Most Affordable Finance Degree Online Programs for 2025

by Imed Bouchrika, Phd

Co-Founder and Chief Data Scientist

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Finance-related jobs are expected to rise by nearly a million annually from 2022 to 2032, offering an exciting outlook for individuals who want to pursue degrees in business and finance. As such, these degrees rank among the top choices for undergraduates in the U.S. As a career planning advisor with over 10 years of experience, I know that pursuing a finance degree stands out as a strategic investment move in your educational journey. 

Launching your finance career through an online bachelor’s degree opens doors to a wide range of opportunities. But with a multitude of programs available, selecting the right one becomes crucial. We also know that cost can be a hindrance. So my team and I have come up with a list of the most affordable finance degrees online. 

What are the benefits of getting an online finance degree?

• A degree in finance equips you with valuable knowledge and skills that can be applied to several industries and used in various financial careers.
• An online finance degree program gives you the flexibility to learn about business and finance at your own pace and to juggle your academic responsibilities with your other commitments.
• A finance degree can be financially rewarding and allows you to earn over $189,000, especially if you work in the field of securities, commodities, and financial services.

What can I expect from an online finance degree?

Earning an online finance degree equips you with valuable knowledge and skills that apply to various financial careers.

In terms of a finance degree program’s core curriculum, you can expect to delve into financial accounting, investments, risk management, and financial modeling. You'll gain a strong foundation in financial analysis, understanding how businesses operate and make financial decisions. Many programs offer electives allowing you to specialize in areas like corporate finance, wealth management, or fintech.

Meanwhile, the biggest advantage of pursuing a finance degree online is the flexibility and convenience of learning at your own pace. Online programs cater to working adults or those with busy schedules. You will access course materials, lectures, and assignments online, allowing you to structure your learning around your commitments. However, self-discipline is crucial for staying on track in an online environment.

Where can I work with a finance degree?

People who hold finance degrees can work in several industries due to the versatility of their skills and capabilities. The more common places of employment are:

1. Banks
2. Investment firms
3. Corporate finance
4. Government agencies
5. Financial consulting
6. Entrepreneurship
7. Financial technology

To give you a clearer example, data from the United States Bureau of Labor Statistics show that most personal financial advisors (63%) were employed in securities, commodity contracts, and other financial investments and related activities. Meanwhile, only 17% worked in credit intermediation and related services, and 12% were self-employed. Furthermore, those with doctorates in finance may pursue roles in research or the academe or move up to top positions in corporations or enterprises. This emphasizes the wide range of roles that finance degree students can assume after graduation.

How much can I make with a finance degree?

Finance graduates typically pursue roles as personal financial advisors or securities, commodities, and financial services sales agents. According to recent data from the BLS, these jobs present the following income ranges:

Personal Financial Advisors:

1. Mean Annual Wage: $137,740
2. 10% percentile: $46,700
3. 90% percentile: $165,590

Securities, Commodities, and Financial Services Sales Agents:

1. Mean Annual Wage: $100,740
2. 10% percentile: $40,200
3. 90% percentile: $189,620

Keep in mind that graduates may land similar jobs in different fields, each with its own income potential. Furthermore, one’s salary is influenced by other factors, including location, educational attainment, or level of expertise.

Table of Contents

1. 10 Most Affordable Online Finance Degrees for 2025
2. How does an online bachelor’s degree in finance compare to an on-campus program?
3. How long does it take to complete an online bachelor’s degree in finance program?
4. What is the average cost of an online finance degree program?
5. What are the prerequisites for enrolling in an online bachelor’s degree in finance program?
6. What courses are typically in an online finance degree program?
7. What career paths are available for graduates of online finance degree programs?
8. What are the typical salary of finance graduates in different career paths?
9. How do you choose the best online finance degree program?
10. Why Accreditation Matters in Online Finance Degree Programs
11. What are the financial aid options for students enrolling in an online finance degree program?
12. Should I Pursue an Advanced Degree to Amplify My Finance Career?
13. What is the job market for graduates with an online degree in finance?
14. What is the return on investment for an online finance degree?
15. How do online finance degree programs integrate ESG and sustainable finance principles?
16. Is an Online Finance Degree a Viable Alternative to an MBA in One Year Online?
17. What types of specializations are available in online finance degree programs?
18. What technological tools and platforms enhance learning in an online finance degree program?
19. How do online finance degree programs prepare graduates for industry certifications?
20. How Do Online Finance Degree Programs Enhance Career Support and Networking?
21. Is an Accelerated Online MBA a Beneficial Next Step for Finance Graduates?
22. How Do Online Finance Degree Programs Adapt to Emerging Industry Trends?
23. Other Things You Need to Know About Online Finance Degree Programs

10 Most Affordable Online Finance Degrees for 2025

How do we rank schools?

We understand the significant costs and commitment involved in pursuing a finance degree, so choosing a program based only on verifiable and credible information is crucial. We also want to highlight programs that provide high quality education without being expensive. As such, Research.com’s team of experts has meticulously compiled this ranking of the most affordable online finance degree programs using our unique methodology to empower you with data-driven insights and comprehensive information. Our goal is to equip you with the knowledge you need to make an informed decision that aligns with your unique aspirations and goals.

