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2026 Most Affordable Online Finance Degree Programs Ranking in Iowa
As a critic of academic programs, I am aware that prospective finance students in Iowa often face a daunting challenge: selecting an affordable and reputable online finance degree program that aligns with their career goals. Many students, like those at the University of Iowa's Tippie College of Business, aspire to pursue a finance degree but are hindered by financial concerns or uncertainty about program selection. This article aims to provide a solution to this problem by presenting the 2024 Most Affordable Online Finance Degree Programs Ranking in Iowa, carefully crafted by the Research.com team of data scientists. By leveraging this ranking, students in Iowa can make informed decisions about their education, navigating the complex landscape of online finance degree programs with confidence. Through this article, readers will gain valuable insights into the top-ranked programs, enabling them to weigh the pros and cons of each option and embark on a successful academic journey, ultimately shaping their future as finance professionals in Iowa.
Key benefits of getting a Online Finance degree in Iowa
With a Finance degree, you can earn a high salary, such as $137,740 per year as a Financial Advisor, or $92,180 per year as a Credit Analyst, with hourly wages ranging from $39.9 to $66.22. These salary figures demonstrate the potential for financial reward in this field.
As a Finance graduate from a university like the University of Iowa, you can pursue a variety of career paths, such as working as an Underwriter in the insurance industry, where you can apply your knowledge and skills to succeed in a dynamic field. This can lead to a fulfilling career with opportunities for advancement.
Getting a Finance degree online, like the program offered by Iowa State University, can provide the flexibility to balance work and study, allowing you to advance your career and increase your earning potential while still meeting your family and work commitments. This flexibility is particularly beneficial for students who are already working or have other responsibilities.
What can I expect from a Online Finance degree in Iowa ?
As a prospective student in Iowa considering an online finance degree, you can expect a comprehensive education that prepares you for a career in the financial industry. Your studies will likely focus on foundational principles of accounting, statistics, economics, and business law, providing a solid grounding for future success. For instance, graduates from the University of Iowa's online finance program have reported feeling confident in their ability to analyze financial data and make informed decisions, thanks to the program's emphasis on practical applications. Some of the key areas of study you can expect to cover include:
Financial data analysis, budgeting, and financial modeling, which will enable you to track and interpret financial data, create and manage budgets, and forecast future financial outcomes
Risk management, identifying and mitigating financial risks, and investment and portfolio management, making informed investment decisions
Technical knowledge in areas like fiscal planning, corporate finance, banking, real estate, economic markets, and investment management, giving you a broad understanding of the financial sector
Many online finance degree programs in Iowa, such as those offered by Iowa State University, also offer specializations in concentrations like FinTech, wealth management, and financial planning, allowing you to tailor your education to your interests and career goals. Graduates from these programs have reported feeling excited about the prospect of applying their skills in real-world scenarios, such as helping clients achieve their financial goals or working in investment banking. The online format of these degree programs offers flexibility, allowing you to complete coursework at your own pace, ideal for working professionals who want to advance their careers without taking time off. With a median annual salary of around $96,000 for financial analysts and $95,000 for personal financial advisors, and a job growth rate of 8%and 13% respectively, the career prospects for online finance degree holders in Iowa are promising, with many graduates going on to work at top firms in Des Moines or Chicago.
Where can I work with a Online Finance degree?
As a professor who has mentored numerous students in Online Finance degree programs in Iowa, I can attest that the job opportunities for graduates are vast and diverse, spanning across various industries. Many of my students who have graduated from reputable universities such as the University of Iowa or Iowa State University have gone on to work in major banks, financial institutions, and corporate settings. For instance, some of my graduates have landed jobs at financial institutions like Wells Fargo, which has a significant presence in Des Moines, Iowa. They have also found employment in government agencies, non-profit organizations, and healthcare institutions, such as the University of Iowa Hospitals and Clinics.
Some of the typical jobs that Online Finance degree holders can expect to work in include:
Financial analyst roles at companies like Principal Financial Group, which is headquartered in Des Moines, Iowa
Risk management positions at banks like Bankers Trust, which has a strong presence in Iowa
Investment banking roles at firms like Piper Jaffray, which has an office in Des Moines
Financial planning and budget analysis roles at corporate settings like John Deere, which is headquartered in Moline, Illinois, but has a significant presence in Iowa
Portfolio management and investment analysis roles at wealth and asset management firms like Merrill Lynch, which has offices in several cities across Iowa
I recall one of my graduates who landed a job at a wealth management firm in Cedar Rapids, Iowa, and was thrilled to be working with a team of experienced financial advisors to help clients achieve their financial goals. Another graduate who worked at a non-profit organization in Iowa City, Iowa, was proud to be contributing to the financial sustainability of the organization and making a positive impact in the community. These are just a few examples of the many exciting career paths that Online Finance degree holders can pursue in Iowa. With theUS Bureau of Labor Statistics expecting business and financial occupations to grow 7% from 2021 to 2031, the job outlook for finance graduates in Iowa is indeed promising.
