Affordable Online Finance Degrees 2024

    • Expert Reviewer: Sophia Grant (M.S. Finance)
    • Last Updated on: April 28th 2024

    As the costs of traditional college education continue to climb, the appeal of online finance programs is growing. They offer flexibility and affordability that on-campus options just can’t match, which is especially crucial in the fast-moving field of finance where staying ahead is critical.

    Choosing an affordable online finance degree isn’t only about cost savings though that’s a significant benefit. Our guide is crafted to give you a thorough understanding of each program, helping you see beyond the price tag to the overall quality and potential return on investment.

    So, let’s explore these educational pathways together. With the correct information and insights, you can make a confident, informed decision about your future in finance. Join us as we lay out the facts and figures, guiding you to make the best choice for your career aspirations.

    Ranking Affordable Online Finance Degrees

    Navigating the options for online Bachelor of Finance degrees for 2024, we’ve tailored a guide to spotlight the most affordable programs available. Here’s the straightforward approach we used to select these standout programs:

    1. Initial Review: We started by considering over 100 online finance programs across the United States. Programs had to be not-for-profit or a public institution and offer clear, up-front information about costs.

    2. Accreditation Verification: Next, we checked that each program was regionally accredited by the Council for Higher Education Accreditation (CHEA). We also noted which programs had extra endorsements from business-specific accrediting bodies like AACSB or ACBSP, indicating a higher commitment to educational quality.

    3. Cost Analysis: We looked closely at tuition costs, focusing on per-credit charges and how these compared to the national average. This step was crucial to ensure the programs we recommend are genuinely affordable.

    While we applaud these schools for their efforts to keep tuition low, it’s essential to recognize that there are other costs associated with pursuing a degree that may take time to realize. Beyond tuition, prospective students might face fees for technology, textbooks, and other resources essential for online learning. We encourage educational institutions to continue being transparent about their programs’ total cost. Similarly, we advise prospective students to thoroughly inquire about all possible expenses to understand the financial commitment they are making entirely.

    Our guide aims to provide more than just a list of options it offers a clear pathway to understanding your choices in online finance education, helping you make an informed decision that aligns with your educational goals and financial situation. Whether you aim to enhance your finance career or pivot to this dynamic field for the first time, the right program is out there. With this guide, you’re well on your way to finding a degree that fits your budget and sets you up for success!

    11. Western Illinois University

    School Info

    Business Accred:AACSB
    Regional Accred:HLC
    School Type:Public
    Phone:(309) 298-3157
    Email:[email protected]
    Website:wiu.edu
    Location:Macomb, IL

    Western Illinois University’s online Bachelor of Finance program is renowned for its long history and deep commitment to preparing students for impactful careers in financial sectors. Having launched in 1999-2000, this program is among its longest-running, offering seasoned insights and a rich pool of resources that significantly enhance the learning experience. Plus, tuition set at $317 per credit is 31% cheaper than the national average, making it a financially accessible option for many.

    This program uses a dynamic mix of learning tools like computer simulations, case studies, field trips, and guest lectures to create a comprehensive financial educational journey. There’s a robust support system here, too, thanks to a very engaged alumni network that helps students find internship and job opportunities across the globe. What’s more, you can earn a bachelor’s and a master’s degree in just five years, accelerating your path to advanced career opportunities. Accredited by AACSB International, the program meets rigorous global standards, ensuring you receive a top-notch education.

    This program requires a minimum high school GPA of 2.0. With a 65% acceptance rate, it strikes a balance between rigorous yet accessible, ensuring a diverse student body. The rolling admissions policy adds another layer of flexibility, perfect for applicants juggling various commitments.

    Despite the lower tuition, 71% of graduates end up with some debt, averaging around $22,620. While this points to students’ broader economic challenges, Western Illinois University strives to lighten the load with various financial aid options, including institutional and federal support. We think this program’s longstanding reputation and strong support mechanisms make it an excellent choice for anyone looking to make a mark in the finance world.

