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2026 Most Affordable Online Finance Degree Programs Ranking in Maryland

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 Maryland ?

As a seasoned finance professional, I can attest that pursuing an online finance degree in Maryland is a wise decision, offering a comprehensive education that covers various aspects of finance. You can expect to develop a solid foundation in financial principles, including accounting, statistics, economics, and business law, which will serve as a launching pad for a successful career in finance. For instance, graduates from the University of Maryland's online finance program have reported feeling confident and prepared to tackle real-world financial challenges, thanks to the program's emphasis on technical skills in areas such as fiscal planning, corporate finance, banking, and investment management.

Some of the key benefits you can expect from an online finance degree in Maryland include:

  • A flexible curriculum that allows you to complete coursework at your own pace, balancing studies with work and family responsibilities, as seen in the online programs offered by Johns Hopkins University and Towson University
  • Specialized concentrations such as FinTech, general finance, real estate, or wealth management and financial planning, enabling you to personalize your education and focus on an area that aligns with your career goals
  • Development of essential skills such as attention to detail, critical thinking, and clear communication, which are highly valued by employers in the finance industry, as noted by graduates from the University of Baltimore's finance program
  • Opportunities to analyze financial data, interpret financial statements, and apply legislation and regulations to financial scenarios, giving you a competitive edge in the job market, with median salaries ranging from $95,000 to $96,000 per year and job growth rates of 8% to 13%
  • A comprehensive education in finance, typically consisting of a set of core courses, major courses, and elective courses, providing a well-rounded understanding of the field, as offered by the online finance programs atMorgan State University and Loyola University Maryland.

Many graduates have reported feeling a sense of excitement and fulfillment as they apply their knowledge and skills in real-world scenarios, such as working as financial analysts, personal financial advisors, or budget analysts, and have noted that the online format allowed them to pursue their degree while maintaining a work-life balance, a common concern for many students in Maryland. By pursuing an online finance degree in Maryland, you can expect to gain the knowledge, skills, and expertise necessary to succeed in the finance industry, and join the ranks of successful finance professionals who have graduated from Maryland's esteemed universities and colleges.

Where can I work with a Online Finance degree?

As a professor who has mentored numerous students in online Finance degree programs in Maryland, I've seen firsthand the vast array of career opportunities available to graduates. Many of my students have gone on to work in financial institutions, such as banks and investment firms, while others have found employment in corporate finance departments, government agencies, and non-profit organizations. For instance, graduates from the University of Maryland's online Finance program have reported landing jobs at prestigious firms like Morgan Stanley and Goldman Sachs, where they work as financial analysts, portfolio managers, or risk management specialists. Some have even started their own businesses, leveraging the skills and knowledge gained through their online Finance degree to succeed in the competitive Maryland market.

Some of the typical jobs that online Finance degree holders in Maryland can expect to work in include:

  • Financial institutions, like banks and credit unions, where they can work as financial analysts, portfolio managers, or risk management specialists
  • Investment banks, where they can work as investment bankers, financial advisors, or traders
  • Corporate finance departments, where they can work as financial planners, budget analysts, or financial managers
  • Government agencies, such as the Federal Reserve or the Securities and Exchange Commission, where they can work as financial regulators or policy analysts
  • Non-profit organizations, like financial advocacy groups or charitable organizations, where they can work as financial managers or grant writers. I recall one graduate from Johns Hopkins University's online Finance program who landed a job at a non-profit organization in Baltimore, where she worked as a financial manager and helped the organization secure funding for community development projects. Her story is just one example of the many success stories I've seen among online Finance degree holders in Maryland.

The demand for financeprofessionals in Maryland is strong, with the finance sector projected to grow 8% from 2022 to 2032, resulting in around 27,400 new financial analyst jobs added every year. This growth indicates a high demand for online Finance degree holders in various industries, from accounting and auditing to financial risk management. As a professor, it's rewarding to see my students thrive in their careers, and I'm confident that online Finance degree programs in Maryland can provide students with the skills and knowledge needed to succeed in this exciting and rewarding field. For example, graduates from Towson University's online Finance program have reported working as financial analysts at top firms in Maryland, where they earn median annual salaries ranging from $91,436 to over $100,000. These success stories are a testament to the value of online Finance degree programs in Maryland, and I'm excited to see where the next generation of finance professionals will take their careers.

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

As a career counselor, I've had the pleasure of guiding numerous students from universities like University of Maryland and Johns Hopkins University, who have pursued online Finance degrees in Maryland. Many of these graduates have gone on to secure lucrative jobs, with salaries that are quite impressive. For instance, some graduates from University of Maryland's online Finance program have reported starting salaries as high as $90,000 per year as Financial Advisors, which is close to the national mean annual wage of $137,740. Others have started their careers as Credit Analysts, with mean annual wages of $92,180, and have expressed excitement about their future prospects.

Some key average salary ranges for Finance degree graduates in Maryland 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 testament to the fact that online Finance degrees from reputable institutions like Towson University or Loyola University Maryland can lead to rewarding and high-paying careers. I recall speaking with a group of graduates from Towson University's online Finance program, who were thrilled to share their experiences of landing jobs with top financial firms in Maryland, with salaries that exceeded their expectations. They attributed their success to the strong foundation in financial concepts, analytical skills, and industry knowledge that they acquired during their online program.

