Finance Master’s At 100 Top Business Schools by: Ethan Baron on January 18, 2016 | 60,112 Views January 18, 2016 Copy Link Share on Facebook Share on Twitter Email Share on LinkedIn Share on WhatsApp Share on Reddit Columbia Business School Columbia University – Ethan Baron photo To get an idea of graduates’ outcomes from master’s in finance degrees at U.S. business schools, it’s helpful to take a look at Vanderbilt University’s Owen Graduate School of Management, which runs a nine-month finance master’s that costs just under $50,000. Average salary data is, of course, interesting and important. But probably more interesting and important than the fact that Owen’s 2015 finance grads earned an average salary of $70,000 is what kinds of positions those graduates ended up in: a whopping 42% in investment banking; 29% in investments and research; 16% in financial consulting and advisory; 8% in corporate finance; and 5% in real estate. At elite Columbia Business School, the highest-ranked institution in the top 100 to offer a finance master’s, the two-year financial economics program, which costs $53,000, prepares students for positions in investment and commercial banks, hedge funds, consulting firms, pension funds, and policy-focused groups. Columbia’s program is very small – there were only four students in the class of 2015, and 15 in the class of 2016, compared to 44 in Owen’s finance master’s class of ’15 – but since the degree was unveiled in 2013, every graduate has received an internship, full-time job, or entry into a graduate program within three years of graduation, according to the school. Finance Master’s At 100 Top Business Schools Rank School Program Duration Tuition 6 Columbia Business School Financial Economics 2 years $106,000 7 MIT Sloan School of Management Finance 1 year; 18 months 1 year: $75,850; 18 months: $100,350 8 U.C. Berkeley Haas School of Business Financial Engineering 1 year $66,082 14 UCLA Anderson School of Management Financial Engineering 13 1/2 months $58,986 16 NYU Stern School of Business Global Finance (executive) 60% in China, 40% in U.S. 1 year $69,000 18 University of Texas-Austin McCombs School of Business Finance <1 year In-state: $43,000; out-of-state: $48,000 19 Carnegie Mellon University Tepper School of Business Computational Finance 16 months $80,400 21 Indiana University Kelley School of Business Finance (online) 18 months (or up to five years) $38,100 23 Georgetown University McDonough School of Business Finance (online) 20 months $69,760 24 Notre Dame Mendoza College of Business Finance 1 year $57,100 25 Michigan State Broad College of Business Finance 1 year In-state: $37,500; out-of-state: $39,600 26 USC Marshall School of Business Finance 1 year $60,000 (includes program fees) 28 Vanderbilt University Owen GSM Finance 9 months $49,950 29 University of Minnesota Carlson School of Management Finance 1 year In-state: $41,265; out-of-state: $57,015 30 Washington University Olin Business School Finance 11 months $56,100 30 Washington University Olin Business School Finance (global) 11-20 months $45,400 for 2015/16 academic year, plus varying tuition at partner universities of $15,000-$30,000 31 Ohio State Fisher College of Business Finance 1 year In-state: $55,632; out-of-state: $55,642 34 Georgia Tech Scheller College of Business Quantitative and Computational Finance 18 months In-state: $25,461; out-of-state: $56,067 35 University of Maryland Smith School of Business Finance 9 months In-state: $46,140; out-of-state: $58,740 36 Arizona State Carey School of Business Finance 9 months In-state: $31,600; out-of-state: $47,800; international: $48,000 38 University of Rochester Simon Business School Finance (also part-time at Rochester and in New York City) 10 months or 17 months (internship track); (part-time: avg. 3 1/2 years Rochester; 13 months New York City) $75,000 ($70,000 with prior MBA degree); (part-time: $1,745/credit hour Rochester; $63,000 New York City) 39 Southern Methodist University Cox School of Business Finance 9 months $43,200 40 University of Pittsburgh Katz GSB Finance 8 months In-state: $27,218; out-of-state: $36,534 41 Texas A & M Mays Business School Finance 10 months $30,743 42 Boston University Questrom School of Business Mathematical Finance 18 months $72,123 (includes fees) 44 Purdue University Krannert School of Management Finance 10 months In-state: $42,000; out-of-state: $48,500 45 University of Illinois Urbana-Champaign College of Business Financial Engineering 15 Months $55,500 45 University of Illinois Urbana-Champaign College of Business Finance 15 Months $53,244 (+ $6,090 in fees) 46 University of Florida Hough GSB Finance 1 year $16,982; out-of-state: $40,173 49 George Washington University