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

Best Financial Risk Specialist programs in Minnesota, ranked by enrollment

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

51 schools in Minnesota run programs that feed this job, graduating 2,394 people a year. The job pays a median of $105,420 in Minnesota across about 1,190 jobs (BLS OEWS May 2025).

Also calledAnalystRisk AnalystRisk SpecialistSecurities AnalystBond AnalystRisk ManagerEstate ExecutorModel Risk Manager
Graduates / yr
2,394
in Minnesota
Median pay · Minnesota
$105,420
BLS OEWS May 2025
Jobs in state
1,190
people employed
Schools
51
with a feeder program
Avg graduation rate
51%
across those schools
Median net price
$21,607
per year, IPEDS

Fields of study in Minnesota that lead to this job

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

6 programs in Minnesota that lead to this job

Ranked by graduates per year in Minnesota (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 Minnesota page.

Degree programs that lead to this occupation, ranked by graduates per year
#ProgramGraduates / yrShare of pipelineSchoolsGrad earnings (1 yr)Median debt
1
CIP 52.0301In Minnesota
1,313
54.8%
48$51,824$24,433
2
CIP 52.0801In Minnesota
944
39.4%
26$53,572$23,672
3
CIP 27.0305In Minnesota
94
3.9%
2$60,930$21,143
4
CIP 52.1304In Minnesota
30
1.3%
3$62,069$23,500
5
CIP 52.0304In Minnesota
12
0.5%
3$51,824$24,433
6
CIP 52.0305In Minnesota
1
0.0%
1$51,824$24,433

Top 25 schools in Minnesota

Ranked by graduates per year into this job. Graduate earnings are reported for 29 of the 51 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 Minnesota - Twin Cities
Minneapolis, MN Public · 3 feeder programs
482Finance, General$69,09485%80%
2Minnesota State University - Mankato
Mankato, MN Public · 2 feeder programs
273Accounting$60,57354%88%
3University of St Thomas
Saint Paul, MN Private not-for-profit · 3 feeder programs
209Finance, General$66,00676%$28,88885%
4Capella University
Minneapolis, MN Private for-profit · 2 feeder programs
132Accounting$57,20120%$19,369
5University of Minnesota - Duluth
Duluth, MN Public · 2 feeder programs
117Finance, General$51,95365%89%
6Metropolitan State University
Saint Paul, MN Public · 2 feeder programs
97Accounting$54,13744%99%
7Saint Cloud State University
Saint Cloud, MN Public · 2 feeder programs
72Accounting$58,49740%95%
8University of Minnesota - Crookston
Crookston, MN Public · 2 feeder programs
70Accounting$56,62750%88%
9Winona State University
Winona, MN Public · 2 feeder programs
60Accounting$55,89857%75%
10Bemidji State University
Bemidji, MN Public · 1 feeder programs
58Accounting$58,44648%56%
11Saint Johns University
Collegeville, MN Private not-for-profit · 2 feeder programs
55Accounting$61,13575%$19,90091%
12Rasmussen University - Minnesota
St. Cloud, MN Private for-profit · 2 feeder programs
43Accounting$47,50653%$19,944
13Minnesota State University Moorhead
Moorhead, MN Public · 3 feeder programs
41Finance, General$48,12157%59%
14Augsburg University
Minneapolis, MN Private not-for-profit · 2 feeder programs
39Finance, General$63,59852%$23,58582%
15Century College
White Bear Lake, MN Public · 1 feeder programs
39Accounting$46,99631%
16Concordia College at Moorhead
Moorhead, MN Private not-for-profit · 3 feeder programs
39Finance, General$59,10461%$23,42563%
17Saint Mary's University of Minnesota
Winona, MN Private not-for-profit · 2 feeder programs
38Accounting$54,83366%$18,16393%
18Saint Paul College
Saint Paul, MN Public · 3 feeder programs
33Accounting40%
19Summit Academy Opportunities Industrialization Center
Minneapolis, MN Private not-for-profit · 1 feeder programs
31Finance, General64%$17,453
20Gustavus Adolphus College
Saint Peter, MN Private not-for-profit · 1 feeder programs
30Accounting$64,09477%$21,60761%
21Normandale Community College
Bloomington, MN Public · 1 feeder programs
28Accounting27%
22The College of Saint Scholastica
Duluth, MN Private not-for-profit · 2 feeder programs
28Finance, General$52,67771%$21,15093%
23University of Northwestern - St Paul
Saint Paul, MN Private not-for-profit · 2 feeder programs
28Accounting$62,60368%$23,11493%
24Minnesota State Community and Technical College
Fergus Falls, MN Public · 1 feeder programs
27Accounting$39,74247%
25Southwest Minnesota State University
Marshall, MN Public · 2 feeder programs
27Accounting45%62%

All 51 schools in Minnesota

Every school in Minnesota 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 Minnesota that feed this occupation
SchoolCityControlGraduates / yrFeeder programs
University of Minnesota - Twin CitiesMinneapolisPublic4823
Minnesota State University - MankatoMankatoPublic2732
University of St ThomasSaint PaulPrivate not-for-profit2093
Capella UniversityMinneapolisPrivate for-profit1322
University of Minnesota - DuluthDuluthPublic1172
Metropolitan State UniversitySaint PaulPublic972
Saint Cloud State UniversitySaint CloudPublic722
University of Minnesota - CrookstonCrookstonPublic702
Winona State UniversityWinonaPublic602
Bemidji State UniversityBemidjiPublic581
Saint Johns UniversityCollegevillePrivate not-for-profit552
Rasmussen University - MinnesotaSt. CloudPrivate for-profit432
Minnesota State University MoorheadMoorheadPublic413
Augsburg UniversityMinneapolisPrivate not-for-profit392
Century CollegeWhite Bear LakePublic391

What financial risk specialists earn in Minnesota

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

Median annual in Minnesota
$105,420
Mean annual
$113,470
Jobs in state
1,190
What the range looks like
10th pct$72,930Median$105,42090th pct$161,880
Versus the national median
-10.2%

U.S. median $117,330. Minnesota pays below the national figure.

Job concentration
0.98×

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

Metro areas in Minnesota

Minneapolis-St. Paul-Bloomington, MN-WI
$105,420median
940 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 Minnesota

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 Minnesota.

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 Accounting, which awarded 1,313 degrees in Minnesota in 2024-25, 54.8% 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 6 programs to this occupation. The largest are Accounting and Related Services, Finance and Financial Management Services, Applied Mathematics, Management Sciences and Quantitative Methods. Together they graduate about 2,394 people a year in Minnesota.

How much do financial risk specialists earn in Minnesota?+

The median is $105,420 a year (BLS OEWS May 2025). That is 10.2% below 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 Minnesota?+

51 institutions in Minnesota reported graduates from at least one of the 6 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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