Accelerated Finance Degree Programs Online

Are you thinking of an accelerated online finance degree?

Finance is a burgeoning field with an expected job market increase of 8% in the next 7 years. The employment world of finance is as varied as the ways you earn money. From analysts, managers, sales and advisors there is a niche for you if you are ambitious, love numbers and computing figures.

Accelerated finance degree online

 

It’s been on your mind for awhile. Your backburner dream of working in finance. You know you would be good at it. But you can’t put life on hold for 4 years to pursue a degree. You know that 99% of jobs in finance will require at least a bachelor’s degree.

Accelerated Finance Degree Programs Overview

Finance is the cornerstone of most businesses. It makes sense that a finance degree is typically a Bachelor’s of Science in Business Administration with a major in Finance. A finance degree prepares you for both working in business and in finance.

John Paulson, a famous American investor, has been called “the man who made one of the biggest fortunes in Wall Street history.” Paulson started out his career at New York University’s College of Business with a degree in finance.

He applied what he learned! He went from being a money manager to investing his own money to make an estimated $8.6 billion dollars. His finance degree paid off big!

There is no guarantee that a degree in finance will profit you over $8 billion dollars but it will prepare you to be a wise money manager both corporately and personally through classes like:

  • Sustainable Enterprise
  • Financial Accounting
  • Managerial Accounting
  • Ethics in Contemporary Organizations
  • Social-Ethical-Regulatory Issues in Business
  • Financial Markets and Institutions
  • Principles of Investments
  • Strategic Management
  • Supply Chain Management

With classes like those under your belt you will be ready to go big in the financial world. But how big is big? Check out these careers and the income you could be making.

Careers with an Accelerated Finance Degree

The Bureau of Labor and Statistics estimates that there will be an additional 632, 400 jobs in the next 7 years in finance and business. The average yearly wage for all those new jobs is estimated at $66,530. That is almost double the average wage of a typical North American employee.

Career Annual Salary
Appraiser $68,150
Real Estate Assessor $51, 850
Budget Analyst $73,840
Purchasing Agent $60,700
Financial Analyst $81,760
Financial Manager $117,900
Personal Financial Advisor $89,160
Financial Services Sales Agent $71,550
Financial Examiner $79,280
Management Analyst $81,330

Source: Bureau of Labor Statistics

You might have noticed that a degree in finance holds many similarities to a degree in accounting. Many of the careers you could pursue would be satisfied with either degree.  A key difference is a degree in Finance will prepare you for the science of planning and distributing the assets of a business. Accounting is more geared towards the recording and reporting of financial transactions. Both deal with money and both can make you good money.

Accelerated Finance Degree Programs Offer Year-Round Admissions

A key skill in the world of finance is good timing when it comes to investments. Same principle applies to starting your degree in finance.

An accelerated online finance degree can be started any time of the year. That means that you can choice to start your degree when it works for your life. Now that makes good sense! In a traditional program you might feel like you are trapped by the September – April schedule. But you don’t have to be.

An online degree offers you the benefit of planning your start for when it works for you. Whether that is the middle of the summer or right before Christmas.

Types of Accelerated Finance Degree Programs

An accelerated finance degree has 6 different concentrations. Are you interested in international travel and speak a second language? International finance might be a good fit for you. Do you want to work with individuals or with a corporation? Do you like investing or risk management?

Each area has their own set of jobs and perks. You just need to choose which one spikes your interest.

Purdue University Global offers the following Online Bachelor’s in Finance programs. Purdue’s online classes are accelerated, lasting only 6 weeks long.

No matter what concentration you choose, your degree in finance can teach you excellent communication skills, IT skills, analytical and logical problem solving and how to take initiative to solve a financial problem.

3 Ways to Accelerate Your Finance Degree Even More

You’ve made the decision to start but you are dreading the thought of 5-6 long, drudging years before you can be back out in the workforce making big money. Never fear! Even though a finance degree means you will have to earn at least 180 credits, you do not need to take 6 years to do that.

Are you questioning those math skills? You know that a typical student earns 30 credits a year so it should take 6 years to earn 180 degrees. But not for the clever student who uses these tips.

