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Banking and finance instructor education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a banking and finance instructor. Banking and finance instructors usually study business, finance, or economics. 62% of banking and finance instructors hold a bachelor's degree, and 14% hold an master's degree. We analyzed 156 real banking and finance instructor resumes to see exactly what banking and finance instructor education sections show.

The most common colleges for banking and finance instructors are the University of Phoenix and the University of Phoenix.

There are also many online banking and finance instructor courses to help get the education required to be a banking and finance instructor.

What education do you need to become a banking and finance instructor?

What degree do you need to be a banking and finance instructor?

The most common degree for banking and finance instructors is bachelor's degree, with 62% of banking and finance instructors earning that degree. The second and third most common degree levels are master's degree degree at 14% and master's degree degree at 13%.
  • Bachelor's, 62%
  • Master's, 14%
  • Associate, 13%
  • High School Diploma, 9%
  • Other Degrees, 2%

What should I major in to become a banking and finance instructor?

You should major in business to become a banking and finance instructor. 40% of banking and finance instructors major in business. Other common majors for a banking and finance instructor include finance and economics.

Most common colleges for banking and finance instructors

Banking and finance instructors often get their degrees at University of Phoenix, New York University, and Arizona State University. Here are the most common colleges for banking and finance instructors in the US based on their resumes.
Banking and finance instructor common collegePercentages
University of Phoenix14.81%
New York University7.41%
Arizona State University7.41%
Florida State University7.41%
University of Texas Southwestern Medical Center7.41%

Best majors for banking and finance instructors

RankMajorPercentages
1Business40.0%
2Finance18.1%
3Economics8.6%
4Accounting4.8%
5Psychology2.9%

Best colleges for banking and finance instructors

The best colleges for banking and finance instructors are University of Pennsylvania, Northwestern University, and University of Southern California.

A banking and finance instructor with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for banking and finance instructors. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become banking and finance instructors.

1. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

2. University of Southern California

Los Angeles, CA • Private

In-state tuition

$56,225

Enrollment

19,548

3. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

4. Ball State University

Muncie, IN • Private

In-state tuition

$9,896

Enrollment

15,529

5. New York University

New York, NY • Private

In-state tuition

$51,828

Enrollment

26,339

6. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-state tuition

$14,760

Enrollment

31,451

7. Washington University in St Louis

Saint Louis, MO • Private

In-state tuition

$53,399

Enrollment

7,356

8. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Enrollment

14,629

9. Ohio State University

Columbus, OH • Private

In-state tuition

$10,726

Enrollment

45,769

10. Boston University

Boston, MA • Private

In-state tuition

$53,948

Enrollment

17,238

20 best online courses for banking and finance instructors

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1. Investment Banking: Financial Analysis and Valuation

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This course will provide students the key building blocks required for a career in investment banking, valuation, and other corporate-finance focused fields. It is designed to provide a practical application of financial statement analysis and valuation techniques commonly performed by industry professionals. The course has two major parts. The first focuses on the foundational elements of financial statement and ratio analysis. The second applies the financial statements and forecasts within...

2. Investment Banking: The Complete Financial Ratio Analysis

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Investment Banking For Investors & Financial Analysts - How to Perform Financial Statement Analysis & Company Valuation...

3. Understand Banks & Financial Markets

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4.4
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The world of financial markets: participants, products, trading motives, pricing and structure...

4. Financial Accounting-Adjusting Entries & Financial Statement

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(930)

Master Adjusting Entries & Financial Statements: A Comprehensive Guide for Accurate Accounting and Reporting...

5. Complete Financial Modeling for Project Finance in Excel

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Learn Financial Modeling for Project Finance and Infrastructure Valuation ( DCF and IRR )...

6. How to Read Financial Statements: Build Financial Literacy.

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Read financial statements and speak the language of business without the drudgery of a traditional accounting course...

7. Financial Statement Analysis

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Learn how to make understanding financial statements your superpower!...

8. Accounting & Financial Statement Analysis: Complete Training

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Accounting & Financial Ratio Analysis made easy. Learn important accounting skills that will get your foot in the door!...

9. Financial Analysis and Financial Modeling using MS Excel

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Perform financial analysis & financial modeling using Microsoft excel. For people who want to become a Financial Analyst...

10. Financial Statement Analysis - Master the Financial Stmts!

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Gain a comprehensive knowledge of the 3 financial statements and how to make them tell you a story...

11. Value Investing: The Complete Financial Statement Analysis

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Value Investing Mastery - How to Perform Financial Statement Analysis & Financial Ratio Analysis to Find Great Stocks...

12. Financial Modeling Bootcamp: Model all 3 Financial Stmts

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13. Financial Accounting & Excel-Comprehensive Accounting Course

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Comprehensive accounting course to learn the accounting cycle in a practical way and pick up critical Excel fundamentals...

