Analysis
Northern Arizona University's finance program delivers solid outcomes nationally but lags behind what you'd expect in Arizona. At $53,962 in first-year earnings, graduates earn close to the national median but fall $9,000 below Arizona's medianβplacing this program in just the 40th percentile statewide. When U of A and ASU graduates start at $63,000-$66,000, that gap matters for students staying in-state.
The debt situation offers some relief: at $20,594, it's lighter than the national median and translates to a manageable 0.38 debt-to-earnings ratio. Graduates should be able to handle loan payments without excessive strain. The 15% earnings bump to $62,091 after four years shows reasonable career progression, though it doesn't close the gap with Arizona's top programs.
The practical question comes down to cost. If your child qualifies for in-state tuition and keeps borrowing modest, this program works as an affordable entry point into finance careers. But if competing offers from ASU or U of A come with similar net costs, those programs deliver meaningfully stronger early earnings. The 91% admission rate suggests NAU is accessible, but that same accessibility hasn't translated into the earning power Arizona's competitive finance job market typically rewards.
Where Northern Arizona University Stands
Earnings vs. debt across all finance and financial management services bachelors's programs nationally
Earnings Distribution
How Northern Arizona University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Northern Arizona University | $53,962 | $62,091 | +15% |
| University of Arizona | $66,427 | $84,392 | +27% |
| Arizona State University Campus Immersion | $63,054 | $75,397 | +20% |
| Grand Canyon University | $53,853 | $71,406 | +33% |
| University of Phoenix-Arizona | $70,963 | $59,017 | -17% |
Compare to Similar Programs in Arizona
Finance and Financial Management Services bachelors's programs at peer institutions in Arizona (5 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $12,652 | $53,962 | $62,091 | $20,594 | 0.38 | |
| $9,552 | $70,963 | $59,017 | $48,469 | 0.68 | |
| $13,626 | $66,427 | $84,392 | $20,628 | 0.31 | |
| $12,051 | $63,054 | $75,397 | $18,000 | 0.29 | |
| $17,450 | $53,853 | $71,406 | $27,000 | 0.50 | |
| National Median | β | $53,590 | β | $23,332 | 0.44 |
Career Paths
Occupations commonly associated with finance and financial management services graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Personal Financial Advisors
Financial and Investment Analysts
Financial Risk Specialists
Budget Analysts
Business Teachers, Postsecondary
Insurance Underwriters
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Northern Arizona University, approximately 30% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Sample Size: Based on 180 graduates with reported earnings and 182 graduates with debt data. Small samples may not be representative.