Bachelor’s Degrees in Finance & Financial Management
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Education Levels of Finance Majors
During the 2018-2019 academic year, 46,736 students earned their bachelor's degree in finance. This makes it the 3rd most popular bachelor'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 |
|---|---|
| Bachelor’s Degree | 46,736 |
| Master’s Degree | 5,579 |
| Basic Certificate | 2,713 |
| Graduate Certificate | 631 |
| Associate’s Degree | 296 |
| Undergraduate Certificate | 164 |
| Doctor’s Degree | 67 |
Earnings of Finance Majors With Bachelor’s Degrees
The median salary for graduates holding a bachelor's degree in finance is $47,500. A lot of factors can contribute to this number, such as the location of your workplace and the availability of other perks and bonuses.
A better approximation of salary is to look at the typical range of salaries. In this case the low is $42,700 and the high is $52,050.
Student Debt
The median student debt for graduates holding a bachelor's degree in finance is $23,250. The school you go to and how long it takes you to graduate, among other things, can cause this number to vary.
The chart below shows the range of accumulated debt loads. On the high side of the range, $26,000 is the debt load, and the debt load on the low side is $20,468.
Those students who are paying back their debt on a 10-year repayment plan have a median monthly payment of $241.
Student Diversity
More men than women pursue bachelor's degrees in finance. About 70.8% of graduates in this field are male.
| Gender | Number of Grads |
|---|---|
| Men | 33,067 |
| Women | 13,669 |
The racial-ethnic distribution of finance bachelor’s degree students is as follows:
| Race/Ethnicity | Number of Grads |
|---|---|
| Asian | 3,489 |
| Black or African American | 2,118 |
| Hispanic or Latino | 5,063 |
| White | 28,760 |
| International Students | 4,875 |
| Other Races/Ethnicities | 2,431 |
Most Popular Finance Programs for Bachelor’s Degrees
There are 718 colleges that offer a bachelor’s degree in finance. Learn more about the most popular 20 below:
The most popular school in the United States for finance students seekinga bachelor's degree is Baruch College. Each year, around 18,000 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $6,930 per year, while in-state graduate students, on average, pay $11,090 per year.
For the 2018-2019 academic year, 937 bachelor's degrees were handed out to finance majors at Baruch. Around 64% of these students were from an underrepresented racial-ethnic group, and 41% were women.
Ohio State University - Main Campus comes in at #2 on our list of the most popular colleges offering bachelor's degrees in finance. Roughly 61,100 attend the school each year. The average in-state tuition for full-time undergraduates is $10,197 per year, while in-state graduate students, on average, pay $11,560 per year.
During the 2018-2019 academic year, 685 people received their bachelor's degree in finance from Ohio State. About 31% of this group were women, and 14% were students from an underrepresented racial-ethnic group.
The 3rd most popular school in the country for finance majors who are seeking their bachelor's degree is University of Georgia. Roughly 38,600 attend the school each year. The average in-state tuition for full-time undergraduates is $9,790 per year, while in-state graduate students, on average, pay $8,878 per year.
For the 2018-2019 academic year, 617 bachelor's degrees were handed out to finance majors at UGA. Of these students, 23% were women and 21% were members of underrepresented racial-ethnic groups.
Florida State University comes in at #4 on our list of the most popular colleges offering bachelor's degrees in finance. Roughly 41,000 attend the school each year. The average in-state tuition for full-time undergraduates is $4,640 per year, while in-state graduate students, on average, pay $9,684 per year.
For the 2018-2019 academic year, 585 bachelor's degrees were handed out to finance majors at Florida State. About 28% of this group were women, and 29% were students from an underrepresented racial-ethnic group.
Florida International University comes in at #5 on our list of the most popular colleges offering bachelor's degrees in finance. Each year, around 57,900 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.
During the 2018-2019 academic year, 564 people received their bachelor's degree in finance from FIU. About 35% of this group were women, and 82% were students from an underrepresented racial-ethnic group.
University of South Carolina - Columbia is the 6th most popular school in the nation for students seeking a bachelor's degree in finance. Each year, around 34,700 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $12,288 per year, while in-state graduate students, on average, pay $13,737 per year.
During the 2018-2019 academic year, 557 people received their bachelor's degree in finance from UofSC. About 30% of this group were women, and 11% were students from an underrepresented racial-ethnic group.
The 7th most popular school in the country for finance majors who are seeking their bachelor's degree is University of Central Florida. Each year, around 68,400 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $4,478 per year, while in-state graduate students, on average, pay $6,916 per year.
During the 2018-2019 academic year, 476 people received their bachelor's degree in finance from UCF. About 23% of this group were women, and 43% were students from an underrepresented racial-ethnic group.
Pennsylvania State University - University Park is the 8th most popular school in the nation for students seeking a bachelor's degree in finance. Roughly 46,800 attend the school each year. The average in-state tuition for full-time undergraduates is $17,416 per year, while in-state graduate students, on average, pay $21,960 per year.
For the 2018-2019 academic year, 473 bachelor's degrees were handed out to finance majors at Penn State University Park. Around 14% of these students were from an underrepresented racial-ethnic group, and 30% were women.
The University of Alabama comes in at #9 on our list of the most popular colleges offering bachelor's degrees in finance. Each year, around 38,300 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $10,780 per year, while in-state graduate students, on average, pay $10,780 per year.
The finance program at The University of Alabama awarded 467 bachelor's degrees during the 2018-2019 school year. Of these students, 27% were women and 11% were members of underrepresented racial-ethnic groups.
