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Admissions Office

Financial Aid Office

ACCEPTANCE RATE

86.44%

FINANCIAL AID RATE

100%

STUDENT TEACHER RATIO

14:1

DEGREE OFFERED ONLINE

6

FINANCIAL AID AWARD AVG.

$25,128

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

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Finance Degree

The finance program at Mercyhurst College 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 Pennsylvania colleges that offer finance degrees.

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Mercyhurst College

5800 Ridge Ave, Philadelphia, PA

Mercyhurst College provides a variety of program options for students to guide them in their growth and development. The school is located in Erie, Pennsylvania and operated as a private institution. The school maintains a Roman Catholic affiliation, which is evident in the role it plays in program curriculums and daily life at the school. About four thousand students enroll at Mercyhurst College yearly.

Areas of study offered at Mercyhurst College include:

  • Health And Clinical Professions
  • Security And Protective Services
  • Business And Marketing Studies
  • Education
  • Interdisciplinary Studies

Students applying for admission are required to submit an application, transcripts, records, standardized test scores and any requested personal statements, which will then be reviewed by the admissions staff. Most students admitted to this school earn an SAT score between 1410 - 1740, or an ACT score between 21 - 26. This school accepts approximately 80% of applicants annually. Of those applicants admitted, about 30% attended the school. More information from the admissions office can be found here.

Undergraduate tuition is approximately $30,000 per year, though it may vary based on different types of circumstances. Students may check the school's price of attendance calculator to see the personalize cost of attendance. Housing may be available for students who wish to live on-campus at an estimated cost of $5,400 annually. Some students at this school may qualify for financial aid, which is typically offered in the form of loans, grants, scholarships and work study programs.

The mascot for Mercyhurst College is the "Lakers", and they participate in intercollegiate athletic programs through the NCAA. Available sports offered may include the following:

  • Baseball (NCAA Division II)
  • Basketball (NCAA Division II)
  • Field Hockey (NCAA Division II)
  • Football (NCAA Division II)

Contact information, financial aid information, programs offered, and much more may be accessed on school's website at http://www.mercyhurst.edu.

Students Enrolled in the Finance Program

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

Students by Gender (2019)

 Graduates
Male9
Female5

Students by Race (2019)

 Graduates
Black3
Hispanic1
White5
Non Resident Alien5

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 Mercyhurst College, 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

Salary & Wages

  • Camden, NJ Metropolitan Division
    • Total Employment: 1
    • Average Hourly Rate: $72.92
    • Average Annual Salary: $151660
  • Philadelphia, PA Metropolitan Division
    • Total Employment: 3
    • Average Hourly Rate: $80.08
    • Average Annual Salary: $166560
  • Wilmington, DE-MD-NJ Metropolitan Division
    • Total Employment: 2
    • Average Hourly Rate: $76.21
    • Average Annual Salary: $158510

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

Salary & Wages

  • Camden, NJ Metropolitan Division
    • Total Employment: 280
    • Average Hourly Rate: $33.39
    • Average Annual Salary: $69460
  • Philadelphia, PA Metropolitan Division
    • Total Employment: 420
    • Average Hourly Rate: $36.56
    • Average Annual Salary: $76040
  • Wilmington, DE-MD-NJ Metropolitan Division
    • Total Employment: 80
    • Average Hourly Rate: $38.51
    • Average Annual Salary: $80100

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

Salary & Wages

  • Camden, NJ Metropolitan Division
    • Average Hourly Rate: $38.87
    • Average Annual Salary: $80850
  • Philadelphia, PA Metropolitan Division
    • Total Employment: 530
    • Average Hourly Rate: $37.03
    • Average Annual Salary: $77030
  • Wilmington, DE-MD-NJ Metropolitan Division
    • Total Employment: 1
    • Average Hourly Rate: $33.81
    • Average Annual Salary: $70330

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

Salary & Wages

  • Camden, NJ Metropolitan Division
    • Total Employment: 420
    • Average Hourly Rate: $38.58
    • Average Annual Salary: $80260
  • Philadelphia, PA Metropolitan Division
    • Total Employment: 2
    • Average Hourly Rate: $43.59
    • Average Annual Salary: $90680
  • Wilmington, DE-MD-NJ Metropolitan Division
    • Total Employment: 3
    • Average Hourly Rate: $41.29
    • Average Annual Salary: $85870

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

Salary & Wages

  • Camden, NJ Metropolitan Division
    • Total Employment: 430
    • Average Hourly Rate: $57.07
    • Average Annual Salary: $118720
  • Philadelphia, PA Metropolitan Division
    • Total Employment: 1
    • Average Hourly Rate: $59.07
    • Average Annual Salary: $122870
  • Wilmington, DE-MD-NJ Metropolitan Division
    • Total Employment: 760
    • Average Hourly Rate: $50.77
    • Average Annual Salary: $105590

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

Salary & Wages

  • Camden, NJ Metropolitan Division
    • Average Hourly Rate: $39.47
    • Average Annual Salary: $82100
  • Philadelphia, PA Metropolitan Division
    • Total Employment: 2
    • Average Hourly Rate: $41.26
    • Average Annual Salary: $85820
  • Wilmington, DE-MD-NJ Metropolitan Division
    • Total Employment: 840
    • Average Hourly Rate: $36.00
    • Average Annual Salary: $74880

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 admissions information below may give an overview of the applicants Mercyhurst College accepts. The details may include admissions application requirements and recommendations, as well as any college or dual credits that may be transferred.

College Credits Accepted

  • Dual Credits
  • Life Experience Credits
  • AP Course Credits
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Academics & Student Services

Student Services

To support students and graduates, Mercyhurst College may provide services to students including:

  • Distance learning
  • Classes offered on nights and weekends
  • Remedial courses
  • Academic counseling for students
  • Student employment
  • Assistance to find work

Intercollegiate Athletics

Mercyhurst College is a Member of National Collegiate Athletic Association (NCAA), with many of the sports belonging to the NCAA Division II with football classification. The most popular sports played are listed below:

  • Baseball (Pennsylvania State Athletic Conference)
  • Basketball (Pennsylvania State Athletic Conference)
  • Field Hockey
  • Football (Pennsylvania State Athletic Conference)
  • Golf
  • Ice Hockey
  • Lacrosse
  • Rowing
  • Soccer
  • Softball
  • Tennis
  • Track and Field, X-Country
  • Volleyball
  • Water Polo
  • Wrestling