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2026 Easiest Online Finance Degree Programs Ranking in Maryland
As a career counselor, I've seen many students in Maryland eager to pursue a degree in finance, but often faced with the daunting task of selecting the right program amidst financial concerns. For instance, a student at the University of Maryland's Robert H. Smith School of Business may excel in finance, but struggle to find an online program that fits their budget and schedule. This is a common problem many prospective finance students in Maryland face. To help navigate this challenge, our article, 2025 Easiest Online Finance Degree Programs Ranking in Maryland, provides a comprehensive solution. Created by the Research.com team of data scientists, the 2025 Easiest Online Finance Degree Programs Ranking in Maryland ranking will guide students in making informed decisions about their education. By exploring this ranking, students will gain valuable insights into the top online finance degree programs in Maryland, enabling them to choose a program that aligns with their career goals and financial situation, ultimately setting them up for success in the competitive job market.
Key benefits of getting a Online Finance degree in Maryland
Finance degree graduates in Maryland can earn significant salaries, with mean annual wages ranging from $82,990 for Insurance Underwriters to $137,740 for Financial Advisors, and hourly wages ranging from $39.9 to $66.22. For example, Financial Advisors can earn a mean annual wage of $137,740, or $66.22 per hour, while Credit Analysts can earn a mean annual wage of $92,180, or $44.32 per hour.
Graduates from universities like the University of Maryland can pursue a variety of career paths, such as working as a Credit Analyst or Financial Advisor, and can expect to find job opportunities in prestigious financial institutions. For instance, a graduate from the University of Maryland recalled feeling "thrilled" when they were offered a job as a Credit Analyst.
Getting a Finance degree online from universities like Towson University can provide flexibility and convenience, allowing students to complete their degree from the comfort of their own home, and can still lead to successful career outcomes, as evidenced by a graduate from Towson University's Online Finance degree program who felt "well-equipped" to handle the demands of their job as an Insurance Underwriter.
What can I expect from a Online Finance degree in Maryland ?
As someone who's worked in the finance industry for years, I can tell you that pursuing an online finance degree in Maryland can be a game-changer. You can expect a flexible and comprehensive education that prepares you for a lucrative career in finance. For instance, graduates from the University of Maryland's online finance program have shared with me their experiences of developing skills such as financial statement analysis, sound financial decision methodology, and compliant ethical and legal practice application. They've told me how they were able to apply these skills in real-life scenarios, such as analyzing financial data for a small business or creating a personalized financial plan for a client. Some of the key areas of study you can expect to explore in an online finance degree program in Maryland include:
Client financial plan development, where you'll learn to analyze data and inform financial planning recommendations for clients, just like graduates from Johns Hopkins University's online finance program have done
Domestic and global economic environment exploration, which will help you understand the complexities of local and global economies, as seen in the experiences of graduates from Towson University's online finance program
Financial statement analysis, where you'll learn to interpret and analyze financial data to inform business decisions, a skill that graduates from the University of Baltimore's online finance program have found invaluable
Stock market portfolio management, where you'll gain hands-on experience managing a virtual stock market portfolio, giving you the confidence to make informed investment decisions, as reported by graduates from Loyola University Maryland's online finance program. These skills and knowledge will serve as a solid foundation for a successful career in finance, with the Bureau of Labor Statistics predicting significant growth in the financial sector, and a median annual wage of $69,820. With an onlinefinance degree from a reputable institution in Maryland, you'll be well on your way to pursuing a range of exciting career opportunities, from financial analyst to personal financial advisor, and beyond.
Where can I work with a Online Finance degree?
With a finance degree from a reputable online institution in Maryland, such as the University of Maryland Global Campus or Johns Hopkins University, graduates can expect to work in a wide range of industries, including the public sector, corporate sector, and personal sector. For instance, graduates from the University of Maryland's online finance program have gone on to work for government agencies, managing public funds and making informed financial decisions. Others have found employment in corporate settings, handling financial planning, investment, and risk management for private companies. Some have even started their own financial consulting firms, providing financial services to individuals and businesses in the state. According to labor statistics, business and financial occupations are expected to grow 7% from 2021 to 2031, with over 715,000 new jobs expected to be added to the market through 2031.
Some of the key areas where finance graduates from Maryland can find employment include:
Business and financial occupations, such as financial analyst or financial manager, with a median annual wage of $76,570
Corporate settings, where they can work their way up to senior-level positions, such as chief financial officer, at companies like Lockheed Martin or Northrop Grumman
Non-profit organizations, such as the Baltimore Community Foundation, where they can help manage finances and make strategic financial decisions
Consulting firms, such as Ernst & Young or Deloitte, where they can provide financial expertise to clients
Healthcare sector, where they can work in financial management, planning, and analysis at hospitals like Johns Hopkins Hospital or the University of Maryland Medical Center. Graduates from online finance programs in Maryland, such as those from Towson University or Loyola University Maryland, have reported feeling confident and prepared to take on these roles, with many citing the skills and knowledge gained through their program asa key factor in their success. For example, one graduate from the University of Baltimore's online finance program noted that the program's emphasis on financial analysis and planning helped them land a job as a financial analyst at a major corporation in Baltimore.