#1. Test out of college classes (up to 1 year)

Why go to class when you can just earn the credit by writing the exam? It sounds like a complete scam but it is legit. Most universities have a Credit by Exam program in place where you can earn 30 credits towards your degree by writing the exams for the classes.

30 credits is the equivalent of a full year of classes in a traditional program. Crazy, right?

If you think you already know the material for business management or microeconomics than you can just register for the exam and write 90 multiple choice questions. Score yourself 3 credits in less than 2 hours! Even if the material is not familiar to you, you can buy a study guide and study hard. When you take the exam, you only have to get 50% of the questions right to receive credit.

#2. Get college credit for your life and work experience

Do you have experience in the areas of business or finance? You can earn college credit for what you have accomplished at work.

This is called Credit for Prior Learning and most universities have a program in place where your previous life, work and military experience can be evaluated for credit. You would talk to your advisor at the university you are enrolled with and put together a portfolio that shows your training, experience and credentials. You submit this portfolio and can be given credit for the matching classes.

Classes like:

  • Accounting
  • Intro to Business
  • Personal Finance

You could even apply to earn credit for your elective classes if you have experience in humanities or languages. The maximum number of credits that you can typically earn through Credit for Prior Learning is 15.

#3. Stay continuously enrolled with the max course load

Eventually though, you do need to take classes. How you take your classes will determine how quickly you finish!

You can take a typical 15 credits per semester. You may already have 45 credits from Credit by Exam and Credit for Prior Learning. You still need to earn 135 credits. At 15 credits per fall and winter semester it will take you 4.5 years.

The secret is that most universities will allow you to take 18 credit hours per semester. Just one extra class every semester. Don’t forget to capitalize on the summer semester. When all your friends are posting pics of their hot dog legs by the pool you could be taking a full credit load.

This strategy can earn you 54 credits in 12 months.

Instead of your finance degree taking 4.5 years it will end up being 2.5 years. 30 months.

Then you can post pictures of your hot dog legs by the pool in February when you are on a paid vacation from your high paying finance job. While your friends are still slogging through university classes.

Transferring Your Existing College Credits

Is this your second (or third or fourth) try at getting a college degree? There is no shame in that! You can use those previous classes you took at college to your advantage now.

No college credit is wasted! You can request to have that credit transferred to your finance degree program.

The class must:

  • Be taken at an accredited college
  • Have a decent mark, at least a C
  • Fit your new degree requirements

Then boo-yah! More credit to apply to your current degree from something you already did. Thank you Me from Yesteryear! Even if a class doesn’t match your degree it can still be used as an elective. Use up your pre-existing credit to fill those holes.

Lower Tuition Costs

So Mr. or Ms. Future Moneybags, answer this question. What is the best way to save money on a finance degree?

The answer: take fewer classes. Not only does this save you time but it can save you truckloads of money.
At Colorado Tech University  your tuition will be $325 per credit hour, a 3 credit class will cost you $975. But that is not the only way to earn 3 credits. You can take a financial accounting exam with the College Level Examination Program and earn 3 credits for $85. Same credit but you just saved $890.

You can test out of classes for all 30 credits and save $8,900.

You can be the financial whiz. What is a better investment: $46,225 or $266, 460 for a 5 year degree in finance?

Accelerated Finance Degree Programs Online – Accelerated Classes vs. Self-Paced Classes

Once you’ve decided to start your accelerated online finance degree you decide how fast you want to finish. There are 2 options available to you and which is faster depends on how you like to work.

There are universities that offer either accelerated online classes or self paced classes. An accelerated online class has a set schedule determined by the school. The class starts when at a pre-determined time and will need to be completed by the deadline. A good motivator if you need an external source keeping you on track.

Self paced classes are exactly like they sound. You set the pace. Once you register for a self paced class you are the one who decides how fast you complete the class and even how many classes you complete in the timeframe. A brilliant fit if you can drive yourself to work fast!

Option 1: Accelerated Online Finance Classes

Accelerated classes have a distinct advantage over the traditional classes you could take. They are twice as fast. A typical class will run for a 16 week semester. If you sign up for an online finance class you can complete the class in 8 weeks. You could also take another class right after the first and end up with twice as many credits in the same time frame as a regular class. That is a good investment!

