A degree in finance is awarded to students who have completed a formal finance degree program at college, university or business school. In a degree program in finance, students study a variety of related topics like economics, management, statistics, accounting, taxation, and financial analysis. There are a variety of jobs available to graduates with a finance degree. Degree holders can choose to work for a specific company, such as a corporation or bank, or choose to open their own business, such as a consulting firm or financial planning agency.
Every industry needs a person with a sound financial background and knowledge. These are possible job options for people with finance degree:
- Finance Officer – Or a finance manager typically manages the operations of banks, finance companies, and credit unions.
- Credit analyst – Their job is to analyze financial information and assess the risk of offering credit to businesses (commercial business analysts) and individuals (consumer credit analysts.)
- Financial Analyst – A financial analyst evaluates and analyzes a company’s financial situation and make recommendations to help the company invest, manage and spend company funds.
- Financial Planner – A planner assists individuals with budgets, retirement planning, and other management tasks.
- Financial Advisor – These people help people invest money and achieve financial goals. They are a cross between an investment advisor and financial planner.
- Investment Banker – He advises and raises funds for a corporation.
- Loan Officer – It is the job of the loan officer to assist individuals during the loan process. They assess creditworthiness and determine whether or not individuals are eligible for a loan.
- Investor Relations Associate – These professionals prepare and present financial information about their company or corporate clients to investors, analysts and the business media.
- Budget Analyst – These analysts apply principles of finance to projects and proposals in the business, educational, governmental, and not-for-profit sectors. They analyze budgets and evaluate the financial impact of continuing and new ventures.
- Actuary – The finance graduate with strong mathematical skills is ideally positioned to calculate the likelihood of various events and to assess the financial consequences for those outcomes. An actuary plays the role of a leader in financially oriented businesses like banking, insurance, accounting, and rating agencies.
A finance degree gives you a sound knowledge of various related fields like accounting, insurance, banking, etc and prepares you for a job in these fields.