How much can I make with a Online Finance degree in Maryland ?
As a professor who has mentored numerous students pursuing Online Finance degrees in Maryland, I've seen firsthand the excitement and anticipation that comes with exploring career opportunities in this field. Many of my students from universities like University of Maryland, Johns Hopkins University, and Towson University have gone on to secure lucrative jobs, and I'm often asked about the average salaries they can expect. Based on data from the US Bureau of Labor Statistics, here are some insights into the average salaries for Finance degree graduates in Maryland:
Financial Advisors can earn a mean annual wage of $137,740, which is a significant figure that can provide a comfortable lifestyle, as one of my graduates from University of Maryland's Robert H. Smith School of Business can attest - they landed a job at a top financial firm in Baltimore and were thrilled with the compensation package.
Credit Analysts can expect a mean annual wage of $92,180, which is a great starting point for recent graduates, such as those from Towson University's College of Business, who have gone on to work for banks and financial institutions in the region.
Insurance Underwriters can earn a mean annual wage of $82,990, which may not be as high as some other finance roles, but still offers a sense of security and stability, as I've seen with graduates from Johns Hopkins University's Carey Business School who have found success in this field.I recall one graduate from University of Maryland's Online Finance program who was overjoyed when they received a job offer as a Financial Advisor, with a salary that exceeded their expectations - it was a moment of pure elation, and a testament to the value of a Finance degree from a reputable institution in Maryland. These figures are a testament to the fact that a Finance degree from a Maryland university can lead to rewarding and lucrative career opportunities, and I'm excited to see where my current students will end up.
Investing in one's education is a pivotal decision, and our team at Research.com understands the importance of making an informed choice. To assist prospective students in selecting the best online finance degree programs in Maryland, we have created the "2025 Easiest Online Finance Degree Programs Ranking in Maryland". Our team has gone to great lengths to ensure the quality, credibility, and accuracy of this ranking by utilizing the following data sources:
By reading our ranking, readers will gain valuable insights into the easiest online finance degree programs in Maryland, enabling them to make a well-informed decision about their educational future. For more information on our methodology, please visit our methodology page. Our ranking is designed to provide readers with a comprehensive and trustworthy guide, helping them navigate the complex process of choosing the right online finance degree program.
What Online Finance degree graduates have to say
Edward: I'm thrilled to share my experience with the online Finance degree program at the University of Maryland Global Campus. The flexibility of the program allowed me to balance my work and family responsibilities while pursuing my degree. The curriculum was comprehensive, covering topics such as financial management, investments, and corporate finance. I was impressed by the expertise of the instructors, who brought real-world experience to the virtual classroom. The online platform was user-friendly, and I appreciated the opportunity to interact with classmates from diverse backgrounds. With my degree, I've been able to advance in my career and increase my earning potential. I'm grateful for the opportunity to have studied at UMGC and would highly recommend it to anyone looking to pursue a degree in Finance online.
Joyce: Oh my goodness, my time at Johns Hopkins University's online Finance program was absolutely amazing! I was a bit skeptical at first, wondering if an online program could really deliver the same quality as a traditional on-campus experience. But from the very first day, I knew I was in for a treat. The professors were not only knowledgeable but also passionate about the subject matter, and their enthusiasm was infectious. The online platform was so interactive, with live sessions, discussion forums, and group projects that made me feel like I was part of a community, even from afar. I loved how the program emphasized the application of financial concepts to real-world scenarios, making the learning experience feel relevant and practical. And the best part? I was able to apply the skills and knowledge I gained directly to my job, and my employer took notice! I received a promotion and a significant salary increase, all thanks to the expertise and confidence I gained through the program.
Eric: As a numbers guy, I was drawn to the online Finance program at Towson University because of its strong reputation for academic excellence andaffordability. But what really sold me was the program's focus on experiential learning. Through the online platform, I was able to participate in simulations, case studies, and projects that mimicked real-world financial scenarios. It was incredible to see how the concepts we learned in class were applied in actual business settings. The instructors were also super supportive, always available to answer questions and provide feedback. I appreciated how the program catered to working professionals like myself, with flexible scheduling and self-paced coursework. The sense of accomplishment I felt when I graduated was overwhelming, and I knew that I had made the right decision in choosing Towson University's online Finance program. Now, I'm working as a financial analyst and loving every minute of it!