This ranking leverages trusted sources like the IPEDS database, Peterson’s Distance Learning Licensed Data Set, College Scorecard database, and the National Center for Education Statistics to provide a holistic overview of each program.

1. Florida International University 

Florida International University offers an online Bachelor of Business Administration in Finance, which caters to working professionals seeking career advancement. Courses are asynchronous and delivered through an interactive platform, allowing flexibility for busy schedules. The program equips students with analytical skills and financial knowledge across areas like investments, corporate finance, and financial modeling.

• Program Length: 4 years
• Tracks/Concentrations: Corporate Finance, Investment Management, Banking
• Cost per Credit: $236 (in-state); $649 (out-of-state)
• Required Credits to Graduate: 120
• Accreditation: Southern Association of Colleges and Schools Commission on Colleges (SACSCOC); The Association to Advance Collegiate Schools of Business (AACSB)

2. Oregon State University

Established in 2017, Oregon State University’s online Bachelor of Science in Finance targets individuals seeking a foundation in financial theory and practice. Asynchronous online courses offer flexibility, while a focus on transferable skills prepares graduates for diverse career paths. The program culminates in a capstone project applying learned concepts to real-world scenarios.

• Program Length: 4 years
• Tracks/Concentrations: Finance
• Cost per Credit: $392
• Required Credits to Graduate: 180
• Accreditation: Northwest Commission on Colleges and Universities (NWCCU); AACSB

3. University of Wisconsin Whitewater 

The University of Wisconsin Whitewater’s online Bachelor of Business Administration in Finance, launched in 2011, caters to working adults seeking to enhance their financial expertise. Asynchronous courses and flexible start dates provide accessibility. The program emphasizes practical application through case studies and simulations, preparing graduates for various finance careers.

• Program Length: 4 years
• Tracks/Concentrations: Financial Planning, Corporate Finance
• Cost per Credit: $412
• Required Credits to Graduate: 120
• Accreditation: Higher Learning Commission (HLC); AACSB

4. University of North Carolina at Greensboro

The online Bachelor of Science in Finance at the University of North Carolina at Greensboro, launched in 2011, caters to individuals seeking a comprehensive finance education with career flexibility. Delivered asynchronously through online modules, the program emphasizes ethical practices and prepares graduates for diverse career paths. Students can choose from optional concentrations like financial planning and risk management.

• Program Length: 4 years
• Tracks/Concentrations: Financial Management or Financial Institutions and Markets
• Cost per Semester: $5,469 (in-state); $21,820 (out-of-state)
• Required Credits to Graduate: 120
• Accreditation: AACSB; SACSCOC

5. Western Carolina University

The online Bachelor of Science in Business Administration in Finance at Western Carolina University, established in 2019, caters to individuals seeking a flexible and affordable path to a finance degree. Delivered asynchronously through an online platform, the program emphasizes core financial concepts and offers concentrations like financial planning and fintech.

• Program Length: 4 years
• Tracks/Concentrations: Corporate Finance, Financial Planning
• Cost per Credit: $66 (in-state), $232 (out-of-state)
• Required Credits to Graduate: 120
• Accreditation: SACSCOC; AACSB

6. Oklahoma State University

Launched in 2010, Oklahoma State University’s online Bachelor of Science in Business Administration - Finance delivers a comprehensive curriculum through asynchronous online modules. Targeting career changers and aspiring finance professionals, the program emphasizes real-world application and includes optional concentrations like financial planning and fintech.

• Program Length: 4 years
• Tracks/Concentrations: Corporate Finance, Financial Analysis
• Cost per Credit: $341 (in-state); $858 (out-of-state)
• Required Credits to Graduate: 120
• Accreditation: AACSB; HLC

7. Thomas Edison State University

Thomas Edison State University offers a Bachelor of Science in Business Administration (BSBA) degree program in Finance, which is designed for students who plan to enter the banking and finance industry, stock brokerage firms, and corporations. This program focuses on financial markets and institutions, investments, and financial management of organizations.

• Program Length: 4 years
• Tracks/Concentrations: Finance
• Cost per Credit: $419 (in-state); $545 (out-of-state)Required Credits to Graduate: 120Accreditation: Accreditation Council for Business Schools and Programs (ACBSP)

8. University of Houston-Downtown

University of Houston-Downtown's Marilyn Davies College of Business offers a Bachelor of Business Administration in Finance program that prepares students for professions in investment management, financial management, banking, and financial institutions. The program's goal is to produce graduates who can help individuals and businesses increase their productivity through technological and financial solutions.

• Program Length: 4 years
• Tracks/Concentrations: Finance
• Tuition per Credit: $246 (in-state); $666 (out-of-state)
• Accreditation: AACSB, SACSCOC

9. Dickinson State University

Dickinson State University offers a Bachelor of Business Administration in Finance program that focuses on teaching students how to apply the theories, concepts, and practices involved in management, in international business, and in recommending. They will also learn how to apply the conceptual framework of financial accounting and reporting in business, as well as solve fundamental problems in financial management.

