Careers in Finance
Those pursuing an online finance degree will learn the skills needed to manage and make money for large corporations, small businesses and individual employers. Responsibilities will vary depending on exact job titles — financial manager, financial analyst, or personal finance advisor, for example — but duties generally include producing financial reports, proposing long-term and short-term financial goals, and determining proper investments for the employer.
While most finance-related careers are expected to be promising within the next decade, personal financial advisors are predicted to see the most growth with a 32% increase in employment opportunities, according to the U.S. Bureau of Labor Statistics (BLS). Salary is determined by level of experience, education, and location, but personal financial advisors earned an estimated $74,350 in 2010 the latest statistics from the BLS show.
Required Education for Finance
A bachelor’s degree in finance is typically what’s needed for any finance-entry level job in banking, investment, insurance and brokerage firms just to name a few. Bachelor degree classes will naturally include math, business, and finance-based course work such as investments, money markets, risk management, basic accounting, business ethics, even real estate. Graduate-level programs in finance typically still focus on these subjects, but also delve more deeply into them to provide students with greater understanding of the complexities in the finance field. An online finance master’s degree may help you earn a higher paying position right after graduation because a proper education can help you lay the foundation that you need.