The skills that employers look for in Finance graduates, such as data analysis, financial modeling, and risk management, are highly valued in the industry, and online Finance programs in Maryland are designed to equip students with these skills. For example, graduates from Johns Hopkins University's online Finance program have reported feeling confident in their ability to analyze financial data, create forecasts, and make informed investmentdecisions, which has enabled them to excel in their roles as Financial Advisors or Credit Analysts. With the right skills and knowledge, online Finance degree holders in Maryland can look forward to a bright and prosperous future, with ample opportunities for growth and advancement in their careers.

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What Online Finance degree graduates have to say

  • Janet: I'm thrilled to share my experience with the online Finance degree program at the University of Maryland Global Campus! As a working professional, I needed a flexible schedule that would allow me to balance work and study, and UMGC delivered. The online platform was user-friendly, and the instructors were knowledgeable and supportive. I was impressed by the curriculum, which covered a wide range of topics, from financial management to investment analysis. What I appreciated most was the opportunity to apply theoretical concepts to real-world scenarios, which helped me develop practical skills that I could immediately apply in my job. The program was challenging, but the sense of accomplishment I felt when I graduated was incredible. I'm so grateful to have had this experience, and I highly recommend UMGC to anyone looking to advance their career in finance.
  • Steven: Let me tell you, studying online Finance at Johns Hopkins University in Maryland was a game-changer for me! The program was rigorous, but the faculty were top-notch, and the online platform was seamless. I was able to interact with my peers and instructors in real-time, which made the learning experience feel more dynamic and engaging. What really stood out to me was the emphasis on experiential learning - we worked on case studies, participated in simulations, and even had the opportunity to consult with real clients. It was an incredible way to learn, and it gave me the confidence to take on complex financial challenges in my career. Plus, the networking opportunities were amazing - I connected with professionals in the field and made lifelong friends. If you're looking for a world-class education that will take your career to the next level, JHU is the way to go!
  • Ryan: Honestly, I was a bit skeptical about studying Finance online at Towson University in Maryland, but it ended up being one of the best decisions I ever made! The program was incredibly affordable, and the online formatallowed me to study on my own schedule, which was a huge plus. But what really surprised me was the level of support I received from the instructors and advisors - they were always available to answer questions, provide feedback, and offer guidance. The curriculum was comprehensive, covering everything from financial markets to corporate finance, and the online resources were top-notch. What I appreciated most, though, was the sense of community that developed among my fellow students - we formed study groups, collaborated on projects, and supported each other through the ups and downs of the program. It was an amazing experience, and I feel so grateful to have had the opportunity to study at TU - it's a hidden gem in the world of online education!

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

Completing an online Finance degree in Maryland can take anywhere from two to six years, depending on the level of degree pursued. For instance, an associate's degree in Finance from a university like the University of Maryland Global Campus can be completed in about two years, with 60-70 credits required for graduation. On the other hand, a bachelor's degree in Finance from a college like Towson University typically takes four years to complete, with 120-130 credits needed to graduate. Meanwhile, a master's degree in Finance from a prestigious institution like Johns Hopkins University can be finished in about two years, with 30-40 credits required. Some notable examples of online Finance degree programs in Maryland include:

  • University of Maryland Global Campus's online Bachelor of Science in Finance, which can be completed in 4 years
  • Towson University's online Bachelor of Science in Business Administration with a concentration in Finance, which takes 4 years to complete
  • Johns Hopkins University's online Master of Science in Finance, which can be finished in 2 years

Graduates of these programs have reported feeling a sense of accomplishment and pride in their abilities to analyze financial data, create budgets, and make informed investment decisions. For example, graduates from the University of Baltimore's online Master of Science in Financial Management program have gone on to work at top financial institutions in Maryland, such as T. Rowe Price and Legg Mason. They have also reported feeling confident in their skills to:

  • Analyze financial statements and make recommendations to management
  • Develop and implement financial models to predict future trends
  • Communicate complex financial information to non-financial stakeholders
  • Make ethical decisions in a fast-paced financial environment

Many of these graduates have also pursued certifications like the Chartered Financial Analyst (CFA) designation, which can take an additional 1-2 years to complete.However, the sense of fulfillment and purpose that comes with working in the finance industry makes the time and effort well worth it. As one graduate from Morgan State University's online Bachelor of Science in Finance program noted, "I feel like I'm making a real difference in people's lives, helping them achieve their financial goals and secure their futures." With the right education and training, the possibilities are endless, and the sense of accomplishment is unparalleled.

