2026 Most Affordable finance Degree Programs Ranking in Tennessee

What can I expect from finance degree in Tennessee?

The average annual cost for a finance degree in Tennessee sits around $10, 000 for in-state students attending public universities, which many graduates find surprisingly manageable. For instance, students at the University of Tennessee often mention relief at the affordability compared to out-of-state options, especially when balancing tuition with living expenses. Community colleges also offer lower-cost alternatives, making the path to a four-year finance degree less daunting financially.

One graduate reflected on how the reasonable tuition allowed them to focus more on internships rather than part-time jobs, enhancing practical skills and job prospects. However, it's worth considering that costs may vary depending on the institution's resources or program offerings. Private colleges, for example, might come at a higher price but offer unique networking opportunities or fintech-focused courses that public universities are only beginning to introduce.

In this way, while tuition averages are reassuring, students should weigh cost against the specific value each finance program provides, tailored to their career goals in Tennessee's evolving financial landscape.

Where can I work with finance degree in Tennessee?

Finance graduates from universities such as the University of Tennessee and Belmont often find themselves drawn to banking and financial services in Nashville, a hub for regional banks and financial institutions. These roles include positions like financial analysts and loan officers, offering a clear path for those eager to apply analytical skills in real-world settings. Graduates speak positively about entering dynamic workplaces where the median wage around $77, 000 reflects tangible reward for their efforts.

Others build careers in corporate finance at companies like FedEx in Memphis, tackling budgeting and risk management tasks crucial to large businesses. This sector demands adaptability and strategic thinking, with many graduates appreciating the opportunity to influence high-level decisions.

Insurance and investment firms in Knoxville and beyond offer alternative routes, often requiring additional certifications but rewarding persistence with specialized roles in underwriting or wealth management. Some former students highlight government positions-such as those in state treasury offices-as appealing for stability and meaningful community impact.

How much can I make with finance degree in Tennessee?

Graduates with a finance degree in Tennessee often find their earning potential varies widely depending on their chosen career path and experience. Entry-level financial analysts from universities such as the University of Tennessee or Belmont College typically start with salaries near $50, 000 to $60, 000 annually. However, the U. S. Bureau of Labor Statistics data shows that more experienced financial analysts in Tennessee can earn mean salaries around $112, 950 per year, reflecting growth with skill and responsibilities.

Finance graduates pursuing roles as financial advisors enjoy even higher earnings, with mean annual wages near $150, 670, according to national data. This represents a lucrative opportunity, especially for those in Nashville's financial sector. Credit analysts and insurance underwriters often report mean earnings of about $94, 750 and $85, 610, respectively, offering stable mid-level salary options.

Graduates from Tennessee colleges celebrate their ability to enter rewarding finance careers with upward salary mobility, particularly after acquiring certifications or specialized experience. Realistically, the dynamic Tennessee job market influences these outcomes, so graduates often balance salary expectations with local demand and growth potential in finance-related roles.

How long does it take to complete finance degree in Tennessee?

Completing a finance degree in Tennessee typically depends on the program level and study format a student chooses. Most students pursuing a traditional bachelor's in finance at institutions like the University of Tennessee - Knoxville find themselves engaged in about four years of full-time study. This timeline is a familiar rhythm for many undergraduates navigating finance, balancing classes in economics, accounting, and statistics.

For those starting with an associate degree at community colleges such as Nashville State or Chattanooga State, the journey is shorter-usually around two years. Graduates often describe this path as a practical stepping stone, providing foundational skills without the extended commitment of a bachelor's program.

Graduate students, including those focusing on an MBA or a Master's in Finance at Vanderbilt University, encounter more flexibility. Many complete their degrees in one to two years, especially when leveraging accelerated options. Part-time study, while extending completion time, gives working professionals the chance to pursue advancement without sacrificing their current roles-something many appreciate deeply when balancing career and education.

• Full-time bachelor's degree: about 4 years
• Associate degree: about 2 years
• Master's degree or MBA (finance focus): 1 to 2 years, depending on the program design

What's the difference between online and on-campus finance degree?

Choosing between online and on-campus finance degrees in Tennessee often means weighing flexibility against direct interaction. Online programs from schools like Middle Tennessee State University allow students to juggle work and family while completing coursework at their own pace. Graduates appreciate this independence but note it requires strong self-discipline and comfort with digital tools.

