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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 colleges and univerities across the nation that offer a master's degree in finance. 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, 31.0% of finance graduates were international students.

Education Levels of Finance Majors

In 2020-2021, 4,544 master's degrees were awarded to finance majors. This makes it the 42nd 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
Master’s Degree 4,544
Graduate Certificate 1,197
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. However, this can depend on a number of factors, such as where you live and the number of years experience you have. 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

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 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. 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
215 Yearly Graduations
42% 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. 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. For the 2020-2021 academic year, 215 master's degrees were handed out to finance majors at Boston U. Of these students, 42% were women and 8% were members of underrepresented racial-ethnic groups.

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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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

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. 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. 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.

#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. 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. 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.

#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. 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. 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

Stony Brook University

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

Stony Brook University comes in at #13 on our list of the most popular colleges offering master's degrees in finance. 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. For the 2020-2021 academic year, 71 master's degrees were handed out to finance majors at SUNY Stony Brook. Of these students, 34% were women and 27% 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*

Washington University in St Louis comes in at #14 on our list of the most popular colleges offering master's degrees in finance. 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. 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
68 Yearly Graduations
32% Women
19% Racial-Ethnic Minorities*

Bentley University comes in at #14 on our list of the most popular colleges offering master's degrees in finance. 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. During the 2020-2021 academic year, 68 people received their master's degree in finance from Bentley. Around 19% of these students were from an underrepresented racial-ethnic group, and 32% were women.

#16

University of Toledo

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

University of Toledo comes in at #16 on our list of the most popular colleges offering master's degrees in finance. 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. 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.

#17

Webster University

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

Webster University comes in at #17 on our list of the most popular colleges offering master's degrees in finance. 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. 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.

#18

Saint Joseph's University

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

The 18th most popular school in the country for finance majors who are seeking their master's degree is Saint Joseph's University. 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. The finance program at Saint Joseph's University awarded 55 master's degrees during the 2020-2021 school year. About 29% of this group were women, and 11% were students from an underrepresented racial-ethnic group.

#19

Universidad Metropolitana

San Juan, Puerto Rico
54 Yearly Graduations
56% Women

The 19th most popular school in the country for finance majors who are seeking their master's degree is Universidad Metropolitana. 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. 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

Johns Hopkins University

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

Johns Hopkins University is the 19th most popular school in the nation for students seeking a master's degree 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. 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.

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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