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Finance Schools in Arizona

This page contains information on master’s degrees in finance in the state of Arizona. Many Arizona universities offer a Master of Business Administration, with the possibility of adding a finance concentration, and other schools offer master’s in finance programs. For working professionals or students looking for more flexible options, some universities have comprehensive online finance degree programs that can be completed on a part-time or full-time basis. After graduation, those with an advanced degree from a finance school may find career opportunities in companies located in Arizona. This guide provides details on specific degrees in finance, as well as potential post-graduation employment opportunities in finance.

Finance Program Stats

  • There are 4 four-year not-for-profit colleges and universities with finance degree programs in Arizona.1
  • 3 schools offer a master’s or advanced degree in finance.1

Institution-Wide Facts

  • Highest graduation rate*: Arizona State University-Tempe 67%.1
  • Highest transfer-out rate*: N/A**1
  • Highest net price per year*: University of Arizona $16,466.1
  • Lowest net price per year*: Arizona State University-Tempe $13,007.1
  • Annual undergraduate tuition range for finance programs in Arizona*: $10,370–$37,100.1
  • 1 school in the Businessweek’s Top Business Undergraduate Programs in 2016: University of Arizona Eller College of Management (#80).2
  • 3 schools in the US News Best Business Graduate Schools in 2017 (top 100): Arizona State University W.P. Carey School of Business (#25), University of Arizona Eller College of Management (#49), Thunderbird School of Global Management (#88) 3

*For not-for-profit 4-year colleges and universities that offer a finance degree program.
**Data not available from the NCES.

Schools in Arizona with Master’s in Finance Degrees

Traditional Master’s in Finance Programs

University of Arizona

The University of Arizona’s Eller College of Management offers a Master of Science in Finance (MSF) that gives students a broad exposure to different areas of the finance industry. This program is designed for those just completing their bachelor’s degree, so previous work experience is not required. Students can complete their master’s in finance in an intensive 12 months, including a summer project, or in 16 months over the course of three semesters. Classwork focuses on financial principles as well as advanced analytical skills. By customizing electives and choosing a master’s project, students can follow one of two tracks of study: investment management or corporate finance. The University of Arizona also offers examination preparation for the Chartered Financial Analyst (CFA) designation.

Arizona State University

At the W.P. Carey School of Business at Arizona State University, students can complete a Master of Science in Finance (MSF) in nine months. The curriculum focuses on financial principles and asset and portfolio management. Students gain a foundation for careers in the corporate finance industry, such as financial planning, investment banking, and risk management. Arizona State University is America’s largest public university, but the W.P. Carey School of Business prioritizes small class sizes, team-based collaboration, and customized learning. For future career opportunities, students can access the graduate career center to build their resumes, search for industry positions, and access a large alumni network.

Northern Arizona University

Northern Arizona University offers a Master of Global Business Administration (MGBA), through which students learn theoretical concepts in global business while also gaining real-world experience. Students can complete the program in an accelerated year or in three normal semesters. The program focuses on both domestic and global business practices with a particular emphasis on foreign trade issues. Students work with their peers on real-life projects and have the opportunity for mentorship from collaborating business partners. The MGBA program curriculum covers international business, managerial skills, and ethical approaches to business. In addition, students learn problem-solving skills, business communication, and leadership strategies.

Online Master’s in Finance Programs

University of Arizona

The University of Arizona’s Eller College of Management offers an online MBA program for financial professionals looking for an advanced degree in the field. Students can start the program at six different points throughout the year and earn their degree in 14 months to four years. The program is geared toward working professionals with at least two to three years of experience who are looking to move their career forward. By taking specific electives, students can tailor their online MBA with one of six concentrations, such as finance, information system management, or entrepreneurship.

Arizona State University

Arizona State University offers an online Master of Business Administration (MBA) that follows the same comprehensive business curriculum as its on-campus degrees. At the W.P. Carey School of Business, students take one course at a time, and each course is an immersive five weeks. Online MBA students work with one another remotely to collaborate on projects about real-world business practices. The program starts in January and in August, and students can combine the MBA with concurrent degrees. The coursework and curriculum give students the financial foundation to work as financial managers, business executives, and marketing managers.

Arizona Career Opportunities for Graduates

Opportunities for graduates with masters in finance in Arizona are growing in the finance industry. Most finance jobs are located in the Phoenix metropolitan area, which includes the cities of Phoenix, Scottsdale, Tempe, and Mesa. Banking companies such as Bank of America and JP Morgan Chase & Co are located in this urban center. National insurance companies like State Farm Insurance and USAA have large centers in Arizona, offering positions such as financial analysts and risk managers. Other financial service organizations, such as Northern Trust and Charles Schwab, provide opportunities in the wealth management sector for graduates with advanced degrees in finance.

Arizona Finance Job Information

OccupationNumber EmployedAverage Salary
Business and Financial Operations Occupations138,200$66,140
Financial Analysts6,380$74,840
Financial ExaminersN/A*$81,060
Financial Managers10,930$113,520
Financial Specialists, All Other1,460$86,260
Loan Officers9,840$68,130
Personal Financial Advisors3,890$104,210

Data from the Bureau of Labor Statistics as of 2017.
*Data not available from the BLS.4

Arizona Salary and Job Outlook

The finance industry positions in Arizona provides many well-paying jobs. Financial analysts in Arizona make a mean annual wage of $74,840, while financial managers earn $113,520.4 Financial manager positions are expected to grow in Arizona by 23.4%, or 480 positions a year, much higher than the national average of 6.8%.5 Personal financial advisors in Arizona earn an average annual wage of $104,210, slightly less than the average national wage ($123,100).4,6 However, positions in the personal financial advising field are growing at a rate of 33.8% in Arizona, faster than the national rate of 29.6%.5 The Phoenix metropolitan area has one of the highest employment levels of personal financial advisors and financial managers in the nation, making it a hub for Arizona’s finance industry.6,7

Additional Resources

  • Association for Financial Professionals of Arizona (AFPA) – Group of Treasury Professionals who meet nearly monthly and hold an annual industry conference. They also sponsor networking events, teach educational sessions, and host industry speakers.
  • Financial Planning Association of Greater Phoenix (FPA) – Local chapter of the Financial Planning Association, the largest national organization for certified financial planners. The organization consists of financial planners, academics, working professionals in financial services, and students.
  • Risk Management Association Arizona Chapter (RMAAZ) – Professional organization that advances the use of sound risk evaluation in the finance industry. RMAAZ advocates for risk management in credit, markets, and operations within the industry.

Directory of Arizona Master’s in Finance Programs

Arizona State University-Tempe
Tempe, AZ 85281
(480) 965-2100
https://www.asu.edu/

Thunderbird School of Global Management
1 Global Pl
Glendale, AZ 85306
(602) 978-7000
https://thunderbird.asu.edu/

University of Arizona
Tucson, Arizona 85721
(520) 621-2211
http://www.arizona.edu/

References:
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, Arizona: https://www.bls.gov/oes/current/oes_az.htm
5. Projections Central, Long Term Occupational Projections: http://www.projectionscentral.com/Projections/LongTerm
6. Bureau of Labor Statistics, Occupational Employment and Wages, May 2016, Personal Financial Advisors: https://www.bls.gov/oes/current/oes132052.htm
7. Bureau of Labor Statistics, Occupational Employment and Wages, May 2016, Financial Managers: https://www.bls.gov/oes/current/oes113031.htm