2019 Best Online Master's in Finance Programs

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Online learners seeking a master's degree in finance should consider the following 9 schools that have been ranked according to their low tuitions and high earning potential. This year, the top-ranked school is Johns Hopkins University, offering a Master of Science in Finance for $24,660 per year. Graduates of the program reported an average mid-career salary of $148,400. University of Maryland Global Campus, ranked at #7, has the lowest tuition on the list: only $11,862 for their online Master of Science in Accounting and Financial Management program.

Alumni salaries were provided by PayScale. View our methodology for more details or learn more about SR Education Group.

Find an Online Degree:
Rank School Annual Tuition Median Salary
#1 #1 Johns Hopkins University $24,660 $148,400
#2 #2 University of Houston-Clear Lake $14,730 $139,000
#3 #3 American University $56,364 $131,100
#4 #4 Boston University $23,760 $118,400
#5 #5 Indiana University - Bloomington $19,950 $108,400
#6 #6 Golden Gate University $23,345 $108,300
#7 #7 University of Maryland Global Campus $11,862 $99,400
#8 #8 Webster University $14,040 $78,300
#9 #9 Southern New Hampshire University Online $13,794 $76,600
Salary data provided by Payscale Logo.

2019 Online Master's Degree in Finance Ranking Details

  • Annual Tuition: $24,660
  • Median Salary: $148,400
  • School Type: Non-Profit
  • Accreditation: MSCHE
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Earn a Master’s in Finance online through the highly respected Johns Hopkins University studying full- or part-time. This STEM-focused program helps individuals advance their careers to become innovators in the field. The online program was designed to meet the needs of those continuing to work full-time while they study. The online format is highly collaborative and allows students to learn from a pool of skilled instructors from the DC/Baltimore areas and beyond. In just 1-2 years, students graduate with a degree and all the knowledge they need to pass the CFA exams and become fully-certified for a wide range of careers in finance.

Online Master's Degrees (1)

  • Annual Tuition: $14,730
  • Median Salary: $139,000
  • School Type: Non-Profit
  • Accreditation: SACS COC
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The University of Houston-Clear Lake offers an online Master’s in Finance degree ideal for working professionals looking to advance their careers. Taking two classes per semester, students complete the program in just 18 months. Both the online and on-campus programs are taught by the same highly respected faculty who remain active in the field. The Master's in Finance program offers four annual start dates for domestic applicants and three for international students. UHCL’s College of Business has been additionally accredited by the international Association to Advance Collegiate Schools of Business, and their online programs have been awarded the Effective Practice Award by the Online Learning Consortium.

Online Master's Degrees (1)

  • Annual Tuition: $56,364
  • Median Salary: $131,100
  • School Type: Non-Profit
  • Accreditation: MSCHE
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American University in D.C. offers an online Master’s in Business Analytics through their Kogod School of Business, which is accredited by the international Association to Advance Collegiate Schools of Business. This STEM-designated degree offers concentrations in business foundations, cybersecurity, financial analytics, marketing analytics, and consulting so students can build a skill set directly applicable to their career aspirations. The program requires two 3-4 day practicums on AU’s DC campus. These intensive sessions involve lectures from respected business leaders and resume-building projects.

Online Master's Degrees (1)

  • Annual Tuition: $23,760
  • Median Salary: $118,400
  • School Type: Non-Profit
  • Accreditation: NECHE
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Boston University’s online Master’s in Financial Management degree prepares its students for career advancement whether or not they choose to pursue the CFA exam. Graduates go on to become financial managers, economists, financial analysts and more; all careers with a positive outlook for job growth in the next decade. This master's degree is offered as a general course or in one of two specialties: international finance or investment analysis. These 40-credit, fully-online programs can be completed in 18-24 months.

  • Annual Tuition: $19,950
  • Median Salary: $108,400
  • School Type: Non-Profit
  • Accreditation: HLC
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Indiana University – Bloomington’s online Master’s in Finance degree gives its graduates highly marketable knowledge of corporate finance; their Kelley School of Business has educated more current CFOs than any other public institution in the country. This flexible program allows students to earn their degree within a 15- to 36-month window. For those looking to go the extra mile with their master’s, IUB’s business school offers a study abroad program that gives students on-the-ground experience in global finance and consulting in countries like Cuba, Greece, and Thailand. Academic high-achievers can also pursue a dual degree that combines their Master's in Finance with an online MBA.

