If you love numbers and are detail-oriented, a finance degree is the perfect career path for you. As a finance major, you’ll learn how to analyze financial markets, develop strategies and make informed financial decisions. Finance majors can choose from a variety of entry-level positions, such as investment banking, cost analysis, corporate finance, and asset management. Most finance jobs don’t require any previous experience and offer great opportunities for growth.
The finance industry is fast-paced, with opportunities in banking, asset management, venture capital, and private equity. This industry accounts for 7.4% of the U.S. GDP, and the demand for qualified workers is high. The competitive nature of the industry encourages high levels of job competition, and a finance degree can pave the way for a variety of rewarding careers. Depending on your goals, you can choose a career path in banking, asset management, and enjoy a rewarding lifestyle.
If you already have a bachelor’s degree in finance, you can choose to pursue an MBA or master’s degree. An MBA will prepare you for a career in financial management, while a master’s degree will focus on a specific area of finance. Getting a master’s degree will help you stand out from others who only have a bachelor’s degree.
Finance is closely related to accounting, but differs from accounting in many ways. While accounting focuses on how money flows in and out of a business, finance focuses on how assets and liabilities are managed for long-term growth. A finance degree will require you to use analytical skills and to be able to manage risk and prevailing business conditions.