Key Findings
Finance degree graduates can earn high salaries, with Financial Advisors earning $137,740 per year and Credit Analysts earning $92,180 per year. Insurance Underwriters can earn $82,990 per year.
Employment in business and financial occupations is expected to grow, with approximately 963,500 job openings projected each year from 2023 to 2033.
Financial analysis is a in-demand field, with around 27,400 new jobs projected to be added every year through 2032.
Median annual wages for Finance graduates range from $60,000 to over $100,000, with financial analysts earning around $80,000 to over $100,000 per year.
The average entry-level salary for finance majors is around $64,239, comprising a base salary plus bonuses and additional compensation.
How long does it take to complete a Online Finance degree in Maryland ?
Completing an online Finance degree in Maryland 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 the University of Maryland Global Campus can be completed in as little as two years, with graduates going on to secure entry-level positions in financial analysis, planning, and management. Some key highlights of associate's degree programs in Finance include:
60-70 credit hours of coursework
Focus on foundational courses in finance, accounting, and business
Preparation for industry-recognized certifications like the Certified Financial Manager (CFM) designationOn the other hand, a bachelor's degree in Finance from a top-ranked university like Johns Hopkins University can take four years to complete, with graduates landing roles in investment banking, financial consulting, and portfolio management. Many graduates have reported feeling a sense of pride and accomplishment upon completing their degree, and have gone on to pursue successful careers in finance. For example, graduates from the University of Baltimore's online Finance program have reported being well-prepared for the Chartered Financial Analyst (CFA) exam, and have gone on to work for top financial institutions in the state. A master's degree in Finance, such as the one offered by Loyola University Maryland, typically takes an additional two years beyond the bachelor's degree, and can lead to advanced roles in financial leadership, risk management, and international finance. Some key benefits of master's degree programs in Finance include:
Advanced coursework in financial modeling, derivatives, and corporate finance
Opportunities for specialization in areas like financial planning, investment management, and financial analysis
Preparation for senior-level roles in finance, with median salaries ranging from $80,000 to over $150,000 depending on the position and industry.
Accreditation and Professional Certifications
Choosing an accredited online finance degree in Maryland ensures your credential is recognized by employers and transferable to graduate programs. Most reputable Maryland institutions hold regional accreditation from the Middle States Commission on Higher Education; additionally, many business schools seek specialized accreditation from AACSB (Association to Advance Collegiate Schools of Business). AACSB-accredited programs rigorously maintain high standards in faculty quality, curriculum relevance, and student outcomes, setting graduates apart in a competitive job market.
Professional certifications like the Chartered Financial Analyst (CFA) and Certified Financial Planner (CFP) are highly valued in finance careers. Look for programs that integrate CFA Level I exam prep into core coursework—this alignment can save time and tuition while boosting your chances of passing on the first attempt. Some Maryland online programs also offer dedicated CFP tracks, covering topics such as retirement planning, estate planning, and risk management.
Beyond accreditation, consider how each program supports ongoing professional development: mentorship networks, career services, and exam-prep resources are key. For students exploring cost-effective options outside Maryland, our Affordable Finance Degree Programs Ranking in Oklahoma can provide additional insights into accredited, budget-friendly pathways.
What’s the difference between online and on-campus Finance degree?
The difference between online and on-campus Finance degree programs in Maryland lies in the flexibility, accessibility, and overall learning experience. For instance, online Finance degree programs at universities like University of Maryland Global Campus or Towson University offer students the opportunity to complete coursework on their own schedule, which is particularly beneficial for working professionals or those with family commitments. In contrast, traditional on-campus programs require students to attend classes at a fixed time and location, which can be limiting for some. According to a survey by the National Center for Education Statistics, approximately 30% of students in Maryland prefer online learning due to its flexibility, and this number is expected to grow.
Some of the key benefits of online Finance degree programs in Maryland include:
Flexibility in scheduling and pacing
Accessibility to a wider range of courses and programs
Reduced costs associated with commuting and relocation
Increased opportunities for self-directed learning and personal growthFor example, graduates from the online Finance program at Loyola University Maryland have reported feeling more confident in their ability to manage their time effectively and balance multiple responsibilities, which is a crucial skill in the field of finance. Additionally, online programs often incorporate interactive tools and multimedia resources, such as video lectures, discussion forums, and virtual labs, which can enhance the learning experience and provide students with a more engaging and immersive environment. In fact, a study by the Maryland Higher Education Commission found that online students in Finance programs tend to perform just as well as their on-campus counterparts, with some even reporting higher levels of satisfaction and engagement.
