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Finance Schools in Ohio

This guide provides information about master in finance degrees in Ohio. Those interested in an advanced finance degree can find many different program and curriculum options within the state. Ohio universities offer a range of degrees, from Masters of Business Administration (MBA) to Masters of Science in Finance (MSF) to other quantitative and technical degrees in finance. Students can choose between accelerated, full-time programs, part-time evening or weekend schedules, or entirely online degrees. Graduates with master’s in finance degrees may find career opportunities in Ohio after finishing their studies. Continue reading below to find details about Ohio finance degrees, different program types, and opportunities within the finance industry.

Finance Program Stats

  • There are 40 four-year not-for-profit colleges and universities with finance degree programs in Ohio.1
  • 11 schools offer a master’s or advanced degree in finance.1

Institution-Wide Facts

  • Highest graduation rate*: Ohio State University Main Campus 84%.1
  • Highest transfer-out rate*: Lourdes University 46%.1
  • Highest net price per year*: University of Dayton $34,019.1
  • Lowest net price per year*: Youngstown State University $11,271.1
  • Annual undergraduate tuition range for finance programs in Ohio*: $8,317-$46,006.1
  • 10 schools in the Businessweek’s Top Business Undergraduate Programs in 2016: Ohio State University Fisher College of Business (#14), John Carroll University Boler School of Business (#30), Ohio University College of Business (#38), Ohio Northern University James F. Dicke College of Business Administration (#45), Case Western Reserve University Weatherhead School of Management (#60), Bowling Green State University College of Business (#71), University of Cincinnati Carl H. Lindner College of Business (#84), University of Toledo College of Business and Innovation (#96), University of Akron College of Business Administration (#98), Kent State University College of Business Administration (#111).2
  • 3 schools in the US News Best Business Graduate Schools in 2017 (top 100): Ohio State University Fisher College of Business (#27), Case Western Reserve University Weatherhead School of Management (#77), University of Cincinnati Carl H. Lindner College of Business (#79).3

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

Schools in Ohio with Master’s in Finance Degrees

Traditional Master’s in Finance Programs

Ohio State University

The Fisher College of Business at Ohio State University offers a Specialized Master in Finance (SMF) degree that can be earned in just two semesters. The program starts with a core curriculum focused on contemporary issues in finance. The foundational classes teach students financial theory, quantitative analytical skills, teamwork, communication strategies, and principles of ethical and professional conduct. The program also emphasizes the knowledge and application of the software tools and databases used in the finance industry. After completing the core curriculum, students can choose their own electives to earn one of four specializations: corporate finance, investment management, risk management, and real estate. For those interested in the Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM) designations, the program at OSU prepares students to sit for the examinations. Ohio State also encourages SMF students to pair with alumni in a mentorship program focused on post-graduation opportunities.

Case Western Reserve University

At Case Western Reserve University’s Weatherhead School of Management, students can earn a Master of Science in Management-Finance (MSMF). This program focuses on giving students a strong foundation in finance while also connecting real-world applications. Students learn the necessary knowledge to work in corporate finance, financial modeling, valuation, derivatives, and risk management. No work experience is required for the program, and the curriculum can be completed in two semesters. Students interested in subjects beyond the core requirements can add a departmental certification in a specialization such as Financial Big Data, Corporate Finance, or Risk Management. Case Western offers career resources for students through alumni connections, internship possibilities, and professional development opportunities. The curriculum prepares students to sit for the Chartered Financial Analyst (CFA) examination. The Weatherhead School of Management also offers a dual-degree program for students interested in both the MSMF and a Master of Business Administration (MBA).

University of Toledo

The College of Business and Innovation at University of Toledo offers a Master of Business Administration degree program that can be started at multiple points within the year. Those pursuing the degree full-time can complete the program in 12-15 months, and working professionals attending school part-time can complete the degree in two to three years. MBA students can select up to two majors from areas such as finance, information systems, international business, leadership, and other business topics. The College of Business and Innovation maintains relationships with area businesses and alumni, connecting students for internship possibilities and consulting opportunities. The University of Toledo also offers a 12-month Executive MBA designed for those with three to five years of business experience and significant management responsibilities.

Online Master’s in Finance Programs

Ohio University

At Ohio University, students can earn a Master of Financial Economics (MFE) completely online. This program is ideal for those interested in managing the interaction between financial markets and the larger economic environment. Graduates from OU go on to pursue careers in areas such as bond analysis, equity analysis, and investment management at mutual funds, insurance companies, and investment banks. The curriculum focuses on investment management, and the course content also prepares students for the Chartered Financial Analyst (CFA) examination. Coursework includes topics such as Financial Statement Analysis, Econometrics, Quantitative Analysis in Financial Markets, Corporate Finance, and Portfolio Theory.

