What Career Options are Available for Finance Majors?
Finance degree programs are relatively popular among students in the United States. They are often considered a good option for those interested in money management, banking, and/or economics. Often considered closely related to business, these programs provide a general introduction to many technical skills that are useful in almost any industry. This makes graduates well-prepared to join the workforce and may qualify them for employment in a wide variety of professions.
According to the US Bureau of Labor Statistics (BLS), employment for business and financial occupations is expected to increase by 7% from 2021 to 2031. This is about as fast as the average for all occupations in the nation and will result in approximately 980,200 job openings each year. Prospects vary by profession, however. Projected growth for accountants and auditors is 6%, with an estimated 136,400 job openings each year for the next decade. Market research analysts, on the other hand, are expected to see a 19% increase in employment, which is much faster.
Finance and insurance is the seventh largest industry in Arkansas, accounting for $6.3 billion in revenue each year. Professionals in this field are likely to find employment opportunities in many of the state’s top sectors, however, as finance is an integral part of most businesses. Knowledge and skills in this subject may also lead to jobs in manufacturing, professional and business services, real estate, healthcare, and retail.
Based on data provided by the US Bureau of Labor Statistics, 57,500+ business and financial operations professionals were employed in Arkansas as of May 2021. The annual mean wage in the state for these occupations was $67,190. Notably, this is well above Arkansas’ annual mean wage of $47,040 for all occupations.
Featured Online Programs
Top Ranked Campus & Online Finance Programs in Arkansas
University of Arkansas
Score: 83.11
- Undergraduate Tuition
- In-State: $9,748
- Out-of-State:$28,772
- Net Price: $16,208
- Acceptance Rate: 79%
- Retention Rate: 86%
- Graduation Rate: 69%
- Total Enrollment: 30,936
- Undergrad Students: 26,269
- Graduate Students: 4,667
- Grads Salary: $72,000
- Student-to-faculty: 20:1
Harding University
Score: 82.22
- Undergraduate Tuition
- In-State: $24,888
- Out-of-State:$24,888
- Net Price: $19,558
- Acceptance Rate: 45%
- Retention Rate: 84%
- Graduation Rate: 69%
- Total Enrollment: 4,805
- Undergrad Students: 3,523
- Graduate Students: 1,282
- Grads Salary: $69,000
- Student-to-faculty: 15:1
University of Arkansas at Little Rock
Score: 78.95
- Undergraduate Tuition
- In-State: $8,455
- Out-of-State:$19,210
- Net Price: $11,173
- Acceptance Rate: 61%
- Retention Rate: 75%
- Graduation Rate: 42%
- Total Enrollment: 8,197
- Undergrad Students: 5,825
- Graduate Students: 2,372
- Grads Salary: $70,000
- Student-to-faculty: 11:1
John Brown University
Score: 78.35
- Undergraduate Tuition
- In-State: $30,832
- Out-of-State:$30,832
- Net Price: $20,997
- Acceptance Rate: 57%
- Retention Rate: 84%
- Graduation Rate: 71%
- Total Enrollment: 2,326
- Undergrad Students: 1,801
- Graduate Students: 525
- Grads Salary: $65,000
- Student-to-faculty: 15:1
Arkansas State University
Score: 78.12
- Undergraduate Tuition
- In-State: $7,754
- Out-of-State:$13,826
- Net Price: $12,011
- Acceptance Rate: 70%
- Retention Rate: 78%
- Graduation Rate: 53%
