Technical analysis is the use of systematic methods to analyze the market performance of stocks, bonds, commodities and other financial instruments. Business administration and financial analysis degree programs can lead to work in technical analysis.
Top 10 Business Schools
These schools offer prime programs in business and/or financial analysis.
|College/University||Location||Institution Type||Degrees Offered||Tuition and Fees (2018-2019)*|
|University of Pennsylvania||Philadelphia, PA||4-year, Private not-for-profit||Bachelor's, Master's, Doctoral||Undergrad: $54,976
|Massachusetts Institute of Technology||Cambridge, MA||4-year, Private not-for-profit||Bachelor's, Master's, Doctoral||Undergrad: $51,832
|University of California - Berkeley||Berkeley, CA||4-year, Public||Bachelor's, Master's, Doctoral||Undergrad: $14,184 in-state, $43,176 out-of-state
Grad: $14,131 in-state, $29,233 out-of-state
|University of Michigan - Ann Arbor||Ann Arbor, MI||4-year, Public||Bachelor's, Master's, Doctoral||Undergrad: $15,262 in-state, $49,350 out-of-state
Grad: $23,456 in-state, $47,006 out-of-state
|New York University||New York, NY||4-year, Private not-for-profit||Bachelor's, Master's, Doctoral, Postgraduate Certificate||Undergrad: $51,828
|University of Virginia||Charlottesville, VA||4-year, Public||Bachelor's, Master's, Doctoral||Undergrad: $17,653 in-state, $49,032 out-of-state
Grad: $18,848 in-state, $29,660 out-of-state
|Carnegie Mellon University||Pittsburgh, PA||4-year, Private not-for-profit||Bachelor's, Master's, Doctoral||Undergrad: $55,465
|University of North Carolina - Chapel Hill||Chapel Hill, NC||4-year, Public||Bachelor's, Master's, Doctoral||Undergrad: $8,987 in-state, $35,170 out-of-state
Grad: $12,212 in-state, $29,423 out-of-state
|University of Texas - Austin||Austin, TX||4-year, Public||Bachelor's, Master's, Doctoral, Undergraduate Certificate||Undergrad: $10,610 in-state, $37,580 out-of-state
Grad: $11,742 in-state, $22,564 out-of-state
|Cornell University||Ithaca, NY||4-year, Private not-for-profit||Master's, Doctoral||$29,584|
*Source: NCES College Navigator
School Selection Criteria
Students interested in technical analysis programs may want to keep these considerations in mind:
- Prospective students may wish to find a school that offers both bachelor's and graduate studies in order to maintain training continuity.
- Specializations for MBA programs vary widely among schools, and students interested in technical analysis should look for programs that offer courses in finance, accounting or financial information systems.
- Because many companies require employees to be Chartered Financial Analysts (CFAs), some programs offer courses that prepare students for the CFA exam.
- For college graduates who have a non-business degree, a career or graduate certificate program can provide appropriate training in technical analysis.
Bachelor's Degree in Business
Bachelor's degree programs in business usually include a foundation in general education and a core curriculum that includes courses in accounting, macroeconomics and microeconomics, corporate finance, marketing, management, statistics and quantitative methods. Common electives for someone interested in technical analysis include econometrics, financial information systems, e-commerce, foreign language, and international business.
Undergraduate Certificate in Financial Analysis
Undergraduate certificate programs do not usually expect students to possess strong business and investment knowledge. Courses in these programs give students the essentials to begin a career as a technical analyst. Programs vary in length and usually cover banking, insurance, real estate, financial planning, and financial advising.
Graduate Certificate in Financial Analysis
Some advanced certificate programs require that students already have a foundation in business education, such as a major or minor in business or completion of a set of prerequisite business courses; this ensures competence in accounting, finance, marketing and management. Graduate certificate courses might cover financial analysis, technical analysis methods, behavioral finance, investment banking, and credit analysis.
Master of Business Administration
Some Master of Business Administration programs have rigorous admission requirements and administer entrance exams or require prerequisite business courses from specified schools. Other schools are less stringent and only require proof of an undergraduate degree from an accredited college or university. Once enrolled, students interested in technical analysis can choose a concentration area in the finance field, such as accountancy, financial information systems or investment banking. Advanced courses in these areas might include derivatives pricing, audits, bond valuation, risk management, and strategic analysis.
Aspiring technical analysts should examine the business and finance program options that prospective universities offer to select the best schools for their career goals. Degree and certificate programs are available at undergraduate and graduate levels