Cleveland State University

The Master of Business Administration (MBA) degree program at Cleveland State University can be completed entirely online. Students can start in the fall or spring, and the curriculum can be completed in one year. The MBA format is flexible and ideal for professionals who travel or work full-time, and the program tuition is the same for both in-state and out-of-state students. The curriculum focuses on courses such as International Business, Managerial Accounting, Marketing Strategy, Integrative Business Strategy, and Business Analytics Fundamentals. Those without an undergraduate business degree may be required to take additional prerequisites.

Ohio Career Opportunities for Graduates

Ohio’s state economy is home to many local and national companies with career opportunities for graduates with master of finance degrees. This Midwestern state has a large trade, transportation, and utilities sector, and the economy also includes many manufacturing, bioscience, and financial companies. Major companies such as Procter & Gamble, Goodyear Tire & Rubber, AK Steel, and Cardinal Health are headquartered in Ohio. Financial services companies such as KeyBank, Fifth Third Bancorp, and American Financial Group are also based in the state, offering many potential financial positions. Progressive, Nationwide, and other insurance companies have headquarters in the state as well. With many large and growing companies based in Ohio, students with a finance master’s may find career opportunities in financial roles here after graduation.

Ohio Finance Job Information

OccupationNumber EmployedAverage Salary
Business and Financial Operations Occupations261,220$67,400
Financial Analysts8,850$78,060
Financial Examiners3,330$74,330
Financial Managers20,270$125,660
Financial Specialists, All Other5,360$74,910
Loan Officers11,980$69,140
Personal Financial Advisors5,670$112,320

Data from the Bureau of Labor Statistics as of 2018.4

Ohio Salary and Job Outlook

Graduates from finance schools in Ohio may find opportunities to work within the state’s financial industry after graduation. Regions such as North Northeastern Ohio and West Northwestern Ohio have some of the highest employment levels of business and financial operations occupations in nonmetropolitan areas in the nation.5 These positions earn an average salary of $67,400 in Ohio, similar to the national average of $75,070.4,5 Ohio has the fourth highest concentration of financial examiners in the country, and Akron is one of the top-paying metropolitan areas for the position.6 Financial examiners in Ohio earn an average of $74,330 a year, and positions in Ohio are projected to grow by 3.7% through 2024.4,7 Other positions such as financial analysts and financial managers are projected to grow at rates slightly below the national average, but an average of 270 financial analyst positions and 620 financial manager positions are projected to be added in the state every year through 2024.7 Students with master’s in finance degrees may have an advantage finding positions in the state’s growing and nationally competitive finance industry.

Additional Resources

  • Association for Financial Professionals Northern Ohio (Northern Ohio AFP) – Association focused on the advancement of finance and treasury professionals through monthly meetings, educational events, and scholarship opportunities. The AFP also has chapters in Central Ohio and Southwest Ohio.
  • The Ohio Society of CPAs (OSCPA) – Statewide organization of certified public accountants. OSCPA aims to advance business in Ohio and provide CPAs with continued education events and networking opportunities.
  • Ohio Bankers League (OBL) – Trade association for the Ohio banking industry. Members advocate for industry standards, promote banking in Ohio, and organize networking and educational events.

Directory of Ohio Master’s in Finance Programs

Bowling Green State University
Bowling Green, Ohio
43403
(419) 372-2531
https://www.bgsu.edu/

Case Western Reserve University
10900 Euclid Ave
Cleveland, OH 44106
(216) 368-2000
https://case.edu/

Mount Vernon Nazarene University
800 Martinsburg Rd
Mt Vernon, OH 43050
(740) 397-9000
https://www.mvnu.edu/

Ohio State University
281 W Lane Ave
Columbus, OH 43210
(614) 292-6446
https://www.osu.edu/

Tiffin University
155 Miami St
Tiffin, OH 44883
(800) 968-6446
http://www.tiffin.edu/

University of Akron
302 E Buchtel Ave
Akron, OH 44325
(330) 972-7111
http://www.uakron.edu/

University of Cincinnati
2600 Clifton Ave
Cincinnati, OH 45221
(513) 556-0000
http://www.uc.edu/

University of Toledo
2801 W Bancroft
Toledo, OH 43606
(800) 586-5336
http://www.utoledo.edu/

Ursuline College
2550 Lander Rd
Pepper Pike, OH 44124
(440) 449-4200
http://www.ursuline.edu/

Xavier University
3800 Victory Pkwy
Cincinnati, OH 45207
(513) 745-3000
https://www.xavier.edu/

Youngstown State University
One University Plaza
Youngstown, OH 44555
(330) 941-3000
http://www.ysu.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, Ohio: https://www.bls.gov/oes/current/oes_oh.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 Examiners: https://www.bls.gov/oes/current/oes132061.htm
7. Projections Central, Long Term Occupational Projections: http://www.projectionscentral.com/Projections/LongTerm