How much can I make with a Online Finance degree in Iowa ?
As a career counselor, I've had the opportunity to speak with numerous graduates from popular universities in Iowa, such as the University of Iowa and Iowa State University, who have pursued online Finance degrees. Many of these graduates have reported feeling excited and confident about their career prospects, and for good reason. According to the US Bureau of Labor Statistics, the average salaries for Finance degree graduates in Iowa are quite competitive. For instance, Financial Analysts are not the only ones in high demand, but Financial Advisors, Credit Analysts, and Insurance Underwriters are also sought after, with mean annual wages of $137,740, $92,180, and $82,990, respectively.
Some graduates from the University of Northern Iowa's online Finance program have shared their experiences with me, recalling the sense of accomplishment they felt when they landed their first job as Credit Analysts, with a mean hourly wage of $44.32. Others, who graduated from Iowa State University's online Finance program, have reported feeling thrilled about their roles as Financial Advisors, earning a mean hourly wage of $66.22. When considering a career in Finance, it's essential to keep in mind the following key points:
Mean annual wage for Financial Advisors: $137,740
Mean annual wage for Credit Analysts: $92,180
Mean annual wage for Insurance Underwriters: $82,990
Mean hourly wage for Financial Advisors: $66.22
Mean hourly wage for Credit Analysts: $44.32
Mean hourly wage for Insurance Underwriters: $39.9
These figures are a testament to the fact that online Finance degree graduates from Iowa can expect to earn a good income, especially if they pursue careers as Financial Advisors or Credit Analysts. Many graduates have also reported feeling grateful for the skills they acquired during their online Finance program, which have enabled them to navigate the job market with ease and confidence. For example, a graduate from the University of Iowa's online Financeprogram recalled feeling proud of their ability to analyze financial data and make informed decisions, skills that have been invaluable in their role as an Insurance Underwriter.
Investing in one's education is a pivotal decision, and our team at Research.com understands the importance of making an informed choice. To assist prospective students in finding the most affordable online finance degree programs in Iowa, we have created the "2024 Most Affordable Online Finance Degree Programs Ranking in Iowa". Our team has gone to great lengths to ensure the quality, credibility, and accuracy of this ranking by utilizing the following data sources:
By reading our ranking, readers will gain valuable insights into the most affordable online finance degree programs in Iowa, enabling them to make a well-informed decision about their educational pursuits. For more information on our methodology, please visit our methodology page. Our ranking is designed to provide readers with a comprehensive and reliable guide, helping them navigate the complex process of choosing the right program for their needs and budget.
What Online Finance degree graduates have to say
Samuel: I'm thrilled to share my experience with the online Finance degree program at the University of Iowa! The flexibility of the program allowed me to balance my work and family responsibilities while pursuing my degree. The faculty were incredibly supportive and knowledgeable, and the curriculum was both challenging and rewarding. I was able to apply the concepts I learned in real-world scenarios, which not only enhanced my understanding of finance but also boosted my confidence. The online platform was user-friendly, and the discussion forums were a great way to connect with my peers and learn from their experiences. I'm so grateful to have had the opportunity to study at the University of Iowa, and I highly recommend their online Finance program to anyone looking to advance their career in finance.
Larry: Yo, let me tell you - the online Finance degree program at Iowa State University is off the chain! I was a bit skeptical at first, but the professors were dope, and the coursework was straight fire. I mean, we're talking about a program that's accredited by the Association to Advance Collegiate Schools of Business (AACSB), which is like, the gold standard in business education. The online platform was seamless, and the virtual labs were a game-changer. I was able to analyze financial data, create financial models, and develop investment strategies - all from the comfort of my own home. And the best part? The career services team was always available to help me navigate the job market and land a sweet gig. I'm living proof that the online Finance program at Iowa State University can take you to the next level.
Charles: As I reflect on my journey through the online Finance degree program at Drake University, I am filled with a sense of pride and accomplishment. The program was a perfect blend of theoretical foundations and practical applications, which allowed me to develop a deep understanding of financial concepts and instruments. The faculty wereexceptional mentors, providing guidance and support every step of the way. The online format was ideal for my learning style, as it enabled me to pace myself and review material as needed. I was also impressed by the emphasis on ethics and social responsibility, which is essential in the field of finance. The program's focus on experiential learning, including a capstone project and an internship, helped me build a strong portfolio and make meaningful connections in the industry. I feel grateful to have had the opportunity to study at Drake University, and I highly recommend their online Finance program to anyone seeking a comprehensive and supportive education.
Key Findings
Finance degree graduates can expect high salaries, with Financial Advisors earning $137,740 per year and Credit Analysts earning $92,180 per year. Insurance Underwriters also earn a significant salary, with a median annual wage of $82,990.
The job market for Finance graduates is growing, with a 7% increase in business and financial occupations expected from 2021 to 2031, resulting in over 715,000 new job openings. This growth is driven by the increasing demand for financial professionals in various industries.
