In this article we provide an overview of the finance degree programs at the associate degree in accounting, the bachelor degree in accounting, as well as the finance master degree and the related career overview. The finance course focuses on knowledge of financial concepts and analytical skills which balance finance theory and practical application. The discipline combines principles of business, economics, and accounting with knowledge in finance and financial management. The program covers business finance, financial management, investments, security analysis, and valuation. Before heading down this path, it is important to understand that there are four different types of degrees available relating to finance: associate, bachelor, masters, and doctorate. For most of the positions, a bachelor degree would be required though there are some entry-level positions were an associate degree may be sufficient. A masters program can enhance your profile, while a doctorate finance degrees would open the door to the most financially rewarding positions.
Finance Education and Training
Associate business finance degree programs would provide students with basic business theory as well as concepts that govern financial dealings and legal regulations. Such a course would allow students to have access to tools that are needed to assess and analyze financial positions and make decisions on investments.
A bachelor finance degree course would go into detail on concepts that govern financial transactions throughout the business world. There would be an emphasis on both math and statistics. Typical courses would include principles of economics, business statistics and analysis, and financial law. Other courses may include:
- Quantitative Analysis
- Financial Statement Analysis
- Capital Markets
- Managerial Accounting
- Equity Analysis
- Asset Management
- Fixed Income and Derivatives
- Portfolio Management
A higher-level degree like the MBA finance MBA offers an in depth level of training that positions graduates for an important role in the world of business. Advanced financial management, and the analysis of new methods and techniques would need to be understood, alongside the principles of risk management and derivatives. Predicting market conditions and creating financial solutions would form an essential component of the study.
Licenses and Certification
The Bureau of Labor Statistic (BLS) reports that brokers and investment bankers are required to register as representatives of their firm with the Financial Industry Regulatory Authority (FINRA). To obtain the license, those who wish to become agents must pass several exams. Various licenses are available for selling different investment products and services.
Although not always a requirement, certification is an added advantage for those seeking employment or career advancement. Brokers, investment bankers, and financial services sales agents may earn the Chartered Financial Analyst (CFA) certification through by the CFA Institute.
For Financial Examiner working for the Federal Deposit Insurance Corporation (FDIC), they must have at least six semester hours in accounting.
If you want to take up a career in business, Information Technology, healthcare, or real estate, a finance degree would place you in a desirable position. Experts in this field are required in almost every industry in existence today.
There is a range of exciting opportunities available to finance graduates. All businesses require assistance at some time from individuals that are familiar with the world of finance. A degree holder can be offered a number of positions, for example in a bank or corporation, or they may choose to open their own agency or consultation firm.
Possible options include becoming a credit analyst, finance officer, financial advisor, business analyst, loan officer, or an investment banker. Many graduates with a finance degree choose to work as financial analysts. Careers can be had in government agencies and not just the private sector. For example, the Department of Treasury recruits a number of finance graduates on a yearly basis, as does various state and local authorities.
Jobs related to the financial sector are somewhat cushioned from fluctuations in the national economy. In fact, during the recession, there was a greater demand for financial experts, as their skills and knowledge were called upon to help streamline businesses and improve efficiency.
Estimated Income and Projected Career Outlook
As of 2008, there were more than 250,000 people employed with this job title in the US. The median annual salary, according to the United States Bureau of Labor Statistics, stood at $70,000. Financial managers held more than half a million positions in the same year and commanded a higher median salary of $96,000. The Bureau of Labor Statistics (BLS) reports the following data for 2010:
The median annual wage of financial clerks was $33,710. The lowest 10% earned less than $22,920, and the top 10% earned more than $49,500. The employment of financial clerks is expected to grow by 11% from 2010 to 2010.
The median annual wage of securities, commodities, and financial services sales agents was $70,190. The lowest 10% earned less than $31,330, and the top 10% earned more than $166,400. The employment of securities, commodities, and financial services sales agents is expected to grow 15% from 2010 to 2020.
The median annual wage of financial examiners was $74,940. The lowest 10% earned less than $43,170, and the top 10% earned more than $134,820. The employment of financial examiners is projected to grow 27% from 2010 to 2020.
The median annual wage of financial analysts was $74,350. The lowest 10% earned less than $44,490, and the top 10% earned more than $141,700. The employment of financial analysts is expected to grow 23% from 2010 to 2020.
The median annual wage of financial managers was $103,910. The lowest 10% earned less than $56,120, and the top 10% earned more than $166,400. The employment among financial managers is expected to grow 9% from 2010 to 2020.
The median annual wage of personal financial advisors was $64,750. The lowest 10% earned less than $32,660, and the top 10% earned more than $166,400. Employment of personal financial advisors is projected to grow 32% from 2010 to 2020.
The median annual wage of budget analysts was $68,200. The lowest 10% earned less than $44,860, and the top 10% earned more than $101,660. The employment of budget analysts is expected to grow 10% from 2010 to 2020.
