Finding an online school that offers a doctorate degree in finance can be a challenge. However, there are a few options available. Upon graduation, perhaps you are curious about the opportunities that await you! When you think of the world of finance, what’s the first thing to come to mind? Working with money, of course; however, have you thought about becoming a university professor in this field? With an online Doctor of Finance degree, an educator can teach at a four-year university, establish a lucrative career, earn tenure, and conduct research, if so desired. A university professor, in the field of finance, can expect to earn between $76,000 annually to upwards of $170,160 per year according to the BLS in 2017, depending on experience and school location.
Also, if you would like to use your online doctorate degree in finance to conduct valuable research, that is indeed an option, as well. Researchers look at money and capital markets, in addition to, risk management. They strive to develop solutions to financial issues and corporate managerial problems. A Ph.D. in Finance is the perfect degree for this position as you work to solve regulatory challenges within the field. Financial research analysts earn approximately $69,592 annually, as per Glassdoor, however, depending on your experience and the company you work for, you can make upwards of $103,000 per year.
So, would you prefer to work in the professional field? Through an online school which offers a Doctor of Finance degree program, you will learn about handling personal finances. Would you like to earn your living helping others realize their financial goals? A personal finance advisor specializes in a family’s financial stability. They advise their client’s on investments, insurance, tax laws, and they must stay abreast of the current economic status, as well as, familiar with income tax codes, commodities, and retirement plans. A prospective personal financial advisor can appreciate the knowledge and skills learned through a distance learning doctorate program in finance. According to the BLS as of 2017, personal financial advisors earn upwards of $90,640 to $208,000 annually.
If upper management is the ultimate career goal for you, your online doctorate in finance degree program will prepare you for that, too! A position as a financial manager can earn you a very lucrative salary. Typically, financial managers earn a median wage of $125,080 annually, according to the BLS in 2017. The highest ten percent reported annual earnings of $208,000. In this position, you’ll be responsible for the financial well-being of a corporation or organization. Other duties include long-term planning, creating financial statements and analyzing investment potential and risk management. Management in the field of finance provides incredible career opportunities for those with an online Doctor of Finance degree.
Are you convinced that earning a Ph.D. in Finance is the way to go? If so, check out our degree options for the Best Online Schools for Doctor of Finance Degree Programs.