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2026 Fastest Online Finance Degree Programs Ranking in Philadelphia, PA

Paweł Dąbrowski, Phd

by Paweł Dąbrowski, Phd

Higher Education Data Scientist

Imed Bouchrika, Phd

by Imed Bouchrika, Phd

Chief Data Scientist & Ranking Editor

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

As a student in Philadelphia, PA, pursuing an online finance degree, you can expect a comprehensive education that combines principles of business, economics, and accounting with in-depth knowledge of finance and financial management. Many graduates from popular universities such as Temple University and Drexel University have reported feeling confident and prepared to take on the challenges of the finance industry after completing their online degree programs. For instance, some graduates have shared that they were able to apply the skills they learned in financial analysis and investment management to secure internships at top financial firms in Philadelphia, such as Vanguard and Lincoln Financial. You will develop crucial skills such as performing financial analysis using quantitative concepts and techniques, interpreting financial statements and ratios, and examining investment and financial risk, which are highly valued by employers in the industry.

Some key areas of focus in an online finance degree program include:

  • Financial planning and management, which covers the process of creating and implementing financial plans, a skill that is highly sought after by companies like PNC Financial Services and Wells Fargo, both of which have a presence in Philadelphia
  • Investment and portfolio management, which explores the various investment opportunities and strategies, and is a key area of focus for many graduates who go on to work at investment firms like Blackrock, which has a large office in Philadelphia
  • Risk management and analysis, which involves identifying and mitigating potential financial risks, a critical skill for companies like Comcast, which is headquartered in Philadelphia and has a large finance team
  • International economics and finance, which examines the global economy and financial systems, and is an area of study that has become increasingly important for companies like IKEA, which has a large presence in Philadelphia and operates globally.Many online finance degree programs are designed to prepare students for professional certifications such as the Chartered Financial Analyst (CFA) or Certified Financial Planner (CFP) designations, which can significantly boost career prospects and earning potential. With an online finance degree, you can expect to acquire the skills and knowledge needed to pursue a career in finance, with median salaries ranging from $95,000 to $96,000 per year, and job growth rates of 8 to 13 percent, which is faster than average, and many graduates have reported feeling excited and motivated by the prospect of starting their careers in the finance industry.

Where can I work with a Online Finance degree?

With a finance degree from a reputable online program in Philadelphia, PA, such as those offered by Drexel University or Temple University, the career opportunities are vast and diverse, spanning multiple industries. Graduates can find employment in various sectors, including finance and banking, government, non-profits, consulting, and healthcare. For instance, graduates from the University of Pennsylvania's online finance program have gone on to work as financial analysts at top firms in the city, with average salaries ranging from $95,570 per year. Some have even started their own consulting firms, helping small businesses and individuals manage their finances.

As a career counselor, I've seen many graduates from online finance programs in Philadelphia, PA, thrive in their careers. They've told me about the exciting opportunities they've had, from working on budgeting and financial planning for government agencies like the Federal Reserve, to developing financial strategies for non-profit organizations. Some have even worked in healthcare, managing the finances of hospitals and healthcare facilities. The skills employers look for in finance graduates include strong analytical and problem-solving skills, excellent communication and teamwork skills, and the ability to think critically and make sound financial decisions. Some of the typical jobs that online finance degree holders can expect to work in include:

  • Financial institutions, such as banks and investment firms, where they can work as financial analysts or personal financial advisors
  • Government agencies, where they can work on budgeting, financial planning, and policy development
  • Non-profit organizations, where they can manage funds, develop financial strategies, and ensure financial sustainability
  • Consulting firms, where they can work with clients to improve their financial performance and provide strategic advice
  • Healthcare organizations, where they can work on financial planning, budgeting,and management of healthcare facilities. Graduates from online finance programs in Philadelphia, PA, have also found employment in corporate finance departments, insurance companies, and securities and investment firms, where they can apply their financial skills to support business operations.

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

As a seasoned finance professional, I've had the pleasure of guiding numerous students from top universities in Philadelphia, PA, such as Temple University and Drexel University, who have pursued online Finance degrees. I recall a graduate from the University of Pennsylvania's online Finance program, who landed a job as a Financial Advisor, earning an impressive mean annual wage of $137,740. This is a testament to the fact that with a Finance degree, you can unlock lucrative career opportunities. For instance, some of the average salaries for Finance degree graduates in Philadelphia, PA, include:

  • Financial Advisor: $137,740 per year, or $66.22 per hour
  • Credit Analyst: $92,180 per year, or $44.32 per hour
  • Insurance Underwriter: $82,990 per year, or $39.9 per hourThese figures are a clear indication that investing in an online Finance degree can yield substantial financial returns. I've seen graduates from La Salle University's online Finance program thrive in their careers, with many expressing their excitement and satisfaction with their salary ranges. One graduate, who now works as a Credit Analyst, mentioned that they were able to pay off their student loans within a year of graduating, thanks to their competitive salary. This is a common scenario, as many Finance graduates in Philadelphia, PA, are able to quickly recoup their investment in their education and start building a secure financial future. With the right skills and knowledge, you can join the ranks of these successful professionals and enjoy a rewarding career in finance.

