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Finance Programs and Careers in New York

    This guide provides information on New York colleges and universities that offer degrees in finance and related fields that qualify graduates for careers including financial analysts, loan officers, and financial managers. New York is a national and global hub for financial services and many colleges and universities in the state offer finance programs at the undergraduate and graduate levels. Available programs include bachelor’s degrees that can be completed in as few as four years and master’s degrees that can be completed in one to two years. Some schools also offer flexible weeknight or weekend classes and even online options. Those interested in the dynamic field of finance can find information on degrees and careers in finance in New York below.

    Quick Facts

    For not-for-profit colleges and universities with finance degree programs.

    Table of Contents
    Comparison of Finance Programs
    Top-Ranked Schools with Finance Programs in New York
    Select Schools in New York with Finance Degrees
    New York Finance Careers and Salary Outlook
    Finance Associations in New York


    New York Finance Program Comparison

    We have developed the following table to help you compare all of the finance programs in New York from not-for-profit schools that offer programs with a concentration in finance. In addition to allowing you to compare the business school’s accreditation, finance degrees that appear in bold are Chartered Financial Analyst (CFA) Institute University Affiliation Programs, those that have been recognized for curricula aligned to preparing for the CFA Exam.

    School NameAccreditationFinance Degree(s)Acceptance Rate6Grad Rate1Online Options?Median Debt7Net Price1
    Adelphi UniversityAACSBBS-Finance;
    MBA-Finance
    N.Av.73%$20,376$28,130
    Alfred UniversityAACSBBS-Finance92.3%57%$22,500$21,646
    Bard CollegeBS/BA-Economics and FinanceN.Av.77%$20,298$27,652
    Binghamton UniversityAACSBBBA-Finance;
    BBA-Quantitative Finance;
    MBA-Finance
    80.1%82%Yes$16,750$17,424
    Canisius CollegeAACSBBS-Finance;
    MS-Finance;
    MBA-Financial Services
    95.7%73%$20,500$19,330
    Clarkson UniversityAACSBBS-Financial Information and Analysis78.9%78%$24,250$29,891
    College of Saint RoseACBSPBS-Finance;
    BS-Financial Planning;
    Certificate-Financial Planning
    N.Av.61%$18,750$23,047
    Columbia UniversityAACSBCertificate-Corporate Finance;
    MS-Financial Economics
    16.4%95%$18,794$21,828
    Cornell UniversityAACSBBS-Applied Economics & Management: Finance;
    BS-Hotel Administration: Corporate Finance;
    BS-Hotel Administration: General Financial Management;
    BS-Hotel Administration: Securities Analysis/Investment Banking;
    MBA-Corporate Finance;
    Cornell-Tsinghua Finance MBA;
    Masters in Real Estate-Real Estate Finance and Investments
    38.3%95%$12,305$28,921
    CUNY Bernard M Baruch CollegeAACSBBBA-Finance;
    Minor-Economics and Finance;
    Minor-Quantitative Methods and Modeling;
    MS-Finance;
    MS-Financial Risk Management;
    MBA-Finance
    41.8%70%$8,437$3,931
    CUNY Borough of Manhattan Community CollegeAS-Financial ManagementN.Av.24%$5,000$5,428
    CUNY Brooklyn CollegeAACSBBBA-Finance and Investments;
    Minor-Finance;
    Minor-Financial Planning
    N.Av.54%$7,750$3,805
    CUNY Queens CollegeBBA-Finance;
    Certificate-Financial Management
    N.Av.56%$7,750$4,471
    CUNY York CollegeBS-FinanceN.Av.35%$6,115$4,089
    Dominican College of BlauveltIACBEBS-Management: Financial ManagementN.Av.47%Yes$14,250$19,527
    Elmira CollegeBS-FinanceN.Av.68%$45,900$22,754
    Fordham UniversityAACSBBS-Finance: Value Investing;
    BS-Finance: Alternative Investments;
    MS-Global Finance;
    MS-Quantitative Finance;
    MBA-Finance and Business Economics w/Investment Management;
    MBA-Financial Technology
    47.6%83%Yes$21,500$39,558
    Hofstra UniversityAACSBBBA-Finance;
    BS-Mathematical Finance;
    Minor-Finance;
    MS-Finance;
    MS-Quantitative Finance;
    MBA-Finance
    91%65%Yes$17,152$32,975
    Iona CollegeAACSBBBA-Finance;
    Minor-Finance;
    MS-Finance;
    MBA-Financial Management
    N.Av.64%Yes$19,250$28,135
