Finance Schools In Alabama
Finance classes faculty can choose to work at one of 19 accredited finance schools in Alabama. The graphs, statistics and analysis below outline the current state and the future direction of academia in finance in the state of Alabama, which encompasses finance training at the following levels:
- Finance Certificate
- Associates degree in Finance
- Bachelors degree in Finance
- Masters degree in Finance
- PhD degree in Finance
Statistics
Professional Trends
Alabama Vs. National Finance Employment
| Alabama | 26,030 |
| National | 2,457,330 |
Of all of the finance professionals that work in the US, approximately 1% work in Alabama state.
Employment Growth for Finance professionals In Alabama
| 26,610 | 26,650 | 26,580 | 25,510 | 26,030 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
In Alabama, finance is a shrinking field. In Alabama, 580 less finance professionals were working in 2010, than there were in 2006. Thus, the field of finance has shrunk by 2% in Alabama. This decline is faster than the change in the number of finance professionals around the country. Nationally, the number of finance professionals has shrunk by 1% from 2006 to 2010.
Finance VS. All Professions salaries in Alabama
| $60,497 | $55,071 | $64,586 | $66,177 | $67,735 |
| $39,917 | $41,500 | $42,923 | $44,323 | $46,099 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Finance
- Dark Yellow: All Professions
As the number of finance professionals is declining, the salaries paid to finance professionals are increasing in Alabama. Finance professionals earned a yearly mean salary of $60,497 in 2006. They earned a yearly mean salary of $67,735 in 2010.
Salary percentiles for Finance professionals in Alabama
10th percentile |
$37,261 |
25th percentile |
$46,375 |
50th percentile |
$61,284 |
75th percentile |
$83,409 |
90th percentile |
$90,215 |
This represents a growth in salaries of 11%. This growth is mirrored by state trends for all professionals. Within the field of finance, there is a huge variation in pay, with the highest paid finance professionals earning 142% more money than those in the bottom 10% of the pay bracket in Alabama state.
Average Salaries for Finance professionals and related professions in Alabama
Accounting |
$43,103 |
Business |
$92,854 |
Business Administration |
$85,517 |
Business Management |
$102,474 |
Finance |
$67,735 |
International Business |
$89,477 |
Marketing |
$98,233 |
Risk Management |
$73,347 |
Small Business |
$102,690 |
In Alabama, finance professionals make, on average, less than their counterparts in related professions.
Educational Trends
Finance programs available for each degree type for all schools in Alabama
associate |
1 |
bachelor |
24 |
master |
5 |
doctor |
3 |
Certificate |
1 |
| Total | 34 |
The number of students graduating from the 19 accredited finance schools in Alabama is increasing. In 2006, 132 students graduated from finance courses in Alabama. And in 2010, 993 students graduated.
There was an increase in the number of finance school degree or certificate graduates in Alabama by 652%. 71% of these graduates received an bachelor's degree in finance.