By: MOFD Staff
An MBA in Finance is an ideal degree for anyone wanting to work with financial markets, but understand the wider world of business. Better yet, just such a degree is now offered by many universities as an online program. This means you can earn an MBA on your own terms, from anywhere in the world.
Of course, not all online MBAs are created equal. That’s why Master of Finance Degrees went on the hunt for the very best MBA in Finance degree programs that can be completed online. We started by compiling a list of all four-year universities that offer an online MBA with a concentration, specialization, or focus on finance. We then narrowed down our list to just 40 using the following points-based system: Note: In the event of a tie in points, the higher ranking was awarded to the degree program with the lower tuition rate. All tuition and other numbers are accurate as of January 2021.
Student to Faculty Ratio:
12:1 and lower : 5 points
13:1 to 15:1 : 4 points
16:1 to 20:1 : 3 points
21:1 and higher : 2 points
Out-of-State Tuition Cost (per year):
Under $10,000 : 5 points
$10,001 – $20,000 : 4 points
$20,001 – $30,000 : 3 points
$30,001 – $40,000 : 2 points
$40,001 and higher : 1 point
Overall Graduation Rate:
50% and above : 3 points
25% – 49% : 2 points
24% and below : 1 point
20-Year Net Return on Investment (ROI):
10% and above: 5 points
8%-9% : 4 points
6%-7% : 3 points
4%-5% : 2 points
3% and below : 1 point
#40. Golden Gate University
Online MBA w/ a concentration in Finance
San Francisco, California
School Profile
Tuition: $19,620
Points: 9
Golden Gate University began life as the YMCA Evening College. The school offers an online master of business administration degree with a concentration in finance. It’s a 54-credit hour program, with a 12:1 student to faculty ratio. Course titles cover such subjects as business planning and operations. The cost for this graduate program is $1,090 for each online credit hour. Golden Gate University is accredited by the Western Association of Schools and Colleges, Senior College and University Commission.
#39. University of Miami
Online MBA w/ Corporate Finance Focus
Coral Gables, Florida
School Profile
Tuition: $37,800
Points: 8
The University of Miami’s school motto is, “Great is the Truth.” It has an impressive student/faculty ratio of 12:1. The school offers a master of business administration degree with a focus on corporate finance. It’s a 42-credit hour online program and includes coursework in business financing and management. The University of Miami charges an online, graduate tuition rate of $2,170 per credit hour for this program. The school is accredited by the Southern Association of Colleges and Schools, Commission on Colleges.
#38. University of North Carolina at Chapel Hill
Online MBA w/ a concentration in Finance
Chapel Hill, North Carolina
School Profile
Tuition: $62,794
Points: 10
With its first students enrolling in 1795, the University of North Carolina at Chapel Hill recently celebrated its 225th year. The school offers an online master of business administration with a concentration in corporate finance. It’s a 62-credit hour program including coursework in business strategy and management. It has a student/faculty ratio of 13:1. The online, graduate tuition rate for this University program is $2,025.63 per credit hour. The above tuition rate is one-half of the full program cost, as stated on the program’s website. The school is accredited by the Southern Association of Colleges and Schools, Commission on Colleges.
#37. The University of Texas at Dallas
Online Professional MBA w/ a concentration in Finance
Richardson, Texas
School Profile
Tuition: $35,352
Points: 10
The University of Texas at Dallas was established in 1961. The school offers an online professional master of business administration degree with a concentration in finance. It’s a 53-semester-credit hour program including coursework in investment management and business financing. The school charges an out-of-state graduate tuition rate of $17,676 per semester for this online program. The University of Texas at Dallas is accredited by the Southern Association of Colleges and Schools, Commission on Colleges.
#36. University of Colorado
Online MBA in Finance
Boulder, Colorado
School Profile
Tuition: $31,284
Points: 10
University of Colorado offers an online MBA designed especially for working professionals. Students may choose to focus their degree on finance, in which case they’ll learn specialized skills in:
- investments
- corporate finance
- financial institutions
#35. Northeastern University
Online MBA w/ a concentration in Finance
Boston, Massachusetts
School Profile
Tuition: $41,000
Points: 11
Northeastern University was established in 1898. It has a student/faculty ratio of 14:1. The school offers an online master of business administration degree with a concentration in finance. It’s a 50-credit hour program including coursework in mergers and business turnarounds. The total cost of the program is $82,000, and it typically takes two years to complete. Northeastern University is accredited by the New England Association of Schools and Colleges, Commission on Institutions of Higher Education.
