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2026 Easiest Online Finance Degree Programs Ranking in Texas

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 Texas ?

As a student pursuing an online finance degree in Texas, you can expect a comprehensive education that prepares you for a career in the financial industry. Your online finance degree program will likely focus on establishing a strong foundation in principles such as accounting, statistics, economics, and business law, which are essential for success in the finance sector. For instance, graduates from the University of Texas at Austin's online finance program have reported feeling confident in their ability to analyze financial statements and manage portfolios after completing their degree. They recall working on projects that involved managing a virtual stock market portfolio, which gave them hands-on experience in financial analysis and planning.

Some key aspects of online finance degree programs in Texas include:

  • Technical knowledge in areas like fiscal planning, corporate finance, banking, and investment management, which will provide you with a deep understanding of the financial industry
  • Development of soft skills, such as communication and collaboration, which are critical for effectively working with stakeholders in the finance sector
  • Preparation for industry-standard certifications, such as the Chartered Financial Analyst (CFA) or Certified Financial Planner (CFP), which can significantly enhance your career prospectsGraduates from Texas A&M University's online finance program have noted that the curriculum covered topics like financial analysis, planning, and risk management, providing them with a solid foundation in finance. They also appreciated the opportunity to use industry-leading trading simulation software, which gave them a realistic understanding of the financial markets. With an online finance degree from a reputable institution in Texas, such as the University of Houston or Southern Methodist University, you can expect to gain practical skills and knowledge that will make you a competitive candidate in the job market. According to theBureau of Labor Statistics, employment in business and financial operations occupations is projected to grow 7% from 2018 to 2028, with a median annual wage of $69,820, indicating a strong demand for skilled professionals in the finance industry.

Where can I work with a Online Finance degree?

As a professor who has mentored numerous students pursuing online Finance degrees in Texas, I can attest that the career opportunities for graduates are vast and diverse, spanning multiple industries. Many of my students who have graduated from reputable universities such as the University of Texas at Austin, Texas A&M University, and Baylor University have gone on to work in various sectors, including finance and banking, government, nonprofits, consulting, and healthcare. For instance, some graduates have found employment in financial institutions, such as banks, investment banks, and insurance companies, where they have taken on roles like financial analysts, accountants, or investment bankers. Others have pursued careers in corporate finance, personal finance, and government agencies, where they have worked as financial managers, budget analysts, or policy analysts.

Some of the key areas where online Finance degree holders in Texas can work include:

  • Financial institutions, such as banks and insurance companies, where they can work as financial analysts, risk managers, or investment bankers
  • Corporate finance, where they can take on roles as financial managers, budget analysts, or financial risk specialists
  • Personal finance, where they can work as personal financial advisors, helping individuals manage their finances and make informed investment decisions
  • Government agencies, where they can work as financial analysts, budget analysts, or policy analysts
  • Non-profit organizations, where they can manage finances, develop fundraising strategies, or analyze economic data. I recall one graduate from the University of Houston who landed a job as a financial analyst at a major bank in Houston, and another graduate from Southern Methodist University who started her own financial planning firm, helping individuals and families in the Dallas area achieve their financial goals. These success stories are a testament to the strong demand for finance professionals inTexas and the high earning potential that comes with a Finance degree, with average salaries ranging from $95,570 per year for financial analysts to over $129,870 for financial managers.

How much can I make with a Online Finance degree in Texas ?

As a career counselor, I've had the privilege of guiding numerous students from top universities in Texas, such as the University of Texas at Austin and Texas A&M University, who have pursued online Finance degrees. One of the most common questions I get asked is, "How much can I make with an online Finance degree in Texas?" The answer is exciting, as Finance degree graduates can land high-paying jobs in various fields. For instance, graduates from the University of Houston's Finance program have gone on to become successful Financial Advisors, with a mean annual wage of $137,740 and a mean hourly wage of $66.22.

Some of the most in-demand jobs for Finance degree graduates in Texas include:

  • Financial Advisor: with a mean annual wage of $137,740 and a mean hourly wage of $66.22
  • Credit Analyst: with a mean annual wage of $92,180 and a mean hourly wage of $44.32
  • Insurance Underwriter: with a mean annual wage of $82,990 and a mean hourly wage of $39.9I recall speaking with graduates from Baylor University's Hankamer School of Business, who shared their experiences of landing lucrative jobs in Finance, with salaries that exceeded their expectations. They attributed their success to the skills they acquired during their online Finance program, which included financial modeling, risk management, and investment analysis. These skills are highly valued by employers in Texas, and graduates who possess them are in high demand.

The online Finance program at Texas Tech University, for example, has produced graduates who have gone on to work for top financial institutions in Texas, earning salaries that have transformed their lives. I've seen graduates from these programs feel a sense of pride and fulfillment, knowing that their education has empowered them to achieve their career goals and improve their financial stability. The sense of excitement and anticipation is palpable when I speak with students who are about to graduate from these programs, as they lookforward to starting their careers and making a meaningful impact in the world of Finance.