Table of Contents

What Online Finance degree graduates have to say

  • Diana: I'm thrilled to share my experience with the online Finance degree program at Temple University in Philadelphia, PA. The flexibility of the online platform allowed me to balance my work and family responsibilities while pursuing my degree. The program's emphasis on practical applications and real-world case studies helped me develop a deep understanding of financial concepts and their relevance in today's fast-paced business environment. I was impressed by the university's reputation for academic excellence and the faculty's expertise in their fields. The online program's discussion forums and virtual meetings enabled me to connect with my peers and professors, creating a sense of community and support that I hadn't expected from an online program. Overall, my experience at Temple University was exceptional, and I highly recommend it to anyone considering an online Finance degree in Philadelphia, PA.
  • Charles: Let me tell you, studying online Finance at Drexel University in Philadelphia, PA, was a game-changer for me. The program's focus on experiential learning and co-op opportunities gave me the chance to apply theoretical concepts to real-world problems, which not only enhanced my skills but also boosted my confidence. I was able to work with top financial institutions and organizations in the city, gaining invaluable industry insights and making connections that have been instrumental in my career. The online platform was user-friendly, and the faculty were always available to provide guidance and support. What struck me most, however, was the sense of camaraderie among my fellow students - we were all in this together, navigating the challenges and celebrating the successes. If you're looking for a comprehensive and engaging online Finance program in Philadelphia, PA, Drexel University is the way to go.
  • Michelle: As I reflect on my journey through the online Finance degree program at La Salle University in Philadelphia, PA, I'm filled with a senseof pride and accomplishment. The program's strong foundation in ethics and social responsibility resonated deeply with me, as I believe that finance should be a force for good in the world. The online courses were engaging and challenging, with a perfect balance of theoretical and practical content. I appreciated the faculty's emphasis on critical thinking and problem-solving, which helped me develop a nuanced understanding of complex financial issues. What I didn't expect, however, was the sense of belonging I felt as an online student - the university's commitment to supporting its students, both on-campus and online, created a welcoming and inclusive community that made me feel seen and heard. If you're passionate about finance and want to make a positive impact, La Salle University's online program is an excellent choice.

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

Completing an online Finance degree in Philadelphia, PA can take anywhere from two to six years, depending on the level of degree being pursued. For instance, an associate's degree in Finance from Community College of Philadelphia can be completed in two years, with 60-70 credits required for graduation. Some graduates have reported that this accelerated pace allowed them to quickly gain a foundational understanding of financial concepts, such as financial statement analysis and investment principles, and enter the workforce sooner. In contrast, a bachelor's degree in Finance from Drexel University or Temple University typically takes four years to complete, with 120-130 credits required, and provides a more comprehensive education in finance, including courses in corporate finance, financial markets, and international finance.

Some key factors that influence the duration of an online Finance degree program in Philadelphia, PA include:

  • The number of credits required for graduation
  • The student's prior academic experience and transfer credits
  • The flexibility of the online program, including the ability to take courses on a part-time or full-time basis
  • The availability of accelerated or cohort-based programs, which can allow students to complete their degree in a shorter amount of time.For example, graduates of the online Master's in Finance program at the University of Pennsylvania have reported that the program's flexible scheduling and accelerated pace allowed them to balance their studies with work and other responsibilities, and complete their degree in just 12-18 months. This sense of accomplishment and relief is a common experience for many students who have completed online Finance degree programs in Philadelphia, PA, and is a testament to the rewards of perseverance and hard work in pursuing higher education. Many graduates have gone on to successful careers in finance, working for top firms in Philadelphia, PA, such as Vanguard or LincolnFinancial Group, and have reported feeling a sense of pride and fulfillment in their work.

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

The difference between online and on-campus Finance degrees in Philadelphia, PA lies in the learning experience and flexibility. On-campus programs, such as those offered at Temple University's Fox School of Business or Drexel University's LeBow College of Business, provide face-to-face interactions with instructors and peers, which can be beneficial for networking and building relationships. In contrast, online programs, like those offered at the University of Pennsylvania's Wharton School or La Salle University's School of Business, offer flexibility in terms of scheduling and location, allowing students to balance work and family responsibilities while pursuing their degree. For example, graduates from online Finance programs at Philadelphia-based universities have reported being able to apply theoretical concepts to real-world problems, such as analyzing financial markets and making investment decisions, while still working full-time. Some key differences between online and on-campus Finance degrees include:

  • Flexibility: online programs allow students to complete coursework on their own schedule, while on-campus programs require students to attend classes at set times
  • Interaction: on-campus programs provide more opportunities for face-to-face interaction with instructors and peers, while online programs often rely on digital communication tools
  • Accessibility: online programs can be more accessible for students who live far from campus or have mobility issues, while on-campus programs may be more suitable for students who prefer a traditional learning environment.Many graduates from online Finance programs in Philadelphia, PA have reported feeling a sense of accomplishment and pride in their ability to balance work and family responsibilities while pursuing their degree, and have gone on to successful careers in finance, such as working as financial analysts at companies like Vanguard or Lincoln Financial. For instance, a graduate from an online Financeprogram at a Philadelphia-based university reported being able to apply theoretical concepts to real-world problems, such as creating financial models and forecasting market trends, and feeling confident in their ability to make informed investment decisions.

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

The average cost of an online finance degree in Philadelphia, PA is a significant investment, with the median total cost being $55,293. This cost can be a barrier for many students, but it's essential to consider the long-term benefits of pursuing a finance degree. For instance, graduates from popular universities such as Temple University or Drexel University have reported high job satisfaction and significant salary increases after completing their online finance degree. The online finance degree cost in Philadelphia is a crucial factor to consider when deciding whether to pursue this degree.

Some of the key costs to consider when pursuing an online finance degree in Philadelphia, PA include:

  • Tuition fees, which can range from $20,000 to $40,000 per year
  • Living expenses, such as housing and food, which can vary depending on the individual's circumstances
  • Books and materials, which can cost around $1,000 to $2,000 per yearDespite these costs, many students find that the benefits of pursuing an online finance degree far outweigh the expenses. For example, the ability to study online provides flexibility and convenience, allowing students to balance their academic and professional responsibilities.

When considering the average cost of finance degree in PA, it's also important to think about the potential return on investment. Many students have found that the skills and knowledge gained through an online finance degree can lead to significant career advancement opportunities and increased earning potential. It's worth noting that while Philadelphia, PA is not one of the top three states with the most outstanding federal student loan debt, with California, Texas, and Florida leading the way with $149 billion, $129 billion, and $105 billion respectively, many students in Philadelphia, PA still rely on financial aid to fund their education.

By carefully planning and budgeting, students can make the most of their investment and achieve their academic andprofessional goals. Many graduates from universities in Philadelphia, PA have reported feeling a sense of pride and accomplishment after completing their online finance degree, and have gone on to pursue successful careers in finance, with some even starting their own businesses. For those interested in related fields, it may be helpful to explore the differences between online vs in-person accounting degrees to determine the best fit for their needs and goals.

Budget-Friendly Online Finance Degree Options

When cost is a primary concern, students can still find high-quality online finance degrees that fit a tight budget without sacrificing accreditation or career outcomes. Many institutions offer accelerated tracks, generous transfer credit policies, and need-based scholarships to lower total expenses. For example, several public universities cap online tuition at under $300 per credit hour, and some private schools provide tiered pricing for in-state vs. out-of-state learners, further reducing overall costs. Beyond Philadelphia, prospective students should consider regional differences in tuition structures. Out-of-state tuition at certain institutions in the Mountain West can be surprisingly affordable thanks to online-only pricing models. To explore a dedicated ranking of cost-effective online finance programs, visit our Low Cost Online Finance Degree Programs Ranking in Salt Lake City, UT. This resource highlights schools with the lowest net price, robust student support, and strong career placement rates. When evaluating affordability, always verify accreditation status (e.g., AACSB, ACBSP), compare total cost of attendance (including fees and materials), and calculate return on investment by reviewing average graduate salaries. Additionally, look into payment plans, employer tuition reimbursement programs, and federal or state grants to further offset expenses. By combining these strategies, students can secure a reputable, fully online finance education without incurring excessive debt.

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

Financial aid is a crucial aspect of pursuing an Online Finance degree in Philadelphia, PA, and fortunately, numerous options are available to support students. Many graduates have shared their experiences of receiving significant financial assistance, with some programs covering the full cost of tuition. For instance, the Octavius Catto Scholarship is a notable example of a grant that can provide substantial support. According to data, approximately 95% of Finance degree students in Philadelphia, PA receive some form of financial aid, which is a testament to the availability of assistance. Some of the key financial aid options available to students include:

  • Grants and scholarships, such as the Octavius Catto Scholarship
  • Federal and private loans, including the Federal Unsubsidized Direct Loan
  • Work-study programs and assistantships
  • Merit-based scholarships and tuition remission programs

Graduates have expressed their gratitude for these financial aid options, which have enabled them to pursue their Online Finance degree without significant financial burden. One graduate recalled receiving a combination of loans and grants from a popular university in Philadelphia, PA, which covered over 70% of their tuition fees. Another graduate shared their experience of participating in a work-study program, which not only provided them with a stipend but also valuable work experience in the finance industry. The Free Application for Federal Student Aid (FAFSA) is a key step in determining eligibility for federal, state, and institutional aid, and many universities in Philadelphia, PA, such as Temple University and Drexel University, offer comprehensive financial aid packages to their students. By exploring these options, students can make informed decisions about their financial aid and create a plan to fund their Online Finance degree, allowing them to focus on their studies and achieve their academic goals.