Online Master's Degrees (1)

  • Annual Tuition: $23,345
  • Median Salary: $108,300
  • School Type: Non-Profit
  • Accreditation: WASC WSCUC
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Golden Gate University offers online Master’s in Finance degrees that can help working professionals advance their careers whether they’re just starting out or are already working as financial planners. In addition to the school’s Master's in Financial Planning, their Master's in Finance offers concentrations in corporate finance and investment management. They also offer a Master's in Advanced Financial Planning, which is geared toward individuals who already hold the CFP designation; they can choose a concentration in financial life planning, taxation, or estate planning. 95% of students in these programs are over the age of 25, and the average class size is 14.

  • Annual Tuition: $11,862
  • Median Salary: $99,400
  • School Type: Non-Profit
  • Accreditation: MSCHE
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Take your career to the next level with an online Master’s in Accounting and Financial Management from the University of Maryland Global Campus. This master's degree was designed for mid-level professionals seeking advancement to a financial leadership role within an organization. The asynchronous format of online classes allows students to study when and where is convenient for them, so they can earn their master’s while continuing to work full-time. UMUC accepts up to six transfer credits for this 36-credit master’s program.

  • Annual Tuition: $14,040
  • Median Salary: $78,300
  • School Type: Non-Profit
  • Accreditation: HLC
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Webster University’s Walker School of Business & Technology offers a flexible online Master of Science in Finance degree. Depending on their professional goals, students can choose certain classes aimed at preparing them for the CFA (Chartered Financial Analyst) or CFP (Certified Financial Planner) exams. Online classes are taught by the same faculty who teach on-campus, but their curriculum is adapted for the web to take advantage of the available technology. WU also offers a 45-credit hour dual degree program, which allows students to earn both an MBA and an MS in Finance simultaneously.

Online Master's Degrees (1)

  • Annual Tuition: $13,794
  • Median Salary: $76,600
  • School Type: Non-Profit
  • Accreditation: NECHE
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Southern New Hampshire University has been educating students in finance since 1932. Nowadays, their online Master’s in Finance degrees extend their expertise to students across the country. Earn an MS in Accounting and Finance or specialize your MS in Finance with concentrations in corporate finance or investment and securities. SNHU does not require the GRE or GMAT for admission to the program, which can be completed in just 15 months if students enroll in two classes every ten-week term.

Online Master's Degrees in Finance Overview

To earn a master’s degree in finance, students spend two to three years completing the required coursework; most programs require 10-20 courses. Applicants typically need a bachelor's degree, previous coursework in economics and statistics, and GRE or GMAT scores. Students may also be required to have a year or more of professional business experience before applying to MBA programs.

Different finance master's degrees may have different curriculum focuses. For example, some emphasize quantitative understanding of financial instruments, while others emphasize finance integrated with strategic business principles. Some programs include a set course schedule, while others allow students to choose electives in their professional area. Possible electives include bond markets, negotiation, corporate financial policy, and game theory. Most master's programs require that students complete a thesis, which involves a significant amount of research in a particular area of finance theory or practice.

The core of the online MBA degree covers an array of business topics, which discuss nearly every aspect of running a successful enterprise. Courses in leadership and communication areas, such as decision making, leading people, and organizational behavior, discuss the skills for managing employees and organizations. Quantitative courses like data analysis, economics, and financial decision making discuss the critical thinking and math skills necessary to maintain an organization’s financial integrity. Courses in areas like marketing and international business discuss more specialized aspects of promoting a business and integrating it into a global landscape.

Many online master's programs require that students complete an internship in a finance setting; online schools place students in businesses in their local community. Some online business programs require on-site attendance once or several times during the degree program where students visit campus to listen to seminars and meet their cohort.

With a master’s degree in finance, graduates may qualify for positions as financial analysts, stock brokers, budget analysts, personal financial advisors, risk managers, or financial managers. Financial professionals work for investment companies, banks, accounting agencies, the government, and for individual businesses and corporations. Other possible places of employment include hedge funds, investment banks, corporate finance departments, consulting firms, and economic development settings. Those with many years of professional experience can become independent consultants.

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