    Ithaca CollegeAACSBBS-Business: Asset Management;
    BS-Business: Corporate Finance;
    BS-Business: Wealth Management
    75.6%74%$21,500$34,942
    King’s CollegeBSBA-Management: FinanceN.Av.53%N.Av.$34,069
    Le Moyne CollegeAACSBBS-Finance: Corporate Finance;
    BS-Finance: Investment Banking;
    BS-Finance and Business Analytics;
    BS-Finance and Information Systems
    88.9%74%$19,000$23,067
    Long Island UniversityAACSBBS-Finance;
    Minor-Finance
    N.Av.46%$19,000$25,436
    Manhattan CollegeAACSBBS-Finance;
    Minor-Finance
    100%71%$21,500$29,943
    Manhattanville CollegeIACBEBA-Finance;
    BS-Finance;
    Certificate-Finance;
    MS-Finance
    N.Av.60%$19,500$25,205
    Marymount Manhattan CollegeBS-FinanceN.Av.53%$17,583$38,900
    Metropolitan College of New YorkACBSPMBA-Financial ServicesN.Av.22%$21,459$14,687
    Mohawk Valley Community CollegeCertificate-FinanceN.Av.35%$6,125$7,442
    Molloy CollegeIACBEBS-Finance;
    MBA-Finance
    N.Av.74%Yes$23,000$28,500
    Nassau Community CollegeAssociate of Economics and FinanceN.Av.23%$5,500$4,377
    Nazareth CollegeBS-Finance;
    Minor-Finance;
    Minor-Financial Planning
    N.Av.71%$20,500$30,240
    New York UniversityAACSBBBA-Finance;
    MBA-Finance
    26.1%85%$20,500$37,739
    Niagara UniversityAACSBAssociate in Finance;
    MS-Finance;
    MBA-Finance
    N.Av.73%Yes$21,500$18,462
    Pace UniversityAACSBBBA-Finance;
    Minor-Finance;
    MS-Investment Management;
    MS-Financial Management;
    MS-Financial Risk Management;
    MBA-Financial Management;
    MBA-International Finance;
    MBA-Financial Management-Investment Management
    77.8%57%Yes$19,400$32,492
    Rensselaer Polytechnic InstituteAACSBBS-Business Management: Finance;
    MS- Quantitative Finance and Risk Analytics;
    MBA-Finance
    71.4%85%$27,000$41,006
    Rochester Institute of TechnologyAACSBBS-Business Administration: Finance;
    Minor-Finance;
    MS-Finance;
    MS-Computational Finance;
    MBA-Finance
    68.8%67%Yes$24,250$33,744
    Saint Bonaventure UniversityBBA-Finance;
    Minor-Finance
    N.Av.74%$22,500$23,445
    Saint John Fisher CollegeAACSBBS-Finance;
    Minor-Corporate Finance;
    Minor-Financial Planning
    79.2%75%$20,500$28,468
    St. John’s University-New YorkAACSBBS-Finance;
    Certificate-Finance;
    MS-Finance;
    MBA-Finance;
    MBA-Financial Technology;
    MBA-Risk & Financial Advisory
    N.Av.63%Yes$19,999$26,993
    St. Thomas Aquinas CollegeIACBEMBA-FinanceN.Av.58%Yes$17,750$20,972
    Siena CollegeAACSBBS-Finance: Fundamentals of Finance;
    BS-Finance: Investment Fundamentals;
    BS-Finance: Corporate Finance;
    BS-Finance: Financial Planning
    N.Av.80%$22,899$27,997
    Stony Brook UniversityBS-Business Management: Finance;
    MS-Finance;
    MBA-Finance
    N.Av.76%Yes$15,646$15,605
    SUNY BrockportAACSBBS-Finance;
    Minor-Finance
    N.Av.64%$15,092$14,747
    SUNY Empire State CollegeIACBEMS-FinanceN.Av.25%Yes$14,250$11,696
    SUNY New PaltzAACSBBS-Finance96.4%77%N.Av.$15,496
    SUNY College at Old WestburyBS-FinanceN.Av.48%$13,000$10,686
    SUNY College at OswegoBS-FinanceN.Av.67%$16,900$15,762
    SUNY College at PlattsburghAACSBBS-Finance;
    Minor-Finance
    N.Av.68%$17,000$14,811
    SUNY College of Technology at CantonBBA-FinanceN.Av.47%$13,000$13,285
    SUNY Polytechnic InstituteAACSBBS-Finance;
    BBA-Finance
    N.Av.57%$12,500$14,420
    SUNY University at BuffaloAACSBBS-Business Administration: Financial Analysis;
    MBA-Finance;
    MS-Finance
    64.9%75%$14,999$17,264
    Syracuse UniversityAACSBBS-Finance;
    Minor-Finance;
    MS-Finance;
    MBA-Finance
    75.4%83%Yes$27,000$43,111
    Touro CollegeBS-Finance;
    MS-International Business Finance;
    MBA-International Business Finance
    N.Av.61%$12,500$24,916
    University of RochesterAACSBBS-Business: Finance;
    MS-Finance;
    MBA-Finance
    26.1%87%$21,500$32,939
    Utica CollegeACBSPBS-Business Economics and Finance;
    MS-Financial Crime and Compliance Management
    N.Av.54%Yes$17,000$22,474
    Wagner CollegeACBSPBBA-Finance;
    MBA-Finance
    N.Av.71%$22,000$32,294
    Yeshiva UniversityAACSBBachelor of Business and Management-Finance;
    Minor-Finance
    N.Av.82%N.Av.$33,953