On the other hand, traditional on-campus degrees at institutions such as Tennessee Tech University offer face-to-face connections that many find motivating. Students enjoy spontaneous conversations with professors and peers, participating in internships and finance clubs, which builds a supportive community and valuable local networks, especially in cities like Nashville and Knoxville.

Cost is another consideration. Online learners often save on commuting and housing, making tuition more affordable, yet some public on-campus programs offer competitive in-state rates. Both paths cover similar finance fundamentals, but experiences differ-some graduates from on-campus programs value access to campus resources, while online graduates highlight time management skills gained.

What is the average cost of finance degree in Tennessee?

The average cost of a finance degree in Tennessee generally falls around $18, 000 for in-state students, reflecting median tuition and fees. This cost can vary widely depending on the institution attended and residency status. For example, graduates from well-known public universities in Tennessee often find their total expenses more manageable compared to those attending private colleges, where tuition can be substantially higher. These cost differences play a significant role when evaluating affordable finance degree programs Tennessee 2026 and beyond.

Living expenses and additional fees impact the total investment required to earn this degree. Many finance students at popular state universities share experiences of balancing part-time work with studies to offset housing and supply costs, which often approach $12, 000 annually. Such real-life budgeting challenges highlight the importance of considering the full financial picture rather than tuition alone.

Financial aid options and transfer pathways also affect actual out-of-pocket costs. Programs like Tennessee Promise help reduce the burden by enabling students to complete initial coursework at community colleges at a lower cost. Some graduates emphasize how starting at community colleges before moving to universities not only lightened their debt load but also offered a strong foundation for their finance studies.

Besides traditional four-year degrees, some students explore accelerated choices such as one year online masters programs in finance, which may offer competitive cost advantages and flexibility to continue working while studying.

Professional Certifications to Elevate Your Finance Career

Earning a finance degree in Tennessee lays a strong foundation, but pursuing industry-recognized certifications can significantly boost your marketability, salary potential, and expertise. Here are the top credentials to consider: • Chartered Financial Analyst (CFA): Widely regarded as the gold standard for investment professionals, the CFA program covers portfolio management, ethics, and equity analysis. Passing all three levels demonstrates advanced analytical skills and global finance knowledge. • Certified Financial Planner (CFP): Ideal for those focused on personal financial planning, the CFP designation emphasizes retirement, estate planning, and tax strategies. It enhances trust with clients and can lead to higher advisory fees. • Financial Risk Manager (FRM): Offered by the Global Association of Risk Professionals, the FRM credential specializes in market risk, credit risk, and operational risk. It’s highly valued in banking and corporate risk departments. • Certified Public Accountant (CPA): Essential for roles in auditing, tax, and financial reporting, the CPA license requires passing a rigorous exam and meeting state-specific experience requirements. It opens doors to leadership positions in accounting firms and corporate finance. • Certified Treasury Professional (CTP): Focused on cash management and corporate treasury operations, the CTP certification is perfect for professionals managing liquidity and funding strategies. Preparing for these exams typically involves 300–400 hours of study per level and costs ranging from $1,000 to $3,000 in fees and materials. Many Tennessee universities and online platforms offer prep courses and study groups to help you succeed. For graduates aiming to move into strategic leadership roles, understanding how to become a financial manager provides a clear roadmap to senior-level responsibilities, from team oversight to long-term financial planning. Investing in the right certification not only validates your expertise but also aligns your credentials with employer expectations in Tennessee’s competitive finance sector.

What financial aid is available to finance degree students in Tennessee?

Finance students in Tennessee often rely first on federal aid through FAFSA, unlocking access to Pell Grants that can reduce costs by up to $7, 395 annually for those with demonstrated need. For many, this aid alleviates pressure and makes attending prominent public universities like the University of Tennessee more feasible. One graduate recalls how receiving a Pell Grant enabled focus on studies rather than juggling multiple jobs.

State scholarships such as the Tennessee Education Lottery Scholarship (TELS) and HOPE programs provide further relief, rewarding academic achievement and financial need. At Belmont University, finance students have noted these awards significantly defray tuition, reflecting how state initiatives actively support in-state learners.

