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The world of business is fast-paced and volatile, but insanely rewarding—in more ways than one. An online MBA in Finance puts you smack-dab in the center of that world.
Getting your MBA is the obvious next step for anyone aiming high in the business sector. But adding a specialization like finance to your degree gives you even more of an edge to land your dream job. Since you’ll be earning this degree online, you don’t have to worry about falling behind in the meantime. Ready to get started?
What kind of online MBA in finance degree should you get?
Finding the best online program for your needs is not always easy. For one, there’s so many schools to choose from! An easy way to start whittling down schools is to consider your own schedule out of this list of 15 programs.
If you’re hoping to stay at your full-time job, then you should consider the flexible, part-time programs at schools like Carnegie Mellon or Lehigh University.
If you’re ready to jump in full-force and finish your degree as soon as possible, then maybe look into University of North Carolina or Touro University.
We should mention that we also have a list of the Best Online Colleges and Universities if you're interested in a different program.
How much money do people make with an online MBA in finance?
Since finance deals in the world of money, it just makes sense that you’d be making some money too, right? Right! According to the Bureau of Labor and Statistics, the average income for a financial analyst is $81,760. Moving up the ladder, financial managers earn salaries closer to $121,000 per year.
The stock market might seem volatile, but it’s not going anywhere soon. The employment rate for financial analysts is expected to increase by 12% between now and 2024.
What can you do with an online MBA in finance?
Working in finance is all about anticipating trends and pouncing on opportunities. The beauty of the job is that you can do that in pretty much any work setting.
Some MBA graduates jump right into the stock market floor and try their hand at trading. Others work as financial consultants and travel the world. Financial analysts work one-on-one with CEOs to make the best financial decisions for their company.
Here’s the bottom line: if you know how to make smart decisions when it comes to money, the world is your oyster with an MBA on your resume! Pick your favorite organization and send in an application!
What are the requirements for an online MBA in finance?
Not all the schools on our list have the same admission requirements. For example, some require you to take the GMAT or GRE (and get a certain threshold score) before applying, but others, like Touro University, don’t bother with that. Some schools require that you have 1-2 years of work experience in a business-related job. But others prefer that you come from a background that’s not in business.
Basically, the best thing you can do to prepare for an MBA program is to make sure you know the basics. Know who you are and what you want. Take advantage of diverse opportunities like volunteer work or a second language. Business is all about leveraging experience. A diverse resume, along with a solid GPA, will go a long way.
What are the best online MBA degrees in finance?
Here at College Choice, we’ve analyzed the numbers, and settled on the top 15 online MBA programs in finance in the nation. We’ve factored in not only the quality of the education, but also the affordability, the return on investment, and the wider reputation of each school.
Our methodology comes straight from the minds of our data nerds, along with some help from US News & World Report and Payscale.com. A world of big money and big adventure awaits. An online MBA in Finance might just be the ticket there.
Ranking
See our rankings methodology page.
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Arizona State University-tempeLocation
Tempe, AZ
Tuition$13007
Overview
Topping our list as the #1 online MBA in Finance, Arizona State University is a public research university with branches throughout the state. With over 72,000 students enrolled, it is one of the largest universities in the nation. Its online branch accounts for nearly one-third of its enrolled population.
Program Highlights
ASUs online MBA program is first on our list for its overall affordability, its reputation, and its unique opportunities. The 49-credit-hour program is designed around 5-week classes, which you take one class at a time. Some of the highlight finance courses include:
Financial Performance Reporting Statistics for Managers Finance: The Art of Managing ResourcesNotables
ThePrinceton Reviewagreed with us at College Choice, and named Arizona State University the #1 online MBA program in the country. We share the same opinion withUS News World Report,who named it the #3 school for online graduate business programs. All signs point to ASU being the top choice!
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University of FloridaLocation
Gainesville, FL
Tuition$14761
Overview
University of Floridas main campus is located in Gainesville and educates over 54,000 students each year. The public research university has been lauded byUS News World Reportas the 9th best public university in the nation. Even more, the Hough Graduate School of Business ranks 37th in the country.
