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Finance counselor education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a finance counselor. Finance counselors usually study business, health care administration, or accounting. 47% of finance counselors hold a bachelor's degree, and 22% hold an associate degree. We analyzed 10,562 real finance counselor resumes to see exactly what finance counselor education sections show.

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

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

There are certain finance counselor certifications that you should consider. These finance counselor certifications include Medical Assistant and Certified Billing and Coding Specialist (CBCS).

What education do you need to become a finance counselor?

What degree do you need to be a finance counselor?

The most common degree for finance counselors is bachelor's degree, with 47% of finance counselors earning that degree. The second and third most common degree levels are associate degree degree at 22% and associate degree degree at 12%.
  • Bachelor's, 47%
  • Associate, 22%
  • High School Diploma, 12%
  • Master's, 7%
  • Other Degrees, 12%

What should I major in to become a finance counselor?

You should major in business to become a finance counselor. 33% of finance counselors major in business. Other common majors for a finance counselor include health care administration and accounting.

Most common colleges for finance counselors

Finance counselors often get their degrees at University of Phoenix, The University of Tennessee - Knoxville, and University of Central Florida. Here are the most common colleges for finance counselors in the US based on their resumes.
Finance counselor common collegePercentages
University of Phoenix37.02%
The University of Tennessee - Knoxville6.35%
University of Central Florida4.70%
American InterContinental University4.42%
Arizona State University4.28%

Best majors for finance counselors

RankMajorPercentages
1Business32.8%
2Health Care Administration11.5%
3Accounting7.0%
4Psychology5.7%
5General Studies4.5%

Best colleges for finance counselors

The best colleges for finance counselors are Northwestern University, University of Pennsylvania, and Stanford University.

A finance counselor 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 counselors. 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 counselors.

1. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

2. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-state tuition

$14,760

Enrollment

31,451

3. Howard University

Washington, DC • Private

In-state tuition

$26,756

Enrollment

6,166

4. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

5. Pennsylvania State University

University Park, PA • Private

In-state tuition

$18,454

Enrollment

40,108

6. Stanford University

Stanford, CA • Private

In-state tuition

$51,354

Enrollment

7,083

7. University of Southern California

Los Angeles, CA • Private

In-state tuition

$56,225

Enrollment

19,548

8. Harvard University

Cambridge, MA • Private

In-state tuition

$50,420

Enrollment

7,582

9. SUNY Stony Brook

Stony Brook, NY • Private

In-state tuition

$9,625

Enrollment

17,407

10. Boston University

Boston, MA • Private

In-state tuition

$53,948

Enrollment

17,238

20 best online courses for finance counselors

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Top 10 most affordable universities for finance counselors

The most affordable schools for finance counselors are Baruch College of the City University of New York, university of florida, and california state university - bakersfield.

If the best universities for finance counselors 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 counselors.

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. University of Florida

Gainesville, FL • Private

In-state tuition

$6,381

Cost of attendance

21,034

3. California State University - Bakersfield

Bakersfield, CA • Private

In-state tuition

$7,309

Cost of attendance

16,714

4. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

5. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

6. Florida International University

Miami, FL • Private

In-state tuition

$6,556

Cost of attendance

19,434

7. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

8. USF Sarasota-Manatee

Sarasota, FL • Private

In-state tuition

$5,587

Cost of attendance

13,043

9. Florida Atlantic University

Boca Raton, FL • Private

In-state tuition

$4,831

Cost of attendance

19,559

10. Brooklyn College of the City University of New York

Brooklyn, NY • Private

In-state tuition

$7,240

Cost of attendance

13,991

Top 10 hardest universities to get into for finance counselors

The hardest universities for finance counselors to get into are Northwestern University, University of Pennsylvania, and Stanford University.

Some great schools for finance counselors 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 counselors 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. Stanford University

Stanford, CA • Private

Admissions rate

4%

SAT average

1,497

4. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

5. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

6. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

7. Vanderbilt University

Nashville, TN • Private

Admissions rate

10%

SAT average

1,514

8. Johns Hopkins University

Baltimore, MD • Private

Admissions rate

11%

SAT average

1,513

9. Harvard University

Cambridge, MA • Private

Admissions rate

5%

SAT average

1,520

10. Carnegie Mellon University

Pittsburgh, PA • Private

Admissions rate

17%

SAT average

1,507

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

The easiest schools for finance counselors to get into are Barry University, oklahoma wesleyan university, and ottawa university.

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

1. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

2. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

3. Ottawa University

Ottawa, KS • Private

Admissions rate

78%

SAT average

1,024

4. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

5. University of the Incarnate Word

San Antonio, TX • Private

Admissions rate

88%

SAT average

1,044

6. Saint Joseph's College of Maine

Standish, ME • Private

Admissions rate

84%

SAT average

1,069

7. Kean University

Union, NJ • Private

Admissions rate

86%

SAT average

991

8. Holy Family University

Philadelphia, PA • Private

Admissions rate

72%

SAT average

1,017

9. D'Youville College

Buffalo, NY • Private

Admissions rate

100%

SAT average

1,072

10. Holy Names University

Oakland, CA • Private

Admissions rate

70%

SAT average

849

Average finance counselor salary by education level

Finance counselors with a Doctorate degree earn more than those without, at $44,045 annually. With a Master's degree, finance counselors earn a median annual income of $42,682 compared to $41,254 for finance counselors with an Bachelor's degree.
Finance counselor education levelFinance counselor salary
Master's Degree$42,682
Bachelor's Degree$41,254
Doctorate Degree$44,045

Finance counselor 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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