5 Majors to Consider for a Career in Finance – BigFuture (2024)

FAQs

What major is best for finance? ›

Finance is the management of money which includes investing, borrowing, lending, budgeting, saving and forecasting. There are four main areas of finance: banks, institutions, public accounting and corporate.

Target Your Studies

No doubt they do, but it is certainly better to apply for finance jobs with a finance-related degree. You should ideally concentrate on a numbers-oriented discipline, such as business, economics, applied mathematics, etc. Other areas of study can be apropos, though.

Finance degree jobs can provide relatively high pay, stability, opportunities for advancement and consistent demand projections. Careers in finance may also offer flexibility for employees by allowing them to work remotely or in hybrid environments.

India's top 10 finance career options include Financial Analyst, Investment Banker, Chartered Accountant (CA), Risk Analyst, Portfolio Manager, Actuary, Financial Planner, Credit Analyst, Equity Research Analyst, and Corporate Finance Manager.

#7 Finance

You'll need your left brain and right brain for this profession! Finance majors need skills in math, analyzing data, formulating strategies, and communicating well. Individuals with skills in all these areas are hard to come by!

Admission to the BSBA Option in Financial Analysis

Students seeking an option in Financial Analysis may initially declare an option in Pre-Finance while working to satisfy supplemental criteria, which requires completion of at least 60 units and a minimum cumulative GPA of 2.6.

While each program will vary slightly, students earning a finance degree can expect to take a sizable amount of math classes. Finance degrees will often cover more basic mathematical concepts such as algebra and statistics, as well as more industry-specific math courses such as probability and business mathematics.

Finance degrees are generally considered to be challenging. In a program like this, students gain exposure to new concepts, from financial lingo to mathematical problems, so there can be a learning curve.

How happy are finance majors? ›

How satisfied are finance students compared to other degrees? Overall, finance students rate their satisfaction with their degree a 3.1 out of 5. This is low compared to other degrees which average a rating of 3.28 across all degrees.

A Citibank bank's study estimates over half of financial sector jobs are ripe for AI automation, though net job destruction at banks and across the economy may be limited. The threat from artificial intelligence (AI) to millions of repetitive, lower-paying jobs is a big factor in the future of business.

Pros of Getting a Finance Degree

Many jobs in finance offer high salaries and growth potential, making it a lucrative career choice. Because these jobs often require specific skill sets and certifications, even “entry-level” positions tend to come with competitive salaries.

While each program will vary slightly, students earning a finance degree can expect to take a sizable amount of math classes. Finance degrees will often cover more basic mathematical concepts such as algebra and statistics, as well as more industry-specific math courses such as probability and business mathematics.