Most Affordable Online Master’s In Finance Degrees

An online master's in finance can help you grow your current career, or kickstart a new one in this rapidly growing industry.

Updated September 8, 2022

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Most Affordable Online Master’s In Finance Degrees

Are you ready to find your fit?

An online master's in finance can help you grow your current career, or kickstart a new one in this rapidly growing industry.

The US Bureau of Labor Statistics projects a 19% growth rate in employment for financial managers by 2026, much faster rate than the national average, making right now a great time to earn your graduate degree in the field. An online master's in finance can help you grow your current career, or kickstart a new one in this rapidly growing industry. These online programs provide the same coursework and learning experiences from their on-campus counterparts, often with the added flexibility of setting your own pace for earning your degree. Although many programs require a bachelor's degree in a related field, some programs allow students from outside the discipline to take necessary prerequisite courses as part of their master's degree. With such a wide variety of options out there for earning your online master's in finance, this guide will provide you with examples of some of the best ranked programs available.

Best Online Master's in Finance Degrees

See our rankings methodology page.

#1 Most Affordable Online Master’s In Finance Degrees

Harvard University

  • Cambridge, MA
  • 4 years
  • Campus

Harvard University, a private college, offers graduate programs in different fields from its Cambridge, Massachusetts, campus. The master's in finance is an option for students interested in the finance field.

The program's adaptability appeals to learners who need flexibility. Caretakers, workers, and other busy enrollees may find it easy to work this master’s degree into their schedules. The program blends academic rigor and flexibility that strongly prepares degree candidates for advanced positions in their field.

According to the latest data, the school accepts about 5% of applicants each year, but that may vary by program. Master's degree-seekers usually need a bachelor's degree in the major or a related one to receive consideration. Contact the program website for application details, such as how to submit transcripts and recommendation letters.

Average Tuition
In-state
$47,730
Out-of-state
$47,730
Retention Rate
97%
Admission Rate
5%
Students Enrolled
31,655
Institution Type
Private
Percent Online Enrollment
18% Percentage of all students who are enrolled online.
Accreditation
Yes New England Commission on Higher Education

#2 Most Affordable Online Master’s In Finance Degrees

Johns Hopkins University

  • Baltimore, MD
  • 4 years
  • Online + Campus

Degree-seekers can choose from a variety of online graduate degrees at Johns Hopkins University. A notable option is the master of science in finance developed for learners with a bachelor’s in finance or a related field. The graduate program provides advanced training in a format friendly to those who work or must manage other obligations.

Degree candidates benefit from the program's 6-to-1 student-to-teacher ratio. Learners complete specialized coursework and training focusing on advanced ideas and practices in finance. Graduates leave the program well-prepared for careers in academia, business and industry, or a doctoral program in some cases.

Tuition costs $55,350 annually. Qualifying enrollees can pursue financial aid options like grants and scholarships. Learners can also take out student loans, with about 29% of enrollees using them to finance all or part of their degree.

Average Tuition
In-state
$55,350
Out-of-state
$55,350
Retention Rate
97%
Admission Rate
11%
Students Enrolled
27,079
Institution Type
Private
Percent Online Enrollment
46% Percentage of all students who are enrolled online.
Accreditation
Yes Middle States Commission on Higher Education

#3 Most Affordable Online Master’s In Finance Degrees

University of Washington-Seattle Campus

  • Seattle, WA
  • 4 years
  • Online + Campus

University of Washington-Seattle Campus provides students with an online master of science in computational finance and risk management that ranks highly among similar degrees. Learners pursue this degree to build on prior knowledge attained in a bachelor’s. Degree-holders can pursue a doctorate later on if they choose.

The program's convenient online format appeals to many degree-seekers. Working students and those with pressing family obligations appreciate the program's flexibility. Enrollees move through the program with faculty support, assistance such as career advising, and the ability to tailor the educational experience to their career aspirations.