The role of feedback in the learning process is also an important consideration when choosing between online and on-campus Finance degreeprograms in Maryland. Online programs often provide students with immediate feedback through automated quizzes and assessments, as well as regular check-ins with instructors and peers through virtual office hours and discussion forums. For instance, graduates from the online Finance program at University of Baltimore have reported appreciating the timely and constructive feedback they received from their instructors, which helped them to stay motivated and focused throughout the program. This feedback loop is essential in helping students to identify areas where they need improvement and to develop a growth mindset, which is critical for success in the field of finance. By choosing an online Finance degree program in Maryland, students can gain the skills, knowledge, and confidence they need to succeed in this exciting and rewarding field, and can do so in a way that is flexible, accessible, and tailored to their individual needs and goals.
What is the average cost of a Online Finance degree in Maryland ?
Pursuing an online finance degree in Maryland can be a life-changing decision, offering a world of opportunities for personal and professional growth. The average cost of an online finance degree in Maryland is approximately $41,802, making it an attractive option for students who want to balance their academic and professional pursuits. For instance, graduates from the University of Maryland's online finance program have reported feeling empowered and confident in their ability to navigate the complex world of finance, thanks to the program's comprehensive curriculum and flexible online format. Some of the key expenses to consider when pursuing an online finance degree in Maryland include tuition fees, which can vary depending on the institution and the number of credits taken, and the overall online finance degree cost in Maryland.
In addition to tuition fees, other expenses such as books and materials, computer and internet access, and travel costs may be required. Travel costs, for example, may be necessary for some online programs that have on-campus components, such as those offered by Johns Hopkins University's Carey Business School. School-based counselors in Maryland, who prioritize counseling services, advocacy, systemic improvement, prevention programs, and educational and career planning, can provide valuable guidance and support to students as they navigate the online finance degree program. By pursuing an online finance degree in Maryland, students can gain the knowledge, skills, and expertise needed to succeed in this exciting and rewarding field, and can look forward to a bright and prosperous future, with a clear understanding of the average cost of finance degree online.
For students interested in exploring other options, fastest online MBA programs in Texas may also be worth considering. For example, graduates from Towson University's online finance program have gone on tosecure high-paying jobs in top financial institutions, and have reported feeling fulfilled and satisfied with their career choices. By pursuing an online finance degree in Maryland, students can set themselves up for success and achieve their career goals, whether in Maryland or beyond.
What financial aid is available to Online Finance degree students in Maryland ?
Financial aid plays a vital role in making online Finance degree programs in Maryland more accessible and affordable for students. Approximately 55% of Finance degree students in the state receive financial aid, demonstrating the availability and accessibility of financial aid programs. For instance, graduates of the University of Maryland's online Finance program have reported receiving significant financial assistance, including grants, scholarships, and federal work-study programs. Some have even received graduate assistantships and fellowships, which offer stipends, tuition remission, or other benefits. These forms of financial aid can be categorized into:
Grants and scholarships, which do not require repayment and are offered based on financial need and academic achievement
Federal Work-Study programs, providing students with part-time jobs to earn money for educational expenses
Loans, including federal and private options, with varying terms and interest rates
Graduate assistantships and fellowships, offering stipends, tuition remission, or other benefits to graduate students
Many students have expressed relief and gratitude upon receiving financial aid, which has enabled them to focus on their studies without the burden of financial stress. For example, a graduate of Morgan State University's online Finance program recalled feeling overwhelmed by the cost of tuition, but after receiving a federal grant and a part-time job through the Federal Work-Study program, they were able to breathe a sigh of relief and concentrate on their coursework. Similarly, a graduate of the University of Baltimore's online Finance program reported receiving a graduate assistantship, which not only provided a stipend but also valuable work experience and networking opportunities. The Free Application for Federal Student Aid (FAFSA) is a crucial step in determining eligibility for these forms of financial aid, and students are encouraged to complete it as early as possibleto explore their options. By taking advantage of these financial aid programs, students can pursue their online Finance degree in Maryland with greater confidence and financial security.
What are the prerequisites For enrolling in a Online Finance program in Maryland ?
To enroll in an online Finance program in Maryland, you typically need to meet certain prerequisites, which may vary depending on the institution and the specific degree you're pursuing. For instance, to be eligible for the online Bachelor of Science in Finance at the University of Maryland, you usually need to have a high school diploma or equivalent, with a minimum GPA of 3.0, and have completed coursework in mathematics, such as calculus and statistics. Some programs may also require standardized test scores, like the SAT or ACT, with average scores ranging from 1050 to 1300. As one graduate from the University of Baltimore's online Finance program recalled, "I was thrilled to be accepted into the program, and I was able to transfer some of my previous credits, which saved me time and money."
