Associates in Finance Degrees & Programs Guide

Associates Finance Options & Salary

Overview of an Associates in Finance

Finance is a broad category for a number of degrees and careers. You can move into bookkeeping, tax work, or consulting with a variety of clients in nearly any industry. While an associate will only gain you access to a limited number of entry-level positions, it will give you an introduction to the great variety possible in a career in finance. If you are unsure where you want to take your future career, earning an associate is the perfect first step to allow you to figure that out, as well as giving you a way to get into the field as soon as possible. With this degree you can jump right into a job in the field, gain experience, and earn a living either full-time or while you go back to school to earn a bachelor’s with your preferred specialization or industry.

Business Degrees & Career Paths


An Associate Degree in Finance is an entry-level degree that can start a career in finance and open the doors to several financial occupations. Unlike a bachelor’s degree, an associate degree requires about 60 credit hours and students can complete the coursework in two years. Given the costs of education, the savings of two years of tuition, fees, and living expenses can be a critical factor for many families. Associate degrees create earning power above and beyond that available to the average person with a high school diploma. The Bureau of Labor Statistics projects that associate degree holders make more than high school graduates. In 2017, the median for associate degree grads was $836 per week, and high school graduates earned a median wage of $712.


Employers require a bachelor’s level education for many positions within finance occupations. The bachelor’s curriculum includes more extensive coursework and graduates can enter the job force with a broader and deeper set of skills and knowledge than they can with an associate degree. The student must also consider the limitations of an associate degree; some career goals are more easily accomplished with a bachelor’s degree, such as the earning of certain credentials/certifications. For example, students that achieve a bachelor’s degree from an accredited school may be eligible to sit for the Chartered Financial Analyst Level I exam or complete the Certified Financial Planning (CFP) designation. Further, students that wish to advance to upper management may need a master’s degree in finance, which you can’t even begin without a bachelor’s degree.

Certificate Vs. Associates

A certificate differs from an associate degree. The associate degree represents an achievement in general education. The certificate is more focused and designed to certify or prove competence in a narrow area or niche. The certificate differs from the associate degree in terms of costs, time to complete, and uses for advancement.

The certificate is an end to itself. Usually, it does not provide academic credit toward a bachelor’s degree. The certificate is also quicker than an associate; certificate programs usually run for one year or less. The certificate is for people that possess a required level of education and experience. The acceptance requirements differ from an associate program, which typically do not require specialized education or experience.

What Finance Associate Degrees are Available?

The associate degree is a two-year college level degree. In terms of general education, the associate degree can resemble the first half of a four-year bachelor’s degree. Associate degrees are popular among students that seek a two-year education and also among those who seek a bachelor’s or more. The associate degree typically is substantially less expensive than attending a four-year institution.

A graduate of an associate degree program is equipped for employment in occupations in which employers seek at least some level of college education. Those students who aim to earn associate degrees usually fall into two broad categories. First, some students are preparing for further education and earn Associate of Arts or Associate of Science degrees. Other students are preparing to enter an occupation, business, or profession. These students often opt for ‘applied’ science or art degrees.

  • An Associate of Science in Finance (AS) is a two: year degree that focuses on the field of finance. The associate of science degree may have more math, computer, and technology coursework, along with similar business topics like statistics.
  • An Associate in Applied Science in Finance (AAS) is a career: oriented degree with a lower number of general education courses and a higher number of practical courses than the AA or AS degrees. Students that wish to enter the field but do not expect to complete a four-year degree can select these courses to meet their goals.
  • An Associate of Arts in Finance (AA) is a two: year degree with courses that cover general knowledge and broad areas of study. In the finance sector, this degree prepares students to complete a bachelor’s degree at a later time.
  • An Associate of Applied Business (AAB) prepares: students to work in corporate and organizational roles including small business, non-profits, and entrepreneurship. Students study the practical aspects of business including management, marketing, accounting, and legal aspects.
  • An Associate of Applied Arts (AAA) is a degree: program designed to help students enter the job market upon graduation. These courses of study have a sharp focus on hands-on training and learning in real-world environments.

Admission Requirements

Each school sets their own admissions standards for associate degree programs. The basic requirement is the completion of a high school education either by diploma, GED, or home study. Schools require transcripts from high school and any college work completed. Typical requirements also include some form of essay, personal information, and test scores from standard tests like the SAT or the ACT.

Online programs offer process admissions without a personal meeting. However, applicants should engage the school and at least speak by telephone with admissions officials. This not only helps the applicant by answering questions and reducing concerns, but it can also streamline the admission process by allowing you to get a clear picture of the requirements.

Schools must commit time and resources to review applications. The schools often cover their costs by charging application fees. Many schools may waive or reduce the fee should it interfere with the student’s ability to apply for admission.

How long does it take to earn a Finance Associates?

An Associate Degree in Finance usually takes about 60 semester hours. This is roughly 20 college-level courses or labs. Some courses of study also require internships in real-world settings such as offices, training facilities, or commercial locations. Students can pursue an associate degree on a full-time basis and complete it within two-years, or they may elect a part-time approach and complete the degree in three or more years. Online study may reduce the time needed to complete the degree. Many students take additional courses during the school year and in the summer session. By adding an extra course and using the summer session, students can reduce the time needed to as little as 18 months.

Potential Careers in Finance with an Associates

The below-listed items describe careers and positions for those with an associate degree in finance.