The application requirements include a bachelor’s degree, unless the program states otherwise. About 52% of applicants get accepted to this school on average, but applicants may find that programs post different averages. Washington students pay about $18,198 per year for tuition. Degree-seekers can use grants, loans, and scholarships to help fund their education.

Average Tuition
In-state
$10,370
Out-of-state
$37,071
Retention Rate
95%
Admission Rate
52%
Students Enrolled
47,576
Institution Type
Public
Percent Online Enrollment
8% Percentage of all students who are enrolled online.
Accreditation
Yes Northwest Commission on Colleges and Universities

#4 Most Affordable Online Master’s In Finance Degrees

Indiana University-Bloomington

  • Bloomington, IN
  • 4 years
  • Online + Campus

Indiana University-Bloomington delivers one of the nation’s top-ranked online master's in finance programs to students around the country. The master’s degree equips enrollees with advanced training valued by employers in their profession. Those who complete the master's in finance degree can also choose to pursue a terminal degree, such as a Ph.D.

The program features a convenient online format that many learners appreciate. Degree candidates can manage other aspects of their lives without sacrificing their education. Enrollees also benefit from a learning environment that is student-focused, thereby giving them the attention they need for academic success.

The application requirements include a bachelor’s degree, unless the program states otherwise. Prospective enrollees get accepted at a rate of 78%. Indiana students pay $9,501 per year in tuition.  Grants, loans, and scholarships are popular funding streams for those who qualify.

Average Tuition
In-state
$9,575
Out-of-state
$35,140
Retention Rate
90%
Admission Rate
78%
Students Enrolled
43,260
Institution Type
Public
Percent Online Enrollment
19% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

#5 Most Affordable Online Master’s In Finance Degrees

Pennsylvania State University-World Campus

  • University Park, PA
  • 4 years
  • Online

University Park-based Pennsylvania State University-World Campus is a public college. The institution’s 52 online master's degrees appeal to learners who want to attend graduate school online. One of these is the master of finance.

Degree-seekers who need flexibility appreciate the program's adaptability. Recorded video sessions may be available to allow anytime viewing, and faculty may let enrollees complete coursework at their own pace within a given timeframe. Learners receive the rigorous academic preparation they expect without sacrificing quality.

Applicants receive admittance at a rate of 76% per year, but some programs may vary. Master's degree-seekers usually need a bachelor's degree in the major or a related one to receive consideration. To learn more, contact the program about application requirements.

Average Tuition
In-state
$13,484
Out-of-state
$13,484
Retention Rate
Not provided
Admission Rate
76%
Students Enrolled
Not provided
Institution Type
Public
Percent Online Enrollment
Not provided
Accreditation
Yes Middle States Commission on Higher Education

#6 Most Affordable Online Master’s In Finance Degrees

Boston University

  • Boston, MA
  • 4 years
  • Online + Campus

Boston University’s academic catalog includes rigorous graduate education available online. Learners with a bachelor's degree in finance may find the master of science in financial management of particular interest. The program blends academic rigor and online course delivery that is flexible and affordable.

Degree candidates receive more individualized attention with a 10-to-1 student-to-teacher ratio. The program features a rigorous curriculum delivered by finance experts. It prepares graduates with the academic training necessary to succeed in a competitive workforce or a doctoral program.

Making tuition competitive is a school priority. The institution charges an average of $54,720 annually. Many degree-seekers qualify for financial aid such as grants and scholarships from the school and third parties. When you add in student loans, used by about 31% of enrollees, there are plenty of ways to finance all or part of a program.

Average Tuition
In-state
$54,720
Out-of-state
$54,720
Retention Rate
94%
Admission Rate
19%
Students Enrolled
33,720
Institution Type
Private
Percent Online Enrollment
10% Percentage of all students who are enrolled online.
Accreditation
Yes New England Commission on Higher Education

#7 Most Affordable Online Master’s In Finance Degrees

Auburn University

  • Auburn, AL
  • 4 years
  • Online + Campus

Prospective graduate students should consider Auburn University for flexible programs that allow them to earn an advanced degree while they work. Though located in Auburn, Alabama, the school offers 20 online master's degrees, including a master of science in finance. The program’s appeal includes a flexible online format that allows degree-seekers to work and pursue other interests.