#34. Syracuse University
Online MBA w/ Finance Specialization
Syracuse, New York
School Profile
Tuition: $38,880
Points: 11
Syracuse University’s school motto is, “Knowledge Crowns Those Who Seek Her.” The school offers an online master of business administration degree with a specialization in finance. It’s a 54-credit hour program with a student/faculty ratio of 15:1. Coursework includes managerial finance and strategic management. The program typically takes 24 months to complete. The school is accredited by the Middle States Commission on Higher Education.
#33. Florida International University
Online Professional MBA w/ a specialization in Finance
Miami, Florida
School Profile
Tuition: $21,393
Points: 11
Florida International University is classified as a research university by the Florida Legislature. The school offers an online master of business administration degree with a concentration in finance . It’s a 42-credit hour program including coursework in banking and financial markets. Florida International University offers a rate of $1,000 for each credit hour for this online graduate program. The school is accredited by the Southern Association of Colleges and Schools, Commission on Colleges.
#32. Quinnipiac University
Online MBA w/ a concentration in Finance
Hamden, Connecticut
School Profile
Tuition: $16,418
Points: 11
Quinnipiac University was established in 1929 and offers a professional master of business administration degree with a concentration in finance. It’s a 46-credit hour, online program including coursework in financial statement analysis and portfolio theory. The school charges an online, graduate tuition rate of $955 for a credit hour of this program. It has a student/faculty ratio of 12 to 1. Quinnipiac University is accredited by the New England Association of Schools and Colleges, Commission on Institutions of Higher Education.
#31. Southern New Hampshire University
Online MBA w/ a concentration in Finance
Manchester, New Hampshire
School Profile
Tuition: $9,405 (maximum of 15 credits)
Points: 11
Southern New Hampshire University is a major player in online higher education. The school offers an online master of business administration degree with a concentration in finance. It’s a 48-credit hour program. Courses cover titles such as short-term financial management and investment analysis. The cost for each credit hour of this Southern New Hampshire University online program is $627. However, students can also take 15 credits a year for $9,405. The school is accredited by the New England Association of Schools and Colleges, Commission on Institutions of Higher Education. SNHU offers a 22:1 student-to-faculty ratio.
#30. University of Maryland Global Campus
Online MBA w/ a specialization in Finance
College Park, Maryland
School Profile
Tuition: $11,862
Points: 11
The University of Maryland College Park began life as an agricultural school but has become a top-rated research institution. The school offers an online master of business administration degree with a concentration in finance. It’s a 54-credit hour program that includes coursework in capital markets and commercial bank management. It has a student/faculty ratio of 19:1. The school is accredited by the Middle States Commission on Higher Education.
#29. Concordia University-Wisconsin
Online MBA in Finance
Mequon, Wisconsin
School Profile
Tuition: $11,052
Points: 11
Concordia University-Wisconsin is affiliated with the Lutheran Church, Missouri Synod. It has a student/ faculty ratio of 12:1. The school offers an online master of business administration degree with a concentration in finance. The program calls for 36 credit hours and has coursework in STEM and risk assessment. The cost for this online, graduate program is $760 per credit hour. Concordia University-Wisconsin is accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools.
#28. University of Arizona
Online MBA w/ a concentration in Finance
Tucson, Arizona
School Profile
Tuition: $32,065
Points: 12
The University of Arizona is a public research institution of higher learning that was founded in 1885. The school offers a 45-credit hour, online master of business administration degree which can be completed in as few as 14 months. The online graduate tuition cost for each credit hour for this program is $1,145. Coursework includes business communications and marketing. The program has a ratio of student/faculty of 15:1. Accreditation for the University of Arizona is awarded by the Higher Learning Commission of the North Central Association of Schools and Colleges.
#27. George Washington University
Online MBA w/ a concentration in Finance
Washington, D.C.
School Profile
Tuition: $31,770
Points: 12
George Washington University is a private institution of higher learning chartered by an act of Congress. It offers an online master of business administration degree with a concentration in finance that. The 46.5 credit hour program includes coursework in global perspectives and business ethics. It has a student/faculty ratio of 13:1. The school is accredited by the Middle States Commission on Higher Education.
