Finance Schools in District of Columbia
Those interested in a master’s in finance degree in Washington DC will find information about different programs on this page. Schools in Washington DC offer a number of different finance degrees, from Master of Business Administration (MBA) to Master of Science in Finance (MSF). Some universities also offer specialization tracks or preparation for professional designation examinations. Students can choose from full-time, part-time, and online formats, allowing them to find programs that fit their schedules. Graduates with degrees in finance may find numerous opportunities to work in Washington DC after finishing their studies. Read on below to find out more information about different schools, program formats, and potential career opportunities in finance in Washington DC.
Finance Program Stats
- There are 7 four-year not-for-profit colleges and universities with finance degree programs in Washington DC.1
- 4 schools offer a master’s or advanced degree in finance.1
- Highest graduation rate*: Georgetown University 94%.1
- Highest transfer-out rate*: University of the District of Columbia 30%.1
- Highest net price per year*: George Washington University $39,562.1
- Lowest net price per year*: University of the District of Columbia $15,153.1
- Annual undergraduate tuition range for finance programs in Washington DC*: $5,612-$51,950.1
- 3 schools in the Businessweek’s Top Business Undergraduate Programs in 2016: Georgetown University McDonough School of Business (#17), George Washington University School of Business (#54), American University Kogod School of Business (#66).2
- 1 school in the US News Best Business Graduate Schools in 2017 (top 100): Georgetown University McDonough School of Business (#21).3
*For 4-year not-for-profit colleges and universities that offer a finance degree program.
Schools in Washington DC with Master’s in Finance Degrees
Traditional Master’s in Finance Programs
George Washington University
The School of Business at George Washington University offers a Master of Science in Finance (MSF) degree. This program can be completed on an intensive full-time basis in 12 months. Working professionals can study part-time in a paced 24-month track with courses held in the evenings and on Saturdays. The curriculum focuses on relevant industry topics such as risk management, financial engineering, banking, corporate finance, and portfolio analysis, and students learn quantitative computer skills alongside financial theory and applications. Students can take advantage of the Graduate Career Center to find resources for career opportunities and networking events. Applicants with a minimum of two years of full-time, relevant work experience are preferred, and students without a background in business or economics may need to complete additional prerequisites.
American University’s Kogod School of Business has a Master of Science in Finance (MSF) program designed for those seeking leadership positions in the finance industry. The curriculum focuses on core classes such as Financial Modeling, Investment Analysis and Portfolio Management, and Quantitative Methods in Finance. The coursework prepares students to sit for professional certification examinations like Chartered Financial Analyst (CFA) and Chartered Alternative Investment Analyst (CAIA). Class sizes are small, and students can take specialized courses such as Investment Banking, Financial Intermediation in Emerging Markets, and Investment Analysis. Students can also gain real-world experience by participating in the Student Managed Investment Fund Program, helping manage over $500,000 in assets, or on the virtual trading floor in the Financial Services and IT Lab. Through the Kogod Center for Career Development students have opportunities to network, meet on-campus recruiters, and attend career fairs. Graduates from American University can go on to work in the finance industry, corporate finance, government, and risk management institutions.
University of the District of Columbia
At the School of Business and Public Administration at the University of the District of Columbia, students can earn a Master of Business Administration (MBA) degree in four academic semesters. This program is designed for both recent graduates and mid-career professionals who are interested in leading organizations. The curriculum focuses on foundational business knowledge while emphasizing sustainability, entrepreneurship, and globalization. Students first complete 36 core credits, including courses such as Marketing Management, Business Research Methods, Financial Management, Business Law and Ethics, and Global Strategic Management. The remaining 12 elective credits can be tailored to match a student’s career interests, and elective courses are offered in subjects like Investments, Marketing Functions, and Cost Analysis and Control. Through these courses, students learn quantitative and qualitative skills as well as the technological and leadership tools needed to succeed in the business world.