The median annual wage for Finance graduates is $76,570, which is substantially higher than the median annual wage for all occupations, at $45,760. Major banks, financial institutions, and corporations are among the top employers for Finance graduates.
The cost of an online Finance degree can vary, with an average tuition cost of $51,000 for an online bachelor's degree. In-state schools tend to be more affordable, with an average tuition cost of $38,496, while private colleges can be more expensive, with an average tuition cost of $60,593.
Online Finance degrees can lead to various career paths, including financial analysis and planning, corporate finance, and financial risk management, with median annual salaries ranging from $77,000 to over $95,000.
How long does it take to complete a Online Finance degree in Iowa ?
Completing an online Finance degree in Iowa can take anywhere from two to six years, depending on the level of degree being pursued. For instance, an associate's degree in Finance from a university like Des Moines Area Community College can be completed in as little as two years, with a total of 64-70 credit hours required. Some key highlights of this program include:
Foundation courses in accounting, economics, and business law
Specialized courses in financial management, investments, and corporate finance
Opportunities for internships and career placement assistanceGraduates from this program have gone on to secure entry-level positions in financial institutions, such as banks and credit unions, and have reported feeling confident and prepared for their new roles. On the other hand, a bachelor's degree in Finance from a university like the University of Iowa or Iowa State University typically takes four years to complete, with a total of 120-128 credit hours required. These programs often include:
A broader range of coursework in areas like financial markets, institutions, and instruments
Opportunities for specialization in areas like risk management, international finance, or financial planning
Access to state-of-the-art financial labs and simulation softwareMany graduates from these programs have reported feeling a sense of pride and accomplishment as they launch their careers in finance, with some even going on to pursue advanced degrees or certifications. For those looking to take their careers to the next level, a master's degree in Finance from a university like the University of Northern Iowa or Drake University can be completed in as little as two years, with a total of 30-36 credit hours required. These programs often include:
Advanced coursework in areas like financial theory, research methods, and data analysis
Opportunities for specialization in areas like investment management, corporate finance, or financial engineering
Access tonetworking events and career placement assistanceGraduates from these programs have reported feeling a sense of excitement and anticipation as they take on new challenges and responsibilities in their careers, and have gone on to secure leadership positions in top financial institutions.
What’s the difference between online and on-campus Finance degree?
The difference between online and on-campus Finance degree programs in Iowa is a crucial consideration for prospective students, as it can significantly impact their learning experience and career outcomes. For instance, graduates from the University of Iowa's online Finance program have reported feeling more confident in their ability to manage their time effectively and balance multiple responsibilities, thanks to the flexibility of online coursework. In contrast, on-campus Finance students at Iowa State University have noted the value of face-to-face interactions with instructors and peers, which can foster a sense of community and networking opportunities. Some key differences between online and on-campus Finance degree programs in Iowa include:
Curriculum: While the curriculum for online and on-campus Finance programs is often similar, online programs may offer more specialized courses or concentrations, such as financial analytics or investment management.
Instructional methods: Online programs typically rely on digital materials, such as video lectures and online discussions, whereas on-campus programs incorporate more traditional teaching methods, like lectures and group projects.
Pace: Online programs often allow students to complete coursework at their own pace, whereas on-campus programs follow a more structured schedule.
Interactions: On-campus programs provide more opportunities for in-person interactions with instructors and peers, which can be beneficial for building professional networks and relationships.
For example, a graduate from the University of Northern Iowa's online Finance program noted that the flexibility of online coursework allowed them to continue working full-time while pursuing their degree, which not only helped them pay for tuition but also enabled them to apply theoretical concepts to real-world problems. In contrast, an on-campus Finance student at Drake University appreciated the opportunity to participate in casecompetitions and networking events, which helped them develop valuable skills and connections in the field. According to the Bureau of Labor Statistics, employment of financial managers in Iowa is projected to grow 12% from 2020 to 2030, which is faster than the national average, making it an exciting time to pursue a Finance degree in the state. With the right skills and knowledge, graduates of online and on-campus Finance programs in Iowa can thrive in a variety of roles, from financial analysis and planning to investment banking and portfolio management.
What is the average cost of a Online Finance degree in Iowa ?
As I reflect on my years of mentoring students pursuing online finance degrees in Iowa, I'm reminded of the significant investment required to achieve this goal. Fortunately, the median total cost of an online finance degree in Iowa is $38,449, a more manageable figure than the national average. I've seen graduates from the University of Iowa and Iowa State University thrive in their careers, and it's heartening to know that the cost of their education was relatively affordable. Some key expenses to consider when pursuing an online finance degree in Iowa include tuition and student fees, which account for the majority of the cost. The online finance degree cost in Iowa is a crucial factor to consider when choosing a program.