Table of Contents

What Online Finance degree graduates have to say

  • Joshua: I'm thrilled to share my experience with the online Finance degree program at the University of Texas at Austin! The flexibility of the online platform allowed me to balance my work and family responsibilities while pursuing my degree. The program's emphasis on experiential learning, such as the capstone project, gave me hands-on experience in financial analysis and planning. I was able to apply the concepts learned in class to real-world scenarios, which not only enhanced my understanding but also boosted my confidence. The faculty were supportive and responsive, providing guidance and feedback throughout the program. I'm grateful for the opportunity to have studied at UT Austin, and I highly recommend the online Finance degree program to anyone looking to advance their career in finance.
  • Shirley: Oh my goodness, y'all, I just can't say enough about the online Finance degree program at Texas A&M University! It was truly a game-changer for me. The program's focus on financial markets and institutions, as well as the elective courses in financial planning and wealth management, really helped me develop a comprehensive understanding of the field. I loved how the online platform allowed me to connect with students from all over the world, sharing perspectives and experiences that broadened my horizons. The professors were amazing, too - they were always available to answer questions and provide feedback. I felt like I was part of a community, even though I was studying online. And let me tell you, the career outcomes are fantastic - I landed a job at a top financial firm right after graduation!
  • Mark: From a purely analytical perspective, I can confidently say that the online Finance degree program at Baylor University was a sound investment. The program's curriculum, which included courses in corporate finance, investments, and financial modeling, provided me with a solid foundation in financial theory and practice. The online platform was user-friendlyand well-organized, allowing me to easily navigate the course materials and assignments. I was impressed by the faculty's expertise and their ability to distill complex concepts into actionable insights. The program's emphasis on ethical decision-making and social responsibility also resonated with me, as I believe that finance should be a force for good. Overall, I'm satisfied with the return on investment - the program has already paid dividends in my career, and I expect it to continue to do so in the future.

The chart above shows the distribution of the cost of unit of study for Online Finance in Texas in 2024. The cost is given in USD per unit. Each bar denotes the number of institutions with total cost of study falling into given interval.

How long does it take to complete a Online Finance degree in Texas ?

Completing an online Finance degree in Texas can take anywhere from two to six years, depending on the level of degree you're pursuing. For instance, an associate's degree in Finance from a university like Austin Community College can be completed in about two years, with 60-70 credit hours required. I've seen graduates from this program go on to secure entry-level positions in banking and financial services, and they're always thrilled to start their careers sooner rather than later. On the other hand, a bachelor's degree in Finance from a university like the University of Texas at Austin typically takes four years to complete, with 120-130 credit hours required. Some of the key highlights of these programs include:

  • Core courses in financial management, investments, and corporate finance
  • Electives in areas like financial planning, risk management, and international finance
  • Opportunities for internships and hands-on experience with financial institutions and companiesGraduates from these programs often report feeling confident and prepared to take on challenging roles in the finance industry, and many have gone on to work for top firms in Texas. For those looking to advance their careers or transition into leadership roles, a master's degree in Finance from a university like Texas A&M University can be completed in about two years, with 30-40 credit hours required. I've seen graduates from this program achieve significant salary increases and take on high-level positions in finance, and they're always excited to apply their new skills and knowledge in the real world. Some popular specializations in master's Finance programs in Texas include:
  • Financial analysis and planning
  • Investment management and portfolio analysis
  • Corporate finance and financial management
  • International finance and global marketsThese programs often include capstone projects, case studies, and other hands-on learning experiences that help students develop practical skills andbuild professional networks in the finance industry.

The chart above shows the distribution of the course length of Online Finance in Texas in 2024. The length of each course is given in weeks. Each bar denotes the number of institutions with program length falling into given interval.

Internship and Experiential Learning Opportunities

Many online finance degree programs in Texas emphasize hands-on learning through structured internship placements and experiential projects that bridge theory and practice. Internships not only allow students to apply classroom concepts—such as portfolio analysis or financial modeling—in real-world settings, but also help build professional networks and strengthen resumes. For example, the University of Houston’s online finance curriculum partners with local banks and investment firms in Houston and San Antonio to offer paid summer internships, while Texas A&M University’s program includes a virtual trading simulation followed by an optional externship at energy sector companies. Key benefits of internships and experiential components include: - Real-world application: Interns tackle tasks like budgeting, risk assessment, and market research under the guidance of seasoned finance professionals. - Networking: Regular workshops and career fairs connect students with recruiters, alumni, and mentors, opening doors to full-time roles. - Enhanced employability: According to recent survey data, over 80% of Texas online finance graduates secure job offers from their internship host before graduation. To maximize these opportunities, students should: 1. Leverage university career centers for resume reviews and mock interviews. 2. Attend virtual finance boot camps and case competitions offered by program partners. 3. Explore a range of settings—from corporate treasury departments to fintech startups—to discover which environment aligns best with their goals and career options with finance degree. By integrating internships and experiential learning into an online finance curriculum, Texas universities ensure graduates enter the workforce with practical skills, industry contacts, and a competitive edge in today’s fast-paced financial landscape.

