Education

Best Online Banking Degree Programs of 2022

Learn more about the top Banking programs, what to expect, job prospects, and how to choose the program that’s right for you.

Banking degrees are interdisciplinary programs that combine the study of business, economics, and finance. Banking degrees can prepare students for a variety of careers in the banking industry, including banking, financial planning, and investment banking.

Banking degrees offer a broad overview of the banking industry, covering topics such as banking regulations, financial analysis, and investment strategies. Students in banking degree programs learn about the different aspects of the banking industry, and how to manage and invest money. They also learn about the legal and regulatory environment in which banks operate.

How to Choose the Right Banking Program

When it comes to choosing the right banking degree program, there are a few key factors that prospective students need to keep in mind. The first is cost. Banking degree programs can be expensive, so it is important to research the tuition rates of different schools before making a decision.

Another important factor to consider is the curriculum of the program. Banking degree programs should offer coursework in topics such as financial accounting, commercial banking, and financial management. Students should also make sure that the program they choose is accredited by a reputable organization.

Finally, students need to consider their career goals when choosing a banking degree program. Some programs may offer specializations in areas such as investment banking or commercial lending. Students should choose a program that offers coursework in their area of interest.

Best Online Bachelor’s in Banking Programs

The best online programs for Banking ranking is based on key statistics and student reviews using data from the U.S. Department of Education. Some of the metrics influencing how the rankings are determined include graduation rate, average salary for graduates, accreditation, retention rate, and cost.

Rank 1
Pennsylvania State University
University Park, PA

The Bachelor of Science in Finance, Bachelor of Science in Finance degree from Pennsylvania State University is an online AACSB-accredited degree that prepares students for careers in finance. The program features multiple online extracurricular opportunities that allow students to apply their knowledge as they progress through their coursework. The curriculum provides a firm grounding in the principles of business, economics, and accounting with an in-depth focus on issues and knowledge in finance and financial management.

Rank 2
University of Minnesota
Minneapolis, MN

The Bachelor of Science in Finance, Bachelor of Science in Finance degree from University of Minnesota provides students with the theoretical and analytical framework required to work effectively in finance. The program covers all areas of finance such as investments, tax, insurance, and corporate finance. Students also study topics such as business analytics & ethics, managerial finance, and financial modeling.

Rank 3
University of Wisconsin-Whitewater
Whitewater, WI

The Bachelor of Science in Finance at University of Wisconsin-Whitewater is a four-year program that prepares students for a career in finance. The curriculum includes courses in security valuation, corporate financial management, banking, real estate, and insurance. Students in the program are also prepared to work as financial planners and investment managers.

Rank 4
University of Cincinnati
Cincinnati, OH

The Bachelor of Business Administration in Finance program at the University of Cincinnati is designed to provide students with a core of fundamental skills and modes of analysis that are critical to all careers in finance. In addition to this core, the curriculum also allows students to prepare for a specific career path by providing the opportunity to gain specialized knowledge in specific areas, including investment management, corporate finance, and commercial banking and financial institutions. The program is accredited by AACSB International and is designed through feedback received from business leaders regarding the skills and training they look for in managers.

Rank 5
University of Alabama at Birmingham
Birmingham, AL

The University of Alabama at Birmingham’s online Bachelor of Science in Finance degree is a rigorous program that covers essential financial topics, such as financial analysis, portfolio management, and real estate investment and analysis.

Rank 6
Florida International University
Miami, FL

The Bachelor of Business Administration in Finance at Florida International University is a fully online program that is designed to prepare students for a career or graduate studies in business, banking, corporate finance, or investments. The program provides students with the latest technology and analytical skills needed to make quick and effective financial decisions. The program is flexible and offers a variety of courses that allow students to tailor their education to their specific career goals.