Option 2: Self-Paced Online Finance Classes

Do you see yourself as more of an academic sprinter than a marathon runner? If you love to complete classes at high and intense speeds look at self paced online classes. There are 2 universities, Western Governors University and Capella University, that offer self paced finance classes.

At Capella you pay a one time fee of $2300. This fee covers you for a 12 week session and you can complete as many classes as you want during that time. Sound incredible? It is.

In 12 weeks you could complete 6 classes for $2300. You can take up to 2 at one time but can pick up a new one as soon as you finish the first.

This ends up at a ¼ of the cost of a typical class ($1500) and you are completing classes at 2.5 times the speed of a typical semester.

Finance Degree Accreditation

An accredited degree is a valid degree. Accreditation is not just a fancy designation, it can mean the difference between your future employer recognizing your degree or not.

Most regional colleges will be regionally accredited. That is good enough. You can aim for a higher level of accreditation by looking for colleges that have accreditation by:

Make sure you have that stamp of accreditation before you start a degree program. You are not saving money or time if your degree ends up being fake.

List of Finance Degrees Online

Rank University Featured Image tbl-programs Location mdgtbl-description
1

Baker College

PROGRAMOnline
LOCATIONMichigan
ACCREDITATIONHLC
Baker is accredited by the Higher Learning Commission.
  • Online Bachelor’s in Finance
2

Bemidji State University

PROGRAMOnline
LOCATIONMinnesota
ACCREDITATIONHLC
Bemidji is fully accredited by the Higher Learning Commission.
  • Online Bachelor’s in Finance
  • Online Bachelor’s in Accounting
3

Brandman University

PROGRAMOnline
LOCATIONCalifornia
ACCREDITATIONWSCUC
Brandman is accredited by the WASC Senior College and University Commission.
  • Online Bachelor’s in Accounting
  • Online Bachelor’s in Finance
4

Brescia University

PROGRAMOnline
LOCATIONKentucky
ACCREDITATIONSACSCOC
Brescia is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award associate, baccalaureate, and master’s degrees.
  • Online Bachelor’s in Accounting
5

California State University – East Bay

PROGRAMOnline
LOCATIONCalifornia
ACCREDITATIONWSCUC
CSU – East Bay is accredited by the WASC Senior College and University Commission.
  • Online Bachelor’s in Finance
6

Capella University

PROGRAMOnline
LOCATIONMinnesota
ACCREDITATIONHLC
Capella is accredited by the Higher Learning Commission.
  • Online Bachelor’s in Accounting
7

Central Methodist University

PROGRAMOnline
LOCATIONMissouri
ACCREDITATIONHLC
CMU is accredited by the Higher Learning Commission.
  • Online Bachelor’s in Accounting
8

Colorado State University – Global Campus

PROGRAMOnline
LOCATIONColorado
ACCREDITATIONHLC
Colorado State is accredited by the Higher Learning Commission.
  • Online Bachelor’s in Accounting
9

Colorado Technical University

PROGRAMOnline
LOCATIONColorado
ACCREDITATIONHLC
Colorado Tech is accredited by the Higher Learning Commission.
  • Online Bachelor’s in Accounting
  • Online Bachelor’s in Finance
10

Columbia College

PROGRAMOnline
LOCATIONMissouri
ACCREDITATIONHLC
Columbia has been accredited by the Higher Learning Commission since 1918.
  • Online Bachelor’s in Finance
11

Columbia Southern University

PROGRAMOnline
LOCATIONAlabama
ACCREDITATIONDEAC
CSU is an accredited member of the Distance Education Accrediting Commission.
  • Online Bachelor’s in Finance
12

Dallas Baptist University

PROGRAMOnline
LOCATIONTexas
ACCREDITATIONSACSCOC
DBU is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award associate, bachelor’s, master’s, and doctoral degrees.
  • Online Bachelor’s in Finance
13

Davenport University

PROGRAMOnline
LOCATIONMichigan
ACCREDITATIONHLC
Davenport is accredited by the Higher Learning Commission.
  • Online Bachelor’s in Finance
14