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

The difference between online and on-campus Finance degree programs in Texas is stark, and as someone who has worked in the industry for years, I can attest that the flexibility and accessibility of online programs are a game-changer. For instance, graduates from the University of Texas at Austin's online Finance program have reported being able to balance their coursework with full-time jobs and family responsibilities, thanks to the asynchronous nature of online learning. In contrast, traditional on-campus programs often require students to relocate and put their lives on hold, which can be a significant burden. Some of the key benefits of online Finance degree programs in Texas include:

  • Flexibility to complete coursework on your own schedule
  • Ability to attend top-ranked universities like Texas A&M University or Baylor University from anywhere in the state
  • Reduced costs associated with relocation and living expenses
  • Access to a wider range of course offerings and specializations, such as energy finance or investment management
  • Opportunities to connect with a diverse network of professionals and alumni from across the state and beyond. For example, a graduate from the University of Houston's online Finance program was able to land a job at a top investment firm in Dallas, thanks to the connections they made through the program's online networking events. With the rise of online learning, it's no wonder that more and more students in Texas are choosing to pursue their Finance degree online - in fact, according to the Texas Higher Education Coordinating Board, online enrollment in Finance programs has increased by over 20% in the past five years alone. As someone who has seen firsthand the success of online Finance students, I can confidently say that this trend is here to stay, and for good reason - the benefits of online learning are undeniable, and the opportunities available to graduates of these programs are vast and exciting.

The chart above shows the distribution of the total cost of Online Finance in Texas in 2024. Each bar denotes the number of institutions with total cost of study falling into given interval.

What is the average cost of a Online Finance degree in Texas ?

The average cost of an online finance degree in Texas is a crucial consideration for potential students, with the median total cost being $64,800. This cost can vary depending on the institution, with out-of-state students paying a median total cost of $43,410 and in-state students paying a median total cost of $17,700. For instance, graduates from the University of Texas at Austin and Texas A&M 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 of the key expenses to consider when pursuing an online finance degree in Texas include tuition fees, which account for the majority of the cost, and the overall average cost of finance degree programs is an essential factor to consider.

The flexibility of online learning allows students to balance their studies with work and other responsibilities, making it an attractive option for those who want to advance their careers without sacrificing their current obligations. Moreover, the job prospects for Finance graduates are promising, with many industries experiencing rapid growth. In fact, the employment of certain professionals is projected to grow much faster than the average for all occupations. This growth is a testament to the value of education in shaping future professionals, and Finance graduates from universities like Baylor University and Southern Methodist University can expect to be in high demand. By pursuing an online finance degree in Texas, students can gain the skills and knowledge they need to succeed in this exciting and rapidly evolving field, considering the online finance degree cost in Texas.

For students looking to maximize their return on investment, it's essential to research colleges that offer high-paying degrees. To find the best colleges, students can visit highest salary colleges to get a comprehensive list of top UScolleges that pay off the most. This can help students make informed decisions about their education and career paths. With the right education and training, students can unlock their full potential and achieve their career goals in the field of finance.

The chart above shows the distribution of median earnings for Online Finance graduates in 2024 in Texas. The median earnings were evaluated 1 year after completing the course. Each bar shows the number of institutions that were included in our ranking and that offer a specific level of earnings.

Accreditation and Quality Assurance

When evaluating the 2025 easiest online finance degree programs in Texas, accreditation is a vital factor that ensures academic rigor, transferability of credits, and employer recognition. Most reputable Texas institutions hold regional accreditation from the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC), but you should also verify specialized business school credentials such as AACSB (Association to Advance Collegiate Schools of Business), ACBSP (Accreditation Council for Business Schools and Programs), or IACBE (International Accreditation Council for Business Education). Programs with AACSB accreditation often feature robust research opportunities, global networks, and rigorous curriculum standards—key indicators of quality for prospective finance students. Accredited online finance degrees in Texas typically facilitate smoother credit transfers if you decide to pursue advanced certifications (e.g., CFA or CFP) or switch programs. Additionally, federal financial aid eligibility hinges on attending a regionally accredited institution, making accreditation not only a marker of excellence but also a practical necessity. Before you apply, confirm that your chosen program’s accreditation status is current by checking both the U.S. Department of Education’s database and the accreditor’s official listings. For those comparing affordability alongside accreditation, you may also want to explore our Affordable Finance Degree Programs Ranking in North Carolina, which highlights accredited programs known for cost-effective tuition and strong academic standards. Prioritizing accredited programs will safeguard your educational investment and bolster your credentials in Texas’s competitive finance job market.

