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Finance Schools in West Virginia

This page provides information about master’s in finance degrees in West Virginia. Those interested in an advanced degree in finance in the state have many different program options. West Virginian universities offer degrees such as Master of Science in Finance (MSF) and Master of Business Administration (MBA), and some finance programs also provide optional degree concentrations or graduate certificates. Students can choose to study on a full-time or part-time basis, and many programs offer evening classes or fully online degrees for working professionals. After graduation, those with master’s degrees in finance may find opportunities to work in finance in one of the many financial institutions or businesses located in the state. Continue reading below to learn more information about degree options, program curriculum, and careers in finance in West Virginia.

Finance Program Stats

  • There are 5 four-year not-for-profit colleges and universities with finance degree programs in West Virginia.1
  • 2 schools offer a master’s or advanced degree in finance.1

Institution-Wide Facts

  • Highest graduation rate*: West Virginia University 57%.1
  • Highest transfer-out rate*: University of Charleston 43%.1
  • Highest net price per year*: Bethany College $23,093.1
  • Lowest net price per year*: Marshall University $9,037.1
  • Annual undergraduate tuition range for finance programs in West Virginia*: $7,154-$29,900.1
  • No schools in the Businessweek’s Top Business Undergraduate Programs in 2016.2
  • No schools in the US News Best Business Graduate Schools in 2017 (top 100).3

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

Schools in West Virginia with Master’s in Finance Degrees

Traditional Master’s in Finance Programs

West Virginia University

The College of Business and Economics at West Virginia University offers a Master of Science in Finance (MSF) degree program ideal for professionals with finance industry experience or for recent graduates with undergraduate degrees in accounting, finance, engineering, mathematics, economics, or other sciences. The 38-credit-hour curriculum can be completed in one to two years, depending on a student’s schedule, and students are prepared to sit for the Chartered Financial Analyst (CFA) examination. Core classes include Quantitative Finance, Derivative Securities, and Portfolio Management. After completing the foundational curriculum, students interested in careers in the energy sector have an option to specialize in Energy Finance. Work experience is preferred but not required, and students without significant work experience complete an internship as part of the program. Some students may need to take additional prerequisite courses, available online through the university, before starting the program. WVU also offers a dual MSF degree and Master of Business Administration (MBA) degree, as well as an MBA with a Finance emphasis.

University of Charleston

At the University of Charleston, students can complete a Master of Business Administration (MBA) degree in 16 months. This program is designed for both working professionals and recent undergraduates, with courses available in the evening or in a synchronous format that can be completed entirely online. The curriculum emphasizes both theory and practical experience, with a focus on analytical and problem-solving skills. In courses such as Managerial Accounting and Finance, Managerial Economics, and Operations Management, students learn business fundamentals as well as written and oral communications and teamwork. Students can gain real-world experience through local consulting opportunities or an optional international practicum trip, and students with less than three years of work experience will enroll in mentoring and internship opportunities as part of their course schedule. With classroom learning and hands-on experience, students at UCWV learn leadership and management skills necessary in business.

West Virginia Wesleyan College

Students at West Virginia Wesleyan College can earn a Master of Business Administration (MBA) degree in two years by studying full-time or in three years on a part-time basis. WVWC offers a general management curriculum that prepares its students to be leaders in organizations. The MBA program focuses on the functional areas of business, such as accounting, finance, management, and marketing, as well as the new trends in market globalization and technological advancements. Students also learn the foundations of quantitative analysis, behavioral sciences, and economics to analyze and understand business challenges. After completing the core curriculum, students can choose an optional concentration in healthcare administration, human resource management, labor and law, nonprofit management, or a customized specialization. Undergraduate students already at WVWC can combine their undergrad and graduate requirements and complete both degrees in a five-year program.

Online Master’s in Finance Programs

Marshall University

The Lewis College of Business at Marshall University offers a Master of Business Administration (MBA) degree that can be completed entirely online. The coursework emphasizes applying theory to real situations, teaching students management tools, critical thinking, communication skills, and problem-solving strategies. Core courses include Organizational Behavior, Management Information Systems, and Business Policy and Strategy. Students can also choose to pursue optional focus areas such as finance, healthcare administration, human resource management, management, or marketing. All program courses are available online and also offered in the evenings at the Huntington and South Charleston campuses. Applicants without undergraduate business degrees may need to complete additional foundational courses before beginning the program.

