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Finance Schools in New York

This guide provides information on New York colleges and universities that offer master’s degrees in finance and related fields. New York is a hub, nationally and globally, for financial services, and many colleges and universities in the state offer a variety of degrees in finance. New York is home to 19.75 million people, with nearly half of the population living in New York City. The financial industry is expected to grow in the coming years, and students with finance degrees in New York may be qualified for positions such as financial analysts, loan officers, or financial managers. New York’s finance schools provide master’s degrees that can be completed in one to two years, and some offer flexible weeknight or weekend classes and even online options. Those interested in the dynamic field of finance can find information on master’s degrees in finance below. If you are ready to search for open job positions in New York, see our up-to-date job listings, or if you’d like to learn more about online master’s degrees, check out our Guide to Earning a Master’s Degree Online.

Finance Program Stats

  • There are 50 four-year not-for-profit colleges and universities that offer finance degree programs in New York.1
  • 24 schools offer a master’s or advanced degree in finance.1

Institution-Wide Facts

  • Highest graduation rate*: New York University and University of Rochester 85%.1
  • Highest transfer-out rate*: Manhattanville College and New York Institute of Technology 41%.1
  • Highest net price per year*: Fordham University $38,008.1
  • Lowest net price per year*: CUNY Bernard M Baruch College $9,510.1
  • Annual undergraduate tuition range for finance programs in New York*: $8,704-$38,008.1
  • 7 New York schools listed in Businessweek’s Top Business Undergraduate Programs in 2016: New York University (#9), Cornell University (#11), Syracuse University (#23), Fordham University (#27), University at Buffalo-SUNY (#85), Ithaca College (#87), Marist College (#108). 2
  • 11 New York schools in the US News Best Business Graduate Schools in 2017 (top 100): Columbia University Columbia Business School (#9), New York University Stern School of Business (#12), Cornell University SC Johnson College of Business (#16), University of Rochester Simon Business School (#43), CUNY Bernard M. Baruch College Zicklin School of Business (#57), Fordham University Gabelli School of Business (#73), University at Buffalo-SUNY School of Management (#73), Binghamton University-SUNY School of Management (#77), Syracuse University Whitman School of Management (#88), Rochester Institute of Technology Saunders College of Business (#91), University at Albany-SUNY School of Business (#91).3

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

Schools in New York with Master’s in Finance Degrees

Traditional Master’s in Finance Programs

University of Rochester

The Simon Business School at the University of Rochester teaches students how to excel in the global business market, with an analytic-based curriculum and practical experience. The Master of Science in Finance program can be completed in an accelerated 10-month track or a 17-month track that includes an internship opportunity. This finance school’s program is STEM-designated, which encourages a global student body and learning environment. Students interested in earning an MBA can use credits from the MS program to transfer to Rochester’s MBA and Executive MBA programs. During the master’s in finance program, students study corporate finance, communication techniques, statistics, and economics. In 2017, this program was ranked number 18 in Finance by US News & World Report.

Cornell University

Cornell University’s SC Johnson College of Business focuses on finance fundamentals while also emphasizing applied learning and real-world business experience. Cornell offers two MBA tracks, a two-year program and an accelerated one-year option. The MBA program focuses on developing leadership and creative problem-solving skills, and students have the option of adding a “tech” specialty. Students can also combine an MBA with another graduate degree, such as a JD in law, MPS in real estate, or MHA in health administration. The largest Ivy League university also has an extensive network of summer internships and hands-on learning opportunities. With thorough training in problem-solving and leadership, 94% of Cornell MBA graduates are employed by the time they finish the program.

University at Buffalo

The Finance Department and School of Management at the University at Buffalo offers a wide range of finance degrees. Undergraduates can major in financial analysis and find real-world experience in internships. The university offers an MBA with a concentration in financial management and a Master of Science in Finance with a concentration in either financial management or quantitative finance. The University at Buffalo focuses on the principles of markets while providing opportunities to learn in the field. All students at the finance school can gain practical experience in the school’s Terese Kelly Investment Group, which is an endowment fund with real money for students to invest.

Online Master’s in Finance Programs

Pace University

Pace University’s Lubin School of Business offers a Master of Science in Finance for Professionals (MPF), a degree tailored to people already in the finance industry or wanting to break in. The accelerated program is a 36-credit, one-year course. Most of the classes and work are completed online, with six immersive weekends spaced out over the year. The Master’s in Finance for Professionals degree is meant for students who want to sustain their career momentum while also pursuing a finance degree. The coursework is project-based, with students working in team scenarios and consultant roles. Applicants ideally have three years of experience in finance or a background in a quantitative industry.

Metropolitan College of New York

The MBA in Financial Services program at the Metropolitan College of New York is a flexible master of finance option for those already in the industry. The New York City-based program typically takes a year to complete, with some courses on campus and some courses available online. For students with an educational background in business and a strong transcript, up to 12 prerequisite credits out of 45 may be waived. Finance degree students study the foundations of the financial field, and the tuition includes a 10-day study abroad program outside of the US in a real-world business environment. The MBA in Financial Services program focuses on project-centered learning and the future of financial markets.

