Massachusetts·Business and Financial Operations Occupations·SOC 13-2054

Best Financial Risk Specialist programs in Massachusetts, ranked by enrollment

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization.

47 schools in Massachusetts run programs that feed this job, graduating 4,099 people a year. The job pays a median of $130,400 in Massachusetts across about 1,440 jobs (BLS OEWS May 2025).

Also calledAnalystRisk AnalystRisk SpecialistSecurities AnalystBond AnalystRisk ManagerEstate ExecutorModel Risk Manager
Graduates / yr
4,099
in Massachusetts
Median pay · Massachusetts
$130,400
BLS OEWS May 2025
Jobs in state
1,440
people employed
Schools
47
with a feeder program
Avg graduation rate
59%
across those schools
Median net price
$24,848
per year, IPEDS

Fields of study in Massachusetts that lead to this job

Grouped at the 4-digit CIP level. Numbers are graduates per year in this state.

8 programs in Massachusetts that lead to this job

Ranked by graduates per year in Massachusetts (IPEDS completions). Graduate earnings and debt are national College Scorecard figures reported at the 4-digit CIP level, so specializations within one field share a figure. Each program also links to its own Massachusetts page.

Degree programs that lead to this occupation, ranked by graduates per year
#ProgramGraduates / yrShare of pipelineSchoolsGrad earnings (1 yr)Median debt
11,736
42.4%
27$53,572$23,672
21,266
30.9%
37$51,824$24,433
3740
18.1%
11$60,930$21,143
4168
4.1%
4$51,824$24,433
584
2.0%
4$53,572$23,672
665
1.6%
5$53,269$21,962
732
0.8%
5$62,069$23,500
88
0.2%
1$51,824$24,433

Top 25 schools in Massachusetts

Ranked by graduates per year into this job. Graduate earnings are reported for 15 of the 47 schools in this state.

Schools ranked by graduates per year into this occupation
#SchoolGraduates / yrTop feeder programGrad earnings (1 yr)Grad rateNet priceAcceptance
1University of Massachusetts - Amherst
Amherst, MA Public · 3 feeder programs
696Finance, General$68,92083%60%
2Bentley University
Waltham, MA Private not-for-profit · 6 feeder programs
618Finance, General$72,30987%$31,67745%
3Boston College
Chestnut Hill, MA Private not-for-profit · 3 feeder programs
477Finance, General$82,49591%$21,12616%
4Northeastern University
Boston, MA Private not-for-profit · 3 feeder programs
246Financial Mathematics91%$18,9255%
5Harvard University
Cambridge, MA Private not-for-profit · 3 feeder programs
180Finance, General98%$15,0134%
6Suffolk University
Boston, MA Private not-for-profit · 3 feeder programs
144Accounting$59,70461%$28,89582%
7Massachusetts Institute of Technology
Cambridge, MA Private not-for-profit · 1 feeder programs
137Financial Mathematics96%$11,6665%
8Merrimack College
North Andover, MA Private not-for-profit · 4 feeder programs
132Accounting70%$33,87770%
9University of Massachusetts - Dartmouth
North Dartmouth, MA Public · 2 feeder programs
125Accounting$48,58552%91%
10Boston University
Boston, MA Private not-for-profit · 2 feeder programs
118Financial Mathematics89%$21,95611%
11Bridgewater State University
Bridgewater, MA Public · 2 feeder programs
100Accounting and Finance$54,22153%88%
12Stonehill College
Easton, MA Private not-for-profit · 2 feeder programs
91Finance, General$58,83276%$24,00066%
13Babson College
Wellesley, MA Private not-for-profit · 1 feeder programs
88Financial Mathematics93%$30,32617%
14Fitchburg State University
Fitchburg, MA Public · 2 feeder programs
83Accounting55%87%
15Salem State University
Salem, MA Public · 3 feeder programs
73Accounting50%96%
16Hult International Business School
Cambridge, MA Private not-for-profit · 1 feeder programs
68Finance, General67%$42,98160%
17Nichols College
Dudley, MA Private not-for-profit · 4 feeder programs
67Accounting$53,76163%$29,71881%
18Western New England University
Springfield, MA Private not-for-profit · 3 feeder programs
67Finance, General$54,47464%$29,32783%
19University of Massachusetts - Lowell
Lowell, MA Public · 3 feeder programs
54Accounting65%83%
20Brandeis University
Waltham, MA Private not-for-profit · 1 feeder programs
46Financial Mathematics86%$25,07440%
21Northeastern University Professional Programs
Boston, MA Private not-for-profit · 1 feeder programs
46Finance, General
22Westfield State University
Westfield, MA Public · 2 feeder programs
45Accounting54%81%
23Clark University
Worcester, MA Private not-for-profit · 1 feeder programs
43Financial Mathematics77%$23,33240%
24Endicott College
Beverly, MA Private not-for-profit · 2 feeder programs
43Finance, General$62,87876%$34,19571%
25Bunker Hill Community College
Boston, MA Public · 2 feeder programs
40Finance, General13%

