Finance Degrees for Jobs in Utah


Just after the American gold rush in 1873, Brigham Young established the oldest bank in the nation, and Utah’s banking industry has been growing steadily ever since. According to the Utah Department of Workforce Services, the state’s financial cluster currently employs approximately 70,000 workers who earned a combined $4.56 billion in wages (before bonuses and commissions). With many successful institutions to choose from and a variety of possible job options, Utah is an exciting location to begin a career in finance.

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Degrees for Finance Majors in Utah

Home to some of the best private and public universities in the nation, Utah has plenty to offer when it comes to finding the right degree program to prepare for or advance a career in finance. Whether looking for an undergraduate degree to establish a career in finance, or vying for a promotion by earning an MBA, finance majors will find both flexible online programs and campus-based options available throughout Utah:

Associate Degrees in Finance – Designed for those preparing for entry-level finance jobs as securities, commodities, and financial services sales agents, investment advisor representatives, banking associates and more:

  • Associate of Applied Science in Finance and Hour
    • Located in Taylorsville
    • 65 Hours
  • Associate of Science in Finance
    • Online Program
    • 60 Hours
  • Associate of Applied Science in Finance
    • Online Program
    • 68 Hours

Bachelor Degrees in Finance – Designed for those preparing for jobs as loan officers, personal financial advisors, or financial analysts, independent investment advisors and more:

  • Bachelor of Science in Finance
    • Located in Provo
    • 120 Hours
  • Bachelor of Arts in Finance
    • Located in Salt Lake City
    • 120 Hours
  • Bachelor of Science in Finance
    • Located in Orem
    • 120 Hours
  • Bachelor of Arts in Finance
    • Located in Orem
    • 120 Hours
  • Bachelor of Business Administration in Finance
    • Located in Ogden
    • 120 Hours
  • Bachelor of Arts in Finance
    • Located in Logan
    • 120 Hours

Masters Degrees in Finance – Designed for those preparing for management and director-level positions in corporate finance, lead analysts, as well as Certified Financial Planners (CFP), fund managers and more:

  • Master of Science in Finance
    • Located in Salt Lake City
    • 30 Hours
  • Master of Science in Financial Economics
    • Located in Logan
    • 30 Hours
  • Master of Science in Finance
    • Online Program
    • 36 Hours

MBAs in Finance – Designed for those preparing to become financial managers and executive-level leaders in corporate finance:

  • MBA in Finance
    • Located in Provo
    • 64 Hours
  • MBA with a Concentration in Finance
    • Located in Ogden
    • 36-54 Hours
  • MBA with a Concentration in Financial Management
    • Located in Salt Lake City, Online Option
    • 33 Hours
  • MBA with a Specialization in Finance
    • Located in Logan
    • 35 Hours

Graduate Certificates in Finance – Designed for professionals with a business background interested in specializing in finance:

  • Graduate Certificate in Financial Management
    • Located in Taylorsville
    • 16 Hours
  • Graduate Certificate in Financial Services
    • Located in Taylorsville
    • 16 Hours
  • Graduate Certificate in Financial Markets & Institutions
    • Online Program
    • 12 Hours

Doctoral Degrees in Finance – Designed for consultants, academicians, researchers and more:

  • Doctor of Philosophy in Finance
    • Located in Salt Lake City
    • 64 Hours
  • Doctor of Philosophy in Finance
    • Online Program
    • 120 Hours
  • Doctor of Business Administration in Finance
    • Online Program
    • 82 Hours

Top Financial Institutions in Utah

As the best state in the country for business according to the 2016 list in Forbes, Utah’s financial services industry supplies the high-level professionals that help these businesses run effectively.  In particular, Salt Lake City has proven itself to be one of the most important cities in the nation for banking and finance, home to the corporate headquarters of top lending institutions and private equity firms.

According to Credio, top institutions responsible for supporting finance jobs for Utah’s most talented brokers, analyst and advisors include:

  • Wasatch Advisors – Headquartered in Salt Lake City, $15.1 billion in assets under management
  • Bridge Investment Group – Headquartered in Murray, $6.7 billion in assets under management
  • Grandeur Peak Global Advisors – Headquartered in Salt Lake City, $2.93 billion in assets under management
  • Alta Capital Management – Headquartered in Salt Lake City, $1.65 billion in assets under management
  • Soltis Investment Advisors – Headquartered in St. George, $1.39 billion in assets

Job Growth Projections for Utah’s Financial Services Industry

The Utah Department of Workforce Services reports that finance occupations in the state are set to experience very healthy growth rates throughout the ten-year projection period from 2014 to 2024. Annual growth rates are shown below:

  • Financial Examiners: 2.5 percent growth a year
  • Loan Officers: 2.8 percent growth a year
  • Personal Financial Advisors: 5 percent growth a year
  • Financial Managers: 3 percent growth a year
  • Accountants and Auditors: 4 percent growth a year
  • Securities, Commodities, and Financial Services Sales Agents: 3 percent growth a year
  • Financial Analysts: 3 percent growth a year

Wage Expectations for Financial Professionals in Utah

With a bit of experience, many in the finance industry easily earn six-figure wages. Income ranges are shown here as bottom 10 percent average, overall average, and top 10 percent average (U.S. Bureau of Labor Statistics, 2016):

  • Financial Examiners – $36,180; $80,300; $141,570
  • Loan Officers – $26,470; $64,160; $115,600
  • Personal Financial Advisors – $35,430; $87,650; $159,290
  • Financial Managers – $51,550; $109,500; $178,910
  • Accountants and Auditors – $39,810; $70,220; $103,670
  • Securities, Commodities, and Financial Services Sales Agents – $32,940; $72,180; $146,070
  • Budget Analysts – $47,800; $73,040; $100,850
  • Financial Analysts – $42,540; $79,490; $126,490

 

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