    10. Louisiana State University Baton Rouge

    School Info

    Business Accred:AACSB
    Regional Accred:SACSCOC
    School Type:Public
    Phone:(225) 578-1175
    Email:[email protected]
    Website:lsu.edu
    Location:Baton Rouge, LA

    Louisiana State University – Baton Rouge offers an affordable online finance degree with a concentration in Financial Analysis, designed to prepare you for management roles across various financial sectors. Launched in the 2019-2020 academic year, the program targets individuals eager to excel in securities analysis, economic research, and corporate finance. With tuition priced at $300 per credit, it is 35% more affordable than the national average, making it an accessible option for those seeking quality education in financial management.

    The curriculum includes 30 credit hours of business core coursework plus an additional nine credit hours focused on financial analysis, ensuring a comprehensive education that bridges theoretical knowledge with practical skills. This program is distinguished by its commitment to fostering critical thinking and leadership abilities essential for effective financial planning. With an average class size of 23, aligning with the national average, the program offers personalized learning experiences and close interactions with faculty.

    Admissions at LSU Baton Rouge are competitive, with a selective acceptance rate of 25%. This ensures that enrolled students are well-prepared and committed to their academic pursuits. Applicants must have a minimum high school GPA of 2.5, and the rolling admissions policy allows for flexibility in application timing, accommodating students’ varying schedules.

    While the tuition rates are notably affordable, about 56% of graduates incur some debt, although the average amount of $5,660 is significantly lower than at many peer institutions. We feel the lower debt is an excellent example of the program’s affordability. This balance of affordability, rigorous academic standards, and comprehensive support through federal financial aid make LSU’s online finance program a prudent choice for prospective students looking to advance in finance.

    9. Northwest Missouri State University

    School Info

    Business Accred:ACBSP
    Regional Accred:HLC
    School Type:Public
    Phone:(660) 562-1148
    Email:[email protected]
    Website:nwmissouri.edu
    Location:Maryville, MO

    At Northwest Missouri State University, the online Bachelor of Science in Finance Financial Management stands out for its focused approach to equipping students with crucial financial and management skills. Established in the 2000-2001 academic year, this program provides a comprehensive education in finance within a business organization context. Priced at $299 per credit, it is notably 35% more affordable than the national average, offering exceptional value for aspiring financial managers.

    The program excels in delivering a curriculum that blends theoretical finance knowledge with practical management applications. Students learn to analyze financial and managerial accounting information, make informed business management decisions, and effectively communicate across various departments, which are crucial skills in any finance department. Northwest Missouri State’s small class sizes make it unique, with an average of just seven students per classsignificantly lower than the national average. This intimate learning environment ensures personalized attention and better engagement with the course material, supported by 84 full-time and 37 part-time faculty members who bring a wealth of experience and dedication to the online classroom.

    Admission to this program is accessible, requiring only a high school diploma or GED and a minimum 2.0 GPA. With an acceptance rate of 69%, the program balances being selective and welcoming diverse students. The rolling admissions policy adds flexibility, allowing you to start your educational journey at various points throughout the year, which is particularly beneficial for working professionals or those with other significant commitments.

    Regarding financial aid, Northwest Missouri State is committed to supporting its students. While 64% of graduates incur debt, the average amount is relatively manageable at $17,556, reflecting the program’s affordability. The university also participates in the GI Bill and Yellow Ribbon Program, enhancing its support for veterans. These financial aid opportunities, combined with the program’s affordability and robust curriculum, make Northwest Missouri State an excellent choice for those seeking a career in financial management.

    8. Lamar University

    School Info

    Business Accred:AACSB
    Regional Accred:SACSCOC
    School Type:Public
    Phone:(409) 880-8888
    Email:[email protected]
    Website:lamar.edu
    Location:Beaumont, TX

    Lamar University’s affordable finance degree distinguishes itself through a curriculum integrating financial theory with practical application. Designed for individuals targeting high-impact roles in financial sectors such as corporate finance, investment banking, or financial planning, Lamar’s program ensures students are well-prepared to enter the workforce. With coursework covering everything from advanced Excel techniques to valuation methods for various financial instruments, students are equipped with the theoretical knowledge and practical skills needed for success.

    This AACSB-accredited program shines not just in its content but also in its delivery. Offered entirely online, it suits full-time students and working professionals alike, providing flexibility without compromising the quality of education. The courses mostly follow an asynchronous format, allowing you to progress at your own pace, complemented by scheduled real-time sessions to foster interaction and deeper learning.