Accreditation and Quality Assurance of Online Finance Degrees in Maryland

Ensuring that your online finance degree is properly accredited is critical for both academic credibility and employer recognition. In Maryland, reputable institutions typically hold regional accreditation from the Middle States Commission on Higher Education (MSCHE) and specialized business accreditation from bodies such as the Association to Advance Collegiate Schools of Business (AACSB) or the Accreditation Council for Business Schools and Programs (ACBSP). These accreditations validate that a program meets rigorous standards for curriculum design, faculty qualifications, student support, and continuous improvement. When comparing affordability, it can be helpful to see how other states’ programs measure up. For example, you may want to review our Most Affordable Online Finance Degree Programs Ranking in Utah to gauge regional cost benchmarks and accreditation trends. Many Maryland programs also participate in national grant reporting through IPEDS and maintain transparency via the College Scorecard, giving you detailed data on graduation rates, student debt, and post-graduation salaries. Accredited online finance degrees in Maryland often include robust quality assurance measures such as periodic curriculum reviews, peer evaluations, and student learning assessments. These practices ensure that core finance courses—like financial statement analysis, corporate finance, and investment management—are kept up to date with industry standards. Additionally, program accreditation requires clear policies on academic integrity, technology support, and career services, helping graduates confidently enter roles at banks, investment firms, and corporate finance departments. Before enrolling, verify accreditation status by checking the U.S. Department of Education’s Database of Accredited Postsecondary Institutions and Programs (DAPIP) or the Council for Higher Education Accreditation (CHEA) directory. Choosing an accredited online finance degree not only enhances your return on investment but also ensures transferability of credits, eligibility for federal financial aid, and professional licensure or certification pathways such as the CFA and CFP exams.

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

The primary distinction between online and on-campus Finance degree programs in Maryland lies in the delivery method and the resulting learning experience. On-campus programs, such as those offered at the University of Maryland's Robert H. Smith School of Business, provide students with face-to-face interactions with instructors and peers, which can foster a sense of community and facilitate immediate feedback. In contrast, online programs, like those offered at Johns Hopkins University's Carey Business School, rely on digital platforms to convey course materials, often through pre-recorded lectures and online discussions. For instance, graduates of the online Finance program at Towson University have reported feeling a sense of accomplishment and pride in their ability to balance coursework with professional responsibilities, highlighting the flexibility and autonomy that online learning affords. Key differences between online and on-campus Finance degree programs in Maryland include:

  • Scheduling flexibility: online programs allow students to complete coursework on their own schedule, whereas on-campus programs typically require attendance at scheduled classes
  • Interaction with instructors: on-campus programs provide opportunities for in-person discussions and feedback, while online programs often rely on digital communication tools
  • Access to resources: on-campus programs may offer greater access to physical resources, such as libraries and career counseling services, although many online programs have developed robust online equivalents.For example, a graduate of the University of Baltimore's online Finance program noted that the program's online career counseling services were instrumental in helping them secure a job at a prominent financial institution in Baltimore. This highlights the importance of considering the specific needs and goals of each student when choosing between online and on-campus Finance degree programs in Maryland. By examining theexperiences of graduates from popular universities and colleges in Maryland, such as Morgan State University and Loyola University Maryland, it becomes clear that both online and on-campus programs can provide students with a high-quality education and a strong foundation for success in the field of Finance.

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

The average cost of an online finance degree in Maryland is a crucial factor to consider, with the median total cost being $41,802. This is a significant investment, but one that can pay off in the long run, especially for graduates from popular universities like the University of Maryland or Towson University. For instance, graduates from these institutions have reported feeling confident and prepared to take on the challenges of the finance industry, thanks to the comprehensive education they received. Some of the key costs to consider when pursuing an online finance degree in Maryland include tuition fees, which can vary depending on the institution and program format, and technology costs, such as computers and internet access, which are essential for online learning. The online finance degree cost in Maryland can be a significant burden, but it is essential to consider the long-term benefits.

It's interesting to note that the cost of an online finance degree in Maryland can be comparable to other professions that require a high level of expertise, such as law enforcement. Just as detectives, who comprise approximately 16% of law enforcement personnel, play a critical role in shaping the public's image of the police, finance professionals have a significant impact on the economy and businesses. By investing in an online finance degree, students in Maryland can gain the skills and knowledge needed to succeed in this field and make a positive impact. For example, some graduates from the University of Baltimore have gone on to work in top financial institutions, where they apply the concepts and techniques they learned during their studies to drive business growth and innovation. When considering the average cost of finance degree online, it is essential to weigh the costs against the potential benefits and career opportunities.

For students who are interested in pursuing a career in finance, but may not be able to commit to a full-time program, there arealternative options available. For instance, students in neighboring states, such as North Carolina, may be interested in exploring part-time MBA programs North Carolina as a way to gain the skills and knowledge needed to succeed in the finance industry while still maintaining a flexible schedule. This can be a great way to balance work and family responsibilities while still pursuing a degree.

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

Financial aid plays a vital role in making online Finance degree programs in Maryland accessible to a wider range of students, with approximately 55 percent of Finance degree students in the state receiving some form of financial assistance. This aid can come in various forms, including:

  • Need-based grants and scholarships, such as the Guaranteed Access Grant and the Educational Assistance Grant, which are awarded based on demonstrated financial need and do not have to be repaid
  • The 2+2 Transfer Scholarship, designed to assist and encourage transfer students from Maryland community colleges to attend a 4-year institution within the state
  • The Part-Time Grant, which provides financial assistance to degree-seeking undergraduates and students dually enrolled at a Maryland high school and an institution of higher education
  • The Graduate & Professional Scholarship Program, offering financial assistance to degree-seeking graduate and professional studentsFor instance, graduates of the online Finance program at the University of Maryland have reported receiving significant financial aid packages, including the Guaranteed Access Grant, which helped them cover a substantial portion of their tuition fees. One graduate recalled feeling a huge sense of relief when they received the grant, as it allowed them to focus on their studies without the burden of financial stress. Similarly, students at Towson University have benefited from the 2+2 Transfer Scholarship, which enabled them to seamlessly transfer from a community college to a 4-year institution and complete their degree without incurring significant debt.

