What can you do with a Finance Degree?

Managing cash - earning, spending, saving and investment it - is a vital life skill. If you are an analytical person with smart communication skills and an eye for details, learning or operating within the field of finance may be the correct work for you.

Updated by Akshay Nair P R on 30th June 2018

What can you do with a Finance Degree?

  • For the numerically inclined, finance may be a world choked with the tantalizing chance.

  • You’ve undoubtedly seen examples of the lavish lifestyles Wall Street-types fancy in films or on television; however, what will a finance career seem like in the “real” world. 

  • So, in the real world also Finance is one among the top subjects for giving students each nice graduate job prospects and high earning potential – with the PayScale college salary Report 2017-18.

  • It indicated that in United States graduates with a Bachelor’s degree in finance earn a mean of $57,500 in their early career, rising to $97,100 once they have ten or more years of experience.

  • The possible career opportunities in Finance after your graduation can get roles in any accountancy firms, investment and high street banks, insurance firms, management consultancies, the public sector and other areas.


Degrees in Finance

Earning a degree in finance, or a related degree like Bachelors, Masters, Graduate Certificate, Associate, Doctorate, etc., with a specialization in finance, will give you with a robust foundation of business knowledge and practical, industry-related skills, as well as how to:

  1. Assess and solve problems in a business environment by applying the principles of finance and accounting.

  2. Implement quantitative tools to analyze modern business functions and practices.

  3. Recognize the association between finance ideas and their use within the international markets.

  4. Use current operations and marketing management practices and principles to extend efficiency and productivity.


Colleges offering Degree in Finance

Auburn University St. John's University
Golden Gate University (GGU) The Pennsylvania State University
Ivy Tech Community College University of Hartford
Kansas State University University of Minnesota - Crookston (UMC)

Types of Financial Jobs

A finance degree will help open doors to a variety of jobs. There are totally different rules and laws for people and corporations, employment in finance as a manager or analyst is extremely different than operating as a private monetary planner.

  1. Financial Analyst
  • Financial analysts guide businesses and people in creating sound investments and are expected to be able to assess the performance of stocks, bonds, and alternative kinds of investments.

  • Maybe even a lot of significantly, analysts then use soft skills, as well as interpersonal skills, communication skills, and emotional intelligence, to create relationships with colleagues and clients whereas conveying confidence in their findings and suggestions.

  • To become a financial analyst, you’ll need a minimum of a bachelor’s degree in finance or a similar subject like economics or statistics.

  • You’ll also need to be a strategic thinker with a strong understanding of statistics and good presentation skills. To know more how to be a Financial Analyst go here.

    2. Financial Advisors

  • Whether they are working on behalf of organizations or individuals, financial advisors and planners offer financial recommendation and proposals.

  • They generally need a bachelors degree.

  • It is expected to be one of the fastest-growing careers in finance over the next decade.

  • Financial advisors may be freelance or restricted, with independent financial advisers (IFA) researching and considering all financial product on the market.

  • In the US, you need to pass the Series seven exam, managed by the financial industry regulatory authority (FINRA).

  • These two job examples are just the tip of the iceberg, as there are many jobs available for a person with a finance degree can aim for.

 

Source:- elearners.com


Conclusion

Thus, finance is a degree that would open a world of opportunities. Any degree with such a wide variety of possibilities is sure to be thought about as a career option if you have the knowledge required for this degree.