Doctor’s Degrees in Finance & Financial Management
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Education Levels of Finance Majors
In 2020-2021, 43 earned their doctor's degree in finance. This earns it the #154 spot on the list of the most popular doctor'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 |
|---|---|
| Master’s Degree | 4,544 |
| Graduate Certificate | 1,197 |
| Doctor’s Degree | 43 |
Earnings of Finance Majors With Doctor’s Degrees
The median salary for graduates holding a doctor's degree in finance is $89,269. 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. To get a better picture, earnings for this category of people can range from a low of $89,269 to a high of $89,269.
Student Debt
The data on debt ranges for finance majors who have their doctor's degree is not available.
Student Diversity
More men than women pursue doctor's degrees in finance. About 67.4% of graduates in this field are male.
| Gender | Number of Grads |
|---|---|
| Men | 29 |
| Women | 14 |
The racial-ethnic distribution of finance doctor’s degree students is as follows:
| Race/Ethnicity | Number of Grads |
|---|---|
| Asian | 0 |
| Black or African American | 4 |
| Hispanic or Latino | 2 |
| White | 14 |
| International Students | 17 |
| Other Races/Ethnicities | 6 |
Most Popular Finance Programs for Doctor’s Degrees
There are 20 colleges that offer a doctor’s degree in finance. Learn more about the most popular 20 below:
Kansas State University tops the list of the most popular school in the U.S. for finance majors who are seeking their doctor's degree. Roughly 20,800 attend the school each year. The average in-state tuition for full-time undergraduates is $9,489 per year, while in-state graduate students, on average, pay $10,294 per year. The finance program at Kansas State University awarded 7 doctor's degrees during the 2020-2021 school year. Of these students, 43% were women and 14% were members of underrepresented racial-ethnic groups.
Texas Tech University comes in at #2 on our list of the most popular colleges offering doctor's degrees in finance. Each year, around 40,300 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $8,935 per year, while in-state graduate students, on average, pay $6,956 per year. The finance program at Texas Tech University awarded 5 doctor's degrees during the 2020-2021 school year. Of these students, 40% were women and 40% were members of underrepresented racial-ethnic groups.
The 2nd most popular school in the country for finance majors who are seeking their doctor's degree is American College of Financial Services. Each year, around 5,700 students seeking various degrees attend the university. For the 2020-2021 academic year, 5 doctor's degrees were handed out to finance majors at The American College.
Boston College comes in at #2 on our list of the most popular colleges offering doctor's degrees in finance. Roughly 14,900 attend the school each year. The average in-state tuition for full-time undergraduates is $60,530 per year, while in-state graduate students, on average, pay $32,616 per year. For the 2020-2021 academic year, 5 doctor's degrees were handed out to finance majors at Boston College.
Capella University comes in at #2 on our list of the most popular colleges offering doctor's degrees in finance. Each year, around 38,900 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $14,148 per year, while in-state graduate students, on average, pay $14,784 per year. The finance program at Capella University awarded 5 doctor's degrees during the 2020-2021 school year. Of these students, 40% were women and 40% were members of underrepresented racial-ethnic groups.
Northwestern University is the 6th most popular school in the nation for students seeking a doctor's degree in finance. Roughly 22,600 attend the school each year. The average in-state tuition for full-time undergraduates is $60,276 per year, while in-state graduate students, on average, pay $56,067 per year. The finance program at Northwestern University awarded 4 doctor's degrees during the 2020-2021 school year.
The 7th most popular school in the country for finance majors who are seeking their doctor's degree is Washington State University. Each year, around 31,100 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $10,457 per year, while in-state graduate students, on average, pay $12,076 per year. For the 2020-2021 academic year, 3 doctor's degrees were handed out to finance majors at Wazzu.
University of Pennsylvania comes in at #8 on our list of the most popular colleges offering doctor's degrees in finance. 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, 2 doctor's degrees were handed out to finance majors at UPenn.
The 8th most popular school in the country for finance majors who are seeking their doctor's degree is Inter American University of Puerto Rico - Metro. Each year, around 6,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $4,560 per year, while in-state graduate students, on average, pay $3,870 per year. The finance program at Inter American University of Puerto Rico - Metro awarded 2 doctor's degrees during the 2020-2021 school year. Around 100% of these students were from an underrepresented racial-ethnic group, and 50% were women.
University of Connecticut is the 8th most popular school in the nation for students seeking a doctor's degree in finance. Each year, around 27,200 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $15,030 per year, while in-state graduate students, on average, pay $17,532 per year. The finance program at University of Connecticut awarded 2 doctor's degrees during the 2020-2021 school year.
The 11th most popular school in the country for finance majors who are seeking their doctor's degree is Georgia State University. The average in-state tuition for full-time undergraduates is $7,158 per year, while in-state graduate students, on average, pay $7,164 per year. The finance program at Georgia State University awarded 1 doctor's degrees during the 2020-2021 school year.
The 11th most popular school in the country for finance majors who are seeking their doctor's degree is The University of Texas at San Antonio. The average in-state tuition for full-time undergraduates is $6,237 per year, while in-state graduate students, on average, pay $7,056 per year. The finance program at The University of Texas at San Antonio awarded 1 doctor's degrees during the 2020-2021 school year.
The University of Alabama is the 11th most popular school in the nation for students seeking a doctor's degree in finance. The average in-state tuition for full-time undergraduates is $10,780 per year, while in-state graduate students, on average, pay $10,780 per year. The finance program at The University of Alabama awarded 1 doctor's degrees during the 2020-2021 school year.
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Related Majors
Below are some popular majors that are similar to finance that offer doctor’s degrees.
| Major | Annual Degrees Awarded |
|---|---|
| Business Administration & Management | 2,764 |
| Human Resource Management | 278 |
| Business & Commerce | 247 |
| Management Sciences & Methods | 127 |
| Other Business & Marketing | 59 |
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.
- College Factual
- National Center for Education Statistics
- O*NET Online
- Bureau of Labor Statistics
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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