    Admission to this program is encouragingly accessible, reflected in a 77% acceptance rate, and rolling admissions streamline the process. Once admitted, students will find themselves in classes that are slightly larger than average, with a typical class size of 28, compared to the national average of 23. This size strikes a balance, large enough to ensure diverse perspectives yet small enough to maintain personal interaction with instructors.

    Financially, Lamar University presents a compelling option. At $296 per credit, it is 36% more affordable than the national average of $462, making it a financially sensible choice for many. This affordability also extends to the potential debt burden, with graduates typically incurring lower-than-average debt, underscoring Lamar’s commitment to providing a valuable education that remains within financial reach.

    7. The University of Central Arkansas

    School Info

    Business Accred:AACSB
    Regional Accred:HLC
    School Type:Public
    Phone:(501) 450-3128
    Email:[email protected]
    Website:uca.edu
    Location:Conway, AR

    The University of Central Arkansas (UCA) offers a robust online Bachelor of Finance that equips students with essential skills for a range of financial careers. Launched in the 2015-2016 academic year, UCA’s program is designed to prepare you for successful teamwork in financial settings, emphasizing problem-solving, effective communication, and collaborative goal achievement. With a tuition rate of $285 per credit, this program is 38% more affordable than the national average, making it an appealing choice for students seeking value without sacrificing quality.

    UCA’s curriculum thoroughly covers the financial side of business operations, including courses in business finance, economic and managerial accounting, and applied statistics. This program stands out for its focus on producing well-prepared graduates who contribute significantly to businesses and households. Class sizes at UCA average 25 students, which is 8% higher than the national average, allowing for a more interactive and personalized learning experience. The faculty, consisting of 89 full-time and 28 part-time members, fosters a learning environment that mirrors the current industry standards and practices.

    The admissions process at UCA is streamlined to accommodate a variety of student backgrounds, requiring only a high school diploma or GED for entry. The acceptance rate is competitive at 50%, ensuring that those admitted are among peers who are equally prepared for the rigorous academic environment. UCA offers rolling admissions, allowing you the flexibility to apply when ready, which can be particularly advantageous for students balancing other commitments.

    Financially, UCA is committed to affordability. Despite the lower tuition costs, 62% of graduates incur debt, with an average amount of $41,515, which is relatively high and warrants careful financial planning. The university supports various students through institutional and federal financial aid. While it is not part of the Yellow Ribbon Program, it maintains a strong support system for all enrollees, underscoring its dedication to accessible higher education.

    6. Arkansas State University

    School Info

    Business Accred:AACSB
    Regional Accred:HLC
    School Type:Public
    Phone:(870) 972-2782
    Email:[email protected]
    Website:astate.edu
    Location:State University, AR

    Delving into Arkansas State University’s affordable online Bachelor of Finance program reveals a curriculum that broadens career prospects in virtually any company sector. Launched in the 2011-2012 academic year, this program stands out for its comprehensive approach to business education. Priced at just $269 per credit, it offers an appealing 42% savings compared to the national average, positioning it as an intelligent choice for financially savvy students.

    Arkansas State University’s finance program takes you deep into the financial aspects of business operations, from strategic management and business communications to financial and managerial accounting. What sets this program apart is its broad spectrum of elective courses, allowing you to tailor your education toward specialized fields such as Agricultural Business, Real Estate, or Marketing Analytics. The average class size here is 28, slightly higher than the national average, which fosters a more personalized and engaging learning environment. This approach is bolstered by 141 full-time and 31 part-time faculty members who bring diverse expertise to the online classroom.

    At Arkansas State University, the admissions process aims to balance selectivity and accessibility. Prospective students need a minimum high school GPA of 3.0 to apply, reflecting the program’s commitment to academic readiness. The rolling admissions policy also provides flexibility, allowing you to use it when it best fits your schedule. While the acceptance rate stands at 56%, indicating a competitive selection, this also ensures that enrolled students are well-prepared and diverse, enhancing the educational experience for all.