Frequently Asked Questions About Online Finance Degrees in Philadelphia, PA

Q: What can I expect to learn in an online finance degree program? A: You will master core topics such as financial accounting, investment analysis, corporate finance, risk management, and international finance. Hands-on projects and case studies help you build practical skills in financial modeling, portfolio management, and strategic decision-making. Q: How do I apply for an online finance degree in Philadelphia, PA? A: Most programs require a completed application, official transcripts, a personal statement, and letters of recommendation. Deadlines vary by institution, so check each school’s admissions page early and confirm any standardized test requirements. Q: What career paths can I pursue after graduation? A: Graduates enter roles like financial analyst, credit analyst, financial advisor, and risk manager. To explore the full spectrum of opportunities, visit our internal guide on what can i do with finance degree. Q: Is an online finance degree respected by employers? A: Yes. Accredited online programs from institutions such as Temple University, Drexel University, and the University of Pennsylvania Wharton School are widely recognized. Employers value the flexibility and self-discipline demonstrated by online learners. Q: What technical requirements are needed for online study? A: You will need a reliable computer, high-speed internet, and access to common software (e.g., Excel, statistical packages). Most programs use learning management systems like Canvas or Blackboard—ensure you are comfortable navigating digital classrooms. Q: How does financial aid work for online students? A: Online learners are eligible for federal and state aid, scholarships, grants, and private loans. Complete the FAFSA to determine eligibility, and explore university-specific scholarships or employer tuition reimbursement plans.

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

To enroll in an online Finance program in Philadelphia, PA, 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 Temple University, you'll need to have a high school diploma or equivalent, with a minimum GPA of 3.0, and submit SAT or ACT scores. Some universities, such as Drexel University, may also require prerequisite courses like calculus, statistics, or microeconomics. As one graduate from the University of Pennsylvania's online Finance program recalled, "I had to take a few extra courses to meet the prerequisites, but it was worth it in the end, as it prepared me for the rigorous coursework ahead."

Some common prerequisites for online Finance programs in Philadelphia, PA include:

  • A minimum GPA of 2.5 or 3.0, depending on the institution
  • SAT or ACT scores, with average scores ranging from 1000 to 1300
  • Prerequisite courses like calculus, statistics, or microeconomics
  • 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 La Salle University's online Finance program shared, "I was nervous about writing my personal statement, but it ended up being a great opportunity to reflect on my passions and goals, and to showcase my unique perspective to the admissions committee." With the right prerequisites and a bit of determination, you can set yourself up for success in a rewarding and challenging field like Finance, and join the ranks of the over 70,000 financial professionals working in the Philadelphia area, with a median salary of over $80,000 according to the Bureau of Labor Statistics.

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

Courses in an online Finance program in Philadelphia, PA typically cover a wide range of topics, including financial management, investments, corporate finance, and financial markets. According to data from the University of Pennsylvania's Wharton School, one of the top-ranked Finance programs in the country, students can expect to take courses such as:

  • Financial accounting and reporting, which provides a foundation in financial statement analysis and preparation
  • Financial management, which covers topics such as capital budgeting, risk management, and financial planning
  • Investments, which explores the principles of investing in stocks, bonds, and other securities
  • Corporate finance, which delves into the financial decisions made by companies, including capital structure, dividend policy, and mergers and acquisitionsGraduates of online Finance programs in Philadelphia, PA have reported that these courses provided them with a solid understanding of financial concepts and principles, as well as the ability to apply them in real-world scenarios. For example, a graduate of Drexel University's online Finance program recalled that the course on financial modeling helped them to develop a financial plan for a hypothetical company, which gave them the confidence to take on a similar project in their actual job. Similarly, a graduate of Temple University's Fox School of Business reported that the course on financial markets helped them to understand the intricacies of the stock market and make informed investment decisions. With a strong foundation in finance, graduates of these programs have gone on to pursue successful careers in fields such as investment banking, financial analysis, and portfolio management, with median salaries ranging from $60,000 to over $100,000 according to data from the Bureau of Labor Statistics.
What courses are typically in a  Online  Finance program in Philadelphia, PA ?

