15 Best Online Master’s Degrees in Finance

This college ranking supplements our best value master's in finance ranking by focusing strictly on online and hybrid master's degrees in finance programs.

This ranking is based on a candidates list of just under 50 colleges listed in NCES.ed.gov as offering a "graduate" finance program in this topic (including master's, doctorate and/or graduate certificate).

Ranking Methodology

Factors for this ranking system of 15 of the best online master's degrees in finance programs are the same as for the "traditional" programs version (linked above) and are as follows:

  • In-state tuition — covers "affordability"
  • Grad student to student ratio — loosely covers the commitment the college has to grad students overall.
  • All distance education ratio — shows adaptation of grad students to distance programs, including online degrees.
  • Some distance education ratio — shows what ratio of grad students not in distance/ online education programs are at least taking distance courses (including online courses).

The ranking is weighted most heavily towards the affordability factor.

2018 Ranking

See our rankings methodology page.

1

Aspen University

In-state tuition: $5,850

Out-of-state tuition: $5,850

Website

When it comes to finding an online graduate degree in the finance field, it’d be hard to find a better school than Aspen University. This school confers the Master of Business Administration in Finance for working professionals who are interested in pursuing a degree but don’t have the time to go to traditional campus classes. This school is accredited by the DEASC.

The M.B.A. in Finance at Aspen is an exceptional program, taught by faculty members that have been trained to teach in online formats. Coupled with a strong curriculum that is adapted to show the current trends and challenges in the business world, Aspen graduates are well prepared to meet the needs of the finance industry once they’ve graduated from the program.

This degree is made of 36 credit hours, or 12 classes. This includes proctored exams, which need to be supervised, as well as a capstone project. Students can reasonably complete this degree in less than 18 months with full-time study; part-time study is also available. Sample courses include Global Corporate Finance, Managerial Accounting, and Innovative Finance and Venture Capital.

This finance degree was created for professionals, and as such does require pre-requisite courses and GMAT scores in order to be considered for the program. While the program does accept students without a business-related degree, students will be expected to take the pre-requisite courses prior to beginning the program.

type: private for-profit

#students: 2,145

#grads: 1,341 (100% take all online courses)

2

Columbia Southern University

In-state tuition: $4,950

Out-of-state tuition: $4,950

Website

Financial professionals will find Columbia Southern University to be a premier institution when it comes to online degrees. This school confers the Master of Business Administration in Finance. The university is regionally accredited by the MSCHE.

The online MBA has always been a popular program for working professionals, but it’s only been a recent development that a finance concentration that has been added to online programs. This is a great graduate degree for students who would like to have an advanced degree in finance but don’t want a specialized program.

The M.B.A. with the Finance concentration requires 36 credit hours and can be completed in three years with full-time study. There are no capstone projects or portfolios needed for this degree. Sample courses include International Economics, Corporate Finance, and International Finance.

This degree is available 100 percent online, making it a great choice for students who want to get a graduate degree in this field. Courses are taught in an asynchronous format, ensuring students can study when it is most convenient for them, and full-time and part-time study options are available.

Students will also find this school to be responsive to their needs. Tech support is available around the clock, and graduate students are paired with a faculty advisor for the duration of their degree plan. Along with an online library and bookstore, this school is the perfect choice for those who are looking for a strong M.B.A. program by a respected institution.

type: private for-profit

#students: 20,823

#grads: 5,671 (100% take all online courses)

3

Kaplan University-Maine Campus

In-state tuition: $7,680

Out-of-state tuition: $7,680

Website

Kaplan University’s Maine Campus has a large selection of business degrees that are geared towards financial professionals. It confers the Master of Science in Finance, a professional degree that will help students achieve their highest aspirations in the field. This school is regionally accredited by the NCACS THLC. The business college, where this degree is found, is also accredited by the ACBSP.

The M.S. in Finance comes with two concentrations that are designed for those interested in professional tracks. These include the Financial Analysis and the Financial Planning concentrations, both of which provide students with the necessary education in order to pursue these careers with valuable knowledge on those subjects. Students who are not interested in these specializations also have the ability to pursue a general degree that has a broad spectrum of electives, leaving them to form their own concentrations.

This degree requires a total of 56 credit hours, including a capstone and a portfolio project. This total includes the specializations. Sample courses include Statistical Methods of Decision Making, Income Tax Planning and Strategies, and Ethics for Financial Professionals.

type: private for-profit

#students: 986

#grads: 83 (99% take all online courses; 1% take some online courses)

4

University of Maryland-University College

In-state tuition: $8,244

Out-of-state tuition: $11,862

Website

The University of Maryland-University College confers the Master of Science in Accounting and Financial Management. This is an online finance degree that is focused on accounting and financial professionals who are interested in becoming certified in their field. This university is regionally accredited by the MSCHE.

