A master’s degree in finance is a must for the money management professional on the upswing. But it doesn’t have to break the bank. These top 10 affordable online master’s in finance are respected and accredited programs that you can experience from the comfort of your own home.
The tuition figure quoted above the school review has been gathered from the National Center for Education Statistics, an information clearinghouse of the US government. Enrollment and student to faculty ratios are also from this site. Any tuition figures quoted in the body of the school review are courtesy of that school’s website and may be specific to their online program and thus disagree with the government reported figure.
The ranking methodology for this list of the top 10 cheap online master’s in finance is explained here. In case of a tie on points, schools were ranked in order of lowest tuition.
10. Indiana University
Bloomington, Indiana
Website
Points: 6
Enrollment: 49,695
Tuition: $28,420
Indiana University-Bloomington was founded in 1820, one of the first institutions of higher learning west of the Allegheny mountains. With a student to faculty ratio of 17 to 1, their online master of science in finance is a 30 credit hour degree program that includes coursework in quantitative analysis and value creation. Indiana University-Bloomington charges an out of state, graduate tuition rate of $1,255.20 per credit hour. They are accredited by the Higher Learning Commission of the North Central Association of Schools and Colleges.
9. Auburn University
Auburn, Alabama
Website
Points: 6
Enrollment: 28,290
Tuition: $27,216
Auburn University was the first land-grant university in the South and was established in 1856. They are well known as the collegiate home of sports greats Bo Jackson and Frank Thomas, and Apple CEO Tim Cook. With a student to faculty ratio of 19 to 1, their online master of science in finance is a 30 credit hour degree program and has thesis and no-thesis options. Auburn University charges a graduate, non-resident online tuition rate of $1,557 per credit hour. They are accredited by the Southern Association of Colleges and Schools, Commission on Colleges.
8. Pennsylvania State University
University Park, Pennsylvania
Website
Points: 8
Enrollment: 47,789
Tuition: $34,266
Pennsylvania State University World Campus has been serving the internet since 1998 when the internet was still young. With a student to faculty ratio of 16 to 1, their online master of finance is a 30 credit hour degree program that includes coursework in financial modeling and strategic financial decisions. Pennsylvania State University offers an online graduate tuition rate of $1,025 per credit hour for this program, regardless of residency. They are accredited by the Middle States Commission on Higher Education.
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7. University of Washington
Seattle, Washington
Website
Points: 9
Enrollment: 45,591
Tuition: $27,255
The University of Washington pursues the values of integrity, diversity, excellence, collaboration, innovation, and respect. With a student to faculty ratio of 17 to 1, their online master of science in computational finance and risk management is a 42 credit hour degree program that includes coursework in investment science and ethics in the finance profession. The University of Washington offers a graduate tuition rate of $975 per credit hour, regardless of residency. They are accredited by the Northwest Commission on Colleges and Universities.
6. Northeastern University
Boston, Massachusetts
Website
Points: 9
Enrollment: 20,381
Tuition: $22,633
Northeastern University’s 100% online master’s program offers two tracks, investment finance, and corporate finance. With a student to faculty ratio of 14 to 1, their online master of science in finance is a 30 credit hour degree program that includes coursework in financial strategy and investment analysis. Northeastern University charges an online, graduate tuition rate of $1,560 per credit hour for this program. They are accredited by the New England Association of Schools and Colleges, Commission on Institutions of Higher Education.
5. Bellevue University
Bellevue, Nebraska
Website
Points: 9
Enrollment: 8,896
Tuition: $9,810
Bellevue University is a nonprofit, private institution that was founded in 1966. With a student to faculty ratio of 31 to 1, their online master of science in strategic finance is a 36-39 credit hour degree program that includes coursework in business analysis for decision making and risk management. Bellevue University charges an online, graduate tuition rate of $565 per credit hour for this program. They are accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools.
4. Colorado State University-Global Campus
Greenwood Village, Colorado
Website
Points:12
Enrollment: 11,605
Tuition: $9,000
Colorado State University-Global Campus is an independent 100% online branch of the Colorado State University system. With a student to faculty ratio of 32 to 1, their online master of finance is a 39 credit hour degree program that includes coursework in bank management and corporate finance. Colorado State University-Global Campus offers an online, graduate tuition rate of $500 per credit hour for this program, regardless of residency. They are accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools.
3. Texas Southern University
Houston, Texas
Website
Points: 12
Enrollment: 8,862
Tuition: $8,244
Texas Southern University’s Jesse H. Jones School of Business was established in 1955 to help supply trained businesspersons to Houston. With a student to faculty ratio of 18 to 1, their online executive master of business administration, energy finance focus is a 36 credit hour degree program that includes coursework in supply chain management and information technology. Texas Southern University charges a flat online graduate tuition rate of $6,000 per term for this program. They are accredited by the Southern Association of Colleges and Schools, Commission on Colleges.
2. West Texas A&M University
Canyon, Texas
Website
Points: 12
Enrollment: 9,901
Tuition: $5,081
West Texas A&M University sees their mission as providing a technology-rich and academically rigorous educational experience at all levels. With a student to faculty ratio of 21 to 1, their online master of science in finance and economics is a 36 credit hour degree program that includes coursework in advanced microeconomic theory and corporate governance. West Texas A&M University charges a non-resident graduate tuition rate of $403.08 per credit hour. They are accredited by the Southern Association of Colleges and Schools, Commission on Colleges.
1. Fort Hays State University
Hays, Kansas
Website
Points: 15
Enrollment: 14,658
Tuition: $9,676
Fort Hays State University was founded in 1902, and their mascot is Victor E. Tiger. With a student to faculty ratio of 16 to 1, their online master of business administration, finance concentration is a 34 credit hour degree program that includes coursework in financial institutions and international finance. Fort Hays State University offers an online, graduate tuition rate of $400 per credit hour for this program, regardless of residency. They are accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools.
Sources:
- College Navigator
- School Websites
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