Universities often supplement with merit-based scholarships and departmental grants specific to business or finance, easing expenses and sometimes funding internships. These layered aids demonstrate a robust but competitive system requiring proactive engagement.

While student loans remain a tool, caution is advised to avoid excessive debt. Graduates emphasize prioritizing federal loans over private ones due to better terms and repayment options, underscoring the importance of informed financial decisions.

Return on Investment (ROI) for Finance Degrees in Tennessee

Investing in a finance degree requires a clear understanding of how tuition costs translate into career earnings. On average, Tennessee residents pay approximately $24,000 per year for in-state tuition in public universities and up to $37,000 annually at private institutions. Graduates entering roles such as financial analysts and credit analysts report starting salaries between $57,728 and $92,180, allowing many to recoup their educational investment within four to six years. When calculating ROI, consider the total cost of attendance—including fees, books, and living expenses—against median early-career salaries. For example, a student who graduates debt-free through scholarships and grants may see an ROI exceeding 150% over ten years, while those financing 70% of costs through loans might still achieve a positive return in under a decade. These figures demonstrate the long-term value of a finance degree, especially when paired with internships and part-time roles that reduce the need for student loans. For students seeking even more budget-friendly pathways, our Inexpensive Online Finance Degree Programs Ranking in Columbia, MO provides a detailed comparison of programs that minimize out-of-pocket expenses while maintaining strong job placement rates. By leveraging state-specific financial aid, employer tuition reimbursement, and accelerated degree options, prospective students can optimize net present value (NPV) and maximize lifetime earnings. Ultimately, a strategic approach to financing education—balancing scholarships, work-study, and loan repayment plans—ensures a robust ROI, solidifying a finance degree in Tennessee as a high-value investment for career growth.

What are the prerequisites for enrolling in finance degree program in Tennessee?

Enrolling in a finance degree program in Tennessee typically requires a high school diploma or an equivalent like a GED, emphasizing strong performance in math courses such as algebra and geometry. Graduates from the University of Tennessee campuses often reflect on how their solid quantitative skills made early coursework manageable and even enjoyable, highlighting the value of math proficiency before starting the program.

Standardized tests like the SAT or ACT remain important for many institutions, although test-optional policies exist. Students with average SAT scores between 1100 and 1250 tend to feel more confident during admissions, especially at public universities, which reinforces the benefit of preparing for these exams if possible.

Beyond these basics, finance programs often require or recommend introductory courses in economics, accounting, or business fundamentals. Graduates recall that early completion of such prerequisites smoothed their transition into complex subjects like financial modeling and data analysis. This practical foundation paired with critical thinking skills builds a strong sense of readiness and motivation for the challenges ahead.

What courses are typically in finance degree programs in Tennessee?

Finance degree programs in Tennessee commonly include courses such as Principles of Finance and Financial Accounting, which provide essential tools for understanding financial statements and market operations. Graduates from institutions like the University of Tennessee often recall how Managerial Finance courses challenged their ability to apply strategic decision-making in real business contexts, enhancing both their analytical and leadership skills.

Many programs also cover Investments and Portfolio Management, helping students familiarize themselves with stock market dynamics and risk assessment. For students attending schools like Middle Tennessee State University, these courses translate into vivid, real-world scenarios, such as evaluating mutual fund options or constructing diversified portfolios, which many find motivating and intellectually rewarding.

Tennessee's programs typically emphasize Corporate Finance and Financial Markets, clarifying complex topics such as capital structure and regulatory environments. Graduates appreciate how Risk Management and International Finance courses prepare them to navigate unpredictable global markets, giving them confidence to handle diverse challenges.

Some students mention that the blend of quantitative subjects like statistics and econometrics adds rigor, but also occasional frustration, which pushes them toward stronger problem-solving capabilities-essential for success in finance careers in Tennessee's competitive job market.

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

Finance degree specializations in Tennessee typically include Investment Analysis and Portfolio Management, Corporate Finance, Financial Planning and Wealth Management, Risk Management and Insurance, and Banking and Financial Institutions. Graduates from universities such as the University of Tennessee and Belmont University often highlight how these tracks provide practical, career-focused knowledge that aligns with local industry demands. For instance, students pursuing Investment Analysis find themselves drawn to internship opportunities in Nashville's growing finance sector, helping them feel confident navigating complex markets.

