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Personal finance instructor education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a personal finance instructor. Personal finance instructors usually study business, finance, or accounting. 57% of personal finance instructors hold a bachelor's degree, and 24% hold an master's degree. We analyzed 558 real personal finance instructor resumes to see exactly what personal finance instructor education sections show.

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

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

There are certain personal finance instructor certifications that you should consider. These personal finance instructor certifications include Certified Management Accountant (CMA) and Chartered Financial Analyst (CFA).

What education do you need to become a personal finance instructor?

What degree do you need to be a personal finance instructor?

The most common degree for personal finance instructors is bachelor's degree, with 57% of personal finance instructors earning that degree. The second and third most common degree levels are master's degree degree at 24% and master's degree degree at 7%.
  • Bachelor's, 56%
  • Master's, 24%
  • Associate, 7%
  • High School Diploma, 6%
  • Other Degrees, 7%

What should I major in to become a personal finance instructor?

You should major in business to become a personal finance instructor. 22% of personal finance instructors major in business. Other common majors for a personal finance instructor include finance and accounting.

Most common colleges for personal finance instructors

Personal finance instructors often get their degrees at University of Phoenix, University of Maryland - College Park, and Southern Illinois University Carbondale. Here are the most common colleges for personal finance instructors in the US based on their resumes.
Personal finance instructor common collegePercentages
University of Phoenix13.85%
University of Maryland - College Park10.77%
Southern Illinois University Carbondale7.69%
University of Connecticut4.62%
The University of Alabama4.62%

Best majors for personal finance instructors

RankMajorPercentages
1Business22.4%
2Finance18.6%
3Accounting7.9%
4Psychology5.9%
5Criminal Justice4.5%

Best colleges for personal finance instructors

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

A personal 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 personal 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 personal finance instructors.

1. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

2. Stanford University

Stanford, CA • Private

In-state tuition

$51,354

Enrollment

7,083

3. University of Southern California

Los Angeles, CA • Private

In-state tuition

$56,225

Enrollment

19,548

4. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-state tuition

$14,760

Enrollment

31,451

5. University of California - Los Angeles

Los Angeles, CA • Private

In-state tuition

$13,226

Enrollment

31,568

6. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

7. Johns Hopkins University

Baltimore, MD • Private

In-state tuition

$53,740

Enrollment

5,567

8. Vanderbilt University

Nashville, TN • Private

In-state tuition

$49,816

Enrollment

6,840

9. Lehigh University

Bethlehem, PA • Private

In-state tuition

$52,930

Enrollment

5,030

10. SUNY College at Oswego

Oswego, NY • Private

In-state tuition

$8,440

Enrollment

7,039

20 best online courses for personal finance instructors

Advertising disclosure

1. Introduction to Personal Finance

coursera

This course is a general overview of a variety of personal finance topics - including budgeting, the importance of your credit score, cash flow, setting financial goals, and taxes. Taught by two CERTIFIED FINANCIAL PLANNERâ„¢ Professionals, the concepts are broken down through videos, readings, and activities so you can apply what you are learning in real time. The course provides the foundation to build on for the rest of The Fundamentals of Personal Finance Specialization or as a standalone...

2. The Fundamentals of Personal Finance

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This Specialization is intended for anyone looking to take control of their finances. Through these five courses, you will cover a variety of personal finance topics, including budgets, investing, and managing risk. The readings, videos, and activities will prepare you to understand the current state of your money, as well as take actions to work toward your financial goals. This specialization is geared towards learners in the United States of America...

3. Personal Finance: Financial Security Thinking & Principles

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4.7
(1,161)

How to secure your financial future the fun & easy way! Personal Finance: Financial Security Thinking & Principles...

4. The Personal Finance and Wealth Management Masterclass

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4.4
(334)

Become an Expert in Personal Finance and Investing. Learn MBA-Level Financial Analysis. Master Finance Fundamentals...

5. Personal & Family Financial Planning

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Personal and Family Financial Planning will address many critical personal financial management topics in order to help you learn prudent habits both while in school and throughout your lifetime...

6. Personal Finance

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4.7
(275)

Learn how to plan your personal finances from a certified public accountant (CPA)...

7. Personal Finance Masterclass - Easy Guide to Better Finances

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4.5
(3,013)

Your complete personal finance guide to understanding finances. Save more, invest smarter, reduce loans, retire earlier!...

8. Simple Basics of Personal Finance

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4.4
(384)

Learn The Fundamentals Of Your Personal Money and Finances Using Easy-To-Understand Language And Clear Examples...

