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Finance compliance officer education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a finance compliance officer. Finance compliance officers usually study accounting, business, or finance. 66% of finance compliance officers hold a bachelor's degree, and 16% hold an master's degree. We analyzed 255 real finance compliance officer resumes to see exactly what finance compliance officer education sections show.

The most common colleges for finance compliance officers are the New York University and the New York University.

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

What education do you need to become a finance compliance officer?

What degree do you need to be a finance compliance officer?

The most common degree for finance compliance officers is bachelor's degree, with 66% of finance compliance officers earning that degree. The second and third most common degree levels are master's degree degree at 16% and master's degree degree at 8%.
  • Bachelor's, 66%
  • Master's, 16%
  • Associate, 8%
  • Doctorate, 6%
  • Other Degrees, 4%

What should I major in to become a finance compliance officer?

You should major in accounting to become a finance compliance officer. 30% of finance compliance officers major in accounting. Other common majors for a finance compliance officer include business and finance.

Most common colleges for finance compliance officers

Finance compliance officers often get their degrees at New York University, Fordham University, and University of Phoenix. Here are the most common colleges for finance compliance officers in the US based on their resumes.
Finance compliance officer common collegePercentages
New York University7.32%
Fordham University7.32%
University of Phoenix7.32%
Texas A&M University7.32%
Trident University International4.88%

Best majors for finance compliance officers

RankMajorPercentages
1Accounting30.2%
2Business25.3%
3Finance11.5%
4Law4.9%
5Economics3.3%

Best colleges for finance compliance officers

The best colleges for finance compliance officers are Northwestern University, University of Pennsylvania, and Harvard University.

A finance compliance officer 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 compliance officers. 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 compliance officers.

1. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

2. Harvard University

Cambridge, MA • Private

In-state tuition

$50,420

Enrollment

7,582

3. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

4. University of Michigan - Ann Arbor

Ann Arbor, MI • Private

In-state tuition

$15,262

Enrollment

30,079

5. Washington University in St Louis

Saint Louis, MO • Private

In-state tuition

$53,399

Enrollment

7,356

6. University of North Carolina at Chapel Hill

Chapel Hill, NC • Private

In-state tuition

$8,987

Enrollment

18,946

7. University of Washington

Seattle, WA • Private

In-state tuition

$11,207

Enrollment

30,905

8. Boston University

Boston, MA • Private

In-state tuition

$53,948

Enrollment

17,238

9. University of Southern California

Los Angeles, CA • Private

In-state tuition

$56,225

Enrollment

19,548

10. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-state tuition

$14,760

Enrollment

31,451

20 best online courses for finance compliance officers

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1. Regulatory Compliance

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5. Cybersecurity Management and Compliance

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In this course, you’ll learn about data and record management, Information security, standards and policy formation, and implementation. You’ll also explore cloud adoption frameworks and regulatory compliance frameworks. This course will take you one step closer to the Microsoft Cybersecurity Analyst Professional Certificate, which requires no degree or prior experience. After completing this course, you'll be able to: • Explain the principles of cloud security planning • Identify security...

6. What is Corruption: Anti-Corruption and Compliance

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Have you ever paid someone for doing you a favor? You may be accustomed to tipping wait staff or other service providers, but what if you paid a police officer for NOT issuing a parking ticket? Or if you gave a “gift” to a government official for signing a contract with your company? Tipping might be okay, but paying a bribe is a violation of the law. Bribery is widespread and exists almost everywhere and in many forms. Compliance programs address this and other forms of corruption. In this...

7. Introduction to Compliance Risk Management CRM

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10. The Ultimate Guide to Money Laundering and AML Compliance

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11. Anti-Money Laundering Concepts: AML, KYC and Compliance

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(Highest number of Students Enrolled) Anti-Money Laundering(AML), AML policies, AML KYC & AML Compliance...

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13. Build Powerful Compliance Programs & Prevent Corporate Fraud

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14. Foreign Corrupt Practices Act (FCPA) Compliance

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This course offers guidelines to recognizing, understanding and dealing with bribery, corruption and compliance...