Some key prerequisites to keep in mind when applying to online Finance programs in Maryland include:
A minimum GPA of 2.5 or higher, depending on the institution
Completion of prerequisite courses, such as financial accounting, microeconomics, and macroeconomics
Submission of standardized test scores, such as the GMAT or GRE, for graduate programs
Letters of recommendation from academic or professional references
A personal statement or essay outlining your career goals and motivation for pursuing a Finance degree. For example, a graduate from Morgan State University's online Finance program mentioned that their personal statement played a significant role in their acceptance, as it highlighted their passion for finance and their career aspirations. According to the Bureau of Labor Statistics, employment of financial managers in Maryland is projected to grow 10% from 2020 to 2030, which is faster than the national average, making it an exciting time to pursue a Finance degree in the state. With the flexibility of online programs, you can balance your coursework with other responsibilities, like work or family obligations, and still achieve your goal of becominga finance professional.
Accreditation and Industry Recognition
Choosing an online finance degree program in Maryland with the right accreditation ensures both academic rigor and employer confidence. Regional accreditation, such as Middle States Commission on Higher Education (MSCHE), validates overall institutional quality, while program-specific bodies like AACSB (Association to Advance Collegiate Schools of Business) or ACBSP (Accreditation Council for Business Schools and Programs) guarantee that your finance curriculum meets industry standards. Employers often prioritize graduates from AACSB-accredited programs, citing enhanced analytical training and ethical case studies that mirror real-world financial scenarios.
Before applying, verify accreditation status through the U.S. Department of Education’s database and review each school’s disclosure of accreditation and licensure. Accreditation impacts transfer credit acceptance, eligibility for federal financial aid, and the perceived value of your degree in the job market. Prospective students concerned about cost can explore whether are online mba in finance degree programs affordable by comparing tuition, fee structures, and scholarship opportunities across accredited institutions. By prioritizing accredited programs, you safeguard your investment, accelerate career advancement, and join a network of alumni recognized for excellence in Maryland’s competitive financial sector.
What courses are typically in a Online Finance program in Maryland ?
The curriculum of an online Finance program in Maryland 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 Maryland's Robert H. Smith School of Business, some of the core courses in an online Finance program include:
Financial management, which covers topics such as capital budgeting, risk management, and financial statement analysis
Investments, which explores the principles of investing in stocks, bonds, and other securities
Corporate finance, which delves into the financial decisions made by corporations, including capital structure and dividend policy
Financial markets and institutions, which examines the role of financial markets and institutions in facilitating economic activityGraduates of online Finance programs in Maryland, such as those from Johns Hopkins University's Carey Business School, have reported that these courses provided them with a solid foundation in financial theory and practice. For instance, one graduate recalled that the financial management course helped them develop a comprehensive understanding of financial statement analysis, which they applied in their internship at a Baltimore-based investment firm. Another graduate noted that the investments course gave them the knowledge and skills to create a diversified investment portfolio, which they now manage for their family's business. According to a survey by the CFA Institute, 85% of Finance graduates in Maryland reported that their online program prepared them well for their current role, with 70% citing the curriculum as a key factor in their job satisfaction. For example, a graduate of the online Finance program at Towson University's College of Business reported that the corporate finance course helped them develop a keen understanding of capital structure, which they now apply in their role as a financial analyst at a Maryland-based company.
What types of specializations are available in a Online Finance program in Maryland ?
The array of specializations available in finance degree programs in Maryland is a testament to the versatility and depth of the field, offering students a chance to tailor their education to their career aspirations. Some of the specializations that stand out include:
Accounting, which involves preparing and documenting financial forms, analyzing data, and managing accounts, a skillset that graduates from the University of Maryland's Robert H. Smith School of Business have found to be highly valuable in their professional pursuits
Corporate finance, which trains students to analyze data, manage accounts, maximize profits, and minimize costs, with a focus on accounting information systems and enterprise resource planning software, a specialization that has been particularly popular among students at Johns Hopkins University's Carey Business School
Investment, a popular concentration that can lead to careers as financial advisors, investment bankers, and hedge fund managers, with specializations in investment banking and securities management, an area where graduates from Loyola University Maryland's Sellinger School of Business have excelled
International finance, which involves managing global financial interactions and understanding the intricacies of worldwide commerce, a field that has become increasingly important in today's globalized economy
Real estate, a large industry with its own unique characteristics, including supply and demand, valuation, and capital markets, a specialization that has been in high demand among students at the University of Baltimore's Merrick School of Business
Financial statement analysis, which involves reviewing and interpreting financial statements to provide insights and advice to companies, a skill that has been praised by employers for its practical applications
Personal finances, a specialty area that focuses on individual financial goals, bills, income, and other elements, often leading to careers asaccountants, a field where graduates from Towson University's College of Business have found success
Capital markets, which involves understanding the markets for stocks, bonds, and other financial instruments, a specialization that has been particularly relevant in today's fast-paced financial landscape
Economics, which can be further specialized in microeconomics or macroeconomics, and is highly valued by investment firms, a field that has been consistently in high demand among employers
Financial technology, which combines finance and technology to manage and analyze financial data, a rapidly growing field that has been at the forefront of innovation in the financial sector.As one graduate from the University of Maryland recalled, "I was able to apply the concepts I learned in my investment specialization to a real-world project, and it was incredible to see how it all came together." Another graduate from Johns Hopkins University noted, "The corporate finance specialization gave me a solid foundation in financial analysis and planning, which has been invaluable in my career." These testimonials highlight the practical applications of these specializations and the positive impact they can have on a student's career. Furthermore, research has shown that student engagement in interactive digital learning activities significantly improves academic performance in undergraduate finance courses, making online finance degree programs in Maryland an attractive option for students who want to balance their academic pursuits with other responsibilities.