An important feature of this program is the fact that a graduate with this degree may satisfy the academic requirements to sit for the CPA exam. This is will a great advantage for finance professionals who are interested in branching out to accounting and will be a great addition to any resume. Students are encouraged, however, to check to see the requirements for the examination in their state, as the program may not satisfy the academic requirements for all states.

The M.S. in Accounting and Financial Management requires 36 credit hours and a capstone project. Students may also be required to take some pre-requisite courses if they do not meet the base level education for graduate study in finance. Sample courses include Financial Decision Making for Managers, Investment Valuation, and Strategic Financial Management.

Like other online institutions, this degree is a rigorous and comprehensive curriculum and therefore requires students to complete certain courses prior to advancing to another course. This sequenced format ensures that all students have an understanding of each concept prior to graduating.

type: public

#students: 50,248

#grads: 12,893 (91% take all online courses; 5% take some online courses)

5

Colorado State University-Global Campus

In-state tuition: $9,000

Out-of-state tuition: $9,000

Website

Colorado State University is well known for its internet portal, which is known as Global Campus. It is here that students can find the Master of Finance, a degree that was designed for working students to become prepared as a financial professional. This university is regionally accredited by the NCACS THLC.

One of the best features of this program is that it comes with 15 different specializations. This includes everything from Accounting and Project Management to Business Intelligence and Fraud Management. These specializations allow students the chance to pursue advanced professional opportunities within the fields listed.

The M.S. in Finance requires 36 credit hours, or 12 courses, for graduation. A capstone project is also mandatory for all students, regardless of any specialization that they choose. Sample courses include Derivatives and Assets Pricing, Effective Organizations—Theory and Practices, and Investments.

While online courses may be a lonely experience, CSU refutes that by offering students the chance to connect with each other and instructors through online forums, Google Hangouts, and access to study groups through Skype. And students won’t be stuck in traditional semesters either; courses are also delivered via asynchronous format and in eight-week courses, ensuring that students are kept on track to finish their degree in the quickest time possible.

type: public

#students: 9,838

#grads: 2,643 (100% take all online courses)

6

Charleston Southern University

In-state tuition: $7,500

Out-of-state tuition: $7,500

Website

Students often sing the praises of Charleston Southern University. This institution confers the Master of Business Administration with a Finance specialization. The university is regionally accredited by the SACS COC. The business programs are independently accredited by the ACBSP.

Like many other accredited online colleges that confer graduate business degrees, CSU does have requirements for M.B.A. admission. Students will be required to submit GMAT scores unless the school waives that requirement due to that student’s work and professional experience. Students may also be required to take on prerequisite courses in the event they do not meet the base level business education needed to pursue the degree.

CSU requires that students complete 33 credit hours of course work. Students who apply for the finance specialization will be pleased to know that this includes the specialization requirements. Sample courses include Macroeconomic Policy in a Global Economy, International Finance and Monetary Policy, and Financial Statement Analysis.

Working professionals who study at CSU are giving every opportunity to complete their master’s degree in a reasonable length of time. Online courses are designed in an asynchronous format, which leaves students free to choose when they participate in class. Courses are also small and therefore give students the chance to build intimate relationships with their instructors and classmates. This is the perfect school for students who wish to finish their degree in less than two years.

type: private nonprofit

#students: 3,621

#grads: 440 (76% take all online courses; 10% take some online courses)

7

Walden University

In-state tuition: $11,895

Out-of-state tuition: $11,895

Website

Walden University has a reputation for meeting and exceeding all expectations when it comes to online education, specifically a graduate online finance degree. To that end, the school confers an online Master of Science in Finance, a degree specifically designed for finance professionals. This school holds regional accreditation from the NCACS THLC.

The Master of Science in Finance comes with three industry-specific concentrations. These include pathways to becoming certified as a financial planner and as a financial analyst. The third pathway is for finance professionals who are pursuing a graduate degree that needs a self-designed course of study.

This program requires 30 credit hours, which includes specific projects for each of the pathways. This degree, no matter which pathway is chosen, take as little as 20 months to complete with full-time study. Courses include Investment Theory and Portfolio Management, Advanced Managerial Finance, and Analysis and Communication for the Financial Professional.

type: private for-profit

#students: 52,799

#grads: 44,560 (100% take all online courses)

8

University of the Southwest

In-state tuition: $12,528

Out-of-state tuition: $12,528

Website

The University of the Southwest is a premier private institution that believes in online education. It confers the online Master of Business Administration with a specialization in Finance. This university is regionally accredited by the NCACS THLC.