All 47 schools in Massachusetts

Every school in Massachusetts with a program that feeds this job, ordered by graduates per year. Earnings are shown for the ranked schools above; open a school profile for the rest.

All schools in Massachusetts that feed this occupation
SchoolCityControlGraduates / yrFeeder programs
University of Massachusetts - AmherstAmherstPublic6963
Bentley UniversityWalthamPrivate not-for-profit6186
Boston CollegeChestnut HillPrivate not-for-profit4773
Northeastern UniversityBostonPrivate not-for-profit2463
Harvard UniversityCambridgePrivate not-for-profit1803
Suffolk UniversityBostonPrivate not-for-profit1443
Massachusetts Institute of TechnologyCambridgePrivate not-for-profit1371
Merrimack CollegeNorth AndoverPrivate not-for-profit1324
University of Massachusetts - DartmouthNorth DartmouthPublic1252
Boston UniversityBostonPrivate not-for-profit1182
Bridgewater State UniversityBridgewaterPublic1002
Stonehill CollegeEastonPrivate not-for-profit912
Babson CollegeWellesleyPrivate not-for-profit881
Fitchburg State UniversityFitchburgPublic832
Salem State UniversitySalemPublic733

What financial risk specialists earn in Massachusetts

What people already working in this job earn (BLS OEWS May 2025). Not graduate earnings.

Median annual in Massachusetts
$130,400
Mean annual
$131,690
Jobs in state
1,440
What the range looks like
10th pct$71,390Median$130,40090th pct$209,200
Versus the national median
+11.1%

U.S. median $117,330. Massachusetts pays above the national figure.

Job concentration
0.96×

1.00× means the state has its expected share of these jobs.

Metro areas in Massachusetts

Boston-Cambridge-Newton, MA-NH
$132,580median
1,120 jobs
Worcester, MA
$92,670median
50 jobs

Job outlook

Bureau of Labor Statistics Employment Projections, 2024 to 2034.

Projected growth 2024–34
+6.5%
Faster than average
Openings per year
4,800
new jobs plus replacements
Employment change
3,900
60,500 → 64,400
Typical entry education
Bachelor's degree

Growth and openings are national. The Bureau of Labor Statistics does not publish employment projections at state level, so these figures describe the occupation across the whole U.S., not this state alone.

How to get in

The full skills, tools, and day-to-day breakdown lives on the national Financial Risk Specialists page.

How to become a Financial Risk Specialist

Job zone 4 of 5 · SVP 7.0 to < 8.0
Typical entry education
Bachelor's degree

Most of these occupations require a four-year bachelor's degree, but some do not.

A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

The same job in other states

Where else this occupation employs the most people, and what it pays there.

