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The 43 Most Affordable Online Master’s in Finance Programs

Rankings of online master's in finance programsAn online master’s in finance is the best way to land a leadership position in business today. These professionals plan, manage and facilitate financial transactions and assets for businesses and individuals on a global scale. While most finance occupations only require a bachelor’s degree to get started, an online finance master’s degree will help you hone advanced skills, better prepare for certification exams, and build a professional network to expand your opportunities. The projected growth reported by the Bureau of Labor Statistics predicts a competitive market which prioritizes master’s degree students for leadership roles. Finance and accounting are some of the most important components of any organization, and they bring in some of the best salaries as well. However, these programs can cost more than you might expect as you search for the degree that meets your professional goals.

Looking for truly affordable online master’s in finance options? You’re in the right place! With over a $50,000 difference between the most affordable and most expensive schools, it pays to get educated before you enroll!

GetEducated compared 92 master’s in finance programs from 73 regionally accredited online schools to create this ranking. Below is our editorially independent list of the 43 Best Buys for an affordable online master’s in finance. All degrees cost less than the national average.

ARTICLE NAVIGATION: Rankings Table | Career Guide

Average Cost (In-state): ~$30,700
Least Expensive: University of the Cumberlands ~$10,165
Most Expensive: Georgetown University ~$77,664

Our data-driven research creates a truly reliable system of scientific rankings. There’s no fancy formulas here. We meticulously calculate total full-time tuition—including any fees—for the most accurate total cost. Our rankings cannot be bought, and therefore factually showcase the cheapest online master’s in finance. The online degrees listed above the gray dividing line are official 2022 “Best Buys” and cost less than the national average.