USW is among the best cheap online colleges in the country, with the school’s tuition covering everything from technical fees and courses to textbooks and even a brand new laptop for each student. It is also one of the most inclusive M.B.A. programs because it accepts all students with an undergraduate degree, regardless if it’s a business-related degree or not.

The school also accepts transfer credits as well as professional, military, and work experience. A student who uses their prior experiences to help with their degree can finish in as little as one year, making the timetable to getting their degree that much faster.

The M.B.A. in Finance at USW requires 36 credit hours for completion. Courses adhere to the eight-week term schedule structure, with most courses being available every term. There are also no capstone projects or internships required for this degree. Sample courses include Financial Reporting, Small Business Finance, and Financial Planning and Investment Analysis.

type: private nonprofit

#students: 1,059

#grads: 613 (100% take all online courses)

9

Capella University

In-state tuition: $14,175

Out-of-state tuition: $14,175

Website

Capella University is one of the first institutions people think of when getting an online graduate degree. It is also where students come to earn the school’s renown Master of Business Administration with a specialization in Finance. This university is regionally accredited by the NCACS THLC. The online program had independent accreditation from the ACBSP.

Accreditation is important when it comes to the M.B.A. degree. This shows potential employers that a student has successfully completed a course of education that meets the high standards of this accrediting body. It’s also a valuable tool when graduates begin looking for a promotion in their current place of employment or when they decide to look for a new job altogether.

This degree requires 48 total quarter credit hours for completion. A capstone project is also mandatory. Sample finance courses include Financial Markets and Institutions, International Financial management, and Corporate Finance Analysis and Decisions.

Studying at Capella means having a flexible study schedule. Courses are taught in an asynchronous format and in six-week terms. Students often take two courses per quarter, resulting in 12-week terms that can see them finish in less than three years with part-time study. Studying part-time is recommended for online students because most graduates are working full-time jobs or have other responsibilities, and taking just two courses per quarter term ensures that they see the degree through to completion.

type: private for-profit

#students: 34,365

#grads: 26,530 (100% take all online courses)

10

Gardner-Webb University

In-state tuition: $7,380

Out-of-state tuition: $7,380

Website

Gardner-Webb University is one of the best cheap online colleges in the country. It confers the Master of Business Administration with a specialization in Banking and Finance 100 percent online. This university is regionally accredited by the NCACS THLC.

This online degree in finance is a good choice for working professionals who have careers in the business world but would like to specialize in finance. The program is available wholly online, with no on-campus residency requirements, making it a great choice for students all over the country who want an accredited online graduate degree.

This degree requires a total of 36 semester hours as well as a capstone project in strategic management. The finance specialization is six credit hours in total. Sample courses include Intermediate Microeconomics, Bank Management, and Money and Banking.

Courses at Gardner-Webb are taught in an asynchronous format, enabling students to create a study schedule that can work around their needs. And because the school offers a full suite of online support services, students will always have the help they need in order to graduate on time.

type: private nonprofit

#students: 4,329

#grads: 1,693 (35% take all online courses; 17% take some online courses)

11

Strayer University-West Virginia

In-state tuition: $13,590

Out-of-state tuition: $13,590

Website

Strayer University has a 120-year history, which includes being currently accredited by the Middle States Commission on Higher Education (MSCHE). Students can take advantage of getting help from their academic advisors and success coaches.

Students seeking a Finance program at the master’s level can take it as one of a dozen concentrations of Strayer’s online MBA program. Strayer claims that this program “costs up to 17.5% less” than similar graduate progarams offered by other colleges such as DeVry, University of Phoenix and Kaplan University. Delivery options include online, hybrid or on-campus. Online students can study from their preferred location (such as at home), or even at one of 76 campuses across the USA – 10 of which are in the Washington, DC, area alone).

The finance concentration can lead to careers that involve developing finance strategies in global markets, evaluation of capital investments, application of analytical techniques for investments, executive roles and more. There are 12 courses in the curriculum, which mixes typical MBA topics with finance topics. Sample concentration courses include International Finance, Advanced Corporate Finance, and Corporate Investment Analysis.

