Best Finance Classes in Boston
There are various reasons why an individual may want to learn finance in Boston. The city is home to many prominent money managers and provides opportunities for internships, networking, and potential job placements.
Top universities in Boston, like Harvard, MIT, and Boston University, boast strong finance programs. Individuals are presented with high-quality education and resources in finance-related fields. The city hosts many finance-related events, conferences, and seminars so individuals can network with professionals in the field.
Boston is also close to other major financial centers like New York City. This makes it convenient for individuals to access financial job opportunities and events in other cities nearby. Learning finance in Boston allows individuals to kickstart their finance careers.
Best Finance Classes & Schools in Boston
There are several finance-related classes for individuals in Boston, both in-person and live online.
One school offering live online courses is NYC Career Centers. Career Center’s Financial Modeling Bootcamp provides three sessions for $995. Individuals learn to build financial models and learn corporate finance and accounting principles. Individuals ages 18 and older build a comprehensive Discounted Cash Flow model and dive into advanced Excel, learning essential functions for finance. The course allows free retakes within six months of enrollment.
For those who prefer to learn in person, Quality and Productivity Solutions, Inc. offers PMI-Risk Management Professional. The class is located in Marlborough at 29 Lord Road, Ste 205 at Elm Street, and is geared toward individuals aged 18 and older. Individuals learn fundamentals, processes, tools, and techniques in risk management to prepare for the PMI Risk Management Professional Exam. The course measures individuals’ knowledge at every step with several practice exams and questions.
Another school offering online courses is Noble Desktop. Noble’s Intro to Financial Accounting course is $325 and open to beginners. Individuals learn financial accounting fundamentals, income statement line items and financial metrics, balance sheets, cash flow statements, and how statements tie together.
Boston Industries That Use Finance
Several major industries in Boston use finance, including financial services, higher education, healthcare and biotechnology, technology and innovation, and legal and compliance services. Education and health services make up the largest sector in the Boston-Cambridge-Nashua, MA-NH metro area. The area relies heavily on finance for various operations and is a major financial and economic hub.
There are several financial services companies in Boston, including banks, investment firms, asset management companies, and insurance providers. Several major financial institutions, like State Street Corporation, Fidelity Investments, and John Hancock, are in the city.
Boston is also home to several world-class universities, such as Harvard, MIT, and Boston University, which manage substantial endowments requiring skilled financial management.
The technology industry is a thriving sector that contributes significantly to the city’s economy. This includes startups, research institutions, biotechnology and life sciences, healthcare and health-tech, AI and machine learning, cybersecurity, and many others.
Finance Jobs & Salaries in Boston
Because Boston is such a significant financial hub in the U.S., several kinds of finance jobs are available. Individuals can find careers as an Investment Banking Analyst, Asset Manager, Financial Analyst, Private Equity Professional, or Commercial Banker. Salaries for these positions range from around $60,000 to $300,000+ annually. Top financial services companies in Boston include Capital One, BlueSnap, Forward Financing, and Stride Funding.
Investment Banking Analysts make between $85,000 and $110,000 annually, and year-end bonuses often increase total compensation. They are responsible for conducting financial analysis, assisting in due diligence processes for mergers, helping senior bankers prepare pitch books to attract new clients, and building and updating complex economic models to support investment decisions.
There are many asset management firms and investment companies in Boston. Asset Managers make between $60,000 and $300,000+ annually and manage various types of assets, like equities, fixed income, real estate, and alternative investments. They should have strong financial analysis skills and a deep understanding of financial markets.
Commercial Bankers make between $50,000 and $200,000 annually. Larger and more prestigious financial institutions may offer higher salaries, and those specializing in certain industries may earn higher compensation. Commercial Bankers work with large and small businesses to provide banking and financial needs.
