Graduates with a degree in finance may find employment with a variety of businesses, including Wall Street banks, insurance companies, and financial planning agencies.
Although it would probably need extra accounting training at the undergraduate or graduate level, some finance graduates go on to obtain a CPA license.
One of the best-paid specialists in the industry are financial analysts.
Finance majors have a wide range of career options available to them, including banking, equities research, financial planning, budgeting, and Treasury analysis.
What Jobs Are Available With a Finance Degree?
Finance graduates have a wide range of professional options. Insurance agents, financial analysts, investment bankers, commercial bankers, real estate agents, accountants, risk managers, and equity researchers are just a few of the professions that fit finance degrees.
Can a Finance Major Earn You a Lot of Money?
Yes, if you major in finance, you can earn a lot of money. The kind of employment a person selects will determine whether or not they may earn a lot of money with a finance degree. There are many different positions in finance, and not all of them pay fairly. One of the top paid careers in finance is investment banking, with fresh graduates earning between $100,000 and $120,000 annually. The pay increases along with the advancement of an investment banking profession.
Are Finance Majors Difficult?
A major in finance might be quite challenging. It is much more difficult than other degrees in the liberal arts, including history and philosophy, but not as difficult as majors in “STEM” (science, technology, engineering, and math). The ideas in finance that students would not have previously encountered in their life, the financial jargon used in the sector, and the emphasis on arithmetic make the subject challenging.
There are many careers linked to finance that are quite profitable, even if degrees in finance may not generally pay more than other educational paths. Anyone worried about work-life balance may want to seek elsewhere since some of the highest paying jobs, like investment banking, require very long hours.