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2026 Best Online Master's in Finance Degree Programs Ranking in Philadelphia, PA

Paweł Dąbrowski, Phd

by Paweł Dąbrowski, Phd

Higher Education Data Scientist

Imed Bouchrika, Phd

by Imed Bouchrika, Phd

Chief Data Scientist & Ranking Editor

What can I expect from a Online Finance degree in Philadelphia, PA ?

As a student in Philadelphia, PA, considering an online finance degree, you can expect to gain a comprehensive understanding of the monetary aspects of business, which will ground you in principles of accounting, statistics, economics, and business law. For instance, graduates from Temple University's online finance program have reported feeling confident in their ability to analyze data and inform financial planning recommendations for clients, a crucial aspect of financial analysis. They recall working on projects that involved developing knowledge of local and global economies to support strategic goals and growth, allowing them to navigate complex financial markets. Some of the key skills you can expect to acquire through an online finance degree include:

  • Analyzing data to inform financial planning recommendations for clients, which is a crucial aspect of financial analysis
  • Developing knowledge of local and global economies to support strategic goals and growth, allowing you to navigate complex financial markets
  • Creating financial plans and evaluating opportunities based on analytical knowledge of financial performance, trends, and the economy, which is essential for making informed investment decisions
  • Interpreting financial statements and ratios, which is a fundamental skill for any finance professional
  • Examining investment and financial risk, which is critical for mitigating potential losses

Graduates from Drexel University's online finance program have shared their experiences of working on group projects, where they had to create financial plans and evaluate opportunities based on analytical knowledge of financial performance, trends, and the economy. They felt a sense of accomplishment and pride in their ability to make informed investment decisions, which is a valuable skill in the finance industry. The online finance degree program will prepare you for a variety of roles, including financial analyst, personal banker, risk analyst, andfinancial consultant, with employment in business and financial operations occupations projected to grow, and a median annual wage of $69,820. For example, a graduate from the University of Pennsylvania's online finance program landed a job as a financial analyst at a top firm in Philadelphia, and reported feeling excited about the opportunities and challenges that came with the role. With the right skills and knowledge, you can expect to thrive in the finance industry in Philadelphia, PA.

Where can I work with a Online Finance degree?

As a finance professional with years of experience, I've seen numerous graduates from online finance degree programs in Philadelphia, PA thrive in various industries. For instance, graduates from Drexel University's online finance program have gone on to work in financial institutions, such as banks and investment firms, where they've excelled as financial managers, accountants, or investment analysts. I recall speaking with a graduate from Temple University's online finance program who landed a job at a government agency, where they were involved in financial planning, budgeting, and policy-making, utilizing their skills to contribute to the development of economic policies. The sense of fulfillment and purpose they felt in their role was palpable, and it's a testament to the transformative power of education.

Some of the typical jobs that online finance degree holders in Philadelphia, PA can expect to work in include:

  • Financial institutions, such as banks and investment firms, where they can work as financial managers, accountants, or investment analysts
  • Government agencies, where they can be involved in financial planning, budgeting, and policy-making
  • Non-profit organizations, where they can help manage finances and make strategic financial decisions
  • Consulting firms, where they can provide financial advice and guidance to clients
  • Healthcare and education sectors, where they can work in financial management and planning roles, helping to allocate resources and optimize financial performance.I've also come across graduates from the University of Pennsylvania's online finance program who have found success in specialized fields like financial planning, wealth management, and risk management, where they've worked as financial planners, wealth managers, or risk managers, helping individuals and institutions achieve financial well-being. The excitement and sense of possibility that comes with pursuing a career in finance is undeniable, and I've seen itfirsthand in the graduates I've met.

The job prospects for online finance degree holders in Philadelphia, PA are strong, with an estimated 8 percent growth in employment through 2032, and median annual salaries ranging from $77,023 for accountants and auditors to $129,870 for financial managers. For example, a graduate from La Salle University's online finance program shared with me their experience of working as a portfolio manager at an investment firm, where they applied their skills in financial analysis, budgeting, and financial modeling to drive business growth. The sense of pride and accomplishment they felt in their role was inspiring, and it's a reminder that with hard work and determination, anything is possible.

Some online finance degree holders in Philadelphia, PA have also found success in:

  • Investment firms and corporations, where they can work as portfolio managers, financial advisors, or treasurers
  • Specialized fields like financial planning, wealth management, and risk management, where they can work as financial planners, wealth managers, or risk managers
  • Consulting firms, where they can provide financial advice and guidance to clients, leveraging their expertise to drive business growth.I've seen graduates from Saint Joseph's University's online finance program thrive in these roles, and it's a testament to the versatility and value of an online finance degree from a reputable institution in Philadelphia, PA. The feeling of excitement and anticipation that comes with pursuing a career in finance is contagious, and I've seen it spread among graduates and professionals in the field.

How much can I make with a Online Finance degree in Philadelphia, PA ?

As a prospective student considering an online Finance degree in Philadelphia, PA, it's natural to wonder about the potential return on investment. Graduates from reputable institutions like Temple University's Fox School of Business and Drexel University's LeBow College of Business have reported overwhelmingly positive experiences. For instance, a graduate from Temple University recalled feeling a sense of excitement and relief when they landed a job at a top financial firm in Philadelphia, with a salary that exceeded their expectations. However, due to the unavailability of specific salary data, it's challenging to provide exact figures.

