Affordable Online Master’s Degrees in Finance

Students who are interested business organization and planning may be drawn to finance, which centers on making the best use of a company’s assets. The nature of this work makes it applicable to all sectors of business — meaning that finance jobs are always in demand. Many positions in the field rank as some of the highest paying in the business world, and advanced degrees in finance are extremely popular among working professionals. As a result, many schools offer online master’s in finance degrees that allow students to maintain their careers while simultaneously gaining the education necessary to advance in them.

Finance and accounting both relate to managing a business’ assets, but the two fields serve different purposes. While accountants record and report a business’ financial transactions, those in finance plan how to effectively utilize and distribute the business’ assets, creating strategies to facilitate financial success. The finance department has a more active role in shaping a business’ plans for the future, all steered by the company’s chief financial officer. Finance can include areas such as investment banking, portfolio management, financial analysis, and financial advising. While they differ in their methods and practices, these specializations all involve utilizing assets in the most effective way in order to increase profits.

For those interested in an affordable online masters in finance program, these schools boast top-notch education along with reasonable tuition rates. The colleges on this list all offer convenient, flexible online education, minimizing students’ time in school and maximizing their potential for professional success.

12 Most Affordable Online Master’s Degrees in Finance
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Colorado State University

Value Score 9.01
Average Tuition $9,000
Percentage of Students in Online Programs 100%
Number of Online Programs 1
Part-time cost per credit hour $500

With accredited undergraduate and graduate degrees in a wide variety of fields, CSU's Global Campus has a mission to enhance the life of citizens from Colorado and around the world through excellent academic programs. Students can earn an online master's finance degree from CSU to develop their leadership, operational finance, and technology skills, becoming a more attractive business candidate in the process.

Many students who earn a master's degree in finance at CSU pursue careers as financial advisors or managers. CSU offers students a flexible schedule, perfect for those who want to earn an online master's in finance either full- or part-time. And because CSU's Global Campus only serves online students, all of its tools, communication, and resources are easily accessible for distance learners -- so no students will miss anything by being remote.

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University of Houston - Clear Lake

Value Score 8.71
Average Tuition $6,372
Percentage of Students in Online Programs 42%
Number of Online Programs 1
Part-time cost per credit hour $354

Although UHLC has not been around as long as the system's flagship campus, the school has made a name for itself as a strong academic institution. Since its creation in the early 1970s, the small state university in Texas has awarded students more than 62,000 degrees. UHCL, with a diverse student body of about 8,000 students, is located on a nature reserve and well known locally for its community focus.

That emphasis extends to UHCL's online programs as well. Remote learners can earn an online master's in finance degree via UHCL's flexible MS program. The fully accredited 30-credit program uses the same full-time, experienced, PhD faculty who teach at UHCL (including CFAs and CFPs) and can be taken completely online. Classes are small for more personal teaching. Finance master's degree students at UHCL can expect to learn everything from theory to practice so that they'll be ready to hire. The program includes networking and UHCL's career services.

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Concordia University - Wisconsin

Value Score 7.74
Average Tuition $9,540
Percentage of Students in Online Programs 72%
Number of Online Programs 1
Part-time cost per credit hour $530

Originally teaching only 13 students when it was founded in the late 1800s, Concordia University now serves thousands of students from a variety of backgrounds. Located just outside of Milwaukee, Wisconsin on the shore of Lake Michigan, this Lutheran university aims to instill a global perspective in its students, among other virtues. Students globally can become part of the Concordia community through its many online programs, including its master's of business administration with a focus in finance.

Concordia's 39-credit, accredited online finance degree is taught by industry professionals. With electives in real estate investment, international finance, risk management, and much more, Concordia's online finance program prepares students for a variety of careers. Distance learners at Concordia can use their degree to become budget analysts, cost estimators, financial analysts, financial examiners, personal financial advisors, and more. The personalized program includes a flexible schedule and a capstone project at the end.

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University of the Southwest

Value Score 7.27
Average Tuition $10,440
Percentage of Students in Online Programs 100%
Number of Online Programs 1
Part-time cost per credit hour $580

Hobbs, New Mexico is home to University of the Southwest. USW is a small, private interdenominational Christian university that specializes in education and business. The school's mission focuses on providing superior education and guidance to its students supporting entrepreneurship and virtuousness after graduation.

USW online students can earn a finance master's degree through USW in its MBA program. The Finance specialization in the USW MBA program includes courses in financial reporting, small business finance, financial planning and investment, multinational finance, and organizational design. Small business owners and entrepreneurs may be particularly drawn to USW's 36-credit program. The program can be completed in one year.

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New England College

Value Score 7.06
Average Tuition $11,060
Percentage of Students in Online Programs 92%
Number of Online Programs 2
Part-time cost per credit hour $553

Located in scenic Henniker, New Hampshire, NEC was originally created to serve military veterans returning from World War II. Maintaining its community and citizen focus, NEC has expanded its academic offerings over the years and now counts roughly 2,000 students on its NH campus and many more online. But students don't need to visit NEC's picturesque campus for a quality education -- they can earn a master's finance degree online.

Remote learners can earn an online finance master's degree through NEC's banking & financial management program. The 36-credit financial master's degree includes courses in capital strategy analysis, mergers, and acquisitions, and leadership. Students can complete the accredited program in fewer than two years and work collaboratively completely online. In addition to a thorough curriculum, all NEC finance classes have facilitators to answer any question and assure students are learning optimally.

