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What is a Bachelor’s in Finance?

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Nothing in life is free; this phrase is known by young and old alike and highlights the importance of money in modern society. Those with money have greater power and those without have less. Students with an interest in money, the economy, Wall Street, and currencies in general would do well to consider pursuing a Bachelor’s in Finance.

Pursuing a Bachelor’s in Finance is not an easy task for every student. Those considering this degree should have an interest in numbers because the study requires a number of mathematics, statistics, and analytical coursework. Before enrolling in a finance program students should consider the following information about a Bachelor’s in Finance.

What to Expect

The average college student should expect to spend four to five years completing a Bachelor’s in Finance program. This applies primarily to college students who will attend a traditional, on-campus degree program. In addition to completing the required degree coursework, many students will also have to complete liberal arts studies such as science, social sciences, and education.

As for specialized coursework within a Bachelor’s in Finance program, students can expect a heavy dose of mathematics-based courses. Typical coursework for finance students include accounting, economics, corporate finance, and statistics. The exact coursework will depend upon the degree and the institution offering the program.

Online vs. On-campus

21st century college students face a difficult choice when it comes to attending college. More and more degree programs are being offered in-part or entirely online from public and private institutions across the country. Both approaches have advantages and disadvantages.

On-campus programs offer students a chance to live amongst their peers on campus and enjoy the typical “college experience,” along with the opportunity to complete a liberal arts program in addition to finance coursework. Online programs can offer greater flexibility to students, making it easier for those with jobs and families to maintain their commitments while also enhancing their education.

Why Earn One?

Earning a Bachelor’s in Finance is important for any individual hoping to work in the financial sector of the business world. Managing the finances of a business, large or small, is a critical operation and is not entrusted to just anyone. There are a variety of positions in the world of finance for college graduates, and a number of them require students to have additional education.

Students who have a true desire to succeed in finance may need to consider a graduate degree. Without earning a Bachelor’s in Finance first, it will be difficult for individuals to move on and eventually earn a graduate degree.

Those who do complete a Bachelor’s in Finance degree may find a variety of career options awaiting them after graduation. While most people think first about Wall Street and Fortune 500 companies, there are in fact a number of different sectors in which finance graduates will find work. According to Yahoo! Education, business degrees such as a finance degree lead individuals into two of the longest lasting career fields; Budget Analysts and Tax Collectors.

Sources:
http://www.bls.gov/ooh/management/financial-managers.htm#tab-4 
http://www.bls.gov/ooh/Business-and-Financial/Personal-financial-advisors.htm#tab-4
http://www.bls.gov/ooh/Business-and-Financial/Financial-analysts.htm#tab-4
http://education.yahoo.net/articles/careers_built_to_last.htm?kid=MQN3

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