Online Master’s in Finance Programs
Georgetown University’s McDonough School of Business offers a Master of Science in Finance (MSF) degree that can be completed entirely online. This degree is ideal for working professionals that are interested in advancing their business and technical finance skills. Students learn through a combination of independent study and synchronous learning, working through the course material during the week and attending one weekly live evening class. Students also complete a week-long on-campus residency near the end of the program. The curriculum includes core classes such as Financial Markets, Corporate Finance, Financial Econometrics, and Corporate Valuation and Modeling, and the intensive coursework focuses on corporate investment projects, valuation methods, and modeling tools. Students learn to take on the real-world applications of the classroom theory from a global perspective.
The School of Business at Howard University offers an online Executive Master of Business Administration (EMBA) degree designed for management professionals looking to further advance their career. Most students in the program have at least five years of professional work experience in a management or senior level role. The program can be completed entirely online in 18 months, and students learn the techniques and tools of high-level leadership in the business world. The EMBA program connects knowledge and application through a curriculum that emphasizes global business practices as well as decision-making and critical thinking. Students have access to the extensive Howard global alumni network to find networking opportunities and explore post-graduation career possibilities.
Washington DC Career Opportunities for Graduates
Washington DC provides many different opportunities for graduates with master’s degrees in finance. The major employer in Washington DC is the federal government, and many other industries are based on the work that the federal government does. Graduates may find opportunities to work as government financial officers or in other financial or accounting roles. Many national professional or trade associations, non-profit organizations, independent contractors, and research groups are based in Washington DC as well, offering positions in finance and administration. The DC area is home to many large national and international financial institutions, such as Capital One and Freddie Mac, and investment firms, such as The Carlyle Group and Strategic Investment Group. Students in finance schools in DC may have an advantage in securing internships or job placements in the public or private sector.
Washington DC Finance Job Information
|Occupation||Number Employed||Average Salary|
|Business and Financial Operations Occupations||102,510||$95,700|
|Financial Specialists, All Other||3,180||$100,640|
|Personal Financial Advisors||500||$135,130|
Data from the Bureau of Labor Statistics as of 2018.4
Washington DC Salary and Job Outlook
Graduates from finance schools in Washington DC may find opportunities to work in finance in the DC-metropolitan area after finishing their degree, especially considering that Washington DC is the state with the highest concentration of business and financial operations occupations in the country.5 The metropolitan DC area has one of the highest employment levels and highest salaries for financial specialists.6 These positions earn an average of $100,640 annually in DC, which is much higher than the national average of $76,230.4,6 Financial specialist positions are projected to grow by 14.6% through 2024, or by 120 positions annually, in Washington DC (nearly three times the national rate of 4.9%).7 Financial examiners in Washington DC are also some of the highest-paid in the nation, earning an average of $148,940 annually, while those in financial analyst positions can earn $103,900 annually.8,4 With a growing financial sector and competitive wages, Washington DC may provide many possible work opportunities for graduates with degrees in finance.
- National Organization of Investment Professionals (NOIP) – National network of those in the investment industry. Members of NOIP can attend industry conferences, networking events, and read published industry news and updates.
- Greater Washington Association for Financial Professionals (GWAFP) – Professional organization for those in the financial industry. GWAFP offers continued learning opportunities, networking activities, and support in obtaining industry certifications.
- Government Finance Officers Association (GFOA) – Nationwide organization for those working in governmental finance. The Federal Liaison Center of GFOA is based in Washington DC and promotes high industry standards among members and continued education and professional development opportunities.
Directory of Washington DC Master’s in Finance Programs
4400 Massachusetts Ave NW
Washington, DC 20016
George Washington University
2121 Eye St NW
Washington, DC 20052
37th and O St, NW
Washington, DC 20057
Trinity Washington University
125 Michigan Ave NE
Washington, DC 20017
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, Washington DC: https://www.bls.gov/oes/current/oes_dc.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 Specialists, All Other: https://www.bls.gov/oes/current/oes132099.htm
7. Projections Central, Long Term Occupational Projections: http://www.projectionscentral.com/Projections/LongTerm
8. Bureau of Labor Statistics, Occupational Employment and Wages, May 2016, Financial Examiners: https://www.bls.gov/oes/current/oes132061.htm