Finance Schools in Alabama

Students interested in pursuing a graduate degree in finance have several options at Alabama’s colleges and universities. Students can narrow their focus of study by choosing to concentrate in such areas as financial policy, financial risk strategy, and real estate. In addition to traditional graduate finance programs, graduate students may want to consider the flexible and convenient alternative of earning a graduate finance degree through an online university. Many colleges and universities offer finance programs either partially or entirely online.

Quick Facts

  • There are 16 not-for-profit colleges and universities with finance degree programs in Alabama.
  • 1 school offers a master’s or advanced degree in finance.
  • Highest graduate rate*: Samford University, 71%.1
  • Highest transfer-out rate*: University of North Alabama, 39%.1
  • Highest net price per year*: Oakwood University, $25,949.1
  • Lowest net price per year*: University of North Alabama, $9,189.1
  • Annual undergraduate tuition range for finance programs in Alabama: $11,856- $26,364.2
  • 1 school in the Businessweek’s Top Business Undergraduate Programs in 2013: University of Alabama, Tuscaloosa (73)
  • 1 school in the US News Best Business Graduate Schools in 2013 (top 100): Auburn University (75)

*For 4-year not-for-profit colleges and universities that offer a finance degree program.

Master’s in Finance Degree Programs in Alabama

Samford University

Samford University’s Brock School of Business offers a Finance major that prepares graduates for careers such as investment banking, corporate finance, commercial real estate, and insurance. The Bachelor of Science in Business Administration (BSBA) requires a total of 128 credits, including 22 credits of core classes, 19-28 of general education classes, 71 credits of finance major classes, plus electives. Finance courses include Operations Management, Financial Statement Analysis, Managerial Values, Business Strategy, Financial Institutions, Investments, and Security Analysis.

Auburn University

At Auburn University, students are offered a Master of Science in Business Administration program with a focus on finance. The coursework focuses on investments, corporate finance, financial markets, and financial institutions. Students choosing this degree program have the choice a thesis or a comprehensive examination at the end of the program. The school seeks to prepare students for a career in finance, but also to help those already in the industry advance within their careers. Auburn University was ranked as the 36th best public university in 2011 by US News & World Report.

University of Alabama

The University of Alabama, Manderson Graduate School of Business offers students a Master of Science degree in Finance. Students can earn a degree in just one year and have the choice of one of three specializations: financial policy, real estate, and financial risk strategy. Students who complete the accelerated degree program can expect to be prepared for careers in banking and corporate finance. Courses include Macroeconomics Theory/Policy, Econometrics, Money & Capital Markets, Bank Administration, and a Capstone Project. The Department of Economics, Finance, and Legal Studies also offers a PhD in Finance, a Master of Arts in Economics, and a PhD in Economics.

Alabama Career Opportunities for Graduates

Finance is one of Alabama’s leading industries alongside manufacturing and aerospace. Several large banking institutions are headquartered in Alabama, mostly in Birmingham. This gives graduates of a master’s in finance degree a great opportunity to find work at Regions Financial Corporation, Superior Bancorp, or BBVA Compass. Wachovia and Wells Fargo also have large offices or regional headquarters in Birmingham. Several investment firms such as Harbert Management Corporation are also located in the city.

Alabama Finance Salary and Jobs

OccupationNumber EmployedAverage Salary
Financial Analysts730$73,580
Financial Examiners250$75,260
Financial Managers4,120$108,100
Loan Officers3,210$61,980
Personal Financial Advisors800$90,280

Data from the Bureau of Labor Statistics as of May 2012.

Alabama Financial Analysts and Manager Salary and Job Outlook

Nationally, financial analyst jobs are projected to grow faster than other careers with a growth rate of 23% from 2010 to 2020 and financial examiner positions are projected to grow by 27%.5 Budget analysts jobs are projected to grow at a rate of 10% nationally.5 In Alabama, personal financial advisors earn a mean annual salary of $92,590.6 Financial analysts can expect to earn around $74,000 annually in the state and budget analysts come in just a little bit lower, around $73,000.6 Those working in business and financial operations are earning a mean salary of $64,910.6

Alabama Financial Professional Associations

1. National Center for Education Statistics: https://nces.ed.gov/collegenavigator/
2. Niche College Search: https://www.niche.com/colleges/search/best-colleges-for-accounting/?type=private&type=public
3. Bloomberg Businessweek: https://www.bloomberg.com/features/2016-best-undergrad-business-schools/
4. US News & World Reprot: https://www.usnews.com/best-graduate-schools/top-business-schools/mba-rankings
5. Bureau of Labor Statistics: https://www.bls.gov/ooh/business-and-financial/home.htm
6. Bureau of Labor Statistics: https://www.bls.gov/oes/current/oes_al.htm