• Program Length: 4 years
• Tracks/Concentrations: Finance
• Cost per Credit: $249
• Required Credits to Graduate: 120
• Accreditation: HLC; International Assembly for Collegiate Business Education (IACBE)

10. University of Alabama at Birmingham (UAB)

The University of Alabama at Birmingham’s online Bachelor of Science in Finance, established in 2019, targets individuals seeking to advance their careers or enter the finance industry. Asynchronous online courses provide flexibility, while a focus on applied knowledge prepares graduates for real-world challenges. The program offers an optional concentration in financial planning.

• Program Length: 4 years
• Tracks/Concentrations: Finance
• Cost per Credit: $458
• Required Credits to Graduate: 120
• Accreditation: AACSB

Affordable finance degree programs online allow many to acquire the education and skills they need to thrive in the world of business and finance. Understandably, finance is not for everybody. Fortunately, various programs are now made widely available to help young people achieve successful careers. One of these is in the field of history. If you are among those who like this field, you can explore the cheapest online history degree programs now.

Here’s What Graduates Have to Say About Their Online Degree in Finance

• My online finance degree exposed me to diverse perspectives from professors and classmates around the world. We debated economic trends and market fluctuations from different time zones, enriching my understanding of the global financial landscape. Yet, the program also offered local support. Mentorship and career guidance from industry professionals in my city helped me land my dream job at a local investment firm. -Lucas

• Balancing a full-time job and family made traditional education seem impossible. The online format of my finance degree was a game-changer. Studying on my own schedule allowed me to excel academically while managing my responsibilities. Online forums became my virtual study groups, fostering connections with classmates across the country. Today, I’m thriving in my new finance role, and wouldn’t have gotten here without the flexibility and support of online learning. -Dea

• The cost-effectiveness of my online finance degree made it possible to pursue my career aspirations without overwhelming debt. The program offered scholarships and financial aid options, easing the burden and allowing me to focus on my studies. Now, with a solid financial foundation and valuable industry knowledge, I’m able to give back to my community and help others achieve their financial goals. -Margaret

Key Findings

• Bachelor's degrees in finance typically take four years to complete if you are enrolled full-time.
• In public institutions, the average tuition range is $38,000 to $61,000, while for private institutions, the cost is between $45,000 and $248,000.
• In 2022, there were 15,838 finance and financial management degree graduates, of which 72.45% were employed full-time.
• A a 7% growth in employment for business and financial operations occupations is projected from 2022 to 2032.
• Most personal financial advisors (63%) were employed in securities, commodity contracts, and other financial investments and related activities. Meanwhile, 17% worked in credit intermediation and related services, and 12% were self-employed.
• The BLS projects more than 911,000 openings for business and financial occupations each year from 2022 to 2032.

How does an online bachelor’s degree in finance compare to an on-campus program?

Here's a breakdown of how online and on-campus bachelor's degree programs in finance differ from each other:

Flexibility and Time Management

An online finance degree program offers unmatched flexibility for you to learn at your own pace, which makes it ideal for working adults, people with other commitments, and those who have busy schedules. An on-campus program, on the other hand, provides a very structured schedule with fixed class times and therefore requires more rigid time management.

Learning Style and Interaction

An online finance degree program relies heavily on self-directed learning through online materials and discussions. It offers very limited face-to-face interaction with professors and classmates. Meanwhile, with an on-campus program, you will benefit from in-person lectures, group projects, and opportunities for you to directly interact with your professors and classmates.

Cost and Location

An online program may be slightly cheaper due to lower overhead costs, but tuition can vary from school to school. Some schools or universities charge higher tuition rates for their online programs compared to on-campus ones. You will also need to factor in the cost of your equipment and your internet service. In terms of location, an online program offers you the benefit of attending your classes from anywhere with a stable internet connection.

An on-campus program is typically more expensive due to tuition, room and board, transportation, and other living expenses. It also ties you to a specific location for the duration of your studies.

Social and Networking Opportunities

An online program offers you fewer opportunities for building close relationships with your classmates and professors. An on-campus program, meanwhile, provides a vibrant campus life with opportunities for social interaction, networking, and building lasting connections.

Career Impact

A well-regarded online program with proper accreditation holds the same weight as an on-campus degree for most employers. An on-campus program might just offer a slight edge in networking and career opportunities.

How long does it take to complete an online bachelor’s degree in finance program?

Most online programs, whether it's finance vs accounting, follow a traditional semester system, typically taking four years to complete if enrolled full-time, which is equivalent to taking 12-18 credit hours per semester. Some programs offer it as an accelerated finance degree, allowing you to finish in less than four years by taking more credits per semester or attending summer sessions. Completion time might be as short as two years for highly motivated individuals.

If attending full-time is not feasible, many programs will allow you to enroll part-time which extends the completion timeframe. It could take five or more years to finish part-time.

