Finance Schools In Minnesota
There are 29 accredited finance schools in Minnesota 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 Minnesota, 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
Schools
Cities
Statistics
Professional Trends
Minnesota Vs. National Finance Employment
| Minnesota | 55,360 |
| National | 2,457,330 |
Of all of the finance professionals in the country, nearly 2% are in the state of Minnesota.
Employment Growth for Finance professionals In Minnesota
| 59,780 | 58,660 | 57,460 | 55,250 | 55,360 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
In Minnesota, finance is a shrinking field. There were 4,420 less finance professionals working in Minnesota in 2010, than there were in 2006. Thus, the field of finance has shrunk by 7% in Minnesota. This is faster than the trend for finance professionals around the US. Nationally, the number of finance professionals has shrunk by 1% between 2006 and 2010.
Finance VS. All Professions salaries in Minnesota
| $68,098 | $68,745 | $69,498 | $69,711 | $70,874 |
| $45,649 | $48,094 | $49,813 | $50,330 | $51,158 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Finance
- Dark Yellow: All Professions
The amount earned by finance professionals is increasing in Minnesota. In 2006 finance professionals made a mean salary of $68,098 per year, and in 2010 they made $70,874 per year.
Salary percentiles for Finance professionals in Minnesota
10th percentile |
$41,430 |
25th percentile |
$49,650 |
50th percentile |
$63,419 |
75th percentile |
$83,857 |
90th percentile |
$104,295 |
This represents a growth in salaries of 4%. State trends for all professions mirror this growth. In Minnesota state, within the field of finance, there is a huge variation in pay. The highest paid finance professionals earn 78% more money than those in the bottom 10% of the pay bracket.
Average Salaries for Finance professionals and related professions in Minnesota
Accounting |
$46,752 |
Business |
$94,457 |
Business Administration |
$89,057 |
Business Management |
$97,543 |
Finance |
$70,874 |
International Business |
$93,375 |
Marketing |
$87,062 |
Risk Management |
$80,853 |
Small Business |
$109,320 |
Finance professionals in Minnesota earn, on average, less than their counterparts in related professions.
Educational Trends
Finance programs available for each degree type for all schools in Minnesota
associate |
5 |
bachelor |
23 |
master |
5 |
doctor |
1 |
Certificate |
2 |
| Total | 36 |
The number of students graduating from the 29 accredited finance schools in Minnesota is increasing. In 2006 there were 169 finance graduates from finance courses in Minnesota and in 2010 there were 1,040 graduates.
There was an increase in the number of finance school degree or certificate graduates in Minnesota by 515%. Most of these graduates, or 64%, earned a bachelor's degree in finance.