Best Colleges for Finance, Ranked by Graduate Outcomes
University of Pennsylvania tops Solyo’s finance ranking: its finance graduates earn a median $202,069 four years after finishing, and 97% of its students graduate within six years. The rest of the top five are Boston College, University of Notre Dame, University of Texas at Austin and University of Wisconsin-Madison. We scored all 400 colleges that award at least 20 finance bachelor’s degrees a year and report graduate earnings, using federal outcome data rather than reputation surveys.
How the score works. 25% graduate earnings, 25% graduation rate, 15% first-year retention, 15% earnings relative to debt, 20% program size, each scored against the other qualifying colleges. Admit rate is shown but not scored. Full methodology.
At a glance
- The middle qualifying college’s finance graduates earn $78,031 four years out; every college in the top 50 is above that.
- 27 of the top 50 are public universities, led by University of Texas at Austin at No. 4, so in-state tuition can buy a strong finance outcome.
- 36 of the 50 admit at least 30% of applicants: strong finance programs are not only at the most selective schools.
- 770 colleges award finance bachelor’s degrees; 400 meet the data requirements to be scored.
The top 50 colleges for finance
| # | College | Grad earnings, 4 yrs | Score |
|---|---|---|---|
| 1 | University of PennsylvaniaPhiladelphia, PA · Private · 97% grad rate · 99% retention · 4.9% admit | $202,069 | 99.0 |
| 2 | Boston CollegeChestnut Hill, MA · Private · 91% grad rate · 96% retention · 16% admit | $147,746 | 98.0 |
| 3 | University of Notre DameNotre Dame, IN · Private · 95% grad rate · 99% retention · 9.4% admit | $160,313 | 97.9 |
| 4 | University of Texas at AustinAustin, TX · Public · 89% grad rate · 97% retention · 22% admit | $132,075 | 97.2 |
| 5 | University of Wisconsin-MadisonMadison, WI · Public · 90% grad rate · 96% retention · 41% admit | $107,207 | 96.3 |
| 6 | Georgetown UniversityWashington, DC · Private · 95% grad rate · 97% retention · 14% admit | $152,744 | 95.9 |
| 7 | Tulane UniversityNew Orleans, LA · Private · 86% grad rate · 93% retention · 14% admit | $129,850 | 95.1 |
| 8 | Washington University in St. LouisSt. Louis, MO · Private · 94% grad rate · 95% retention · 12% admit | $185,551 | 94.7 |
| 9 | Ohio State UniversityColumbus, OH · Public · 88% grad rate · 94% retention · 49% admit | $97,986 | 94.5 |
| 10 | University of GeorgiaAthens, GA · Public · 90% grad rate · 94% retention · 34% admit | $97,364 | 94.3 |
| 11 | University of Illinois Urbana-ChampaignChampaign, IL · Public · 85% grad rate · 95% retention · 37% admit | $119,978 | 94.2 |
| 12 | University of Maryland-College ParkCollege Park, MD · Public · 89% grad rate · 96% retention · 45% admit | $110,648 | 94.1 |
| 13 | Texas A&M University-College StationCollege Station, TX · Public · 84% grad rate · 94% retention · 52% admit | $112,319 | 94.0 |
| 14 | Villanova UniversityVillanova, PA · Private · 92% grad rate · 95% retention · 28% admit | $131,996 | 93.7 |
| 15 | University of FloridaGainesville, FL · Public · 91% grad rate · 98% retention · 20% admit | $106,153 | 93.2 |
| 16 | Southern Methodist UniversityDallas, TX · Private · 84% grad rate · 91% retention · 48% admit | $133,852 | 93.0 |
| 17 | Lehigh UniversityBethlehem, PA · Private · 88% grad rate · 94% retention · 29% admit | $127,210 | 92.3 |
| 18 | University of MiamiCoral Gables, FL · Private · 84% grad rate · 94% retention · 18% admit | $110,240 | 92.2 |
| 19 | Wake Forest UniversityWinston-Salem, NC · Private · 89% grad rate · 93% retention · 22%* admit | $145,996 | 92.1 |
| 20 | Texas Christian UniversityFort Worth, TX · Private · 86% grad rate · 93% retention · 48% admit | $111,304 | 91.7 |
