Master's · earnings grade

Is a Finance degree worth it?

Graduates earn a median $82,993 two years after finishing, more than 75% of master's majors. Measured across 266 US programmes by the Department of Education — real graduate pay, not survey answers.

B

The verdict on the money

Yes — graduates earn more than most majors at this level.

Median earnings $82,993 2 years after finishing · per graduate
Typical range $64,196–$87,973 middle half of US programmes
Over no degree +$43,473 vs $39,520 high-school median
Graduates a year 4,158 266 programmes

Where a Finance degree pays best US programmes ranked on their own graduates' median earnings two years out.

#University1 yr out2 yrs out3 yrs outGraduates/yr
1 University of Pennsylvania cost & debt at this university → $189,905 $201,334 $249,574 92
2 New York University cost & debt at this university → not published $126,504 not published 25
3 University of Houston cost & debt at this university → not published $122,038 not published
4 Vanderbilt University cost & debt at this university → $131,102 $117,572 $133,025 6
5 Boston College $90,012 $117,572 $142,311 58
6 University of Wisconsin-Madison cost & debt at this university → not published $107,256 $131,458 22
7 Fordham University cost & debt at this university → not published $103,078 $95,156
8 University of Florida cost & debt at this university → $123,668 $103,078 $87,622 56
9 Tulane University of Louisiana $103,779 $102,409 $114,342 69
10 Southern Methodist University cost & debt at this university → $99,239 $101,558 $116,891
11 Claremont McKenna College not published $100,075 not published 13
12 Johns Hopkins University cost & debt at this university → $78,878 $98,847 $107,818 72

What this figure does and does not tell you

Two medians are worth separating. $82,993 is what the typical graduate earns — each programme counted in proportion to how many students it graduates. $74,576 is what the typical programme reports, counting a class of twenty the same as a class of two thousand. The weighted figure is higher here, which means the larger programmes in this field are the better-paying ones.

It is the median of what real graduates of this exact major earned, taken from tax records two years after they completed. It is not a starting salary, not an average of job adverts, and not a projection. The median master's major in this dataset reports $52,837, so Finance sits above the middle by $30,156.

Two years is early in a career. Fields with long training pipelines — medicine, law, research — look weaker at this point than they will at ten, while trades and applied technical fields peak sooner. Read a low figure in a long-pipeline subject as "slow start", not "bad degree".

There is no debt figure here on purpose. The Department of Education publishes earnings by field of study but not borrowing, so nobody can honestly tell you the debt of a specific major. Debt is published per institution — that is where our university cost pages carry it.

Finance at other levels

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Finance: the questions people ask

How much do Finance graduates earn?
The median master's graduate earns $82,993 two years after finishing (weighting each programme by how many students it graduates), across 79 US programmes that publish the figure. One year out it is $72,510.
Is a Finance degree worth it?
Yes — graduates earn more than most majors at this level. The median graduate earns $43,473 a year more than a US worker whose highest qualification is a high-school diploma.
What is the salary range for Finance?
Half of US programmes report medians between $64,196 and $87,973. Where you study moves this figure more than most applicants expect.
How many people graduate in Finance each year?
About 4,158 students complete a master's in this field each year across 266 US programmes.
Does this include student debt?
No — and deliberately. The Department of Education publishes earnings by field of study but not debt, so any "debt by major" figure you see elsewhere is an estimate. Debt is published per institution, which is why our university pages carry it and this page does not.

Classified by the Department of Education as Finance and Financial Management Services (CIP 5208). Source: US Department of Education College Scorecard, field-of-study earnings (median earnings of graduates who received federal financial aid, measured 1–3 years after completion). Figures are per major and credential level, pooled across US programmes. Information only, not financial advice.