Which Schools Offer Financial Management Degrees Near Baltimore?
Learn about financial management degrees in Baltimore, Maryland. Get information about programs available and admission and program requirements to make an informed decision about your education. Schools offering Financial Management degrees can also be found in these popular choices.
Career Information for Financial Managers in Maryland
According to the U.S. Bureau of Labor Statistics (BLS), a bachelor's or master's degree in finance or business administration is a common requirement for financial managers, and Baltimore schools offer various programs within these areas of study. Bachelor's degree programs in finance typically include a large selection of general business and finance courses, as well as possible internship opportunities. In addition to being more specialized, master's degree programs in the area may be offered part-time, and they're usually designed for those with work experience or undergraduate coursework in finance or business.
In May 2011, the BLS estimated that there were around 10,500 financial managers employed in Maryland, including almost 5,100 in the Baltimore-Towson, MD, area. Although the area had one of the highest employment levels for financial managers in the state, its mean annual wage of around $107,000 was below the national estimate of roughly $120,000 and the state estimate of about $111,000.
Slower-than-average growth is expected nationwide for financial managers from 2010-2020, according to the BLS. Employment growth is expected to be 9%, and the BLS also expects a 14% employment decline for managers in commercial banking and saving institutions. Self-employed financial managers; however, should see more favorable job prospects, with 20% employment growth expected.
Financial Management Bachelor's Degree Programs near Baltimore
Loyola University Maryland
- Program Name: Bachelor of Business Administration (BBA) in Finance
- Program Length: 4 years (full-time)
- Tuition: $20,513 per semester (cost for 2012-2013)
- Requirements: SAT or ACT scores (optional except for home school students, but an essay or additional letter of recommendation or an essay will be required without the scores), letters of recommendation
- School Type: 4-year, private not-for-profit; approximately 3,800 undergrads and 2,300 grads
- Address: Department of Academic Finance, 4501 N. Charles St., Baltimore, MD 21210
- Phone: 410-617-2818
Loyola's BBA program introduces you to financial theory and analysis and teaches you financial decision making. The program requires courses in markets, financial analysis, financial management and securities, as well as several courses that provide you with a business administration background. You can also study financial services firms, portfolio management, global finance and risk management for your finance electives. An optional internship and a special topics course are available too.
Morgan State University
- Program Name: Bachelor of Science (B.S.) in Finance
- Specialization Areas: General finance, international finance
- Program Length: 4 years (full-time)
- Tuition: $2,338 per semester for residents; $7,010 per semester for non-residents (full-time costs for fall 2012 and spring 2013)
- School Type: 4-year, public; around 6,600 undergrads and 1,200 grads
- Address: McMechen Bldg, Ste. 613, Earl G. Graves School of Business and Management, 1700 E. Cold Spring Ln., Baltimore, MD 21251
- Phone: 443-885-3445
The B.S. in Finance program includes an internship and courses in financial management, financial markets, security analysis and portfolio management. The general track offers courses in accounting, banking and international finance and is designed to prepare you for a finance role in a variety of businesses. The international finance track has a narrower focus on international economics and finance. As part of the program's business core, you can also expect to complete courses in economics, accounting, management, business communication and marketing.
University of Maryland - College Park
- Program Name: Bachelor of Science in Finance
- Program Length: 4 years (full-time)
- Tuition: $4,454.46 per semester for residents; $13,643.96 per semester for non-residents (full-time costs for 2012-2013; includes mandatory fees)
- Requirements: Two letters of recommendation, two essays, short answers, resume or activities and awards list
- School Type: 4-year, public; around 27,000 undergrads and 11,000 grads
- Address: 7621 Mowatt Ln., College Park, MD 20742
- Phone: 301-405-2125
University of Maryland's College Park campus is located southwest of Baltimore and has almost 38,000 students. The B.S. program's finance component includes required courses in banking, economics, investments and financial management, and you can select from additional courses in international finance, accounting, investment fund management, financial analysis and operations research. You may also do an internship or take a special topics course in finance. Several lower-level and upper-level general business courses are also included to meet the business school's core requirements.
Financial Management Master's Degree Programs near Baltimore
Johns Hopkins University
- Program Name: Master of Science (M.S.) in Finance, Master of Business Administration (MBA) with a concentration in finance
- Program Length: Each program may take 2-3 years (part-time for M.S. program)
- Tuition: $49,750 for the first year of the Global MBA; $1,114 per credit for the Flexible MBA and M.S. in Finance (costs for 2012-2013)
- Prerequisites: Bachelor's degree
- Requirements: GMAT score (required for MBA and recommended for M.S. in Finance and accelerated M.S. in Finance), two letters of recommendation, essay, resume, work experience (required for MBA and M.S. in Finance, optional for accelerated M.S. in Finance)
- School Type: 4-year, private not-for-profit; around 6,000 undergrads and 15,000 grads
- Address: The Johns Hopkins Carey School of Business, 100 International Dr., Baltimore, MD 21202
- Phone: 410-234-9200
Johns Hopkins University has over 20,000 students and a student-to-faculty ratio of 9:1. The Carey Business School offers part-time M.S. in Finance and Flexible MBA programs, as well as a full-time Global MBA. The M.S. in Finance includes general business courses, specialized finance electives and core courses in financial analysis, investments, financial institutions and capital markets. It culminates with a capstone course in advanced finance topics.
The Flexible MBA includes six concentration courses in finance, in addition to core courses in economics, information systems, accounting, business law, management and business strategy. The Global MBA program, which also offers a finance concentration, features internships, fieldwork, general business courses and professional development classes.
Loyola University Maryland
- Program Name: Master of Science in Finance
- Program Length: 2-3 years (part-time)
- Tuition: $895 per credit (cost for 2012-2013)
- Prerequisites: Bachelor's degree, foundational business coursework possible for non-business undergraduate majors
- Requirements: GMAT scores, letter of recommendation, resume (with 2 years of work experience), essay
- School Type: 4-year, private not-for-profit; approximately 3,800 undergrads and 2,300 grads
- Address: Graduate Center Room 80, 2034 Greenspring Dr., Timonium, MD 21093
- Phone: 410-617-5067
Loyola's M.S. in Finance is a part-time program that includes evening classes and is designed for working professionals. If you don't have a background in the field, you may be required to take prerequisite business math, economics and finance courses before you can start the program's classes. You can expect to gain an understanding of financial theory, investment, financial institutions, risk management, financial analysis and valuation. The electives offered focus on investment banking, entrepreneurial finance, mergers and real estate.
University of Maryland - College Park
- Program Name: Master of Science in Business: Finance
- Program Length: 9 months (full-time); 12-15 months (part-time)
- Tuition: $1,425 per credit (applicable to residents for fall, winter, spring and summer enrollment), $1,695 per credit (applicable to non-residents for fall, winter, spring and summer enrollment); (costs for 2012 Master of Science students)
- Prerequisites: Bachelor's degree, background in mathematics
- Requirements: GRE or GMAT scores, two letters of recommendation, interview (for selected candidates), essay
- School Type: 4-year, public; around 27,000 undergrads and 11,000 grads
- Address: 2308 Van Munching Hall, College Park, MD 20742
- Phone: 301-405-2559
This school's M.S. in Business: Finance program features faculty members who have been published in major business publications and have held roles in finance. The program's core courses cover financial econometrics, management, securities, valuation, financial accounting and capital markets. The electives allow you to focus on an area of finance that interests you, such as financial analysis, banking, risk management, investment or international finance.
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