Rank 7
Northwest Missouri State University
Maryville, MO

The Bachelor of Science in Finance degree from Northwest Missouri State University is a 100% online program that provides students with the tools to work on any organization’s finance team, where accounting and financial information is used to make determinations about risks, investments, planning and budgeting. The curriculum goes beyond theory and encourages students to think critically and act decisively. Plus, the profession-based learning aspect of the curriculum allows students to apply their studies to real-life contexts. More than 95% of students graduating with this degree find employment or continue their education within six months after graduation.

Rank 8
Maryville University of Saint Louis
Saint Louis, MO

The Bachelor of Science in Finance degree from Maryville University of Saint Louis blends finance insights with key marketing and management skills to give students a broad perspective on driving organizational success. The program starts with a strong core of business skills and then builds on that foundation with advanced coursework in financial theory, covering topics such as financial institutions, securities and investments, money and banking, portfolio management, and more. There are also a number of electives available to allow students to develop additional skills in marketing or even prepare to take the Securities Industry Essentials (SIE) Exam.

Rank 9
Purdue University Global
West Lafayette, IN

The Bachelor of Science in Finance from Purdue University Global is an online finance degree program that helps students acquire technical knowledge in areas such as fiscal planning, corporate finance, banking, real estate, economic markets, and investment management. The program provides students with rigorous training, including assignments, reports, presentations, and group projects, to help them gain an understanding of factors that influence financial decision making and prepare them to find solutions to real-life financial situations.

Rank 10
Cambridge College
Boston, MA

The Bachelor of Science in Business Administration with a concentration in Banking degree program from Cambridge College is an online program that prepares students for a career in the banking industry. The program focuses on providing students with the theoretical and technical knowledge necessary to be successful in the banking industry. The program is delivered 100% online and is led by a distinguished faculty with experience in a variety of industry topics. Upon completion of the program, students will have a working understanding of principles of banking, consumer credit, contemporary regulatory issues, and principles of financial services.

What to Expect From an Online Bachelor’s in Banking Program

Banking programs at the bachelor’s level provide students with a broad overview of the banking industry. The coursework covers topics such as financial analysis, accounting, and risk management. Students also learn about banking regulations, ethics, and compliance.

Most programs require between 120 and 130 credits for graduation. In addition to major coursework, students must complete general education classes in areas like English, math, and history. Some programs also require an internship.

Banking programs typically do not offer concentrations. However, students may be able to choose electives that align with their specific interests. For example, some schools offer courses in real estate or investments.

To succeed in an online banking program, students need to be able to handle a large volume of coursework. They should also be comfortable with math and have strong analytical skills.

Common Banking Courses

Banking degree programs typically offer a mix of business, economics and finance courses. The following is a sampling of common courses found in a banking degree program.

Macroeconomics

This course covers the principles of macroeconomics with an emphasis on their applications to banking and financial institutions. Topics include economic growth and fluctuations, inflation, unemployment, monetary and fiscal policy, and international trade and finance. Upon completion, students should be able to analyze the effects of economic policies on banking and financial institutions and make recommendations for changes in policy.

Financial Modeling

This course covers the creation of financial models and their use in valuation, investment analysis, and decision making. Topics include model building, assumptions, inputs, outputs, sensitivity analysis, and model documentation. Emphasis is placed on the application of financial modeling concepts to real-world problems. Upon completion, students should be able to build and interpret financial models to support business decision making.

Banking Regulation

This course covers the laws, regulations, and policies governing the banking industry. Topics include the history and organization of the banking industry, the role of the Federal Reserve System, the banking business, and the regulation of banks and bank holding companies. Upon completion, students should be able to explain the organization and operation of the banking industry and the role of the Federal Reserve System, describe the banking business and the types of banks, and discuss the major laws and regulations governing banks and bank holding companies.

Principles of Banking

This course covers the fundamental principles and practices of the banking industry. Topics include the history of banking, the organization and operation of commercial banks, the role of the Federal Reserve System, banking regulations, and the services offered by banks. Upon completion, students should be able to explain the role of the banking system in the economy and describe the major services offered by banks.

