School and Ranking Information
Business finance studies in and near Birmingham, AL, are found mainly in 4-year colleges and universities. The following institutions are considered the top three schools for business finance studies in Birmingham, based on graduation rates, number of degrees awarded and rankings:
- Winner: As the highest ranked national university among the schools, the University of Alabama is named the winner. In addition, it awarded the highest number of finance degrees in the area in recent years and is the only school of the three with a doctorate program in finance. Students can also earn a bachelor's or master's degree.
- Runner Up #1: The University of Alabama at Birmingham is the largest school located directly in the city with bachelor's and master's degree programs in finance. The school is also nationally ranked, as are its business programs.
- Runner Up #2: Samford University's regional ranking, which placed it in the top five among schools in the South in 2014, helps it to earn the third spot. It also boasted the highest recent graduation rates among the three schools. Bachelor's and master's degrees in finance are offered.
School Comparison Chart
|Category||The University of Alabama||University of Alabama at Birmingham||Samford University|
|Rankings|| #86 among national universities in 2014,
#58 among undergraduate business program in 2013 (nationwide),
#58 among graduate business schools in 2013 (nationwide)*
| #152 among national universities in 2014,
#119 among undergraduate business programs in 2013 (nationwide),
#73 part-time MBA program in 2013 (nationwide)*
| #3 among regional universities in the South in 2014,
#222 among undergraduate business programs in 2013 (nationwide),
#188 part-time MBA program in 2013 (nationwide)*
|Location||Tuscaloosa, AL (47 miles from Birmingham)||Birmingham, AL||Birmingham, AL|
|School Type||4-year, public||4-year, public||4-year, private, not-for-profit|
|Tuition and Fees (2012-2013)|| $9,200 (in-state, undergraduate),
$22,950 (out-of-state, undergraduate),
$9,200 (in-state, graduate),
$22,950 (out-of-state, graduate)**
| $6,798 (in-state, undergraduate),
$15,462 (out-of-state, undergraduate),
$6,420 (in-state, graduate),
$14,574 (out-of-state, graduate)**
| $25,150 (undergraduate),
|Finance Degree Levels Offered||Bachelor, master's and doctoral degrees||Bachelor's and master's degrees||Bachelor's and master's degrees|
|Finance Degrees Awarded (all levels) in 2011-2012||201**||180 (including all MBAs)**||58 (including all MBAs)**|
|Most Popular Finance Program (2011-2012)||Bachelor's in Finance, General (178 awarded)**||Master's in Business Administration, General (154 awarded)**||Master of Business Administration, General (43 awarded)**|
|Undergraduate Graduation Rate (in 150% of normal degree time) for 2006 Entering Class||67% (22% transfer-out rate)**||48% (29% transfer-out rate)**||71%**|
|Noteworthy||Accredited by the Association to Advance Collegiate Schools of Business (AACSB) International for both business and accounting programs||AACSB-accredited business and accounting programs||AACSB-accredited business programs|
Sources: *U.S. News & World Report; **NCES College Navigator
Winner: The University of Alabama
- Several clubs are available for business students, such as the Alabama Finance Association
- Students can pursue several finance concentrations
- Opportunities are available to double major in finance and a foreign language
The University of Alabama's Culverhouse College of Commerce and Business Administration offers a Bachelor of Science in Commerce and Business Administration with a major in finance, which can be specialized in areas including actuarial science, banking and financial services, real estate, financial management, insurance and financial services, international finance and investment finance. The Master of Science in Finance is a 1-year program that includes specializations in financial policy, financial risk management and real estate. The Ph.D. in Finance consists of courses in financial management and investment analysis, a comprehensive exam, qualifying exams and dissertation.
Runner-Up #1: University of Alabama at Birmingham
- Several scholarships available specifically for finance students, including a $10,000 scholarship and practicum for a junior or senior finance major
- Students have access to Bloomberg Finance Lab, which has Bloomberg terminals for financial research
- Student Financial Management Association
The University of Alabama at Birmingham (UAB) offers a Bachelor of Science in Finance through the Department of Accounting and Finance. Students have an opportunity to pursue a finance concentration in financial management, investments and institutions and real estate. Courses in these concentrations include equity portfolio management, financial risk management, bond portfolio management, financial sales and trading, real estate finance and management of financial intermediaries. UAB also offers a Master of Business Administration program with a concentration in finance. Full-time students can complete the MBA in one year, and part-time students typically take two years to complete the program.
Runner-Up #2: Samford University
- Honor societies at Samford University include Beta Gamma Sigma, the honor society for business students, and Beta Alpha Psi, the honor society for financial information students
- Samford University is affiliated with the Baptist Church
Students at Samford University can pursue bachelor's and master's degrees in finance. The Bachelor of Science in Business Administration with a major in finance requires that students complete core courses in financial management, investments, financial institutions and financial statement analysis. Finance electives include financial accounting, international capitalism, financial risk management and fixed income securities.
The MBA program at Samford has several concentration areas, including finance. Students completing the finance concentration take courses in financial markets, investments, behavioral finance and financial statement analysis.