Applicants typically need a bachelor's or equivalent in the same or a similar field. The program provides advanced preparation through an intensive curriculum that may involve research opportunities and other hands-on experience. Preparation for a doctoral program is another benefit of this degree.

Tuition differs depending on residency status, with Alabama learners paying an average $9,828 per year. Out-of-state students pay $29,484. Many learners receive grants and scholarships, both from the school and outside sources, to help finance their degrees. Degree-seekers can also use loans to help pay for tuition.

Average Tuition
In-state
$9,816
Out-of-state
$29,448
Retention Rate
91%
Admission Rate
81%
Students Enrolled
30,460
Institution Type
Public
Percent Online Enrollment
27% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

#8 Most Affordable Online Master’s In Finance Degrees

Georgetown University

  • Washington, DC
  • 4 years
  • Online + Campus

Georgetown University is a private college located in Washington, District of Columbia, with a strong catalog of academic programs and a learning experience tailored to meet students’ needs. The institution’s seven online master's degrees appeal to degree-seekers who want to study from wherever they live. Among the options is the master of science in finance.

Logistics is no barrier to earning this degree, which was designed with adaptability and flexibility in mind. Learners can watch video recordings and complete coursework in the evenings, weekends, and at other convenient times. The program provides this opportunity without sacrificing the rigor that prepares students for higher-level work and further education.

Though this number can vary between programs, applicants get admitted at a rate of 14% each year. It’s typical for degree-seekers to need a bachelor's in the major or a related one to apply to a master’s program. Contact the program department or admissions to determine entrance and application requirements like transcripts and recommendation letters.

Average Tuition
In-state
$55,440
Out-of-state
$55,440
Retention Rate
97%
Admission Rate
14%
Students Enrolled
19,593
Institution Type
Private
Percent Online Enrollment
15% Percentage of all students who are enrolled online.
Accreditation
Yes Middle States Commission on Higher Education

#9 Most Affordable Online Master’s In Finance Degrees

Creighton University

  • Omaha, NE
  • 4 years
  • Online + Campus

Prospective graduate students can earn a master of finance degree at Creighton University, an institution known for developing flexible graduate programs. At the school’s location in Omaha, Nebraska, faculty deliver 12 online master's degrees such as the master of finance. The program's flexibility appeals to learners who may have had challenges pursuing graduate education because of their busy schedules.

Applicants need a bachelor’s degree in the major or a related one unless otherwise stated on the program or admissions website. A master’s degree can pay off with advanced job opportunities and potentially higher pay. The program also provides the foundational knowledge for a Ph.D.

The school keeps tuition competitive, charging $16,128 per year in tuition. Learners can contact the financial aid department to find out more about if they qualify for grants and scholarships. Many students may also want to consider loans as an option to afford tuition.

Average Tuition
In-state
$39,630
Out-of-state
$39,630
Retention Rate
90%
Admission Rate
74%
Students Enrolled
8,821
Institution Type
Private
Percent Online Enrollment
38% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

#10 Most Affordable Online Master’s In Finance Degrees

University of Massachusetts-Lowell

  • Lowell, MA
  • 4 years
  • Online + Campus

University of Massachusetts-Lowell administers many quality online graduate programs. Graduates with a bachelor’s in finance may want to explore the top-ranked master of science in finance. This program successfully combines the rigor of graduate coursework with the flexibility of an online format.

Degree-seekers benefit from the program's 17-to-1 student-to-teacher ratio. The curriculum is steeped in advanced theoretical concepts and practices in finance. This higher-level academic preparation is a prerequisite for career advancement or a doctoral program in this field and related ones.