DeSales University

PROGRAMOnline
LOCATIONPennsylvania
ACCREDITATIONMSCHE
DeSales is accredited by the Middle States Commission on Higher Education.
  • Online Bachelor’s in Finance
15

Dickinson State University

PROGRAMOnline
LOCATIONNorth Dakota
ACCREDITATIONHLC
Dickinson State is accredited by the Higher Learning Commission.
  • Online Bachelor’s in Finance
16

Excelsior College

PROGRAMOnline
LOCATIONNew York
ACCREDITATIONMSCHE
Excelsior is accredited by the Middle States Commission on Higher Education.
  • Online Bachelor’s in Finance
17

Florida International University

PROGRAMOnline
LOCATIONFlorida
ACCREDITATIONSACSCOC
FIU is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award associate, baccalaureate, master’s, and doctoral degrees.
  • Online Bachelor’s in Finance
18

Fort Hays State University

PROGRAMOnline
LOCATIONKansas
ACCREDITATIONHLC
Both the traditional FHSU and its Virtual College are regionally accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools. Also, many of the FHSU Virtual College degree programs are accredited by discipline.
  • Online Bachelor’s in Accounting
19

Franklin Pierce University

PROGRAMOnline
LOCATIONNew Hampshire
ACCREDITATIONNECHE
Franklin Pierce is accredited by the New England Commission of Higher Education.
  • Online Bachelor’s in Finance
20

Franklin University

PROGRAMOnline
LOCATIONOhio
ACCREDITATIONHLC
Franklin is accredited by the Higher Learning Commission.
  • Online Bachelor’s in Finance
21

Golden Gate University

PROGRAMOnline
LOCATIONCalifornia
ACCREDITATIONWSCUC
GGU has been accredited on an institution-wide basis by the Western Association of Schools and Colleges since 1959.
  • Online Bachelor’s in Accounting
  • Online Bachelor’s in Finance
22

Granite State College

PROGRAMOnline
LOCATIONNew Hampshire
ACCREDITATIONNECHE
Granite State is accredited by the New England Commission of Higher Education.
  • Online Bachelor’s in Finance
  • Online Bachelor’s in Accounting
23

Grantham University

PROGRAMOnline
LOCATIONKansas
ACCREDITATIONDEAC
Grantham is nationally accredited by the Distance Education Accrediting Commission.
  • Online Bachelor’s in Accounting
24

Huntington University

PROGRAMOnline
LOCATIONIndiana
ACCREDITATIONHLC
Huntington is accredited by the Higher Learning Commission.
  • Online Bachelor’s in Accounting
25

Indiana University – East

PROGRAMOnline
LOCATIONIndiana
ACCREDITATIONHLC
IU East is accredited by Higher Learning Commission.
  • Online Bachelor’s in Finance
26

Indiana Wesleyan University

PROGRAMOnline
LOCATIONIndiana
ACCREDITATIONHLC
IWU is accredited by the Higher Learning Commission.
  • Online Bachelor’s in Financial Planning
27

Kansas State University

PROGRAMOnline
LOCATIONKansas
ACCREDITATIONHLC
Kansas State has been continuously accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools since 1916.
  • Online Bachelor’s in Financial Planning
28

Liberty University

PROGRAMOnline
LOCATIONVirginia
ACCREDITATIONSACSCOC
Liberty is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award associate, bachelor’s, master’s, specialist, and doctoral degrees.
  • Online Bachelor’s in Finance
  • Online Bachelor’s in Accounting
29

Limestone College

PROGRAMOnline
LOCATIONSouth Carolina
ACCREDITATIONSACSCOC
Limestone is accredited by the Commission on Colleges of the Southern Association of Colleges and Schools to award associate, baccalaureate, and masters degrees.
  • Online Bachelor’s in Accounting
30

Linfield College

PROGRAMOnline
LOCATIONOregon
ACCREDITATIONNWCCU
Linfield is accredited by the Northwest Commission on Colleges and Universities.
  • Online Bachelor’s in Accounting
31

Metropolitan State University

PROGRAMOnline
LOCATIONMinnesota
ACCREDITATIONHLC
Metro State is accredited by the Higher Learning Commission.
  • Online Bachelor’s in Finance
32