Taking more credits per semester can accelerate your graduation, while fewer credits will extend the program length. Earning credit for prior learning experiences can also reduce the number of new courses you need to take, potentially shortening your time to completion. However, balancing work, family, and other obligations might require a slower pace, extending your program duration.

What is the average cost of an online finance degree program?

The average cost of an online bachelor’s degree in finance can vary significantly depending on several factors. For example, public schools generally have lower tuition fees than private schools. In-state students typically pay lower tuition than out-of-state students at public universities

In public institutions, the average tuition range is $38,000 to $61,000, while for private institutions, the cost is between $45,000 and $248,000.

Moreover, some schools charge a flat tuition rate for the entire program, while others charge per credit hour, which can lead to higher costs if you take more credits. Accelerated programs can be more expensive due to condensed timelines and higher credit loads per semester. Many programs have additional fees beyond tuition, such as technology fees, student activity fees, and course materials fees.

What are the prerequisites for enrolling in an online bachelor’s degree in finance program?

The bachelor's in finance degree requirements vary depending on the specific institution and program you choose. In 2022, there were 15,838 finance and financial management degree graduates, of which 72.45% were employed full-time. If you want to fast-track your studies and become part of this workforce, take note of the general requirements.

1. High school diploma or GED. This is the standard minimum requirement for any bachelor’s degree program.
2. Official transcripts. Submit transcripts from all high schools and colleges you attended.
3. ACT or SAT. Many schools still require standardized test scores, such as ACT or SAT, although some are moving towards test-optional policies. Check with the specific program you’re interested in to see if they require these scores.
4. Math placement test. Most finance programs require a certain level of math proficiency. You may need to take a placement test to determine if you need to take any prerequisite math courses before starting the program.
5. General education. Most programs will require you to complete some general education courses in areas like English, math, science, and humanities.
6. Business foundation courses. Since finance is closely related to a business degree, some programs may require you to take introductory courses in accounting, economics, and statistics before starting the finance major courses.

This chart shows the demand per functional area in public finance.

What courses are typically in an online finance degree program?

The specific courses offered in an online bachelor’s degree in finance program can vary depending on the university and its program structure. Your type of program, whether full-time or part-time, also influences course structure as most online students work full-time.

Here are some core courses that you can expect to find in most online bachelor’s degree in finance programs:

Core Finance Courses

1. Principles of Finance. This introductory course explores the fundamentals of financial markets, institutions, and instruments.
2. Financial Accounting. This covers the basic principles of accounting used by businesses to report their financial results.
3. Corporate Finance. This focuses on how businesses raise and manage capital, and make investment decisions.
4. Financial Modeling. This course teaches you how to build and use financial models to analyze and forecast business performance.
5. Investments. This course examines different investment types, portfolio management strategies, and risk analysis.
6. Financial Management. This explores how businesses manage their cash flow, working capital, and long-term debt.

Business Core Courses

1. Principles of Economics: This course covers the basic principles of microeconomics and macroeconomics, relevant to understanding the overall economic environment.
2. Marketing Principles: This course explores the fundamentals of marketing, including market research, product development, and pricing strategies.
3. Business Law: This covers legal issues relevant to businesses, such as contracts, torts, and agency law.
4. Management Information Systems: This introduces information technology concepts and their role in business operations.
5. Business Communication: This course helps you develop effective communication skills for writing and presenting business information.

Elective Courses

Most programs offer a variety of elective courses that allow you to specialize in a particular area of finance, such as:

1. Financial Planning: Retirement planning, estate planning, and wealth management.
2. International Finance: Global financial markets, foreign exchange, and international trade finance.
3. Fintech: The use of technology in financial services.
4. Data Analytics in Finance: Using data to analyze financial trends and make investment decisions.
5. Real Estate Finance: Financing commercial and residential real estate projects.

What career paths are available for graduates of online finance degree programs?

Graduates of online bachelor’s degrees in finance have a diverse range of exciting career paths available to them. Here are some popular options:

Traditional Finance

1. Banking: Loan officer, financial analyst, credit analyst, wealth management advisor, investment banker, risk management analyst.
2. Accounting: Staff accountant, auditor, tax analyst, forensic accountant.
3. Insurance: Underwriter, claims adjuster, risk analyst, actuary.
4. Investment Management: Investment analyst, portfolio manager, research analyst, financial advisor.
5. Real Estate: Financial analyst, appraiser, loan officer, property manager.

Emerging Fields

1. Fintech: Product manager, data analyst, risk analyst, blockchain specialist.
2. Financial planning: Certified financial planner (CFP), personal finance advisor, retirement planning specialist.
3. Data analytics: Financial data analyst, business intelligence analyst, quantitative analyst.
4. Risk management: Enterprise risk analyst, operational risk analyst, IT risk analyst.

Beyond Finance

1. Consulting: Management consultant, business consultant, financial consultant.
2. Government: Budget analyst, financial analyst, policy analyst.
3. Non-profit: Grant writer, program manager, development director.
4. Entrepreneurship: Starting your own finance-related business.

What are the typical salary of finance graduates in different career paths?