9. Acorns' Guide to Personal Finance

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4.5
(5,143)

5 Steps to Building Wealth: Budget Better, Pay Off Debt Faster, Save and Earn More Money and Invest Wisely...

10. The Complete Finance Manager Course

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4.6
(5,357)

Financial Management, ERP systems, Accounting, Capital budgeting, Presentation design, Management, and Negotiation...

11. The Core Four of Personal Finance including Recession Basics

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A global recession has started! Learn the core four pillars of personal finance. Get and stay motivated!...

12. Bulletproof Personal Finance: Expert Asset Allocation

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4.6
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How to Build an Asset Portfolio...

13. Personal Financial Well-Being

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4.6
(1,557)

Understanding Your Financial Life...

14. The Complete Personal Finance Course: Save,Protect,Make More

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4.6
(9,760)

3 Courses in 1! Save,Protect & Make More! By an Award Winning MBA Professor, VC & Best Selling Online Business Teacher...

15. Corporate Finance #1 Introduction & Financial Statements

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4.3
(510)

Navigating the Intersection of Finance, Accounting, and Economics for Effective Corporate Decision-Making...

16. Complete Financial Modeling for Project Finance in Excel

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4.6
(589)

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

17. Finance for Non Finance Executives

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4.6
(929)

Accounting and Finance Fundamentals for Non Finance Executives...

18. Real Estate Investment & Finance

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4.3
(315)

Learn to use real estate investing tools to make better investing decisions from a Certified Public Account (CPA)...

19. Finance 101: Financial Skills for the Real World

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4.7
(1,031)

Understand and Learn How to Apply the Core Principles of Finance in a Couple of Hours...

20. The Role and Goal of Financial Management

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4.3
(642)

Introduce yourself with the world of finance, the areas of financial decision-making and plan your learning of finance...

Top 10 most affordable universities for personal finance instructors

The most affordable schools for personal finance instructors are Baruch College of the City University of New York, usf sarasota-manatee, and brooklyn college of the city university of new york.

If the best universities for personal 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 personal 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. Brooklyn College of the City University of New York

Brooklyn, NY • Private

In-state tuition

$7,240

Cost of attendance

13,991

4. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

5. University of Florida

Gainesville, FL • Private

In-state tuition

$6,381

Cost of attendance

21,034

6. California State University - Bakersfield

Bakersfield, CA • Private

In-state tuition

$7,309

Cost of attendance

16,714

7. California State University - Fresno

Fresno, CA • Private

In-state tuition

$6,587

Cost of attendance

16,915

8. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

9. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

10. Florida International University

Miami, FL • Private

In-state tuition

$6,556

Cost of attendance

19,434

Top 10 hardest universities to get into for personal finance instructors

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

Some great schools for personal 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 personal 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. Stanford University

Stanford, CA • Private

Admissions rate

4%

SAT average

1,497

2. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

8%

SAT average

1,492

3. Northwestern University

Evanston, IL • Private

Admissions rate

8%

SAT average

1,508

4. Vanderbilt University

Nashville, TN • Private

Admissions rate

10%

SAT average

1,514

5. Johns Hopkins University

Baltimore, MD • Private

Admissions rate

11%

SAT average

1,513

6. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

7. Washington University in St Louis

Saint Louis, MO • Private

Admissions rate

15%

SAT average

1,506

8. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

9. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

10. University of Rochester

Rochester, NY • Private

Admissions rate

29%

SAT average

1,422

Top 10 easy-to-apply-to universities for personal finance instructors

The easiest schools for personal finance instructors to get into are Oklahoma Wesleyan University, holy names university, and barry university.

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

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. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

4. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

5. La Roche College

Pittsburgh, PA • Private

Admissions rate

99%

SAT average

1,008

6. Ottawa University

Ottawa, KS • Private

Admissions rate

78%

SAT average

1,024

7. Holy Family University

Philadelphia, PA • Private

Admissions rate

72%

SAT average

1,017

8. Saint Joseph's College of Maine

Standish, ME • Private

Admissions rate

84%

SAT average

1,069

9. Kean University

Union, NJ • Private

Admissions rate

86%

SAT average

991

10. University of the Incarnate Word

San Antonio, TX • Private

Admissions rate

88%

SAT average

1,044

Average personal finance instructor salary by education level

According to our data, personal finance instructors with a Doctorate degree earn the highest average salary, at $170,252 annually. Personal finance instructors with a Master's degree earn an average annual salary of $134,262.
Personal finance instructor education levelPersonal finance instructor salary
Master's Degree$134,262
High School Diploma or Less$77,430
Bachelor's Degree$106,607
Doctorate Degree$170,252
Some College/ Associate Degree$96,881

Personal 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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