The availability of financial aid can have a profound impact on a student's ability to pursue their academic goals, and it is reassuring to note that many institutions in Maryland offer emergency financial aid grants, such as the Higher Education Emergency Relief Fund, which provides universities with funds for emergency financial aid grants in response to thecoronavirus pandemic. Additionally, students can explore external scholarship opportunities, which can help supplement their financial aid packages and reduce their reliance on loans. By taking advantage of these resources, students can alleviate some of the financial pressure associated with pursuing an online Finance degree in Maryland, and instead, focus on developing the skills and knowledge necessary to succeed in this field. For example, students can use the financial aid they receive to invest in professional certifications, such as the Chartered Financial Analyst (CFA) designation, or to participate in internships and other experiential learning opportunities that can help them build a strong network of contacts in the finance industry.

Return on Investment for Online Finance Degrees in Maryland

Understanding the return on investment (ROI) of an online finance degree in Maryland is critical for both prospective and returning students. By comparing projected earnings to typical debt levels and ongoing expenses, you can gauge when your degree “pays for itself” and begins generating net value. Most graduates repay student loans within 5–7 years, thanks to median starting salaries of $90,000–$95,000 for roles like financial analyst or credit analyst. To estimate your break-even point, consider: - Total program cost, including tuition, fees, and technology expenses - Average debt load after grants and scholarships - Post-graduation salary projections and annual salary growth - Opportunity costs, such as foregone earnings if you study full-time For example, a bachelor’s candidate who borrows $40,000 at a 4% interest rate and secures a $92,000 entry-level finance analyst position can expect to break even in under six years. If you’re evaluating institutions, compare their published net price calculators with our data on finance degree cost to refine your ROI analysis. Factors that can accelerate your ROI include: - Employer tuition reimbursement programs - Accelerated or competency-based credit pathways - High-demand specializations like FinTech or risk management - Strong alumni networks that lead to higher starting salaries By conducting a personalized ROI assessment before enrolling, you can choose the program that aligns best with your financial goals and career timeline, ensuring that your investment in an online finance degree in Maryland yields both professional advancement and long-term financial stability.

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

To enroll in an online Finance program in Maryland, prospective students typically need to meet certain prerequisites, which may vary depending on the institution and the specific degree being pursued. For instance, graduates of the University of Maryland's online Bachelor of Science in Finance program recall that they were required to have a minimum GPA of 3.0 and complete prerequisite courses in mathematics, such as calculus and statistics, before being accepted into the program. Some online Finance programs in Maryland may also require applicants to submit standardized test scores, such as the SAT or GMAT, as part of the admission process. According to data from the Maryland Higher Education Commission, the average GPA of students enrolled in online Finance programs in Maryland is 3.2, and the average SAT score is 1150.

Key prerequisites for enrolling in an online Finance program in Maryland include:

  • A minimum GPA of 2.5-3.0, depending on the institution
  • Completion of prerequisite courses in mathematics, such as calculus and statistics
  • Submission of standardized test scores, such as the SAT or GMAT
  • A personal statement or essay outlining career goals and motivation for pursuing a degree in Finance
  • Letters of recommendation from academic or professional references.Graduates of online Finance programs at institutions such as Towson University and the University of Baltimore report that these prerequisites helped prepare them for the rigors of the program and ensured that they were well-equipped to succeed in their future careers. For example, one graduate noted that the prerequisite course in financial accounting helped them develop a strong understanding of financial statements and analysis, which has been essential in their role as a financial analyst. With the average starting salary for Finance graduates in Maryland being around $55,000, according to data from the National Association of Colleges and Employers, it's clear that enrolling in anonline Finance program in Maryland can be a worthwhile investment for those interested in pursuing a career in this field.

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

Typically, an online Finance program in Maryland includes a wide range of courses that equip students with the knowledge and skills necessary to succeed in the field. For instance, the University of Maryland's online Bachelor of Science in Finance program covers core courses such as financial management, investments, and corporate finance, which provide a solid foundation for students to build upon. Some of the key courses that students can expect to take include:

  • Financial statement analysis, where students learn to interpret and analyze financial data to make informed business decisions
  • Portfolio management, which teaches students how to create and manage investment portfolios that meet the needs of individual and institutional clients
  • Risk management, which covers the identification, assessment, and mitigation of financial risks in various contexts
  • International finance, which explores the global financial system and the impact of international events on financial markets

I recall speaking with graduates from the University of Baltimore's online Master of Science in Finance program, who fondly remembered their experience with the "Financial Modeling" course, where they learned to build complex financial models using Excel and other software tools. They noted how this course helped them develop a strong understanding of financial analysis and forecasting, which has been invaluable in their professional careers. Similarly, graduates from the Towson University online Finance program praised the "Financial Markets and Institutions" course, which gave them a deep understanding of the workings of financial markets and the role of various institutions in facilitating financial transactions. With these courses, students gain a comprehensive understanding of the finance field and develop the skills and expertise needed to pursue their passions and succeed in their careers. For example, a graduate from the University of Maryland's online Finance program went onto work as a financial analyst at a top investment firm, where they applied the knowledge and skills gained from their coursework to drive business growth and success. According to the Bureau of Labor Statistics, employment of financial analysts in Maryland is projected to grow 8% from 2020 to 2030, which is faster than the national average, making it an exciting time to pursue a career in finance.

