Finance Programs in Wyoming
Finance Schools in Wyoming
Online Finance Programs:4
Average Scholarship Package:$2,765
Average Grant Amount:$6,497
Average Housing Cost:$3,540
Average Gender Ratio:49% Men / 50% Women
Average Student-to-Faculty Ratio:18:1
The western state of Wyoming has four schools that offer finance degrees. They are primarily concentrated in the southeast corner of the state. Of these four schools, three offer Associate’s degrees in finance. Bachelor’s degrees in finance are available at two schools in Wyoming. One school offers a Master’s degree in finance, and the same school is the only one that has a PhD program in finance.
The three largest colleges with finance degrees in Wyoming are the University of Wyoming, Northwest College, and Laramie County Community College. The University of Wyoming is the only school in Wyoming with study abroad opportunities.
Average tuition in Wyoming is $6,392. This is fairly low when compared to the rest of the country, making Wyoming one of the most affordable states for getting a degree.
Students who choose to earn an Associate’s degree in finance often go on to work in entry level finance careers. Most schools that offer Associate’s degrees are technical/community colleges, like Northwest College and Laramie County Community College. This degree takes an average of two years to complete. Students will be expected to take classes in general education subjects, including humanities and social sciences. They will also be able to take courses in general finance and accounting.
Bachelor’s degrees, such as the one offered at the University of Wyoming, are the most popular finance degree. Students can earn a Bachelor’s degree in finance in about four years. Coursework for a Bachelor’s degree in finance includes classes in International Finance, Investments, Corporate Finance, and Stocks. These courses all prepare students for a high-level career in finance. Students may also choose to pursue a Master’s degree instead of entering the workforce right away.
Earning a Master’s degree can increase your career opportunities and potential earnings. If you go full-time, you may be able to finish a Master’s degree in one year or less. Most students go part-time and take about two years to finish their degree. Most schools that offer Master’s degrees are large universities, like the University of Wyoming. Students learn more about their intended career path in graduate school, whether their interests lie in corporate finance, international finance, or investments. If you have a finance career prior to earning a Master’s degree, your employer may pay some or all of your tuition for you to go back to school.
Finance graduates who want to work as investment advisors, stockbrokers, and financial planners in Wyoming must be licensed to do so.
To become licensed as an investment advisor, you have to first pass the Series 65 exam. You may also choose to take the Series 66 exam and the Series 7 exam. After passing these exams, you can get your license from the Secretary of State Compliance Division.
Stockbrokers working in Wyoming must first pass the Series 63 or 66 exam. They must also pass the Series 6 or 7 exam. After passing these exams, they can register with the Secretary of State Compliance Division. State law requires stockbrokers to take a refresher course after two years and every three years after that.
Financial planners that sell life insurance or fixed annuities in Wyoming must register with the Wyoming Insurance Department. Applicants must pass the life insurance and fixed annuities exam before licensure. After being licensed, you must complete 24 hours of continuing education every two years.
There are many large financial employers in Wyoming that hire talented finance graduates. Some of the largest finance employers in Wyoming include Friess Associates, Frontier Asset Management, Wealth Design Consulting, Kaiser Wealth Management, and Edward Jones.
As of May 2020, finance professionals in Wyoming earned the following average salaries:
- Financial analysts: $87,810
- Financial managers: $121,550
- Personal financial advisors: $122,270
Between 2018 and 2028, the number of jobs among the state’s financial analysts is projected to increase by 10%, resulting in about 10 annual job openings during this ten-year period when combined with retirements and natural job turnover.
Between 2018 and 2028, the number of jobs among the state’s financial managers is projected to increase by 15.7%, resulting in about 70 annual job openings during this ten-year period when combined with retirements and natural job turnover.
Between 2018 and 2028, the number of jobs among the state’s personal financial advisors is projected to increase by 17.1%, resulting in about 30 annual job openings during this ten-year period when combined with retirements and natural job turnover.
May 2020 Bureau of Labor Statistics salary and job market trends for financial analysts, financial managers, and personal financial advisors. Figures represent state data, not school specific information. Conditions in your area may vary. Data accessed April 2021.
Job growth projections for financial and investment analysts, financial managers, personal financial advisors sourced from the U.S. Department of Labor-sponsored O*Net database and based on state-specific information (2018-2028)