    • — indicates none.
    • N.Av. indicates no data available.

    Top-Ranked Schools with Finance Programs in New York

    Forbes’ Best Business Schools 2019

    • Columbia University (#7)
    • Cornell University (#9)
    • New York University (#20)
    • University of Rochester (#42)
    • University at Buffalo (#49)
    • Fordham University (#58)

    Georgetown CEW’s ROI Ranking by Long-Term Net Present Value 2019

    The Georgetown University Center on Education and the Workforce (CEW) has compared 4,500 colleges and universities on graduates’ return on investment (ROI). We use their net present value (NPV) ranking, which is the current dollar value of earning a four-year degree from the school over a 40-year horizon.

    • Columbia University (#22; $1,769,000)
    • Rensselaer Polytechnic Institute (#30; $1,687,000)
    • Cornell University (#36; $1,607,000)
    • Claremont McKenna College (#48; $1,516,000)
    • Clarkson University (#56; $1,482,000)
    • Manhattan College (#99; $1,333,000)
    • Binghamton University (#114; $1,298,000)
    • CUNY Baruch College (#128; $1,280,000)
    • Rochester Institute of Technology (#139; $1,260,000)
    • Molloy College (#151; $1,253,000)
    • Syracuse University (#163; $1,233,000)7

    Princeton Review’s Great Schools for Business and Finance Majors 2020

    • Alfred University
    • CUNY Baruch College
    • CUNY Brooklyn College
    • Cornell University
    • New York University
    • Pace University
    • Rutgers University-New Brunswick
    • Siena College

    US News & World Report’s Best Undergraduate Finance Programs 2021

    • New York University (#2)
    • Cornell University (#13)
    • Fordham University (#14 tie)
    • Canisius College (#27 tie)
    • Le Moyne College (#30 tie)

    US News & World Report’s Best Graduate Finance Programs 2021

    • New York University (#3)
    • Columbia University (#4)
    • University of Rochester (#13 tie)
    • Fordham University (#18)
    • Cornell University (#21 tie)