Missouri State University – Springfield

PROGRAMOnline
LOCATIONMissouri
ACCREDITATIONHLC
On a 10-year review cycle, MO State has been continuously accredited by the Higher Learning Commission since 1915.
  • Online Bachelor’s in Finance
33

National University

PROGRAMOnline
LOCATIONCalifornia
ACCREDITATIONWSCUC
Since 1977, NU has been accredited by the Accrediting Commission for Senior Colleges and Universities of the Western Association of Schools and Colleges (WASC).
  • Online Bachelor’s in Financial Management
  • Online Bachelor’s in Accountancy
34

New England College of Business

PROGRAMOnline
LOCATIONMassachusetts
ACCREDITATIONNECHE
NECB is accredited by the New England Commission of Higher Education.
  • Online Bachelor’s in Finance
35

Northeastern University

PROGRAMOnline
LOCATIONMassachusetts
ACCREDITATIONNECHE
Northeastern is accredited by the New England Commission of Higher Education.
  • Online Bachelor’s in Finance
  • Online Bachelor’s in Accounting Management
36

Northern State University

PROGRAMOnline
LOCATIONSouth Dakota
ACCREDITATIONHLC
Northern State is accredited by the Higher Learning Commission.
  • Online Bachelor’s in Accounting
37

Northwestern State University

PROGRAMOnline
LOCATIONLouisiana
ACCREDITATIONSACSCOC
NSULA is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award associate, baccalaureate, masters, specialists, and doctorate degrees.
  • Online Bachelor’s in Accounting
38

Northwood University

PROGRAMOnline
LOCATIONMichigan
ACCREDITATIONHLC
NU is accredited by the Higher Learning Commission.
  • Online Bachelor’s in Finance
39

Old Dominion University

PROGRAMOnline
LOCATIONVirginia
ACCREDITATIONSACSCOC
ODU is accredited by the Southern Association of Colleges and Schools.
  • Online Bachelor’s in Finance
  • Online Bachelor’s in Accounting
40

Pennsylvania State University

PROGRAMOnline
LOCATIONPennsylvania
ACCREDITATIONMSCHE
Penn State is accredited by the Middle States Commission on Higher Education.
  • Online Bachelor’s in Accounting
  • Online Bachelor’s in Finance
41

Purdue University – Global

PROGRAMOnline
LOCATIONIowa
ACCREDITATIONHLC
Purdue Global is accredited by the Higher Learning Commission.
  • Online Bachelor’s in Finance
42

Rasmussen College

PROGRAMOnline
LOCATIONMinnesota
ACCREDITATIONHLC
Rasmussen is accredited by the Higher Learning Commission.
  • Online Bachelor’s in Accounting
43

Regent University

PROGRAMOnline
LOCATIONVirginia
ACCREDITATIONSACSCOC
Regent is accredited by the Southern Association of Colleges and Schools.
  • Online Bachelor’s in Accounting
44

Regis University

PROGRAMOnline
LOCATIONColorado
ACCREDITATIONHLC
Regis is accredited by the Higher Learning Commission.
  • Online Bachelor’s in Accounting
  • Online Bachelor’s in Finance
45

Saint Leo University

PROGRAMOnline
LOCATIONFlorida
ACCREDITATIONSACSCOC
Saint Leo is accredited by the Southern Association of Colleges and Schools.
  • Online Bachelor’s in Accounting
46

Southern Illinois University

PROGRAMOnline
LOCATIONIllinois
ACCREDITATIONHLC
SIU is accredited by the Higher Learning Commission.
  • Online Bachelor’s in Accounting
47

Southern New Hampshire University

PROGRAMOnline
LOCATIONNew Hampshire
ACCREDITATIONNECHE
SNHU is accredited by the New England Commission of Higher Education.
  • Online Bachelor’s in Finance
48

SUNY Canton

PROGRAMOnline
LOCATIONNew York
ACCREDITATIONMSCHE
SUNY Canton is accredited by the Middle States Commission on Higher Education and was reaccredited in June 2013.
  • Online Bachelor’s in Finance
49

