A finance degree can be one of the most versatile degrees around. Those who acquire a finance degree can find positions within almost any financial institution, firm, government agency, or organization. The majority of finance graduates work for banks, insurance companies and security firms. There are also a number of highly experienced individuals who are self-employed. The Financial Industry Regulatory Authority (FINRA) is the primary licensing body for those in finance and requires passing specific exams based on the position(s) desired.
Finance professionals can hold a variety of positions, including:
- Personal financial advisor
- Financial analyst (also known as a securities analyst)
- Financial manager
- Finance officer
- Private banker
Finance professionals need a wide range of capabilities, including:
- Strong verbal, written and inter-personal skills
- Proficient with math, statistics and numbers in many forms
- Analytical & detail-oriented
- Financial software knowledge
- Educational focus in business, investing, economics, statistics, taxes
Those with finance degrees have some of the highest weekly wages in the country and job growth is expected to rise by 34% over the next eight years. Because finance is highly competitive, having a master’s degree is quickly becoming standard. There are also a number of additional certification and special accreditation courses one can take to further advance their career.
- Bureau of Labor Statistics, 2008