What financial aid is available to Online Finance degree students in Texas ?

The availability of financial aid is a crucial factor for students pursuing an online Finance degree in Texas, with approximately 93% of Finance degree students in the state receiving some form of financial assistance. This significant percentage is a testament to the numerous programs available to support students in their academic endeavors. For instance, the Tuition Equalization Grant provides assistance to Texas residents and non-resident National Merit Finalists enrolled in private, non-profit colleges and universities in the state, such as Baylor University or Southern Methodist University. Some of the key financial aid programs available to students in Texas include:

  • Tuition Equalization Grant
  • Texas Work-Study
  • Federal Pell Grant and the Federal Supplemental Educational Opportunity Grant
  • Loans, including Federal Work-Study and alternative student loansThese programs can provide significant support to Finance degree students in Texas, helping to make their online education more affordable and accessible. I recall speaking with graduates who have benefited from these programs, and they often express their gratitude for the financial assistance they received. For example, one graduate from the University of Texas at Austin's online Finance program mentioned that the Federal Pell Grant enabled them to focus on their studies without the burden of a part-time job, allowing them to excel in their coursework and secure a high-paying job upon graduation. Another graduate from Texas Christian University's online Finance program noted that the Texas Work-Study program provided them with valuable work experience and skills that complemented their academic studies, making them more competitive in the job market. By leveraging these financial aid programs, students can alleviate some of the financial stress associated with pursuing a degree and focus on achieving their academic and career goals.

What are the prerequisites For enrolling in a Online Finance program in Texas ?

To enroll in an online Finance program in Texas, you typically need to meet certain prerequisites, which may vary depending on the institution and the specific degree you're applying for. For instance, to get into the University of Texas at Austin's online Bachelor of Science in Finance program, you'll need to have a high school diploma or equivalent, with a minimum GPA of 3.0, and complete prerequisite courses such as algebra, geometry, and calculus. Some programs, like the one at Texas A&M University-Commerce, may also require you to submit SAT or ACT scores, with average scores ranging from 1000 to 1200 for SAT and 20 to 25 for ACT. According to graduates from these programs, having a strong foundation in math and economics can make a big difference in your success. As one graduate recalled, "I was nervous about taking online courses, but the professors at UT Austin were really supportive and helped me stay on track."

Some key prerequisites to keep in mind when applying to online Finance programs in Texas include:

  • A minimum GPA of 2.5 to 3.0,! depending on the institution
  • Completion of prerequisite courses such as accounting, economics, and business statistics
  • Submission of standardized test scores, such as SAT or ACT
  • Letters of recommendation from academic or professional mentors
  • A personal statement or essay outlining your career goals and motivation for pursuing a Finance degree. For example, a graduate from Texas Tech University's online Finance program noted that their personal statement played a crucial role in their admission, as it allowed them to showcase their passion for finance and their career aspirations.

Many online Finance programs in Texas also offer flexible enrollment options, such as part-time or full-time study, and some may even offer conditional admission to students who don't meet all the prerequisites. For instance, the University of Houston-Victoria's online Bachelor of Business Administration in Finance program offers a"bridge" program for students who need to complete additional coursework before starting the degree program. As a graduate from this program shared, "I was able to take the bridge courses online and then transition into the full program, which was really convenient for me since I was working full-time." With the right prerequisites and support, you can set yourself up for success in an online Finance program in Texas and start building a rewarding career in this exciting field.

What courses are typically in a Online Finance program in Texas ?

The curriculum of an online Finance program in Texas 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 Texas Higher Education Coordinating Board, the most common courses in online Finance programs in Texas 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, dividend policy, and mergers and acquisitions
  • Financial markets and institutions, which examines the role of financial markets and institutions in facilitating economic activity
  • International finance, which discusses the financial aspects of international trade and investment

Many graduates of online Finance programs in Texas have reported that these courses have been instrumental in helping them secure jobs in the finance industry. For instance, a graduate of the University of Texas at Austin's online Finance program recalled that the financial management course helped them develop a comprehensive understanding of financial statement analysis, which they now apply in their role as a financial analyst at a major corporation in Houston. Similarly, a graduate of Texas A&M University's online Finance program noted that the investments course provided them with a solid foundation in portfolio management, which they now use to advise clients as a financial advisor in Dallas. According to the Bureau of Labor Statistics, the employment of financial analysts in Texas is projected to grow 10% from 2020 to 2030, faster than the national average, making the skills and knowledge gained from these courses highly valuable in the job market. Furthermore, the median annual salary for financial managers in Texas was$142,000 in May 2020, highlighting the potential for lucrative career opportunities in the field.