14. Financial Statements: Balance Sheet, Income Stmt, Cash Flow

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How To Quickly Read & Understand The Big 3 Financial Statements: Balance Sheet, Income Statement, Cash Flow Statement...

15. Financial Statements Analysis for absolute beginners

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Understand Financial Statements and Analyze Financial Statements for Business and Financial Analysis...

16. Microsoft Excel for Finance, Accounting & Financial Analysis

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Excel tips & tricks for Accounting, Finance and Financial Analysis. Learn from the Bestselling Accounting Instructor...

17. The Complete Financial Analyst Course 2023

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Excel, Accounting, Financial Statement Analysis, Business Analysis, Financial Math, Power Point: Everything is Included!...

18. Financial Accounting: The Complete Introductory Crash Course

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Learn the Basics of Financial Accounting: Financial Statements, Debits and Credits, The Accounting Cycle and More!...

19. Financial Modeling & Fundamental Analysis

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Complete A-Z of Financial Modelling (India Focused)...

20. Financial Statement Analysis - Ratio Analysis

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Master the Art of Financial Statement Analysis: Unlocking Insights through Vertical, Horizontal, and Ratio Analysis...

Top 10 most affordable universities for banking and finance instructors

The most affordable schools for banking and finance instructors are Baruch College of the City University of New York, usf sarasota-manatee, and university of florida.

If the best universities for banking and finance instructors are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for banking and finance instructors.

1. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Cost of attendance

14,046

2. USF Sarasota-Manatee

Sarasota, FL • Private

In-state tuition

$5,587

Cost of attendance

13,043

3. University of Florida

Gainesville, FL • Private

In-state tuition

$6,381

Cost of attendance

21,034

4. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

5. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

6. University of South Florida

Tampa, FL • Private

In-state tuition

$6,410

Cost of attendance

20,456

7. Florida International University

Miami, FL • Private

In-state tuition

$6,556

Cost of attendance

19,434

8. Florida State University

Tallahassee, FL • Private

In-state tuition

$5,656

Cost of attendance

21,623

9. USF St. Petersburg

St. Petersburg, FL • Private

In-state tuition

$5,821

Cost of attendance

19,849

10. California State University - San Bernardino

San Bernardino, CA • Private

In-state tuition

$6,922

Cost of attendance

18,522

Top 10 hardest universities to get into for banking and finance instructors

The hardest universities for banking and finance instructors to get into are University of Pennsylvania, Northwestern University, and University of Southern California.

Some great schools for banking and finance instructors are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for banking and finance instructors based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.

1. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

8%

SAT average

1,492

2. Northwestern University

Evanston, IL • Private

Admissions rate

8%

SAT average

1,508

3. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

4. Washington University in St Louis

Saint Louis, MO • Private

Admissions rate

15%

SAT average

1,506

5. Carnegie Mellon University

Pittsburgh, PA • Private

Admissions rate

17%

SAT average

1,507

6. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

7. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

8. Northeastern University

Boston, MA • Private

Admissions rate

19%

SAT average

1,466

9. George Washington University, The

Washington, DC • Private

Admissions rate

42%

SAT average

1,380

10. University of Miami

Coral Gables, FL • Private

Admissions rate

32%

SAT average

1,365

Top 10 easy-to-apply-to universities for banking and finance instructors

The easiest schools for banking and finance instructors to get into are Barry University, holy names university, and oklahoma wesleyan university.

Some schools are much easier to get into. If you want to start your career as a banking and finance instructor without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for banking and finance instructors.

1. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

2. Holy Names University

Oakland, CA • Private

Admissions rate

70%

SAT average

849

3. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

4. University of the Incarnate Word

San Antonio, TX • Private

Admissions rate

88%

SAT average

1,044

5. Mount Saint Mary's University

Los Angeles, CA • Private

Admissions rate

84%

SAT average

1,031

6. Gwynedd Mercy University

Gwynedd Valley, PA • Private

Admissions rate

92%

SAT average

1,031

7. Felician University

Lodi, NJ • Private

Admissions rate

81%

SAT average

999

8. University of Houston - Downtown

Houston, TX • Private

Admissions rate

83%

SAT average

1,012

9. Grand View University

Des Moines, IA • Private

Admissions rate

92%

SAT average

1,060

10. Saint Joseph's College of Maine

Standish, ME • Private

Admissions rate

84%

SAT average

1,069

Average banking and finance instructor salary by education level

According to our data, banking and finance instructors with a Doctorate degree earn the highest average salary, at $75,930 annually. Banking and finance instructors with a Master's degree earn an average annual salary of $65,314.
Banking and finance instructor education levelBanking and finance instructor salary
Master's Degree$65,314
Doctorate Degree$75,930

Banking and finance instructor education FAQs

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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