| 21 | Santa Clara UniversitySanta Clara, CA · Private · 88% grad rate · 94% retention · 48% admit | $118,737 | 91.5 |
| 22 | Brigham Young University-ProvoProvo, UT · Private · 81% grad rate · 91% retention · 69% admit | $129,879 | 90.0 |
| 23 | Miami University-OxfordOxford, OH · Public · 80% grad rate · 90% retention · 75% admit | $110,406 | 90.0 |
| 24 | Virginia Polytechnic Institute and State UniversityBlacksburg, VA · Public · 86% grad rate · 93% retention · 55% admit | $102,902 | 89.9 |
| 25 | Bentley UniversityWaltham, MA · Private · 87% grad rate · 93% retention · 45% admit | $113,795 | 89.2 |
| 26 | University of Minnesota-Twin CitiesMinneapolis, MN · Public · 85% grad rate · 91% retention · 79% admit | $98,279 | 88.9 |
| 27 | Clemson UniversityClemson, SC · Public · 87% grad rate · 94% retention · 42% admit | $91,269 | 88.3 |
| 28 | University of WashingtonSeattle, WA · Public · 85% grad rate · 95% retention · 42% admit | $97,452 | 88.3 |
| 29 | Michigan State UniversityEast Lansing, MI · Public · 81% grad rate · 90% retention · 83% admit | $102,017 | 88.2 |
| 30 | George Washington UniversityWashington, DC · Private · 84% grad rate · 92% retention · 47% admit | $126,638 | 87.5 |
| 31 | University of ConnecticutStorrs, CT · Public · 83% grad rate · 93% retention · 54% admit | $102,286 | 87.5 |
| 32 | Auburn UniversityAuburn, AL · Public · 82% grad rate · 95% retention · 47% admit | $84,352 | 87.5 |
| 33 | Elon UniversityElon, NC · Private · 84% grad rate · 90% retention · 63% admit | $103,426 | 87.4 |
| 34 | Fordham UniversityBronx, NY · Private · 82% grad rate · 89% retention · 59% admit | $141,860 | 87.2 |
| 35 | Pennsylvania State UniversityUniversity Park, PA · Public · 86% grad rate · 93% retention · 55% admit | $96,714 | 87.0 |
| 36 | University of OklahomaNorman, OK · Public · 75% grad rate · 90% retention · 78% admit | $106,719 | 86.3 |
| 37 | University of DelawareNewark, DE · Public · 81% grad rate · 92% retention · 69% admit | $101,605 | 86.2 |
| 38 | Rutgers University-New BrunswickNew Brunswick, NJ · Public · 84% grad rate · 93% retention · 65% admit | $100,695 | 86.1 |
| 39 | Florida State UniversityTallahassee, FL · Public · 86% grad rate · 96% retention · 24% admit | $87,089 | 85.9 |
| 40 | University of PittsburghPittsburgh, PA · Public · 86% grad rate · 92% retention · 60% admit | $95,087 | 85.8 |
| 41 | Syracuse UniversitySyracuse, NY · Private · 84% grad rate · 90% retention · 49% admit | $120,274 | 85.3 |
| 42 | Binghamton UniversityVestal, NY · Public · 82% grad rate · 89% retention · 39% admit | $115,013 | 85.3 |
| 43 | Marquette UniversityMilwaukee, WI · Private · 83% grad rate · 91% retention · 78% admit | $97,719 | 85.2 |
| 44 | Baylor UniversityWaco, TX · Private · 80% grad rate · 91% retention · 52% admit | $102,812 | 85.0 |
| 45 | University of South Carolina-ColumbiaColumbia, SC · Public · 79% grad rate · 92% retention · 56% admit | $92,578 | 84.9 |
| 46 | James Madison UniversityHarrisonburg, VA · Public · 80% grad rate · 92% retention · 69% admit | $104,926 | 84.0 |
| 47 | Fairfield UniversityFairfield, CT · Private · 84% grad rate · 91% retention · 25% admit | $106,663 | 83.8 |
| 48 | University of Massachusetts-AmherstAmherst, MA · Public · 83% grad rate · 92% retention · 60% admit | $96,995 | 83.7 |
| 49 | University of IowaIowa City, IA · Public · 75% grad rate · 90% retention · 80% admit | $88,229 | 83.4 |
| 50 | University of DaytonDayton, OH · Private · 80% grad rate · 89% retention · 66%* admit | $95,925 | 83.3 |
Grad earnings: median earnings of the college’s finance bachelor’s graduates four years after completing, College Scorecard. Grad rate: six-year graduation rate for the whole college. Retention: share of first-year students who return for a second year. * Admit rate from College Scorecard where the college’s Common Data Set lacks one; otherwise from its Common Data Set.
