Bachelor Degree in Finance
Finance is a career field that deals with the allocation of money and assets. A career in finance brings a welcome challenge to those who love numbers and analysis, problem solving and creative thinking, and budgets and planning. Finance allows you to utilize your skills in an effort to evaluate the financial standing of organizations and clients, and to assist them by making recommendations to help grow their financial security and avoid potential risks.
Information on a Bachelor Degree in Finance
There are many college options available to students today. While not all schools will have the same finance program guidelines, there are some standard classes that students can expect when they are attending school to acquire a bachelor degree in finance. Typical course studies that students should anticipate being in the curriculum are statistics, business finance, financial economics, international trade and policy, microeconomic theory, macroeconomic theory, applied econometrics and corporate finance.
Best Institutes Offering a Bachelor Degree in Finance
There are a multitude of college programs throughout the nation offering accredited college degrees in finance. In addition to courses available on campus, many colleges today offer online classes for students who require a flexible schedule. The top business schools in finance are the University of Pennsylvania, Wharton; University of Chicago, Booth; New York University, Stern; Columbia University, New York; Stanford University, Stanford; Massachusetts Institute of Technology, Sloan; Harvard University, Boston; Northwestern University, Kellogg; University of California-Berkeley, Haas; and University of California-Los Angeles, Anderson.
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Jobs Possible with a Bachelor Degree in Finance
A finance degree is a more defined focus than accounting. In many cases, financial accounting attends to the decision makers outside of an organization, such as the stock holders. There are many great career opportunities available to graduates with a bachelor degree in finance. At minimum, nearly all positions within the finance field will require a bachelor degree. Some of the positions available to graduates with a bachelor degree in finance are accountant, financial analyst, financial consultant, financial manager, commercial banker, corporate finance, investment banker, auditor, money manager, financial planner, loan officer, buyers, treasurers and budget analysts.
Finance Job Salary & Outlook
According to the United States Bureau of Labor and Statistics the average annual income for finance related positions is $99,330. Financial Analysts make an average of $73,150 per year. The finance industry is expected to increase by 8% between 2008 and 2018. Prospects for jobs are predicted to grow at a more accelerated rate than is normal in the next 10 years. Larger organizations frequently pay higher salaries than smaller organizations. Wages are also impacted by the type of industry as well as the location. There is a long term need for financial managers due to increasingly complex financial transactions and because of an incline in the number of investments.
A career in finance provides stability and variety for those seeking a challenging and fulfilling career in a secure and continuously growing field. With the many opportunities available in the finance industry there is significant room for advancement.