  • Financial Analysts examine trends and information in various markets such as investments. They can serve within an organization to analyze internal processes, and they can help plan for the best gains under various potential economic situations. The national average salary is $60,000.
  • Financial Clerks help businesses and organizations manage their pay and benefits programs to be sure that all employees receive proper and timely payments. Clerks can have responsibility for organizational functions such as payroll or larger processes such as accounts payable and receivable. The national average salary is $38,200.
  • Personal Financial Advisors help individuals, families, and businesses develop their assets for income and security, aiming for the best possible outcome. Personal financial advice is a growing industry as more families learn the benefits of personal economic planning. The national average salary is $58,700.
  • Real Estate Analysts provide expertise in the valuation and other decisions concerning property. They pay attention to markets and trends and can help determine the best time as well as options for organizational action. These can include leasing, buying, and acquiring property or property rights. The national average salary is $59,200.
  • Sales Managers are important positions in businesses that obtain income for the company from commercial and other types of sales. These roles involve setting goals, managing staff, and working with customers and accounts. The associate degree in finance helps students gain a basic understanding in these skills. The national average salary is $56,500.

Options to Advance

An associate degree can be an excellent starting point for a finance career. Students can begin at entry-level positions in small, medium, or large organizations. Some students may start businesses and begin a career as an entrepreneur. Whether the associate is an AA, AS, AAS, or AAA type degree, students can work with four-year schools to transfer some or all their credits towards a bachelor’s degree. The bachelor’s level, when added to prior work experience, can propel a career into upward mobility. With the bachelor’s and a focused field of study, you can find new and higher paying opportunities.

Associate degree holders can also enhance their skills by further coursework without an advanced degree, and this can add depth and focus to a skill set. Some occupations benefit from certifications from industry organizations that can provide a higher level of skill and knowledge than other candidates.

Best Associate of Science in Finance Programs

  • Lone Star College
    Houston, TX

    Ranked among the top schools in Texas, Lone Star College offers excellent student to faculty ratios and faculty strengths in business disciplines, including accounting and finance. The school equips students for leadership tracks in finance, accounting, and business.

    Degrees Offered:

    • Associate of Arts - Business
    • Associate of Arts Degree
  • City University of New York (CUNY)
    New York, NY

    Located in the city of New York, a leading global financial center, CUNY - Manhattan is an ideal place to study and work in the field of finance. Students can take advantage of outstanding opportunities to learn, seek internships, and get instruction from industry leaders.

    Degrees Offered:

    • AS in Financial Management
    • AS Business Administration
  • Northwest Arkansas Community College
    Bentonville, Arkansas

    NWACC prepares graduates for careers in finance and banking including further education to the bachelor’s level. Students can complete the degree up to 95% online. The degree programs have accreditation from the Higher Learning Commission.

    Degrees Offered:

    • Associate of Science in Business
    • AAS in Banking and Finance
    • AAS in Accounting Technology
  • Northern Virginia Community College (NOVA)
    Annandale, VA

    Located near the bustling national capitol, NOVA offers a convenient location and a wealth of public resources for learning. The faculty draws from a deep pool of financial and academic sources in the Washington, Maryland, and Virginia areas.

    Degrees Offered:

    • Accounting A.A.S.
    • Business Management: A.A.S.
    • Business Administration A.S.
  • Portland Community College
    Portland, Oregon

    Portland Community College offers business and accounting degrees with finance elements and coursework. The preparatory degree for a bachelor’s degree provides a solid foundation in finance and financial management.

    Degrees Offered:

    • Associate of Science Oregon Transfer-Business Degree (ASOT-Business)
    • Associate Applied Science: Accounting
    • Associate of Applied Science: Management

Traditional Schools Offering an AS in Finance

  • Davenport University
    Grand Rapids, Michigan

    Davenport University has seven locations in Michigan and an online learning division. The online division has three finance programs at the associate degree level. Among its 50 academic programs are associate degrees in business administration and finance.

    Degrees Offered:

    • Associate of Business Administration
    • Associate of Business Administration, Finance
    • Associate of Business Administration, Accounting
  • Franklin University
    Columbus, Ohio

    Franklin University is a regionally accredited institution approved by the Higher Learning Commission. Franklin University offers online courses of study leading to Associate of Science degrees in financial management and other finance-based disciplines.

    Degrees Offered:

    • A.S. Accounting
    • A.S. Financial Management
    • A.S. Forensic Accounting
    • A.S. Insurance
  • Houston Community College
    Houston, Texas

    HCC offers education, training, and degrees through its Business Center of Excellence. HCC is Institutionally accredited by the Southern Association of Colleges and Schools (SACSCOC). The American Bankers Association and the American Institute of Banking endorsed the HCC banking and finance program.

    Degrees Offered:

    • AAS in Finance/Banking
    • Certificate Level 1 – Finance and Banking
  • Columbus State Community College
    Columbus, Ohio

    This large two-year college emphasizes its connections with Ohio employers and the regional economy. The school prides itself on producing graduates that succeed in the workplace. CSCC has HLC accreditation and business program accreditation by the ACBSP.

    Degrees Offered:

    • AAS in Finance
    • Associate of Applied Science in Finance
    • Business Associate of Arts Degree
    • Associate of Applied Science in Business Management
  • North Hennepin Community College
    Brooklyn Park, MN

    This large Midwestern college has HLC accreditation and strong resources for transferring credits to four-year institutions. The business degree options have finance focus or emphasis including an AAS in finance management.

    Degrees Offered:

    • Associate Applied Science in Finance Management
    • Business Transfer Pathway (AS)
    • Business Computer Systems and Management (AAS)
    • Entrepreneurship (AAS)
    • Finance Management (AAS)
    • Management (AAS)
    • Marketing (AAS)