Most financial professionals get at least one professional certification. Set the stage for getting professional certifications.Whether you want to work on Wall Street, for the SEC, or a financial planning consultancy, a finance degree will give you the foundational knowledge you need to start your career. A minimum of a bachelor’s degree is required for nearly all finance professions. Through coursework you’ll also gain much needed soft skills like collaboration, verbal and written communication, and adaptability. Unlike more general degrees, like business administration, finance teaches you in-demand skills in areas including data analytics, risk management, capital allocation, and investment strategy. Master skills that prepare you for real-world job responsibilities.Here are five real benefits of getting your finance degree: That’s why getting a finance degree is extremely valuable.
But do you know how to find them? Remove the guesswork by downloading this free guide.įive Key Benefits of Getting a Degree in Financeįinance is a high-stakes industry-individuals and corporations won’t trust their financial future to just anyone. When it comes to paying for school, grants are among your best options. If you want to focus your career on increasing the financial health of individuals, companies or financial institutions, a degree in financial planning or management can prepare you for success.
Knowing which career path is right for you is critical in getting the full value of a finance degree.
This degree prepares you to become a CPA, which can work in any number of settings from corporate to government and private practice. in Accounting:A degree in accounting focuses on the accountability side of finance, teaching you the ins-and-outs of financial reporting, taxation, auditing, and financial management. Professionals with a financial management degree focus in areas like financial analysis and forecasting, portfolio management, cash management, international finance, and risk management. in Financial Management: A degree in financial management prepares you to analyze the financial health of financial institutions and businesses, helping them improve financial performance and increase profitability. Professionals with a financial planning degree usually become personal financial planners who either holistically manage finances, or specialize in an area like investment strategy, estate planning, retirement savings, healthcare planning or income planning. in Financial Planning: A degree in financial planning prepares you to help individuals and small businesses manage their assets and plan for their financial future. These are three of the leading bachelor’s degrees in the finance field. Where they differ is in their major courses, which allow for additional specialization within the field of finance. Many of these degrees have similar foundational business courses in areas like accounting, business law, management, and economics. There are multiple undergraduate degrees that fall under the category of finance. Which Type of Degree Will Get You Where You Want To Go? This article will break down the different types of finance degrees and jobs, making it easier for you to decide if a finance degree is worth it. But do you really need a finance degree to succeed, or will any degree do? If you choose to pursue a degree in finance, how do you know which one is right? It depends on the career you want-now and in the long term. It also promotes intense competition.įor individuals with the right training and education, there is a multitude of rewarding career paths.
gross domestic product (GDP).Īs such a large part of our economy, the finance industry creates high demand for jobs. In 2018, these sectors combined to form 7.4%, or $1.5 trillion, of the U.S. The fast-paced finance industry includes everything from banking and asset management to insurance, venture capital, and private equity. Finance and Accounting Financial Management Financial Planning Careers