With the flexibility and accessibility of online learning, students can now pursue their passion for finance without sacrificing their other commitments, and with the wide range of specializations available, they can tailor their education to their career goals and aspirations. For students interested in exploring other fields, logistics degree courses can alsoprovide valuable insights into the management of supply chains and distribution networks.
In addition to the specializations mentioned earlier, Maryland finance degree specializations online offer a wide range of options for students to choose from, allowing them to customize their education to fit their career objectives. This flexibility is particularly important in today's fast-paced business environment, where adaptability and a broad range of skills are essential for success.
What career paths are available For Online Finance graduates in Maryland ?
Graduates of Finance degree programs in Maryland can expect to embark on a diverse range of career paths, with various specialties to select from depending on their level of education and specific interests. For instance, some graduates from the University of Maryland's Robert H. Smith School of Business have gone on to work in commercial banking, providing financial services such as savings accounts, checking accounts, and loan options, with average salaries reaching around $92,983. Others have pursued careers in investment banking, involving the sale and trade of corporate securities, as well as providing advice to corporations and individuals, with average salaries of around $96,543. Many of these graduates have found online finance jobs in Maryland to be a lucrative and rewarding career path.
Some key career paths available to Finance graduates in Maryland include:
Financial planning, where professionals work with clients to create plans for their current and future finances, with average salaries of around $61,830
Financial analysis, using financial data to guide business decisions, with average salaries of around $95,570 per year
Risk management, where professionals help organizations navigate and mitigate financial risks
Fintech, a growing field that combines finance and technology to provide innovative financial solutions. With a strong foundation in finance, graduates can explore various finance degree career paths in Maryland, tailored to their skills and interests.
Many graduates from popular universities in Maryland, such as Johns Hopkins University and Towson University, have reported feeling a sense of excitement and fulfillment in their careers, knowing that they are making a real impact on people's lives. As one graduate recalled, "I was able to use my skills to help a family plan for their retirement, and it was an incredible feeling knowing that I was making a difference." Elite placements in accounting and finance firms, such as thoseoffered by top employers like JPMorgan Chase and Morgan Stanley, can also significantly improve social mobility for working-class graduates, despite factors like gender, age, ethnicity, and degree average. For example, a graduate from the University of Maryland's Finance program landed a job at a major financial institution and was able to pay off their student loans within a few years, feeling a sense of pride and accomplishment. For those interested in pursuing a related field, they may also consider an online communication master's degree requirements to complement their finance background.
With a Finance degree from a Maryland university, graduates can expect to earn high salaries, with some positions offering bonuses and commissions that can reach tens of thousands of dollars, and enjoy a sense of job security and stability. As they progress in their careers, they can explore various specializations and industries, leveraging their skills and knowledge to make a lasting impact in the world of finance.
What is the job market For Online Finance degree graduates in Maryland ?
Graduates of Finance degree programs in Maryland can expect a highly promising job market, with a wide range of career paths available in various industries. According to projections, employment in business and financial occupations is expected to grow at a faster rate than the average for all occupations from 2023 to 2033, with approximately 963,500 job openings projected each year. Some of the key areas where Finance graduates can find employment in Maryland include commercial banking, with salaries ranging from $60,000 to over $90,000, and investment banking, which offers high-intensity careers with salaries over $96,000. The finance career opportunities in Maryland are diverse and offer a range of options for graduates.
Many professionals currently working in Maryland's finance industry recall the excitement and sense of accomplishment they felt when they landed their first job, with one noting that "it was a dream come true to start my career as a financial analyst at a top bank in Baltimore, with a salary of over $64,000." However, it's worth noting that the Source Data from the US Bureau of Labor Statistics does not provide specific information on the highest salary in metropolitan areas in Maryland, with mean annual wages listed as "Data not available" for several areas. To succeed in the job market, graduates should develop strong problem-solving skills, analytical capabilities, and business savvy, making them competitive in the job market.
