Finance Schools In Worcester, Massachusetts
Finance faculty can choose to work at one of 3 finance schools in Worcester. The trends in Worcester's finance academic community can be evaluated by looking at the statistics and graphs below, which includes finance training at the following levels:
- Bachelors degree in Finance
- Masters degree in Finance
Statistics
Professional Trends
Worcester Vs. Massachusetts Finance Employment
| Worcester | 4,290 |
| Massachusetts | 73,280 |
Exactly 4,290 of the 73,280 finance professionals employed in Massachusetts, work in Worcester. Between 2006 and 2010, the number of finance professionals in Worcester has grown by 19%. As the employment for finance professionals in Worcester has increased, overall employment in Worcester has also increased.
Worcester Vs. Massachusetts Finance employment growth
| 75,830 | 74,770 | 74,740 | 74,900 | 73,280 |
| 3,600 | 3,870 | 4,320 | 4,520 | 4,290 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Grey: Massachusetts
- Dark Yellow: Worcester
Finance VS. All professions salaries in Worcester
| $67,665 | $67,284 | $73,203 | $68,704 | $71,184 |
| $42,280 | $43,440 | $45,490 | $46,790 | $48,080 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Finance in Worcester
- Dark Yellow: All Professions in Worcester
As the number of finance professionals in Worcester has grown, salaries for finance professionals have also increased. Worcester finance professionals made $71,184 per year, on average, in 2010. Four years earlier in 2006, finance professionals in Worcester made an average salary of $67,665 per year. This growth is slower than the salary trend for all careers in Worcester.
Salary percentiles for Finance professionals in Worcester
10th percentile |
$43,094 |
25th percentile |
$50,872 |
50th percentile |
$64,631 |
75th percentile |
$86,339 |
90th percentile |
$99,617 |
Finance professionals in Worcester earn a median salary of $64,631 per year. The difference in pay between the finance professionals in the lowest pay bracket and those in the highest pay bracket is approximately 131%. Those in the lowest 10% of the pay bracket earn less than $43,094 per year, while those in the highest 10% of the pay bracket earn more than $99,617 per year.
Average Salaries for Finance professionals and related professions in Worcester
Accounting |
$50,072 |
Risk Management |
$59,990 |
Finance |
$71,184 |
Business |
$98,699 |
Business Administration |
$99,320 |
International Business |
$101,698 |
Small Business |
$111,560 |
Business Management |
$112,243 |
Marketing |
$118,305 |
On average finance professionals in Worcester earn salaries that are lower than the salaries earned by other professionals in Worcester.
Educational Trends
Finance schools in Worcester
Many of Worcester's finance professionals are graduates of one of the 3 accredited finance schools in the city.
Finance Programs Offered In Worcester
associate |
0 |
bachelor |
1 |
master |
1 |
doctor |
0 |
Certificate |
0 |
| Total | 2 |
Worcester's finance schools offer 2 finance degree and certificate programs.
Student Completed Finance Degrees In Worcester
associate |
0 |
bachelor |
2 |
master |
82 |
doctor |
0 |
Certificate |
0 |
| Total | 84 |
In 2010 approximately 84 students completed finance courses.