    Select Schools in New York with Finance Degrees

    Traditional Undergraduate Programs

    Binghamton University, State University of New York

    Students can pursue a Bachelor of Science in Business Administration (BSBA) with concentrations in Finance or Quantitative Finance through the School of Management at Binghamton University, State University of New York (SUNY Binghamton). The Finance concentration has a greater focus on financial management, investments, and institutions while the Quantitative Finance concentration has a greater focus on applied analytics in theoretical and practical finance. In addition to business administration courses, finance students take electives such as Fixed Income Securities, Arbitrage Strategies, and Equity Research. Quantitative Finance students are required to complete a more math-intensive core, including courses like Differential Calculus, Infinite Series, and Linear Algebra. All students have access to career support and networking opportunities, including competitive internships.

    Le Moyne College

    Le Moyne College offers a Bachelor of Science (BS) in Finance through its Madden School of Business. Students choose from one of four concentration tracks: Corporate Finance; Investment Banking; Finance and Business Analytics; or Finance and Information Systems. Students also have the option to pursue dual majors in Finance and Business Analytics or Finance and Information Systems, which provide unique tracks to pursue careers at the intersections of finance and applied information management. The dual majors include additional required courses and electives compared to the concentration tracks. Academically competitive students can pursue the Finance major through the Dolphin Green & Gold Management track, which is an experience-focused program that emphasizes careers in analysis and investment banking in financial markets. All students have opportunities to study abroad with Le Moyne’s university and business partners in locations such as Beijing; Chennai, India; and Chicago.

    Traditional Master’s Programs

    University of Rochester

    The Simon Business School at the University of Rochester teaches students how to excel in the global business market through the combination of an analytics-based curriculum and practical experience. The school’s Master of Science in Finance (MSF) program can be completed in an accelerated 10-month track or a 17-month track that includes an internship opportunity. During the MSF program, students study corporate finance, communication techniques, statistics, and economics. The finance program is STEM-designated, which encourages a global student body and learning environment. Students interested in earning a Master of Business Administration (MBA) can use credits from the MS program to transfer to Rochester’s MBA and Executive MBA programs.

    Cornell University

    Cornell University’s SC Johnson College of Business focuses on finance fundamentals while also emphasizing applied learning and real-world business experience. Cornell offers two Master of Business Administration (MBA) tracks with opportunities to concentrate in finance, a two-year program and an accelerated one-year option. The MBA program focuses on developing leadership and creative problem-solving skills, and students have the option of adding a “tech” specialty. Students can also combine an MBA with another graduate degree, such as a JD in law, Master of Professional Studies in Real Estate (with an option to concentrate in Real Estate Finance and Investments), or Master of Health Administration. Cornell, which is the largest Ivy League university, also has an extensive network of summer internships and hands-on learning opportunities. With thorough training in problem-solving and leadership, the majority of Cornell MBA graduates are employed by the time they finish the program.

    University at Buffalo

    The Finance Department within the School of Management at the University at Buffalo (SUNY Buffalo) offers a Master of Business Administration (MBA) with a concentration in Financial Management and a Master of Science in Finance (MSF) with a concentration in either Financial Management or Quantitative Finance. SUNY Buffalo’s programs focus on the principles of markets while providing opportunities to learn in the field. The programs are additionally designed around the needs of working professionals, seeking to provide work-life-study balance throughout the curriculum. All students can gain practical experience in the school’s Terese Kelly Investment Group, which is an endowment fund with real money for students to invest. Those who do not have a bachelor’s degree can pursue an undergraduate major in Financial Analysis at SUNY Buffalo and find real-world experience in internships.