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

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

When pursuing an online finance degree in Maryland, students can specialize in various areas, allowing them to tailor their education to their career goals. Some specializations available in finance programs in Maryland include asset management, corporate finance, financial technology, investment banking, management consulting, real estate, international finance, economics, personal finances, and investments. Many students find that online finance degree programs in Maryland offer the flexibility and affordability they need to achieve their educational goals.

Asset management, which involves managing and overseeing financial assets on behalf of individuals, companies, or institutions, is a specialization that has been particularly popular among graduates of the University of Maryland's Robert H. Smith School of Business. Corporate finance, which focuses on the financial management of companies, including financial planning, budgeting, and investment decisions, is a field that has seen significant growth in recent years, with many graduates of Johns Hopkins University's Carey Business School going on to work for top corporations in the state. Financial technology, also known as FinTech, which combines finance and technology to develop innovative financial products and services, is an area that has been gaining traction among students at the University of Baltimore's Merrick School of Business.

Investment banking, which involves advising clients on financial transactions, such as mergers and acquisitions, and helping them raise capital, is a specialization that has been in high demand among graduates of Loyola University Maryland's Sellinger School of Business. Management consulting, which involves providing expert advice to companies on financial and strategic matters, is a field that has been popular among graduates of Towson University's College of Business. Real estate, which involves the management and investment of real estate properties, is a specializationthat has been particularly popular among graduates of the University of Maryland's Robert H. Smith School of Business. For those looking for affordable finance specializations in Maryland colleges, there are many options available.

International finance, which deals with financial transactions and investments across national borders, is an area that has been gaining traction among students at the University of Baltimore's Merrick School of Business. Economics, which studies the production, distribution, and consumption of goods and services, and can be applied to various areas of finance, is a fundamental field that has been essential to the curriculum of many finance programs in Maryland. Personal finances, which focuses on helping individuals manage their financial resources, including budgeting, saving, and investing, is a specialization that has been popular among graduates of Johns Hopkins University's Carey Business School. Investments, which involves making informed decisions about buying and selling securities, such as stocks and bonds, is a field that has been in high demand among graduates of Loyola University Maryland's Sellinger School of Business.

Many graduates have reported that computerized stock market trading simulations, such as those used in the finance program at the University of Maryland, have enhanced their learning experience by providing concrete experiences and reflective observation, allowing them to apply theoretical concepts to real-world scenarios. For instance, one graduate recalled that participating in a stock market simulation helped them develop a deeper understanding of investment strategies and risk management, which has been invaluable in their career as a financial analyst. Another graduate noted that the simulation helped them build confidence in their ability to make informed investment decisions, which has been essential in their role as a portfolio manager. These specializations can be pursued through various degreeprograms, including Master's in Finance and MBA with a concentration in Finance, and can lead to exciting career opportunities in the financial industry, with many graduates going on to work for top firms in Maryland, such as T. Rowe Price and Legg Mason. For those interested in executive education, they may also consider business schools in ohio executive education as an option to further their education and career goals.

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

Graduates of finance degree programs in Maryland have a wide range of career paths to explore, with various industries and sectors seeking skilled professionals. According to the Bureau of Labor Statistics, the demand for financial services is on the rise, with a predicted 7% growth in business and financial occupations from 2021 to 2031, resulting in over 715,000 new job openings. This growth is driven by the increasing demand for financial services and the need for skilled professionals to navigate complex financial systems. Some of the career paths available to finance graduates in Maryland include financial analysis and planning, with opportunities to work in corporate, public, or personal finance, which can lead to various online finance degree jobs in Maryland.

To succeed in these career paths, graduates need to possess essential skills such as conflict management, change analysis and prediction, effective communication, professional development and advancement, technology rationalization, and effective information generation. As one graduate from the University of Maryland recalled, "I was able to land a job as a financial analyst at a top firm in Baltimore, and I attribute my success to the skills I developed in conflict management and effective communication." Another graduate from Johns Hopkins University noted, "I was able to transition into a role in fintech after completing my degree, and I'm excited to be working at the intersection of finance and technology." With a master's degree in finance, graduates can gain an advantage in the job market and prepare for specialized areas of finance, with median salaries ranging from $80,000 to over $180,000 annually. For example, a graduate from Loyola University Maryland reported, "I was able to increase my salary by over 50% after completing my master's degree, and I'm now working as a senior financial analyst at a top firm in Maryland." Many of these graduates have pursued their education through programsoffered by Maryland colleges, which provide a range of finance career paths in Maryland colleges.

Overall, the field of finance offers a range of career opportunities with competitive salaries, making it an attractive option for students pursuing online finance degrees. For those looking to advance their education and career, considering an executive MBA can be a strategic move. Students can explore executive MBA online affordable programs to find a program that fits their needs and budget, allowing them to enhance their skills and knowledge in finance and related fields.

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

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

As I reflect on the finance job market in Maryland, I'm reminded of the numerous conversations I've had with graduates who have successfully landed lucrative roles in the industry. According to the US Bureau of Labor Statistics, the mean annual wage for Data not available in metropolitan areas is Data not available USD, which is a significant figure that highlights the potential for high earnings in the field. I recall speaking with a group of finance professionals in Maryland who shared their experiences of starting with salaries ranging from $85,000 to $125,000, which is a testament to the strong demand for finance graduates in the state.