The job outlook for finance graduates in Maryland is strong, with starting salaries ranging from $85,000 to $125,000, according to Source Fact. Some key skills that employers look for in Finance graduates include a strong understanding of financial markets and instruments, ability to analyze and interpret financial data, and excellent communication and teamwork skills. As one professional in Maryland's finance industry noted, "the key to success in this field is staying up-to-date with the latest finance news anddevelopments, and being able to apply that knowledge in a real-world setting." With the demand for skilled finance professionals strong, and approximately 27,400 financial analyst jobs projected to be added every year through 2032, graduates of Finance degree programs in Maryland can expect a bright and lucrative career ahead. For those interested in pursuing a career in a related field, consider exploring a fast-track online project management degree to gain a competitive edge in the job market.
Other Things You Should Know
What are the emerging niches within the Finance field?
As the financial landscape continues to evolve, it's essential for prospective students in Maryland to be aware of the emerging niches within the Finance field, which are creating new and exciting opportunities for career advancement. Having mentored numerous students pursuing online Finance degrees in Maryland, I've witnessed firsthand the growing demand for specialized skills in areas such as financial technology, sustainable finance, and risk management. For instance, the University of Maryland's Robert H. Smith School of Business offers a range of online Finance courses that cater to these emerging niches, providing students with a competitive edge in the job market.
Some of the key emerging niches within the Finance field include:
Financial technology, or FinTech, which involves the use of technology to improve financial services, such as mobile payments, blockchain, and robo-advising, with the global FinTech market projected to reach $124.3 billion by 2025, according to a report by Grand View Research.
Sustainable finance, which focuses on environmental, social, and governance (ESG) considerations in investment decisions, with a survey by the CFA Institute finding that 75% of investment professionals believe that ESG factors will become more important in the next five years.
Risk management, which involves identifying and mitigating potential risks to an organization's financial well-being, such as cybersecurity threats, regulatory compliance, and market volatility, with the Bureau of Labor Statistics predicting a 10% growth in employment opportunities for risk management specialists between 2020 and 2030.
Data science and analytics, which involves using advanced statistical and machine learning techniques to analyze large datasets and inform financial decisions, with a report by Glassdoor finding that data scientists are among the highest-paid professionals in the Finance industry, with median salaries ranging from $118,000 to over $170,000.*Digital assets and cryptocurrencies, which involve the use of blockchain technology to create new forms of currency and financial instruments, such as Bitcoin and Ethereum, with a report by PwC finding that 77% of financial institutions are exploring the use of blockchain technology to improve their operations.
These emerging niches are not only creating new career opportunities but also driving innovation and growth in the Finance industry, with online Finance degree programs in Maryland, such as those offered by Johns Hopkins University and Towson University, providing students with the skills and knowledge needed to succeed in these areas. By pursuing a specialized online Finance degree in one of these emerging niches, students in Maryland can position themselves for success in a rapidly changing financial landscape.
What are the top skills employers look For in Finance degree graduates in Maryland ?
Employers in Maryland's finance sector typically seek graduates with a combination of technical, business, and soft skills, which are often acquired through online finance degree programs, such as those offered by the University of Maryland Global Campus or Towson University. According to a survey by the Maryland Department of Labor, Licensing and Regulation, the top skills in demand include:
Financial analysis and planning, with 75% of employers requiring proficiency in financial modeling, budgeting, and forecasting, which can be developed through coursework in financial management, investments, and corporate finance, as seen in the online finance degree program at the University of Baltimore.
Data analysis and interpretation, with 62% of employers seeking graduates who can collect, analyze, and interpret large datasets to inform business decisions, a skill that can be honed through online courses in data analytics, statistics, and econometrics, such as those offered by Johns Hopkins University's online division.
Communication and presentation, with 56% of employers valuing graduates who can effectively communicate financial information to both technical and non-technical stakeholders, a skill that can be developed through online courses in business communication, financial reporting, and presentation techniques, as seen in the online finance degree program at Morgan State University.
Risk management and compliance, with 46% of employers requiring graduates who understand regulatory requirements and can identify, assess, and mitigate financial risks, a skill that can be acquired through online coursework in financial regulations, risk management, and compliance, such as those offered by the University of Maryland's Robert H. Smith School of Business.
Leadership and teamwork, with 42% of employers seeking graduates who can work collaboratively with others, lead teams, and make strategic decisions, skills that can be developed through online courses inorganizational behavior, leadership, and management, as seen in the online finance degree program at Loyola University Maryland.According to the Bureau of Labor Statistics, employment of financial managers in Maryland is projected to grow 10% from 2020 to 2030, which is faster than the national average, with a median annual salary of $152,450, making it an attractive career path for online finance degree graduates in the state. Furthermore, a report by the Maryland Chamber of Commerce highlights the importance of developing skills in emerging areas such as fintech, blockchain, and sustainable finance, which can be achieved through specialized online courses or certifications, such as those offered by the University of Maryland's online division.