    Tuition and financial aid policies at Arkansas State are geared towards making education affordable. While the program’s tuition undercuts both state and national averages, 70% of its graduates incur debt, averaging $25,170, which is a critical factor to consider. The university’s commitment to supporting students extends to its participation in the GI Bill and Yellow Ribbon Program, aiding veterans in pursuing their educational goals. This financial structure, combined with the program’s robust educational offerings, makes Arkansas State University an excellent choice for students aiming for a well-rounded education in finance.

    5. Missouri State University

    School Info

    Business Accred:AACSB
    Regional Accred:HLC
    School Type:Public
    Phone:(417) 836-5517
    Email:[email protected]
    Website:missouristate.edu
    Location:Springfield, MO

    Exploring the online Bachelor of Finance program at Missouri State University reveals a program that combines longevity and exceptional value. Established in the 1999-2000 academic year, it is one of our review’s most established online finance programs. Notably, its $267 per credit tuition is 42% more affordable than the national average, making it an attractive option for students seeking quality education without the hefty price tag.

    Missouri State University’s curriculum is carefully designed to prepare students as proficient managers of money, investments, or other assets, offering the potential to pursue the Chartered Financial Analyst (CFA) Level 1 Exam. This program stands out with its elective courses that allow you to specialize in areas aligned with your career aspirations. With class sizes averaging 30 students23% higher than the national averagethe program promotes an engaging and interactive educational experience supported by 360 full-time faculty members who are experts in their fields.

    Admission to this esteemed program requires a high school diploma or GED and a minimum GPA of 2.5. Missouri State’s rolling admissions policy enhances accessibility, allowing you to apply at any time that suits your schedule. This is a significant advantage for accommodating diverse student needs and timelines.

    On the financial front, Missouri State University is firmly committed to making education affordable. The university’s financial aid options are robust and designed to mitigate the financial burden on students. Additionally, the institution supports veterans through GI Bill benefits and the Yellow Ribbon Program, emphasizing its commitment to making education accessible to all. While the low tuition rates are a significant draw, prospective students should still plan their finances carefully, as some incur manageable debt levels.

    Missouri State University’s Online Bachelor of Finance program combines affordability with a comprehensive educational experience, positioning it as a compelling choice for prospective students aiming for significant roles in the financial industry. The program is notable for its emphasis on continuing education for faculty, ensuring that instructors stay at the forefront of online teaching practices. These features underscore the program’s commitment to preparing students not only to enter the finance field but to excel within it.

    4. Florida International University

    School Info

    Business Accred:AACSB
    Regional Accred:SACS
    School Type:Public
    Phone:(305) 348-2363
    Email:[email protected]
    Website:fiu.edu
    Location:Miami, FL

    At DiscoverBusiness.us, we’ve examined Florida International University’s online Bachelor of Business Administration in Finance. This program, launched in the 2008-2009 academic year, stands out for its dedication to preparing students for successful business, banking, and investment careers. With tuition priced at $264 per credit, it’s an appealing option, 43% more affordable than the national average.

    FIU’s Finance track is carefully crafted to give you a solid foundation in critical areas such as corporate finance, banking, and investments. The program features relatively large class sizes, averaging 45 students, 46% larger than the national average. This setup promotes a vibrant, interactive learning environment where diverse opinions and strategies can flourish. The faculty, comprising 582 full-time and 448 part-time instructors with an average of five years teaching online, are adept at blending theoretical knowledge with practical applications, ensuring you’re well-prepared for tomorrow’s financial challenges.

    We find that getting into this program is quite accessible. You will need a high school diploma or GED to apply, and with a 70% acceptance rate, FIU opens doors to a broad array of students. The rolling admissions policy is particularly beneficial if your schedule requires flexibility, allowing you to apply at any time that fits your life plans. This approach creates a dynamic and diverse student body, enhancing your learning experience by exposing you to various perspectives.

    Financial accessibility is a strong suit of this affordable online finance program at FIU. Not only does the tuition cost significantly undercut the state and national averages, but the program also offers extensive financial aid opportunities to ensure you can manage your education expenses effectively. For veterans, FIU’s commitment extends to GI Bill certification and participation in the Yellow Ribbon Program, underscoring their dedication to making education feasible for all. Despite its affordability, around 49% of graduates incur some debt, with an average of $21,280, which remains manageable within the industry standards.