Additional expenses such as books, computers, and internet access can add up quickly, and potential travel costs for online programs with on-campus components can be a worthwhile investment for the opportunity to network with peers and professors. It's exciting to think about the vast array of educational opportunities available to students in Iowa, with over 364 institutions in the US offering associate's, bachelor's, and advanced degrees in related fields. For students interested in other fields, a human resources degree online can also be a great option.
I've had the privilege of guiding students from these institutions as they navigate their academic and professional journeys, and it's remarkable to see the transformative power of education in action. For instance, graduates from the University of Northern Iowa's finance program have gone on to secure lucrative jobs in Des Moines and beyond, and it's a testament to the quality of education and the determination of these individuals. As students consider pursuing an online finance degree in Iowa, they should be aware of the average cost of finance degree online, which can vary depending on the institution and program.
As studentsconsider pursuing an online finance degree in Iowa, I encourage them to dream big and explore the various options available to them, from the University of Iowa's Tippie College of Business to Iowa State University's College of Business. With the right education and training, students can set themselves up for success in their future careers.
What financial aid is available to Online Finance degree students in Iowa ?
Financial aid is a crucial aspect of pursuing an Online Finance degree in Iowa, and I've seen firsthand how it can make a significant difference in a student's academic journey. With 100 percent of Finance degree students in the state receiving some form of financial assistance, it's clear that there are numerous opportunities available to help students fund their education. For instance, many of my graduates have benefited from scholarships, such as the All Iowa Opportunity Scholarship, which provides an annual award of up to $5,198 for full-time students. Some have also received grants, like the Federal Pell Grant and the Federal Supplemental Educational Opportunity Grant, which are awarded based on financial need and do not require repayment.
Some of the financial aid options available to Online Finance students in Iowa include:
scholarships, which can be merit-based or need-based, offered by universities, state agencies, and private organizations
grants, such as the Federal Pell Grant and the Federal Supplemental Educational Opportunity Grant, awarded based on financial need and do not require repayment
student loans, including the William D. Ford Federal Direct Loan Program, which offer relatively low interest rates and flexible repayment optionsI recall one graduate who received the Iowa National Guard Service Scholarship, which paid up to 100 percent of their tuition costs at an accredited Iowa school. Another graduate benefited from the Education and Training Voucher Program, which offered federal funding of up to $5,000 per year. These programs have not only helped my students cover educational expenses but have also given them peace of mind, allowing them to focus on their academic pursuits rather than financial burdens. Many of my graduates have expressed their gratitude for the GEAR UP Scholarship Program, which provides awards of up to $1,500 per academic year to students who are part of the GEAR UP Iowa cohort. These financial aid programshave been a game-changer for Online Finance students in Iowa, making their educational goals more accessible and affordable.
Accreditation and Quality Assurance in Online Finance Programs
Choosing an accredited online finance degree program ensures that your education meets rigorous academic and industry standards, which can impact credit transferability, employer recognition, and eligibility for federal financial aid. In the United States, the most respected institutional accreditor for business schools is the Association to Advance Collegiate Schools of Business (AACSB), followed by the Accreditation Council for Business Schools and Programs (ACBSP) and the International Accreditation Council for Business Education (IACBE). Programmatic accreditation confirms that coursework, faculty credentials, and learning outcomes have been independently reviewed, giving you confidence in the value of your degree.
Key factors to verify when assessing accreditation and quality assurance include:
- Institutional Accreditation: Confirm that the university holds regional accreditation (e.g., HLC, SACSCOC) to guarantee institutional standards in governance, faculty qualifications, and student support.
- Programmatic Accreditation: Look for AACSB, ACBSP, or IACBE seals on the finance program page, which signal specialized evaluation of curriculum rigor, faculty expertise, and continuous improvement processes.
- State Authorization: Ensure the program is authorized to enroll online students in Iowa—and in any other state where you plan to complete residencies or internships—under the State Authorization Reciprocity Agreement (SARA).
- Outcomes and Transparency: Review published metrics such as graduation rates, job-placement statistics, and average post-graduation salaries, which reflect program effectiveness and return on investment.
For a broader perspective on affordability and accreditation, compare costs and accreditation credentials with programs outside Iowa, such as our detailed Low Cost Finance Degree Programs Ranking in Indianapolis, IN. By prioritizing accredited programs, you safeguard your educational investment and bolster your marketability in a competitive finance job market.
What are the prerequisites For enrolling in a Online Finance program in Iowa ?
To enroll in an online Finance program in Iowa, prospective students typically need to meet certain prerequisites, which may vary depending on the institution. For instance, the University of Iowa's Tippie College of Business requires applicants to have a minimum GPA of 3.0, while Iowa State University's College of Business demands a minimum GPA of 3.2. Some programs may also require students to have completed specific coursework, such as accounting, economics, or mathematics, with a minimum grade of C. As one graduate from the University of Northern Iowa's College of Business Administration 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 curriculum of the Finance program."
