Business Finance Major
You can study a business finance major if you want to work in the field. The first class you take in school is usually your sophomore year. It involves a lecture course covering a variety of topics including bonds, stocks, and interest rates. In addition to classroom discussions, you may also read articles and books about financial matters. Taking a business finance major is not for everyone. For example, you may be surprised to learn that the average business owner has a net worth of around $4 million.
Careers in business finance
Several fields offer a rewarding career for people with a background in business finance. For example, corporate banking offers a variety of financial and banking services for corporations. Such services include foreign exchange strategies, asset securitization, equipment leases, term loans, and more. Career options in this area include relationship manager, underwriter, and financial analyst. Various skills are required in this field, including financial analysis and communication skills.
A career in finance typically requires advanced mathematics skills, a strong working knowledge of statistics, and a thorough understanding of economics. In addition to practical skills, a business finance major also builds a student’s knowledge of economics, accounting, psychology, and communication. With these skills, they are well-equipped to pursue a career in any aspect of business. And, if you’re looking for a higher-level position, a master’s degree is a great option.
Job outlook for business finance majors
Careers in business finance are expanding at an accelerated rate. Demand for financial analysts is increasing, with the job outlook for finance professionals predicted to grow by 30 percent between 2014 and 2024. Many young workers take advantage of retirement plans offered by their employers to wisely invest for their futures. However, few companies provide investment advice to their employees. These employees must turn …