    Florida International University’s Online Bachelor of Finance program offers an unparalleled blend of academic breadth and cultural diversity, making it a standout choice for students globally. With an impressive selection of over 58 online bachelor’s degree programs and 1,141 courses, FIU ensures a comprehensive education tailored to a variety of career paths in finance. The program not only brings together students from 69 countries, enriching the learning experience with diverse perspectives, but also maintains tuition rates that are 43% below the national average. For those seeking a dynamic and affordable education in finance, FIU provides an exceptional platform to advance both academically and professionally.

    3. The University of Texas Permian Basin

    School Info

    Business Accred:AACSB
    Regional Accred:SACSCOC
    School Type:Public
    Phone:(432) 552-2605
    Email:[email protected]
    Website:utpb.edu
    Location:Odessa, TX

    We’ve been impressed by the University of North Carolina – Pembroke’s Online Bachelor of Finance, housed within the Thomas School of Business. Since launching in 2007, this program has been tailored to meet the evolving needs of the finance industry. It stands out notably for its affordability: tuition is priced at $208 per credit, impressively 55% more affordable than the national average of $462. This makes it not just an educational opportunity but a financially wise choice.

    The finance track at UNC Pembroke is part of a broader Business Administration degree. If you’re considering expanding your expertise, the program offers the flexibility to pursue additional tracks by completing more courses. This flexibility is a significant advantage in our view. The program’s core business curriculum is designed to prepare you comprehensively for the dynamic finance sector. All courses are delivered online, blending the convenience of distance learning with opportunities to engage with campus-based peers. The class sizes align with the national average of 23, ensuring personalized attention and a collaborative learning environment. With 97 full-time instructors averaging six years of online teaching experience, they bring seasoned insights directly to your screen.

    When you apply to UNC Pembroke, you’ll need a minimum high school GPA of 2.5 and a diploma or GED. The acceptance rate is competitive, signaling the program’s high standards and commitment to quality. They welcome applications from U.S. residents and international students by May 1st, ensuring everyone undergoes the same thorough admissions process. We value how they embrace diverse perspectives, enriching everyone’s learning environment.

    We’re particularly impressed by UNC Pembroke’s dedication to affordability. The tuition cost is significantly below the national average. While 47% of students incur some debt, this figure is more manageable considering the substantial financial aid options available. The school’s robust participation in the GI Bill and Yellow Ribbon Program is commendable, greatly aiding veterans in accessing quality education without undue financial burden.

    The Online Bachelor of Finance at UNC Pembroke distinguishes itself through a valuable mix of quality, flexibility, and affordability, equipping you with the essential tools for a successful career in finance. With tuition rates that are 55% below the national average, the program ensures that the financial commitment remains manageable. Moreover, UNC Pembroke excels in providing robust faculty involvement, with a significant number of full-time instructional faculty who teach online, enhancing the learning experience through strong faculty-student interaction. Additionally, the university’s comprehensive support for military veterans, including tuition adjustments and GI Bill certification, makes it an especially appealing choice for veterans seeking a finance degree.

    2. The University of North Carolina Pembroke

    School Info

    Business Accred:AACSB
    Regional Accred:SACSCOC
    School Type:Public
    Phone:(910) 521-6262
    Email:[email protected]
    Website:uncp.edu
    Location:Pembroke, NC

    The University of North Carolina – Pembroke’s Online Bachelor of Finance, housed within the Thomas School of Business. Since launching in 2007, this program has been tailored to meet the evolving needs of the finance industry. It stands out notably for its affordability: tuition is priced at $208 per credit, impressively 55% more affordable than the national average of $462. This makes it not just an educational opportunity but a financially wise choice.

    The finance track at UNC Pembroke is part of a broader Business Administration degree. If you’re considering expanding your expertise, the program offers the flexibility to pursue additional tracks by completing more courses. This flexibility is a significant advantage in our view. The program’s core business curriculum is designed to prepare you comprehensively for the dynamic finance sector. All courses are delivered online, blending the convenience of distance learning with opportunities to engage with campus-based peers. The class sizes align with the national average of 23, ensuring personalized attention and a collaborative learning environment. With 97 full-time instructors averaging six years of online teaching experience, they bring seasoned insights directly to your screen.