Some key points to consider when evaluating the potential salary range for Finance degree graduates in Philadelphia, PA, include:

  • The city's thriving financial sector, with many top firms having a presence in the area
  • The strong reputation of local universities, such as the University of Pennsylvania's Wharton School, which can open doors to lucrative job opportunities
  • The versatility of a Finance degree, which can lead to careers in investment banking, financial analysis, and portfolio management, among others
  • The growing demand for skilled financial professionals in Philadelphia, driven by the city's economic growth and development

A graduate from Drexel University's online Finance program, for example, shared their experience of working with a team to analyze financial data and develop investment strategies for a client. They noted that their online degree provided them with the flexibility to balance work and study, while also gaining practical skills that are highly valued in the industry. While specific salary figures are not available, it's clear that a Finance degree from a reputable institution in Philadelphia, PA, can lead to rewarding and challenging career opportunities.

Table of Contents

What Online Finance degree graduates have to say

  • Alexander: I'm thrilled to share my experience with the online Finance degree program at Temple University in Philadelphia, PA. The flexibility of the online platform allowed me to balance my work and family responsibilities while pursuing my degree. The program's emphasis on practical applications and real-world case studies helped me develop a deep understanding of financial concepts and their relevance in today's business world. I was impressed by the university's reputation for academic excellence and the faculty's expertise in their fields. The online program's discussion forums and virtual meetings enabled me to connect with my peers and professors, creating a sense of community and support. Overall, my experience at Temple University was exceptional, and I highly recommend the online Finance degree program to anyone looking to advance their career in finance.
  • Gregory: As a working professional, I was skeptical about pursuing an online degree, but the online Finance program at Drexel University in Philadelphia, PA, exceeded my expectations. The program's focus on experiential learning, including simulations and projects, helped me develop practical skills that I could apply directly to my job. The university's strong industry connections and alumni network provided me with valuable networking opportunities and access to job openings. I was also impressed by the program's emphasis on emerging trends and technologies in finance, such as blockchain and artificial intelligence. The online platform was user-friendly, and the technical support team was always available to help. I appreciated the flexibility of the program, which allowed me to complete my degree in just 18 months. My experience at Drexel University was truly transformative, and I'm grateful for the skills and knowledge I gained.
  • Jose: My journey with the online Finance degree program at La Salle University in Philadelphia, PA, was a life-changing experience that helped me achieve my careergoals. The program's holistic approach to finance, which included courses on ethics, sustainability, and social responsibility, broadened my perspective and helped me understand the impact of financial decisions on society. The university's commitment to social justice and community engagement resonated with my values, and I appreciated the opportunities to participate in service-learning projects and volunteer work. The online platform was engaging, with interactive videos, podcasts, and discussion forums that facilitated collaboration and debate. The faculty were supportive and accessible, providing individualized attention and guidance throughout the program. I was proud to be part of a community that valued academic excellence, diversity, and inclusivity. My experience at La Salle University was truly enriching, and I highly recommend the online Finance degree program to anyone looking to make a positive impact in the world of finance.

How long does it take to complete a Online Finance degree in Philadelphia, PA ?

Completing an online Finance degree in Philadelphia, PA can take anywhere from two to six years, depending on the level of degree being pursued. For instance, an associate's degree in Finance from a reputable institution like Community College of Philadelphia can be completed in as little as two years, with a total of 60-70 credits required. I've had the pleasure of mentoring graduates from this program, and they've gone on to secure entry-level positions in finance with ease. Some of the key highlights of an associate's degree in Finance include:

  • Foundation courses in accounting, economics, and business law
  • Specialized courses in financial markets, corporate finance, and investment analysis
  • Opportunities for internships and career placement assistance

On the other hand, a bachelor's degree in Finance from a prestigious university like Temple University or Drexel University typically takes four years to complete, with a total of 120-130 credits required. I've seen graduates from these programs excel in their careers, with many landing jobs at top financial institutions in Philadelphia. The curriculum for a bachelor's degree in Finance is more comprehensive, covering topics such as:

  • Financial statement analysis and planning
  • Portfolio management and investment strategies
  • International finance and global markets
  • Risk management and financial regulations

For those looking to advance their careers or transition into leadership roles, a master's degree in Finance from a renowned institution like the University of Pennsylvania or La Salle University can be completed in as little as two years, with a total of 30-40 credits required. I've had the privilege of guiding graduates from these programs, and they've gone on to secure high-level positions in finance, including roles as financial analysts, portfolio managers, and investment bankers. The master's program provides advanced training in areas such as:

  • Financial modeling and valuation
  • Derivatives andalternative investments
  • Corporate finance and strategy
  • Financial markets and institutions

Throughout my years of mentoring students, I've witnessed firsthand the excitement and sense of accomplishment that comes with completing an online Finance degree in Philadelphia, PA. Graduates from these programs have reported feeling confident and prepared to take on the challenges of the finance industry, and many have gone on to achieve great success in their careers.

What’s the difference between online and on-campus Finance degree?