Program Highlights
The online MBA program at University of Florida splits into two tracks: the two-year program and the one-year program. Regardless of the track, students specialize in one of four areas, one of which is Finance. After the one-week immersion class on the Gainesville campus, students attend courses entirely online. Some highlight classes include:
Corporate Finance International Finance Entrepreneurship Venture Finance Introduction to Real EstateNotables
Whether youre attending the MBA program online or in person, the University of Florida offers a unique opportunity through the Global Immersion Experience. Students venture on a 7-10 day trip around the world in places like Argentina, China, Finland and more, to learn about global business.
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North Carolina State University at RaleighLocation
Raleigh, NC
Tuition$13066
Overview
One of the three corners of the Research Triangle (with Duke University and UNC), North Carolina State University is a stronghold for academic research. Based in Raleigh, it also holds the distinction of being the largest university in the state. NC State offers 104 masters degrees, one of which is the online MBA in Finance.
Program Highlights
This online MBA program truly caters to you. You can launch out on the Accelerated or Flexible track, depending on your life outside of school. Though the program is fully online, youll also get the chance to meet your cohort in two, 3-day residencies on campus. Some of the classes youll take related to the Finance focus are:
Financial Accounting for Decision Makers Financial Management of Corporations Advanced Corporate Finance International FinanceNotables
The entire online system at NC State uses top-of-the-line technology to meet the needs of their students. The WolfWare Advantage is a comprehensive online educational toolkit that each student can access throughout their MBA degree.
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Lehigh UniversityLocation
Bethlehem, PA
Tuition$27478
Overview
Considered one of the Hidden Ivies, Lehigh University is a small school that makes a big splash. It is located in Bethlehem, Pennsylvania and has a long history of producing Fulbright Fellows, Pulitzer Prize winners, and more. The College of Business and Economics is one of four colleges at Lehigh University.
Program Highlights
The Lehigh Flex MBA program is offered 100 percent online. This 36-credit-hour program can be completed in as quickly as two years, though some students opt in to the part-time, 72-month pace. Lehigh students who complete the finance concentration have gone on to find work in some of the following areas:
Financial Analysis Portfolio Management Investment Banking Stock Market TradingNotables
Classroom LIVE is Lehigh Universitys online web-based learning tool. Students can view lectures in real-time from the comfort of their home. Even more, the technology platform allows for integrated discussion boards, web-conferencing, and video messaging.
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University of Massachusetts-AmherstLocation
Amherst, MA
Tuition$20093
Overview
The University of Massachusetts enrolls 73,000 students throughout its five campuses. UMass Amherst, which offers the online MBA in Finance, is the flagship school in the system. The school is a big contender in the world of academic research, working with a $200 million budget.
Program Highlights
The Isenberg School of Management is home to the online MBA program. You can choose between the Online MBA or the Part-time MBA, which combines online and in-person courses. Both tracks are fully supported with online technology. Beyond the core business classes, youll take 9 credits in finance-related courses. Some of these include:
International Finance Personal Finance: Cash Management Private Wealth Management Negotiations Theory PracticeNotables
Besides being the largest and one of the oldest universities in the state, the University of Massachusetts also holds the recognition as the #1 public university in New England by theTimes Higher Education. The Isenberg School of Management ranks 75th in the country.
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Benedictine UniversityLocation
Lisle, IL
Tuition$20017
Overview
Nestled in the suburbs of Chicago, Benedictine University is a Roman Catholic university that found its beginnings in 1887. Though it enrolls only about 5,000 students, it is highly regarded in the wider region. Benedictines MBA program is the 4th largest in Chicago.