Understanding the earning potential associated with a finance degree can guide prospective students in selecting the right specialization and career path. Finance graduates can pursue a variety of roles, each offering unique finance major salary ranges depending on industry, location, and experience level. Here’s a breakdown of common finance career paths and their average salaries:

1. Financial Analyst: Financial analysts, who evaluate financial data and provide investment recommendations, have a median annual salary of around $81,000, with top earners making over $100,000 annually. Experienced analysts working in investment banking or corporate finance often see salaries increase significantly over time.
2. Personal Financial Advisor: With a focus on helping individuals manage their finances and plan for the future, personal financial advisors can earn a median salary of about $94,000. Top performers, especially those specializing in high-net-worth clients, can earn upwards of $160,000 annually. For more insights into career earnings, view this comprehensive guide on
3. Investment Banker: Known for their demanding work schedules but lucrative pay, investment bankers have a median salary of around $101,000, with potential bonuses that can double or triple total earnings based on performance. Roles at high-tier investment firms often provide some of the highest earning potentials in finance.
4. Financial Planner: Typically working with individuals or businesses to create financial strategies, financial planners earn an average salary of $87,000. Experienced financial planners with certification, such as a CFP, can earn well above the median, especially if they work with established firms or large portfolios.
5. Risk Manager: Focused on assessing and mitigating financial risks, risk managers enjoy a median salary of approximately $95,000, with potential for advancement into six-figure salaries as they gain experience. Risk management roles are essential in sectors like insurance, corporate finance, and investment banking.

How do you choose the best online finance degree program?

Finding the perfect online degrees in finance requires careful consideration of your goals and the program's offerings. Here's a guide you could follow to make your search easier:

Align with your Career Aspirations. Do you have a specific career path in mind, like investment banking, financial planning, or corporate finance? Research online programs that offer targeted electives or specializations aligned with your desired field. Consider programs with strong industry connections or internship opportunities to gain practical experience. Before deciding on a finance major, you should also look into all the different types of business degrees and salaries first just to cover your bases.

Evaluate Program Quality and Accreditation. Ensure the program is accredited by a reputable organization to ensure its credibility with employers. Research the program's curriculum, faculty expertise, and student support services. Look for online programs that offer a blend of theoretical knowledge and practical applications, like financial modeling or portfolio management simulations.

Consider Flexibility and Cost. Online programs offer unmatched flexibility, but self-discipline is crucial for success. Factor in tuition fees, technology requirements, and potential savings on commuting or housing (compared to on-campus programs). Some schools might offer scholarships or financial aid specifically for online learners.

Outside of the most affordable online finance degree program, schools now offer low cost medical assistant programs.

Why Accreditation Matters in Online Finance Degree Programs

When choosing an online finance degree program, one of the most important factors to consider is accreditation. Accreditation ensures that a degree program meets the high educational standards set by recognized accrediting bodies. In the case of online finance degrees, it guarantees that the program provides a robust curriculum, qualified instructors, and the skills needed for success in the finance industry. But why does accreditation matter so much for prospective students?

Quality Assurance and Educational Standards

Accredited online finance programs are evaluated by independent agencies, ensuring that they meet rigorous academic and professional standards. This means that the knowledge and skills you gain from an accredited program will be up to industry standards, preparing you for real-world challenges in finance. Without accreditation, a program might lack the resources, faculty, or curriculum depth required to provide a quality education.

Career Opportunities and Employer Recognition

Employers highly value candidates who have graduated from accredited programs because it provides assurance that the candidate has received a well-rounded education that aligns with industry requirements. Many employers specifically look for candidates with degrees from accredited institutions, and some even exclude non-accredited programs from their hiring pools. If you want to ensure that your degree opens doors to job opportunities in finance, attending an accredited program is crucial.

Licensing and Certification Eligibility

For students pursuing certifications, such as the Chartered Financial Analyst (CFA) or Certified Financial Planner (CFP) designation, attending an accredited finance program is often a requirement. Many certification boards and licensing agencies only accept graduates from accredited programs, which can restrict your career progression if you choose a non-accredited program.

Financial Aid and Loan Eligibility

Students enrolled in accredited online finance degree programs are eligible for federal financial aid, including student loans, grants, and scholarships. Without accreditation, students may be ineligible for these financial aid options, which could make an online degree more expensive and less accessible. Accredited programs also offer more opportunities for scholarships, which can help reduce the overall cost of tuition.

Transferability of Credits

Accredited programs are more likely to allow for credit transfers between institutions. If you decide to switch schools or pursue further education, attending an accredited program ensures that your earned credits are more likely to be recognized by other universities, saving you time and money.

Global Recognition

Accreditation also ensures that your degree is recognized internationally, which is particularly important if you're considering a career in global finance. Graduates from accredited programs have an easier time finding employment with multinational corporations or in global financial markets, where accredited degrees are a standard requirement.

If you're looking for affordable, accredited online finance degree programs that meet high educational standards, explore the cheap accredited online colleges to find the best options available to you.

What are the financial aid options for students enrolling in an online finance degree program?