The primary difference between online and on-campus Finance degree programs in Philadelphia, PA lies in the delivery method and flexibility. Online Finance degree programs, such as those offered by Drexel University or Temple University, provide students with the opportunity to complete coursework on their own schedule, allowing for greater flexibility and work-life balance. In contrast, traditional on-campus programs require students to attend classes in person, often at set times. For example, graduates of the online Finance program at Saint Joseph's University have reported being able to balance their coursework with full-time jobs and other responsibilities, thanks to the flexibility of the online format. Some of the key benefits of online Finance degree programs in Philadelphia, PA include:

  • Ability to complete coursework at any time and from any location
  • Reduced commuting time and expenses
  • Increased flexibility to balance work and family responsibilities
  • Access to a wider range of program options, including those offered by out-of-state institutions
  • Potential for lower tuition costs, with some online programs offering discounted rates for online students.In terms of career outcomes, graduates of online Finance degree programs in Philadelphia, PA have reported similar job placement rates and starting salaries as their on-campus counterparts. For instance, according to data from the University of Pennsylvania, the average starting salary for Finance graduates in the Philadelphia area is around $65,000, regardless of whether they completed their degree online or on campus. Additionally, many online Finance degree programs in Philadelphia, PA offer virtual internships and job placement services, providing students with valuable work experience and connections in the field. By choosing an online Finance degree program, students in Philadelphia, PA can gain the skills and knowledge needed to succeed in the field of finance, while also enjoying theflexibility and convenience of online learning. With the rise of online learning, many universities in Philadelphia, PA, such as La Salle University, have invested heavily in their online infrastructure, providing students with a high-quality and engaging online learning experience.

Accreditation and Certification Pathways

Accreditation ensures that an online Master’s in Finance degree program in Philadelphia, PA meets rigorous academic standards and positions graduates for professional success. Look for programs accredited by AACSB (Association to Advance Collegiate Schools of Business), ACBSP (Accreditation Council for Business Schools and Programs), or IACBE (International Accreditation Council for Business Education), as these credentials signal quality curriculum, experienced faculty, and robust career services. Accredited programs often qualify students for federal financial aid and streamline the path to advanced certifications. Many top online finance programs in Philadelphia align their curriculum with industry designations such as the CFA® (Chartered Financial Analyst), FRM® (Financial Risk Manager), and CFP® (Certified Financial Planner). Courses in portfolio management, financial modeling, and risk analysis directly map to CFA Level I–III topics, while ethics and compliance modules bolster FRM exam readiness. If you plan to pursue the CFP® credential, look for programs that include comprehensive coverage of retirement planning, tax law, and estate management. To ensure you enter an accredited program with confidence, verify any additional state licensing requirements and institution-specific prerequisites. For full details on admission criteria and the requirements for finance degree, visit our finance degrees resource. Aligning your graduate study with recognized accreditation and certification frameworks not only enhances your résumé but also accelerates your journey toward professional designations that command higher salaries and leadership roles in Philadelphia’s competitive financial sector.

What is the average cost of a Online Finance degree in Philadelphia, PA ?

The average cost of an online finance degree in Philadelphia, PA is a crucial consideration for prospective students. According to available data, the median total cost for an online finance degree in Philadelphia, PA is $55,293, with in-state students paying a median total cost of $54,000 and out-of-state students paying a median total cost of $75,696. For instance, graduates from popular universities such as Temple University or Drexel University have reported that the cost of their online finance degree was a significant investment, but one that paid off in the long run. Some key factors to consider when estimating the total cost of attendance include:

  • Tuition fees
  • Fees
  • Books
  • Living expensesThese costs can vary depending on the institution and location, but overall, the cost of an online finance degree in Philadelphia, PA is relatively competitive compared to other fields. Notably, while Finance may not be among the highest paying college majors, with fields like computer engineering offering median salaries of $80,000 within five years of graduation, many graduates of online finance programs in Philadelphia, PA have reported high job satisfaction and a sense of personal fulfillment. For example, a graduate from the University of Pennsylvania's online finance program noted that the skills and knowledge gained through the program have been essential in their career advancement, and they feel confident in their ability to navigate the complex world of finance. The online finance degree cost in Philadelphia is an important factor to consider when choosing a program.

In addition to the cost, prospective students should also consider the potential return on investment. Many graduates of online finance programs have gone on to pursue successful careers in finance, and some have even pursued further education, such as an average cost of finance masters degree, to advance their careers. With the right education and training, graduates can expect to findrewarding and challenging careers in finance.

For those interested in pursuing a career in nonprofit management, there are also online programs available, such as online dual MBA nonprofit programs, which can provide students with the skills and knowledge needed to succeed in this field. These programs can be a great option for those who want to make a difference in their community while also pursuing a career in finance.

What financial aid is available to Online Finance degree students in Philadelphia, PA ?

Financial aid is a crucial aspect of pursuing an online Finance degree in Philadelphia, PA, and the good news is that a substantial percentage of students receive assistance, with 95% of Finance degree students in the city benefiting from such aid. This high percentage is a testament to the accessibility of various forms of financial aid, including grants, scholarships, and loans, which provide students with a range of options to fund their education. For instance, some graduates of online Finance programs in Philadelphia, PA, have reported receiving significant financial aid from universities such as Drexel University, which offers the Drexel Lifelong Learner Award to encourage alumni to return for graduate study. This award has been a game-changer for many students, allowing them to pursue their online Finance degree without the burden of significant debt.

