Finance degree: A finance degree includes coursework in accounting, statistics, economics, and business law, opening doors to exciting and lucrative career paths. In finance, professionals manage money and advise their clients on investment strategies.
In finance, professionals manage money and advise their clients on investment strategies. Professionals with a bachelor of finance degree work as financial analysts, personal financial advisors, and investment analysts. Many of these careers offer above-average salaries and strong projected job growth rates.
After earning a bachelor of finance degree, finance professionals can advance their careers by pursuing master’s programs or professional certification. This guide provides information on several high-paying careers available to finance majors.
List of Finance Degrees
- Associate Degree in Finance
- Bachelor of Finance Degree
- Master’s Degree in Finance
- Doctoral Degree in Finance
Finance Degree Jobs
If you’re intrigued by the financial markets, stocks, bonds, and other investment vehicles, and you also like to think about numbers, then a finance major is worth considering.
If you’re a student or recent graduate, your finance skills will help you get hired for these professions. Read on to learn about some of the top jobs for college graduates with a finance degree.
- Financial Planner
- Financial Analyst
- Investor Relations Associate
- Budget Analyst
- Credit Analyst
- Commercial Real Estate Agent
- Business Teacher
what can you do with a finance degree?
When it comes to careers in finance, there are myriad options that only increase as you gain more education and on-the-job experience. In the field of finance, there are three main categories of the industry: public, corporate, and personal. From financial planning to investment banking to insurance, people who pursue careers in finance power the world. Pursuing a bachelor of science in finance is the first step to unlocking your finance career potential. In this article, we will discuss the different types of finance degrees, careers in finance, corresponding salaries, and skills for finance majors.
Finance Degree Salary
What is the average salary that a finance major can expect? At first glance, it doesn’t appear that a degree in finance is the ticket to a career with stellar pay. The average recipient of a bachelor’s degree in finance takes in $63,844 a year, according to the website Payscale. When you consider all bachelor degree recipients, the median (half earn less, half earn more) is just slightly lower: $61,900.
A personal financial advisor’s median annual compensation is $87,850, according to the U.S. Bureau of Labor Statistics (BLS). What’s more, employment within the field is expected to increase by 7% between 2018 and 2028, faster than average compared to other fields.
Corporate Finance Professional
Those who work on the treasury team, for example, help the company manage its cash, develop a strategy for short-term investments, and analyze foreign exchange (forex) transactions. A job as a treasury analyst pays $58,290 a year on average, according to Payscale. However, corporate treasurers, who have more experience, make an average salary of $118,704.
Individuals who develop this expertise typically make a good living, with the average wealth management professional enjoying a base salary of $75,641, according to the job-search website Glassdoor.
The median pay for analysts in 2018 was $85,660 per year, according to the BLS. However, working for large Wall Street banks can be even more lucrative. Professionals there often start out making between $100,000 and $125,000, according to the job site WayUp.