Finance Degree for Jobs in Ohio


The Ohio Department of Job and Family Services expects 16,980 new jobs to be added in the Business and Financial Operations sector between 2014 and 2024, which represents a 6.5% growth rate. Top-level finance professionals in Ohio earn an average income in the six-figures. The promising future of Ohio’s financial industry is due in large part to the presence of several global financial powerhouses headquartered in the state. 

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Degrees Available to Finance Majors in Ohio

Aspiring financial professionals looking to cash in on the opportunities in Ohio’s financial industry have a variety of education options available within the state. Ohio is home to colleges and universities offering finance degrees at nearly every level, from associate’s degrees to doctoral degrees. These degrees are available both online and through conventional campus-based programs.

Associate’s Degrees in Finance  Designed for aspiring securities, commodities, and financial services sales agents, and more:

  • Associate of Applied Science (AAS) in Finance
    • Columbus
    • 64 total hours
  • Associate of Applied Business in Finance
    • North Canton
    • 64 total hours

Bachelor’s Degrees in Finance  Designed for aspiring series 65 licensed investment advisor representatives (IARs), budget analysts, banking professionals and more:

  • Bachelor of Business Administration (BBA) in Finance
    • Athens
    • 128  hours
  • Bachelor of Science (BS) in Management - Finance Major
    • Cleveland
    • 122  hours
  • Bachelor of Business Administration (BBA) in Corporate Finance
    • Columbus
    • Four-year program
  • Bachelor of Science in Business Administration (BSBA) with a focus in Financial Economics
    • Columbus
    • Four-year program

Master’s Degrees in Finance  Designed for aspiring certified government financial managers (CGFM), financial examiners, financial planners and more:

  • Master of Science in Management-Finance (MSM)
    • Cleveland
    • 39  hours
  • Specialized Master in Business-Finance
    • Columbus
    • 30 semester hours

MBA Degrees in Finance  Designed for aspiring financial managers, budget analysts, controllers, CFOs and more:

  • MBA with a Focus in Finance
    • Columbus
    • 36  hours
  • MBA in Finance
    • Columbus
    • 12  hours
  • MBA in Financial Reporting and Analysis
    • Columbus
    • 12  Hours

Doctorate Degrees in Finance  – Designed for aspiring high-level financial executives, including large account managers, model/credit risk managers, academics, researchers and more:

  • PhD Program in Finance
    • Columbus
    • Three-year program

Ohio’s Top Employers in the Finance Sector

Several of Ohio’s top financial institutions are household names in the U.S. As a result, many aspiring financial professionals move relocate from surrounding areas for a chance to work for these institutions. Just some of the top financial companies with a presence in Ohio include:

  • Nationwide Mutual Insurance in Columbus, $25.3 billion in annual revenue
  • Progressive in Mayfield, $19.4 billion in annual revenue
  • KeyCorp in Cleveland, $4.3 billion in annual revenue
  • Huntington Bancshares in Columbus, $2.96 billion in annual revenue
  • First Third Bank in Cincinnati, $1.56 billion in annual revenue

Income Ranges for Ohio’s Finance Professionals

The chance to move up in the financial world also means the chance to earn top-level wages. The U.S. Bureau for Labor Statistics (BLS) reports wages for financial professionals in Ohio as of 2016 (bottom 10%, mean earners, and top 10%):

  • Financial Managers – $60,000; $125,660; $207,060
  • Accountants and Auditors – $41,420; $70,860; $106,640
  • Budget Analysts – $49,390; $73,950; $102,570
  • Financial Analysts – $45,830; $78,060; $120,370
  • Personal Financial Advisors – $38,290; $112,320; $208,000*
  • Financial Examiners – $43,100; $74,330; $121,650
  • Loan Officers –$29,820; $69,140; $115,690
  • Securities, Commodities, and Financial Services Sales Agents (Stockbrokers) – $30,840; $93,200; $202,020

*Income is at or above $208,000 per year. The US Department of Labor, Bureau of Labor Statistics does not report income beyond this value.

Job Growth Projections for Ohio’s Finance Professionals

Ohio’s strong financial scene is expected to continue to improve in the coming years. The Ohio Department of Job and Family Services predicts growth for the following career classifications in the period spanning 2014-2024:

  • Financial Managers – 5% total growth; 621 annual job openings
  • Accountants and Auditors – 8% total growth; 1,438 annual job openings
  • Financial Analysts – 8% total growth; 273 annual job openings
  • Financial Examiners – 4% total growth; 32 annual job openings
  • Loan Officers – 7% total growth; 298 annual job openings
  • Securities, Commodities, and Financial Services Sales Agents (Stockbrokers) – 7% total growth; 272 annual job openings 

 

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