Finance Degree

The finance program at Morgan State 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 Maryland colleges that offer finance degrees.

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Morgan State University

51 Mannakee Street, Rockville, MD

Morgan State University is a public historically black institution located in Baltimore, Maryland. A majority of historically black colleges and universities (also known as HBCUs) were established after the civil war to provide newly freed African Americans with educational opportunities. Enrollment at MSU exceeds seven thousand yearly.

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

• Communications And Journalism
• Business And Marketing Studies
• Health And Clinical Professions
• Engineering
• Biological And Biomedical Sciences
• Psychology

To be considered for admissions, you may be asked to fill out an application, write a personal statement, and submit high school records and test scores, which are then reviewed by the admissions committee. Students may take either the SAT or ACT exam scores to be considered for admissions to Morgan State University. A score between 820 to 980 on the SAT, or 16 to 19 for the ACT is usually submitted among accepted students. Approximately 50 percent of all applicant were admitted at MSU, with 38 percent of those admitted choosing to enroll. More information from the admissions office can be found at morgan.edu.

The cost of undergraduate tuition varies for in-state and out-of-state residents. In-state residents pay approximately $7,600 and nonresidents pay $18,000 annually. The price of on-campus housing is approximately $6,200 annually. Financial aid may be offered to students that meet the necessary requirements by way of scholarships, grants, and loans.

The MSU Bears participate in several intercollegiate athletic programs, with competitions managed and overseen by the NCAA. Available athletic programs offered may include:

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

Students can visit the Morgan State University website to get a complete list of areas of study, programs, admissions information, and more that is available at this school.

Students Enrolled in the Finance Program

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

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

• Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division
  • Total Employment: 14
  • Average Hourly Rate: $74.37
  • Average Annual Salary: $154680

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

• Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division
  • Total Employment: 4
  • Average Hourly Rate: $44.72
  • Average Annual Salary: $93010

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

• Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division
  • Total Employment: 1
  • Average Hourly Rate: $40.95
  • Average Annual Salary: $85180

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

• Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division
  • Total Employment: 8
  • Average Hourly Rate: $47.06
  • Average Annual Salary: $97890

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

• Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division
  • Total Employment: 2
  • Average Hourly Rate: $56.70
  • Average Annual Salary: $117930

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

• Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division
  • Total Employment: 5
  • Average Hourly Rate: $42.87
  • Average Annual Salary: $89160

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).