Bachelor of Business Administration (BBA) Finance Degree Overview
A degree program that culminates in a Bachelor of Business Administration in Finance can provide future financiers with an in-depth understanding of the many ways in which financial professionals handle stocks and bonds, domestic issues, international finance issues and currency risk. Enrolled students are exposed to the most recent field technologies, which can augment their ability to gather and assess information.
Within a Bachelor of Business Administration in Finance program, students are taught to make informed predictions and forecasts about insurance and investments. They also gain practical and theoretical knowledge of various financial components, such as investments, financial engineering, portfolio management, corporate finance and international finance.
Some curricula include an internship component, and most have a business administration core. In general, a student seeking admission into this degree program needs to have earned a high school diploma or a GED.
- Prerequisites: High school diploma or its equivalent
- Other Requirements: Internships are commonly required
Bachelor of Business Administration in Finance Degree
Bachelor of Business Administration in Finance programs aim to give students a fine-tuned understanding of how domestic and global finances work. General education requirements must be met in addition to the finance major courses. Common courses in the major can cover topics such as:
- Financial statement analysis
- International finance and trade overview
- Commercial bank management
- Real estate investment
- Risk management
Popular Career Options
Program graduates can seek employment in multiple professional settings, since finance professionals are necessary in a wide variety of businesses and organizations. Graduates can find careers in payroll, real estate, budget analysis, investor relations and financial reporting, among other areas. They may fill such roles as:
- Personal financial advisor
- Loan officers
- Financial analysts
Career and Salary Outlook
The middle 50% of personal financial advisors made between $52,590 and $139,350 yearly as of May 2014, the U.S. Bureau of Labor Statistics (BLS) states on its website. The same segment of loan officers made $44,400-$89,970 per year at that time, while the middle half of financial analysts earned annual salaries of $60,350-$106,640.
The BLS additionally lists job growth projections of 27% and 8% for personal financial advisors and loan officers, respectively, between 2012 and 2022. During the same decade, financial analysts are expected to see a 16% rise in employment, the BLS indicates.
Continuing Education Information
Graduates can go on to earn higher-level degrees through Master of Business Administration in Finance or Ph.D. in Business Administration programs. Depending on the career and employer, licensure may be necessary. For example, financial analysts may need to go through the Financial Industry Regulatory Authority after getting sponsored by their company. With the appropriate education and work experience, financial professionals can also earn certification for advancement, such as the Chartered Financial Analyst (CFA) credential through the CFA Institute or the Certified Financial Planner designation through the Certified Financial Planner Board of Standards.