Finance Degree

The finance program at Rochester Institute of Technology 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 New York colleges that offer finance degrees.

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Rochester Institute of Technology (RIT)

2301 Westside Dr, Rochester, NY

Rochester Institute of Technology is a nonprofit private institution located in Rochester, NY and provides a large number of degree programs for students. Rochester Institute of Technology has an annual student enrollment of about sixteen thousand.

Areas of study offered at Rochester Institute of Technology include but are not limited to:

• Interdisciplinary Studies
• Engineering
• Business And Marketing Studies
• Computer And Information Sciences
• Engineering Technology
• Visual And Performing Arts

To be considered for admissions, students may be asked to complete an application, write a personal statement, and submit school records, which are then reviewed by admissions staff. Very common exam scores among applicants admitted to RIT are between 25 - 30 on the ACT, or 1620 - 1960 for the SAT exam. This school accepts roughly 60% of applicants yearly. Of those students admitted, around 29% attended the school. More information from the admissions office can be found at rit.edu.

Undergraduate tuition is approximately $35,000 per year, though it may vary based on any number of circumstances. Students should check the school's tuition calculator to see the personalize cost of attendance. Housing is available for students and costs about $6,700 for the year. Students enrolled at Rochester Institute of Technology may qualify for aid which is usually loans, grants, scholarships and work study programs.

The RIT Tigers participate in a number of intercollegiate athletic programs, as part of the NCAA organization. Athletic programs available may include:

• Baseball
• Basketball
• Ice Hockey
• Lacrosse
• Rowing

Students who would like to view more about Rochester Institute of Technology can take a look at their website at http://www.rit.edu/.

Students Enrolled in the Finance Program

Get more details below regarding enrollment, academics, and school demographics. Rochester Institute of Technology has offered the following programs for students:

• Bachelor's Degree
• Master's Degree

Students by Academic Level (2019)

Students by Gender (2019)

Students by Race (2019)

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

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

• Rochester, NY
  • Total Employment: 1
  • Average Hourly Rate: $63.06
  • Average Annual Salary: $131170

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

• Rochester, NY
  • Total Employment: 130
  • Average Hourly Rate: $34.36
  • Average Annual Salary: $71480

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

• Rochester, NY
  • Total Employment: 160
  • Average Hourly Rate: $38.26
  • Average Annual Salary: $79580

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

• Rochester, NY
  • Total Employment: 930
  • Average Hourly Rate: $38.00
  • Average Annual Salary: $79040

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

• Rochester, NY
  • Total Employment: 620
  • Average Hourly Rate: $72.66
  • Average Annual Salary: $151120

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

• Rochester, NY
  • Total Employment: 660
  • Average Hourly Rate: $35.69
  • Average Annual Salary: $74240

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).