Contact Information

General Contact

Admissions Office

Financial Aid Office

ACCEPTANCE RATE

67.64%

FINANCIAL AID RATE

100%

STUDENT TEACHER RATIO

10:1

DEGREE OFFERED ONLINE

2

FINANCIAL AID AWARD AVG.

$21,286

Average Grants + Scholarship Aid Awarded to Undergraduate Students

Percent of Full-Time Undergraduates Receiving Financial Aid

Percent of Students Paying In-State Tuition vs Out-of-State Tuition

College Video Tour

School Map

Finance Degree

The finance program at Drake University prepares students for careers as a credit analyst, finance officer, financial advisor, financial analyst, financial planner, loan officer, or investment banker. The program focuses on planning, managing, and analyzing financial and monetary aspects and performance of business enterprises, banking institutions, or other organizations. Program courses include: principles of accounting, financial instruments, capital planning, funds acquisition, asset and debt management, budgeting, financial analysis, and investments and portfolio management. Get more details below including other Iowa colleges that offer finance degrees.

Learn more by requesting information now!

Drake University (Drake)

700 7th St SE, Sioux Center, IA

Drake University is a nonprofit private college that has many degree programs available for students to choose from. The school is located in Des Moines, Iowa, in a predominantly urban area. Approximately 5,600 students are enrolled yearly at Drake.

A list of some of the more popular programs offered are:

  • Legal Professions And Studies
  • Public Administration And Social Services
  • Health And Clinical Professions
  • Business And Marketing Studies
  • Education

The admissions process starts with the submission of an application, transcripts, records, and test scores, which are then evaluated by the admissions staff. Either the SAT or ACT exam must be taken in order to be able to apply to Drake. Scores within the range of 25 - 29 on the ACT or 1110 - 1330 on the SAT are needed to increase your chances for admission. 63% of those who apply are accepted to Drake University, of which 21 percent choose to enroll. More information on admissions can be found here.

Tuition is approximately $31,000 for the year, though it may change based on different types of circumstances. Students may visit the school's tuition calculator to get a more personalized estimate of costs. Student housing is available on-campus for students. The annual cost of housing is estimated to be $4,900. Some students at this school may be eligible for financial aid, which is typically offered as scholarships, grants, and loans.

The Drake "Bulldogs" compete in a number of intercollegiate sports through participation in the NCAA. Available athletic programs offered:

  • Basketball (NCAA Division I-AA)
  • Track & Field (NCAA Division I-AA)
  • Football (NCAA Division I-AA)
  • Golf (NCAA Division I-AA)
  • Rowing (NCAA Division I-AA)

Contact information, tuition information, areas of study offered, and more can be viewed on school's website at http://www.drake.edu.

Students Enrolled in the Finance Program

Get more details below regarding enrollment, academics, and school demographics. Drake University offers a bachelor's degree program in finance.

Students by Gender (2019)

 Graduates
Male23
Female4

Students by Race (2019)

 Graduates
White19
Multiple Races2
Non Resident Alien6

Source: IPEDS Survey 2012-2020: Data obtained from the US Dept. of Education's Integrated Postsecondary Education Data System (IPEDS). Data may vary depending on school and academic year.

Career Options for Graduates

Upon completion of the Finance program at Drake, most students have pursued careers in the following fields:

Chief Sustainability Officers

Description

Communicate and coordinate with management, shareholders, customers, and employees to address sustainability issues. Enact or oversee a corporate sustainability strategy.

General and Operations Managers

Description

Plan, direct, or coordinate the operations of public or private sector organizations. Duties and responsibilities include formulating policies, managing daily operations, and planning the use of materials and human resources, but are too diverse and general in nature to be classified in any one functional area of management or administration, such as personnel, purchasing, or administrative services.

Treasurers and Controllers

Description

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

Career Outlook & Projections ()

According to the BLS, treasurers and controllers employment is expected to grow at a rate of 6.8% from 2014 to 2024

Budget Analysts

Description

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

Career Outlook & Projections ()

According to the BLS, budget analysts employment is expected to grow at a rate of 2.5% from 2014 to 2024

Credit Analysts

Description

Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decision making.

Career Outlook & Projections ()

According to the BLS, credit analysts employment is expected to grow at a rate of 6.1% from 2014 to 2024

Financial Analysts

Description

Conduct quantitative analyses of information affecting investment programs of public or private institutions.

Career Outlook & Projections ()

According to the BLS, financial analysts employment is expected to grow at a rate of 11.7% from 2014 to 2024

Personal Financial Advisors

Description

Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives.

Career Outlook & Projections ()

According to the BLS, personal financial advisors employment is expected to grow at a rate of 29.6% from 2014 to 2024

Loan Officers

Description

Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.

Career Outlook & Projections ()

According to the BLS, loan officers employment is expected to grow at a rate of 8.1% from 2014 to 2024

Financial Quantitative Analysts

Description

Develop quantitative financial products used to inform individuals or financial institutions engaged in saving, lending, investing, borrowing, or managing risk. Investigate methods for financial analysis to create mathematical models used to develop improved analytical tools or advanced financial investment instruments.

Business Teachers, Postsecondary

Description

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

Source: Job descriptions, estimated salary and wages, and projected job growth are taken from the Bureau of Labor Statistics (BLS).

Admission Requirements & Details

The admission details below may give you an idea of the candidates Drake accepts. The details may include application requirements and recommendations, as well as any college credits that may be transferred.

College Credits Accepted

  • Dual Credits
  • AP Course Credits
accrediation - SELECT Campus_Name, Campus_IPEDS_UnitID, Agency_Name,clean_program_name as Program_Name,Accreditation_Type,Accreditation_Status,Accreditation_Date_Type,Periods,cipcode,entity_id FROM `college_accreditations_2015` ca left join `college_accreditations_program_names` capn on capn.program_name = ca.Program_Name WHERE `entity_id` = '153269' AND `Last Action` = ''

Academics & Student Services

Student Services

To help students and recent graduates, Drake University may offer student services including:

  • Online course work available
  • Weekend and night classes available
  • Career path counseling
  • Employing students to lower education costs
  • Assistance to find work

Intercollegiate Athletics

Drake is a Member of National Collegiate Athletic Association (NCAA), with many of the sports being in the NCAA Division I-FCS classification. The most popular sports played are listed below:

  • Basketball (Missouri Valley Conference)
  • Track and Field (Missouri Valley Conference)
  • Football (Pioneer Football League)
  • Golf
  • Rowing
  • Soccer
  • Softball
  • Tennis
  • Volleyball