Making tuition competitive is a school priority. Massachusetts enrollees pay an average of $14,590 per year while out-of-state learners pay $26,370. The financial aid options available to qualifying students include grants and scholarships. Degree candidates can also explore financial aid, which is used by about 55% of the school’s enrollees, to fund their education.

Average Tuition
In-state
$15,078
Out-of-state
$33,004
Retention Rate
83%
Admission Rate
73%
Students Enrolled
18,352
Institution Type
Public
Percent Online Enrollment
32% Percentage of all students who are enrolled online.
Accreditation
Yes New England Commission on Higher Education

#11 Most Affordable Online Master’s In Finance Degrees

Northeastern University

  • Boston, MA
  • 4 years
  • Campus
Northeastern University’s academic catalog includes rigorous graduate education available online. One of these options is the master of science in finance for degree-holders with a bachelor’s in finance or a related field. This program successfully blends a rigorous curriculum and a flexible online format.

Students enrolled in the master of science in finance benefit from the school's 14-to-1 student-to-teacher ratio. Learners complete specialized coursework and training focused on advanced theoretical concepts and practices in finance. Obtaining this degree gives the holder an advantage in career advancement opportunities and higher pay negotiations.

Paying for college is a top issue and Massachusetts students can expect to pay $24,793 per year, and out-of-state students pay $24,793. The scholarships and grants available to many degree-seekers help them reduce the price of tuition.The comprehensive suite of financial aid options also include students loans, which about 33% of the school’s enrollees use to fund some or all of their education.

Average Tuition
In-state
$52,420
Out-of-state
$52,420
Retention Rate
99%
Admission Rate
18%
Students Enrolled
22,207
Institution Type
Private
Percent Online Enrollment
10% Percentage of all students who are enrolled online.
Accreditation
Yes New England Commission on Higher Education

#12 Most Affordable Online Master’s In Finance Degrees

University of Miami

  • Coral Gables, FL
  • 4 years
  • Online + Campus

University of Miami delivers one of the nation’s top-ranked master of science in finance to students around the country. Learners acquire advanced skills that employers want in middle- to high-level professionals. Master's degree-holders can also choose to pursue a terminal degree, such as a Ph.D.

The school’s online format appeals to students who have a lot to accomplish and need adaptability. Learners may want an advanced degree but have other concerns such as caregiving and employment, and this flexible degree supports those endeavors. Enrollees also like the fact that faculty serve as mentors, and they study in an environment that sees each learner’s potential.

The school typically requires that master’s degree-seekers hold a bachelor’s degree to apply. Though some programs post different averages, the school accepts about 27% of all who apply. Once accepted, degree candidates can explore financial aid options to help pay for tuition. Florida enrollees pay about $37,800 per year in tuition.

Average Tuition
In-state
$50,400
Out-of-state
$50,400
Retention Rate
93%
Admission Rate
27%
Students Enrolled
17,811
Institution Type
Private
Percent Online Enrollment
22% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

#13 Most Affordable Online Master’s In Finance Degrees

University of Michigan-Dearborn

  • Dearborn, MI
  • 4 years
  • Online + Campus

Degree-seekers can choose from a variety of online graduate degrees at the University of Michigan-Dearborn. The master of science in finance is an excellent choice for graduates with a bachelor’s in finance who want to advance their education. This program successfully combines the rigor of graduate coursework with the flexibility of an online format.

The school’s 16-to-1 student-to-teacher ratio provides personalized learning opportunities. Degree candidates acquire the advanced training employers want in potential hires knowledgeable about finance best practices. This degree positions graduates for career advancement and higher-paying roles.

Tuition depends on learners' state residency status. Michigan students pay $12,770 annually while those living out of state paying $22,750. The financial aid options available to qualifying students include grants and scholarships to help fund their master’s. They may also be directed to financial aid, which about 64% of the school’s enrollees use to pay for their education.

