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Foreign exchange services manager education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a foreign exchange services manager. Foreign exchange services managers usually study finance, business, or accounting. 74% of foreign exchange services managers hold a bachelor's degree, and 13% hold an master's degree. We analyzed 82 real foreign exchange services manager resumes to see exactly what foreign exchange services manager education sections show.

The most common colleges for foreign exchange services managers are the Purdue University and the Purdue University.

There are also many online foreign exchange services manager courses to help get the education required to be a foreign exchange services manager.

What education do you need to become a foreign exchange services manager?

What degree do you need to be a foreign exchange services manager?

The most common degree for foreign exchange services managers is bachelor's degree, with 74% of foreign exchange services managers earning that degree. The second and third most common degree levels are master's degree degree at 13% and master's degree degree at 6%.
  • Bachelor's, 74%
  • Master's, 13%
  • High School Diploma, 6%
  • Associate, 3%
  • Other Degrees, 4%

What should I major in to become a foreign exchange services manager?

You should major in finance to become a foreign exchange services manager. 23% of foreign exchange services managers major in finance. Other common majors for a foreign exchange services manager include business and accounting.

Most common colleges for foreign exchange services managers

Foreign exchange services managers often get their degrees at Purdue University, Rutgers, The State University of New Jersey, and Illinois State University. Here are the most common colleges for foreign exchange services managers in the US based on their resumes.
Foreign exchange services manager common collegePercentages
Purdue University8.00%
Rutgers, The State University of New Jersey8.00%
Illinois State University8.00%
Baruch College of the City University of New York8.00%
University of Delaware8.00%

Best majors for foreign exchange services managers

RankMajorPercentages
1Finance23.3%
2Business18.3%
3Accounting13.3%
4English6.7%
5Marketing5.0%

Best colleges for foreign exchange services managers

The best colleges for foreign exchange services managers are Northwestern University, University of Pennsylvania, and Vanderbilt University.

A foreign exchange services manager with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for foreign exchange services managers. 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 foreign exchange services managers.

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. University of Southern California

Los Angeles, CA • Private

In-state tuition

$56,225

Enrollment

19,548

4. New York University

New York, NY • Private

In-state tuition

$51,828

Enrollment

26,339

5. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-state tuition

$14,760

Enrollment

31,451

6. Vanderbilt University

Nashville, TN • Private

In-state tuition

$49,816

Enrollment

6,840

7. Lehigh University

Bethlehem, PA • Private

In-state tuition

$52,930

Enrollment

5,030

8. San Diego State University

San Diego, CA • Private

In-state tuition

$7,488

Enrollment

30,018

9. University of Illinois at Urbana-Champaign

Champaign, IL • Private

In-state tuition

$15,094

Enrollment

32,974

10. University of Wisconsin - Madison

Madison, WI • Private

In-state tuition

$10,555

Enrollment

30,360

20 best online courses for foreign exchange services managers

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Top 10 most affordable universities for foreign exchange services managers

The most affordable schools for foreign exchange services managers are Baruch College of the City University of New York, usf sarasota-manatee, and california state university - long beach.

If the best universities for foreign exchange services managers 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 foreign exchange services managers.

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. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

4. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

5. California State University - Fresno

Fresno, CA • Private

In-state tuition

$6,587

Cost of attendance

16,915

6. University of Florida

Gainesville, FL • Private

In-state tuition

$6,381

Cost of attendance

21,034

7. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

8. Florida Atlantic University

Boca Raton, FL • Private

In-state tuition

$4,831

Cost of attendance

19,559

9. Florida State University

Tallahassee, FL • Private

In-state tuition

$5,656

Cost of attendance

21,623

10. California State University - Northridge

Northridge, CA • Private

In-state tuition

$6,893

Cost of attendance

18,870

Top 10 hardest universities to get into for foreign exchange services managers

The hardest universities for foreign exchange services managers to get into are Northwestern University, University of Pennsylvania, and Vanderbilt University.

Some great schools for foreign exchange services managers 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 foreign exchange services managers 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. Vanderbilt University

Nashville, TN • Private

Admissions rate

10%

SAT average

1,514

4. Washington University in St Louis

Saint Louis, MO • Private

Admissions rate

15%

SAT average

1,506

5. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

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. Johns Hopkins University

Baltimore, MD • Private

Admissions rate

11%

SAT average

1,513

9. Lehigh University

Bethlehem, PA • Private

Admissions rate

22%

SAT average

1,380

10. Villanova University

Villanova, PA • Private

Admissions rate

29%

SAT average

1,407

Top 10 easy-to-apply-to universities for foreign exchange services managers

The easiest schools for foreign exchange services managers to get into are Barry University, oklahoma wesleyan university, and mount saint mary's university.

Some schools are much easier to get into. If you want to start your career as a foreign exchange services manager 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 foreign exchange services managers.

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. Mount Saint Mary's University

Los Angeles, CA • Private

Admissions rate

84%

SAT average

1,031

4. Gwynedd Mercy University

Gwynedd Valley, PA • Private

Admissions rate

92%

SAT average

1,031

5. Holy Names University

Oakland, CA • Private

Admissions rate

70%

SAT average

849

6. University of the Incarnate Word

San Antonio, TX • Private

Admissions rate

88%

SAT average

1,044

7. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

8. The University of Texas Permian Basin

Odessa, TX • Private

Admissions rate

91%

SAT average

1,046

9. Texas Woman's University

Denton, TX • Private

Admissions rate

87%

SAT average

1,059

10. Felician University

Lodi, NJ • Private

Admissions rate

81%

SAT average

999

Average foreign exchange services manager salary by education level

According to our data, foreign exchange services managers with a Doctorate degree earn the highest average salary, at $93,733 annually. Foreign exchange services managers with a Master's degree earn an average annual salary of $91,910.
Foreign exchange services manager education levelForeign exchange services manager salary
Master's Degree$91,910
High School Diploma or Less$52,412
Bachelor's Degree$76,881
Doctorate Degree$93,733
Some College/ Associate Degree$56,351

Foreign exchange services manager 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.