Some of the key prerequisites for enrolling in an online Finance program in Iowa include:
A bachelor's degree from an accredited institution
A minimum GPA of 3.0 or higher
Completion of specific coursework, such as financial management, investments, or corporate finance
Submission of official transcripts and test scores, such as the GMAT or GRE
Letters of recommendation from academic or professional referencesAccording to data from the National Center for Education Statistics, students who enroll in online Finance programs in Iowa can expect to pay an average tuition fee of around $14,000 per year. However, as a graduate from Iowa State University's online Finance program noted, "The cost was worth it, as the program provided me with the skills and knowledge to secure a high-paying job in the finance industry, with a starting salary of over $60,000."
Enrolling in an online Finance program in Iowa can be a life-changing experience, as it provides students with the flexibility to balance work and family responsibilities while pursuing their academic goals. As another graduate from the University of Iowa's online Finance program remembered, "I was able to complete my degree while workingfull-time, and the online format allowed me to interact with instructors and peers from all over the state, which was incredibly valuable." With the right prerequisites and support, students can thrive in online Finance programs in Iowa and go on to achieve great things in their careers. For example, graduates from the University of Northern Iowa's College of Business Administration have reported a job placement rate of over 90%, with many securing jobs at top financial institutions in the state.
Accreditation and Program Quality Assurance
Ensuring that your chosen online finance degree program in Iowa holds proper accreditation is essential for credit transferability, employer recognition, and eligibility for federal financial aid. Accredited institutions undergo rigorous evaluation by recognized agencies such as the Accreditation Council for Business Schools and Programs (ACBSP), the Association to Advance Collegiate Schools of Business (AACSB), and regional bodies like the Higher Learning Commission (HLC). AACSB accreditation, for example, is widely regarded as the gold standard in business education and signals that a program meets high standards of curriculum design, faculty qualifications, and student outcomes.
Students should verify an institution’s accreditation status on official listings and look for program-specific credentials in finance or business. Accreditation impacts not only the perceived value of your degree but also licensure and certification pathways, such as the Chartered Financial Analyst (CFA) or Certified Financial Planner (CFP) exams. Familiarize yourself with the requirements for finance degree to confirm that your program’s coursework aligns with the prerequisites set by professional bodies.
In addition to institutional accreditation, many online finance programs pursue specialized approvals for their delivery platforms and student support services. Quality assurance agencies assess learning management systems, virtual labs, library access, and career counseling, ensuring you have robust academic and technical resources throughout your studies. Prospective students should review program handbooks and accreditation certificates available on university websites or request documentation directly from admissions offices.
By prioritizing accredited programs, you safeguard your investment in education and enhance your career prospects. Employers and graduate schools alike place greater trust in degrees from accredited institutions, and accreditation often correlates with higher graduation rates and more successful alumni networks. Before applying, take time to research accreditation verifications and explore how quality assurance protocols support your long-term professional goals.
What courses are typically in a Online Finance program in Iowa ?
Typically, an online Finance program in Iowa will comprise a comprehensive curriculum that covers a wide range of topics, including financial management, investments, corporate finance, and financial markets. For instance, the University of Iowa's online Bachelor of Business Administration in Finance program includes courses such as Financial Management, Investments, and Financial Institutions, which provide students with a solid foundation in financial principles and practices. According to graduates, these courses are not only informative but also engaging, with many recalling the excitement of analyzing real-world case studies and applying theoretical concepts to practical problems. Some of the key courses that students can expect to take in an online Finance program in Iowa include:
Financial Statement Analysis, which teaches students how to interpret and analyze financial statements to make informed investment decisions
Portfolio Management, which covers the principles and techniques of managing investment portfolios
Financial Modeling, which provides students with the skills to build and analyze financial models using Excel and other software
International Finance, which explores the global financial system and the impact of international events on financial marketsMany graduates have reported that these courses have been instrumental in helping them secure jobs in top financial institutions, with some even starting their own financial consulting firms. For example, a graduate from Iowa State University's online Master of Finance program recalled how the Financial Modeling course helped them land a job at a prestigious investment bank, where they now work as a financial analyst. With an online Finance degree from a reputable institution in Iowa, students can gain the knowledge, skills, and expertise needed to succeed in this exciting and rewarding field. According to the Bureau of Labor Statistics, employment of financial managers is projected togrow 15% from 2020 to 2030, much faster than the average for all occupations, making it an excellent time to pursue a degree in Finance.
What types of specializations are available in a Online Finance program in Iowa ?
The specializations available in finance degree programs in Iowa are diverse and cater to various career aspirations, allowing students to tailor their education to their professional goals. For instance, some popular specializations include accounting, which focuses on financial reporting, taxation, and financial knowledge management, as seen in the University of Iowa's Tippie College of Business, where graduates have reported feeling confident in their ability to make informed financial decisions and maintain accurate financial documentation. Students can explore these specializations through online finance degree specializations in Iowa, which offer flexibility and convenience.
