Finance is all about how money moves. We’ve compiled the best online finance degrees to help you get started in this exciting profession.
The modern job market is changing faster than ever. Entire professions have gone extinct in just a few generations. Others have sprung up practically overnight. But in the midst of all this change, one thing hasn’t changed at all: Money matters. A lot.
In our increasingly globalized world, it’s more important than ever for organizations to have experts in finance.
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What kind of finance degree should you get?
Online degrees and residential degrees differ in a couple of key ways. If you plan to enroll in an online degree program, remember that you’ll typically be responsible for setting your own study schedule. You’ll need a strong sense of motivation and great time management skills.
If you know you’re a great candidate for online learning, but aren’t positive that you’ll be pursuing a Finance degree, take a look at our Best Online Colleges and Universities for 2020.
How much money do people make with a finance degree?
According to the U.S. Bureau of Labor Statistics, the average personal financial advisor earns $90,530 per year (that’s $43.53 per hour). In addition to a high median salary, job opportunities in this field are expected to grow 30 percent—practically lightspeed compared to the overall expected growth rate of just 7 percent.
Financial analysts are also expected to see considerable job growth: 12 percent between 2014 and 2024. The median salary for a financial analyst is $81,760 per year.
What can you do with a degree in finance?
Financial analyst and personal financial advisor are far from the only jobs you can get with a finance degree. Finance majors might hold job titles such as treasurer, budget analyst, loan officer, and investment fund manager.
A Master of Business Administration (MBA) is a common choice for finance majors who want to continue their education at the graduate level. If you plan to earn your MBA, you may want to look for a college that offers an accelerated bachelor’s-to-master’s degree track. These dual degree pathways can save considerable time and money.
What are the requirements for a degree in finance?
Some finance degrees prepare students for specific licensures and certifications. Depending on their career goals, finance graduates might take the Certified Public Accountant (CPA) exam, the FINRA exam, the Certified Management Accountant (CMA) exam, or the Certified Financial Planner (CFP) exam.
The CPA exam typically requires 150 hours of study. Most bachelor’s degree programs only include 120 hours, so if you plan to sit for this exam, look for a program that meets the CPA requirement (or plan on taking graduate coursework).
What are the best online bachelor’s degree programs in finance?
We’ve compared each of these programs to see how they stack up in two key areas: institutional excellence and student success.
As part of the institutional excellence score, we consider data points such as incoming student test scores, graduation rate, student-to-faculty ratio, and other important aspects of each school.
For the student success score, we examine tuition costs, typical financial aid packages, student indebtedness at graduation, and expected early career salary for graduates.
Using resources like individual college websites, the IPEDS database, PayScale, and U.S. News & World Report, we’ve compiled all of these metrics to bring you the best online bachelor’s degrees in finance.
See our rankings methodology page.
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