While these specializations offer clear pathways, potential students should critically consider how each aligns with their personal interests and career goals. A graduate from a popular college in Tennessee recalled how focusing on Risk Management deepened their understanding of mitigating financial risks, a crucial skill for roles in insurance firms. Additionally, exploring finance career tracks Tennessee can guide informed decisions about program selection, especially given the diverse options available.

Many students also appreciate programs that blend classroom learning with hands-on experience. Those seeking accessible entry points into finance might explore open admission colleges offering finance degrees to balance ambition with flexibility and affordability.

How do you choose the best finance degree in Tennessee?

Choosing the best finance degree programs in Tennessee requires attention to accreditation, as graduates from AACSB-accredited schools like the University of Tennessee report greater confidence entering competitive job markets. However, accreditation alone doesn't dictate success; some students find value in hands-on opportunities, such as internships provided by colleges in Nashville or Memphis, which enhance real-world skills and networking.

Cost is another critical consideration reflecting personal circumstances. For example, students attending public universities appreciate the lower average tuition around $11, 600, making affordable finance degrees Tennessee ranking a useful factor when balancing expenses with potential earnings. Yet, others willingly invest more at private institutions, valuing smaller classes and personalized faculty guidance that some graduates say enriched their learning experience.

Curriculum flexibility and relevance also weigh heavily. It's beneficial to identify whether a program aligns with specific career goals; say, in corporate finance versus investment management. Graduates frequently mention that courses integrating experiential learning helped them understand industry demands better. Additionally, exploring what what bachelor's degrees make the most money can clarify how finance studies may translate into future earnings.

What career paths are available for finance degree students in Tennessee?

Graduates with a finance degree in Tennessee find diverse career paths that reflect the state's economic strengths and educational offerings. For example, many graduates from universities in Nashville and Knoxville pursue roles as financial analysts, leveraging strong analytical skills to evaluate data and guide investment strategies. These positions offer median wages around $88, 000 nationally, with competitive salaries in Tennessee's urban centers, making them appealing for those who enjoy data-driven decision-making.

Others opt for accounting or auditing, roles prominent in sectors like healthcare and manufacturing. These graduates often seek CPA certification to enhance their prospects. Students at Tennessee's prominent institutions frequently share positive experiences about how their education prepared them to navigate complex regulatory environments, emphasizing practical skills over theoretical knowledge.

Career opportunities also extend to banking, with roles such as loan officers, credit analysts, and financial advisors. Especially in Tennessee's robust banking sector, financial advisors help customers plan for retirement or manage investments, with salaries ranging from $65, 000 to $90, 000. Many graduates appreciate how their education supports tangible, impactful client relationships.

Considering the finance degree career opportunities in Tennessee, technology-driven roles in financial planning and corporate finance attract new graduates aiming to integrate financial management with evolving industry trends. Those exploring flexible options often find value at accredited online colleges for adults with free application, which help balance education with personal commitments.

What is the job market for finance degree in Tennessee?

The job market for finance degree holders in Tennessee shows promising signs, especially in metropolitan hubs like Nashville and Memphis where banks, insurance companies, and investment firms are concentrated. Graduates from well-known Tennessee universities often share positive experiences securing roles in corporate finance or financial management, reflecting the Tennessee finance job market outlook of steady expansion. The state's business-friendly policies and growing healthcare and technology sectors feed a rising demand for finance professionals, from entry-level analysts to seasoned managers.

Students pursuing finance degrees also appreciate Tennessee's relatively affordable tuition costs, typically ranging from $7, 000 to $13, 000 annually at public institutions. This combination of manageable education expenses and a regionally competitive salary range encourages many to invest in their degree locally. Internships offered through universities provide crucial hands-on experience, enhancing employment prospects.

While salaries for financial analysts and managers in Tennessee may be lower than in coastal metropolitan areas, the lower living costs make this trade-off attractive. Those seeking most affordable online schools for working adults may find Tennessee offers compelling options with solid employment opportunities. For students weighing finance degree employment opportunities in Tennessee, the mix of affordability, internship availability, and growing sectors suggests a realistic, hopeful pathway into the profession.