Average Tuition
In-state
$12,729
Out-of-state
$25,845
Retention Rate
81%
Admission Rate
62%
Students Enrolled
9,191
Institution Type
Public
Percent Online Enrollment
34% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

#14 Most Affordable Online Master’s In Finance Degrees

Colorado State University-System Office

  • Denver, CO
  • 4 years
  • Campus

Many students attend schools such as Colorado State University-System Office to earn degrees from a distance, and the public school develops programs with them in mind. Among the options is the master's in finance for learners in the finance field.

Graduate students can achieve their academic goals while attending to busy lives when they enroll. Caretakers, workers, and other busy enrollees appreciate the ability to schedule instruction and coursework in a way that works with their schedules. Candidates gain invaluable knowledge that employers value or they may use to enter a doctoral program.

Master's degree-seekers usually need a bachelor's degree in the same or a similar field in order to receive consideration. The department can tell you more about application requirements such as transcripts, interviews, and recommendation letters.

Average Tuition
In-state
Not provided
Out-of-state
Not provided
Retention Rate
Not provided
Admission Rate
Not provided
Students Enrolled
Not provided
Institution Type
Public
Percent Online Enrollment
Not provided
Accreditation
No

#15 Most Affordable Online Master’s In Finance Degrees

American University

  • Washington, DC
  • 4 years
  • Online + Campus

At American University, prospective finance graduate students receive advanced preparation in degrees designed for busy learners. Located in Washington, District of Columbia, the school offers a ranked online MBA in finance in its catalog of 16 online master's programs. Graduate education here is designed to be accessible for working people, including professionals and caregivers, who need flexible schedules.

Applicants should review the program page for more admissions information. Prospective enrollees typically need a bachelor’s to apply. Students complete a rigorous online curriculum that goes beyond what a bachelor's provides. In addition to enhancing career prospects, this program prepares degree recipients for a doctoral degree.

Tuition costs $30,351 annually. Many learners receive grants and scholarships, both from the school and outside sources, to help finance their degrees. Students can also explore loans from the government or private banks.

Average Tuition
In-state
$49,070
Out-of-state
$49,070
Retention Rate
87%
Admission Rate
36%
Students Enrolled
14,318
Institution Type
Private
Percent Online Enrollment
20% Percentage of all students who are enrolled online.
Accreditation
Yes Middle States Commission on Higher Education

#16 Most Affordable Online Master’s In Finance Degrees

University of Houston-Clear Lake

  • Houston, TX
  • 4 years
  • Online + Campus

Degree-seekers can pursue an online master's in finance from the University of Houston-Clear Lake that ranks highly among similar degrees. Learners pursue this degree to build on prior knowledge attained in a bachelor’s. The program lays the foundation for even more advanced education such as a doctorate.

Learners like the fact that this program’s format helps them more efficiently manage their time. This flexibility gives students more control over their schedules and makes it easier to juggle multiple priorities. Enrollees move through the program with faculty support, assistance such as career advising, and the ability to tailor the educational experience to their career aspirations.

Unless otherwise stated, applicants need a bachelor’s to apply to this program. The school accepts around 74% of all who apply, though different programs post different averages. Financial aid options such as loans and scholarships can help students pay for tuition, which costs $7,920 annually for Texas enrollees.

Average Tuition
In-state
$5,740
Out-of-state
$19,176
Retention Rate
80%
Admission Rate
74%
Students Enrolled
9,082
Institution Type
Public
Percent Online Enrollment
42% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

#17 Most Affordable Online Master’s In Finance Degrees

University of Colorado Denver/Anschutz Medical Campus

  • Denver, CO
  • 4 years
  • Online + Campus

The University of Colorado Denver/Anschutz Medical Campus is a public college with graduate programs in different fields. Degree-seekers interested in graduate programs they can pursue from a distance can choose from 16 master's degrees available online. One option is the master's in finance and risk management.