#26. University of Delaware
Online MBA w/ a focus in Finance
Newark, Delaware
School Profile
Tuition: $31,350
Points: 12
The University of Delaware is the largest institution of higher learning in the state. It offers an online master of business administration with a concentration in finance. The program requires 44 credit hours, and includes coursework in financial reporting and analytics. The student/faculty ratio is 15:1. Regardless of residency, the cost for the graduate program is $950 for each online credit hour. The University of Delaware is accredited by the Middle States Commission on Higher Education.
#25. American University
Online MBA w/ a focus in Finance
Washington, D.C.
School Profile
Tuition: $30,351
Points: 12
American University is a private, United Methodist-affiliated school chartered by an act of Congress in 1893. It has a student/faculty ratio of 12:1. The school offers a master of business administration degree with a concentration in finance. It’s a 48-credit hour online program including coursework in forensic accounting and fraud examination. The school is accredited by the Middle States Commission on Higher Education.
#24. Washington State University
Online MBA in Finance
Pullman, Washington
School Profile
Tuition: $25,248
Points: 12
Washington State University was established in 1890. It has a student/faculty ratio of 16:1. The school offers an online master of business administration degree with a concentration in finance. It’s a 36-credit hour program including coursework in data analysis for managers and business law. Washington State University is accredited by the Northwest Commission on Colleges and Universities.
#23. University of Colorado, Colorado Springs
Online MBA w/ a specialization in Finance
Colorado Springs, Colorado
School Profile
Tuition: $24,438
Points: 12
The University of Colorado, Colorado Springs’ mascot is Boomer, the mountain lion. The school offers an online master of business administration degree with a concentration in finance. It’s a 36-45 credit hour program, maintaining a student/faculty ratio of 15:1. Course titles cover such subjects as marketing strategy and information systems. For this online, graduate program, the University of Colorado, Colorado Springs offers a non-resident rate of $2,653 per course. The school is accredited by the Higher Learning Commission of the North Central Association of Schools and Colleges.
#22. Ball State University
Online MBA w/ a concentration in Finance
Muncie, Indiana
School Profile
Tuition: $21,954
Points: 12
Ball State University began life as a teacher’s college in 1918. It offers a 30-33 credit hour, online master of business administration degree with a concentration in finance. It includes coursework in insurance and global financial policy. The school charges a rate of $661 for each credit hour for this online, graduate program. It has a 14:1 student/faculty ratio. Ball State University is accredited by the Higher Learning Commission of the North Central Association of Schools and Colleges.
#21. Pennsylvania State University
Online MBA w/ a concentration in Finance
University Park, Pennsylvania
School Profile
Tuition: $21,682
Points: 12
Pennsylvania State University was established in 1830. The school’s motto is, “Making Life Better.” It has a student/faculty ratio of 14:1. The school offers an online master of business administration degree with a concentration in finance. It charges an online, graduate tuition rate of $1,236 for each credit hour, without regard to residency. This 48-credit hour program includes coursework in leadership communications and team performance. Pennsylvania State University is accredited by the Middle States Commission on Higher Education.
#20. Nova Southeastern University
Online MBA w/ a major in Finance
Fort Lauderdale, Florida
School Profile
Tuition: $19,665
Points: 12
Nova Southeastern University was established in 1964. The school offers an online master of business administration degree with a concentration in finance. It’s a 40-49 credit hour program. It has a student/faculty ratio of 17:1. Coursework includes banking and investments. Nova Southeastern University is accredited by the Southern Association of Colleges and Schools, Commission on Colleges.
#19. Florida Atlantic University
Online MBA w/ a concentration in Finance
Boca Raton, Florida
School Profile
Tuition: $16,000
Points: 12
With the Owl as their school mascot, Florida Atlantic University offers an online master of business administration degree with a concentration in finance. It’s a 40- to 46-credit hour program. Coursework includes graduate business communication and global environment of management. The out-of-state tuition charge for this online, graduate program is $800 for each credit hour. Florida Atlantic University is accredited by the Southern Association of Colleges and Schools, Commission on Colleges.
#18. Marist College
Online MBA w/ a concentration in Financial Management
Poughkeepsie, New York
School Profile
Tuition: $15,300
Points: 12
Marist College is located in the scenic Hudson River Valley. It has a student to faculty ratio of 16 to 1, the school offers an online master of business administration degree with a concentration in financial management that is a 36-credit hour program. The school offers an online, graduate tuition rate of $800 per credit hour for this program, and courses cover such subjects as corporate financial theory and financial statement analysis. Marist College is accredited by the Middle States Commission on Higher Education.