Arizona State University - Tempe is the 10th most popular school in the nation for students seeking a bachelor's degree in finance. Roughly 51,500 attend the school each year. The average in-state tuition for full-time undergraduates is $10,710 per year, while in-state graduate students, on average, pay $11,720 per year.
The finance program at Arizona State University - Tempe awarded 455 bachelor's degrees during the 2018-2019 school year. Of these students, 26% were women and 19% were members of underrepresented racial-ethnic groups.
University of Houston is the 11th most popular school in the nation for students seeking a bachelor's degree in finance. Roughly 46,300 attend the school each year. The average in-state tuition for full-time undergraduates is $8,219 per year, while in-state graduate students, on average, pay $8,370 per year.
The finance program at University of Houston awarded 408 bachelor's degrees during the 2018-2019 school year. Around 68% of these students were from an underrepresented racial-ethnic group, and 38% were women.
The 11th most popular school in the country for finance majors who are seeking their bachelor's degree is University of Iowa. Each year, around 31,600 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $8,073 per year, while in-state graduate students, on average, pay $10,079 per year.
The finance program at University of Iowa awarded 408 bachelor's degrees during the 2018-2019 school year. About 26% of this group were women, and 8% were students from an underrepresented racial-ethnic group.
University of Pennsylvania comes in at #13 on our list of the most popular colleges offering bachelor's degrees in finance. Each year, around 25,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $51,156 per year, while in-state graduate students, on average, pay $36,254 per year.
During the 2018-2019 academic year, 406 people received their bachelor's degree in finance from UPenn. Around 37% of these students were from an underrepresented racial-ethnic group, and 32% were women.
The 14th most popular school in the country for finance majors who are seeking their bachelor's degree is University of North Carolina at Charlotte. Roughly 29,700 attend the school each year. The average in-state tuition for full-time undergraduates is $3,812 per year, while in-state graduate students, on average, pay $4,337 per year.
During the 2018-2019 academic year, 386 people received their bachelor's degree in finance from UNC Charlotte. Of these students, 35% were women and 37% were members of underrepresented racial-ethnic groups.
University of Wisconsin - Madison is the 15th most popular school in the nation for students seeking a bachelor's degree in finance. Each year, around 43,400 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $9,273 per year, while in-state graduate students, on average, pay $10,728 per year.
The finance program at University of Wisconsin - Madison awarded 385 bachelor's degrees during the 2018-2019 school year. Of these students, 28% were women and 11% were members of underrepresented racial-ethnic groups.
Miami University - Oxford is the 16th most popular school in the nation for students seeking a bachelor's degree in finance. Roughly 19,900 attend the school each year. The average in-state tuition for full-time undergraduates is $12,324 per year, while in-state graduate students, on average, pay $13,677 per year.
The finance program at Miami University - Oxford awarded 379 bachelor's degrees during the 2018-2019 school year. About 24% of this group were women, and 22% were students from an underrepresented racial-ethnic group.
California State University - Northridge is the 17th most popular school in the nation for students seeking a bachelor's degree in finance. Roughly 40,200 attend the school each year. The average in-state tuition for full-time undergraduates is $5,742 per year, while in-state graduate students, on average, pay $7,176 per year.
The finance program at California State University - Northridge awarded 365 bachelor's degrees during the 2018-2019 school year. Of these students, 38% were women and 45% were members of underrepresented racial-ethnic groups.
The 18th most popular school in the country for finance majors who are seeking their bachelor's degree is Michigan State University. Roughly 50,300 attend the school each year. The average in-state tuition for full-time undergraduates is $15,555 per year, while in-state graduate students, on average, pay $18,858 per year.
For the 2018-2019 academic year, 362 bachelor's degrees were handed out to finance majors at Michigan State. Of these students, 28% were women and 15% were members of underrepresented racial-ethnic groups.
The 19th most popular school in the country for finance majors who are seeking their bachelor's degree is Temple University. Roughly 39,700 attend the school each year. The average in-state tuition for full-time undergraduates is $16,080 per year, while in-state graduate students, on average, pay $16,956 per year.
The finance program at Temple University awarded 359 bachelor's degrees during the 2018-2019 school year. About 26% of this group were women, and 23% were students from an underrepresented racial-ethnic group.
Rutgers University - New Brunswick is the 20th most popular school in the nation for students seeking a bachelor's degree in finance. Roughly 50,200 attend the school each year. The average in-state tuition for full-time undergraduates is $12,230 per year, while in-state graduate students, on average, pay $17,736 per year.
For the 2018-2019 academic year, 358 bachelor's degrees were handed out to finance majors at Rutgers New Brunswick. Of these students, 31% were women and 43% were members of underrepresented racial-ethnic groups.
Finance Focus Areas
| Major | Annual Degrees Awarded |
|---|---|
| Finance | 45,223 |
| Banking & Financial Support Services | 698 |
| Financial Planning & Services | 556 |
| Other Financial Management | 166 |
| Investments & Securities | 70 |
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Related Majors
Below are some popular majors that are similar to finance that offer bachelor’s degrees.
| Major | Annual Degrees Awarded |
|---|---|
| Business Administration & Management | 172,408 |
| Accounting | 53,997 |
| Marketing | 44,258 |
| Business & Commerce | 25,818 |
| Human Resource Management | 11,757 |
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.
- College Factual
- National Center for Education Statistics
- O*NET Online
- Bureau of Labor Statistics
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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