Median Earnings (1yr)
$85,944
95th percentile
Median Debt
$19,500
16% below national median

Analysis

Wake Forest finance graduates earn $85,944 in their first yearβ€”66% above the national median and significantly more than graduates from UNC-Charlotte or Appalachian State. By year four, earnings climb to $113,398, placing this program at the top of North Carolina's finance programs and the 95th percentile nationally. The $19,500 in typical debt represents just three months of first-year salary, creating one of the strongest debt-to-earnings ratios you'll find at a selective private university.

The graduation debt here runs slightly above the national median for finance programs, but context matters: Wake Forest students are accessing elite-level outcomes (earning roughly what Duke and UNC Chapel Hill finance graduates earn) while borrowing far less than peers at many comparable institutions. The 32% earnings growth from year one to year four suggests graduates are advancing into higher-level roles rather than plateauing early.

The tradeoff is clear: you're paying for Wake Forest's selective admissions and brand, but the program delivers measurably better career outcomes than state schools. For families who can manage the debt loadβ€”and especially for those comparing against other private universitiesβ€”this represents strong value in a field where your first employer and early salary trajectory matter considerably.

Where Wake Forest University Stands

Earnings vs. debt across all finance and financial management services bachelors's programs nationally

Earnings Distribution

How Wake Forest University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Wake Forest University$85,944$113,398+32%
Elon University$66,614$87,590+31%
Appalachian State University$52,004$69,084+33%
Campbell University$60,445$67,345+11%
University of North Carolina at Charlotte$51,628$65,028+26%

Compare to Similar Programs in North Carolina

Finance and Financial Management Services bachelors's programs at peer institutions in North Carolina (19 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Wake Forest UniversityWinston-Salem$64,758$85,944$113,398$19,5000.23
Elon UniversityElon$44,536$66,614$87,590$19,5000.29
Campbell UniversityBuies Creek$40,410$60,445$67,345$25,0000.41
Appalachian State UniversityBoone$7,541$52,004$69,084$21,2670.41
University of North Carolina at CharlotteCharlotte$7,214$51,628$65,028$22,4000.43
East Carolina UniversityGreenville$7,361$51,501$64,191$23,1420.45
National Medianβ€”$53,590β€”$23,3320.44

Career Paths

Occupations commonly associated with finance and financial management services graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Chief Executives

Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

$105,350/yrJobs growth:Bachelor's degree

Chief Sustainability Officers

Communicate and coordinate with management, shareholders, customers, and employees to address sustainability issues. Enact or oversee a corporate sustainability strategy.

$105,350/yrJobs growth:Bachelor's degree

General and Operations Managers

Plan, direct, or coordinate the operations of public or private sector organizations, overseeing multiple departments or locations. Duties and responsibilities include formulating policies, managing daily operations, and planning the use of materials and human resources, but are too diverse and general in nature to be classified in any one functional area of management or administration, such as personnel, purchasing, or administrative services. Usually manage through subordinate supervisors. Excludes First-Line Supervisors.

$105,350/yrJobs growth:Bachelor's degree

Personal Financial Advisors

Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. May also buy and sell financial assets for clients.

$102,140/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

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

$101,910/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Insurance Underwriters

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

$79,880/yrJobs growth:Bachelor's degree
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 Wake Forest University, approximately 9% 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 50 graduates with reported earnings and 44 graduates with debt data. Small samples may not be representative.