    When you apply to UNC Pembroke, you’ll need a minimum high school GPA of 2.5 and a diploma or GED. The acceptance rate is competitive, signaling the program’s high standards and commitment to quality. They welcome applications from U.S. residents and international students by May 1st, ensuring everyone undergoes the same thorough admissions process. We value how they embrace diverse perspectives, enriching everyone’s learning environment.

    We’re particularly impressed by UNC Pembroke’s dedication to affordability. The tuition cost is significantly below the national average. While 47% of students incur some debt, this figure is more manageable considering the substantial financial aid options available. The school’s robust participation in the GI Bill and Yellow Ribbon Program is commendable, greatly aiding veterans in accessing quality education without undue financial burden.

    The Online Bachelor of Finance at UNC Pembroke distinguishes itself through a valuable mix of quality, flexibility, and affordability, equipping you with the essential tools for a successful career in finance. With tuition rates that are 55% below the national average, the program ensures that the financial commitment remains manageable. Moreover, UNC Pembroke excels in providing robust faculty involvement, with a significant number of full-time instructional faculty who teach online, enhancing the learning experience through strong faculty-student interaction. Additionally, the university’s comprehensive support for military veterans, including tuition adjustments and GI Bill certification, makes it an especially appealing choice for veterans seeking a finance degree.

    1. The University of West Georgia

    School Info

    Business Accred:AACSB
    Regional Accred:SACSCOC
    School Type:Public
    Phone:(678) 839-5600
    Email:[email protected]
    Website:westga.edu
    Location:Carrollton, GA

    The Bachelor of Finance program stands out at the University of West Georgia for its combination of quality, affordability, and innovation. The Richards College of Business, accredited by the AACSB, ensures a curriculum that meets rigorous standards while remaining 59% more affordable than the national average the most budget-friendly option on our list.

    We find a cohesive academic journey here that is less common at this price point. Launched in 2016, the program’s upper-level courses delve into the complexities of finance, with students completing 21 hours of significant courses plus a strategic capstone in management. The online structure of the program, offering courses below the 4000 level, is tailored to meet the needs of both traditional and non-traditional students. The class size, 35% smaller than the national average, allows for a level of personalized instruction that we find advantageous for deep learning.

    The application process at UWG stands out for its inclusive approach. With no minimum GPA requirement listed and a focus on a diploma or GED, coupled with a moderate 42% acceptance rate, UWG balances accessibility with a selective standard, ensuring a diverse and driven student body. The program’s flexibility also accommodates varying schedules, making it possible for 53% of employed students to advance their education without putting their careers on hold.

    In terms of financials, UWG’s commitment to economic accessibility is evident in its low tuition rates and comprehensive support services. The institution’s robust financial aid offerings, GI Bill certification, and Yellow Ribbon Program participation provide essential support, ensuring that the 46% of graduates who borrowed are taking on manageable debt levels.

    Overall, the University of West Georgia’s online finance degree stands out as an exceptional program among state and national peers, offering an unparalleled combination of affordability and experienced instruction. With tuition rates that are 59% below the national average, it is the most budget-friendly option on our list, making it an excellent choice for students seeking quality education without the financial burden. Additionally, the program benefits from faculty who have an average of 9 years of experience in online teaching, ensuring that students receive knowledgeable guidance tailored to the online learning environment. This combination of affordability and expert instruction makes the University of West Georgia a prime choice for those pursuing an affordable online finance degree.

    Types of Online Finance Degrees

    Bachelor of Science in Business Administration (BSBA) in Finance

    Students who have broader business and management interests than finance alone might benefit from a BSBA. BSBA programs with a finance concentration teach analytical and conceptual tools required for a finance career and build strong foundational business skills. Many BSBA programs incorporate core business requirements into the average 120-hour course credit degree, covering business presentation, ethics, leadership, and collaboration along with courses in economics, accounting, calculus, statistics, and security valuation. Overall, students graduate with a well-rounded background in business with a strong foundation in financial tools to pursue a related career or graduate degree in the field.

