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Most Affordable Online Master Programs in Finance

An online master's in finance degree is a great choice for students interested in business, economics, accounting, or the stock market. Graduates wielding a Master's in Finance could find work on Wall Street and with large investment companies, or they could join the ranks of management at corporations all across the country. A degree in finance is a safe bet because nearly every business has a need for someone well-versed in one essential topic: how to make money.

If you're looking to earn a Master's degree in Finance, you might want to consider going to school online. Distance education options continue to grow as more and more students demand benefits like flexible scheduling, multiple start dates, credit for work experience, and interactive web tools. One other serious advantage to online education is that earning your degree is often fairly cheap. Why pay $50,000 a year for school when you can enjoy similar classes for less than $10,000?


If you need proof that quality and affordability are not mutually exclusive, take a look at our list below. We've scoured the internet for a comprehensive list of all the online colleges offering Master's in Finance degrees. After creating the list, we then calculated the 10 with the lowest tuition prices, according to the U.S. Department of Education's database called College Navigator. What we also discovered is that these incredibly cheap schools are also accredited and academically impressive, making them among the best online master's in finance programs in the nation. They are listed from most to least expensive for your convenience.

Note: This article may contain sponsored links. These are designed to help you connect with programs easily.

Cheap Online Master's in Finance Degree Program Ranking

Ottawa University offers an accredited online masters in finance degree for prospective business leaders.


10. Ottawa University

Online Master of Business Administration: Finance Concentration

The online MBA in Finance at Ottawa University is an affordable option for professionals looking to advance their career in finance. Graduates can expect to be prepared for leadership in both the public and private sectors. Students wishing to pursue their master's in finance online through this MBA program will be required to complete four courses within their concentration. This coursework includes the following:

  • BUS 7801: Money and Capital Markets
  • BUS 7802: Working Capital Management
  • BUS 7804: International Finance
  • BUS 7805: Financial Modeling Methodologies


The University of Maryland College offers one of the best online finance masters degree programs accessible from any computer.



9. University of Maryland University College

Online Master of Science in Accounting and Financial Management or Financial Management and Information Systems

Students looking to earn an affordable online master's in finance may want to consider the Master of Science in Accounting and Financial Management program at University of Maryland University College. This 36 credit-hour program is a quality, affordable choice for those with career advancement in mind. Coursework can also prepare students to take any one of 28 professional certification exams in accounting or finance, including Certified Public Accountant (CPA), Certified Financial Examiner (CFE), and Certified Treasury Professional (CTP). All degree requirements may be completed in as little as two years, but must be completed within five consecutive years.


Texas Southern University offers affordable finance degrees online for all students nationwide.


8. Texas Southern University

Online Master of Business Administration in Energy Finance

Students admitted to Texas Southern University's online Executive MBA program have the option of pursuing a concentration in Energy Finance. Accredited by the Association to Advance Collegiate Schools of Business (AACSB), students can feel confident that they're earning a quality education at an affordable price. This online master's in finance program is specifically designed for working professionals looking to advance their career in the dynamic energy sector. Included within their 36 credit-hours of coursework, students have the opportunity to participate in a 7-10 day international business trip to an economically emerging country.


Purdue Global is ranked as one of the Top 20 Online Colleges and it offers an accredited masters degree in finance online.


7. Purdue Global

Online Master of Science in Finance

Accredited by the Accreditation Council for Business Schools & Programs (ACBSP), the online Master of Science in Finance at Purdue University Global, formerly Kaplan University, can be completed in 56 credit hours. Applicants must have a bachelor's degree in finance from an accredited college or a minimum of 45 credit hours of undergraduate coursework from the ACBSP's Common Professional Components (CPC).

This rigorous program offers two concentrations, one in financial analysis and the other in financial planning. Graduates of the financial planning concentration who wish to become a certified financial planner are eligible to sit for the CFP ® Certification Examination.


Colorado State University offers a cheap and accredited online masters degree in finance for students wanting to enter the world of business.


