The 20 Best Online Master’s In Finance Programs
In an increasingly volatile, ever-changing global market, companies and individual investors will need more help than ever assessing their financial portfolios, minimizing risk, maximizing ROI, and sustaining a robust bottom line. In fact, the US Bureau of Labor Statistics expects the financial sector to grow across the board through at least 2022.
Featured Online Master’s In Finance Programs:
For professionals interested in expanding their financial knowledge, or for newcomers looking to capitalize on a high-demand employment opportunity, an MS in Finance can prepare you for a successful career in the business world and distinguish you from your competitors. Here’s our top 20 online programs for a Masters’ in Finance.
1. Colorado State University—Global Campus
Online Master of Finance Degree Program
Colorado State University Global’s online program consists of 36 credit hours of coursework. CSU also offers the benefit of 15 possible specializations, including Accounting, Business Intelligence, Fraud Management, Organizational Learning and Performance, and Project Management, among others. The program particularly stands out with regard to its flexibility, including a year-round, 8-week-course accelerated option, or a slower schedule tailored to fit the needs of full-time professionals. Specifically, CSU-Global emphasizes using the latest technology to create strategies, analyze risks, and make effective decisions to prepare students for leadership roles in the finance industry.
2. University of Washington
Online Master of Science in Computational Finance and Risk Management Degree Program
The University of Washington offers a MS in Computational Finance and Risk Management. Within the program, there are three possible tracks: a 42 credit baseline, a 54 credit Risk Management option with extended internship, and a 54 credit Computing option with extended internship. UW also offers a part-time online option, with students taking under 10 credits per quarter (typically one 4-credit course). With synchronous and asynchronous classes, students are allowed to complete their coursework according to their own schedules. On average, from the 2013-2014 class, 91% of the program’s graduates are currently employed or admitted to a PhD program. Alumni can be found at BlackRock, Commercial Bank of China, DataLogix, Microsoft (Azure), and at many more companies across the world.
3. Carnegie Mellon University
Online MS in Computational Finance Degree Program
Carnegie Mellon offers an online MS in Computational Finance. Students typically graduate in three years, and the 25 courses are delivered over 6 semesters, or a total of 12 mini-semesters. For many classes, students will participate remotely via a live stream in either the Pittsburgh or New York campuses, allowing for students to ask questions to the professor, collaborate, and make live presentations. Among the classes offered include basic finance theories of equity and bond portfolio management, stochastic calculus models on which derivative trading is based, asset pricing, statistical arbitrage, risk management and dynamic asset management.
4. Boston University
MS in Banking and Financial Services Management Online Degree Program
Boston University offers a MS in Banking and Financial Services Management. The program consists of 12 required courses: 6 core, four specialization, and two electives from the Administrative Sciences program. Depending on students’ schedules and potential transferable credit, students typically graduate within 16-24 months. In particular, the curriculum develops expertise in investments, managing cash, capital raising strategies, mergers and acquisitions, buyout transactions, securities markets, and e-commerce, among other areas.
5. University of Colorado – Denver
Online MS in Finance and Risk Management Degree Program
The University of Colorado – Denver offers and MS in Finance and Risk Management. The program is a 30-credit curriculum, with 18 core credits and 12 elective. UC – Denver also offers a wide specialization spectrum, including Economics, Finance, Financial and Commodities Risk Management, Financial Analysis and Management, and Risk Management and Insurance. A hybrid program is also available, in which students can blend on-campus and online coursework according to their needs. UC – Denver is a CFA Institute credited program, and students should be prepared to take the CFA examination upon graduation.
6. University of Miami
Online Master’s in Finance Degree Program
The University of Miami offers a 32-credit degree or 16-credit certificate with three possible entry points in January, May, or September. The program also offers students the opportunity to collect certificates as they complete their degrees, with two certificate options: Certificate in Corporate Finance, or Certificate in Financial Decision Making. Most students complete full degrees in just 16 months. Graduates will be prepared to enter a wide variety of fields, including Corporate/Industry Finance, Divisional Financial Analysis, Project Finance, Public Finance, and Treasury.
7. Indiana University
Online MS in Finance Degree Program
Indiana University’s online program consists of 30 credits, which can be completed in as little as 15 months or as long as 5 years, depending on whether students choose a full-time or part-time course load. Topics covered include financial management, quantitative analysis, value creation, risk management, and capital markets, among others. Indiana is ideal for students looking to pursue CFO positions, and is the second leading producer of CFOs in the country, with 14 alumni in the Fortune 500 and S&P 500.
8 (tied). Penn State – World Campus
Master of Finance Online
Penn State’s World Campus online program is a 30-credit curriculum, including a culminating 3-credit capstone. (Note that Penn State requires a one-week residency at the Great Valley campus soon after students begin their fourth course.) This program uses a cohort model in which all students begin at the same time and progress through the coursework at the same time, allowing for a collaborative environment and content integration. Among the topics studied include financial modeling, accounting, capital structure and cost of capital, valuation, and corporate control.
8 (tied). Southern New Hampshire University
Online MS in Finance Degree Program
Southern New Hampshire University offers a 36-credit program with two available concentrations—Corporate Finance and Investments and Securities. With two courses per 10-week term, students can expect to graduate in as little as 15 months. Among SNHU’s areas of study include investments, corporate finance, advanced economic theory, financial markets, and more. Upon graduation, students are prepared to enter a wide range of business areas, from insurance and real estate, to investment banking and securities analysis.