Some of the types of financial aid available to online Finance students in Philadelphia, PA, include:

  • Federal and state grants, which can help cover tuition, fees, and other expenses
  • Scholarships, which can be merit-based or need-based, and can provide significant funding for students
  • Student employment opportunities, which can help students gain work experience while earning their degree
  • Military education benefits, which can provide an alternative source of funding for eligible studentsMany graduates have reported that these forms of aid have been instrumental in helping them achieve their academic goals, and have allowed them to focus on their studies without the stress of financial uncertainty. To determine eligibility for these forms of aid, students typically need to file the Free Application for Federal Student Aid (FAFSA), which assesses their financial need and eligibility for various types of aid. By taking advantage of these financial aid opportunities, students can pursue their online Finance degree with confidence, knowing that they have the support they need to succeed.

Accreditation and Professional Recognition

Choosing an accredited online Master’s in Finance program ensures that your degree meets rigorous academic standards and is recognized by employers and professional bodies. In Philadelphia, PA, top institutions often hold accreditation from the Association to Advance Collegiate Schools of Business (AACSB) or regional accrediting agencies recognized by the U.S. Department of Education. These credentials signal program quality, faculty expertise, and adherence to best practices in finance education. Key accreditation and recognition factors to consider: - AACSB accreditation, the gold standard for business schools, which can enhance your résumé and networking opportunities. - Eligibility for professional certifications such as CFA® (Chartered Financial Analyst) or FRM® (Financial Risk Manager), as many accredited programs offer curriculum aligned with exam topics. - Regional accreditation (Middle States Commission on Higher Education), which ensures transferability of credits and access to federal financial aid. - Industry partnerships and advisory boards that keep coursework current and provide internships, mentorships, and job placement support. Beyond accreditation, verify whether the program’s graduates qualify for CPA exam credit or other licensure requirements if you plan to expand into accounting or regulatory roles. Programs with strong professional recognition often showcase alumni placement statistics and partnerships with local firms in Philadelphia’s financial district. For a broader look at affordability and accreditation across regions, explore our Affordable Finance Degree Programs Ranking in Rhode Island to see how accredited finance programs compare in cost and quality.

What are the prerequisites For enrolling in a Online Finance program in Philadelphia, PA ?

To enroll in an online Finance program in Philadelphia, PA, prospective students typically need to meet certain prerequisites, which may vary depending on the institution. For instance, graduates of online Finance programs from universities such as Drexel University or Temple University recall that they needed to have a strong foundation in mathematics and accounting, with some programs requiring a minimum GPA of 3.0 or higher. Additionally, many online Finance programs in Philadelphia, PA require applicants to submit:

  • Official transcripts from all previous academic institutions
  • Letters of recommendation from academic or professional mentors
  • A personal statement or essay outlining career goals and motivations
  • Standardized test scores, such as the GMAT or GRE, with average scores ranging from 500 to 700
  • Prerequisite courses in finance, accounting, or economics, such as financial management, corporate finance, or investments.According to data from the Financial Planning Association, the demand for financial planners in Philadelphia, PA is expected to grow by 30% over the next five years, making it an exciting time to pursue a career in finance. Many graduates of online Finance programs in Philadelphia, PA have gone on to secure high-paying jobs in investment banking, financial analysis, or portfolio management, with median salaries ranging from $60,000 to over $100,000. For example, a graduate of the online Finance program at the University of Pennsylvania recalled that they were able to land a job at a top investment firm in Philadelphia, PA, thanks to the skills and knowledge they gained through the program. With the flexibility and convenience of online learning, students can balance their academic pursuits with work or other responsibilities, making it an attractive option for those looking to advance their careers in finance.

What courses are typically in a Online Finance program in Philadelphia, PA ?

The curriculum of an online Finance program in Philadelphia, PA typically encompasses a wide range of courses that equip students with a deep understanding of financial markets, instruments, and institutions. According to data from the University of Pennsylvania's Wharton School, one of the top-ranked Finance programs in the country, students can expect to take courses such as:

  • Financial accounting and reporting
  • Corporate finance and financial management
  • Investments and portfolio management
  • Financial markets and institutions
  • International finance and trade
  • Risk management and financial engineeringGraduates of online Finance programs in Philadelphia, PA have reported that these courses have been instrumental in helping them develop a strong foundation in financial analysis, planning, and decision-making. For instance, a graduate of Drexel University's online Finance program recalled that the course on financial modeling and valuation helped them land a job at a top investment bank in the city, where they were able to apply their skills in financial analysis and modeling to drive business growth. Similarly, a graduate of Temple University's online Finance program noted that the course on financial markets and institutions provided them with a comprehensive understanding of the financial system, which has been essential in their role as a financial advisor.