Most Affordable Online Master’s in Finance

RankSchool / DegreeStatePriceNote
1
University of the Cumberlands
(KY)
$10,165.00
All Students
2
University of North Carolina at Greensboro
(NC)
$11,972.20
$20,670.40
In-State
Out-of-State
3
Georgia Southern University
(GA)
$12,300.00
All Students
4
Texas A & M University - Commerce
(TX)
$14,744.00
$26,984.00
In-State
Out-of-State
5
University of Missouri-Columbia
(MO)
$14,787.00
All Students
6
University of Illinois at Springfield
(IL)
$15,415.50
All Students
7
University of Wyoming
(WY)
$16,500.00
All Students
8
University of North Carolina-Wilmington
(NC)
$17,358.90
$40,407.30
In-State
Out-of-State
9
University of North Dakota
(ND)
$17,464.80
All Students
10
Kansas State University
(KS)
$17,568.00
All Students
11
Colorado State University-Global Campus
(CO)
$18,000.00
All Students
12
Liberty University
(VA)
$18,046.00
$8,350.00
In-State/Out-Of-State
Military
13
SUNY Empire State College
(NY)
$18,076.00
$21,460.00
In-State
Out-of-State
14
University of Colorado Denver
(CO)
$18,780.00
$21,930.00
In-State
Out-of-State
15
University of Houston - Clear Lake
(TX)
$18,990.00
$34,650.00
In-State
Out-of-State
16
Colorado Christian University
(CO)
$19,350.00
All Students
17
University of Nebraska-Lincoln
(NE)
$19,500.00
All Students
18
University of Wisconsin-Whitewater
(WI)
$19,560.00
All Students
19
West Texas A & M University
(TX)
$19,578.60
$34,917.84
In-State
Out-of-State
20
University of Massachusetts-Lowell
(MA)
$19,770.00
All Students
21
Cambridge College
(MA)
$20,810.00
$16,320.00
In-State/Out-Of-State
Military
22
Elizabethtown College
(PA)
$20,850.00
All Students
23
Iowa State University
(IA)
$21,240.00
All Students
23
Montana State University
(MT)
$21,240.00
All Students
23
South Dakota State University
(SD)
$21,240.00
All Students
23
University of Missouri-Columbia
(MO)
$21,240.00
All Students
23
University of Nebraska-Lincoln
(NE)
$21,240.00
All Students
23
Oklahoma State University
(OK)
$21,240.00
All Students
23
North Dakota State University
(ND)
$21,240.00
All Students
24
University of Georgia
(GA)
$22,002.00
All Students
25
Gordon College
(MA)
$22,680.00
All Students
26
Southern New Hampshire University
(NH)
$22,722.00
$17,070.00
In-State/Out-Of-State
Military
27
American College of Financial Services
(PA)
$22,740.00
All Students
28
Regent University
(VA)
$22,850.00
$17,787.50
In-State/Out-Of-State
Military
29
Bellevue University
(NE)
$23,060.00
All Students
30
Johnson & Wales University
(RI)
$24,510.00
All Students
31
West Virginia University
(WV)
$24,600.00
All Students
32
Northwood University
(MI)
$25,780.00
All Students
33
Purdue University Global
(IN)
$26,214.00
$28,930.00
$19,120.00
In-State
Out-of-State
Military
34
University of Detroit Mercy
(MI)
$26,670.00
All Students
35
Walsh College of Accountancy and Business Administration
(MI)
$27,270.00
All Students
36
Auburn University
(AL)
$27,290.00
All Students
37
George Mason University
(VA)
$28,110.00
All Students
38
Webster University
(MO)
$28,180.00
$13,780.00
In-State/Out-Of-State
Military
39
Rowan University
(NJ)
$28,512.00
All Students
40
University of Scranton
(PA)
$28,950.00
All Students
41
University of Cincinnati
(OH)
$30,000.00
$30,450.00
In-State
Out-of-State
41
Florida International University
(FL)
$30,000.00
$33,600.00
In-State
Out-of-State
43
University of Michigan - Dearborn
(MI)
$30,440.00
$48,923.00
In-State
Out-of-State
NOTE: The following schools did not make our Best Buy ranking but are also great online options.
School / DegreeStatePriceNote
University of Arizona Global Campus
(CA)
$30,895.00
$13,650.00
In-State/Out-Of-State
Military
California Lutheran University
(CA)
$31,030.00
All Students
Youngstown State University
(OH)
$31,275.20
$32,265.20
In-State
Out-of-State
University of Oklahoma
(OK)
$31,520.00
All Students
North Central College
(IL)
$31,644.00
All Students
Purdue University
(IN)
$33,078.00
$34,578.00
In-State
Out-of-State
Golden Gate University
(CA)
$33,140.00
$14,690.00
In-State/Out-Of-State
Military
Creighton University
(NE)
$33,243.00
All Students
Saint Joseph's University
(PA)
$34,200.00
All Students
Pennsylvania State University
(PA)
$34,518.00
All Students
Marquette University
(WI)
$36,600.00
All Students
Boston University
(MA)
$37,925.00
All Students
University of Missouri-Columbia
(MO)
$39,726.00
All Students
Creighton University
(NE)
$41,058.00
All Students
College of William and Mary
(VA)
$42,345.00
All Students
Indiana University Online
(IN)
$43,470.00
All Students
Northeastern University
(MA)
$43,875.00
All Students
University of Washington
(WA)
$44,880.00
All Students
Santa Clara University
(CA)
$47,448.00
All Students
Johns Hopkins University
(MD)
$48,660.00
All Students
Northeastern University
(MA)
$49,200.00
All Students
Pace University
(NY)
$49,740.00
All Students
Bentley University
(MA)
$52,750.00
All Students
American University
(DC)
$54,520.00
All Students
Stevens Institute of Technology
(NJ)
$54,700.00
All Students
Johns Hopkins University
(MD)
$59,900.00
All Students
Fordham University
(NY)
$65,020.00
All Students
University of Miami
(FL)
$70,916.00
All Students
Georgetown University
(DC)
$77,664.00
All Students

Accreditation & Program Notes

To qualify for a ranking, a program must be regionally accredited. Additional programmatic accreditation is noted in the rank table.

14  Program is no longer accepting new students.
15  AACSB International (AACSB)
16  International Assembly for Collegiate Business Education (IACBE)
17  Accreditation Council for Business Schools and Programs (ACBSP)
20  American Association of Family and Consumer Sciences (AAFCS)

Rankings Note

These online college rankings are based on a GetEducated Winter 2021 review of regionally accredited master’s in project management online. Total cost includes full-time tuition and fees and was valid at the time of collection and specific to the online learning program. School profiles for the online master degree programs in our directory may reflect a slightly different cost based on different editorial update schedules.

The published cost is an estimated sticker price for the entire online degree including fees. Actual costs may vary by student. Factors such as transfer credits, prerequisite courses, professional licensing and financial aid availability will affect final cost.

