Finance Programs in Pennsylvania
The New England state of Pennsylvania is home to 50 colleges and universities that offer finance degrees. Twenty-nine of those schools have Associate's programs in finance; 42 offer Bachelor's programs in finance. Master's degrees are available at 40 schools, and PhD degrees are available at 24 schools.
Average tuition in Pennsylvania is $24,309. This seems high, but is in line with other New England states. The high cost of tuition is offset by grants and scholarships available throughout the state and at each individual university.
There are many remarkable finance schools in Pennsylvania. The top three finance programs in the state are at the University of Pennsylvania, Carnegie Mellon University, and Pennsylvania State University – Main Campus. Pennsylvania State University has an acceptance rate of over 80%. University of Pennsylvania's acceptance rate is 12%, and Carnegie Mellon University's is 27%.
Before you choose a school, you have to choose what type of degree you want to start with. Advantages of an Associate's degree include quick degree completion and low tuition costs. The average student will finish their Associate's degree in two years. An Associate's degree in finance, such as the one offered at Westmoreland County Community College, includes classes like Business Finance, Microeconomics, and Business Analytics.
The Bachelor's degree in finance takes approximately four years to complete. When you finish, you'll have the skills and education needed to work in a variety of finance careers. Some students choose to start a career right away, while others may go on to earn a Master's degree in finance or business administration. Widener University offers two Bachelor's degree choices to students: a traditional finance track, and a financial planning track for those who want to become financial advisors. Courses at this level include Capital Budgeting, Risk Management & Insurance, Investments, and Investing in Mutual Funds.
A Master's degree is the next step after a Bachelor's degree in finance. You can either get a Master's degree in finance or a Master's in business administration with a concentration in finance. A Master's degree in finance will take about one to two years to complete, depending on if you full-time or part-time. Students who graduate with this degree often go on to take managerial positions at financial firms.
Many finance careers in Pennsylvania do not require licensure. The majority of careers pursued by Associate's degree graduates do not require licensure, and only some of those pursued by Bachelor's and Master's degree graduates require licensure. The three main careers that require licensure in Pennsylvania are investment advisors, stockbrokers, and financial planners.
To become an investment advisor in Pennsylvania, you need to register with the Department of Banking and Securities. Unless you hold another professional designation, you will have to take an exam before becoming licensed. You will have to take the Series 65 exam or the Series 7 and Series 66 exam.
Stockbrokers in Pennsylvania are regulated by the Department of Banking and Securities. They must pass the Series 7 and Series 66 examination.
To work as a financial planner that sells life insurance and fixed annuities, you have to register with the Pennsylvania Insurance Department. You must complete 24 hours of licensing education and pass an exam prior to being licensed.
Some of the biggest finance employers in Pennsylvania are investment firms. These include Lincoln Investment Planning, North Star Resource Group, Vanguard, and VIST Financial. Other large finance employers in Pennsylvania include Superior Group, Santander Bank, and Fisher Investments.
Finance graduates may work in some of the biggest fields in finance as budget analysts, financial analysts, and loan officers. The Bureau of Labor Statistics reports average salaries in Pennsylvania to be very close to national averages. Average salaries range from $34,900 for tax preparers to $88,460 for personal financial advisers.