by our College Data Analytics TeamWe've pulled together some essential information you should know about the program, including how many students graduate each year, the ethnic diversity of these students, average starting salaries, and more. We've also included details on how Texas Tech ranks compared to other colleges offering a major in finance.
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Texas Tech is in the top 10% of the country for finance. More specifically it was ranked #44 out of 531 schools by College Factual. It is also ranked #4 in Texas.
During the 2021-2022 academic year, Texas Tech University handed out 274 bachelor's degrees in finance & financial management. This is an increase of 21% over the previous year when 226 degrees were handed out.
In 2022, 23 students received their master’s degree in finance from Texas Tech. This makes it the #62 most popular school for finance master’s degree candidates in the country.
In addition, 5 students received their doctoral degrees in finance in 2022, making the school the #2 most popular school in the United States for this category of students.
The median salary of finance students who receive their bachelor's degree at Texas Tech is $58,535. This is great news for graduates of the program, since this figure is higher than the national average of $53,649 for all finance bachelor's degree recipients.
While getting their bachelor's degree at Texas Tech, finance students borrow a median amount of $31,020 in student loans. This is not too bad considering that the median debt load of all finance bachelor's degree recipients across the country is $34,962.
The typical student loan payment of a bachelor's degree student from the finance program at Texas Tech is $246 per month.
Learn about other programs related to Finance & Financial Management that might interest you.
Managing and quantifying money is at the heart of the online bachelor's degree in finance at SNHU. You'll learn the fundamentals of investments, address key managerial issues, examine ethics from every angle and build the skillset to be a player in the multidimensional business marketplace.
Prepare to advance your current career in finance with Southern New Hampshire University's online Master's in Finance degree program.
In 2022-2023, the average part-time undergraduate tuition at Texas Tech was $718 per credit hour for out-of-state students. The average for in-state students was $298 per credit hour. The following table shows the average full-time tuition and fees for undergraduates.
| In State | Out of State | |
|---|---|---|
| Tuition | $8,935 | $21,534 |
| Fees | $2,917 | $2,917 |
| Books and Supplies | $1,200 | $1,200 |
| On Campus Room and Board | $10,460 | $10,460 |
| On Campus Other Expenses | $4,510 | $4,510 |
Learn more about Texas Tech tuition and fees.
Of the 274 students who graduated with a Bachelor’s in finance from Texas Tech in 2022, 77% were men and 23% were women.
The majority of the students with this major are white. About 57% of 2022 graduates were in this category.
The following table and chart show the ethnic background for students who recently graduated from Texas Tech University with a bachelor's in finance.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 5 |
| Black or African American | 10 |
| Hispanic or Latino | 87 |
| White | 156 |
| Non-Resident Aliens | 5 |
| Other Races | 11 |
Texas Tech does not offer an online option for its finance bachelor’s degree program at this time. To see if the school offers distance learning options in other areas, visit the Texas Tech Online Learning page.
Graduates of the master's finance program at Texas Tech make a median salary of $69,066. This is less than what their typical peers from other schools make. Their median salary is $77,650.
The finance program at Texas Tech awarded 24 master's degrees in 2021-2022. About 88% of these degrees went to men with the other 13% going to women.
The majority of the students with this major are white. About 71% of 2022 graduates were in this category.
The following table and chart show the ethnic background for students who recently graduated from Texas Tech University with a master's in finance.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 1 |
| Black or African American | 0 |
| Hispanic or Latino | 3 |
| White | 17 |
| Non-Resident Aliens | 0 |
| Other Races | 3 |
Take a look at the following statistics related to the make-up of the finance majors at Texas Tech University.
| Related Major | Annual Graduates |
|---|---|
| Business Administration & Management | 500 |
| Marketing | 404 |
| Accounting | 351 |
| General Business/Commerce | 340 |
| Management Sciences & Quantitative Methods | 64 |
More about our data sources and methodologies.
