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2023 Most Affordable Online Colleges for a Master's in Finance

By the OnlineU team | Updated 2/14/2023
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An online master’s in finance provides students with a foundational knowledge of finance concepts. This online graduate program is designed for students who are also working professionals who require flexibility to further their education. Prospective students can expect to learn about economics, financial management, accounting, and marketing with an online master's in finance. Most programs require students to complete a master’s in business administration (MBA) core curriculum alongside finance concentration courses. Popular courses within an online master’s in finance include Econometrics, Managerial Finance, and International Finance. In addition, some online master’s in finance programs require students to complete a capstone project, thesis proposal, or research project before they can graduate and go on to enter careers as budget analysts, accountants, and actuaries.

View our methodology for details about rankings or learn more about us. You can also check out our overall list of the most affordable online degrees for some inspiration.

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All tuition numbers were manually collected and verified
Rank School Locations Annual Tuition
# 1 #1 Fitchburg State University Fitchburg (MA) $4,934
# 2 #2 Northeastern State University Tahlequah (OK) $5,095
# 3 #3 Youngstown State University Youngstown (OH) $5,577
# 4 #4 Arkansas State University Jonesboro (AR) $5,958
# 5 #5 Columbia Southern University Orange Beach (AL) $6,030
# 6 #6 Bowling Green State University - Main Campus Bowling Green (OH) $6,142
# 7 #7 Ohio University - Main Campus Athens (OH) $6,324
# 8 #8 Adams State University Alamosa (CO) $6,525
# 9 #9 Cameron University Lawton (OK) $6,600
# 10 #10 University of South Dakota Vermillion (SD) $7,057
#1
#1
Annual Tuition: $4,934
Annual Tuition: $4,934
Annual Tuition: $4,934

Fitchburg State University is a public institution that offers an online Master of Business Administration in Finance requiring 30 credit hours. The finance concentration requires nine credit hours. Overall, it can take students 1-2 years to complete this finance degree online.

At Fitchburg State, online students complete coursework in asynchronous and synchronous formats on Blackboard. A master’s in finance prepares students to pursue careers in finance. Sample courses include Marketing Management, Corporate Finance, and Entrepreneurial Finance. Graduates may pursue careers like personal financial advisors, financial analysts, and management consultants.

  • Financial Aid Recipients: 91%
  • Average SATs: 990 -1150
  • Undergrad Online Enrollment: 385
  • Graduate Online Enrollment: 1,402
  • School Type: Nonprofit
  • School Accreditation: NECHE
#2
#2
Annual Tuition: $5,095
Annual Tuition: $5,095
Annual Tuition: $5,095

Northeastern State University (NSU) is a public institution offering an online Master of Business Administration in Managerial Accounting and Finance that totals 36 credit hours. Students can add certificates, like Health Informatics and Data Analytics, to their program if they choose. Full-time students typically spend at least two years finishing this program.

NSU facilitates asynchronous and synchronous online through the learning management system Blackboard. This online master's in finance and accounting delivers advanced classes on a variety of business topics, including economics. Some of the program’s courses include Managerial Finance, Marketing Strategy, and Project Management. A capstone practicum is also required for graduation. Prospective careers for graduates include financial analysts, wealth managers, and personal financial officers.

  • Financial Aid Recipients: 93%
  • Average SATs: 896 -1100
  • Undergrad Online Enrollment: 1,241
  • Graduate Online Enrollment: 412
  • School Type: Nonprofit
  • School Accreditation: HLC
#3
#3

Youngstown State University

Youngstown (OH)
Annual Tuition: $5,577
Annual Tuition: $5,577
Annual Tuition: $5,577

At the public institution of Youngstown State University (YSU), students can pursue an online Master of Arts in Financial Economics requiring 33 credit hours. They can choose a thesis or nonthesis track for this program. In general, prospective students can expect to spend two years finishing this graduate degree.

YSU’s online students complete coursework in both asynchronous and synchronous formats through the learning platform Blackboard. This program helps students advance their skills in both accounting and finance. Some courses include Econometrics, Macroeconomic Theory, and Financial Statement Analysis. Additionally, students may be required to complete a research seminar and thesis proposal. Potential career options are valuation managers, chief financial officers, and vice presidents of finance.

  • Financial Aid Recipients: 98%
  • Average SATs: 970 -1180
  • Undergrad Online Enrollment: 516
  • Graduate Online Enrollment: 287
  • School Type: Nonprofit
  • School Accreditation: HLC
#4
#4

Arkansas State University

Jonesboro (AR)
Annual Tuition: $5,958
Annual Tuition: $5,958
Annual Tuition: $5,958

Arkansas State University (A-State) is a public institution that offers an online Master of Business Administration in Finance totaling 33 credit hours. This online master's program provides flexibility for students who are also working professionals furthering their education. Even with a full class schedule, it may take two years to complete it.

At A-State, online students complete coursework asynchronously and synchronously through Blackboard. A master’s in business finance provides an in-depth overview of financial management and analytics. Sample courses are Corporate Financial Management, Strategic Management, and Business Analytics. The program also requires students to complete a directed individual study in order to graduate. Alums may pursue careers that range from portfolio managers and actuaries to finance and insurance managers.

  • Financial Aid Recipients: 97%
  • Average SATs: 1013 -1220
  • Undergrad Online Enrollment: 1,064
  • Graduate Online Enrollment: 3,414
  • School Type: Nonprofit
  • School Accreditation: HLC
#5
#5

Columbia Southern University

Orange Beach (AL)
Annual Tuition: $6,030
Annual Tuition: $6,030
Annual Tuition: $6,030

Columbia Southern University (CSU) is a private, for-profit institution offering an online Master of Business Administration - Finance that equates to 36 credit hours. Online students must take 12 credit hours in the Finance concentration alone. Full-time students can expect to spend at least two years completing this program.

CSU facilitates asynchronous and synchronous classes online through the learning management system Blackboard. The program helps students learn about the fundamentals of finance through courses such as International Finance, Public Finance and Budgeting, and Advanced Financial Management. Potential career options for graduates are management analysts, loss prevention managers, and investment fund managers.

  • Financial Aid Recipients: 94%
  • Undergrad Online Enrollment: 14,364
  • Graduate Online Enrollment: 5,670
  • School Type: For-Profit
  • School Accreditation: DEAC

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