Finance Schools in Alaska
The information below provides details about different master’s in finance schools in Alaska. Those interested in an advanced finance degree can find varied programs in the state, such as Master of Business Administration (MBA) programs with graduate certificate options or industry concentrations. Students can choose between full-time schedules, part-time formats, and even fully online degrees. Graduates from finance schools in Alaska may find opportunities to start businesses or work for one of the state’s many companies after finishing their studies. Continue reading below to find out more information about different university programs, details on degree specifics, and possible career outlooks.
Finance Program Stats
- There are 2 four-year not-for-profit colleges and universities with finance degree programs in Alaska.1
- 1 school offers a master’s or advanced degree in finance.1
- Highest graduation rate*: Alaska Pacific University 48%.1
- Highest transfer-out rate*: Alaska Pacific University 27%.1
- Highest net price per year*: Alaska Pacific University $18,026.1
- Lowest net price per year*: University of Alaska Anchorage $11,860.1
- Annual undergraduate tuition range for finance programs in Alaska*: $5,784-$20,310.1
- No schools in the Businessweek’s Top Business Undergraduate Programs in 2016.2
- No schools in the US News Best Business Graduate Schools in 2017 (top 100).3
*For 4-year not-for-profit colleges and universities that offer a finance degree program.
Schools in Alaska with Master’s in Finance Degrees
Traditional Master’s in Finance Programs
University of Alaska Anchorage
The College of Business and Public Policy at the University of Alaska Anchorage offers a Master of Business Administration (MBA) degree focused on the knowledge and skills required in leadership and managerial roles. This program is available on a full-time or part-time basis, and classes are generally scheduled in the evening or on Saturdays. Students without a business background may need to complete prerequisite courses in accounting, finance, and economics. After the foundational courses, the core curriculum emphasizes business principles, collaborative skills, and problem-solving strategies through classroom projects, presentations, and case studies. Students can then choose an optional concentration in accounting, business intelligence and business analytics, entrepreneurship, leadership, public sector and non-profit management, health administration, or marketing. The MBA program at UAA also maintains connections with the business community and alumni network in Alaska, supporting students as they search for post-graduation career opportunities.
Alaska Pacific University
At Alaska Pacific University, students can earn a Master of Business Administration (MBA) degree designed for working professionals. The course schedule is flexible, with evening and some online courses available. The curriculum focuses on cultivating a broad understanding of business operations as well as the leadership skills needed to succeed. Students learn about subjects such as organizational development, e-business, organizational cultural change, and decision-making and negotiation techniques. After the core curriculum is completed, students can choose optional concentrations in finance or in health services administration. With small class sizes and projects with peers and faculty, APU also encourages students to build professional relationships and develop industry networks. Undergraduates already studying business administration at APU can earn an accelerated MBA by moving directly into the program. For business professionals in middle to upper management, APU also offers an Executive MBA degree in Strategic Leadership.
Online Master’s in Finance Programs
University of Alaska Fairbanks
The School of Management at the University of Alaska Fairbanks offers a Master of Business Administration (MBA) degree that can be completed entirely online or on campus. Most students finish the program in two to three years, and students pay in-state tuition for all online courses, regardless of residency. The curriculum focuses on the tools and knowledge useful in management and leadership positions, and students learn the technical and interpersonal skills needed to succeed in business. The core courses include classes such as Organizational Theory for Managers, Financial Markets and Strategy, Corporate Strategy, and Quantitative Methods for Managers. Students interested in earning an optional concentration in capital markets must complete some courses that are only available on campus. Business undergraduate degrees are not required for admission, but some students may need to take online pre-MBA module courses.
Alaska Career Opportunities for Graduates
Graduates with master’s degrees in finance in Alaska may find opportunities to work or start businesses in the state after finishing their studies. The oil and gas industry is very large in the state, and energy companies may offer many financial roles ideal for those with finance degrees. The federal and state government also employ a large number of people, providing finance and accounting job opportunities, and there are numerous military bases in the state. Local and statewide banks, such as Northrim Bancorp, and other financial institutions operate within the state. The tourist industry is strong in Alaska, and small- and medium-sized business owners may find opportunities in the state. With a degree in finance, graduates may have an advantage in securing positions in the state.
Alaska Finance Job Information
|Occupation||Number Employed||Average Salary|
|Business and Financial Operations Occupations||14,020||$77,580|
|Financial Specialists, All Other||370||$67,930|
|Personal Financial Advisors||130||$104,460|
Data from the Bureau of Labor Statistics as of 2018.4
Alaska Salary and Job Outlook
Students with master’s in finance degrees in Alaska may find financial positions in the state after graduating. Southeast Alaska, in particular, is home to the second-highest concentration of jobs in business and financial operations occupations in a nonmetropolitan area in the country.5 Southeast Alaska also has the highest concentration and highest annual average salary for financial analyst positions.6 Financial analysts in the state at large earn an average of $98,120 annually, just around the national average of $97,640, and these positions are projected to grow by 4.9% in Alaska through 2024.4,6,7 Financial managers in the state earn an average of $111,010, and personal financial advisors have an average salary of $104,460.4 Those with master’s in finance degrees in Alaska may have an advantage finding positions such as these in the state’s finance sector.
- Society of Financial Service Professionals Alaska Chapter (SFSP Alaska) – Professional organization for those working in the financial planning industry. SFSP Alaska hosts monthly networking meetings and educational events.
- Alaska Government Finance Officers Association (AGFOA) – Group of professionals working in governmental finance. AGFOA promotes high industry standards and the continued education and development of its members.
- Alaska Society of Certified Public Accountants (AKCPA) – Organization of Certified Public Accountants in the state. AKCPA publishes industry news, supports networking and educational events, and promotes continued learning and mentorship in the field.
Directory of Alaska Master’s in Finance Programs
Alaska Pacific University
4101 University Dr
Anchorage, AK 99508
1. National Center for Education Statistics (NCES): https://nces.ed.gov/collegenavigator/
2. Bloomberg, Best Undergraduate Business Schools 2016: https://www.bloomberg.com/features/2016-best-undergrad-business-schools/
3. US News & World Report, Best Business Schools in 2017: https://www.usnews.com/best-graduate-schools/top-business-schools/mba-rankings
4. Bureau of Labor Statistics, Occupational Employment Statistics, May 2016 State Occupational Employment and Wage Estimates, Alaska: https://www.bls.gov/oes/current/oes_ak.htm
5. Bureau of Labor Statistics, Occupational Employment and Wages, May 2016, Business and Financial Operations Occupations: https://www.bls.gov/oes/current/oes130000.htm
6. Bureau of Labor Statistics, Occupational Employment and Wages, May 2016, Financial Analysts: https://www.bls.gov/oes/current/oes132051.htm
7. Projections Central, Long Term Occupational Projections: http://www.projectionscentral.com/Projections/LongTerm