Related careers in Massachusetts

Every major mapped to this job

The official federal mapping behind the rankings above.

All 12 majors mapped to Financial Risk Specialists12 of them graduated someone in the latest IPEDS year. NCES CIP 2020 → SOC 2018 crosswalk.+
  • 27.0305Financial Mathematics
  • 52.0215Risk Management
  • 52.0301Accounting
  • 52.0304Accounting and Finance
  • 52.0305Accounting and Business/Management
  • 52.0601Business/Managerial Economics
  • 52.0801Finance, General
  • 52.0806International Finance
  • 52.0807Investments and Securities
  • 52.0808Public Finance
  • 52.0810Financial Risk Management
  • 52.1304Actuarial Science

Common questions

Answers for people weighing financial risk specialists programs in Massachusetts.

What degree do you need to become a Financial Risk Specialist?+

Bachelor's degree is the typical entry-level education BLS reports for this occupation. The most common program people actually graduate from is Finance, General, which awarded 1,736 degrees in Massachusetts in 2024-25, 42.4% of everyone graduating from a program that feeds this career.

Which college majors lead to becoming a Financial Risk Specialist?+

The NCES CIP-to-SOC crosswalk maps 8 programs to this occupation. The largest are Finance and Financial Management Services, Accounting and Related Services, Applied Mathematics, Business/Managerial Economics, plus 1 more. Together they graduate about 4,099 people a year in Massachusetts.

How much do financial risk specialists earn in Massachusetts?+

The median is $130,400 a year (BLS OEWS May 2025). That is 11.1% above the U.S. median of $117,330. This is pay for people already working in the occupation, not the same thing as graduate earnings one year after finishing a degree.

Is demand for financial risk specialists growing?+

BLS projects a +6.5% change in employment between 2024 and 2034, faster than average, with roughly 4,800 openings a year nationally once retirements and job changes are counted.

How many schools offer programs for this career in Massachusetts?+

47 institutions in Massachusetts reported graduates from at least one of the 8 programs that feed this occupation in IPEDS 2024-25. Rankings on this page use graduates per year, because the federal data publishes no enrollment count by program.

What other job titles do financial risk specialists work under?+

Employers advertise this work under many names. O*NET records Analyst, Risk Analyst, Risk Specialist, Securities Analyst among the most commonly reported, all mapping to SOC 13-2054.

Financial Risk Specialists in other statesTexasNew YorkFloridaPennsylvaniaOhioNorth CarolinaIllinoisUtah

About the data on this page

Rankings use IPEDS completions 2024–25, degrees awarded per year. That is the closest federal measure of how many people a program puts into a career, because no federal dataset publishes enrollment by program. Wages and employment come from BLS OEWS May 2025, growth and openings from BLS Employment Projections 2024-34, and which majors lead to which jobs from the NCES CIP 2020 to SOC 2018 crosswalk. Occupation descriptions, tasks, skills and tools are O*NET 30.3 (CC BY 4.0, U.S. Department of Labor/ETA).

  • BLS Occupational Employment & Wage Statistics

    May 2025

    Wages, employment counts, location quotients and metro breakdowns.

  • BLS Employment Projections

    2024–34

    Projected growth, annual openings and typical entry-level education.

  • IPEDS Completions

    2024-25 (provisional)

    Graduates per year by program and institution — the ranking metric.

  • College Scorecard, Field of Study

    2020-21 cohorts

    Median graduate earnings one year after completion, and median debt.

  • Census Post-Secondary Employment Outcomes

    latest available

    Graduate earnings 1/5/10 years out, where the state participates.

  • NCES CIP 2020 and the CIP-to-SOC 2018 crosswalk

    CIP 2020 / SOC 2018

    Which college programs officially lead to this occupation.

  • O*NET Database 30.3

    30.3

    Tasks, skills, knowledge, tools, job zone and alternate job titles.

    Official source →CC BY 4.0, U.S. Department of Labor / ETA

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