New York Career Opportunities for Graduates

The state of New York is home to many major financial institutions and well-known companies. New York City is a major financial hub, with numerous organizations tied to the New York Stock Exchange, the largest stock exchange by market value in the world. Investment companies like Lehman Brothers and J.P. Morgan are headquartered in the city, as well as numerous financial groups, like Citigroup and American Express. Major companies, from HBO to Pfizer, also have headquarters in New York. These national and international businesses offer diverse opportunities in the field of finance, from financial analyst positions to corporate accountants. Students in finance degree programs in New York benefit from close proximity to major and innovative businesses, allowing hands-on experience, opportunities to network, and internship possibilities.

New York Finance Job Information

OccupationNumber EmployedAverage Salary
Business and Financial Operations Occupations523,440$92,630
Financial Analysts49,050$129,640
Financial Examiners5,140$112,840
Financial Managers40,250$193,470
Financial Specialists, All Other4,230$100,410
Loan Officers11,250$101,630
Personal Financial Advisors27,790$154,900

Data from the Bureau of Labor Statistics as of 2017.4

New York Finance Salary and Job Outlook

Financial operations occupations are projected to grow in the United States, and New York is one of the top states for growth.5 New York has the highest employment level of financial analysts, who earn the highest mean wage in the nation, at $129,640 annually.6 Personal financial advisors in New York also earn the highest mean wage nationally, at $154,790 annually, and the field is expected to grow by 25.2% in New York, or 1,680 openings a year over the next 10-year period.7,5 Financial managers, loan officers, and other business operations specialists earn some of the highest salaries in the nation, and these New York financial industries are projected to maintain or surpass the national rate of growth.8,5 New York is a dynamic, thriving financial hub with a demand for students with advanced degrees in finance.

Additional Resources

  • CFA (Chartered Financial Analyst) Society New York – Leading professional organization for the investment industry, encouraging exchange of information and networking among investment professionals. NY’s CFA society is the largest in the world, with over 10,000 members.
  • Association for Financial Professionals Western New York – Professional organization providing educational opportunities and open exchange between financial professionals, with conferences and meetings in the Buffalo, Rochester, Syracuse, and Finger Lakes regions.

Directory of New York Master’s in Finance Programs

Adelphi University
1 South Ave
Garden City, NY 11530
(800) 233-5744
http://www.adelphi.edu/

CUNY Bernard M Baruch College
55 Lexington Ave
New York, NY 10010
(646) 312-1000
http://www.baruch.cuny.edu/

Fordham University
Rose Hill Campus
441 East Fordham Road
Bronx, NY 10458
(718) 817-1000
https://www.fordham.edu/

Hofstra University
1000 Fulton Ave
Hempstead, NY 11549
(516) 463-6600
https://www.hofstra.edu/home/index.html

Iona College
715 North Ave
New Rochelle, NY 10801
(914) 633-2000
https://www.iona.edu/home.aspx

Manhattanville College
2900 Purchase St
Purchase, NY 10577
(914) 323-5464
https://www.mville.edu/

Metropolitan College of New York
60 West St
New York, NY 10006
(212) 343-1234
https://www.mcny.edu/

Molloy College
1000 Hempstead Ave
Rockville Centre, NY 11570
(516) 323-4000
https://www.molloy.edu/

New York Institute of Technology
1855 Broadway
New York, NY 10023
(212) 261-1500
https://www.nyit.edu/

New York Law School
185 W Broadway
New York, NY 10013
(212) 431-2100
http://www.nyls.edu/

New York University
Manhattan Campus
70 Washington Square South
New York, NY 10012
(212) 998-1212
http://www.nyu.edu/

Niagara University
5795 Lewiston Rd
Niagara University, NY 14109
(716) 285-1212
https://www.niagara.edu/

Pace University-New York
1 Pace Plaza
New York, NY 10038
(866) 722-3338
http://www.pace.edu/

Rensselaer Polytechnic Institute
110 8th St
Troy, NY 12180
(518) 276-6000
https://www.rpi.edu/

Rochester Institute of Technology
1 Lomb Memorial Dr
Rochester, NY 14623
(585) 475-2411
http://www.rit.edu/

St John’s University-New York
8000 Utopia Pkwy
Queens, NY 11439
(718) 990-2000
https://www.stjohns.edu/

St. Thomas Aquinas College
125 NY-340
Sparkill, NY 10976
(845) 398-4100
https://www.stac.edu/

Stony Brook University
100 Nicolls Rd
Stony Brook, NY 11794
(631) 632-6000
http://www.stonybrook.edu/

SUNY Empire State College
111 West Ave
Saratoga Springs, NY 12866
(518) 587-2100
https://www.esc.edu/

Syracuse University
900 South Crouse Ave
Syracuse, NY 13244
(315) 443-1870
https://www.syracuse.edu/

Touro College
27, 33 W 23rd St
New York, NY 10010
(212) 463-0400
http://www.touro.edu/

University at Buffalo
12 Capen Hall
Buffalo, NY 14260
(716) 645-2000
http://www.buffalo.edu/

University of Rochester
252 Elmwood Ave
Rochester, NY 14620
(585) 275-2121
http://www.rochester.edu/

Wagner College
1 Campus Rd
Staten Island, NY 10301
(718) 390-3100
http://wagner.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, New York: https://www.bls.gov/oes/current/oes_ny.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, Financial Analysts: https://www.bls.gov/oes/current/oes132051.htm
7. Bureau of Labor Statistics, Occupational Employment and Wages, May 2016, Personal Financial Advisors: https://www.bls.gov/oes/current/oes132052.htm
8. Bureau of Labor Statistics, Occupational Outlook Handbook, Business and Financial Occupations: https://www.bls.gov/ooh/business-and-financial/home.htm