#17. Liberty University
Online MBA w/ specialization in Finance
Lynchburg, Virginia
School Profile
Tuition: $7,980
Points: 12
Liberty University was established by televangelist Jerry Falwell in 1971. It offers a 45-credit hour, online master of business administration degree with a specialization in finance. The program maintains a student/faculty ratio of 17:1 and includes coursework in biblical financial planning and business valuation. The school is accredited by the Southern Association of Colleges and Schools, Commission on Colleges.
#16. Drexel University
Online MBA w/ a concentration in Finance
Philadelphia, Pennsylvania
School Profile
Tuition: $35,181
Points: 13
Drexel University consistently ranks among the top schools in the nation for business, and its online MBA is no exception. Students may choose to concentrate their MBA from Drexel in finance. The curriculum is flexible, and students graduate with a solid set of problem-solving and leadership skills. A unique dual degree option is also available. It allows students to pair their MBA with a related master of science degree. This 49-credit online MBA can be completed in as few as 18 months.
#15. Villanova University
Online MBA w/ a specialization in Finance
Villanova, Pennsylvania
School Profile
Tuition: $33,000
Points: 13
Villanova University is the oldest Catholic institution of higher learning in Pennsylvania. It offers a master of business administration degree with a concentration in finance. The online program requires 48 credit hours and includes coursework in performance management and data leveraging. Villanova University charges a rate of $1,375 for each credit hour for this online, graduate program, which maintains a student/faculty ratio of 11:1. The school is accredited by the Middle States Commission on Higher Education.
#14. Johns Hopkins University
Online MBA w/ a specialization in Financial Management
Baltimore, Maryland
School Profile
Tuition: $32,940
Points: 13
Johns Hopkins University was established in 1876 and named for its founder, a prominent abolitionist. The school offers a master of business administration degree with a concentration in financial businesses. It’s a 54-credit hour online program. It has a student/faculty ratio of 6:1. It includes coursework in business law and decision models. Johns Hopkins University charges a graduate tuition rate of $1,525 per credit hour for this online program. The tuition listed above is based on completing the MBA in 2.5 years. The school is accredited by the Middle States Commission on Higher Education.
#13. Azusa Pacific University
Online MBA in Finance
Azusa, California
School Profile
Tuition: $28,224
Points: 13
Azusa Pacific University offers an online master of business administration which gives students the option to focus on finance. Typically, the 42- to 47-unit degree takes full-time students 15 months to complete, though some students take as long as 30 months. Classes may be completed wherever and whenever is most convenient, but are designed so students may interact with classmates and professors.
#12. University of Massachusetts Lowell
Online MBA w/ a concentration in Finance
Lowell, Massachusetts
School Profile
Tuition: $19,650
Points: 13
The University of Massachusetts Lowell was established in 1894. The school offers an online master of business administration degree with a concentration in finance. It’s a 30-42 credit hour program including coursework in operations fundamentals and organizational behavior. It has a student/faculty ratio of 17:1. The University of Massachusetts Lowell offers a per-credit-hour tuition rate of $655 for this program, without regard to residency. The school is accredited by the New England Association of Schools and Colleges, Commission on Institutions of Higher Education.
#11. Benedictine University
Online MBA w/ a concentration in Finance
Lisle, Illinois
School Profile
Tuition: $18,273
Points: 13
Established in 1887, Benedictine University has an online master of business administration degree with a concentration in financial management. The program is 48 credit hours. Coursework covers such titles as financial accounting and economics. Benedictine University offers a tuition rate of $625 for each credit hour for this online, graduate program. It a student/faculty ratio of 14:1. The school is accredited by the Higher Learning Commission of the North Central Association of Schools and Colleges.
#10. Temple University
Online MBA w/ a concentration in Financial Management
Philadelphia, Pennsylvania
School Profile
Tuition: $16,956
Points: 13
Temple University’s motto is, “Perseverance Conquers.” Temple offers an online master of business administration degree with a concentration in financial management. It’s a 4-5 semester program. Coursework includes financial acuity and leadership. Temple University is accredited by the Middle States Commission on Higher Education.
#9. University of Massachusetts Amherst
Online MBA w/ a focus in Finance
Amherst, Massachusetts
School Profile
Tuition: $14,014
Points: 13
The University of Massachusetts is a land-grant school that was founded in 1863. The school has an online master of business administration degree with a focus in finance. It has a student/faculty ratio of 17:1. It’s a 39 credit hour program, which includes coursework in operations management and business law. The University of Massachusetts requires a graduate, credit hour rate of $900 for this online program. The total cost is $39,500. The school is accredited by the New England Association of Schools and Colleges, Commission on Institutions of Higher Education.