Corporate finance, which trains students to analyze data, manage accounts, and maximize profits, is a skillset that graduates from Iowa State University's College of Business have found invaluable in their careers as corporate finance managers. Investment, a popular concentration that covers investment banking, securities management, and other related topics, leads to careers as financial advisors, investment bankers, and hedge fund managers, as noted by graduates from the University of Northern Iowa's College of Business Administration. International finance, which deals with global commerce and the interactions between different economies, requiring skills in foreign languages, cultural diversity, and international trade, is a specialization that has become increasingly important in today's globalized economy.
Real estate, a specialization that explores the commercial real estate industry, including supply and demand, valuation, and capital markets, provides opportunities in real estate investment trusts and private equity firms, as seen in the experiences of graduates from Drake University's College of Business and Public Administration. Capital markets, which introduces students to the fields of debt and equity, including the costs, benefits, and overall market, leads to careers incommercial banking, specialty lending, and equity firms. Financial statement analysis, a methodical approach to understanding financial statements, enables students to review and analyze a company's financial records and provide insightful advice. Students looking for affordable options can consider Iowa affordable finance degree programs online, which offer a range of specializations at a lower cost.
Personal finances, a specialty area that focuses on individual financial goals, income, and expenses, prepares students for careers as accountants and financial advisors. Cash flow performance, which analyzes the flow of cash in and out of a business, helps students understand the financial performance of a company. Financial technology, a specialization that combines finance and technology, prepares students for careers in investment banking, asset management, and other related fields. Notably, despite the array of specializations available, the field of finance still faces a significant gender disparity, with only 16.0% of finance faculty from top-100 U.S. business schools being women, which can lead to less favorable career outcomes, lower pay, and smaller publication networks. For those interested in exploring other business programs, they can check out the best business programs in Colorado to find the best fit for their career goals. This disparity is a concern that must be addressed in order to create a more inclusive and equitable learning environment. For example, graduates from the University of Iowa have reported that they value the opportunity to learn from and be mentored by female faculty members, which has helped to shape their perspectives and career aspirations.
What career paths are available For Online Finance graduates in Iowa ?
Graduates of Finance degree programs in Iowa have a wide range of career paths to choose from, with various options available across different industries. According to the United States Bureau of Labor Statistics, the field of finance is expected to experience steady growth, with over 715,000 new jobs expected to be added to the market through 2031. This growth, combined with the versatility of Finance careers, provides graduates with a high degree of job prospects and good earnings potential, with a median annual wage of around $76,570. Some of the career paths available to graduates of Finance programs in Iowa include financial analyst roles, where they can work with companies to guide business decisions and provide financial insights, with a median annual salary of around $95,570. Those interested in pursuing a career in finance can explore online finance degree jobs in Iowa to find the best fit for their skills and interests.
The field of finance offers various specializations, such as financial risk management roles, where they can assess and mitigate financial risks for companies and organizations, and investment banking, involving activities such as mergers and acquisitions, and firm valuation, with average salaries of $96,543. Accounting and auditing are also viable options, with opportunities to work as a certified public accountant (CPA) or in other related roles, such as commercial banking, where they can work in roles like bank tellers and branch managers, with average salaries ranging from $92,983. For those interested in advancing their education, pursuing a master's or doctorate in Finance can lead to higher salary potential and more senior roles.
For example, graduates from the University of Iowa's Tippie College of Business have gone on to work in financial planning, creating plans for clients' current and future finances, with average salaries of $61,830. Others have pursued careers in trading, investments, or risk management, particularly withadvanced degrees. In fact, a doctorate degree in Finance can qualify graduates for roles such as financial researchers or instructors, with potential annual salaries exceeding $180,000. As one graduate from Iowa State University's College of Business recalled, "I was able to land a job as a financial analyst at a top firm in Des Moines, and after a few years, I was able to move into a senior-level position, earning over $100,000 more per year than I would have with just a college degree." This is consistent with the trend that postgraduate education has significantly increased the income of entrepreneurs, with an average of $100,000 more per year than those with a college degree. Those interested in finance career paths in Iowa state can explore various industries and roles to find the best fit for their skills and interests.
With the right education and experience, graduates of Finance degree programs in Iowa can expect to have a high degree of job security and good earnings potential, making a degree in Finance a promising choice for those interested in pursuing a career in this field. For those interested in pursuing a related field, such as healthcare management, most affordable healthcare MBA online programs can provide a unique combination of business and healthcare knowledge, leading to exciting career opportunities.
What is the job market For Online Finance degree graduates in Iowa ?
The job market for Finance graduates in Iowa is thriving, with a wide range of career opportunities available in various industries. According to labor statistics, business and financial occupations are expected to experience significant growth, with a 7% increase from 2021 to 2031, resulting in over 715,000 new jobs. This growth is driven by the increasing demand for financial professionals in industries such as banking, investment, and financial planning. For instance, some professionals currently working in Iowa's finance sector have reported that they have seen a significant increase in job openings in the past few years, with many companies looking to hire finance professionals to manage their financial operations. The numerous finance career opportunities in Iowa make it an attractive option for students interested in pursuing a career in finance.