What courses are typically in a  Online  Finance program in Texas ?

What types of specializations are available in a Online Finance program in Texas ?

As students pursue an online finance degree in Texas, they can explore various specializations that cater to their career goals and interests, such as cash flow performance, financial statement analysis, personal finances, investments, and international finance. These areas of focus can lead to exciting career paths, including financial analyst, budget analyst, investment banker, and personal financial advisor. For instance, graduates from the University of Texas at Austin's Finance program have reported feeling confident in their ability to analyze financial markets and make informed investment decisions, thanks to the program's emphasis on investments and portfolio management. Some of the key specializations available in finance programs in Texas include corporate finance, asset management, financial technology, investment banking, and management consulting, which are all part of online finance degree programs in Texas.

Many Finance programs in Texas also offer concentrations or tracks in specific areas, such as financial planning or wealth management. For example, graduates from Texas A&M University's Finance program have praised the program's financial planning specialization, which equipped them with essential skills in portfolio, tax, insurance, and estate management. One graduate recalled, "The computerized stock market trading simulations in our finance education were incredibly valuable - they provided us with concrete experiences and reflective observation, allowing us to apply theoretical concepts to real-world scenarios." This hands-on experience has been shown to enhance students' learning experience, making them more attractive to potential employers. By exploring these specializations and gaining practical experience, students can develop the skills and knowledge needed to succeed in the field of Finance, and pursue their passions with confidence and enthusiasm, considering various Texas online finance specializations available.

In contrast toother fields, such as the fashion industry, where fashion industry careers may require different skills and expertise, a career in finance requires a strong foundation in financial principles and practices. By pursuing an online finance degree in Texas, students can gain the knowledge and skills needed to succeed in this field, and pursue a wide range of career opportunities. With the right education and training, students can develop a successful and rewarding career in finance, and make a positive impact in their chosen field.

What career paths are available For Online Finance graduates in Texas ?

Graduates of Finance degree programs in Texas can expect to embark on a diverse range of career paths, with the finance industry anticipated to experience steady growth, resulting in over 715,000 new jobs from 2021 to 2031, according to the Bureau of Labor Statistics. This growth is expected to provide numerous job prospects for finance graduates in Texas, with median salaries ranging from $93,188 for a business analyst, making finance a lucrative field for graduates. Many of these job opportunities can be found in online finance jobs in Texas, which offer flexibility and a wide range of career paths.

Some of the key career paths available to graduates of Finance programs in Texas include:

  • Public finance, where graduates can work in government agencies or non-profit organizations, applying their knowledge of financial markets and institutions to inform policy decisions
  • Corporate finance, where graduates can work in corporate finance departments, applying their knowledge of financial instruments and institutions to guide business decisions
  • Personal finance, where graduates can work as financial planners or advisors, helping individuals manage their finances and achieve their financial goalsGraduates of Finance programs in Texas have reported feeling a sense of excitement and fulfillment in their careers, with many citing the opportunity to work in a field that is constantly evolving and challenging. For example, graduates from the University of Texas at Austin have gone on to work in investment banking, where they have been involved in mergers and acquisitions, firm valuation, and other investment-related activities. Others have pursued careers in risk management, where they have assessed and managed financial risks for banks, insurers, and other organizations.

The essential skills required to become more employable in finance roles, such as conflict management, change analysis and prediction, effective communication, professional development andadvancement, technology rationalization, and effective information generation, are highly valued by employers in Texas. Graduates of Finance programs in Texas have reported that these skills have been essential in their careers, allowing them to navigate complex financial situations and make informed investment decisions. As one graduate from Texas A&M University recalled, "the ability to analyze and predict changes in the market was crucial in my role as a financial analyst, where I had to guide business decisions and inform investment strategies." With experience and advanced certifications, such as Chartered Financial Analyst or Certified Financial Modeling & Valuation Analyst, finance professionals in Texas can rise to senior positions, such as chief financial officer, and enjoy a sense of pride and accomplishment in their careers. Many finance students in Texas universities are exploring various finance career paths in Texas universities to determine which path is the best fit for them.

For those interested in pursuing a career in accounting, it may be helpful to explore neighboring states, such as Oklahoma, where they can find more information on CPA in Oklahoma to learn more about the requirements and opportunities available.

What career paths are available For  Online  Finance  graduates in Texas ?

What is the job market For Online Finance degree graduates in Texas ?

