What Are the Courses in a Bachelor's Degree in Financial Management?
A bachelor's degree in business administration is required for many careers in financial services. Programs in financial management further qualify a prospective employee. Read below to learn about the core courses of a financial management degree program.
Core Courses of a Bachelor's Degree in Financial Management
In addition to specialized courses in financial management, students are required to take basic business administration courses, such as real estate principles, risk management and financial statement analysis. These courses will help students prepare for a successful career in field.
<h3 id="section---ImportantFactsAboutThisAreaOfStudy">Important Facts About This Area of Study</h3><p></p><table border="1"><tr><td> Core Courses </td><td> Financial planning, business law, taxation</td></tr>
<tr><td> Degrees </td><td> Bachelor of Arts, Bachelor of Science in Financial Management</td></tr>
<tr><td> Concentrations </td><td> Accounting, legal studies, management information systems</td></tr>
<tr><td> Possible Careers </td><td> Managerial positions at private, public and non-profit agencies</td></tr>
<tr><td> Median Salary (2021) </td><td> $131,710 (<i>for all financial managers</i>)</td></tr>
<tr><td> Job Outlook (2021-2031)</td><td> 17% growth (<i>for all financial managers</i>)</td></tr>
</table><p><i>Source: U.S. Bureau of Labor Statistics</i>
</p><h3 id="section---FinancialManagementConcentrationCoursework">Financial Management Concentration Coursework</h3><p>A financial management concentration typically includes coursework in the following areas:
</p><ul><li><b>Financial Management:</b> Covers theoretical and practical considerations regarding controlling company finances, capital structure and budgeting, cost of capital, management of working capital, risk management and other issues related to the financial activities of a company or institution.
</li><li><b>Investment Management:</b> Provides an overview of financial theory, investment strategies, asset allocation and management, portfolio management, diversification, trading, valuation, risk management and performance measurement. The course also covers fixed-income securities, financial derivatives and market data analysis.
</li><li><b>Corporate Finance:</b> Focuses on how the economic climate and government regulations affect financial decision-making. Course content includes economic analysis, supply and demand, economic policies, corporate investments, risk and return on investment, valuation, exchange rates, trade, price and production theory, monetary policy and the banking system, cash flow strategies and dividend policy.
</li><li><b>International Finance:</b> Includes an examination of global financial markets, international financial institutions, management of multinational corporations, foreign investments, financial market competition and foreign exchange issues.
</li><li><b>Financial Institutions:</b> Covers financial institution management, lending, risk management, online security, banking systems, regulatory environments, asset-liability management, global competition, foreign exchange markets, financial derivatives and financial performance analysis.</li></ul>