Is a Bachelor of Science in Finance Right for Me?

analyst with a finance degree reviewing data

If you are intrigued by the financial markets and you also like to think about numbers, then a finance major is worth considering. Earning a Bachelor of Science in Finance can provide you with relevant skills and opportunities to help achieve your academic goals and expose you to numerous career possibilities. If you are having trouble deciding if a Bachelor of Science in Finance and Economics is right for you, here's some questions to consider. 

What Will I Study?

Earning a Bachelor of Science in Finance gives you the opportunity to study business, money, financial analysis, decision-making, accounting, the economy and internationalism of business and trade. Popular topics include financial evaluations, management of businesses and finance functions within modern corporations while considering legal and ethical issues in business. You will learn to use spreadsheets and other software used to process and present financial data. While a bachelor’s degree in finance will build upon your finance skills, you will also be taught leadership and communication skills.

What Traits Should I Possess?

When dealing with finances, it is extremely important to be detail-oriented, organized, analytical and a good communicator. It is also important to embrace an open, curious, entrepreneurial and innovative spirit while obtaining strong leadership skills so that you may understand how business decisions affect financial goals and objectives. You will need strong mathematical and statistical skills in order to understand and analyze the financial data.

What Are My Job Prospects?

As a graduate of the Bachelor of Science in Finance, you may explore a career in any enterprise where money is the medium of exchange. Typical examples include corporate finance, banking, insurance or investment management. However, all businesses, including nonprofit and government organizations require the use of money and an understanding of the economy. Here are some of the career options to consider:

  • Financial planner
  • Financial analyst
  • Investor relations associate
  • Budget analyst
  • Load officer
  • Accountant
  • Credit managers
  • Risk managers

You can also consider enhancing your knowledge by applying for a master’s degree in finance. Earning an MBA in Finance degree will prepare you to work in business management positions, often in investment banking and corporate finance. Alternatively, pursuing a master’s degree may offer students more of an opportunity to integrate mathematics, economics, accounting and associated disciplines with the theories and application of finance.

Key Benefits of Getting a Finance Degree

Finance is a high-stakes industry. Individuals and corporations will not trust their financial future to just anyone. That is why getting a finance degree is extremely valuable. Getting your finance degree allows you to:

  1. Master skills that prepare you for real-world job responsibilities
  2. Work for wide range of employers
  3. Set the stage for getting professional certifications
  4. Choose from a wide range of financially-rewarding careers
  5. Join a popular industry that expects a stable growth

How To Decide?

Finance is an exciting major with plenty of career opportunities. If you are interested in solving problems in creative ways or helping companies to plan how to grow their revenue or maintain profitability, a finance major is right for you. A Bachelor of Science in Finance will help you develop multiple skillsets with a great outlook for success after your graduation. To decide, you should understand what this degree offers and if it suits your interests. 

If you are organized, detail-oriented and enthusiastic about helping businesses succeed, then a Bachelor of Science in Finance from Grand Canyon University could be the perfect fit for you! Learn more about our business degrees by visiting our website or clicking on the Request More Information button at the top of the page.

The views and opinions expressed in this article are those of the author’s and do not necessarily reflect the official policy or position of Grand Canyon University.

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