School of Business Finance 1 year (part-time: 24 months) $77,280 50 Temple University Fox School of Business Financial Engineering (also part-time) 10 or 22 months (part-time: 22 months) $32,460 50 Temple University Fox School of Business Financial Analysis and Risk Management 22 months (full-time); 3 years (part-time) $46,526 50 Temple University Fox School of Business Investment Management 10 or 22 months (full-time); 22 months (part-time) $32,460 51 Northeastern University D’Amore-McKim School of Business Finance (also part-time and online versions) 1 year (part-time: 21 months; online: 18 1/2 months) $44,280 52 University of Texas-Dallas Jindal SOM Finance 18 or 24 months In-state: 18 months: $23,967; 24 months: $26,760; out-of-state: 18 months: $45,444; 24 months: $48,452 53 University of Arizona Eller College of Management Finance (also part-time) 1 year (part-time: 16 months) Full-time: In-state: $30,392; out-of-state: $48,714; Part-time: In-state: $35,343; out-of-state: $62,826 58 University of Alabama Manderson GSB Finance 9 months In-state: $10,170; out-of-state: $25,950 (plus $2,500 in total course fees) 59 Boston College Carroll SOM Finance (also part-time) 1 year (part-time: avg. 20 months) $46,500 (full-time) 60 SUNY Buffalo SOM Finance 18 months In-state: $16,305 (+ $1,687 in fees/year); out-of-state: $33,315 (+ $1,687 in fees/year) Row:40 Cell:1 U.C. San Diego Rady SOM Finance 1 year $58,170 63 Tulane University Freeman School of Business Finance 11 or 18 months $56,100 66 University of Miami School of Business Administration Finance (also online version) 10 months (online: 16 months) $55,500 (online: $59,200) 68 Louisiana State Ourso College of Business Finance 36 credit hours (duration depends on courseload per semester) In-state: $12,463; out-of-state: $34,901 69 CUNY Baruch College Zicklin School of Business Finance 1 1/2 years In-state: $16,544; out-of-state: $27,797 (based on full-time for two terms, part-time for final term; tuition figures based on minimum 31.5 total credits) 69 CUNY Baruch College Zicklin School of Business Financial Risk Management 1 1/2 years In-state: $16,544; out-of-state: $27,797 (based on full-time for two terms, part-time for final term; tuition figures based on minimum 31.5 total credits) 70 University of Colorado Leeds School of Business Finance 1 year $35,446 72 Case Western Reserve University Weatherhead SOM Finance 9 months $49,980 73 University of Connecticut Storrs School of Business Financial Risk Management 15-19 months (also part-time) $41,778 (U.S. students); $45,576 (international students) 73 Rutgers Business School Financial Analysis 1 year (two semesters; some students require summer courses) In-state: $12,704/semester; out-of-state: $22,055/semester 73 Rutgers Business School Quantitative Finance 2 years (3-6 semesters) In-state: $38,111-$76,221; out-of-state: $58,070-$116,139 75 University of Utah Eccles School of Business Finance 1 year In-state: $26,400; out-of-state: $50,828 76 University of San Diego School of Business Administration Finance 10 months $44,160 77 University of Cincinnati Lindner College of Business Finance 9 months In-state: $20,958; out-of-state: $28,796 78 American University Kogod School of Business Finance (also part-time) 2 years (approx.) $50,358 81 Pepperdine University Graziadio Business School Applied Finance 1 year $69,600 82 Iowa State College of Business Finance 3-4 semesters In-state: $14,805-$19,740; out-of-state: $34,212-$45,616 85 Hult International Business School Finance (Boston) 1 year $41,300 88 Hofstra University Zarb School of Business Finance 18 months $36,540 88 Hofstra University Zarb School of Business Quantitative Finance 18 months $40,194 89 Syracuse University Whitman SOM Finance 9, 16, or 21 months $41,640 93 Auburn University Harbert College of Business Finance (also online version) 1 year (online: 1-2 years) (online: $24,150) 93 University of Tulsa Collins College of Business Finance (also part-time) 1 1/2-2 years (part-time: 2-2 1/2 years) $42,336 97 St. Louis University Cook School of Business Applied Financial Economics Row:25 Cell:4 Row:25 Cell:5 99 Fordham University Gabelli School of Business Global Finance 12-16 months $48,672 99 Fordham University Gabelli School of Business Investor Relations 16 months $52,728 99 Fordham University Gabelli School of Business Quantitative Finance 12-20 months $60,840 100 Rochester Institute of Technology Saunders College of Business Computational Finance 17 months $60,234 100 Rochester Institute of Technology Saunders College of Business Finance 9-12 months $40,158 – $50,196 Source: Poets&Quants Thinking about doing a specialized master’s in business? 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