Popular Schools

The listings below may include sponsored content but are popular choices among our users. x
Southern New Hampshire University responds quickly to information requests through this website.

Southern New Hampshire University

Associate Programs
Southern New Hampshire University responds quickly to information requests through this website.
Grand Canyon University responds quickly to information requests through this website.

Grand Canyon University

Bachelor Degrees
Grand Canyon University responds quickly to information requests through this website.
Purdue Global responds quickly to information requests through this website.

Purdue Global

Associate Programs
Purdue Global responds quickly to information requests through this website.
Colorado Christian University responds quickly to information requests through this website.

Colorado Christian University

Bachelor Degrees
Colorado Christian University responds quickly to information requests through this website.
The University of Arizona Global Campus responds quickly to information requests through this website.

The University of Arizona Global Campus

Bachelor Degrees
The University of Arizona Global Campus responds quickly to information requests through this website.
Liberty University responds quickly to information requests through this website.

Liberty University

Master
Liberty University responds quickly to information requests through this website.
Saint Leo University responds quickly to information requests through this website.

Saint Leo University

Associate Programs
Saint Leo University responds quickly to information requests through this website.
Penn Foster responds quickly to information requests through this website.

Penn Foster

Certificates
Penn Foster responds quickly to information requests through this website.
Full Sail University responds quickly to information requests through this website.

Full Sail University

Full Sail University responds quickly to information requests through this website.
Penn Foster High School responds quickly to information requests through this website.

Penn Foster High School

High School Diploma
Penn Foster High School responds quickly to information requests through this website.

Is Finance A Good Career Path?

Pursuing a degree in finance can open up a wide variety of career options. Finance can be an excellent career path for those who are interested in managing investments, studying market trends, banking, and more.

Choosing the right career path is a decision that can shape your life's trajectory, impacting not only your financial well-being but also your satisfaction and growth as a professional. Whether finance is a good career path depends upon your interests, skill sets, and life goals.

Pursuing a finance career opens up various opportunities — from studying market trends to managing investments or developing strategic financial plans for companies.

Aspiring finance professionals need to build a solid understanding of:

  • financial principles
  • market analysis
  • ethical considerations

Success in finance relies on obtaining a strong education that caters to the complex and ever-changing nature of the industry.

Is Finance a Good Career Path?

Determining whether finance is a good career path requires examining its scope and depth as a field. Finance covers various industries such as:

  • banking
  • investment management
  • financial planning
  • corporate finance

The Appeal of Finance as a Career Choice

When considering finance as a career option, two main appeals often stand out:

Potential for high earnings: Finance is known for its potential to provide lucrative compensation packages, especially in roles such as investment banking or private equity.

Opportunities for professional growth: The finance industry offers various paths for advancement, whether through promotions within companies or by pursuing advanced certifications like the Chartered Financial Analyst (CFA) designation.

Should I Start a Career in Finance?

While the allure of finance may be strong, it's essential to evaluate whether this field aligns with your interests, skills, and long-term goals. Here are some critical factors to consider:

Personal interest: Do you have a genuine curiosity about financial markets, economics, and related concepts? Without intrinsic motivation, it may be challenging to stay engaged and excel in this field.

Skillset: Analytical thinking, problem-solving abilities, and attention to detail are highly valued in finance. Assess whether these skills come naturally to you or if you're willing to develop them further.

Educational requirements: Many positions in finance typically require at least a bachelor's degree in a relevant field such as finance, accounting, economics, or business administration. Higher qualifications, such as master's degrees or specialized certifications, can also open doors to more advanced roles.

Career advancement opportunities: Explore the potential for growth within the finance industry. Are there clear pathways for progression? Are there specific certifications or designations that can enhance your marketability?

Job security: While finance can offer stability in certain roles, it's important to recognize that economic fluctuations can impact job security, especially in industries closely tied to market performance.

Finance Career Opportunities

There are several different career paths you can take in the finance industry. Featured below are some of the most common finance career paths:

1. Financial Analyst

Financial analysts aid people and companies in making the best decisions concerning their finances based on the latest financial data. They evaluate trends in the market and build plans for companies based on that information.

As a financial analyst, you may perform:

  • market research
  • quantitative analysis
  • financial modeling

These professionals provide crucial information on investments and potential investment strategies.

2. Finance Manager

Finance managers are in charge of managing a client or company's finances. They do this by leading financial planning efforts and overseeing teams handling:

  • budgets
  • audits
  • reporting

Finance managers also analyze trends in the market and find ways to cut costs and save money for the company they work for.

3. Banker

Bankers often work at different retail bank locations and work with clients. In this role, there are great opportunities for career advancement.

The responsibilities of a banker include:

  • engaging with clients directly
  • managing assets
  • specializing in loans and credit analysis

Bankers must have good customer service skills as they complete face-to-face transactions for clients every day.

4. Financial Advisor

Financial advisors have a wealth of information on all things finance and help people through different phases of life. A financial advisor builds relationships with individuals and advises about:

  • investments
  • insurance
  • tax planning

Many people seek financial advisors to help them manage their finances during their retirement years where they can finally make use of their retirement funds.