Earning your online bachelor’s degree in finance can open doors to exciting career opportunities. But while this is considered one of the most useful online degrees and one that can be financially rewarding, navigating the financial aid landscape can feel overwhelming. The national average state and local funding per student increased in 2021-22 for the tenth consecutive year. State and local funding per student reached $10,240 in 2021-22, the highest level since 1999-2000.

Here is a breakdown of potential financial aid options to help fund your education:

Federal Aid

1. Federal Pell Grant: This need-based grant is awarded to undergraduate students with exceptional financial needs and does not require repayment.
2. Federal Stafford Loans: These subsidized and unsubsidized loans offer competitive interest rates and flexible repayment options. Remember, loans accumulate interest and should be used responsibly.
3. Federal Work-Study Program: This program allows you to earn money through part-time jobs on campus or with approved community organizations.

State and Institutional Aid

1. State grants: Many states offer need-based and merit-based grants to residents pursuing higher education. Research your state’s specific programs and eligibility requirements.
2. Institutional scholarships: Universities often offer scholarships based on academic merit, financial need, specific areas of study (like finance), or other criteria. Explore the financial aid pages of your chosen schools to discover available options.

Other Scholarship Opportunities

1. Private scholarships: Numerous organizations, foundations, and companies offer scholarships for students pursuing specific fields like finance. Utilize scholarship search engines and financial aid resources to find relevant opportunities.
2. Professional organizations: Associations like the Financial Planning Association (FPA) or the National Association of Certified Public Accountants (AICPA) may offer scholarships to finance students.
3. Employer-sponsored tuition assistance: If you’re currently employed, inquire about your employer’s tuition reimbursement program, which can significantly reduce your out-of-pocket costs.

Should I Pursue an Advanced Degree to Amplify My Finance Career?

For professionals aiming to secure leadership roles and expand their strategic insight, obtaining an advanced degree can serve as a catalyst for accelerated career growth. Graduate studies offer specialized coursework, industry-focused research, and enhanced networking opportunities that build upon the foundation of an online finance degree. Moreover, these programs help refine critical soft skills and provide access to career development resources tailored to high-level positions. For those interested in a comprehensive graduate experience that complements an undergraduate education, exploring options such as the AACSB online MBA could be a strategic next step toward achieving broader career opportunities in finance.

What is the job market for graduates with an online degree in finance?

The job outlook for finance majors is generally positive.

The Bureau of Labor Statistics projects a 7% growth in employment for business and financial operations occupations from 2022 to 2032. This includes roles like financial analysts, financial advisors, and loan officers. Fintech advancements are creating new opportunities in areas like data analytics, cybersecurity, and AI-driven financial solutions.

While some employers might still hold traditional biases, acceptance of online degrees is increasing as online education gains wider recognition and accreditation. Employers are prioritizing relevant skills, work experience, and certifications over the mode of your degree acquisition.

The image below shows that the BLS projects more than 911,000 openings for business and financial occupations each year in the country from 2022 to 2032.

What is the return on investment for an online finance degree?

Online finance degree programs can deliver a strong return on investment by balancing lower tuition fees, flexible learning, and accelerated completion timelines. Graduates often experience notable salary increases and career progression shortly after finishing their studies. Cost factors such as tuition, financial aid, and the opportunity to fast-track learning are pivotal in determining overall ROI. Employers recognize accredited online programs, which further enhances the financial value of the degree. Additionally, pursuing advanced studies such as the cheapest masters in finance can build on this solid foundation to boost long-term earning potential and career advancement.

How do online finance degree programs integrate ESG and sustainable finance principles?

Online finance degree programs are increasingly incorporating courses that focus on Environmental, Social, and Governance (ESG) criteria, corporate social responsibility, and ethical investing. These programs are designed to equip students with the analytical tools and decision-making frameworks necessary to assess sustainability risks and opportunities in global markets. Curricula often include case studies on sustainable business practices, regulatory frameworks related to ethical finance, and seminars led by industry experts on emerging trends in responsible investing. For professionals seeking to further blend financial expertise with leadership in sustainability, exploring options such as a low cost executive MBA program can be a strategic next step.

Is an Online Finance Degree a Viable Alternative to an MBA in One Year Online?

Online finance degree programs provide an in‐depth focus on financial theory, quantitative analysis, and investment strategies that respond directly to today’s dynamic markets. These programs are structured to build specialized technical expertise and analytical rigor for roles in financial management, risk assessment, and investment analysis. By contrast, accelerated formats such as the MBA in one year online emphasize broad business strategy, leadership, and managerial skills designed for swift career progression across multiple disciplines. The selection between the two should be guided by your career objectives—whether you seek targeted financial expertise or a comprehensive, leadership‐oriented business education.

What types of specializations are available in online finance degree programs?

Finance programs offer various specializations catering to diverse career paths. Based on my research, these are the most sought-after specializations in a finance degree:

1. Financial Planning. Focuses on personal financial management, budgeting, investment planning, and retirement strategies.
2. International Finance. Focuses on financial management in a global context, covering international investment, currency markets, and risk management.
3. Real Estate Finance. Specializes in real estate investment and valuation, addressing financial aspects of the real estate industry.
4. Entrepreneurial Finance. Focuses on financing strategies, capital raising, and management specific to entrepreneurial ventures.
5. Banking. Explores the intricacies of banking operations, regulations, and services, including commercial and investment banking.