Methodology: the exact formula
Who qualifies. A college is scored when federal data shows it awards at least 20 bachelor’s degrees a year in Finance and Financial Management Services (CIP 52.08), publishes median earnings for those graduates, and reports a six-year graduation rate. 400 of the 770 colleges that offer the major meet all three. We list the top 50.
Score = 0.25 × Earnings + 0.25 × Graduation + 0.15 × Retention + 0.15 × EarningsToDebt + 0.2 × ProgramSize
- Earnings (25%): median earnings of the program’s bachelor’s graduates four years after completing.
- Graduation (25%): the college’s six-year graduation rate, because earnings only count if you finish.
- Retention (15%): the share of first-year students who come back for a second year, a direct read on how well the college supports its students.
- Earnings to debt (15%): those graduates’ four-year earnings divided by their median federal loan debt.
- Program size (20%): finance bachelor’s degrees awarded in the latest year, a proxy for course depth and recruiter attention.
Each input is converted to a percentile among the 400 qualifying colleges (0 = lowest, 100 = highest, ties share the same value), then weighted. If a college does not report program debt or a retention rate, that input is dropped and the other weights are rescaled. Most graduates go straight into the field, so graduate earnings matter, but completion counts as much: earnings only pay off for students who finish. Earnings stay under a third of the score on purpose: graduate pay partly reflects who a college admits, so a pay-led formula would mostly rank selectivity. Admit rate and any outside ranking are shown but never scored. Earnings reflect graduates who received federal aid and vary with where graduates work, so treat small score gaps as ties.
Why some well-known finance programs are not here
Some well-known schools teach finance as a concentration inside a general business degree. Federal data then counts their graduates under business administration, not finance, so they have no finance earnings figure to score. Some colleges award too few finance degrees for the government to publish earnings for them. Absence from this list is a data gap, not a verdict. For any college, its own page shows every major it reports with graduate earnings; start from the college directory.
A strong program only helps if you get in
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Questions about the best colleges for finance
What is the best college for finance?
By Solyo's composite, University of Pennsylvania ranks first for finance: its finance graduates earn a median $202,069 four years after finishing, and 97% of its students graduate within six years. The rest of the top five are Boston College, University of Notre Dame, University of Texas at Austin, University of Wisconsin-Madison. The best fit for you also depends on cost, admission odds and where you want to work.
How is this finance ranking calculated?
Each college gets a score from 0 to 100: 25% for the median earnings of its finance graduates four years after completing, 25% for its six-year graduation rate, 15% for its first-year retention rate, 15% for those graduates' earnings relative to their median federal debt, and 20% for how many finance bachelor's degrees it awards a year. Each input is scored as a percentile among the 400 colleges that qualify, so the score shows where a school stands against its peers. Earnings are capped below a third of the score because they partly reflect who a college admits, not only what its program adds.
Why isn't my college on this list?
Three common reasons. The college may award fewer than 20 finance bachelor's degrees a year, our minimum for a reliable earnings figure. The federal government may not publish earnings for its finance graduates, which happens when a cohort is too small to report. Or the college may teach finance as a concentration inside a general business degree, in which case federal data counts its graduates under business administration rather than finance. None of these says anything about quality.
How much do finance majors earn after college?
Across the 400 colleges we scored, the middle college's finance graduates earn a median $78,031 four years after completing their degree. At the top of this list the figure is $202,069. These are federal College Scorecard figures for graduates who received federal financial aid.
Is admission rate part of the score?
No. The admit rate is shown so you can judge your odds, but it is not scored: selectivity measures who gets in, not what a program does for its graduates. 36 of the 50 colleges here admit 30% of applicants or more.
Sources: U.S. Department of Education College Scorecard (program earnings, debt, degrees awarded and graduation rates, loaded February 22, 2026); each college’s Common Data Set (admit rates) . Scores computed by Solyo, updated November 1, 2026. More on reading these figures: how to read college data.