Working adults who want to pursue a Master of Finance Degree may find it challenging to attend classes on campus; therefore, colleges that offer online Master of Finance Degree Programs are becoming more and more popular among finance professionals.
Ranking the Top 10 Online Master of Finance Degree Programs 2016
Earning an Online Master of Finance degree can increase your earning power and give you the knowledge and expertise to make a positive impact of the lives of individuals and business owners. An online master’s degree in finance is a niche degree that can lead to a position as a financial analyst, financial sales agent, personal financial analyst, financial manager, or even economist.
To find the best online Master of Finance degrees, we looked at schools accredited by the Association to Advance Collegiate Schools of Business (AACSB). The AACSB provides specialized accreditation, recognized worldwide, for business programs that pursue excellence and continuous improvement in areas of business, including finance.
We used degree information obtained from College Navigator to determine which schools offered an online Master’s in Finance degree. We further narrowed down our list to include only programs offering a master’s degree online in an area directly related to finance with more than 90% of the coursework offered online. Below are the top 10 online Master of Finance Degree Programs for 2016 ranked in order of average graduate tuition rate for in state tuition per College Navigator. The actual tuition rate may vary since these are online programs, so check with the school to determine your actual tuition rate.
#10. Boston University-Boston, Massachusetts
Banking and Financial Services Management, Master’s Degree
Average Graduate Tuition Per Year: $47,422
Boston University features an online Master’s degree in Banking and Financial Services Management than can be completed in just 24 months. Students complete 48 credit hours of coursework covering areas like portfolio management, utility functions, asset allocations, risk management, credit risk, and hedging strategies. This master’s in finance degree online builds upon traditional business programs by providing insight and analytical skills needed to be successful in a challenging business landscape. Boston University was ranked #6 by U.S. News and World Report in 2016 in its list of Best Online Business Programs. The program is also accredited by the European Foundation for Management Development (EFMD) Program Accreditation System.
#9. Georgetown University-Washington, District of Columbia
Master of Science in Finance (MSF)
Average Graduate Tuition Per Year: $44,712
Georgetown University features a 21-month online Master of Science in Finance. This innovative program consists of six core courses, four selective courses, a brief orientation residency, a weeklong on-site residency in October of the first year, and a Capstone Global Consulting Project. Students are taught through focused coursework and real-world application. Coursework is delivered through a state-of-the-art online learning platform, allowing students to complete asynchronous courses which maximizes engagement. Faculty provide a global perspective and sound ethical values.
#8. Bentley University-Waltham, Massachusetts
Master’s in Finance
Average Graduate Tuition Per Year: $32,520
The Online Master’s in Finance degree program at Bentley University is offered through the world-class Hughley Center for Financial Services. The program was recently recognized by the CFA Institute through the University Recognition Program. Students can complete the online finance master’s program in 12 to 16 months depending on their course load. Students can elect to participate in two different program tracks, including the corporate finance track and the capital markets track. Students can engage in-hands on learning in the Trading Room, a multimillion dollar facility with cutting edge technology and simulation software.
#7. Pennsylvania State University World Campus-University Park, Pennsylvania
Online Master of Finance
Average Graduate Tuition Per Year: $19,328
Pennsylvania State University World Campus offers an accredited online master’s degree in finance recognized as one of the best by U.S. News and World Report. This 30-credit hour program covers coursework related to financial modeling, financial accounting, strategic financial decisions, multinational financial management, and financial derivative securities. This cohort model program allows students to work as a team as they complete the program and gather multiple perspectives. A short on-campus residency experience lets students interact with faculty and take advantage of hands on training and instruction.
#6. Saint Joseph’s University-Philadelphia, Pennsylvania
Financial Services Online MS
Average Graduate Tuition Per Year: $15,840
Saint Joseph’s University offers a Financial Services Online MS degree that is both AACSB accredited and CFP certified. Students learn skills and gain experience in the areas of portfolio management, financial institutions and capital markets, mergers and acquisitions, risk management, pension and benefits administration, international finance, tax planning for management decision making, and stakeholder theory and social responsibility. Although offered as an online program, students can attend night classes at the main campus. This specialized master’s program is a part time program to allow students to maintain employment while pursuing their advanced degree.
#5. Creighton University-Omaha, Nebraska
Online Master of Investment Management and Financial Analysis
Average Graduate Tuition Per Year: $15,052
The Online Master of Investment Management and Financial Analysis degree program from Creighton University is a unique program which prepares students for the Chartered Financial Analyst exam. Creighton University is the only CFA partner university that offers an online finance master’s degree. As part of the program, students cover coursework related to all three parts of the exam including financial reporting, equity investments, quantitative methods, corporate finance, and portfolio management. The program features a rigorous curriculum which can give students an edge when applying for a position in the competitive financial industry.
#4. University of Michigan-Dearborn, Michigan
Online Master of Science in Finance
Average Graduate Tuition Per Year: $10,854
The University of Michigan offers a flexible Online Master of Science in Finance program that can be completed on a full or part time basis. Students who pursue full time study can complete the program in just 12 months. With three different start dates throughout the year, students can begin the program when it is most convenient. While this online finance master’s program features a concentration in corporate finance or investments, only the corporate finance concentration is available entirely online. The corporate finance concentration prepares students to use financial tactics and strategies in a business environment.
#3. Auburn University-Auburn, Alabama
Master of Science in Finance-Online
Average Graduate Tuition Per Year: $8,802
Auburn University features a Master of Science in Finance online that offers both a thesis and non-thesis option. This 30-credit hour online program is identical to the on-campus program, but without the need to attend traditional classes. Students can begin the program in either the spring or the fall semester, and the program is open to those currently living in the U.S., Canada, or are in the U.S. military. Courses are taught by faculty experienced as both financial professionals and educators.
#2. Indiana University-Bloomington, Indiana
Online Master of Science in Finance
Average Graduate Tuition Per Year: $8,442
The Kelley School of Business at Indiana University offers an online MS in Finance that can be completed in just 15 months of study. Students can complete their degree as full time or part time students, allowing flexibility. Course topics cover areas such as financial management, quantitative analysis, value creation, economics, risk management, and capital markets. Students interested in earning their MBA can complete the dual degree option, completing both degrees together in an accelerated format. Graduates are prepared to work as financial analysts, insurance underwriters, auditors, or budget analysts.
#1. University of Houston Clear Lake-Houston, Texas
Finance MS Online
Average Graduate Tuition Per Year: $6,372
The online Master of Finance degree at the University of Houston-Clear Lake is a 30-credit hour program providing real world business experience. Case studies and projects are used to give students experience in the field. Students benefit from small class size and the flexibility to attend either part time or full time. University of Houston-Clear Lake allows online students to attend networking and career events offered on campus. Faculty are experienced finance professionals, including several with CFA and CFP designations.
We hope you find this to be a helpful introduction to a few of the many notable online master of finance degree programs available today. We encourage you to research prospective degree programs further and we wish you the best as you pursue an online master of finance degree.