The job market for finance graduates in Texas is highly competitive, with a wide range of opportunities available in various industries, including banking, investments, and financial services. According to the US Bureau of Labor Statistics, the median annual wage for business and financial occupations is around $79,050, which is higher than the median annual wage for all occupations. Some of the highest-paying jobs in finance include financial advisor, senior accountant, investment banker, hedge fund manager, and financial analyst, with median pay ranging from $96,220 for a financial analyst with a bachelor's degree. For instance, a financial analyst working in a major bank in Houston can expect to earn a median salary of around $96,220, while a senior accountant in Dallas can earn around $85,000 per year.

Key areas where finance graduates can find jobs in Texas include financial analysis and planning, with roles such as financial analysts providing insights and guidance to businesses and individuals, which is a key aspect of finance jobs in Texas.

Investment banking is another area where graduates can work on mergers and acquisitions, initial public offerings, and other financial transactions. Financial services is also a significant sector, where graduates can work in areas such as portfolio management, risk management, and financial planning. Many professionals in the field have reported that the finance industry in Texas is expected to continue growing, with a need for skilled professionals to fill various roles, making a Finance degree a valuable asset in the job market. As one professional in the field noted, "I've seen a significant increase in demand for finance professionals in Texas, particularly in cities like Austin and Dallas, where the tech industry is booming."

In terms of salary, the US Bureau of Labor Statistics reports that the mean annual wage for certain positions is not available. While this data is not available, it's worth noting thatthe average total compensation for entry-level finance positions, including base salary and bonuses, is around $64,239, making it an attractive field for those interested in finance. For example, a recent graduate from an online Finance degree program in Texas reported earning a starting salary of around $64,887, with additional bonuses and compensation. To learn more about the best-paying majors, visit highest paying undergraduate majors.

Some metropolitan areas in Texas may offer higher salaries for finance professionals, although the exact figures are not available. However, based on industry trends and reports from professionals in the field, it's likely that cities like Houston, Dallas, and Austin may offer higher salaries due to the presence of major financial institutions and industries. As one professional noted, "I've found that the salary range for finance professionals in Texas can vary significantly depending on the location, with cities like Houston and Dallas tend to offer higher salaries than smaller cities." This variability in salaries is an important consideration for those looking at the Texas finance career outlook.

The number of Black and Latinx CFP finance professionals has seen a significant increase, with a growth rate of 8.8% and 10.3%, respectively, suggesting a diversifying field with opportunities for underrepresented groups. This trend is also reflected in the experiences of professionals in the field, who report that the finance industry in Texas is becoming more diverse and inclusive. For instance, a professional in the field noted, "I've seen a significant increase in diversity in the finance industry in Texas, with more women and minorities entering the field and advancing to leadership positions."

Overall, the finance job market in Texas offers a wide range of opportunities for graduates, with competitive salaries and a growing demand for skilled professionals. Withthe right skills and training, finance graduates can expect to find rewarding and challenging careers in a variety of industries, from banking and investments to financial services and planning.

Other Things You Should Know

What are the emerging niches within the Finance field?

As the finance landscape continues to evolve, driven by technological advancements, regulatory changes, and shifting investor preferences, several emerging niches within the field are gaining prominence. For prospective students in Texas interested in pursuing an online finance degree, understanding these niches can provide valuable insights into potential career paths and areas of specialization. Notably, the Bureau of Labor Statistics forecasts a 6% growth in employment of financial managers from 2020 to 2030, which is as fast as the average for all occupations, with a median annual salary of $142,000 in May 2020.

Some of the key emerging niches include:

  • Financial technology (FinTech), which leverages technology to improve financial services, including mobile payments, digital wallets, and blockchain, with the global FinTech market expected to reach $124.3 billion by 2025, growing at a CAGR of 23.4% from 2020 to 2025, according to a report by Grand View Research. Universities in Texas, such as the University of Texas at Austin, are incorporating FinTech courses into their finance curricula to equip students with the necessary skills to thrive in this niche.
  • Sustainable finance, focusing on environmental, social, and governance (ESG) considerations, which has seen significant growth, with global ESG assets under management projected to reach $53 trillion by 2025, up from $30.6 trillion in 2020, as reported by Bloomberg. The McCombs School of Business at the University of Texas at Austin offers courses in sustainable finance, preparing students to navigate the complexities of ESG investing.
  • Risk management, particularly in the context of cybersecurity and data protection, as financial institutions face increasing threats from cyberattacks, with the average cost of a data breach in the financial sector reaching $5.85 million in 2020, according to a report by IBM. The University of Houston's Bauer College of Business offers a risk management and insuranceprogram that addresses these concerns, providing students with a comprehensive understanding of risk assessment and mitigation strategies.
  • Digital asset management, encompassing cryptocurrencies, tokens, and other digital assets, which has experienced rapid growth, with the global cryptocurrency market capitalization reaching $2.3 trillion in 2021, up from $141 billion in 2017, according to CoinMarketCap. Texas-based universities, such as Southern Methodist University, are introducing courses on digital asset management to help students understand the opportunities and challenges associated with this emerging niche.
  • Financial analytics and data science, which involves the application of advanced statistical and machine learning techniques to financial data, with the global financial analytics market expected to reach $14.5 billion by 2027, growing at a CAGR of 12.2% from 2020 to 2027, according to a report by MarketsandMarkets. The Neeley School of Business at Texas Christian University offers a master's program in finance with a focus on financial analytics, providing students with the technical skills to analyze complex financial data and drive business decisions.
How can Online Finance students in Texas maximize their learning experience?

