Finance is a subject concerned with the allocation of assets and liabilities under conditions of risk or uncertainty. Basically, finance can be defined as the science of money management. It helps the students to develop skills related to finance and economics.
Features of Finance are:
Students learn the principles of finance.
Financial management and investment skills are enhanced.
Organization leadership skills are built.
Students learn the global trends existing in the market.
Finance offers various degrees respectively, with different specializations.
An Associate's Degree in Finance provides the foundation and basic skills in Finance. The duration of the degree is 2 years. Some of the subjects studied in the degree are Economics, Finance principles, Accounting and many others.
A Bachelor’s Degree in Finance would help the student to qualify for many entry-level jobs in the field of finance as this program establishes a foundation of money management in that individual. This is an undergraduate program which generally requires 4 years for completion. Some of the subjects studied in the degree are Money and Banking, Economics, General Accounting and Public Speaking to name a few.
A Master’s Degree in Finance would help the candidate to be prepared for management and administrative roles in the field of finance. This program generally requires 1-2 years for completion. Some of the subjects studied in the degree are Marketing, Entrepreneurship, Accounting, Management and many others.
A Doctoral Degree in Finance focuses on research. If you're aiming to be a business leader and get a topmost position in an organization, you should enroll in this degree. Some of the research topics which are included in the curriculum are Market Innovation and Analysis, Decision making and many others. The duration of the course varies.
Some of the specializations offered in Finance are Global Finance, Risk Management, Real Estate, Portfolio Management and Real Estate.
Various professions to choose in Business management are Chartered Certified Accountant, Chartered Management Accountant, Chartered public finance accountant, Company secretary, Forensic accountant, Stockbroker, Financial Analyst and many others.
Finance is a career field which requires an individual to possess skills in economics, mathematics, and financial theory as the candidate will be mostly dealing with numbers and its management. The course must be chosen if you're good with money management.