5. Portfolio Manager

Portfolio managers craft investment strategies to manage assets for institutions or individuals. They help clients manage their investment and financial portfolios by providing them with some of their expert knowledge on the market. Portfolio managers trade and invest their client's assets for them while tracking the progress of those investments daily.

6. Chief Financial Officer

Chief financial officers (CFOs) steer corporate finances at the highest level with strategic decision-making. Chief financial officers have responsibilities such as:

  • tracking company finances
  • drafting ideas to generate profit
  • presenting budget plans

Chief financial officers are also executives within a corporation who manage whole teams of accountants and finance professionals.

7. Stockbroker

Stockbrokers trade securities on behalf of clients within fast-paced markets. Besides buying and selling financial assets for their clients, stockbrokers also provide financial advice, such as personal budgeting strategies.

These financial professionals tend to work in brokerages or investment banks where clients come in seeking to trade financial assets, such as stocks or ETFs (Exchange-Traded Funds).

8. Government Finance

A career in government finance requires working within government agencies to manage funds responsibly for public services. Many of the responsibilities held by government financial professionals are similar to those working in corporations. Some of the responsibilities of government finance workers are:

  • bookkeeping
  • finance management
  • budget planning
  • reporting accounting transactions

Online Finance Degree Programs

These programs offer flexibility and convenience for individuals who want to pursue a finance career without enrolling in a traditional on-campus program.

Here are some fully online colleges that offer finance degrees:

1. Indiana University

Indiana University provides an online bachelor's degree in finance and master's level options for further specialization through the university's Kelley School of Business. Students interested in an online bachelor's degree in finance from Indiana University can expect to take courses such as:

  • Intermediate Investments
  • Cost Management
  • Tax Analysis and Applications

2. University of Massachusetts-Amherst

The University of Massachusetts delivers an accredited online Bachelor of Business Administration (BBA) in finance through the Isenberg School of Management. There are several degree requirements to complete to achieve a BBA in finance. Students are expected to complete:

  • general education courses
  • Isenberg core courses (specialized business courses)
  • breadth requirement courses
  • major required courses

3. Pennsylvania State University World Campus

Pennsylvania State University World Campus (Penn State World Campus) features an online Bachelor of Science (BS) in finance, designed to prepare students for various financial certifications. Students enrolled at Penn State World Campus interested in a finance career should expect to take these courses to meet the BS in finance requirements:

  • Financial and Managerial Accounting for Decision-Making
  • Financial Statement Analysis
  • Corporation Finance

4. Arizona State University

Arizona State University offers an online BS in finance as well as a Master of Science (MS) in finance through the W.P. Carey School of Business. For those looking to enroll in the online BS in finance, here are some courses you will take:

  • Computer Applications and Information Technology
  • Social and Behavioral Sciences
  • Mathematics for Business Analysis

5. University of Alabama at Birmingham

The University of Alabama at Birmingham provides an online BS in finance with courses tailored to real-world financial issues. This degree is offered by the Collat School of Business. Some of the courses that the Collat School of Business requires finance majors to take are:

  • Essentials of Financial Literacy
  • Foundations in Business Analytics
  • Introduction to Business Statistics

6. Colorado State University Global Campus

Colorado State University Global Campus delivers career-focused online bachelor's and master's degrees in finance. The online bachelor's degree in finance has several degree requirements beside taking general education classes. Some of the courses required in this online degree program are:

  • Applying Leadership Principles
  • Strategic Communication of Data Analysis
  • Financial Strategy and Forecasting

7. Southern New Hampshire University

Southern New Hampshire University features a variety of finance-related degrees, including an online BS in business administration with a concentration in finance. The concentration in finance is great for students who want careers in finance such as accounting and financial advising. This concentration includes courses such as:

  • Personal Financial Planning
  • Fundamentals of Investment
  • Multinational Corporate Finance

8. Florida International University

Florida International University offers an online BBA in finance that emphasizes skill development for financial markets. This online degree is offered by the R. Kirk Landon Undergraduate School of Business. Students pursuing an online BBA in finance must take courses such as:

  • Statistics for Business and Economics
  • Principles of Macroeconomics
  • Introduction to Microcomputer Applications for Business

9. Northeastern University

Northeastern University delivers an online BS in finance and accounting management, integrating both disciplines for a rounded education. This online degree is offered by the university through the College of Professional Studies. Courses in the online BS in finance and accounting management curriculum include:

  • Writing for the Professions: Business and the Social Sciences

and Lab

  • Information Within the Enterprise
  • Financial Institutions and Markets

10. Baker College

Baker College provides an online BBA in finance, covering these topics:

  • investment
  • international finance
  • risk management

This online degree prepares students for future career paths in finance. There are several degree requirements to complete that include courses such as:

  • International Financial Management
  • Organizational Behavior and Management
  • Personal, Civic, and Global Perspectives

11. Post University

Post University features an online BS in finance, offering courses that cover various aspects like:

  • personal finance
  • corporate finance
  • investment analysis

Various courses are required in the online BS in finance degree curriculum, such as:

  • Digital Skills for College and Career
  • Baldrige Principles and Introduction to Quality Standards
  • Insurance and Risk Management

Start Your Finance Degree Journey Today

Embarking on a finance career path offers many opportunities for growth. This field challenges you intellectually and can lead to a dynamic and potentially lucrative profession if you're determined.