#8. Arkansas State University
Online MBA w/ a concentration in Finance
Jonesboro, Arkansas
School Profile
Tuition: $9,972
Points: 13
Arkansas State University was established in 1909 and has an online master of business administration degree with a concentration in finance. The program requires 36 credit hours. It has a student/faculty ratio of 18:1. Coursework includes international financial markets and healthcare finance. Arkansas State University offers a rate of $610 for each online, graduate credit hour, regardless of residency. The school is accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools.
#7. Lehigh University
Online FLEX MBA w/ a concentration in Finance
Bethlehem, Pennsylvania
School Profile
Tuition: $27,000
Points: 14
Founded in 1865, Lehigh University is a private research institution of higher learning. It offers an online master of business administration degree with a concentration in finance. The program includes coursework in managing information and managing people. It has a 9:1 student/faculty ratio. The cost per online, graduate credit hour of $1,500 is charged for this 36-credit hour program. Lehigh University is accredited by the Middle States Commission on Higher Education.
#6. University of Houston, Clear Lake
Online MBA w/ a concentration in Finance
Houston, Texas
School Profile
Tuition: $17,568
Points: 14
The University of Houston-Clear Lake was established in 1971 and offers a 36 credit hour, online master of business administration degree with a concentration in finance. It includes coursework in managerial economics and human behavior in organizations. The University of Houston-Clear Lake charges an online, out of state, graduate tuition rate of $1,790 per course. It has a student/faculty ratio of 17:1. The school is accredited by the Southern Association of Colleges and Schools, Commission on Colleges.
#5. Saint Joseph’s University
Online MBA w/ a concentration in Corporate Financial Management
Philadelphia, Pennsylvania
School Profile
Tuition: $17,334
Points: 14
Saint Joseph’s University was established by the Society of Jesus in 1851. The program is unique in that students are able to build their own MBA curriculum by pairing different certificates. Corporate financial management is one of nine different certificate options. Saint Joseph’s University charges an online, graduate, part-time fee of $1,107 for each credit hour. The program maintains an 10:1 student/faculty ratio. The school is accredited by the Middle States Commission on Higher Education.
#4. University of Nebraska, Lincoln
Online MBA w/ a specialization in Finance
Lincoln, Nebraska
School Profile
Tuition: $15,600
Points: 14
The University of Nebraska-Lincoln is the state’s oldest institution of higher learning and offers an online master of business administration degree with a specialization in finance. Coursework includes portfolio management and capital markets. For each online credit hour for this 48-hour program, the University of Nebraska-Lincoln charges a graduate, non-resident tuition rate of $650. The school is accredited by the Higher Learning Commission of the North Central Association of Schools and Colleges and has a student-to-faculty ratio of 18:1.
#3. University of Alabama at Birmingham
Online MBA w/ a concentration in Finance
Birmingham, Alabama
School Profile
Tuition: $8,100
Points: 14
The University of Alabama-Birmingham is a public research university that was established in 1966. The school offers an online master of business administration degree with a concentration in finance. It calls for 39 credit hours and includes courses such as quantitative analysis and economics for managers. The program has a student/faculty ratio of 19:1. the University of Alabama Birmingham charges $1,000 for each online, graduate credit hour. The school is accredited by the Southern Association of Colleges and Schools, Commission on Colleges.
#2. East Carolina University
Online MBA w/ a concentration in Finance
Greenville, North Carolina
School Profile
Tuition: $4,749
Points: 14
Anyone looking for an MBA in Finance degree that is AACSB accredited, available entirely online, and extremely affordable would do well to look at East Carolina University. Uniquely, no business experience or prerequisites are required to pursue this online MBA. Eighteen courses are required, including Topics in Finance, Analysis of the Business Economic Environment, and Real Estate Analysis, to name but three.
#1. Fitchburg State University
Online MBA in Accounting
Fitchburg, Massachusetts
School Profile
Tuition: $12,510
Points: 15
Fitchburg State University’s motto in English is, “Perseverance.” It has a student/faculty ratio of 13:1. The school offers an online, 30-credit hour master of business administration degree with a concentration in accounting. Coursework covers subjects such as advanced managerial accounting and accounting information systems. The MBA takes 12 months to complete, and tuition is the same for residents and non-residents. Fitchburg State University is accredited by the New England Association of Schools and Colleges, Commission on Institutions of Higher Education.
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