Finance and Financial Management Services at Western Connecticut State University
Bachelor's Degree
wcsu.eduAnalysis
Western Connecticut State's finance program starts at an earnings disadvantage but demonstrates the strongest growth trajectory in Connecticut. Graduates begin at $46,470—about $10,000 below the state median—but reach $68,063 by year four, essentially matching UConn's first-year outcomes through that 47% earnings jump. This catch-up pattern suggests graduates either need time to land their first finance roles or move from entry-level positions into higher-paying opportunities.
The relative weakness shows clearly in state rankings: this program sits at just the 25th percentile among Connecticut's 16 finance programs. That means three-quarters of competing programs deliver stronger early earnings, with all five UConn campuses starting graduates near $67,000. The $22,000 debt load is reasonable—slightly below both state and national medians—but when paired with that weak first-year salary, it creates a higher-than-ideal starting burden with a 0.47 debt-to-earnings ratio.
For families comfortable with a slower launch, the strong mid-career growth offers promise. But students targeting competitive finance roles should understand they'll likely start behind peers from higher-ranked Connecticut programs, and success depends heavily on navigating that critical first few years after graduation. If immediate earning power matters for loan repayment, stronger alternatives exist in-state.
Where Western Connecticut State University Stands
Earnings vs. debt across all finance and financial management services bachelors's programs nationally
Earnings Distribution
How Western Connecticut State 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 |
|---|---|---|---|
| Western Connecticut State University | $46,470 | $68,063 | +46% |
| Fairfield University | $62,952 | $98,540 | +57% |
| University of Connecticut-Waterbury Campus | $67,009 | $87,592 | +31% |
| University of Connecticut | $67,009 | $87,592 | +31% |
| University of Connecticut-Avery Point | $67,009 | $87,592 | +31% |
Compare to Similar Programs in Connecticut
Finance and Financial Management Services bachelors's programs at peer institutions in Connecticut (16 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $12,763 | $46,470 | $68,063 | $22,000 | 0.47 | |
| $17,472 | $67,009 | $87,592 | $20,399 | 0.30 | |
| $17,462 | $67,009 | $87,592 | $20,399 | 0.30 | |
| $20,366 | $67,009 | $87,592 | $20,399 | 0.30 | |
| $17,462 | $67,009 | $87,592 | $20,399 | 0.30 | |
| $17,452 | $67,009 | $87,592 | $20,399 | 0.30 | |
| National Median | — | $53,590 | — | $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 Western Connecticut State University, approximately 35% 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 39 graduates with reported earnings and 36 graduates with debt data. Small samples may not be representative.