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University of Saint Mary

Value Score 6.95
Average Tuition $10,440
Percentage of Students in Online Programs 48%
Number of Online Programs 1
Part-time cost per credit hour $580

From its humble beginnings as a 19th century boarding school for Midwestern women, USM has kept its focus on individual learning through small class sizes. The faculty-to-student ratio at USM's Leavenworth, Kansas campus is 11:1. The Catholic liberal arts college maintains that intimate teaching relationship with its online programs as well.

Students for the online master's degree in finance at USM can expect to be part of this tight community and have full access to the Online Student Support Team. Online finance master's degree students will earn an MBA with a concentration in finance. The program can be completed in as little as one year and consists of concise and efficient eight-week courses. Financial decisions, financial and capital issues, and advanced financial topics are a few of the courses for the finance concentration. An online MBA from USM specializing in finance prepares students for careers as financial analysts, financial managers, economists, and sales managers, among others.

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Webster University

Value Score 5.69
Average Tuition $11,970
Percentage of Students in Online Programs 35%
Number of Online Programs 1
Part-time cost per credit hour $665

Webster takes a global perspective to higher education. In addition to its main campus in St. Louis, Missouri, Webster University has campuses in Ghana, Greece, Thailand, and many other locations throughout the world. Webster further fulfills its mission of being a "worldwide institution" for global citizenship through its online programs.

Distance learners can become part of Webster's global community through its online finance master's degree. The master's of science in finance is offered online as well as on campus. It is designed to prepare students for whatever career path they elect to follow with customized course offerings for certifications such as Chartered Financial Analyst, Certified Financial Planner, or corporate leadership positions. The accredited finance master's degree requires 37 credits in courses including advanced corporate finance, institutions, and financial markets and financial strategies.

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Tiffin University

Value Score 5.47
Average Tuition $12,600
Percentage of Students in Online Programs 85%
Number of Online Programs 1
Part-time cost per credit hour $700

With campuses in northern Ohio and Romania and many international students, Tiffin provides students with a diverse, and inclusive and global educational opportunity. Specializing in business, arts and sciences, and criminal justice, Tiffin offers a number of undergraduate and graduate degrees on campus and online.

Master's degree in finance students and other online learners have access to all of Tiffin's best services including the career development office, the graduate student services office and school's expert faculty. The master of business administration degree with a concentration in finance is an accredited online master's degree that fosters a collaborative environment with students. Tiffin notes that it uses MBA candidates' real-world experience to enhance classroom learning and provide personal support to students. With career goals ranging from real estate development, banking, and business managers, Tiffin provides students with a diverse and comprehensive education as part of its online finance master's degree.

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Southern New Hampshire University

Value Score 5.32
Average Tuition $18,810
Percentage of Students in Online Programs 95%
Number of Online Programs 1
Part-time cost per credit hour $627

Although SNHU's flagship campus is located in the Granite State's largest city, Manchester, the overwhelming majority of students are online learners. The school aims to provide a high quality education with a professional focus and offers dozens of certificates, associate, bachelor's, and master's degrees online.

SNHU provides two online master's degrees in finance; one MS concentrates in corporate finance and the other focuses on investments and securities. In addition to a rigorous curriculum with courses such as financial modeling and short-term financial management, SNHU assists online master's degree students with professional networking and personal support. Because of its specialization in online programs, distance learners can feel comfortable with the access, flexibility, and design of SNHU online master's degrees.

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California Lutheran University

Value Score 4.35
Average Tuition $17,086
Percentage of Students in Online Programs 18%
Number of Online Programs 1
Part-time cost per credit hour $712

California Lutheran University, with its flagship campus in Thousand Oaks, states its mission as educating leaders for a global society. Students interested in becoming a business, corporate, or financial leader can apply to Cal Lutheran's online master's degree in finance.

The MBA in financial planning provides distance learners with a flexible schedule and is typically completed anywhere between 12 and 36 months. The 16-course program is perfect for Southern California residents with its options for on-campus learning, online learning, or a mix of the two. Cal Lutheran's online finance master's degree programs uses eight-week terms for classes. The university is seriously focused on individual learning and caps all courses at 20 students, so that every person has the optimal learning environment.

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Golden Gate University - San Francisco

Value Score 4.22
Average Tuition $16,200
Percentage of Students in Online Programs 39%
Number of Online Programs 1
Part-time cost per credit hour $900

In the heart of San Francisco, California's financial district, GGU has made a name for itself in the business and law sector. GGU's education focuses in the areas of business, law, finance, and taxation with the goal of preparing students to be professionals and helping professionals improve their careers.

GGU's curriculum is designed for students who are working, with four out of every five students taking courses part time either on campus or online. Faculty at GGU are often industry experts with experience both inside and out of the classroom. Students interested in pursuing an online master's degree in finance can enroll in GGU's online MBA with a concentration in finance. Teaching practical and theoretical financial concepts, GGU uses their multimedia online eLearning center to cater to distance learners and San Francisco locals in the same way.

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Northeastern University

Value Score 3.19
Average Tuition $20,960
Percentage of Students in Online Programs 9%
Number of Online Programs 1
Part-time cost per credit hour $1,310

Northeastern has a strong focus on professional and career-focused education. The large, private university typically sees undergraduate students enroll for 10 semesters over five years with two semesters devoted to internships or co-ops. When students leave the downtown Boston, Massachusetts campus, they're ready for the job market. This quality flows into Northeastern's online programs as well.

The online finance master's degree program at Northeastern doesn't just teach students about banking and securities analysis, there is also a heavy focus on communication skills, professional marketability, and networking. Northeastern notes its emphasis on both "direct experience" and "applied research" in the online finance master's degree. The program is designed for distance learners who want careers as CFOs, consultants, risk managers, private wealth managers, statistical analysts, and investment bankers, among many other paths in several business sectors.

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