Finance Major
What is Finance?
The field of finance considers how businesses
raise, spend and invest capital; how individuals and firms
allocate their resources among varying investment alternatives;
and how financial markets function. Finance is all about
creating value. Both individual investors and corporate
managers try to identify investment opportunities in financial
and real assets that will create value for themselves,
or their firm's investors. In competitive global markets,
creating value is very hard to do. Yet, this is what makes
Finance both challenging and fun, and why a degree in
Finance can lead to a career that is both satisfying and
lucrative.
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What are Some Specializations Within
this Broad Major?
MyMajors.com cannot pinpoint your interests
beyond recommending this general major. Various specializations
related to this major may be offered by colleges and universities.
These specializations may be of greater or lesser interest
to you. A few of the specializations related to this field
include, but are not limited to:
Corporate
Finance |
Individual
Finance |
Financial
Institutions |
Economics |
Accounting |
Financial
Management |
Insurance |
Real
Estate |
Investment
Banking |
Business
Law |
Business
Strategy |
Banking |
Financial
Analysis |
Other
Core Business Courses |
|
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What Kinds of Students Major in
Finance?
Students who are aiming at a career
in business and who enjoy number, analysis, and "real
world" applications will appreciate this major. Finance
graduates take jobs that are involved in major tactical
and strategic decisions for their companies. This major
requires strong mathematical and computer skills and interests.
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What Courses Do Finance Majors Take?
The required and elective courses you
would take for majors vary considerably among institutions.
Courses are listed here that are illustrative of the breadth
of topics you are likely to experience were you to major
in this field.
Core
Business Courses |
Corporate
Finance |
Statistics |
Individual
Investment |
Bonds |
Portfolio
Management |
Economics |
Governmental
Finance |
Monetary
Institutions and Policy |
Financial
Reporting |
Econometrics |
|
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What Types of Positions do Finance
Majors Take After College?
These professions and professional organizations
illustrate the types of positions you might qualify for
if you complete this major. Some majors are more directly
related to employment than others, however. You should
consider the likelihood of employment after graduation
carefully, if you do not plan to go on for graduate work
in a field. Even with the completion of graduate work
in some fields, however, employment is difficult, so you
should determine what the prospects are for this or any
major. Employment possibilities are often enhanced by
the selecting employment-related courses and by the enrollment
in second major or in a minor.
Consultant |
Long-Range
Planner |
Bond
Broker |
Financial
Analyst |
Investment
Banker/Broker |
Venture
Capitalist |
General
Management |
Corporate
Finance |
Portfolio
Management |
Retail
Financial Services |
|
|
Are you interested in detailed information
about the forecasted demand for a particular profession?
Are you interested in the estimated salaries such positions
are likely to pay? This government Web site allows you
to search on a particular job, whether listed here or
not, to give you this information.
Bureau
of Labor Statistics
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Related Links
If you are interested in learning more
about what professionals in this field do and what kinds
of activities they engage in, you might want to begin
with the following web sites. Also check the departmental
web sites of colleges and universities, which offer this
major.
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University Departments to Consider
The following institutions are the featured
institutions on MyMajors because they support MyMajors
and you in your search for the best major available. They
offer excellent curriculums in well-rounded programs for
you to consider.
Other fine institutions offering this
major offer excellent programs to consider.
University
of Nevada, Reno (NV),
Finance |
Suggest to your university advisor
that your institution's institution can show you
its course requirements and unique resources.
University and college representatives should
contact admin@mymajors.com for details. |
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Two-Year College Curriculums to
Consider
Suggest to your two-year college
advisor that their institution's majors be included
to show you their course requirements and unique
resources. Two-year college representatives should
contact admin@mymajors.com for details. |
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Want
More Information? Look at major descriptions prepared
by university academic advisement staffs.