Students who wish to move up the ranks or have expanded roles may take up a master’s degree in finance where these specializations are explored more thoroughly and are tailored to meet the demands of higher-level positions. Meanwhile, students who pursue a PhD in finance focus on qualitative and quantitative research methods in finance and business, allowing them to become educators in postsecondary institutions or researchers. On the other hand, a DBA in finance emphasizes the application of theoretical concepts to real-world financial challenges.

Needless to say, the finance industry is competitive, and standing out requires showcasing special skills, experience, and relevant certifications.

The chart below shows some of the top-paying industries for financial managers.

What technological tools and platforms enhance learning in an online finance degree program?

Technology plays a crucial role in online finance degree programs, offering students the tools needed to deepen their learning, engage in practical applications, and prepare for the digital-driven finance industry. Here are some essential technological resources commonly integrated into these programs:

• Financial Modeling Software. Many programs use platforms like Excel, MATLAB, and R for financial modeling exercises. These tools help students analyze data, create financial projections, and build models to simulate real-world financial scenarios.
• Virtual Trading Simulators. Stock trading simulators such as StockTrak or TD Ameritrade’s thinkorswim platform allow students to practice investing and managing portfolios with virtual capital. These platforms simulate live market conditions, helping students develop investment strategies and understand market dynamics without financial risk.
• Data Analytics Tools. Finance programs often incorporate data analytics platforms like Tableau, Power BI, and Python to teach students how to interpret large data sets. These tools are essential for roles in financial analysis and data-driven decision-making, allowing students to visualize data and derive insights.
• Learning Management Systems (LMS). Online programs rely on LMS platforms such as Canvas, Blackboard, or Moodle for course management. Students access lectures, complete assignments, participate in discussions, and monitor progress in one central online environment.
• Financial Databases. Programs often provide access to financial databases like Bloomberg, Reuters, or Morningstar, giving students hands-on experience with data sources used by finance professionals. These databases help students stay informed about market trends and conduct thorough financial research.
• Collaboration and Communication Tools. Platforms like Zoom, Microsoft Teams, and Slack are widely used for virtual collaboration, group projects, and real-time communication with peers and instructors. These tools foster an interactive learning environment and allow students to develop teamwork skills essential in the finance industry.

How do online finance degree programs prepare graduates for industry certifications?

Industry certifications are highly valued by employers in the finance sector, as they signify expertise and commitment to professional development. Online finance degree programs often integrate preparation for these certifications into their curriculum, providing students with a competitive edge in the job market. Here’s how these programs align with professional certification goals:

Curriculum Design for Certification Relevance

Many online finance degree programs structure their courses to overlap with the knowledge areas required by certifications such as the Chartered Financial Analyst (CFA) or Certified Financial Planner (CFP). For example, topics like investment analysis, portfolio management, financial planning, and ethics are common in both the coursework and the certification exams.

Exam Preparation Resources

Some programs go beyond traditional coursework by offering specialized study materials, practice exams, and review sessions tailored to certification exams. These resources are often developed with input from industry professionals to mirror the format and rigor of the actual examinations.

Practical Skills Development

By incorporating simulation tools, case studies, and real-world financial exercises, online finance programs ensure students are not only prepared theoretically but also possess the practical skills required to excel in certification assessments. These hands-on experiences often align with the application-focused components of many finance certifications.

Networking Opportunities with Certified Professionals

Accredited online finance programs frequently provide access to networking events, guest lectures, and webinars featuring certified professionals. These interactions help students gain valuable insights into the certification process and the career benefits they confer.

Flexibility for Ongoing Preparation

The asynchronous nature of online learning allows students to balance their studies with independent preparation for certification exams. This flexibility ensures that they can dedicate time to self-study or external review courses while completing their degree program.

By aligning their curricula with certification standards and supporting students through tailored resources, online finance degree programs play a pivotal role in helping graduates achieve prestigious credentials, enhancing their career prospects across diverse finance roles. For those wondering, "Is finance a good career path?", these programs provide the skills and knowledge necessary to excel in this dynamic and rewarding field.

How Do Online Finance Degree Programs Enhance Career Support and Networking?

Online finance degree programs increasingly integrate tailored support services that are critical for industry engagement and professional growth. Dedicated career centers provide resume workshops, interview preparation, and campus recruiting events designed specifically for finance roles. In parallel, robust alumni networks and mentoring initiatives enable meaningful connections with established professionals, fostering both immediate job placement and long-term career development. Furthermore, some institutions extend their support services to guide students toward online business degree programs accredited, broadening the pathway to complementary expertise in the business domain.

Is an Accelerated Online MBA a Beneficial Next Step for Finance Graduates?