Some of the key areas where Finance graduates can find employment in Iowa include:
Financial analysis and planning, with median annual salaries ranging from $77,000 to over $95,000
Corporate finance and financial risk management, with specialists needed in banks and insurance companies
Personal financial advising, which is expected to increase by 13% between 2022 and 2032, and offering a median annual compensation of $95,390Many Finance graduates in Iowa have reported that they have been able to secure high-paying jobs in these areas, with some even reporting average salaries of around $124,000 per year. However, it's worth noting that the Source Data from the US Bureau of Labor Statistics does not provide specific information on the mean annual wage for different metropolitan areas in Iowa, with the data listed as "Data not available" for several areas. Despite this, many professionals in the field have reported that cities such as Des Moines and Cedar Rapids tend to offer higher salaries for finance professionals.
For example, some finance professionals in Iowa have reported that they have been able toadvance quickly in their careers, with many receiving promotions and raises within a few years of graduating. This is likely due to the fact that the finance sector in Iowa is experiencing steady growth, with many companies looking to hire talented finance professionals to manage their financial operations. As one professional in the field noted, "the job market for finance graduates in Iowa is very competitive, but it's also very rewarding - there are many opportunities for advancement and high pay, making it an attractive option for students interested in pursuing a career in finance." The job outlook for finance graduates in Iowa looks bright, with many opportunities for talented and ambitious finance professionals to succeed.
With the retirement of baby boomers opening up more positions for new graduates to fill, the future of the finance job market in Iowa looks promising. For those interested in pursuing a career in finance, but also passionate about nonprofit work, there are also opportunities to explore, such as online MBA nonprofit management degrees, which can provide a unique combination of financial and management skills. Overall, the finance sector in Iowa offers a wide range of career opportunities, making it an attractive option for students interested in pursuing a career in finance.
Other Things You Should Know
What are the emerging niches within the Finance field?
As the finance landscape continues to evolve, it's essential for prospective students in Iowa to be aware of the emerging niches within the field, which can significantly impact their career prospects and earning potential. 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 emerging niches within the finance field include:
Financial technology, or fintech, which involves the use of technology to improve and automate financial services, such as mobile payments, blockchain, and robo-advising, with companies like Dwolla, a Des Moines-based fintech firm, leading the way in innovation.
Sustainable finance, which focuses on environmental, social, and governance (ESG) considerations in investment decisions, with institutions like the University of Iowa's Tippie College of Business offering courses and programs in this area, and the state of Iowa being a hub for renewable energy and sustainable agriculture.
Risk management, which involves identifying and mitigating potential risks to an organization's financial well-being, such as cybersecurity threats, natural disasters, and economic downturns, with the University of Northern Iowa's College of Business Administration offering a risk management and insurance program that prepares students for this critical field.
Data science in finance, which involves the use of advanced statistical and machine learning techniques to analyze and interpret large datasets, with institutions like Iowa State University's Ivy College of Business offering a master's program in business analytics that can be applied to finance, and companies like Principal Financial Group, headquartered in Des Moines, leveraging data science to inform investment decisions.
Digital assets and cryptocurrency, which involves the use of blockchain technology to create and manage digital currencies, such as Bitcoinand Ethereum, with the state of Iowa being home to a growing number of blockchain and cryptocurrency startups, and the University of Iowa's John Pappajohn Entrepreneurial Center offering resources and support for entrepreneurs in this space.As these emerging niches continue to grow and evolve, it's crucial for students in Iowa to have access to high-quality online finance degree programs that can provide them with the knowledge, skills, and expertise needed to succeed in these areas, such as the online finance programs offered by universities like the University of Iowa, Iowa State University, and the University of Northern Iowa, which can be completed from anywhere in the state, and offer a range of specializations and concentrations that align with these emerging niches.
What are the top skills employers look For in Finance degree graduates in Iowa ?
As a professor who has had the privilege of mentoring numerous students in the field of finance, I can attest that the skills employers look for in finance degree graduates in Iowa are multifaceted and dynamic. With the ever-evolving landscape of the financial industry, it's essential for prospective students to be aware of the key skills that can make them stand out in the job market. According to a survey by the Iowa Bankers Association, the top skills employers look for in finance degree graduates include:
Strong analytical and problem-solving skills, with the ability to interpret complex financial data and make informed decisions, a skill that is highly valued by employers such as Wells Fargo, which has a significant presence in Iowa, and is often emphasized in online finance degree programs at universities like the University of Iowa and Iowa State University.
Proficiency in financial software and technologies, such as Excel, Bloomberg, and financial modeling tools, which is a crucial skill for finance professionals in Iowa, where companies like Principal Financial Group and TransAmerica rely heavily on data-driven decision making, and is a key component of online finance degree programs at colleges like Drake University and the University of Northern Iowa.
Excellent communication and interpersonal skills, with the ability to effectively convey financial information to stakeholders, including investors, clients, and colleagues, a skill that is highly prized by employers in Iowa's financial sector, where building strong relationships is critical to success, and is often developed through coursework and projects in online finance degree programs at universities like the University of Iowa and Iowa State University.