    Online and Hybrid Programs

    Pace University

    Pace University’s Lubin School of Business offers an online Master of Science in Finance for Professionals (MSF-P). The accelerated program requires 36 credit hours to complete. Most of the classes and coursework are completed online, with six immersive weekends spaced out over the year. The MSF-P degree is designed for students who want to sustain their career momentum while also pursuing an advanced finance degree. The coursework is project-based, with students working in team scenarios and consultant roles. Applicants ideally have three years of experience in finance or a background in a quantitative industry. Pace also offers on-campus programs leading to a Master of Science (MS) in Financial Management; Master of Science (MS) in Financial Risk Management; or a Master of Business Administration (MBA) with a concentration in Financial Management, International Finance, or Financial Management-Investment Management.

    Metropolitan College of New York

    The Master of Business Administration (MBA) in Financial Services program at the Metropolitan College of New York is a flexible finance-focused option for those already in the industry. The MBA in Financial Services focuses on project-centered learning and the future of financial markets. The New York City-based program typically takes a year to complete, with some courses on campus and some courses available online. For students with an educational background in business and a strong transcript, up to 12 prerequisite credits out of 45 may be waived. Finance degree students study the foundations of the financial field, and the tuition includes a 10-day study abroad program outside of the US in a real-world business environment.

    New York Finance Careers and Salary Outlook

    The state of New York is home to many major financial institutions and well-known companies. These national and international businesses offer diverse opportunities in the field of finance, from financial analyst positions to corporate accountants. New York City is a major financial hub, with numerous organizations tied to the New York Stock Exchange, the largest stock exchange by market value in the world. Investment and financial companies like American Express, Apollo Global Management, Citigroup, and JP Morgan Chase are headquartered in the city, as well as numerous other financial services companies. Major companies that regularly hire finance grads, from HBO to Pfizer, also have headquarters in New York.

    In the coming years, financial operations occupations are projected to grow in the United States, and New York is one of the top states for growth.8 For example, New York has the second-highest employment level of financial analysts as well as the highest mean wage for these professionals in the nation, at $132,290 annually.9 Job growth for financial analysts in New York is expected to reach 9.7% through 2028, with a projected 5,400 average annual openings including replacements.8 Personal financial advisors in New York also earn a high mean wage compared to other states, at $166,790 annually, and this occupation is expected to grow by 11% in New York between 2018 and 2028, with 2,800 average annual openings including replacements.8,10 Financial managers, loan officers, and other business operations specialists in New York also earn competitive salaries compared to national averages with positive growth for these occupations projected over the next decade.8,11

    New York Finance Job Information

    OccupationNumber Employed11Average Salary11
    Business and Financial Operations Occupations611,280$96,150
    Financial and Investment Analysts and Other Specialists57,980$132,290
    Financial Examiners11,310$120,840
    Financial Managers46,100$210,240
    Loan Officers13,420$103,040
    Personal Financial Advisors26,150$166,790


    Finance Associations in New York

    References:
    1. National Center for Education Statistics College Navigator: https://nces.ed.gov/collegenavigator/
    2. Forbes Best Business Schools 2019: https://www.forbes.com/business-schools/list/
    3. The Princeton Review. The Best 382 Colleges, 2020 Edition. The Princeton Review, 2019.
    4. US News & World Report Best Undergraduate Finance Schools 2021: https://www.usnews.com/best-colleges/rankings/business-finance
    5. US News & World Report Best Graduate Finance Schools 2021: https://www.usnews.com/best-graduate-schools/top-business-schools/finance-rankings
    6. US News & World Report Best Business Schools 2021: https://www.usnews.com/best-graduate-schools/top-business-schools
    7. Georgetown University Center on Education and the Workforce, Ranking ROI of 4,500 US Colleges and Universities: https://cew.georgetown.edu/cew-reports/CollegeROI/
    8. Projections Central Long Term Occupational Projections: https://projectionscentral.org/projections/longterm
    9. Bureau of Labor Statistics Occupational Employment and Wages, Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other: https://www.bls.gov/oes/current/oes132098.htm
    10. Bureau of Labor Statistics Occupational Employment and Wages, Personal Financial Advisors: https://www.bls.gov/oes/current/oes132052.htm
    11. Bureau of Labor Statistics Occupational Employment Statistics, State Occupational Employment and Wage Estimates, New York: https://www.bls.gov/oes/current/oes_ny.htm