What Can You Do With A Finance Degree?

Students who are focused on acquiring how finance is the key to business succession will surely have to know in detail about the finance degree. Here is an article from which you can understand everything regarding the diversity of career choices that comes on your way with this degree.  

TCM Staff

5th September 2020

Students who are focused on acquiring how finance is the key to business succession including its management service will surely have to know in detail about the finance degree as in the scope of this course and the choices accessible for those who are graduated in it. So we would like to present to you an article from which you can understand everything regarding the diversity of career choices that comes to your way while having this degree.  


What is a Finance Degree?

It is a type of academic credentials given to the students who have earned a degree related to finance at a school or college. Typically, it is concerned with the supervision of money, certainly a subject of importance for all areas of society and business. If you pursue this subject, you will be qualified for a wide range of careers in any organization in the field of finance.

Types of finance degree

  • Associates Degree

  • Bachelor’s Degree

  • Master’s Degree

  • PhD

What can you learn from this degree? 

  • Students study the principles of economics

  • Students learn the global trends existing in the market

  • Organizational leadership skills are developed

  • Financial management and investment skills are heightened

  • Research and development skills are built.


What can you do with a Finance Degree?

There is a wide range of career opportunities for students with this degree. The average salary depends on the type of degree you pursue. A few of them are as follows. 

Associates Degree in Finance

Job Profile

Average Annual Income

Business Manager

$49250

Pricing Analyst

$55950

Account Manager

$53280

Senior Loan Processor

$52132

Property Representative

$43700

Source: Payscale


Bachelor’s Degree in Finance

Job Profile

Average Annual Income

Senior Investment Analyst

$85120

Banking Manager

$89950

Financial Analyst

$59750

Budget Analyst

$50265

Financial Advisor

$57920

Source: Payscale


Master’s Degree in Finance

Job Profile

Average Annual Income

Cost Analyst

$62430

Corporate Controller

$96440

Financial Controller

$81620

Senior Financial Analyst

$79310

Portfolio Manager

$84650

Source: Payscale


Ph.D. in Finance

Job Profile

Average Annual Income

Vice President of Finance

$135334

Chief Financial Officer

$130870

Finance Director

$111715

Senior Finance Manager

$118690

Financial Research Analyst

$61290

Source: Payscale


Alternate Career Choices

Job Opportunities

Average Annual Income

Marketing Specialist

$50300

Business Development Manager

$71700

Vendor Manager

$75400

Real Estate Analyst

$56000

Compliance Officer

$67600

Source: Payscale


Why Study Finance?

Many of you will be wondering if this is a degree you ever wanted to pursue. So here are the top 5 reasons you will want to know in order to know if the decision you made to take up this degree is right or not.

Since there are many topics that are related to finance, you will have more options to choose the subject of your interest. It can be considered a “narrow range of focus”.

You will be positively driven by this. According to research, you will have to be very good at maths (We know guys that for most of you its the toughest task). You will become more open to society and challenging. 

As we have already discussed, there is a wide range of job opportunities with this degree and also it is increasing every year which is good news for all of you.

Along with the job opportunities, even the reward or salary paid for you will be gradually increasing every year. These graduates are placed into a very blessed position that keeps options available to continue to grow from circumstances that have impacted others.

The job market is growing with more percentage every year which will be a plus to you all. 


Courses Offered in Finance Degree

Financial Analysis

Financial Insurance

Corporate Finance

Financial Economics

Behavioral Finance

Risk Management

International Finance

Financial Maths

Taxation

Financial Accounting

Financial Planning

Investments and Securities


Top Colleges Offering Finance Degree

New York University

The University of Michigan, Ann Arbor 

The University of Texas, Austin

Massachusetts Institute of Technology

The University of California, Berkeley

Carnegie Mellon University

University of North Carolina, Chapel Hill

Indiana University, Bloomington

Ohio State University, Columbia

Boston College

University of Virginia

University of Pennsylvania


Conclusion

Thus, finance is a degree that would open a world of opportunities. Excited about how an Accounting degree can open up such a wide variety of possibilities?? Be sure to give it a thought as a career option if you have the interest and knowledge required for this degree.

You may be interested in - 

What kind of classes will I have to take to get a degree in finance?

Difference Between a Degree in Economics and a Degree in Finance

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