in finance might hone skills applicable to a variety of finance professional careers within the broader finance umbrella. In many cases, positions might require at least a bachelor’s degree. Other prerequisites may include experience and relevant certification. But many employers may prefer candidates who have earned masters level education in hiring and advancement.
Here are a few careers you might consider, along with median salary data from 2021.
- Financial Analysts: $95,570 per the BLS
- Financial Managers: $131,710 per the BLS
- Securities, Commodities, and Financial Services Sales Agents: $64,770 per the BLS
- Financial Examiners: $93,260 per the BLS
- Personal Financial Advisors: $89,330 per the BLS
- Top Executives: $94,170 per the BLS
State | Employment | Annual Mean Wage |
---|---|---|
California | 72,100 | $135,460 |
New York | 40,570 | $190,260 |
Illinois | 37,310 | $117,830 |
Texas | 32,480 | $131,440 |
Massachusetts | 30,610 | $123,950 |
Metro Area | Annual Mean Salary | Employment |
---|---|---|
New York-Newark-Jersey City, NY-NJ-PA | $187,780 | 50,090 |
Bridgeport-Stamford-Norwalk, CT | $164,570 | 6,590 |
San Francisco-Oakland-Hayward, CA | $159,660 | 14,660 |
San Jose-Sunnyvale-Santa Clara, CA | $157,690 | 6,580 |
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $150,090 | 11,540 |
Remember that these and other positions may have different requirements related to education, credentials, and experience. Other careers that may be an option with your graduate degree may include a chartered financial analyst or other career goals from your finance concentration. Additionally, salary data may vary by location, position, employer, and year. For more information, reach out to your selected program or your school’s career advisement team.
Search for Online Masters in Finance Degree Programs
Are you ready to start your search for online masters in finance programs? Gradschools.com has collected a number of listings you may be interested in. If you’re looking for a certain concentration, you can select it using the menu. Then start reading up on sponsored listings. If you find one you think you might like, click on the program name to learn more. When you’re ready, you can get in touch for more details!
GradSchools.com offers 44 Graduate Schools with Masters in Finance Online Programs
National University
Wake Forest University
The University of Arizona Global Campus
Grand Canyon University
Colorado State University Global
Loyola University Maryland
College for Financial Planning
American College, The
Oklahoma State University
Kansas State University
Illinois Institute of Technology
Bentley University