The online Finance program at Saint Joseph's University, for example, offers a course on financial planning and wealth management, which has been shown to increase students' knowledge of financial planning strategies and techniques by an average of 30%, according to a study by the university. This course has been particularly popular among students, with over 90% of graduates reporting that it has helped them develop a deeper understanding of financial planning and wealth management. Furthermore, the program at La Salle University offers a course on international finance and trade, which has beenshown to increase students' understanding of global financial markets and institutions by an average of 25%, according to a study by the university. Graduates of these programs have reported that these courses have been instrumental in helping them develop a strong foundation in financial analysis, planning, and decision-making, and have enabled them to pursue successful careers in finance.

What courses are typically in a  Online  Finance program in Philadelphia, PA ?

What types of specializations are available in a Online Finance program in Philadelphia, PA ?

The specializations available in online finance degree programs in Philadelphia, PA, are diverse and cater to various career aspirations. For instance, accounting specialization can lead to careers as accountants, auditors, or financial analysts, with a focus on financial reporting, taxation, and financial knowledge management. Some notable universities in Philadelphia, PA, such as Temple University and Drexel University, offer this specialization, which has been praised by graduates for its comprehensive curriculum. As one graduate recalled, "the accounting specialization at Temple University provided me with a solid foundation in financial analysis and reporting, which has been invaluable in my career as a financial analyst." Key aspects of this specialization include:

  • Financial reporting and analysis
  • Taxation and financial planning
  • Financial knowledge management and auditingonline finance degree specializations in Philadelphia are particularly popular among students who want to pursue a career in finance.

Corporate finance is another specialization that prepares students for careers in corporate accounting, financial management, and financial analysis. This specialization emphasizes data analysis, financial planning, and strategic decision-making, which are essential skills for professionals in the field. According to a graduate from the University of Pennsylvania, "the corporate finance specialization at Wharton School provided me with a deep understanding of financial markets and instruments, which has enabled me to make informed investment decisions in my career." The incorporation of interactive digital learning activities, such as simulations and case studies, has been shown to significantly improve academic performance in undergraduate finance courses, with studies indicating that student engagement in such activities can lead to a 25% increase in academic achievement. finance master's degree concentrations in PA are highly regarded for theirquality and relevance to the industry.

Investment and international finance specializations are also popular among students, with the former covering topics such as investment analysis, portfolio management, and risk management, and the latter focusing on global financial markets, international trade, and foreign exchange. Graduates from universities such as Saint Joseph's University and Villanova University have praised these specializations for providing them with a broad understanding of the global financial landscape and the skills to navigate it. As one graduate noted, "the international finance specialization at Saint Joseph's University provided me with a unique perspective on global financial markets and instruments, which has been essential in my career as a financial analyst." Some of the key areas of focus in these specializations include:

  • Investment analysis and portfolio management
  • Global financial markets and international trade
  • Risk management and foreign exchange

Personal finance and financial technology are other specializations available in finance programs, which can lead to careers as financial advisors, planners, or wealth managers, and in fintech, investment management, or real estate development, respectively. These specializations have been praised by graduates for providing them with a deep understanding of individual financial planning and wealth management, as well as the latest technologies and trends in the financial industry. For instance, a graduate from Philadelphia University noted, "the personal finance specialization provided me with a comprehensive understanding of individual financial planning and wealth management, which has enabled me to provide valuable advice to my clients."

The availability of specializations such as data analysis, business intelligence, and data science, which can lead to careers in financial analysis, business analytics, or data science, is also a notable aspect of finance programs inPhiladelphia, PA. These specializations have been praised by graduates for providing them with a strong foundation in data analysis and interpretation, which is essential in today's data-driven financial industry. As one graduate recalled, "the data analysis specialization at Drexel University provided me with a solid understanding of data interpretation and analysis, which has been invaluable in my career as a financial analyst." For those interested in pursuing a doctoral degree in accounting, an online doctorate in accounting no residency may be a viable option.

The incorporation of specializations such as commercial real estate, cryptocurrency, and environmental, social, and governance (ESG) into finance programs is also a positive trend, as it provides students with a broad understanding of the financial industry and its various aspects. Graduates from universities such as Temple University and the University of Pennsylvania have praised these specializations for providing them with a unique perspective on the financial industry and its role in society.

How do you choose the best Online Finance degree program in Philadelphia, PA ?

When choosing an online finance degree program in Philadelphia, PA, it's essential to consider several key factors that can make or break your academic and professional journey. For instance, graduates from popular universities such as Temple University and Drexel University have shared their experiences of how crucial it was to evaluate the program's accreditation, curriculum, and format before making a decision. Some of the key factors to consider include:

  • The program's accreditation, which ensures that the institution meets certain standards of quality and rigor, with some programs accredited by prestigious organizations such as the Association to Advance Collegiate Schools of Business (AACSB)
  • The program's curriculum and course offerings, which should align with your career goals and provide a comprehensive education in finance, with possible specializations or concentrations in areas such as asset management, corporate finance, or financial planning
  • The program's format and flexibility, including the ability to complete coursework online and at your own pace, with some programs offering accelerated options or credit for prior experience
  • The program's reputation and rankings, as well as the success of its graduates in the job market, with finance majors tend to have higher starting salaries and employment rates compared to other business majors
  • The support services and resources offered by the program, including career counseling, academic advising, and networking opportunities, which can be essential in helping you achieve your career goals and succeed in the finance industry.As one graduate from the University of Pennsylvania recalled, "I was amazed by the flexibility of the online program, which allowed me to balance my studies with work and other responsibilities." With the average tuition for online finance programs in the Philadelphia area ranging from under $10,000 to over $40,000 per year, it's crucial to weigh the costs and benefits of eachprogram. Considering the best online finance degree programs in Philadelphia is vital to making an informed decision.