Thomas Edison State University

PROGRAMOnline
LOCATIONNew Jersey
ACCREDITATIONMSCHE
TESU is regionally accredited by the Middle States Commission on Higher Education.
  • Online Bachelor’s in Finance
50

Thomas Jefferson University

PROGRAMOnline
LOCATIONPennsylvania
ACCREDITATIONMSCHE
Jefferson is accredited by the Middle States Commission on Higher Education.
  • Online Bachelor’s in Accounting
51

University of Alabama – Birmingham

PROGRAMOnline
LOCATIONAlabama
ACCREDITATIONSACSCOC
UAB, including UAB eLearning, is accredited by a regional accrediting body, the Southern Association of Colleges and Schools Commission on Colleges.
  • Online Bachelor’s in Finance
  • Online Bachelor’s in Accounting
52

University of Houston – Clear Lake

PROGRAMOnline
LOCATIONTexas
ACCREDITATIONSACSCOC
UHCL is accredited by the Southern Association of Colleges and Schools.
  • Online Bachelor’s in Finance
53

University of Houston – Victoria

PROGRAMOnline
LOCATIONTexas
ACCREDITATIONSACSCOC
UHV is accredited by the Commission on Colleges of the Southern Association of Colleges and Schools (SACS) to award bachelor’s and master’s degrees.
  • Online Bachelor’s in Finance
54

University of Maryland – University College

PROGRAMOnline
LOCATIONMaryland
ACCREDITATIONMSCHE
UMUC is accredited by the Middle States Commission on Higher Education.
  • Online Bachelor’s in Finance
55

University of Memphis

PROGRAMOnline
LOCATIONTennessee
ACCREDITATIONSACSCOC
U of M is accredited by the Southern Association of Colleges and Schools.
  • Online Bachelor’s in Accounting
  • Online Bachelor’s in Finance
56

University of Minnesota – Crookston

PROGRAMOnline
LOCATIONMinnesota
ACCREDITATIONHLC
UMC has secured continued accreditation status from the Higher Learning Commission.
  • Online Bachelor’s in Accounting
  • Online Bachelor’s in Finance
57

University of North Carolina – Pembroke

PROGRAMOnline
LOCATIONNorth Carolina
ACCREDITATIONSACSCOC
UNCP is fully accredited by the Southern Association of Colleges and Schools.
  • Online Bachelor’s in Finance
58

Upper Iowa University

PROGRAMOnline
LOCATIONIowa
ACCREDITATIONHLC
Upper Iowa is accredited by the Higher Learning Commission.
  • Online Bachelor’s in Accounting
59

Walden University

PROGRAMOnline
LOCATIONMinnesota
ACCREDITATIONHLC
Walden has been accredited by the Higher Learning Commission since 1990.
  • Online Bachelor’s in Finance
60

Walsh College

PROGRAMOnline
LOCATIONMichigan
ACCREDITATIONHLC
Walsh is accredited by the Higher Learning Commission.
  • Online Bachelor’s in Finance
61

Washington State University

PROGRAMOnline
LOCATIONWashington
ACCREDITATIONNWCCU
WSU is accredited by the Northwest Commission on Colleges and Universities.
  • Online Bachelor’s in Accounting
62

Western Governors University

PROGRAMOnline
LOCATIONUtah
ACCREDITATIONNWCCU
WGU is regionally accredited by the Northwest Commission on Colleges and Universities.
  • Online Bachelor’s in Accounting

Conclusion

Are you still sold on a degree in finance? Excited about the thought of a job market with a projected 8% growth in the next 7 years? Your fingers are itching to start a career in finance where you could have a yearly average wage of $66,530 (or more!)?

Now you know that it doesn’t have to take you 5 years and over $200,000. Doesn’t that sound more doable?

5 years from now you could:

A) Have completed your finance degree in 2.5 years for $46,000. Have been working for 2.5 years already earning $66,530 a year. Assuming you took a loan to pay for your degree you would still have earned $120,325 in the last 5 years.

B) Have started a finance degree at a traditional college. Graduated with your degree after 5 years in class and are now $242,530 dollars in debt.

The choice is yours. Which option makes better financial sense to you?

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