Program Highlights
The online MBA in Finance at Benedictine University blends together the tools of finance and management to give you a knockout resume post-graduation. With the accelerated MBA, you can finish up your degree in just a year. Some of the core finance courses youll take are:
Investment Theory and Portfolio Management Financial Reporting Balance Sheets, Cash Flow Statements, and Financial Analysis Equities Securities AnalysisNotables
Benedictine University has been consistently named one of Americas Top Colleges byForbes. The virtual career center at Benedictine gives online students the resources they need to prepare resumes, find job openings, and land a solid career in finance.
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University of North Carolina at Chapel HillLocation
Chapel Hill, NC
Tuition$10077
Overview
Another branch of the Research Triangle, the University of North Carolina at Chapel Hill started its legacy in research in 1795. This makes it one of the oldest public universities in the country. Of its 29,000 students, around 10,700 of them are graduate students, attending both online and in-person.
Program Highlights
The online MBA program at UNC gives students the choice to specialize in Corporate Finance, among other areas. Among other things, the program features Virtual Company Information Sessions, which lets students talk directly to executives and alumni. This fast-paced curriculum includes classes like:
Mergers and Acquisitions Real Estate Finance and Investments Derivatives Taxes and Business StrategyNotables
US News World Reportnamed UNC #5 in the country for top public colleges. Even more, the Kenan-Flagler Business Schools MBA program at UNC was named 16th best in the United States. MBA students have gone on to work for J.P Morgan, Bank of America, PWC, and more.
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Northeastern UniversityLocation
Boston, MA
Tuition$29998
Overview
A private research university that features a cooperative educational model, Northeastern University is based in Boston, Massachusetts. Its liberal arts curriculum weaves together experiential learning, study abroad programs, and co-ops that even online students can enjoy.
Program Highlights
The online MBA at Northeastern University features a 50-credit-hour curriculum that incorporates core business classes with five electives in a concentration area. Finance is one of the eight concentrations. Some of the electives youll choose from are:
International Finance Management Business Turnarounds Valuation and Value Creation Financial StrategyNotables
Even though youll complete your MBA completely online, Northeastern University gives you the chance to travel abroad and apply your finance skills to the real world. You can learn about economic development in China, or study how to leverage country brands in Peru and Chile.
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Babson CollegeLocation
Babson Park, MA
Tuition$27453
Overview
A private school specifically designed to educate in business, Babson College lives up to its nickname of the Entrepreneurs College. All of the faculty members at Babson are either currently successful business owners, or have previously started, bought, or sold a business. Youll learn from the source!
Program Highlights
Babson Colleges MBA is a blended program that combines online learning with in-person sessions. Youll work through the program with a cohort and maintain a tight network of fellow business learners. In the Finance concentration youll take 12 credits out of lengthy list of electives, some of which include:
Financing and Valuing Sustainability Finance for New Ventures Real Estate Financial Modeling Derivatives: Theory and PracticeNotables
Because of Babson Colleges focus on business, its a no-brainer that it regularly gets acknowledged as the #1 college for entrepreneurship. The MBA program has held the #1 spot onUS News World Reports listings for the last twenty years.
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Carnegie Mellon UniversityLocation
Pittsburgh, PA
Tuition$35250
Overview
A shining point of Pittsburgh, Carnegie Mellon University was founded in the early 1900s as a breeding ground for technology and the sciences.
Program Highlights
The online MBA program at Carnegie Mellon is designed for working adults who are ready to jump in head-first into the world of business. The first year, students gain a baseline understanding of management fundamentals. Next, they specialize in a focus area, one of which is Finance. Some highlight finance courses include:
Financial and Managerial Accounting Global Economics Statistical Decision Making Investment AnalysisNotables
If youre worried about being isolated from peers with online learning, Carnegie Mellon has a fix. They feature Access Weekend classes in which you can come on campus and interact with fellow students and your instructors. This is a great way to fully integrate the knowledge youre learning at home.
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George Washington UniversityLocation
Washington, DC
Tuition$39562
Overview
A touchstone of our nations capitol, George Washington University is a private research institution that was founded in 1821. Perhaps because of this rich history, GWU has one of the most vibrant student life political programs. The George Washington School of Business houses close to 2,000 graduate students.