West Liberty University

At West Liberty University’s Gary E. West College of Business, students can earn a Master of Business Administration (MBA) degree with a concentration in management. This 30-credit, 10-course degree is offered 100% online and can be completed in an accelerated 12 months by taking two classes each seven-week term or in 20 months on a part-time basis by taking one course per term. The foundational courses include Social Responsibility and Business Ethics, Global Economics, and Financial Management and Theory. After the core curriculum, students pursuing the management concentration can take elective courses such as Value Chain Management or Public and Non-Profit Management. A bachelor’s degree with a minimum GPA of 2.5 is required for admission, and students without an academic business background may need to complete additional prerequisites before starting the foundational courses, which begin in January and August.

West Virginia Career Opportunities for Graduates

West Virginia is home to many possible careers in finance for graduates with master of finance degrees. The biggest cities in the state include Charleston, Huntington, Parkersburg, and Morgantown. Many large energy companies are based in West Virginia, such as Consol Energy, American Electric Power, and FirstEnergy Corporation. Other large companies, from healthcare organizations to pharmaceutical corporations, offer positions in financial roles ideal for finance graduates. West Virginia is also home to a number of statewide and regional banks and financial services companies, such as WesBanco, United Bankshares, Summit Financial Group, and Premier Financial Bancorp. Graduates with finance degrees in West Virginia may find an opportunity to work in a financial role for one of the state’s many companies.

West Virginia Finance Job Information

OccupationNumber EmployedAverage Salary
Business and Financial Operations Occupations22,340$58,690
Financial Analysts370$65,660
Financial Examiners100$62,770
Financial Managers1,580$96,930
Financial Specialists, All Other580$67,370
Loan Officers820$55,620
Personal Financial Advisors460$93,730

Data from the Bureau of Labor Statistics as of 2018.4

West Virginia Salary and Job Outlook

Graduates with finance degrees in West Virginia may find opportunities to work in the state’s finance industry after finishing their studies. West Virginia has a relatively low average cost of living, so many state salaries are lower than national averages.5 In addition, the projected rate of growth of many financial positions in West Virginia is lower than national projections.6 Graduates may find positions as personal financial advisors, for example, earning an average of $93,730 in the state (compared to $123,100 nationally).4,7 Financial examiners in West Virginia can earn an average salary of $62,770.8 These positions are projected to grow in the state by 4% through 2024, but this rate is less than half the national average growth rate of 9.7%.6 Financial manager roles are projected to grow by 40 positions a year in West Virginia, and these positions earn an average annual salary of $94,930 in the state.6,4 Students with master’s degrees in finance may have an advantage in finding these career opportunities and more within West Virginia’s finance industry.

Additional Resources

  • West Virginia Society of Certified Public Accountants (WVCPA) – Professional organization of Certified Public Accountants in the state. WVCPA supports accountancy education and industry networking.
  • West Virginia Bankers Association (WVBA) – Association of state and community banks in West Virginia. WVBA organizes professional development classes, webinars, member networking events, and industry policy advocacy.
  • West Virginia Healthcare Financial Management Association (WV HFMA) – Membership organization for those in the strategic planning, financial, and operational management of West Virginia healthcare organizations. WV HFMA hosts educational industry events such as seminars, conferences, and webinars.

Directory of West Virginia Master’s in Finance Programs

University of Charleston
2300 MacCorkle Ave SE
Charleston, WV 25304
(800) 995-4682
http://www.ucwv.edu/

West Virginia University
PO Box 6201
Morgantown, WV 26506
(304) 293-0111
https://www.wvu.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, West Virginia: https://www.bls.gov/oes/current/oes_wv.htm
5. Sperling’s Best Places, West Virginia State Cost of Living: http://www.bestplaces.net/cost_of_living/state/west-virginia
6. Projections Central, Long Term Occupational Projections: http://www.projectionscentral.com/Projections/LongTerm
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 Employment and Wages, May 2016, Financial Examiners: https://www.bls.gov/oes/current/oes132061.htm