Finance Schools in Texas

Colleges and universities in Texas feature an eclectic menu of programs leading to undergraduate and graduate finance degrees. The University of Texas, Texas A&M University, and the University of North Texas, for example, all confer the Master of Science in Finance. Some programs allow students to specialize in areas including quantitative finance. Students seeking a convenient and a flexible alternative may want to consider an online master’s finance program.

Quick Facts:

  • There are 59 colleges and universities with finance degree programs in Texas.
  • 14 schools offer a master’s or advanced degree in finance.
  • Highest graduate rate*: Southern Methodist University, Texas A&M University – College Station, and Trinity University, 80%.1
  • Highest transfer-out rate*: University of Houston Downtown, 47%. 1
  • Highest net price per year*: Southern Methodist University, $30,574.1
  • Lowest net price per year*: Texas A&M International University, $1,925. 1
  • Annual undergraduate tuition range for finance programs in Texas: $7,028 – $41,750.2
  • 6 schools in the Businessweek’s Top Business Undergraduate Programs in 2013: University of Texas (9), Texas Christian University (28), Southern Methodist University (30), Texas A&M University (33), Baylor University (66), and University of Texas (75).
  • 8 schools in the US News Best Business Graduate Schools in 2013 (top 100): University of Texas Austin (17), Rice University (30), Texas A&M University College Station (35), University of Texas Dallas (37), Southern Methodist University (52), Baylor University (70), Texas Christian University (79) and University of Houston (96).

*For 4-year colleges and universities that offer a finance degree program.

Master’s in Finance Degree Programs in Texas

Southern Methodist University
Southern Methodist University offers a Master of Science in Finance degree program that provides a distinctive education to students who want to become more competitive in the workplace. The curriculum can be completed in two semesters, while covering thoroughly the subject areas students must master to become finance professionals. The majority of the courses for the program are concentrated in finance theory and practice. Southern Methodist University regularly appears near the top of national academic rankings.

University of Houston
University of Houston’s C.T. Bauer College of Business awards a Master of Science in Finance degree that equips students with the skills and knowledge base to become finance professionals. Evaluation of risk and understanding the relationships between risk and return are emphasized along with other subject areas in the core curriculum. An additional twelve credits in finance electives beyond the core 24 credits in the program contribute to a comprehensive degree plan. University of Houston was recently elevated to the status of a Tier One research university by the Carnegie Foundation, which the university anticipates will allow it to provide even deeper resources to graduate students in the coming years.

University of Texas at Austin
University of Texas at Austin offers a Master of Science in Finance (MSF) through the Red McCombs School of Business that provides a rigorous education in finance. Students can earn this MSF degree in less than one year, allowing them to embark upon careers in finance more quickly than would otherwise be possible. The faculty teaching the program are world class and the program has been recognized by multiple prestigious publications. Several Centers of Excellence maintained by the University of Texas at Austin offer supplementary educational opportunities through research and learning in interesting finance career areas. Overall, the University of Texas at Austin regularly receives high marks from US News & World Report, the Princeton Review, and Kiplinger’s Personal Finance.

Career Opportunities for Graduates

Forbes ranked Texas first out of all fifty states for the strength of its economic climate on its Best States for Business list, and also ranked the state highly for growth prospects and its labor supply. The San Antonio Economic Development Foundation reports that military financial services firm USAA is among the largest employers in San Antonio. Opportunities in banking, finance, and insurance are regularly posted by the firm, which offers competitive benefits to its employees. Many technology companies are opening offices in the Austin area according to the Austin Chamber of Commerce. Apple is among the firms attracted by Austin’s growing business center. Relying on finance professionals to ensure successful performance is part of Apple’s business model, and openings for its Austin location are posted to the main Apple careers website.

Texas Financial Analyst and Manager Salary and Job Outlook

The state of Texas is among the top five states for financial analysts and financial managers to find employment by measure of the number of finance professionals employed within the state.5,6 Financial analysts in Texas collect an average annual salary of $84,050, whereas financial managers in Texas collect an average annual salary of $118,630.7 The four major metropolitan areas in Texas, Dallas, Austin, San Antonio, and Houston, are among the best places for recent finance graduates to seek employment due to higher concentrations of finance professionals in these areas.6

Texas Finance Salary and Jobs

OccupationNumber EmployedAverage Salary
Financial Analysts18,610$85,640
Financial Examiners1,970$84,450
Financial Managers29,790$122,260
Loan Officers24,100$66,980
Personal Financial Advisors11,720$84,260

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=TX&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/oes132051.htm
6. Bureau of Labor Statistics: https://www.bls.gov/oes/current/oes113031.htm
7. Bureau of Labor Statistics: https://www.bls.gov/oes/current/oes_tx.htm