7 Top Double Majors With a Finance Degree
Business-related majors as well as psychology majors are the best doubles majors with finance; although, any major is appropriate depending on personal interests and professional goals.
A double major with a finance degree can provide more career options and make graduates more competitive in the workforce. The best double majors with finance are:
- accounting
- business administration
- economics
Other business-related majors and psychology majors also correspond well with a finance major. Students interested in a finance double major should have a strong educational background, excellent academic behaviors, and the ability to focus on more than one area of study at a time.
What is a Double Major?
A double major is a college program that allows you to complete the course load necessary to declare two majors on one degree. Undergraduate and graduate students can request a double major. Students typically choose a double major based on personal interests or professional opportunities. Double majors stand out to employers and demonstrate a candidate's competitiveness.
Double Major Vs. Dual Degree
A double major and a dual degree are two different opportunities that accredited institutions provide to students who want to enhance their degree. The main difference between a double major and a dual degree is that a dual degree is two separate degrees.
A double major lists both areas of study that a student completes on one degree and typically costs less than a dual degree. The minimum number of credit hours required is 120 to earn a double major degree. A student can earn a dual degree by completing credit hours for two separate programs. A dual degree can also be a combination of an undergraduate and graduate degree, unlike a double degree.
Top Double Majors For Finance Majors
The best double majors with finance help prepare future leaders and professional workers to reach their full potential in their careers.
1. Accounting
A double major in accounting and finance provides a solid foundation in:
- analyzing financial data
- accounting methods
- corporate finance
It is an excellent choice for a double major student interested in the financial sector of manufacturing and retail services.
Earning a double major in accounting and finance also prepares students for industry-related certifications that can enhance their qualifications for employment. Examples of certifications for a double major in accounting and finance include:
- Certified Financial Planner (CFP)
- Certified Public Accountant (CPA)
- Certified Credit Professional (CCP)
2. Business Administration
Business administration majors are great to double with finance majors because of their close relationship in business. Finance majors can use skills in management to help lead finance departments in organizations. A business administration major can also help prepare finance majors to start their businesses through courses in:
- entrepreneurship
- marketing
- organizational leadership
3. Computer Science
Finance majors could benefit from a computer science double major if they are interested in careers such as:
A computer science major with a finance major also provides options in the two separate career fields. A finance and computer science double major helps you develop or strengthen critical thinking skills and market knowledge. A computer science major also trains students in algorithms and artificial intelligence which continues to help advance financial systems today.
4. Economics
An economics major is one of the best double majors with finance for students interested in economic forecasting and financial consulting or advising. An economics and finance double major covers economic behavior, financial markets, and more.
5. Marketing
Anyone interested in working with the marketing or financial department of an organization should consider a finance double major with a marketing major. Marketing departments collaborate with financial departments for an appropriate marketing budget.
The job outlook for marketing and finance double majors is excellent. The US Bureau of Labor Statistics projects employment for most related careers to rise. Example careers include:
- accountant
- financial consultant
- marketing manager
- financial advisor
6. Mathematics
A strong background in mathematics provides additional skills to solve financial problems. Students interested in pursuing quantitative and financial or technical careers may benefit from a finance and mathematics double major.
7. Psychology
A finance double major with a psychology major is worth it for students who want to pursue a career as a:
- financial coach
- financial planner
- investment advisor
Such professions involve understanding the human mind to effectively produce a realistic approach to a financial situation.
Finance Double Majors FAQs
The FAQs below contain more information about finance double majors.
Do I Need To Complete Internships For Both Majors?
Internships are not always a requirement for degree programs. However, if available, students should complete internships in both majors to gain practical experience for deciding on a career path.
What Are the Benefits of Double Majoring With Finance?
Double majoring with a finance major has educational, personal, and professional benefits. Examples of the benefits include:
- Educational benefits: Advancing your education in more than one area of study
- Personal benefits: Exploring a field of study for personal interest or applying knowledge and skills to personal life situations.
- Professional benefits: Changing careers without another degree and enhancing career options
Will a Double Major With Finance Improve My Career Outlook?
Double-major graduates have more career options. A double major with a finance major will improve your career outlook by widening the market of your job search. Employers respect double majors because they show determination and commitment to learning valuable skill sets. A double major with a finance major also improves the career outlook of students looking to advance their careers.