15. 3-in-1 Banking, Banking Risk and Compliance Masterclass

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The essentials of the banking business (business model, compliance, others), financial risk management and compliance...

16. Sanctions Compliance Bootcamp - Including AML/KYC Lectures

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17. Internal Controls - Design, Implementation and Monitoring

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Become a compliance specialist, maintain strong internal controls for SOX or FCPA, prepare for internal & external audit...

18. Compliance Training for Employees

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19. HR 101: Compliance Made Easy - U.S. Employers Must Have

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Streamline the most critical human resource (HR) processes and be in compliance with U.S. employment regulations...

20. Anti-Money Laundering and Combating Terrorism Financing

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AML Concepts, Customer Due Diligence Principles, Controls and Procedures...

Top 10 most affordable universities for finance compliance officers

The most affordable schools for finance compliance officers are University of Florida, baruch college of the city university of new york, and california state university - long beach.

If the best universities for finance compliance officers 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 compliance officers.

1. University of Florida

Gainesville, FL • Private

In-state tuition

$6,381

Cost of attendance

21,034

2. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Cost of attendance

14,046

3. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

4. Florida International University

Miami, FL • Private

In-state tuition

$6,556

Cost of attendance

19,434

5. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

6. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

7. Florida State University

Tallahassee, FL • Private

In-state tuition

$5,656

Cost of attendance

21,623

8. California State University - Los Angeles

Los Angeles, CA • Private

In-state tuition

$6,749

Cost of attendance

14,823

9. University of South Florida

Tampa, FL • Private

In-state tuition

$6,410

Cost of attendance

20,456

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 finance compliance officers

The hardest universities for finance compliance officers to get into are Northwestern University, University of Pennsylvania, and Harvard University.

Some great schools for finance compliance officers 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 compliance officers 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. Harvard University

Cambridge, MA • Private

Admissions rate

5%

SAT average

1,520

4. Washington University in St Louis

Saint Louis, MO • Private

Admissions rate

15%

SAT average

1,506

5. Northeastern University

Boston, MA • Private

Admissions rate

19%

SAT average

1,466

6. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

7. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

8. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

9. Vanderbilt University

Nashville, TN • Private

Admissions rate

10%

SAT average

1,514

10. Carnegie Mellon University

Pittsburgh, PA • Private

Admissions rate

17%

SAT average

1,507

Top 10 easy-to-apply-to universities for finance compliance officers

The easiest schools for finance compliance officers to get into are Barry University, university of the incarnate word, and university of north texas at dallas.

Some schools are much easier to get into. If you want to start your career as a finance compliance officer 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 compliance officers.

1. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

2. University of the Incarnate Word

San Antonio, TX • Private

Admissions rate

88%

SAT average

1,044

3. University of North Texas at Dallas

Dallas, TX • Private

Admissions rate

83%

SAT average

992

4. Saint Joseph's College of Maine

Standish, ME • Private

Admissions rate

84%

SAT average

1,069

5. University of Baltimore

Baltimore, MD • Private

Admissions rate

78%

SAT average

1,020

6. Gwynedd Mercy University

Gwynedd Valley, PA • Private

Admissions rate

92%

SAT average

1,031

7. Curry College

Milton, MA • Private

Admissions rate

93%

SAT average

1,026

8. Felician University

Lodi, NJ • Private

Admissions rate

81%

SAT average

999

9. Ottawa University

Ottawa, KS • Private

Admissions rate

78%

SAT average

1,024

10. Iona College

New Rochelle, NY • Private

Admissions rate

88%

SAT average

1,089

Average finance compliance officer salary by education level

Finance compliance officers with a Doctorate degree earn more than those without, at $103,323 annually. With a Master's degree, finance compliance officers earn a median annual income of $90,813 compared to $80,618 for finance compliance officers with an Bachelor's degree.
Finance compliance officer education levelFinance compliance officer salary
Master's Degree$90,813
High School Diploma or Less$64,549
Bachelor's Degree$80,618
Doctorate Degree$103,323
Some College/ Associate Degree$68,796

Finance compliance officer 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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