Graduates of online finance degree programs seeking to rapidly expand their strategic and leadership competencies may consider an accelerated online MBA. This pathway offers a condensed, focused curriculum that integrates advanced business concepts with pragmatic financial analysis. It is designed to foster high-level decision-making and innovation, making it a compelling option for professionals aiming to fast-track career progression. For further exploration of such expedited graduate opportunities, review our article on the best accelerated online MBA programs.

How Do Online Finance Degree Programs Adapt to Emerging Industry Trends?

Online finance programs are increasingly revising their curricula to integrate modules on fintech, blockchain, artificial intelligence, and cybersecurity. They collaborate with industry experts to update course content in line with evolving digital financial services and regulatory changes, ensuring that students learn the latest analytical techniques and technological applications. Increasingly, these programs offer elective courses and specialized workshops that address topics such as algorithmic trading and digital currency management, further bridging the gap between academic theory and industry practice. For professionals seeking an expedited pathway to advanced leadership roles, the incorporation of accelerated learning opportunities, such as MBA fast track programs, can enhance strategic decision-making capabilities necessary for adapting to this dynamic environment.

Other Things You Need to Know About Online Finance Degree Programs

Is BS Finance hard?

The difficulty of a BS in Finance program depends on individual aptitude, dedication, and prior experience with quantitative concepts. Finance programs often involve challenging coursework in mathematics, statistics, and financial analysis. Students comfortable with analytical thinking and motivated to grasp financial principles may find the program manageable. While perceived difficulty varies, a strong work ethic and genuine interest in finance contribute to mastering the challenges presented in a BS in Finance program.

Is Finance BS or BA?

Generally, finance degrees can be offered as both BS and BA. A BA in Finance covers many courses, including language, history, psychology, and communications. On the other hand, a BS in Finance will have a mix of general education courses and finance and math topics. Moreover, a BBA in Finance integrates finance studies with broader business education, covering topics in financial management, business strategies, economics, accounting, and risk planning. Choosing between these options allows students to tailor their academic experience based on their preferences and career aspirations.

Which bachelor’s degree is best for a career in finance?

The optimal choice of the best bachelor’s degree depends on your specific aspirations and career goals within the broad field. Here are some of the common degrees and their suitability for different career paths:

• Bachelor of Science in Finance (BSF). This degree is ideal for individuals seeking a well-rounded, quantitative foundation in finance theory and practice. This degree covers core areas like financial markets, investments, corporate finance, and risk management. It prepares you for a diverse range of entry-level positions in investment banking, financial analysis, and corporate finance.

• Bachelor of Arts in Finance (BAF). This degree is ideal for individuals aiming for a broader education with a finance focus, incorporating elements of liberal arts and humanities alongside core finance courses. This degree can be beneficial for careers in financial journalism, financial advising, or public finance.

Other relevant degrees include accounting, economics, and mathematics or statistics.

1. Accounting: Strong foundation in accounting principles and financial reporting, particularly valuable for careers in auditing, taxation, and corporate finance.
2. Economics: Focuses on the broader economic landscape and its impact on financial markets, suitable for research-oriented roles or careers in policy analysis.
3. Mathematics or Statistics: Strong quantitative skills highly sought after in quantitative finance, risk management, and data analysis roles.

Which is better, Accounting or Finance?

Accounting is focused on meticulous record-keeping, financial reporting, auditing, and compliance, making it suitable for those interested in detail-oriented roles. Finance, on the other hand, encompasses a broader range, including investment analysis, financial planning, and strategic decision-making. The “better" option varies. Those inclined toward structured processes may prefer accounting while individuals seeking a dynamic field with strategic implications may opt for finance. 

What practical experiences and internship opportunities are available for finance degree students?

Finance degree programs offer a wealth of practical experiences and internship opportunities to prepare students for the professional world. Internships are typically available at banks, investment firms, corporate finance departments, and governmental financial agencies, providing hands-on experience in real-world financial operations. Students may engage in tasks such as financial analysis, risk assessment, investment research, and portfolio management. Many programs also offer experiential learning opportunities through finance labs, where students can practice trading simulations and financial modeling. Additionally, participation in finance clubs and competitions, such as stock trading contests or case studies, further enhances practical skills and industry knowledge.

References:

• U.S. Bureau of Labor Statistics. (2023b, September 6). Occupational Outlook Handbook: Business and financial occupations. BLS.
• U.S. Bureau of Labor Statistics. (2023a, September 6). Occupational Outlook Handbook: Personal financial advisors. Occupational Outlook Handbook. BLS. 
• Chernev, B. (2021). 29 Astonishing E-learning Statistics for 2021. Techjury. 
• Corporate Finance Institute. (2020). Finance Definition. Corporate Finance Institute.
• Ewing, J. (2020). United States is the richest country in the world, and it has the biggest wealth gap. NY Times.
• Government Finance Officers Association (2023). Employment Landscape of the State and Local Public Finance Workforce. gfoaorg.
• McGrath, M. (2020). A Global Financial Literacy Test Finds That Just 57% Of Adults In U.S. Are Financially Literate. Forbes.
• Sarkar, S. (2020). A Brief History of Online Education. Adamas University.