Finance more jobs in the money industry. The U.S. Bureau of Labor Statistics reports that the number of money-related jobs is increasing.
Why finance jobs are growing faster than other fields
Finance workers will be needed in the U.S. market. Financial jobs, along with retirement planning for millennials, will increase as the stock market fluctuates. These times are a great time to be a wealth manager.
Regulations changed dramatically after the 2008 recession. To ensure compliance, banks and lenders worked overtime. In a highly regulated market, people must be able to work with numbers and keep up with changing rules. The current economic situation is affecting the number of financial workers as well as the work they do.
Get a degree in finance to start your career
It is essential to be qualified to work in finance to maximize your opportunities. You will need to earn a degree in finance, or another related field. These are some options for people who wish to pursue a career as a financial professional or similar job opportunities.
Bachelor of Science in Finance
The Bachelor of Science degree in Finance provides students with the fundamental knowledge needed to succeed in finance. The curriculum includes topics in finance, portfolio management, economics and accounting. Students can also get experience and internships through a bachelor’s in finance.
Bachelor of Science in Economics and Finance
A bachelor’s degree is in finance and economics, which is more specialized than traditional finance degrees. This degree examines the relationship between finance, economics, and how these areas can be applied to a career within the business industry.
Bachelor of Science in Accounting
A Bachelor of Science degree in Accounting is an option for anyone who is interested in finance. This program could lead to a career as an accountant, credit analyst or revenue agent. It may be helpful to compare the differences between an accounting and finance degree in order to determine which degree is best suited for your career and goals.
Master of Business Administration in Finance
A graduate degree is an option for those who wish to move beyond a bachelor’s and take on leadership roles in the financial industry. These include master’s and doctoral degrees. A Master of Business Administration (Finance) is one option for a graduate degree. This program further enhances students’ knowledge of business and corporate worlds and prepares them for higher-level positions and leadership roles.
Finance Major Jobs
It is reasonable to wonder, “What can you do with a finance education?” Recent finance graduates have many options. There are many job opportunities and many different sectors. To ensure that you choose a job you enjoy and are qualified for, it is important to research the various financial jobs and resources for graduates. These are some to bear in mind.
Analysts work alongside lenders and banks to assess the creditworthiness of individuals and businesses. The U.S. Bureau of Labor Statistics reports that financial analysts will grow by 5% between 2019-2029. This is faster than the average rate for all occupations. Companies also need financial analysts to help them analyze investment opportunities and plan their projects.
Personal financial advisors are a job that could suit you if you enjoy working with families and individuals. Financial advisors are also known as financial planners or financial consultants. They work with families and individuals to help them make financial decisions. They can offer advice on everything, from mortgages and college savings to investments and retirement. The employment of personal financial advisors is expected to increase by 4% between 2019 and 2029, which is about the average for all occupations. The demand for personal financial advisors is expected to grow by 4% between 2019 and 2029, which is about the average for all occupations.
You might be interested in enforcing regulations and rules by becoming a financial inspector. Financial examiners are expected to see a 7% increase in employment from 2019 to 2029. This is faster than the average growth rate for all occupations. They consult on laws relating to business management and financial management.
A loan officer is another job option for finance majors. Lender officers approve, authorise and recommend approval for loan applications from individuals and businesses. The number of loan officers in the workforce is expected to increase by 3% between 2019 and 2029. This is about the same as for other occupations.
Additional Finance Degree Opportunities
You have many other options for finance-related jobs. You might consider a career as:
- Financial Planner: A financial planner is a certified professional who designs a plan to give individuals or businesses the ability to achieve financial goals and manage money.
- Broker: brokers act as mediators between two parties in certain financial transactions or exchanges.
- Insurance Underwriter: Insurance Underwriters need to understand the risks associated with insurance liabilities and make informed decisions for their businesses.
- Banker – A banker is someone who works for an organization such as a bank, credit union or bank. They assist clients with various tasks related to financial services.
Grand Canyon University offers two degree programs that will allow you to get into finance. Visit our website to learn more about Grand Canyon University’s Colangelo College of Business.