Editorial Note

Online schools do NOT pay to be included in any GetEducated online degree ranking. These rankings are editorially independent, open to any regionally accredited or candidate college that offers a master’s degree that is available at least 80 percent through online learning and that is open to enrollment by the public. If your online college is regionally accredited and not currently reviewed by GetEducated, please contact us for inclusion.

These rankings of the cheapest online schools for project management may NOT be re-posted online or reprinted in any format without a license from GetEducated ®. Consumer finance bloggers and writers can contact our editors for a free custom article on the best master’s in project management online for use on your website. Our mission: Help consumers GetEducated ® about the best online colleges for cost and credibility.

Career Guide: Online Master’s in Finance

If you have completed a bachelor’s degree in finance, economics, accounting, or a similar area of study, you can boost your career with an online master’s in finance. These degrees expand your understanding of finance, shaping you into one of the most knowledgable experts in the field.

What to Expect from an Online Master’s in Finance

Finance is the study of money and trade. It’s an academic discipline that encompasses banking, lending, investments, and economic theories. There are also different types of finance, including personal, corporate, and government finance.

Finance is not easy. It’s a complex, challenging discipline that requires an aptitude for numbers and mathematical concepts. Throughout these degrees, you will be challenged in a fast-paced yet supportive learning environment, but when complete, you’ll have the ability to make solid financial decisions, adapt to a changing global economy, and use an ethical foundation to lead in finances and money.

These programs are master’s degrees, which means an additional two years (in most cases) of academic study. To be eligible, you’ll need a previous education in finances of a similar field. Most students will have a bachelor’s in finance or business, although students with experience in accounting, mathematics, and statistics could also qualify for these programs. You’ll have to speak with the institution of your choice to see if you are eligible for enrollment in the program.

The specific classes you take during an online master’s in finance will vary by the school. You may take a variety of classes that not only build your expertise in the current marketplace, but also help you understand the history of finance and economics. You may take classes on the history of economic theory, studying important figures such as Adam Smith, John Maynard Keyes, and Milton Friedman.

Most of the classes, however, will directly relate to your future career in finance. Classes will look at issues such as international finance, regional economics, global trade, and quantitative economics. From principles of finance to investment practices, you’ll leave these programs with a deep understanding of how finances work and how the economy functions.

Careers after a Master’s Degree in Finance

Once you complete these complex and demanding degrees, you’ll have the skills to work in a variety of money-focused professions.

Financial Analyst

  • Salary: $83,660
  • Education: Bachelor’s
  • Experience: None

A financial analyst helps people make decisions. They are skilled in guiding individuals and businesses to make the right choice for their future. This can mean which investment to select, what insurance to purchase, or whether to purchase a certain high-value item, such as a vacation home.

Although a financial analyst only requires a bachelor’s degree (as well as certain licensing), a master’s will significantly boost your earning potential. With more education, you may be able to work in certain sectors where the pay is higher, such as securities, commodities, and financial investments.

Economist

  • Salary: $108,350
  • Education: Master’s
  • Experience: None

Economists, who have a deep understanding of finances and the global economy, work for a variety of employers. Many work for the federal government, helping to guide decisions that impact people’s money. Some work for management or consulting firms, while others work in research departments.

Their main priority is to research economic issues, gather information, and relay this information in a clear and understandable manner. They may conduct surveys, analyze data, make financial forecasts, and recommend specific solutions to a variety of potential problems.

This career not only brings a strong pay, but it’s expected to grow by 13% between 2020 and 2030, making it one of the fastest-growing careers.

Licensing, Certification & Other Requirements for Financial Careers

Many financial careers don’t require licensing. For the most part, if you have the right education like an online master’s in finance, there is no legal requirement for working with finance.

There is, however, a major exception for financial advisors and analysts. If you are working as a financial expert who buys and sells investments on behalf of a business or individual, you will need licensing, most likely through the Financial Industry Regulatory Authority (FINRA). Most of the time, you will be hired by a company, then the company will pay for your licensing.

Certification is not required, but it can provide a major boost to your career. Certification from groups such as the CFA Institute could increase your knowledge and make you a more attractive job candidate.

Experience is usually required for management positions, such as a financial manager, a profession that oversees other financial analysts. Some economists may need experience in internships and research work before they can move into the top positions.