What Is the Curriculum of a Bachelor of Science Degree in Finance?
A Bachelor of Science in Finance can provide you with the skills necessary to pursue a variety of finance-related careers, like in investing, corporate finance or real estate. It may also help prepare you for advanced study in the field. Continue reading for details regarding courses that may be included in such a degree program, such as investment management and monetary theory.
Overview of Bachelor of Science in Finance
The majority of Bachelor of Science (BS) degree programs in finance offer students a broad business administration education with a concentration in finance. Students who are interested in utilizing their strong analytical and quantitative skills in a business environment may be good candidates for this degree. Programs teach students essential financial principles regarding investments, assets, budgeting, portfolio analysis and risk management, applicable to both individuals and corporations. In addition to coursework, programs may include internships, study abroad options and other professional development experiences to give students real-world, hands-on training.
Important Facts About a Bachelor of Science in Finance
|Possible Careers||Financial consultant, finance manager, commercial banker, investment banker, financial planner, real estate agent|
|Continuing Education||Graduate certificate, master's and doctoral degrees|
|Learning Environment||Traditional classroom and online options available|
|Key Skills||Problem solving, analytical and critical thinking, attention to detail, computer competency, proficient oral and written communication, strong commitment to team environment|
|Median Salary (2019)||$129,890 (for financial managers)|
|Job Outlook (2019-2029)||15% (for financial managers)|
Source: U.S. Bureau of Labor Statistics
Students are required to complete several general business courses, including accounting, business strategy, business law, international business and organizational behavior. Some core finance courses that may be included in a BS in Finance are financial decision making, banking and financial institutions, macroeconomics and securities analysis. Below are descriptions for a few other core finance courses:
Monetary Theory and Policy
This course introduces students to both the structure and function of the American banking system. Coursework incorporates a detailed examination on monetary policy and its function in the regulation of the national economy. Several other monetary topics are covered, including the creation of money, the value of money and the purpose of central banking. This course also incorporates information on capital markets and the function of the Federal Reserve System.
Providing an examination into the world of investing, this course emphasizes stock portfolio creation and mutual fund selection. Students explore the many theoretical concepts involved with portfolio analysis and learn how to effectively gather relevant data. Many investment topics are covered, such as bonds, risk-return analysis and other investment strategies. This course also explores how national and international factors affect investment strategy.
Advanced Financial Management
This course is especially relevant to those who are hoping to pursue a career as a financial manager, because it explores the many ways in which sources of corporate funds may be found. Students also learn principles of valuation, capital budgeting, financial forecasting and financing. Other advanced financial topics are examined, including liability financing alternatives and equity-linked securities.