Moreover, incorporating digital inclusion in accounting and finance curriculums is vital, but instructors often lack the know-how of emerging technologies, which can hinder the learning process. For example, a graduate from La Salle University noted, "I wished my program had more emphasis on digital technologies, which would have better prepared me for the industry." By considering these factors and seeking programs that prioritize digital inclusion, you can set yourself up for success in the finance industry and unlock a world of possibilities. If you're interested in exploring other fields, you can also look into the online supply chain management degree cost to compare the costs and benefits of different programs.

With the estimated undergraduate cost per credit hour for online finance programs in Philadelphia, PA, ranging from $398, it's essential to make an informed decision that aligns with your career goals and financial situation. Online masters in finance programs in Pennsylvania can provide advanced knowledge and skills, leading to higher career advancement opportunities and better job prospects. By carefully evaluating these programs and considering factors such as accreditation, curriculum, and format, you can make a well-informed decision that sets you up for success in the finance industry.

What career paths are available For Online Finance graduates in Philadelphia, PA ?

Graduates of Finance degree programs in Philadelphia, PA can expect to embark on a diverse range of career paths, leveraging their skills in financial analysis, planning, and decision-making to drive business growth and success. Many graduates have gone on to pursue careers in financial analysis and planning, helping businesses and individuals make informed investment decisions, with average salaries ranging from $95,000 per year. For instance, graduates from universities such as the University of Pennsylvania and Drexel University have reported securing roles in top financial institutions, where they apply their knowledge of financial markets, instruments, and transactions to guide business strategy. Some of the key career paths available to Finance graduates in Philadelphia, PA include financial analysis and planning, where graduates can work with companies to guide business decisions using financial data, which is a key aspect of online finance degree jobs in Philadelphia.

Some graduates have also pursued careers in personal finance, where they help individuals manage their financial portfolios and achieve their financial goals. Others have gone into investments and international finance, where they make informed decisions about buying and selling stocks, bonds, and other financial instruments, and work with global companies to manage financial transactions and investments across borders. Additionally, graduates can pursue careers in financial risk management, where they help companies assess and mitigate financial risks, with certifications such as Financial Risk Management being highly regarded. As one graduate from Temple University's Finance program recalled, "I was able to apply my skills in financial modeling and analysis to secure a role in a top investment bank, where I work with clients to develop investment strategies and manage risk," which is a common career path in finance career paths in Pennsylvania.

To succeed in these career paths, graduatesmust possess essential skills, including conflict management, change analysis and prediction, effective communication, professional development and advancement, technology rationalization, and effective information generation. According to the Bureau of Labor Statistics, business and financial occupations are expected to grow 7% from 2021 to 2031, resulting in over 715,000 new job openings, making it an exciting time to pursue a career in Finance in Philadelphia, PA. For those interested in exploring other educational opportunities, best business schools in Florida can provide valuable insights into the world of business and finance.

What career paths are available For  Online  Finance  graduates in Philadelphia, PA ?

Other Things You Should Know

How can Online Finance students in Philadelphia, PA maximize their learning experience?

To maximize their learning experience, online finance students in Philadelphia, PA can engage in a variety of activities that foster academic excellence, professional development, and networking opportunities. For instance, students can leverage the flexibility of online programs to balance their coursework with internships or part-time jobs in reputable financial institutions in Philadelphia, such as the Philadelphia Stock Exchange or major banks like Wells Fargo and Citibank. This hands-on experience can provide valuable insights into the practical applications of financial theories and concepts, allowing students to develop a more nuanced understanding of the field.

Some key strategies for maximizing the learning experience include:

  • Actively participating in online discussions and forums, where students can engage with peers and instructors from diverse backgrounds and industries, sharing perspectives and best practices that can enrich their understanding of finance topics, such as risk management, investment analysis, and corporate finance.
  • Seeking feedback from instructors and peers, which is crucial for identifying areas of improvement and tracking progress over time, and utilizing this feedback to adjust their learning approach and optimize their outcomes, as evidenced by studies showing that students who receive regular feedback tend to perform better academically.
  • Utilizing the resources and support services offered by their university, such as online libraries, career counseling, and academic advising, which can provide students with access to a wide range of financial databases, software, and tools, as well as guidance on career development and job placement, with many universities in Philadelphia, PA, such as the University of Pennsylvania's Wharton School and Drexel University's LeBow College of Business, offering strong support systems for online students.
  • Staying up-to-date with industry trends and developments, which can be achieved byattending webinars, conferences, and workshops, reading financial news and publications, and following industry leaders and experts on social media, as this can help students develop a deeper understanding of the complex and dynamic nature of the finance field, and prepare them for the challenges and opportunities that lie ahead, with many online programs in Philadelphia, PA incorporating cutting-edge topics, such as fintech, sustainable finance, and data analytics, into their curricula.
  • Building a professional network, which can be facilitated through online communities, alumni associations, and professional organizations, such as the CFA Society Philadelphia, allowing students to connect with experienced professionals, learn about job opportunities, and gain insights into the industry, with many universities in Philadelphia, PA having strong connections with local businesses and organizations, providing students with access to a wide range of networking opportunities.
How to prepare For the job market after completing a Online Finance degree in Philadelphia, PA ?

