Finance Schools in District of Columbia
American University, George Washington University, and Trinity Washington University afford graduate students the opportunity to earn a graduate degree in finance. Both American University and George Washington University award the Master of Science in Finance while Trinity Washington University confers the Master of Business Administration (MBA) with a finance concentration. Students also have the option of earning a master’s degree in finance online. Some programs allow students to fulfill master’s in finance degree requirements exclusively or partially online.
- There are 8 colleges and universities with finance degree programs in Washington DC.
- 3 schools offer a master’s or advanced degree in finance.
- Highest graduate rate*: Georgetown University, 93%.1
- Highest transfer-out rate*: Trinity Washington University, 25%.1
- Highest net price per year*: Catholic University of America, $35,160.1
- Lowest net price per year*: Gallaudet University, $11,876.1
- Annual undergraduate tuition range for finance programs in Washington DC: $12,806 – $45,780.2
- 3 schools in the Businessweek’s Top Business Undergraduate Programs in 2013: Georgetown University (16), American University (56), and George Washington University (71).
- 2 schools in the US News Best Business Graduate Schools in 2013 (top 100): Georgetown University (25) and George Washington University (56).
*For 4-year colleges and universities that offer a finance degree program.
Master’s in Finance Degree Programs in District of Columbia
American University, through its Kogod School of Business, offers a Master of Science in Finance degree earned through a challenging course of study which helps future finance professionals build analytical and decision-making skills. The curriculum focuses on modeling, investments, derivatives, and other quantitatively intense fields of study and can be completed in one year through full-time study or two years through part-time study. Students may also choose to participate in the school’s Student Managed Investment Fund, which allocates $300,000 in assets. American University holds prestigious rankings from US News & World Report, Entrepreneur, Forbes, and Businessweek.
George Washington University
The George Washington University offers a Master of Science in Finance degree that combines the normal coursework for a master’s in finance with coursework in financial engineering, giving students knowledge in quantitative finance as well as business. Research and modeling are important aspects of the coursework, as are studies in risk management, banking, and corporate finance. The program takes between 12 and 24 months to complete. Graduates are actively assisted by the school in pursuing career opportunities. The graduate programs offered by the George Washington University School of Business have been recognized as among the best programs in the nation by the Aspen Institute, Economist, US News & World Report, and many other top publications.
The University of Maryland
The University of Maryland offers a Master of Science in Business: Finance degree program on its Washington, DC campus through its Robert H. Smith School of Business. This program emphasizes the importance of responsible financial planning and decision making in business and is taught by faculty who are active in the world of business. In addition to seven core courses, students select 16 credits of electives in business and finance to complete the degree, which can be pursued full or part-time. The University of Maryland is ranked highly by Kiplinger’s Personal Finance and The Wall Street Journal.
Career Opportunities for Graduates
The Washington DC metropolitan area is ranked highly by Forbes on its “Best Places for Business and Careers” list, in part for the high average education level of residents. According to the Washington Post, Fannie Mae is one of the top DC-area employers. Fannie Mae’s twin goals of strengthening the housing finance system and making homeownership affordable are supported by finance professionals, which it actively recruits. The Carlyle Group is another top employer in Washington, DC. Based in Washington, DC, The Carlyle Group specializes in alternative asset management on a global scale. Finance graduates may join the firm through one of three main career tracks. Interested applicants are encouraged to send a resume and cover letter.
District of Columbia Financial Analyst and Manager Salary and Job Outlook
Financial analysts in Washington, DC make an average annual salary of $95,340, while financial managers here make an average annual salary of $130,700.5 Washington, DC is home to one of the highest concentrations of financial analysts in the nation, as well as being one of the top-paying localities for this profession.6 While financial managers are not as highly concentrated in DC as in select other areas, DC still ranks as one of the top-paying localities for financial managers as well.7 The BLS predicts strong job growth for financial analysts and managers between 2010 and 2020 at 23% and 9% respectively.8,9
Washington DC Finance Salary and Jobs
|Occupation||Number Employed||Average Salary|
|Personal Financial Advisors||770||$99,350|
Data from the Bureau of Labor Statistics as of May 2012.
1. National Center for Education Statistics: https://nces.ed.gov/collegenavigator/
2. Niche College Search: https://www.niche.com/colleges/?degree=4-year&state=DC&major=finance-accounting&sort=best
3. Bloomberg Businessweek: https://www.bloomberg.com/features/2016-best-undergrad-business-schools/
4. US News and World Report: https://www.usnews.com/best-graduate-schools/top-business-schools/mba-rankings
5. Bureau of Labor Statistics: https://www.bls.gov/oes/current/oes_dc.htm
6. Bureau of Labor Statistics: https://www.bls.gov/oes/current/oes132051.htm
7. Bureau of Labor Statistics: https://www.bls.gov/oes/current/oes113031.htm
8. Bureau of Labor Statistics: https://www.bls.gov/ooh/business-and-financial/financial-analysts.htm#tab-6
9. Bureau of Labor Statistics: https://www.bls.gov/ooh/management/financial-managers.htm#tab-6