10. Georgetown University
Online MS in Finance Degree Program
Georgetown University’s prestigious online program is a 20-month, 32-credit curriculum that breaks down into 6 core courses, three electives, a week-long, on-campus residency, and capstone global consulting project , in which students research the history, business, political and regulatory environment of a client’s country in addition to providing consultation services. In particular, Georgetown’s MSF focuses on a global outlook, practical application, real-world trends, and business ethics in order to prepare to students to become business leaders. Georgetown is ranked #1 in the financial field according to Bloomberg Businessweek, and graduates have gone on to enjoy success at companies like Goldman Sachs, J.P. Morgan, Deloitte, and Bank of America Merrill Lynch.
11. Northeastern University
MS in Finance Online Degree Program
Northeastern University offers an MS in Finance that can be completed in as little as 16 months, with the option of obtaining an online dual MSF/MBA for interested students. Enrolled students choose from two possible tracks: Corporate Finance or Investment Finance. Benefiting from an alumni network of over 200,000, graduates have gone on to careers at Fortune 500 and mid-cap companies, healthcare organizations, venture capital and private equity firms, government agencies, and a wide range of other fields.
12. West Texas A&M University
Online MS in Finance and Economics Degree Program
West Texas A&M University offers a 36-credit MS in Finance and Economics—21 core credits, 9 electives in economics, and 6 elective courses in economics, finance, accounting, or computer information and decision management. Upon completing the curriculum, students must pass a comprehensive examination, part of which may be taken remotely, but some of which requires an on-campus component. The program is designed to be completed in two years, but students can finish in as little as one year on the accelerated track. This MSFE program was ranked #10 in the nation by The Financial Engineer.
13. Golden Gate University
Master of Science in Finance Online Degree Program
Golden Gate University’s online program consists of 12 foundation units, 15 advanced units, and 18 units in a concentration, of which students may choose from either General Finance, Corporate Finance, or Investment Management. Golden State’s program is ideal for professionals already in the field looking to specialize in a particular area in order to bring a new knowledge and expertise to their businesses. In particular, students will learn security valuation, corporate strategy, risk management, and financial analysis, among other areas.
14 (tied). Bellevue University
Master of Science in Strategic Finance Online Degree Program
Bellevue University’s program consists of 36 credits which may be taken online or on-campus interchangeably. Note that Bellevue also has a generous transfer policy of up to 6 credits, which may accelerate graduation time. 9 credits are devoted to a chose concentration, of which the program offers a huge variety: accounting, cybersecurity, supply chain management, marketing, healthcare, acquisition and contract management, and several others. In particular, Bellevue trains students to provide insightful financial analysis, valuate companies’ business operations, and deliver effective risk valuation and management.
14 (tied). Kaplan University
Master of Science in Finance Online Degree Program
Kaplan University’s online program is a competency-based 54-credit track that allows students to tailor coursework according to their particular skills and talent. 16 credits are devoted to a concentration, of which students may choose between Financial Analysis or Financial Planning. In particular, students will learn to perform financial analysis using quantitative concepts and techniques, asses financial and investment risks, and apply financial theories to real-world practices.
16. Saint Joseph’s University
Online Master of Science in Financial Services Degree Program
Saint Joseph’s University’s online program is a 10 course program, with 3 core courses and 7 electives. For maximum flexibility, students can finish their degrees in as little as 20 months. Among the major areas of studies are accounting, law and ethics, actuarial studies, security analysis, mergers and acquisitions, and estate planning, a deliberately broad curriculum designed to prepare students for employment in a wide variety of fields. For those interested in on-campus educational experience, St. Joseph’s also provides evening classes.
17. University of Michigan-Dearborn
Master of Science in Finance Online
The University of Michigan-Dearborn’s online program consists of 30 credits—18 core, 12 elective. This program can be completed in as little as one year, and Dearborn also offers a generous transfer policy for previous coursework, allowing students to further accelerate their coursework. Available to both full- and part-time students, classes are available on-campus as well, for those interested. For maximum flexibility, admission is rolling and there are three available entry points.
18 (tied). Auburn University
Online Master of Science in Finance Degree Program
Auburn University offers a 30-credit degree program, with a thesis option for a interested students. For eligible students, up to 6 credits may be transferred to accelerate coursework. Auburn’s delivery method is especially ideal for working professionals who are unwilling or unable to take time off to complete their degrees. All students complete the following core classes: Applied Financial Management, Financial Analysis, and Cost Analysis and Systems.
18 (tied). Creighton University
Online Master of Investment Management and Financial Analysis Degree Program
Creighton University’s online program is 30-credit track with 11 core classes and 1 elective. In particular, students will study business ethics and professional standards, financial statement analysis, portfolio management, risk management, and security analysis. This program is taught exclusively by professors who have earned their CFAs and is a CFA-credited curriculum. For full-time students, degrees are typically completed in 2-3 years.
18 (tied). University of Maryland – University College
MS in Accounting and Financial Management Online Degree Program
The University of Maryland – University College offers an MS in Accounting and Financial Management. The curriculum consists of 5 accounting courses, 6 financial management courses, and one program capstone. Among the areas of study include investment valuation, financial accounting and auditing, behavioral finance, and strategic financial management. For undergraduate students of UMUC with a relevant previous coursework, up to 6 credits may transferrable, accelerating coursework.
Masters in Finance Methodology:
- Affordability (1/3): the estimated out-of-state tuition per credit hour
- Flexibility (1/3): if the program offers additional specializations and/or an accelerated track
- Academic Reputation (1/3): the rank of the school’s parent institution according to other prominant rankings such as US News