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Financial Analyst Schools and Colleges in the U.S.

An advanced degree, such as a Master of Business Administration, is highly desirable for aspiring financial analysts; however, many financial analysts have only an undergraduate degree. Acceptable undergraduate areas of study include accounting, statistics, finance and business.

Financial analysts assess and provide guidance to businesses and individuals on different types of investments. This career field can be entered by completing a relevant undergraduate degree or a Master of Business Administration (MBA) program.

Top 10 Finance Schools

Students considering a career as a financial analyst have a number of highly-rated schools to choose from.

University Location Institution Type Degrees Offered Tuition (2015-2016, Undergrad in- & out-of-state)*
University of Pennsylvania Philadelphia, PA 4-year, Private Bachelor's, Master's, Doctoral, Postgrad certificate $49,536
New York University New York, NY 4-year, Private Associate's, Bachelor's, Master's, Doctoral, Postgrad certificate $47,750
University of Michigan - Ann Arbor Ann Arbor, MI 4-year, Public Bachelor's, Master's, Doctoral $13,856; $43,476
Massachusetts Institute of Technology Cambridge, MA 4-year, Private not-for-profit Bachelor's, Master's, Doctoral $46,704
University of California - Berkeley Berkley, CA 4-year, Public Bachelor's, Master's, Doctoral $13,431; $38,139
University of Texas - Austin Austin, TX 4-year, Public Undergrad certificate, Bachelor's, Master's, Doctoral $9,806; $34,676
University of Virginia Charlottesville, VA 4-year, Public Bachelor's, Master's, Doctoral $15,192; $44,365
Carnegie Mellon University Pittsburgh, PA 4-year, Private Bachelor's, Master's, Doctoral $50,665
University of North Carolina - Chapel Hill Chapel Hill, NC 4-year, Public Bachelor's, Master's, Doctoral $8,591; $33,673
Indiana University - Bloomington Bloomington, IN 4-year, Public Undergrad certificate, Associate's, Bachelor's, Master's, Doctoral, Postgrad certificate $10,388; $33,741

*Source: NCES College Navigator

School Selection Criteria

Students interested in financial analyst programs may want to keep these considerations in mind:

  • Graduates of an MBA program generally have a better chance of securing financial analyst positions than job candidates who hold only an undergraduate degree.
  • The ranking of a school and its internship opportunities are two key criteria for selecting the right school.
  • Potential MBA students may want to consider business schools that offer career placement services.
  • Consider if the schools expose students to a rigorous curriculum supplemented by career services and job placement as they approach graduation.

Program quality is an important consideration when choosing a finance program, as a job applicant who has an undergraduate degree in finance from a top-ranked business school may be looked at just as favorably as an MBA graduate from an average-to-good business school. In addition to quality, prospective students may also want to consider factors such as location, career goals, and cost when selecting a school.

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