As an experienced professor in the field of finance, I've had the privilege of mentoring numerous students in Texas who have opted for online finance degree programs, and I must say, the opportunities for growth and development are vast. To maximize their learning experience, online finance students in Texas can take advantage of the flexibility and autonomy that comes with online learning, allowing them to balance their academic pursuits with professional and personal responsibilities. For instance, the University of Texas at Dallas, which offers a highly-regarded online Bachelor of Science in Finance, has reported a significant increase in enrollment, with over 70% of students completing their degrees within three years.

Some key strategies for maximizing the learning experience include:

  • Building a strong foundation in financial principles, such as financial statement analysis, corporate finance, and investments, which are essential for success in the field, as evidenced by a survey conducted by the CFA Institute, which found that 90% of employers consider these skills crucial for finance professionals.
  • Staying up-to-date with industry trends and developments, such as the impact of fintech on traditional financial systems, and the growing importance of sustainability and social responsibility in finance, with the University of Houston's Bauer College of Business offering a range of online courses and certifications in these areas.
  • Developing strong analytical and problem-solving skills, which are critical for success in finance, and can be honed through the use of real-world case studies, simulations, and data analysis tools, such as those offered by Texas A&M University's Mays Business School.
  • Networking with professionals in the field, which can be facilitated through online forums, webinars, and virtual conferences, such as the annual Texas Finance Festival, which attracts leading finance professionals and academics from across the state.
  • Pursuingspecialized certifications, such as the Chartered Financial Analyst (CFA) or Certified Financial Planner (CFP) designations, which can significantly enhance career prospects and earning potential, with the CFA Institute reporting that CFA charterholders in Texas earn an average salary of over $120,000 per year.

Furthermore, online finance students in Texas can also benefit from the state's thriving finance industry, with major hubs in cities such as Houston, Dallas, and Austin, which offer a wide range of internship and job opportunities, as well as access to leading finance professionals and organizations. According to the Texas Workforce Commission, the finance sector in Texas is projected to grow by over 10% in the next five years, with an estimated 10,000 new jobs being created annually. By taking advantage of these opportunities, online finance students in Texas can gain a competitive edge in the job market, and set themselves up for long-term success in this exciting and rewarding field. With the rise of online learning, students can now access high-quality finance programs from anywhere in the state, at any time, and at a fraction of the cost of traditional on-campus programs, making it an ideal option for working professionals, stay-at-home parents, and others who may not have been able to pursue a finance degree otherwise.

What are the top skills employers look For in Finance degree graduates in Texas ?

As prospective students pursue online Finance degrees in Texas, it is essential to understand the key skills that employers in the state seek in graduates. According to the Bureau of Labor Statistics, the finance sector in Texas is projected to experience significant growth, with a 10% increase in employment opportunities from 2020 to 2030. To capitalize on these opportunities, Finance degree graduates should possess a combination of technical, business, and soft skills. Some of the top skills employers look for in Finance degree graduates in Texas include:

  • Strong analytical and problem-solving skills, with the ability to interpret and analyze financial data, identify trends, and make informed decisions, as emphasized by the University of Texas at Austin's McCombs School of Business.
  • Proficiency in financial modeling, forecasting, and planning, with expertise in tools such as Excel, Financial Modeling, and data analysis software, as highlighted by the Finance program at Texas A&M University.
  • Excellent communication and interpersonal skills, with the ability to effectively convey financial information to stakeholders, build strong relationships with clients, and work collaboratively in a team environment, as noted by the University of Houston's Bauer College of Business.
  • A solid understanding of financial regulations, laws, and ethics, with the ability to navigate complex regulatory environments and make ethical decisions, as taught in the Finance program at Southern Methodist University.
  • Familiarity with emerging technologies, such as blockchain, artificial intelligence, and machine learning, and their applications in finance, as explored in the online Finance degree program at the University of North Texas.
  • Ability to think critically and strategically, with a global perspective and understanding of the impact of economic, social, and political factors on financial markets and institutions, as emphasized by the University of Texas at Dallas's NaveenJindal School of Management.
  • Strong leadership and management skills, with the ability to motivate and guide teams, make strategic decisions, and drive business growth, as developed through the online Finance degree program at Texas Tech University.
  • Adaptability and a willingness to continuously learn and update skills, with a commitment to staying current with industry developments and advancements, as encouraged by the Finance program at Baylor University.By acquiring these skills, online Finance degree graduates in Texas can increase their competitiveness in the job market and pursue a wide range of career opportunities, from investment banking and portfolio management to financial analysis and planning, in major cities such as Houston, Dallas, and Austin.
How to prepare For the job market after completing a Online Finance degree in Texas ?