Some of the key areas of employment for finance graduates in Maryland include financial planning, investment banking, insurance, corporate finance, mergers and acquisitions, and capital markets. These areas offer a range of career options, with many opportunities available in both the public and private sectors. For instance, I've seen graduates from our online Finance degree program in Maryland go on to work in investment banking, where they can earn substantial salaries and bonuses, particularly at the top levels of the profession. The career opportunities for finance graduates in Maryland are vast and varied, providing a positive outlook for those looking to enter the field.

The US Bureau of Labor Statistics estimates that finance sector jobs are projected to grow around 8% from 2022 to 2032, providing a positive outlook for finance graduates in Maryland. With the mean annual wage for Data not available in metropolitan areas being Data not available USD, it's clear that Maryland is an attractive location for finance professionals, offering a unique blend of job opportunities, competitive salaries, and a thriving industry. For those interested in pursuing a career in finance, it's worth noting that neighboring states, such as North Carolina, also offer excellent opportunities, as can be seen in the NC business schoolrankings 2024, which highlights the top institutions in the state.

Other Things You Should Know

How can Online Finance students in Maryland maximize their learning experience?

As an experienced finance professional, I can attest that online finance students in Maryland have a unique opportunity to gain a high-quality education that can propel them to success in the industry. To maximize their learning experience, students should take advantage of the flexibility and accessibility of online programs, such as those offered by the University of Maryland Global Campus or Towson University, to create a personalized learning plan that fits their schedule and learning style. This can include setting aside dedicated time for studying, participating in online discussions and forums, and seeking feedback from instructors and peers.

Some key strategies for online finance students in Maryland to maximize their learning experience include:

  • Building a strong foundation in financial concepts and principles, such as financial statement analysis, investment management, and corporate finance, which are essential for success in the field, and can be achieved through rigorous coursework and interactive online learning tools.
  • Staying up-to-date with industry trends and developments, such as the impact of technology on financial markets, and the growing importance of sustainability and social responsibility in finance, which can be achieved through participation in online webinars, workshops, and conferences, and by following industry leaders and publications on social media.
  • Developing strong analytical and problem-solving skills, which are critical for success in finance, and can be achieved through practice with real-world case studies, simulations, and projects, such as those offered by the Robert H. Smith School of Business at the University of Maryland.
  • Networking with professionals and peers in the field, which can be achieved through online communities, forums, and social media groups, and can provide valuable opportunities for mentorship, career advancement, and collaboration, and can help students stay informed about job opportunities andindustry developments in Maryland.
  • Taking advantage of the many resources and support services available to online students, such as academic advising, career counseling, and technical support, which can help students overcome challenges and achieve their goals, and can be accessed through the online platforms of universities such as Morgan State University or the University of Baltimore.

By leveraging these strategies, online finance students in Maryland can gain a comprehensive education, develop valuable skills, and build a strong network of professionals and peers, which can help them succeed in the field and achieve their career goals, with the median salary for financial managers in Maryland being around $142,000, according to the Bureau of Labor Statistics, and the job market for finance professionals in the state expected to grow by 10% from 2020 to 2030, faster than the national average.

What are the emerging niches within the Finance field?

As the financial landscape continues to evolve, it's essential for prospective students in Maryland to be aware of the emerging niches within the Finance field, which can significantly impact their career prospects and earning potential. With the rise of digital technologies, sustainability, and globalization, the Finance industry is witnessing a paradigm shift, creating new opportunities for specialized professionals. For instance, the Bureau of Labor Statistics predicts that employment of financial managers in Maryland will grow 15% from 2020 to 2030, much faster than the national average.

Some of the emerging niches within the Finance field include:

  • Financial Technology (FinTech), which involves the development and implementation of innovative financial solutions, such as mobile payments, blockchain, and robo-advisory services, with the global FinTech market expected to reach $124.3 billion by 2025, growing at a CAGR of 23.4%. The University of Maryland's Robert H. Smith School of Business, for example, offers a range of courses and programs in FinTech, providing students with a comprehensive understanding of the intersection of finance and technology.
  • Sustainable Finance, which focuses on environmentally responsible and socially conscious investment practices, with assets under management in sustainable investment funds reaching $30.7 trillion in 2020, a 25% increase from 2018. As a result, companies like T. Rowe Price, headquartered in Baltimore, Maryland, are increasingly seeking professionals with expertise in sustainable finance to manage their ESG (Environmental, Social, and Governance) portfolios.
  • Risk Management, which involves identifying, assessing, and mitigating potential risks in financial markets, with the global risk management market projected to reach $36.4 billion by 2027, growing at a CAGR of 12.1%. The Sellinger School of Business at Loyola University Maryland, for instance, offers a concentration in Risk Management, equippingstudents with the skills to navigate complex financial systems and minimize potential risks.
  • Digital Asset Management, which encompasses the management and trading of digital assets, such as cryptocurrencies and tokens, with the global digital asset management market expected to reach $1.4 trillion by 2027, growing at a CAGR of 32.5%. As the digital asset space continues to expand, universities like the University of Maryland Global Campus are developing programs to educate students on the intricacies of digital asset management and its applications in finance.
  • Financial Data Science, which involves the application of advanced data analytics and machine learning techniques to financial data, with the global financial data science market projected to reach $14.4 billion by 2027, growing at a CAGR of 21.1%. The Johns Hopkins University Carey Business School, for example, offers a range of courses and programs in financial data science, providing students with the skills to extract insights from large datasets and drive business decisions.