    Bachelor of Business Administration (BBA) in Finance

    A Bachelor of Business Administration in Finance (BBA) is not unlike a BSBA in Finance. It tends to be concentrated a bit more on general business skills than math and analysis. Students in this program are also adequately prepared to enter an early career finance role in financial analysis, banking, investment management, and banking, pursue a finance certification program, an MBA degree, or another course of furthered education in the finance vein.

    Bachelor of Science (BS) in Financial Management

    A Bachelor of Science (BS) in Financial Management is a degree that emphasizes developing skills in financial decision-making based on qualitative and quantitative evaluations of financial resources. However, BS in Financial Management programs, such as the one offered at National University, still share the same core course objectives with other more business-focused finance degrees, covering ethics, business law, financial reporting, and investment technologies.

    Bachelor of Science (BS) in Financial Mathematics

    A Bachelor of Science (BS) in Financial Mathematics is a unique degree offered by universities such as Simmons University. The BS in Financial Mathematics is an interdisciplinary degree combining mathematics, statistics, economics, and management programs. This specialized curriculum is centered on preparing individuals for financial and actuarial services. As inferred by the degree title, the course requirements are math-intensive compared to other finance degrees. Still, BS in Financial Mathematics programs shares many of the same course subjects as other finance degrees, such as economics and investment management.

    What You Will Learn in an Online Bachelor’s in Finance Program

    The curricula for finance programs differ from institution to institution, as will the type of degree offered (such as a BBA, a BSBA, or a BS in Finance. However, there are core requirements within each program that tend to be universal across all the degrees. Students in most bachelor programs in finance will be required to complete courses in the following general areas: financial analysis, accounting, macroeconomics, microeconomics, business law, corporate finance, marketing, and investment banking. These subjects provide students with a broad financial foundation, enabling graduates to pursue an entry-level job in finance or further their education with a graduate program.

    Frequently Asked Questions

    How long does it take to get an online finance degree?

    The average full-time finance student can complete a 120-hour course credit undergraduate degree in four years. However, some programs can be accelerated to three years, and others, especially those offered online, can be completed at the student’s preferred pace.

    Should I get my finance degree online?

    Whether you should choose to pursue your finance education online is dependent upon a variety of factors. It’s a great option for people who currently have a full-time job and need to pay for their education as they go rather than study full time. Additionally, many universities offer equivalent online programs to their on-campus counterparts. Education is changing as fast as technology permits.

    What does it mean to have an accredited finance degree?

    Business schools that are accredited have met regulating standards that provide students with the assurance that they are receiving a certain education level. Each accrediting body has different rules and regulations. However, prospective employers typically look for three primary accreditors of business education: the Association to Advance Collegiate Schools of Business (AACSB International), the Accreditation Council for Business Schools and Programs (ACBSP), and the International Accreditation Council for Business Education (IACBE).

    The AACSB has been accrediting school programs for over a century around the world. As a member organization, institutions benefit from shared practices and data distribution between similarly accredited schools.

    The ACBSP accredits business schools and programs across several regions around the United States and globally. The organization also focuses on being an epicenter for information among its participants, facilitating exchanging ideas regarding educational improvements and standards.

    The IACBE is another regional accreditation institution. The IACBE proudly states that they are recognized by CHEA, the Council for Higher Education Accreditation, a discerning organization that regulates accrediting standards. IACBE also believes that holding an accreditation puts the onus on the higher education institution, encouraging competitive programs and best industry practices for their students.


    References:
    1. Common Data Set: https://commondataset.org/
    2. National Center for Educational Statistics College Navigator: https://nces.ed.gov/collegenavigator/
    3. Association to Advance Collegiate Schools of Business Best Business Schools: https://bestbizschools.aacsb.edu/
    4. Accreditation Council for Business Schools and Programs: https://acbsp.org/
    5. International Accreditation Council for Business Education: https://iacbe.org/
    6. Bureau of Labor Statistics, Databases, Tables & Calculators by Subject: https://www.bls.gov/data/
    7. US News & World Report, Online Bachelor’s Degrees and Programs: https://www.usnews.com/education/online-education/bachelors
    8. Council for Higher Education Accreditation, CHEA-Recognized Accrediting Organizations: https://www.chea.org/chea-recognized-organizations