Graduate students can use online education such as this program to accomplish a goal that may otherwise seem unachievable because of logistical issues. Busy enrollees may gain access to recorded videos they can watch anytime. Learners can also complete their assignments within a reasonable timeframe as faculty allow. This online format allows faculty to seamlessly integrate academic rigor, advanced career preparation, and flexible scheduling.

While some variations exist, the rate of acceptance is 67% of applicants on average per year. Master's degree-seekers usually need a bachelor's degree in the same or a similar field in order to receive consideration. Contact the school to see how to apply to this program and submit the required documents.

Average Tuition
In-state
$7,920
Out-of-state
$24,408
Retention Rate
70%
Admission Rate
67%
Students Enrolled
24,910
Institution Type
Public
Percent Online Enrollment
31% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

#18 Most Affordable Online Master’s In Finance Degrees

Texas A&M University-Commerce

  • Commerce, TX
  • 4 years
  • Online + Campus

A public college, Texas A&M University-Commerce has a lot to offer. Students who need flexibility are drawn to the institution because of 26 master's degrees available online. Those interested in the finance field should explore the master of science in finance.

Online education's flexibility and adaptability make it an attractive choice for many graduate students. Professionals, caretakers, and other workers can schedule their studies on the evenings, weekends, and other convenient times. A key feature of online learning here is a blend of academic rigor and flexibility that strongly prepares enrollees for advanced positions in their field.

The school’s admissions statistics show that about 43% of applicants get in, with some variations across programs. For consideration, degree-seekers usually need the requisite background like a bachelor’s in the major or a related field. Contact the school for information on how to apply and submit the required documents.

Average Tuition
In-state
$4,790
Out-of-state
$17,460
Retention Rate
63%
Admission Rate
43%
Students Enrolled
12,109
Institution Type
Public
Percent Online Enrollment
65% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

#19 Most Affordable Online Master’s In Finance Degrees

Webster University

  • Saint Louis, MO
  • 4 years
  • Online + Campus

Webster University is a private college with many programs to offer from the Saint Louis, Missouri, campus. A leader in online graduate education, the school offers 31 remote master's programs. Learners interested in finance can pursue a master of science in finance among the options.

Logistics is no barrier to earning this degree, which was designed with adaptability and flexibility in mind. Real-time interaction is often not required, and enrollees can complete coursework at their own pace within a given timeframe. This format does not come at the expense of academic rigor or advanced career preparation.

Applicants receive admittance at a rate of 57% per year, but some programs may vary. Degree-seekers need a bachelor’s degree for admission to most master’s programs. They may also need to submit official transcripts and recommendation letters, which the department outlines in its admissions policy.

Average Tuition
In-state
$28,500
Out-of-state
$28,500
Retention Rate
79%
Admission Rate
57%
Students Enrolled
9,860
Institution Type
Private
Percent Online Enrollment
48% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

#20 Most Affordable Online Master’s In Finance Degrees

Southern New Hampshire University

  • Manchester, NH
  • 4 years
  • Online + Campus

Degree-seekers can choose from a variety of online graduate degrees at Southern New Hampshire University. Learners with a bachelor's degree in finance may find the master's in finance of particular interest. Enrollees can complete the graduate curriculum remotely, ensuring they maintain more control over their schedules.

Learners study in classes with a 22-to-1 student-to-teacher ratio that is conducive to personalized learning. Faculty teach a rigorous curriculum that both educates and engages finance learners. This higher-level academic preparation is a prerequisite for career advancement or a doctoral program in this field and related ones.

Degree candidates pay a yearly average of $18,810 in tuition. Qualifying learners can lower this cost by applying grants and scholarships. About 68% of enrollees at this institution take out student loans.

Average Tuition
In-state
$30,756
Out-of-state
$30,756
Retention Rate
65%
Admission Rate
88%
Students Enrolled
113,514
Institution Type
Private
Percent Online Enrollment
94% Percentage of all students who are enrolled online.
Accreditation
Yes New England Commission on Higher Education

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