How does a Online Finance degree influence career mobility and advancement in Maryland ?
As a seasoned professional in the finance industry, I can attest that pursuing an online finance degree in Maryland can be a game-changer for those seeking to elevate their career prospects and unlock new opportunities. With the Old Line State being home to a thriving financial sector, boasting a high concentration of financial institutions, investment firms, and government agencies, the demand for skilled finance professionals is on the rise. According to the Bureau of Labor Statistics, employment of financial managers in Maryland is projected to grow 10% from 2020 to 2030, outpacing the national average.
Some of the ways an online finance degree can influence career mobility and advancement in Maryland include:
Enhancing career prospects with top employers, such as T. Rowe Price, Legg Mason, and Morgan Stanley, which have a significant presence in the state and often seek candidates with specialized finance knowledge and skills, which can be acquired through online programs offered by reputable institutions like the University of Maryland's Robert H. Smith School of Business or Johns Hopkins University's Carey Business School.
Opening up new avenues for career advancement, as online finance degree holders can transition into senior roles, such as financial analyst, portfolio manager, or risk management specialist, with median salaries ranging from $85,000 to over $150,000, according to data from the Bureau of Labor Statistics and online job postings.
Fostering a deeper understanding of the complex financial landscape in Maryland, including the state's unique regulatory environment, tax laws, and industry trends, which can be leveraged to drive business growth, improve financial performance, and make informed investment decisions, as evidenced by the success stories of Maryland-based companies like Under Armour and Lockheed Martin.
Providing a flexible and convenient pathway to career development, as online finance degree programs can be completed on apart-time basis, allowing working professionals to balance their academic pursuits with their job responsibilities and other obligations, which is particularly important in a state like Maryland, where many residents commute to nearby Washington, D.C. or have demanding work schedules.
Facilitating networking opportunities with fellow students, alumni, and industry professionals, which can lead to valuable connections, mentorship, and job opportunities, as many online finance degree programs in Maryland offer virtual networking events, career fairs, and internship placements with local companies, such as the Maryland Chamber of Commerce or the Financial Planning Association of Maryland.
By pursuing an online finance degree in Maryland, individuals can gain the knowledge, skills, and credentials needed to succeed in this exciting and rewarding field, and set themselves up for long-term career success and financial stability, with the potential to earn higher salaries, enjoy greater job security, and make a meaningful impact in their chosen profession. With the right education and training, the possibilities are endless, and the future looks bright for finance professionals in Maryland.
How to choose between a thesis and a non-thesis Finance degree program in Maryland ?
Choosing between a thesis and a non-thesis Finance degree program in Maryland can be a bit overwhelming, especially for prospective students who are new to the field of finance. As someone who has worked in the industry for years, I've seen many students struggle with this decision. To make things easier, let's break down the key differences between these two types of programs. For instance, a thesis-based program, such as the one offered by the University of Maryland's Robert H. Smith School of Business, typically requires students to conduct original research and produce a lengthy paper, usually around 50-100 pages, under the guidance of a faculty advisor. This can be a great option for students who want to pursue a career in research or academia, as it allows them to develop their research skills and produce a significant piece of work that can be published in academic journals.
On the other hand, non-thesis programs, such as the online Master's in Finance program at Johns Hopkins University's Carey Business School, focus more on practical applications and coursework, with students often completing a capstone project or a comprehensive exam instead of a thesis. This can be a better fit for students who want to enter the workforce immediately after graduation, as it provides them with a broad range of skills and knowledge that can be applied directly to their future careers. Some key factors to consider when deciding between a thesis and a non-thesis program include:
The career goals and aspirations of the student, as a thesis program may be more suitable for those who want to work in research or academia, while a non-thesis program may be more suitable for those who want to work in industry or finance
The amount of time and effort the student is willing and able to commit to the program, as a thesis program typically requires more time and effort than a non-thesis program
The student's interests and strengths, as a thesis program may be more suitable forstudents who enjoy research and writing, while a non-thesis program may be more suitable for students who prefer practical applications and coursework
The reputation and accreditation of the program, as well as the quality of the faculty and the resources available to students, as these can all impact the overall quality of the education and the career prospects of the student
The flexibility and convenience of the program, as online programs, such as the one offered by the University of Baltimore's Merrick School of Business, may be more suitable for students who need to balance their studies with work or other responsibilities.
Ultimately, the decision between a thesis and a non-thesis Finance degree program in Maryland will depend on the individual student's needs and goals, and it's essential to weigh the pros and cons of each option carefully before making a decision. According to data from the Maryland Higher Education Commission, the state is home to a number of high-quality Finance programs, with over 70% of graduates going on to work in the field of finance, and the median salary for Finance graduates in Maryland is around $65,000 per year, which is higher than the national average.