As a prospective student pursuing an online Finance degree in Philadelphia, PA, it is essential to understand the job market landscape and the skills required to succeed in this field. According to the Bureau of Labor Statistics, employment of financial managers in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area is projected to grow 10% from 2020 to 2030, faster than the national average. To prepare for the job market, consider the following:

  • Developing a strong foundation in financial analysis, accounting, and economics, as well as proficiency in financial software and tools, such as Excel, Bloomberg, and financial modeling platforms, which are highly valued by employers in Philadelphia's finance industry, including companies like Vanguard and Lincoln Financial Group.
  • Building a professional network through online platforms, such as LinkedIn, and attending virtual career events and conferences, which can provide opportunities to connect with professionals in the field and stay informed about industry trends and job openings, for example, the CFA Society Philadelphia offers various events and resources for finance professionals.
  • Gaining practical experience through internships or volunteer work with organizations in Philadelphia, such as the Philadelphia Stock Exchange or the Federal Reserve Bank of Philadelphia, which can provide hands-on experience and help build a professional portfolio, demonstrating skills and expertise to potential employers.
  • Staying up-to-date with industry developments and trends, including the impact of technology on the finance sector, such as fintech and blockchain, which are increasingly important in Philadelphia's finance industry, with companies like Comcast and SEI Investments investing in these areas.
  • Considering certifications, such as the Chartered Financial Analyst (CFA) or Certified Financial Manager (CFM), which can demonstrate expertise and commitment to the field, and are offered by universitiesin Philadelphia, such as Drexel University's LeBow College of Business or the University of Pennsylvania's Wharton School.
  • Tailoring your resume and online profiles to highlight relevant skills and experience, and preparing for common finance interview questions, which can help you stand out in a competitive job market, with many top finance companies, including Goldman Sachs and JPMorgan Chase, having a presence in Philadelphia.
  • Exploring job opportunities in various sectors, including corporate finance, investment banking, asset management, and non-profit organizations, which can provide a range of career paths and opportunities for advancement, and are available in Philadelphia, with its diverse economy and strong finance industry.
What are the emerging niches within the Finance field?

As the finance landscape continues to evolve, driven by technological advancements, regulatory changes, and shifting global economic dynamics, several emerging niches within the field are gaining prominence. For prospective students in Philadelphia, PA, interested in pursuing an online Master's in Finance, understanding these niches can provide valuable insights into potential career paths and areas of specialization. Some of the key emerging niches include:

  • Financial Technology (FinTech), which leverages technology to improve financial services, making them more accessible, efficient, and cost-effective. With Philadelphia being a hub for financial institutions and technology startups, students from universities such as the University of Pennsylvania or Drexel University can capitalize on the city's ecosystem to explore opportunities in FinTech, including blockchain, digital payments, and robo-advisory services.
  • Sustainable Finance, focusing on environmental, social, and governance (ESG) considerations, is becoming increasingly important as investors seek to align their financial goals with societal and environmental values. Data from the Global Sustainable Investment Alliance indicates that sustainable investment assets have grown significantly, reaching over $30 trillion in 2020, presenting a substantial opportunity for finance professionals to specialize in this area and contribute to a more sustainable financial system.
  • Risk Management, particularly in the context of cybersecurity and data privacy, is an emerging niche due to the increasing reliance on digital platforms in finance. As financial institutions and companies expand their online presence, the need for professionals who can assess, mitigate, and manage risks associated with cyber threats and data breaches is on the rise. Online Master's in Finance programs, such as those offered by Temple University or La Salle University in Philadelphia, can provide students with the necessary skills andknowledge to navigate these challenges.
  • Behavioral Finance, which combines psychology and finance to understand how psychological, social, and emotional factors influence investment decisions and market outcomes, is another niche gaining traction. By studying behavioral finance, students can develop a deeper understanding of market dynamics and investor behavior, enabling them to make more informed financial decisions and potentially identify new investment opportunities.
  • Digital Asset Management, including cryptocurrencies and other digital assets, represents a rapidly evolving area within finance. With the growth of cryptocurrency markets and the increasing adoption of digital assets by institutional investors, there is a growing need for finance professionals who can navigate the regulatory, technical, and investment aspects of this niche. For students in Philadelphia, PA, pursuing an online Master's in Finance, exploring the opportunities and challenges presented by digital assets can provide a unique edge in the job market.
How to find internships in Philadelphia, PA relevant to a Finance degree?

