Programs
The field of finance can be pursued by doing a bachelor in finance but can also be studied as a Bachelor of Business Administration (BBA) with specialization in finance. Students can also apply for a bachelor in banking or a bachelor in investment and securities, which are basically specialized areas of finance. Besides a major in finance, students also have the option of doing a minor in economics, mathematics, accounting or business studies.
Admission and Coursework
Admission in a program leading to a bachelor in finance requires a good ACT/SAT score, high grade point average (GPA) in high school, personal essays and recommendation letters.
The following courses are normally taught for a finance bachelor program:
- Financial Management
- Financial Risk Management
- Financial Services
- Risk Management and Insurance
- Investment and Security Analysis
- Financial Engineering
- Managerial Accounting
- Corporate Finance
Besides the coursework, the students may also be required to deliver a senior project to complete the requirements for the bachelor in finance.
Who should get this degree?People interested in a bachelor in finance should be confident, intuitive and intelligent with exceptional mathematical skills as the field of finance deals with money, interests, credits, investments, etc. This can be a stressful job as dealing with large amounts of money belonging to others and investing it properly is not an easy task.
Career Prospects
Individuals with a bachelor in finance have diverse horizons open in front of them such as insurance, corporate finance, financial planning, public accounting, commercial banking, investment banking, money management, etc. Even entry level jobs earn around $50,000. The salary can touch as high as $200,000 depending on the quality of the degree, experience and the employer.
Further Education
Further career enhancements can be reached by obtaining a post graduate degree such as a Master of Business Administration (MBA). Doctoral degrees in finance are also offered by some universities.
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