Finance Degree

The finance program at University of Minnesota – Duluth 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 Minnesota colleges that offer finance degrees.

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University of Minnesota – Duluth

1750 WEIR DRIVE, WOODBURY, MN

UMD is a public school that has a fair number of degree programs available for students to choose from. The school is located in Duluth, MN, in a predominantly urban area. Enrollment at UMD exceeds twelve thousand per year.

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

• Psychology
• Business And Marketing Studies
• Biological And Biomedical Sciences
• Communications And Journalism

Students applying for admission are asked to submit an application, transcripts, records, standardized test scores and any requested letters of recommendations, which will then be reviewed by the admissions staff. A SAT or ACT exam may be required prior to applying, with scores between 1400 to 1780 for the SAT exam and between 22 to 26 on the ACT is typical among students admitted to UMD. University of Minnesota - Duluth accepts approximately 80% of applicants yearly. Of those applicants admitted, nearly 37% registered for enrollment. More information regarding admissions can be found here.

The tuition at this school varies based on the state of residence of the student. In-state residents pay approximately $14,000 per year, while out-of-state residents are charged $16,000 annually. UMD may offer financial aid for students who qualify as scholarships, grants, and loans.

The UMD Bulldogs participate in several athletic programs, within the NCAA organization. Available sports offered may include the following:

• Baseball (NCAA Division II)
• Basketball (NCAA Division II)
• Track & Field (NCAA Division II)
• Football (NCAA Division II)

For a complete list of programs offered, enrollment information, student services, and more, please visit the school's website at http://www.d.umn.edu/.

Students Enrolled in the Finance Program

Get more details below regarding enrollment, academics, and school demographics. University of Minnesota – Duluth 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

• Minneapolis-St. Paul-Bloomington, MN-WI
  • Total Employment: 11
  • Average Hourly Rate: $68.00
  • Average Annual Salary: $141440

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

• Minneapolis-St. Paul-Bloomington, MN-WI
  • Total Employment: 240
  • Average Hourly Rate: $32.81
  • Average Annual Salary: $68250

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

• Minneapolis-St. Paul-Bloomington, MN-WI
  • Total Employment: 2
  • Average Hourly Rate: $38.31
  • Average Annual Salary: $79680

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

• Minneapolis-St. Paul-Bloomington, MN-WI
  • Total Employment: 5
  • Average Hourly Rate: $42.00
  • Average Annual Salary: $87370

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

• Minneapolis-St. Paul-Bloomington, MN-WI
  • Total Employment: 3
  • Average Hourly Rate: $56.20
  • Average Annual Salary: $116890

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

• Minneapolis-St. Paul-Bloomington, MN-WI
  • Total Employment: 4
  • Average Hourly Rate: $38.52
  • Average Annual Salary: $80120

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).