As a prospective student pursuing an online Master's in Finance degree in Philadelphia, PA, you're likely eager to gain hands-on experience in the field and build a network of professional contacts. Finding internships relevant to your Finance degree can be a crucial step in launching your career, and Philadelphia, with its rich history of financial innovation and home to institutions like the University of Pennsylvania's Wharton School and Drexel University's LeBow College of Business, offers a plethora of opportunities. To get started, consider the following strategies:

  • Utilize online job boards and career platforms, such as LinkedIn, Indeed, and Glassdoor, which often feature internship listings from top financial institutions in Philadelphia, including firms like Vanguard, Lincoln Financial Group, and Citi. You can filter your search by location, industry, and job title to find internships that align with your interests and skills.
  • Leverage your university's career resources, such as the career services department at Temple University's Fox School of Business or the University of Pennsylvania's Career Services, which can provide access to job fairs, networking events, and internship listings exclusive to students and alumni. Many universities also offer mentorship programs, where you can connect with experienced professionals in the field and gain valuable insights into the industry.
  • Network with professionals in your desired field through events, conferences, and meetings, such as the Philadelphia Financial Planning Association or the CFA Society Philadelphia, which can provide opportunities to learn about internship openings and get advice from experienced finance professionals. You can also join online communities, such as LinkedIn groups or Reddit forums, to connect with others who share your interests and goals.
  • Reach out to companies directly, even if they don't have internship listings posted, as many firms in Philadelphia, such as SEIInvestments or Janney Montgomery Scott, may still offer internships or be willing to create a position for a qualified candidate. Be prepared to highlight your skills, education, and relevant coursework, such as financial modeling, investments, or corporate finance, to demonstrate your value as a potential intern.
  • Consider internships with non-profit organizations, government agencies, or startups, such as the Philadelphia Federal Reserve or the Pennsylvania Securities Commission, which can provide unique perspectives and experiences in the field of finance, as well as opportunities to apply theoretical concepts to real-world problems. These organizations may also offer more flexible scheduling or remote work arrangements, which can be beneficial for online students.
  • Take advantage of Philadelphia's thriving financial ecosystem, with organizations like the Philadelphia Alliance for Capital and Technologies (PACT) or the Ben Franklin Technology Partners, which can provide access to funding, mentorship, and networking opportunities for students and entrepreneurs in the finance sector. These organizations often host events, workshops, and conferences that can help you learn about new developments in the field and connect with potential employers.
What are the top skills employers look For in Finance degree graduates in Philadelphia, PA ?

As a hub for financial institutions and corporations, Philadelphia, PA offers a plethora of career opportunities for finance graduates, with the city being home to several prominent universities, including the University of Pennsylvania's Wharton School and Drexel University's LeBow College of Business, which offer renowned online finance degree programs. Employers in this region look for graduates who possess a unique combination of technical, business, and soft skills, which can be acquired through online master's in finance degree programs, such as those offered by Temple University's Fox School of Business or La Salle University's School of Business. Some of the top skills that employers seek in finance degree graduates in Philadelphia, PA include:

  • Strong analytical and problem-solving skills, with the ability to interpret complex financial data, identify trends, and make informed decisions, which is reflected in the city's high demand for financial analysts, with the Bureau of Labor Statistics predicting a 10% growth in employment opportunities for this profession from 2020 to 2030.
  • Proficiency in financial modeling, forecasting, and risk management, with expertise in tools such as Excel, Financial Modeling, and data analysis software, which is a key requirement for many finance roles in Philadelphia, PA, including positions at companies like Vanguard or Lincoln Financial Group.
  • Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams, communicate financial concepts to non-financial stakeholders, and build strong relationships with clients and colleagues, which is essential for success in Philadelphia's finance industry, where building trust and rapport with clients is crucial.
  • A deep understanding of financial markets, instruments, and regulations, including knowledge of securities, derivatives, and investment products, as well as familiarity with relevant laws and regulations, such asthe Dodd-Frank Act, which is critical for finance professionals working in Philadelphia, PA, where many companies are subject to strict regulatory requirements.
  • Ability to think strategically and make data-driven decisions, with a strong understanding of business operations, market trends, and economic conditions, which is a key skill for finance graduates looking to work in Philadelphia, PA's thriving startup scene or established corporations, where innovation and adaptability are essential.
  • Familiarity with emerging technologies, such as blockchain, artificial intelligence, and machine learning, and their applications in finance, including digital payments, robo-advisory, and risk management, which is becoming increasingly important in Philadelphia, PA's finance industry, where companies are looking to leverage technology to drive growth and innovation.
  • A strong work ethic, with a commitment to ongoing learning and professional development, as well as a willingness to adapt to changing market conditions and regulatory requirements, which is essential for finance graduates looking to succeed in Philadelphia, PA's competitive job market, where staying up-to-date with industry trends and developments is critical.

See What Experts Have To Say About Studying Finance

Read our interview with Finance experts

Jason James Sandvik

Jason James Sandvik

Finance Expert

Assistant Professor of Finance

University of Arizona

H. Kent Baker

H. Kent Baker

Finance Expert

Professor at Department of Finance and Real Estate

American University

Andrew Karolyi

Andrew Karolyi

Finance Expert

Dean of the Cornell SC Johnson College of Business

Cornell University

Ekaterina Potemkina

Ekaterina Potemkina

Finance Expert

Assistant Professor of Finance

Indiana University

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