Some qualifying students may be awarded credit for a variety of previous relevant experience, including: professional certifications/ licenses; university/ college courses from outside Strayer; corporate training; military experience; or the passing of select national exams.

type: private for-profit

#students: 208

#grads: 43 (100% take all online courses)

12

Brenau University

In-state tuition: $8,964

Out-of-state tuition: $8,964

Website

Brenau University’s business school is one of the best in the country and it’s currently expanding its offerings online. Students can find the Master of Business Administration in Finance at this school. This university is regionally accredited by the SACS COC. The degree is independently accredited by the ACBSP.

For students interested in earning an accredited graduate degree in finance, Brenau is one of the best online colleges to look at. With a world-renown faculty and a variety of flexible options, students will be able to graduate on time and stress-free.

This degree is made up of 15 courses that amount to 45 credit hours in total. Courses are often taken one or two at a time and students can choose to begin at any of one of the six start times the school offers. Sample courses include Financial Management, Corporate Risk Management, and Entrepreneurial Finance.

Brenau prides itself in providing students with every opportunity to finish their degrees. With eight-week terms and courses delivered in an asynchronous format, busy students can schedule their education around their other possibilities. This provides a solid foundation for a fast and convenient way to gain a graduate degree in the financial field.

type: private nonprofit

#students: 2,883

#grads: 1,311 (47% take all online courses; 9% take some online courses)

13

National University

In-state tuition: $10,962

Out-of-state tuition: $10,962

Website

Financial professionals have long been coming to National University for all of their graduate needs. That’s why this school offers the Master of Business Administration with a specialization in Financial Management for its students. This school holds regional accreditation by the WASC SCUC.

This online finance degree was created to meet the demands of the business and financial world. Therefore, students can rest assured that the program is updated annually to reflect the changes and challenges that the industry is currently facing. This is important for working students who already have a career in the environment as will keep them updated on the business industry cycles, allowing them to be prepared to adapt at a moment’s notice.

Courses at National University may be delivered in the asynchronous or synchronous format. Because the course will determine what format is chosen, students are encouraged to double-check the requirements for a course prior to signing up for it. This way, a student’s schedule is always flexible enough to work around their needs.

The M.B.A. with a specialization in Financial Management requires 76.5 quarter units. This includes a finance research project as well as a mandatory seminar. Sample courses include Security Analysis and Portfolio, Managing Financial Institutions, and Topics in Financial Management.

type: private nonprofit

#students: 17,488

#grads: 8,638 (58% take all online courses; 8% take some online courses)

14

University of Houston at Clear Lake

In-state tuition: $6,372

Out-of-state tuition: $13,788

Website

The University of Houston at Clearlake is a favorite among financial students. Not only is the university located in a hub of financial trade in the South, it is also home to one of the best Master of Science in Finance degree programs in the country. This university is regionally accredited by the SACS COC.

UHCL online students are treated to the same outstanding faculty as students who take this degree on-campus. Nearly every single instructor who teaches online carries a terminal degree in their particular field and have real-world experience in finance. Additionally, students can be well assured that all courses are taught by professors; no finance course is ever taught by graduate assistants.

The Master of Science in Finance has a total of 30 credit hours needed in order for a student to apply for graduation. There is also a Health Care Administration concentration within the degree that requires 36 credit hours. An internship is optional but not required for graduation. Sample courses include Options and Futures, Investment Management, and International Banking.

type: public

#students: 8,906

#grads: 3,479 (11% take all online courses; 26% take some online courses)

15

Davenport University

In-state tuition: $12,330

Out-of-state tuition: $12,330

Website

Davenport University is one of the best institutions in the country for students who would like to earn an online MBA. This school confers the Master of Business Administration with an emphasis in Finance, a degree that is particularly suited for working professionals in that field. This university is regionally accredited by the NCACS THLC. The business school and its online programs have further accreditation from the IACBE.

There are three different MBA programs for students, all of which can be completed online. The finance concentration, however, can only be found under the MBA which requires 39 credits. This is because it is the only M.B.A. degree conferred online by the university that has these concentrations built into the requirements.

The M.B.A. with a Finance emphasis requires a total of 39 credit hours for graduation. While they are not required, online students do have access to study abroad and internship options. Sample finance courses include Quantitative Business Analysis, Corporate Finance, and International Financial Strategies.

This is a great school for working professionals who like flexibility in their education. Davenport offers students the ability to earn credit for prior education or work experience, which shortens their time to completion of the degree; six term starts a year; and a seven-week accelerated term schedule. And with the added option of choosing when to participate in asynchronous courses, students will never feel like they are falling behind in their degree plan.

type: private nonprofit

#students: 8,142

#grads: 1,990 (74% take all online courses; 5% take some online courses)