Finance Programs in Nebraska
The Midwestern state of Nebraska has nine colleges and universities that have finance programs. Five of those schools have Associate's degrees, and seven have Bachelor's degree programs. Five schools offer Master's-level programs, and four give students the chance to pursue a PhD in finance.
The average annual tuition cost for a Nebraska finance program is $12,102. This is lower than many other parts of the countries, due to Nebraska being in the Midwest, an area that generally has more affordable tuition costs. The majority of Nebraska finance schools are clustered on the eastern side of the state near the Iowa border.
Nebraska has many noted, high-caliber finance programs. The three best finance programs in Nebraska are at University of Nebraska – Lincoln, Creighton University, and University of Nebraska at Omaha. University of Nebraska at Omaha is very competitive, as it only accepts 8% of applicants. The other two schools have acceptance rates over 60%.
The variety of finance degrees in Nebraska allows students to find a degree that fits their specific needs. An Associate's degree takes approximately two years to complete. An Associate's program, such as the one at Northeast Community College, combines general education courses with introductory courses in finance. Students take classes like Personal Insurance, Principles of Management, and Agency Operations.
A Bachelor's degree takes four years to complete if a student goes full-time. However, they get a much deeper understanding of many different fields of finance. At University of Nebraska – Lincoln, students focus on risk determination, money management, and investment analysis. One benefit of choosing this school is that it is a Program Partner with CFA Institute, and it offers a concentration in Investments/CFA. Students can also choose to concentrate on General Finance, Risk Management and Insurance, and Banking and Financial Institutions. Classes offered at this school include Enterprise Risk Management, Intermediate Macroeconomics, and Financial Statement Analysis.
Another type of Bachelor's degree in finance is actually a Bachelor's degree in business administration with a focus in finance. This is offered at University of Nebraska – Omaha, and it prepares students for a career in corporate finance.
Earning a Master's degree in finance in Nebraska is very competitive. Once you are accepted into the program, it takes about two years to complete. You will have to take the Graduate Management Admissions Test, also known as GMAT. At this level, students can work as research or teaching assistants.
If you are earning an Associate's degree in finance, you will likely not have to worry about licensure for your future career. Most Associate's-level jobs provide on-the-job training and do not require any licensing beyond your degree.
Certain Bachelor's and Master's-level careers do require examination and licensure. Investment advisors, stockbrokers, and financial planners all must be licensed through the correct department.
Investment advisors in Nebraska are regulated by the State of Nebraska Department of Banking and Finance. Per the Nebraska Administrative code, you must pass the Series 65 exam or the Series 66 and 7 exams.
To work as a stockbroker in Nebraska, you must register with the Department of Banking and Finance. Certain examinations are also required. You must take the Series 63 or 66 exam. In addition, you must take the Series 6, 7, or 22 exam—whichever one relates to the product that you plan on selling.
Financial planners who sell life insurance and fixed annuities must be registered with the Department of Insurance. If this is your desired career, you must take 20 hours of pre-licensing education. You can then take the life and annuities exam, available at Prometric testing centers.
Bachelor's and Master's degree holders have a wide variety of finance careers to choose from. Per the Bureau of Labor Statistics, the three largest careers at this level are loan officers, insurance underwriters, and auditors. Average salaries range from $44,040 for tax preparers to $80,140 for personal financial advisors. Finance graduates with Associate's degrees in finance may work as bookkeepers, auditing clerks, and procurement clerks. Salary ranges for these careers go from $31,330 to $39,570.
Some of the major finance employers in Nebraska include Robert Half Finance &Accounting, First Data, Pitney Bowes, and Lincoln Financial Group.