Finance Schools In Maryland
There are 11 accredited finance schools in Maryland for faculty who teach finance classes to choose from. The graphs, statistics and analysis below outline the current state and the future direction of academia in finance in the state of Maryland, which encompasses finance training at the following levels:
- Finance Certificate
- Bachelors degree in Finance
- Masters degree in Finance
Schools
Cities
Statistics
Professional Trends
Maryland Vs. National Finance Employment
| Maryland | 48,120 |
| National | 2,457,330 |
Approximately 2% of the country's finance professionals work in Maryland state.
Employment Growth for Finance professionals In Maryland
| 54,250 | 53,930 | 54,760 | 50,280 | 48,120 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
The number of finance professionals is shrinking in Maryland. There were 6,130 less finance professionals working in Maryland in 2010, than there were in 2006. Thus, the field of finance has shrunk by 11% in Maryland. 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 Maryland
| $70,498 | $71,960 | $76,049 | $77,656 | $77,083 |
| $47,750 | $50,212 | $51,747 | $52,671 | $54,055 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Finance
- Dark Yellow: All Professions
In Maryland, as the number of finance professionals is declining, the salaries earned by finance professionals are increasing. The mean salary for finance professionals in 2006 was $70,498 per year. And in 2010 the mean salary was $77,083 per year.
Salary percentiles for Finance professionals in Maryland
10th percentile |
$41,019 |
25th percentile |
$53,874 |
50th percentile |
$70,236 |
75th percentile |
$94,866 |
90th percentile |
$102,000 |
This represents a growth in salaries of 9%. This growth is mirrored by state trends for all professionals. There is a 149% 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 Maryland.
Average Salaries for Finance professionals and related professions in Maryland
Accounting |
$50,515 |
Business |
$98,595 |
Business Administration |
$93,990 |
Business Management |
$96,439 |
Finance |
$77,083 |
International Business |
$95,093 |
Marketing |
$95,692 |
Risk Management |
$80,600 |
Small Business |
$120,860 |
Finance professionals in Maryland earn, on average, less than their counterparts in related professions.
Educational Trends
Finance programs available for each degree type for all schools in Maryland
associate |
0 |
bachelor |
4 |
master |
6 |
doctor |
0 |
Certificate |
6 |
| Total | 16 |
As the number of finance professionals is decreasing in Maryland state, the number of students graduating from the 11 accredited finance schools in Maryland state is increasing. In Maryland, there were 84 graduates in 2006. And there were 524 graduates from finance courses in 2010.
This represents a 524% increase in the number of finance degree or certificate school graduates in Maryland state. A majority of these graduates, or 38%, graduated with a master's degree in finance.