6. Colorado State University Global

Online Master's Degree in Finance

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The affordable online Master of Finance program offered through Colorado State University - Global is accredited by the Accreditation Council for Business Schools & Programs (ACBSP). This is a great option for those who are concerned about earning a return on their tuition investment. In 36-credit hours students will have laid the foundation to climb the ranks in the financial industry where the average salary of Financial Managers exceeds $120,000 per year. In addition to a highly-marketable degree, students will graduate from this online master's in finance program with Awards of Completion in Foundations of 21st Century Finance and Applied Strategic Finance. These endorsements reassure employers that you have the skills for success.


Bellevue University has an accredited online masters in finance degree for all students.


5. Bellevue University

Online Master of Science in Finance - Strategic Leadership of Value and Risk

The Master of Science in Strategic Finance (MSSF) program offered at Bellevue University is a good option for working professionals who are looking for the value and flexibility of an affordable online master's in finance program. Within the 36 credit hours of coursework, students can expect to develop a well-rounded strategic and tactical skill set and approach to financial management. Students may choose from one of 20 concentrations within this online MSSF program. Available concentrations include accounting, entrepreneurship, and healthcare. These concentrations help prepare graduates to effectively communicate with key stakeholders in a number of fields including banking, investments, and mergers and acquisitions.


Led by professional and certified professors, Baker College offers an accredited masters degree in finance online.


4. Baker College

Finance - Master of Business Administration Online

Baker College was founded 130 years ago with the mission of delivering quality higher education that prepares students for professional success. Students who want to earn their master's in finance online, can enjoy this quality at an affordable price through Baker's flexible, online MBA in Finance program. Accredited by the International Accreditation Council for Business Education (IACBE), this graduate program requires just 36 credit-hours of coursework. 12 credit-hours are in finance-focused classes including The Financial Environment, Money and Banking, International Business Finance, and Public Finance.


Post University is ranked one of the top accredited online colleges according to U.S. News and World Report it also offers a premium online masters degree in finance at affordable rates.


3. Post University

Online Master of Business Administration with a Concentration in Finance Degree Program

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Students wanting to earn an online master's in finance from Post University can choose to pursue an MBA in Corporate Finance. Those admitted with an undergraduate in business benefit from a more affordable, 36 credit-hour option for earning their graduate degree. Applicants without a business degree will need to complete an additional 12 credit-hours of foundational coursework before beginning the core online MBA in Corporate Finance program.

The finance concentration coursework is made up of nine credit-hours across three classes:

  • BUS 632: Advanced Financial Statement Analysis
  • BUS 633: Investment Management and Analysis
  • BUS 635: Organizational Risk Management


The U.S. News and World Report has named Fort hays as one of the Best Online Graduate Business Programs and it offers a cheap online masters in finance degree.


2. Fort Hays State University

Online Master of Business Administration with a Concentration in Finance

At Fort Hays State University, students can earn an affordable MBA in Finance online or on campus. The online option, designed for working professionals, can be completed in 34 credit-hours. Students who do not have an undergraduate business degree will need to take an addition 12 credit-hours of foundational coursework.

The online finance concentration prepares graduates for leadership roles in the public or private business sectors. It requires three credit-hours each in the following classes for a total of nine credit-hours of finance-specific coursework:

  • ECON 640: Money and Banking
  • FIN 641: Financial Institutions
  • FIN 645: International Finance


West Texas A&M offers one of the best online finance masters degree programs.


1. West Texas A&M University

Online Master of Science in Finance and Economics (M.S.F.E.)

It would be unfair to simply say that West Texas A&M University offers a cheap online master's in finance program. The Master of Science in Finance and Economics ­ (M.S.F.E.) program offered through the Paul and Virginia Engler College of Business is an affordable, financially-savvy option for graduate students. This nationally-ranked program makes a good deal of financial sense for students on a tight budget who want to earn an advanced degree.

This M.S.F.E. program can be completed in 36 credit-hours, over two years and students can choose to complete their degree online, on campus, or through a combination of both.

See also: Top 20 Cheap Online Finance Degree Programs (Bachelor's) and Finance Scholarships.


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