Finance Schools In Indiana
In Indiana, there are 29 accredited schools where finance classes faculty can find employment. The trends in Indiana's finance academic community can be evaluated by looking at the statistics and graphs below. Academia in finance includes finance training at the following levels:
- Associates degree in Finance
- Bachelors degree in Finance
- Masters degree in Finance
- PhD degree in Finance
Statistics
Professional Trends
Indiana Vs. National Finance Employment
| Indiana | 39,460 |
| National | 2,457,330 |
Approximately 2% of the country's finance professionals work in Indiana state.
Employment Growth for Finance professionals In Indiana
| 40,140 | 39,990 | 35,290 | 39,590 | 39,460 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
In Indiana, the field of finance is shrinking. In Indiana, 680 less finance professionals were working in 2010, than there were in 2006. This represents a 2% decline in the field. 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 Indiana
| $60,372 | $62,480 | $65,873 | $66,753 | $69,123 |
| $41,263 | $43,445 | $44,845 | $44,830 | $45,974 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Finance
- Dark Yellow: All Professions
In Indiana, as the number of finance professionals is declining, the salaries earned by finance professionals are increasing. Finance professionals earned a yearly mean salary of $60,372 in 2006. They earned a yearly mean salary of $69,123 in 2010.
Salary percentiles for Finance professionals in Indiana
10th percentile |
$39,451 |
25th percentile |
$48,264 |
50th percentile |
$61,941 |
75th percentile |
$82,593 |
90th percentile |
$108,304 |
This represents a 13% growth in salaries. State trends for all professions mirror this growth. There is a 175% pay differential between the highest paid finance professionals and those in the bottom 10% of the pay bracket. Thus, there is huge variation in pay, within the field of finance in Indiana.
Average Salaries for Finance professionals and related professions in Indiana
Accounting |
$43,487 |
Business |
$89,096 |
Business Administration |
$84,833 |
Business Management |
$97,257 |
Finance |
$69,123 |
International Business |
$85,243 |
Marketing |
$93,323 |
Risk Management |
$78,463 |
Small Business |
$111,030 |
In Indiana, finance professionals earn, on average, less than professionals in related fields.
Educational Trends
Finance programs available for each degree type for all schools in Indiana
associate |
9 |
bachelor |
24 |
master |
1 |
doctor |
1 |
Certificate |
0 |
| Total | 35 |
The number of students graduating from the 29 accredited finance schools in Indiana is increasing. In 2006 there were 14 finance graduates from finance courses in Indiana and in 2010 there were 576 graduates.
There was an increase in the number of finance school degree or certificate graduates in Indiana by 4014%. 69% of these graduates received a bachelor's degree in finance.