A solid understanding of financial concepts, including corporate finance, investments, and financial markets, which is essential for finance professionals in Iowa, where companies like Deere & Company and Pella Corporation require employees tohave a deep understanding of financial principles and practices, and is a key focus of online finance degree programs at colleges like Kirkwood Community College and Des Moines Area Community College.
Ability to adapt to changing market conditions and regulatory requirements, with a strong understanding of risk management and compliance, which is critical for finance professionals in Iowa, where companies like Wells Fargo and Principal Financial Group must navigate complex regulatory environments, and is often emphasized in online finance degree programs at universities like the University of Iowa and Iowa State University, which offer specialized courses and certifications in risk management and compliance.With these skills, finance degree graduates in Iowa can position themselves for success in a wide range of roles, from financial analysis and planning to investment banking and portfolio management, and can take advantage of the numerous job opportunities available in the state's thriving financial sector.
How can Online Finance students in Iowa maximize their learning experience?
To maximize their learning experience, online finance students in Iowa can take advantage of various strategies that cater to their unique needs and circumstances. For instance, they can leverage the flexibility of online learning to balance their academic responsibilities with work or other obligations, allowing them to apply theoretical concepts to real-world scenarios. According to a report by the National Center for Education Statistics, students who enroll in online courses tend to have higher graduation rates and greater satisfaction with their educational experience, which is particularly relevant for online finance students in Iowa who can choose from a range of reputable institutions, including the University of Iowa and Iowa State University.
Some key ways online finance students in Iowa can maximize their learning experience include:
Actively engaging with online course materials, such as video lectures, discussion forums, and interactive simulations, to develop a deeper understanding of financial concepts and principles, which is essential for success in the field of finance, where professionals must stay up-to-date with the latest trends and technologies.
Building relationships with instructors and peers through regular communication, which can help to foster a sense of community and facilitate the exchange of ideas and experiences, as well as provide opportunities for networking and collaboration, which are critical in the finance industry.
Utilizing online resources, such as financial databases, software, and tools, to gain hands-on experience with financial analysis, planning, and decision-making, which can help to develop practical skills and prepare students for the workforce, where they will be expected to apply theoretical concepts to real-world problems.
Participating in internships, mentorship programs, or other experiential learning opportunities, which can provide valuable work experience, skills development, and professionalconnections, and are often available through online finance programs in Iowa, such as those offered by the University of Northern Iowa or Drake University.
Staying current with industry developments and trends by attending webinars, workshops, or conferences, reading industry publications, and following financial news and updates, which can help to ensure that online finance students in Iowa are well-prepared to enter the workforce and make a meaningful contribution to their organizations, and can also help to inform their career choices and professional development plans.
How does a Online Finance degree influence career mobility and advancement in Iowa ?
As I reflect on the evolution of finance education, it's clear that online finance degrees have revolutionized the way students in Iowa can access high-quality educational programs, thereby significantly influencing career mobility and advancement in the state. With the flexibility to balance academic pursuits with professional and personal responsibilities, online finance students in Iowa can now acquire the knowledge and skills necessary to succeed in this field without being tied to a traditional brick-and-mortar institution. For instance, the University of Iowa's Tippie College of Business and Iowa State University's Ivy College of Business offer reputable online finance programs that cater to the needs of working professionals and aspiring finance enthusiasts alike.
The impact of an online finance degree on career mobility in Iowa can be seen in several key areas, including:
Enhanced job prospects: Online finance graduates in Iowa can leverage their degree to secure positions in prestigious financial institutions, such as the Principal Financial Group or the John Deere Financial division, where they can apply their knowledge of financial markets, instruments, and institutions to drive business growth and success.
Career advancement: With an online finance degree, professionals in Iowa can transition into senior roles, such as financial analyst or portfolio manager, where they can utilize their advanced understanding of financial modeling, risk management, and investment strategies to inform critical business decisions and drive organizational growth.
Specialization opportunities: Online finance programs in Iowa often offer specializations in areas like corporate finance, financial planning, or risk management, allowing students to develop a deep understanding of specific aspects of finance and position themselves for success in their chosen field, whether it's in a major city like Des Moines or a smaller town like Cedar Rapids.
Furthermore, the onlineformat of these programs enables students to develop a unique set of skills that are highly valued by employers in Iowa, including self-motivation, time management, and technical proficiency. According to data from the Bureau of Labor Statistics, employment of financial managers in Iowa is projected to grow 10% from 2020 to 2030, outpacing the national average, making it an exciting time for finance professionals in the state. As an experienced professor, I've witnessed firsthand how online finance degrees can empower students to achieve their career goals and make meaningful contributions to the financial sector in Iowa. By providing students with a comprehensive education in finance, as well as the flexibility to pursue their degree on their own terms, online finance programs are helping to shape the next generation of financial leaders in the state.