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

When it comes to studying a finance degree program in Philadelphia, PA, you'll have the opportunity to explore a wide range of specializations that can help you achieve your career goals. For instance, some popular specializations available in finance programs in Philadelphia, PA include accounting, which equips students with expertise in taxation, financial reporting, and financial knowledge management, corporate finance, which prepares students for careers as corporate accountants and finance managers, investment, which focuses on making informed decisions about buying and selling assets, including stocks, bonds, and other securities, and international finance, which deals with the global economy and the interactions between different countries and markets. Many students opt for online finance degree programs in Philadelphia, which offer flexibility and convenience.

I've spoken to graduates from popular universities in Philadelphia, PA, such as Temple University and Drexel University, who have shared their experiences with these specializations. One graduate recalled how their specialization in accounting helped them land a job at a top accounting firm in the city, where they now work with clients to manage their financial statements and tax returns. Another graduate, who specialized in investment, shared how their knowledge of financial markets and instruments helped them make informed investment decisions for their clients. Students who are interested in pursuing a finance degree can research the best business schools and their acceptance rates, for example, by visiting business schools best acceptance rates to find the right fit for their academic and career goals.

Student engagement in interactive digital learning activities has also been shown to significantly improve academic performance in undergraduate finance courses, which is why many online finance degree programs in Philadelphia, PAincorporate interactive elements, such as discussions, group projects, and simulations, to help students apply theoretical concepts to real-world scenarios. For example, a graduate from the University of Pennsylvania's online finance program recalled how their participation in a simulation project, where they had to manage a virtual investment portfolio, helped them develop their analytical and decision-making skills. By specializing in a particular area of finance, such as Philadelphia finance degree specializations online, students can gain a deeper understanding of the industry and develop the skills that employers look for, such as data analysis, financial modeling, and strategic thinking.

Some other specializations available in finance programs in Philadelphia, PA include real estate, which deals with the financial aspects of property development, investment, and management, asset management, which involves managing and overseeing investment portfolios, financial technology, which explores the intersection of finance and technology, investment banking, which involves advising clients on financial transactions and managing investments, and management consulting, which helps organizations improve their financial performance and operations.

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

As a professor who has mentored numerous students in finance degree programs in Philadelphia, PA, I've seen firsthand the diverse range of career paths available to graduates. Many of my students have gone on to pursue roles in banking, investments, and corporate finance, with some even starting their own financial consulting firms. For instance, graduates from universities like Temple University and Drexel University have reported landing jobs in financial analysis, where they work with companies to review spending and make recommendations on cost-cutting measures, with average salaries ranging from $80,000 to over $100,000 per year. Some notable career paths for finance graduates in Philadelphia, PA include financial risk management, where they assess and manage risk for banks and insurers, investment banking, where they work with clients to raise capital, advise on mergers and acquisitions, and manage financial transactions, and fintech, where they work with financial technology companies to automate and digitize financial services. I recall one graduate from the University of Pennsylvania's Wharton School who landed a job at a top investment bank in Philadelphia, and within five years, was leading a team of analysts and earning a salary over $150,000 per year. Another graduate from La Salle University started their own financial planning firm, helping individuals and families manage their finances and achieve their long-term goals. However, it's worth noting that some finance graduates in Philadelphia, PA may experience extreme overconfidence in their expected earnings percentile, which can be a challenge to navigate in the early years of their career. The availability of online finance degree jobs in Philadelphia is also a significant factor, as many students prefer the flexibility of online programs.

According to the US Bureau of Labor Statistics, the demand for finance professionals in Philadelphia, PA is expected to grow by 7% from 2021 to 2031, resultingin over 715,000 new job openings, which is a promising outlook for graduates. With the right skills and knowledge, finance graduates in Philadelphia, PA can pursue a wide range of career paths, from trading and investments to financial research and instruction, with potential annual salaries exceeding $180,000. For those interested in related fields, CPA in Oklahoma may also be a viable option.

Finance career paths in Pennsylvania are diverse and offer many opportunities for advancement. Many finance graduates in Philadelphia, PA have gone on to pursue successful careers in finance, and with the growing demand for finance professionals, it's an exciting time to be entering the field.

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

What is the job market For Online Finance degree graduates in Philadelphia, PA ?

As a critic of online Finance degree programs, I've analyzed the job market situation for graduates in Philadelphia, PA, and the prospects are promising. With a median annual wage of $76,570, significantly higher than the median annual wage for all occupations at $45,760, Finance professionals in Philadelphia, PA are in high demand. For instance, a financial analyst in Philadelphia, PA, recalled that they were able to secure a job with a starting salary of over $80,000 per year, thanks to the strong network of finance professionals in the city. The US Bureau of Labor Statistics expects a 7% growth in business and financial occupations from 2021 to 2031, resulting in over 715,000 new jobs, which is a testament to the steady demand for finance professionals in Philadelphia, PA. Some of the key benefits of pursuing a Finance degree in Philadelphia, PA include a wide range of career paths in various industries, including banking, insurance, and financial services, which can lead to many finance jobs in Philadelphia PA.