Finance Law

This course covers the legal and regulatory framework of the financial services industry with an emphasis on banking. Topics include the role of financial institutions in the economy, the organization and operation of the Federal Reserve System, the regulation of depository institutions, consumer protection, and the role of technology in the banking industry. Upon completion, students should be able to explain the organization and operation of the Federal Reserve System and its impact on the banking industry, apply the legal and regulatory framework of the financial services industry to banking situations, and identify and describe consumer protection laws and regulations applicable to the banking industry.

Career Options for Banking Graduates

Graduates of banking programs work in a variety of industries, including banking, finance, and accounting. They may also work in fields such as investment banking, financial planning, and insurance.

Bank Manager

Bank managers are responsible for the overall operation and performance of a bank branch. This includes ensuring that the branch meets all regulatory requirements, developing and implementing sales goals, overseeing the teller staff and customer service representatives, and handling customer complaints. Bank managers also develop relationships with customers and business leaders in the community to generate new business for the bank.

Investment Banker

Investment bankers help companies and governments raise money by issuing and selling securities. They work in the securities industry. Investment bankers typically work for investment banks, large commercial banks, or large securities firms. They work with companies that want to raise money by issuing and selling securities. Investment bankers typically work with companies that want to raise money by issuing and selling securities. Investment bankers typically work with companies that want to raise money in one of two ways: by issuing debt securities or by issuing equity securities.

Loan Officer

Loan officers work with individuals and businesses to determine whether they qualify for a loan and, if so, how much they can borrow. Loan officers typically work for banks, credit unions, and other financial institutions, but they can also work for the government or in the private sector. They typically have a bachelor’s degree in business, finance, or a related field. Loan officers must be able to understand and explain complex financial information to potential borrowers and must be comfortable discussing sensitive personal information, such as income and credit history.

Compliance Officer

Compliance officers make sure that their company or organization is following all the rules. They develop and implement policies and procedures to ensure that the company is adhering to regulations set by governing bodies, such as the Securities and Exchange Commission (SEC) or the Food and Drug Administration (FDA). Depending on the size and scope of the organization, compliance officers might have a team of analysts working under them. They typically report to the chief compliance officer, the general counsel, or the CEO.

Risk Manager

Risk managers are responsible for identifying, assessing, and managing the risks faced by their organization. This can involve anything from developing policies to protect against cyberattacks to overseeing the safety of employees at a construction site. Risk managers typically work in the insurance industry, but they can also be found in a variety of other industries, including banking, healthcare, and manufacturing.

Insights From a Banking Graduate

Aubree Sawyer is a Loan Officer at Chase Bank. She has a bachelor’s degree in banking from the University of Colorado. Aubree has over 3 years of experience in the banking industry.

ClimbtheLadder: What were the biggest takeaway(s) you got from your Banking program that you may not have gotten otherwise?

Aubree Sawyer: I would say the biggest takeaway from my banking program was the importance of building relationships. In the banking industry, a lot of what you do is based on relationships. If you have a good relationship with your customers, they are more likely to do business with you and refer you to other people.

I also learned a lot about different types of loans and how to underwrite them. This was helpful because it gave me a better understanding of the products that I was selling.

ClimbtheLadder: What are the most rewarding aspects of your career? What are the most challenging aspects of your career?

Aubree Sawyer: The most rewarding aspect of my career is being able to help people achieve their financial goals. I feel like I am really making a difference in people’s lives when I am able to help them get a loan for a new home or a new car. The most challenging aspect of my career is dealing with difficult customers. I have to be very patient and understand that not everyone is going to be happy with the outcome of their loan.

ClimbtheLadder: What was the most challenging course you took? What advice would you give to students who are about to start this course?

Aubree Sawyer: The most challenging course I took was commercial lending. The reason this course was so challenging is because it is very math heavy. My advice for students who are about to start this course is to make sure you are comfortable with math and are able to do calculations quickly in your head.

You will also need to be able to understand financial statements. If you can do these things, you will be successful in the course.

Previous

Best Online Art Degree Programs of 2022

Back to Education
Next

Best Electronics Engineering Technology Degree Programs of 2022