It is expected that the career outlook for qualified professionals with a finance degree will grow between seven and twenty per cent in the coming decade. The openings in the private sector are expected to increase faster than in the public domain.
- Degrees offered include Bachelor of Science in Accounting, Bachelor of Science in Business Administration, and Master of Business Administration.
- Students are instructed in relevant business skills like communication, mathematics, and management.
- Coursework emphasizes the development of project management, communication, decision-making, and problem-solving skills.
- Flexible, 100% online and campus based programs available.
- BSFIN - General Finance
- MS in Finance
- BSFIN - Accelerated MS Finance
- And more...
- Recognized in the first Best for Vets: Business Schools list in Military Times Edge magazine’s 2013 “Best for Vets” edition.
- Offers MUSE (My Unique Student Experience), a content delivery system that gives students the option to watch, view, read or listen to required course materials.
- Allows students to complete courses at whatever pace they want.
- A DANTES-affiliated university and member of the Service Members Opportunity Colleges.
- Offers IntelliPath, a proprietary learning technology that lets students learn at their own pace.
- MBA - Finance
- Bachelor's (BBA) - Finance
- Bachelor of Accounting
- And more...
- Online degrees offered include BA in Accounting, BA in Business Administration, MBA, and more.
- Business students may be eligible for scholarships such as the Entrepreneurship Scholarship.
- Courses help students develop knowledge of marketing, accounting, economic principles, and financial management.
- Business Administration students can specialize in areas such as Entrepreneurship, Finance, and Project Management.
- BA/Sports and Recreation Management - Finance
- MBA - Finance
- And more...
- Enhance organizational performance and create effective traditional and virtual teams through motivation, organizational culture, and change management.
- Address the legal and ethical implications of human resources and administration in an organizational setting.
- Analyze business policy and strategy in relationship to competitors.
- Resolve conflict by utilizing various management styles and best practices.
- Understand employment and compensation requirements including insurance, salary, labor, health, and safety.
- Master in Finance
- Master - Professional Accounting
- Graduate Specialization - Accounting
- And more...
- Offers M.B.A. and bachelor’s programs in Business Administration with concentrations in Marketing, Accounting, and more
- Ranked among the Best Online MBA Programs and Graduate Business Programs for 2017 by U.S. News and World Report
- Coursework covers topics like project management, management fundamentals, and business strategies
- Business students complete a capstone class that demonstrates their knowledge of business concepts
- Master of Business Administration - Finance
- Master of Science in Accounting
- Bachelor of Science in Accounting
- And more...
- Named a Best for Vets school by the Military Times in 2014.
- Has specialized in student-centered technology, business, criminal justice, health science, and culinary education for over 45 years.
- Makes it possible for students to earn a bachelor’s degree in 2.5 years or an associate’s in 1.5 years by providing a year-round schedule.
- Offers externships and clinical experience that help students prepare for life after they graduate.
- Has 10 campuses across the mid-Atlantic, plus online degree programs.
- Accounting - Bachelor's
- Business Administration - Bachelor's
At Kaplan University, we offer over 180 degree and certificate programs. With three different ways to learn, you can choose the format that works best for you:
- Study wherever you have an Internet connection, because almost all of our courses are 100% online, or
- Take campus-based classes(with day and evening options available), or
- Combine campus learning with online classes (blended).
- Master of Science : Finance
- Bachelor of Science in Business Administration :Financial Analysis
- Bachelor of Science in Business Administration : Investment
- And more...
Liberty University provides a world-class education with a solid Christian foundation, equipping men and women with the values, knowledge, and skills essential for success in every aspect of life.
A liberal arts institution with 16 colleges and schools, Liberty offers programs in fields such as medicine, religion, law, aviation, cinematic arts, psychology, business, and more. Part of the Big South Conference, Liberty fields 20 NCAA Division I athletic teams and 32 Club Sports teams, offering fans an unparalleled college sports experience.
- BS in Business - Finance
- MS in Accounting
- MBA - Accounting
- And more...
Earn your graduate degree online with Northcentral University. We offer online programs focused on doctoral and master’s degrees in the schools of business and technology management, education, psychology and marriage and family sciences.
- Financial Management - PhD in Bus. Admin.
- Financial Management - D.B.A.
- Advanced Accounting - PhD in Bus. Admin.
- And more...
Baker College is proud to be the largest independent college in Michigan with the most focused approach to education and training available. With one of the highest graduate employment rates in the country, our mission is to help our students find meaningful employment.
At Baker College, you’ll have the opportunity to choose between an on campus education or an online education, depending on what works best for you and for your schedule. Our ground campuses are located across Michigan and one campus in Reading, Pennsylvania.
- Finance - Bachelor
- Finance - MBA (Master's)
- Accounting - Associate
- And more...