- Total Enrollment: 13,190
- Undergrad Students: 8,201
- Graduate Students: 4,989
- Grads Salary: $65,000
- Student-to-faculty: 15:1
University of Arkansas at Pine Bluff
Score: 73.67
- Undergraduate Tuition
- In-State: $9,019
- Out-of-State:$17,029
- Net Price: $9,959
- Acceptance Rate: 69%
- Retention Rate: 59%
- Graduation Rate: 41%
- Total Enrollment: 2,387
- Undergrad Students: 2,182
- Graduate Students: 205
- Grads Salary: $64,000
- Student-to-faculty: 13:1
Arkansas Tech University
Score: 71.97
- Undergraduate Tuition
- In-State: $8,508
- Out-of-State:$14,502
- Net Price: $12,016
- Acceptance Rate: 94%
- Retention Rate: 63%
- Graduation Rate: 49%
- Total Enrollment: 9,445
- Undergrad Students: 8,722
- Graduate Students: 723
- Grads Salary: $64,000
- Student-to-faculty: 18:1
University of Central Arkansas
Score: 70.23
- Undergraduate Tuition
- In-State: $10,118
- Out-of-State:$17,258
- Net Price: $15,456
- Acceptance Rate: 91%
- Retention Rate: 74%
- Graduation Rate: 50%
- Total Enrollment: 9,913
- Undergrad Students: 7,994
- Graduate Students: 1,919
- Grads Salary: $62,000
- Student-to-faculty: 14:1
Ouachita Baptist University
Score: 69.28
- Undergraduate Tuition
- In-State: $32,480
- Out-of-State:$32,480
- Net Price: $21,677
- Acceptance Rate: 72%
- Retention Rate: 79%
- Graduation Rate: 65%
- Total Enrollment: 1,784
- Undergrad Students: 1,730
- Graduate Students: 54
- Grads Salary: $56,000
- Student-to-faculty: 12:1
Williams Baptist University
Score: 68.63
- Undergraduate Tuition
- In-State: $20,330
- Out-of-State:$20,330
- Net Price: $14,488
- Acceptance Rate: 59%
- Retention Rate: 58%
- Graduation Rate: 45%
- Total Enrollment: 584
- Undergrad Students: 562
- Graduate Students: 22
- Grads Salary: $59,000
- Student-to-faculty: 16:1
University of the Ozarks
Score: 68.62
- Undergraduate Tuition
- In-State: $25,950
- Out-of-State:$25,950
- Net Price: $16,319
- Acceptance Rate: 60%
- Retention Rate: 69%
- Graduation Rate: 41%
- Total Enrollment: 784
- Undergrad Students: 784
- Graduate Students: N/A
- Grads Salary: $62,000
- Student-to-faculty: 14:1
University of Arkansas-Fort Smith
Score: 67.97
- Undergraduate Tuition
- In-State: $6,906
- Out-of-State:$13,770
- Net Price: $10,705
- Acceptance Rate: 100%
- Retention Rate: 71%
- Graduation Rate: 42%
- Total Enrollment: 5,379
- Undergrad Students: 5,335
- Graduate Students: 44
- Grads Salary: $59,000
- Student-to-faculty: 19:1
University of Arkansas at Monticello
Score: 67.7
- Undergraduate Tuition
- In-State: $8,868
- Out-of-State:$14,718
- Net Price: $12,693
- Acceptance Rate: 100%
- Retention Rate: 68%
- Graduation Rate: 39%
- Total Enrollment: 2,719
- Undergrad Students: 2,270
- Graduate Students: 449
- Grads Salary: $62,000
- Student-to-faculty: 12:1
Henderson State University
Score: 64.77
- Undergraduate Tuition
- In-State: $7,885
- Out-of-State:$9,882
- Net Price: $17,656
- Acceptance Rate: 71%
- Retention Rate: 57%
- Graduation Rate: 39%
- Total Enrollment: 2,519
- Undergrad Students: 1,807
- Graduate Students: 712
- Grads Salary: $63,000
- Student-to-faculty: 16:1
NorthWest Arkansas Community College
Score: 55
- Undergraduate Tuition
- In-State: $4,566
- Out-of-State:$5,022
- Net Price: $6,578
- Acceptance Rate: 100%
- Retention Rate: 61%
- Graduation Rate: 25%
- Total Enrollment: 7,593
- Undergrad Students: 7,593
- Graduate Students: N/A
- Grads Salary: $39,900
- Student-to-faculty: 13:1
