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Finance assistant education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a finance assistant. Finance assistants usually study business, accounting, or finance. 59% of finance assistants hold a bachelor's degree, and 19% hold an associate degree. We analyzed 17,026 real finance assistant resumes to see exactly what finance assistant education sections show.

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

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

There are certain finance assistant certifications that you should consider. These finance assistant certifications include Medical Assistant and Certified Nurse Assistant (CNA).

What education do you need to become a finance assistant?

What degree do you need to be a finance assistant?

The most common degree for finance assistants is bachelor's degree, with 59% of finance assistants earning that degree. The second and third most common degree levels are associate degree degree at 19% and associate degree degree at 8%.
  • Bachelor's, 59%
  • Associate, 19%
  • High School Diploma, 8%
  • Master's, 7%
  • Other Degrees, 7%

What should I major in to become a finance assistant?

You should major in business to become a finance assistant. 31% of finance assistants major in business. Other common majors for a finance assistant include accounting and finance.

Most common colleges for finance assistants

Finance assistants often get their degrees at University of Phoenix, University of Houston, and DeVry University. Here are the most common colleges for finance assistants in the US based on their resumes.
Finance assistant common collegePercentages
University of Phoenix17.55%
University of Houston6.48%
DeVry University5.18%
University of California - Davis5.18%
New York University4.95%

Best majors for finance assistants

RankMajorPercentages
1Business30.8%
2Accounting19.6%
3Finance9.7%
4Psychology4.9%
5Economics3.5%

Best colleges for finance assistants

The best colleges for finance assistants are Northwestern University, University of Pennsylvania, and Boston College.

A finance assistant with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for finance assistants. 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 finance assistants.

1. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

2. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

3. Western Carolina University

Cullowhee, NC • Private

In-state tuition

$3,926

Enrollment

9,835

4. University of Southern California

Los Angeles, CA • Private

In-state tuition

$56,225

Enrollment

19,548

5. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Enrollment

14,629

6. SUNY at Binghamton

Vestal, NY • Private

In-state tuition

$9,808

Enrollment

13,990

7. Villanova University

Villanova, PA • Private

In-state tuition

$53,308

Enrollment

6,819

8. Boston College

Chestnut Hill, MA • Private

In-state tuition

$55,464

Enrollment

9,639

9. San Diego State University

San Diego, CA • Private

In-state tuition

$7,488

Enrollment

30,018

10. Ball State University

Muncie, IN • Private

In-state tuition

$9,896

Enrollment

15,529

20 best online courses for finance assistants

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Top 10 most affordable universities for finance assistants

The most affordable schools for finance assistants are Baruch College of the City University of New York, usf sarasota-manatee, and suny farmingdale.

If the best universities for finance assistants 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 finance assistants.

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. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

4. University of Puerto Rico - Mayaguez

Mayaguez, PR • Private

In-state tuition

$4,094

Cost of attendance

14,302

5. Brooklyn College of the City University of New York

Brooklyn, NY • Private

In-state tuition

$7,240

Cost of attendance

13,991

6. Minot State University

Minot, ND • Private

In-state tuition

$7,064

Cost of attendance

15,576

7. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

8. Dickinson State University

Dickinson, ND • Private

In-state tuition

$6,768

Cost of attendance

15,506

9. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

10. University of Florida

Gainesville, FL • Private

In-state tuition

$6,381

Cost of attendance

21,034

Top 10 hardest universities to get into for finance assistants

The hardest universities for finance assistants to get into are Northwestern University, University of Pennsylvania, and Boston College.

Some great schools for finance assistants 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 finance assistants 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. Northwestern University

Evanston, IL • Private

Admissions rate

8%

SAT average

1,508

2. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

8%

SAT average

1,492

3. Boston College

Chestnut Hill, MA • Private

Admissions rate

28%

SAT average

1,429

4. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

5. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

6. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

7. Villanova University

Villanova, PA • Private

Admissions rate

29%

SAT average

1,407

8. Vanderbilt University

Nashville, TN • Private

Admissions rate

10%

SAT average

1,514

9. Bentley University

Waltham, MA • Private

Admissions rate

43%

SAT average

1,338

10. SUNY at Binghamton

Vestal, NY • Private

Admissions rate

40%

SAT average

1,376

Top 10 easy-to-apply-to universities for finance assistants

The easiest schools for finance assistants to get into are Oklahoma Wesleyan University, holy names university, and notre dame college.

Some schools are much easier to get into. If you want to start your career as a finance assistant 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 finance assistants.

1. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

2. Holy Names University

Oakland, CA • Private

Admissions rate

70%

SAT average

849

3. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

4. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

5. University of North Texas at Dallas

Dallas, TX • Private

Admissions rate

83%

SAT average

992

6. La Roche College

Pittsburgh, PA • Private

Admissions rate

99%

SAT average

1,008

7. Holy Family University

Philadelphia, PA • Private

Admissions rate

72%

SAT average

1,017

8. Ottawa University

Ottawa, KS • Private

Admissions rate

78%

SAT average

1,024

9. Saint Joseph's College of Maine

Standish, ME • Private

Admissions rate

84%

SAT average

1,069

10. Kean University

Union, NJ • Private

Admissions rate

86%

SAT average

991

Average finance assistant salary by education level

Finance assistants with a Master's degree earn more than those without, at $45,035 annually. With a Bachelor's degree, finance assistants earn a median annual income of $43,065 compared to $40,898 for finance assistants with an Associate degree.
Finance assistant education levelFinance assistant salary
Master's Degree$45,035
High School Diploma or Less$40,301
Bachelor's Degree$43,065
Some College/ Associate Degree$40,898

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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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