As a prospective student pursuing an online finance degree in Texas, 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 Texas is projected to grow 17% from 2020 to 2030, which is faster than the national average. To prepare for the job market, it is crucial to develop a combination of technical, business, and soft skills. Some of the key skills employers look for in finance graduates include:

  • Strong analytical and problem-solving skills, with the ability to interpret and analyze financial data, as well as develop and implement financial models, which is a skill that can be developed through coursework and projects, such as those offered in the online finance program at the University of Texas at Dallas.
  • Excellent communication and interpersonal skills, with the ability to effectively communicate financial information to both financial and non-financial stakeholders, which is a skill that can be honed through group projects and presentations, such as those required in the online finance program at Texas Tech University.
  • Proficiency in financial software and systems, including financial modeling tools, such as Excel, and financial management systems, such as SAP, which is a skill that can be developed through hands-on experience and training, such as that provided by the online finance program at the University of Houston.
  • Strong understanding of financial regulations and laws, including the Dodd-Frank Act and the Sarbanes-Oxley Act, which is a knowledge area that can be developed through coursework and professional certifications, such as the Chartered Financial Analyst (CFA) designation.
  • Ability to work in a fast-paced and dynamic environment, with the ability to adapt to changing market conditions and priorities, which is a skill that can be developed through internships and professional experience, such as that providedby the online finance program at Baylor University.

In terms of career opportunities, online finance degree graduates in Texas can pursue a variety of roles, including financial analyst, financial manager, investment banker, and portfolio manager. According to data from the Texas Workforce Commission, the median annual salary for financial managers in Texas was $153,000 in May 2020, while the median annual salary for financial analysts was $85,000. To increase their chances of success in the job market, online finance degree graduates should consider gaining practical experience through internships or volunteer work, building a professional network through attendance at industry events and conferences, and staying up-to-date with industry trends and developments through ongoing education and training. Additionally, many universities in Texas, such as the University of Texas at Austin and Southern Methodist University, offer career services and resources to help online finance degree graduates navigate the job market and achieve their career goals.

How does a Online Finance degree influence career mobility and advancement in Texas ?

Pursuing an online finance degree in Texas can significantly enhance career mobility and advancement opportunities for individuals seeking to establish a strong presence in the finance industry. According to the Bureau of Labor Statistics, employment of financial managers in Texas is projected to grow 17% from 2020 to 2030, which is faster than the national average. This growth is largely driven by the state's thriving economy, with major cities like Houston, Dallas, and Austin serving as hubs for various industries, including energy, technology, and healthcare.

Some of the key ways an online finance degree can influence career mobility and advancement in Texas include:

  • Enhancing career prospects in major financial institutions, such as banks and investment firms, where a degree from a reputable online program, like those offered by the University of Texas at Austin or Texas A&M University, can be highly valued.
  • Providing a competitive edge in the job market, as many online finance programs in Texas, such as those offered by the University of Houston or Southern Methodist University, incorporate specialized courses and certifications that cater to the state's unique industry needs.
  • Offering flexibility and accessibility, which is particularly important for working professionals seeking to advance their careers without having to relocate or take a break from their jobs, with online programs like those offered by West Texas A&M University or Lamar University providing a convenient and affordable option.
  • Fostering a strong network of professionals and alumni, which can be leveraged to secure job opportunities, internships, or mentorship, with many online finance programs in Texas having established partnerships with local businesses and organizations, such as the Texas Bankers Association or the Dallas Financial Executives International.
  • Preparing students for various certifications, such as the Chartered Financial Analyst (CFA) or Certified FinancialPlanner (CFP), which are highly regarded in the industry and can significantly boost career prospects, with many online finance programs in Texas incorporating exam preparation and professional development into their curricula.

The Texas finance job market is also characterized by a high demand for professionals with expertise in areas like energy finance, real estate finance, and investment management, making it essential for online finance degree programs to provide specialized courses and training in these areas. Furthermore, the rise of fintech and digital payments in Texas has created new opportunities for finance professionals with expertise in areas like financial technology, data analytics, and cybersecurity, highlighting the need for online finance degree programs to stay up-to-date with industry trends and developments. As a result, online finance degree programs in Texas must be designed to provide students with a comprehensive education that combines theoretical foundations with practical applications and industry-specific knowledge.

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

Ekaterina Potemkina

Ekaterina Potemkina

Finance Expert

Assistant Professor of Finance

Indiana University

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

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