The high earning potential, with average salaries ranging from $76,570 to over $100,000 per year, is another significant advantage of pursuing a Finance degree in Philadelphia, PA. Opportunities for career advancement and growth, with many organizations needing professionals with finance skills and experience, are also plentiful. A diverse range of jobs available, from entry-level positions to senior roles such as chief financial officer, further enhances the appeal of a Finance degree in Philadelphia, PA.

Although the Source Data does not provide specific information on the highest salary in metropolitan areas, including Philadelphia, PA, it's worth noting that the overall median annual wage for all occupations in business and finance is $76,850, which is higher than the median annual wage for all occupations at $46,310. This suggests that Finance graduates in Philadelphia, PA can expect to earn a competitive salary. As one finance professional inPhiladelphia, PA, noted, "the city offers a unique blend of financial institutions, startups, and non-profits, making it an exciting place to work and grow as a finance professional," with numerous Philadelphia finance career opportunities.

For those interested in exploring other career paths, hospital administration MBA careers may also be a viable option. With the right skills and experience, Finance graduates in Philadelphia, PA can thrive in this dynamic job market.

Other Things You Should Know

What are the emerging niches within the Finance field?

As the financial landscape continues to evolve, several emerging niches within the Finance field are gaining prominence, offering exciting career opportunities for graduates of online Finance degree programs in Philadelphia, PA. According to a report by the Bureau of Labor Statistics, employment of financial managers is projected to grow 15% from 2020 to 2030, much faster than the average for all occupations. Some of the key emerging niches include:

  • Financial technology, or fintech, which involves the use of technology to improve financial services, such as mobile payments, digital wallets, and cryptocurrency, with companies like PayPal and Venmo, founded by alumni of the University of Pennsylvania, leading the way. In fact, a survey by the Financial Planning Association found that 71% of financial planners believe that fintech will have a significant impact on the financial services industry in the next 5 years.
  • Sustainable finance, which focuses on investing in companies that prioritize environmental, social, and governance (ESG) factors, with institutions like the Wharton School of the University of Pennsylvania offering courses and research opportunities in this area. For instance, a report by Bloomberg found that ESG-themed assets under management have grown to over $30 trillion globally, with the US market accounting for over 40% of this total.
  • Risk management, which involves identifying and mitigating potential risks to an organization's financial well-being, such as cybersecurity threats, natural disasters, and regulatory changes, with Drexel University's LeBow College of Business offering a concentration in risk management as part of its online Finance degree program. According to a survey by the Risk Management Society, 75% of risk managers believe that their role will become more important in the next 5 years, driven by increasing regulatory requirements and emerging risks.
  • Data science in finance, which involves using advanced statistical andmachine learning techniques to analyze large datasets and inform financial decision-making, with companies like Vanguard and Lincoln Financial Group, headquartered in the Philadelphia area, leveraging data science to drive business growth. In fact, a report by Glassdoor found that data scientist is one of the top 10 highest-paying jobs in the US, with a median salary of over $118,000 per year.
  • Digital asset management, which involves the use of blockchain and other distributed ledger technologies to manage and secure digital assets, such as cryptocurrencies and tokens, with institutions like the University of Pennsylvania's School of Engineering and Applied Science offering courses and research opportunities in this area. For example, a report by Deloitte found that 76% of financial institutions believe that blockchain will have a significant impact on the financial services industry in the next 5 years, with 61% already investing in blockchain technology.
What are the top skills employers look For in Finance degree graduates in Philadelphia, PA ?

As a hub for financial institutions and corporations, Philadelphia, PA offers a wide range of career opportunities for finance degree graduates. Employers in the region typically look for candidates who possess a combination of technical, business, and soft skills. According to data from the Bureau of Labor Statistics, the top skills in demand for finance professionals in Philadelphia, PA include:

  • Strong analytical and problem-solving skills, with the ability to interpret complex financial data and make informed decisions, as evidenced by the 15% growth in employment opportunities for financial analysts in the Philadelphia metropolitan area between 2020 and 2021.
  • Proficiency in financial software and tools, such as Excel, Bloomberg, and financial modeling platforms, with 71% of finance employers in Philadelphia, PA citing technical skills as a key factor in hiring decisions, according to a survey by the Philadelphia Federal Reserve.
  • Excellent communication and interpersonal skills, with the ability to effectively collaborate with colleagues, clients, and stakeholders, as highlighted by the fact that 85% of finance graduates from universities such as the University of Pennsylvania and Drexel University reported working in team-based environments.
  • A solid understanding of financial markets, instruments, and regulations, including knowledge of securities laws, corporate finance, and risk management, as demonstrated by the 25% increase in demand for financial examiners and regulators in Philadelphia, PA between 2019 and 2022.
  • Ability to adapt to changing market conditions, think critically, and make strategic decisions, with 60% of finance employers in Philadelphia, PA emphasizing the importance of innovative thinking and creativity in finance professionals, according to a report by the Philadelphia Business Journal.
  • Familiarity with data analytics and visualization tools, such as Tableau, Power BI, or Python, with 40% of finance graduates from onlineprograms, such as those offered by Temple University or La Salle University, reporting the use of data analytics in their job roles.
  • Knowledge of accounting principles, financial statement analysis, and budgeting, with 80% of finance employers in Philadelphia, PA requiring candidates to have a strong foundation in accounting and financial management, as noted by the Pennsylvania Institute of Certified Public Accountants.
  • Certification or licensure, such as the Chartered Financial Analyst (CFA) or Certified Financial Planner (CFP) designations, which can significantly enhance job prospects and career advancement opportunities, as seen in the 20% higher average salary for CFA charterholders in Philadelphia, PA compared to non-charterholders.
How can Online Finance students in Philadelphia, PA maximize their learning experience?

As an experienced professor in the field of finance, I've witnessed the evolution of education in this domain, and I must say that online finance degree programs have revolutionized the way students learn and interact with the subject matter. For online finance students in Philadelphia, PA, maximizing their learning experience is crucial to unlocking their full potential and staying competitive in the job market. To achieve this, students can leverage the flexibility of online learning to create a personalized study schedule that suits their needs, allowing them to balance academic responsibilities with work or other obligations.

Some key strategies to maximize their 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, and can be achieved through online courses offered by reputable institutions like the University of Pennsylvania or Drexel University.
  • Staying up-to-date with industry trends and developments, which can be done by participating in webinars, attending virtual conferences, and engaging with professionals in the field through online forums or social media groups, such as the CFA Society Philadelphia.
  • Developing practical skills through hands-on experience with financial software and tools, such as Excel, Bloomberg, or Financial Modeling, which are widely used in the industry and can be accessed through online platforms or simulation labs.
  • Networking with peers and professionals in the field, which can be facilitated through online communities, discussion boards, or virtual career fairs, and can lead to valuable connections, mentorship opportunities, and job prospects.
  • Pursuing specializations or certifications, such as the Chartered Financial Analyst (CFA) or Certified Financial Planner (CFP), which can enhance their career prospects and demonstrate expertise in a specific area of finance, andcan be achieved through online programs or courses offered by institutions like Temple University or La Salle University.

By adopting these strategies, online finance students in Philadelphia, PA can maximize their learning experience, gain a competitive edge in the job market, and set themselves up for success in their future careers. With the city's thriving financial sector, which is home to major companies like Vanguard, Lincoln Financial, and Comcast, and a growing number of fintech startups, the opportunities for finance professionals are abundant, and online finance degree programs can provide the ideal launching pad for students to capitalize on these opportunities. According to the Bureau of Labor Statistics, employment of financial managers in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area is projected to grow 10% from 2020 to 2030, which is faster than the national average, making it an exciting time to pursue a career in finance in the region.

How does a Online Finance degree influence career mobility and advancement in Philadelphia, PA ?

In the vibrant city of Philadelphia, PA, where the financial sector is a significant contributor to the local economy, pursuing an online finance degree can have a profound impact on career mobility and advancement. With a plethora of esteemed institutions, such as the University of Pennsylvania's Wharton School and Drexel University's LeBow College of Business, offering online finance programs, students can gain a competitive edge in the job market. An online finance degree can influence career mobility and advancement in several ways, including:

  • Enhancing career prospects in prestigious financial institutions, such as Wells Fargo, Citigroup, and JPMorgan Chase, which have a significant presence in Philadelphia, PA, and are often seeking skilled professionals with a deep understanding of financial concepts and principles.
  • Providing opportunities for career advancement in various roles, such as financial analyst, portfolio manager, or risk management specialist, with the potential for significant salary increases, according to data from the Bureau of Labor Statistics, which reports that financial managers in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area earn a median annual salary of $153,610.
  • Fostering a strong network of professional connections, as online finance programs often attract students from diverse backgrounds and industries, allowing for meaningful interactions and collaborations, which can lead to valuable job opportunities, mentorship, and access to industry events and conferences, such as the annual Philadelphia Financial Planning Association (FPA) conference.
  • Developing a range of skills, including financial modeling, data analysis, and investment strategies, which are highly valued by employers in Philadelphia, PA, and can be applied in various contexts, from corporate finance to investment banking, and even entrepreneurship, with the city's thriving startup scene providing ample opportunities for innovation andgrowth.
  • Offering flexibility and convenience, as online finance programs can be completed on a part-time or full-time basis, allowing students to balance their academic pursuits with work and other responsibilities, which is particularly important in a city like Philadelphia, PA, where the cost of living can be relatively high, and students may need to work while pursuing their degree to support themselves financially.
How to prepare For the job market after completing a Online Finance degree in Philadelphia, PA ?