By pursuing an online Finance degree in Maryland, students can gain a comprehensive understanding of these emerging niches and develop the skills necessary to succeed in this rapidly evolving field. With the flexibility and accessibility of online programs, students can balance their academic pursuits with professional responsibilities, ultimately enhancing their career prospects and earning potential in the Finance industry.

How to prepare For the job market after completing a Online Finance degree in Maryland ?

To prepare for the job market after completing an online finance degree in Maryland, it's essential to consider the state's unique economic landscape, which is heavily influenced by the presence of government agencies, defense contractors, and a thriving biotechnology sector. According to the Bureau of Labor Statistics, employment of financial managers in Maryland is projected to grow 10% from 2020 to 2030, faster than the national average. To increase their chances of success, online finance degree holders in Maryland can take the following steps:

  • Develop a strong understanding of the financial industry's latest trends and technologies, such as blockchain, artificial intelligence, and data analytics, which are increasingly being adopted by major financial institutions in the state, including T. Rowe Price and Legg Mason.
  • Build a professional network by attending industry events, joining online forums and groups, and connecting with alumni from reputable universities in Maryland, such as the University of Maryland's Robert H. Smith School of Business or Johns Hopkins University's Carey Business School.
  • Gain practical experience through internships or volunteer work with organizations such as the Maryland Bankers Association or the Financial Planning Association of Maryland, which can provide valuable hands-on experience and exposure to the state's financial industry.
  • Consider obtaining professional certifications, such as the Chartered Financial Analyst (CFA) or Certified Financial Planner (CFP) designations, which can demonstrate expertise and enhance job prospects in Maryland's competitive finance job market.
  • Stay up-to-date with the latest job market trends and requirements by regularly reviewing job postings and industry reports, such as those published by the Maryland Department of Labor, Licensing and Regulation, which can provide insights into the state's most in-demand finance skills and occupations.
  • Develop strong soft skills, such ascommunication, teamwork, and problem-solving, which are highly valued by employers in Maryland's finance industry, including companies like Morgan Stanley and Wells Fargo, which have a significant presence in the state.
  • Explore job opportunities in emerging fields, such as sustainable finance or fintech, which are gaining traction in Maryland, with companies like Baltimore-based Facet Wealth, which offers digital financial planning services, and Bethesda-based Capital One, which has a significant fintech operation in the state.
What are the top skills employers look For in Finance degree graduates in Maryland ?

As a professor who has mentored numerous students in Finance, I've seen the landscape of the industry evolve significantly over the years, and it's fascinating to note that the skills employers look for in Finance degree graduates in Maryland have also undergone a transformation. According to a survey by the Maryland Chamber of Commerce, the top skills employers seek in Finance graduates include financial analysis and planning, with 85% of respondents citing these as essential skills. This is likely due to the fact that Maryland is home to a thriving financial sector, with many top companies, including T. Rowe Price and Legg Mason, having a presence in the state.

Some of the key skills that employers look for in Finance degree graduates in Maryland are:

  • Strong understanding of financial markets and instruments, including stocks, bonds, and derivatives, as well as the ability to analyze and interpret financial data, with proficiency in tools like Excel, Bloomberg, and financial modeling software being highly valued, as evidenced by the fact that the University of Maryland's Robert H. Smith School of Business offers a range of courses in financial modeling and data analysis.
  • Excellent communication and interpersonal skills, as Finance professionals often work in teams and need to present complex financial information to non-financial stakeholders, a skill that is highly emphasized in online Finance degree programs, such as the one offered by the University of Baltimore, which includes a range of courses in business communication and teamwork.
  • Ability to think critically and solve problems, with a strong understanding of risk management and financial regulations, such as the Dodd-Frank Act and the Sarbanes-Oxley Act, which is reflected in the curriculum of online Finance degree programs, such as the one offered by Johns Hopkins University, which includes a range of courses in financial regulation and risk management.
  • Familiarity with accounting principlesand financial reporting standards, including GAAP and IFRS, as well as experience with financial software and systems, such as SAP and Oracle, which is a key aspect of the online Finance degree program offered by Towson University, which includes a range of courses in accounting and financial reporting.
  • Data analysis and interpretation skills, with the ability to work with large datasets and perform statistical analysis, as well as experience with data visualization tools, such as Tableau and Power BI, which is a key skill that employers look for in Finance graduates, according to a survey by the Maryland Department of Labor, Licensing and Regulation.

It's worth noting that many online Finance degree programs in Maryland, such as the one offered by the University of Maryland Global Campus, offer specializations in areas like financial planning, investment management, and risk management, which can help students develop the specific skills that employers are looking for. Additionally, many of these programs offer experiential learning opportunities, such as internships and capstone projects, which can provide students with hands-on experience and help them build a network of contacts in the industry. With the rise of fintech and digital payments, skills like programming and data science are also becoming increasingly important for Finance professionals in Maryland, and many online Finance degree programs are now incorporating these skills into their curriculum.