Program Highlights
The George Washington University online MBA program features six concentrations, among them Finance. In addition to their self-paced online work, students virtually attend a one-hour lecture per week that is broadcasted live. Some of the finance-focused courses include:
Financial Markets Data Analysis and Decisions Financial Accounting Managing Human CapitalNotables
The online MBA program also features a 4-day Business and Society Residency course that is completed on the Washington D.C. campus. This gives students a chance to meet their instructors, and make connections with their peersexploring the city is a perk, too!
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Washington State UniversityLocation
Pullman, WA
Tuition$17815
Overview
Heading over to the west coast, Washington State University is a large, public research institution that enrolls close to 30,000 students across its many platforms. WSU Online was founded in 2012 as a way to reach students around the world, and it currently hosts over 3,000 online students.
Program Highlights
The Carson College of Business hosts WSUs online MBA program. All students begin with the MBA Online Foundation Courses, which includes basics in accounting, marketing, management, and business law. Then, you can branch out into a concentration, like Finance, for example. Some of the featured finance courses are:
Investment Analysis Portfolio Theory International Finance Interest Rates and Finance MarketsNotables
Washington State University has enjoyed some recognitions for its international business program; it was recently ranked 19th in the country. A number of the online MBA students take advantage of the study abroad program, which sends you on a 10-day tour of the economies of Asia.
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University of Maryland-College ParkLocation
College Park, MD
Tuition$15757
Overview
Another powerhouse on the east coast, the University of MarylandCollege Park holds a strong academic presence. It is located between Washington DC and Maryland. For this reason, the university encourages students to take advantage of research opportunities and partnerships with federal programs and agencies in Washington DC.
Program Highlights
The Smith Online MBA is a fast-paced, highly supportive program that gets students their MBA degrees in just 24 months. You can specialize in six areasFinance being one of themall the while having the supportive network of over 60,000 alumni of the program worldwide. Some highlight classes include:
Capital Markets Commercial Bank Management Financial Restructuring Corporate FinanceNotables
Ranked as the #9 best online MBA byUS News World Report,its clear were not the only ones taking notice. On a larger scale, the Robert H. Smith Business School of Business ranks 47thin the nation among other graduate schools in business. Its central location alone makes it a school to consider.
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Touro University WorldwideLocation
Vallejo, CA
Tuition$10572
Overview
A non-profit higher education system that delivers primarily online degrees, Touro University Worldwide enrolls over 20,000 students globally. Touro Universitys School of Business currently offers six online masters degree programs in business, in addition to a bachelors degree in business administration.
Program Highlights
Unique to the online MBA program at Touro University, students are not required to take the GMAT or GRE before being admitted. Full-time students typically finish the 36-credit-hour program in one year. The Finance concentration for this degree covers some of these areas:
Financial Budgeting Financial Investments Capital MarketsNotables
Since Touro University mostly works through the online educational system, it has a solid understanding of what it takes to educate and support students through the online format. It holds an impressive 92 percent retention rate for all graduate programs and an 88 percent graduation rate for online graduate programs.
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Johns Hopkins UniversityLocation
Baltimore, MD
Tuition$27352
Overview
Located in Baltimore, Maryland, Johns Hopkins University is a private research university. It is recognized widely as being the first research university in the United States. The Carey Business School houses both the full-time Global MBA as well as the more flexible online MBA. It enrolls around 2,000 business students each year.
Program Highlights
The Flexible MBA program at John Hopkins University typically takes about 2.5 years to complete. The curriculum requires 54 credit hours in total, which includes a concentration are in Financial Business. Students have gone on to work for World Bank, Dell, Lockheed Martin, and more. Some highlight courses include:
Data Analytics Accounting and Financial Reporting Corporate Finance Economics For Decision MakingNotables
Johns Hopkins University receives consistent accoladesmaintaining a top 10 spot as one of the Best Universities, and a top 20 spot in international rankings. Business students come out on top, too; 93% of 2016 MBA graduates were employed six months after graduation.
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