Finance Schools
In Cambridge, Massachusetts
In Cambridge, there is only one finance school where finance faculty can find employment. The following statistics and charts help analyze the current state of the finance academic community in Cambridge, and the future trends. Academia in finance includes finance training at the following levels:
- Masters degree in Finance
- PhD degree in Finance
Statistics
Professional Trends
Cambridge Vs. Massachusetts Finance Employment
| Cambridge | 50,640 |
| Massachusetts | 73,280 |
Of the 73,280 finance professionals employed in Massachusetts, 50,640 work in Cambridge. The number of finance professionals in Cambridge has shrunk by 2% from 2006 to 2010. Overall employment in Cambridge has increased.
Cambridge Vs. Massachusetts Finance employment growth
| 75,830 | 74,770 | 74,740 | 74,900 | 73,280 |
| 51,810 | 52,130 | 51,970 | 51,950 | 50,640 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Grey: Massachusetts
- Dark Yellow: Cambridge
Finance VS. All professions salaries in Cambridge
| $80,397 | $80,999 | $80,941 | $81,457 | $83,192 |
| $52,100 | $54,000 | $56,060 | $58,330 | $59,410 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Finance in Cambridge
- Dark Yellow: All Professions in Cambridge
Salaries for finance professionals in Cambridge have increased. In 2010 finance professionals in Cambridge reportedly earned an average salary of $83,192 per year. Finance professionals in Cambridge made a yearly average salary of $80,397, four years earlier in 2006. The growth in the salary of finance professionals in Cambridge is slower than the salary trend for all careers in the city.
Salary percentiles for Finance professionals in Cambridge
10th percentile |
$46,015 |
25th percentile |
$57,150 |
50th percentile |
$74,625 |
75th percentile |
$91,871 |
90th percentile |
$114,735 |
Finance professionals make a median salary of $74,625 per year in Cambridge. The 10% of finance professionals in the lowest pay bracket earn less than $46,015 per year, while those in the highest pay bracket earn approximately $114,735 per year.
Average Salaries for Finance professionals and related professions in Cambridge
Accounting |
$54,640 |
Risk Management |
$74,380 |
Finance |
$83,192 |
International Business |
$111,486 |
Business |
$114,458 |
Business Administration |
$118,180 |
Small Business |
$127,530 |
Business Management |
$132,055 |
Marketing |
$135,703 |
On average finance professional salaries in Cambridge are lower than salaries earned by their professional counterparts in related professions.
Educational Trends
Finance schools in Cambridge
Many of Cambridge's finance professionals are graduates of the only accredited finance school in the city.
Finance Programs Offered In Cambridge
associate |
0 |
bachelor |
0 |
master |
1 |
doctor |
1 |
Certificate |
0 |
| Total | 2 |
There are a total of 2 degree and certificate programs in finance offered by Cambridge's finance schools.
Student Completed Finance Degrees In Cambridge
associate |
0 |
bachelor |
0 |
master |
6 |
doctor |
5 |
Certificate |
0 |
| Total | 11 |
Approximately 11 students graduated from finance courses in 2010.