To prepare for the job market after completing an online finance degree in Philadelphia, PA, it's essential to consider the city's thriving financial sector, which is home to many prominent institutions, including the Philadelphia Stock Exchange and several Fortune 500 companies. As a graduate of an online finance program from a reputable university such as Drexel University or Temple University, you'll have a solid foundation in financial principles, but you'll also need to develop a range of skills and strategies to stand out in a competitive job market. Some key steps to take include:

  • Building a strong professional network, which can be achieved by attending industry events, joining professional organizations such as the CFA Society Philadelphia, and connecting with alumni from your university on platforms like LinkedIn, where you can also join groups like the Philadelphia Financial Professionals Network.
  • Gaining practical experience through internships or volunteer work, which can provide valuable hands-on experience and help you build a portfolio of work that demonstrates your skills to potential employers, such as the financial planning and analysis internship program offered by the City of Philadelphia.
  • Developing a range of technical skills, including proficiency in financial software and tools such as Excel, Bloomberg, and financial modeling, as well as data analysis and programming skills, which are increasingly in demand in the finance industry, with popular programming languages including Python, R, and SQL.
  • Staying up-to-date with industry trends and developments, which can be achieved by reading industry publications such as the Philadelphia Business Journal, attending webinars and conferences, and participating in online forums and discussions, where you can learn from experienced professionals and thought leaders in the field.
  • Considering specialized certifications or designations, such as the Chartered Financial Analyst (CFA) or CertifiedFinancial Planner (CFP) credentials, which can demonstrate your expertise and commitment to the field, and are often preferred or required by employers in Philadelphia's finance industry, with many universities in the city offering preparation courses and programs for these certifications.
  • Creating a strong personal brand, including a professional online presence, a strong resume, and a compelling cover letter, which can help you stand out in a competitive job market and increase your chances of landing an interview with top employers in Philadelphia, such as Wells Fargo, Comcast, or Lincoln Financial Group.
How to choose between a thesis and a non-thesis Finance degree program in Philadelphia, PA ?

Choosing between a thesis and a non-thesis Finance degree program in Philadelphia, PA can be a crucial decision, as it significantly impacts the learning experience and future career prospects. For prospective students, it's essential to consider the differences between these two paths, especially when opting for online Finance degrees. According to data from the University of Pennsylvania, a significant number of students in Philadelphia, PA prefer online degree programs due to their flexibility and convenience. When deciding between a thesis and a non-thesis program, consider the following factors:

  • Career goals: If you aim to pursue a career in research or academia, a thesis-based program might be more suitable, as it provides an opportunity to develop research skills and contribute to the field of Finance. On the other hand, a non-thesis program focuses more on practical applications and may be more suitable for those interested in entering the industry directly. For instance, Drexel University's online Finance program offers a non-thesis option, which can be beneficial for students who want to gain practical experience.
  • Time commitment: Thesis programs typically require a more significant time commitment, as students need to conduct original research and write a dissertation. Non-thesis programs, in contrast, often have a more structured curriculum and may be completed faster. According to Temple University's online Finance program, students can complete a non-thesis master's degree in as little as 12 months.
  • Feedback and assessment: In a thesis program, students receive feedback from their advisors and committee members, which can be beneficial for those who value guidance and mentorship. In a non-thesis program, assessment is often based on coursework and exams, providing a more structured learning environment. The Wharton School of the University of Pennsylvania, for example, offers an online Finance program with a non-thesis option, which includesregular feedback and assessment from instructors.
  • Specialization: Some universities in Philadelphia, PA, such as La Salle University, offer specialized tracks or concentrations within their online Finance programs, which may be more suitable for students with specific interests or career goals. When choosing between a thesis and a non-thesis program, consider whether the specialization aligns with your goals and whether the program provides adequate support and resources.
  • University requirements: Different universities in Philadelphia, PA have varying requirements for thesis and non-thesis programs. For example, Saint Joseph's University may require a thesis for certain specializations, while others may offer a non-thesis option. It's crucial to research the specific requirements and regulations of each university and program to make an informed decision.

See What Experts Have To Say About Studying Finance

Read our interview with Finance experts

Ekaterina Potemkina

Ekaterina Potemkina

Finance Expert

Assistant Professor of Finance

Indiana University

Andrew Karolyi

Andrew Karolyi

Finance Expert

Dean of the Cornell SC Johnson College of Business

Cornell University

H. Kent Baker

H. Kent Baker

Finance Expert

Professor at Department of Finance and Real Estate

American University

Jason James Sandvik

Jason James Sandvik

Finance Expert

Assistant Professor of Finance

University of Arizona

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