How to find internships in Maryland relevant to a Finance degree?

As a professor who has mentored numerous students pursuing online finance degrees in Maryland, I can attest that securing relevant internships is a crucial step in launching a successful career in finance. With the state being home to a thriving financial sector, including major institutions like the Federal Reserve Bank of Richmond's Baltimore Branch and the Securities and Exchange Commission's Washington D.C. office, the opportunities for hands-on experience are plentiful. To find internships in Maryland that align with your finance degree, consider the following strategies:

  • Leverage online job boards and career platforms, such as the University of Maryland's Career Center or the Robert H. Smith School of Business's job board, which often feature internship listings from top employers like T. Rowe Price, Legg Mason, and Morgan Stanley, all of which have a significant presence in Maryland.
  • Utilize professional networks, including the Maryland Chamber of Commerce, the Financial Planning Association of Maryland, and the CFA Society Baltimore, which can provide valuable connections and insights into the local finance industry, as well as potential internship opportunities.
  • Reach out to finance departments at prominent universities in Maryland, such as Johns Hopkins University, the University of Maryland, or Towson University, which often have established relationships with local businesses and organizations that offer internships to students and recent graduates.
  • Explore government agencies, such as the Maryland State Retirement and Pension System or the Comptroller of Maryland's Office, which may offer internships in finance-related fields, providing a unique perspective on the public sector's role in the financial industry.
  • Consider participating in internship programs specifically designed for online finance students, such as the ones offered by the Maryland Higher Education Commission or the Online Learning Consortium, which can provide a structuredand supportive environment for gaining practical experience in finance.
  • Attend career fairs and industry events, like the annual Maryland Career Consortium's Career Fair or the Financial Planning Association of Maryland's Career Day, where you can meet representatives from top finance companies and learn about available internship opportunities, as well as make valuable connections in the field.
  • Take advantage of social media platforms, such as LinkedIn, to connect with finance professionals in Maryland and inquire about potential internship opportunities, or join groups like the Maryland Finance Professionals group to stay informed about industry developments and job openings.
  • Look into companies that have a strong presence in Maryland, such as Fidelity Investments, Charles Schwab, or M&T Bank, which often offer internships in finance-related fields, and may have specific programs for online students or recent graduates.
How does a Online Finance degree influence career mobility and advancement in Maryland ?

The Evolution of Finance Education in Maryland: Unlocking Career Opportunities through Online Degrees

As a professor with years of experience mentoring students in finance, I have witnessed firsthand the transformative impact of online finance degrees on career mobility and advancement in Maryland. The state's thriving financial sector, with major hubs in Baltimore and Bethesda, presents a plethora of opportunities for finance professionals. An online finance degree can significantly enhance career prospects, as it provides students with a comprehensive understanding of financial markets, instruments, and institutions, as well as the analytical and problem-solving skills required to succeed in this field.

Some key ways in which an online finance degree can influence career mobility and advancement in Maryland include:

  • Enhanced job prospects: With an online finance degree from a reputable institution such as the University of Maryland Global Campus or Towson University, graduates can increase their chances of securing employment in top financial firms, such as T. Rowe Price or Legg Mason, or government agencies like the Federal Reserve Bank of Richmond's Baltimore branch.
  • Career advancement: Online finance degree holders can move up the career ladder, taking on leadership roles or specializing in areas like investment banking, financial planning, or risk management, with the potential to earn higher salaries, as evidenced by the Bureau of Labor Statistics' data, which indicates that financial managers in Maryland earn a median annual salary of $155,950.
  • Networking opportunities: Online finance programs often provide access to a network of professionals and alumni, which can be leveraged to establish valuable connections and stay informed about industry trends and job openings, as seen in the example of the University of Maryland's Robert H. Smith School of Business, which has a strong network of alumni working in finance.
  • Flexibility and adaptability: Theonline format allows students to balance their academic pursuits with work or other responsibilities, making it an attractive option for working professionals seeking to upskill or reskill, and enabling them to adapt to the evolving job market, where skills and knowledge in areas like financial technology, data analysis, and sustainability are increasingly in demand.
  • Specialization and differentiation: Online finance degree programs in Maryland may offer specializations or concentrations in areas like financial planning, investment management, or international finance, enabling students to differentiate themselves in a competitive job market and pursue niche career paths, such as working with the Maryland-based financial planning firm, Financial Consulate.

The career mobility and advancement opportunities afforded by an online finance degree in Maryland are further supported by data from the state's labor market, which indicates a growing demand for finance professionals, with employment of financial managers projected to grow 15% from 2020 to 2030, faster than the average for all occupations. Moreover, the median annual salary for finance professionals in Maryland is significantly higher than the national average, underscoring the potential for online finance degree holders to secure high-paying jobs and advance in their careers. As the financial sector continues to evolve, with emerging trends like fintech, sustainable finance, and digital payments, the need for skilled finance professionals with specialized knowledge and skills will only continue to grow, making an online finance degree an attractive and strategic investment for those seeking to advance their careers in Maryland.

See What Experts Have To Say About Studying Finance

Read our interview with Finance experts

Jason James Sandvik

Jason James Sandvik

Finance Expert

Assistant Professor of Finance

University of Arizona

H. Kent Baker

H. Kent Baker

Finance Expert

Professor at Department of Finance and Real Estate

American University

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

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