A Bachelor of Business Administration (BBA) in Banking program can provide the skills needed to work in retail, commercial or private banking. Students develop management and analytic skills and learn to work with various financial tools and services, such as regulatory agencies and global markets. Students can be individuals looking to enter the banking field who have a high school diploma and analytical skills or professionals who already hold a position such as bank teller and are looking to advance in their careers. Those looking to continue their education can complete a master's degree.
Bachelor's Degree in Business Administration
In these programs, students learn about the many facets of banking. Some curricula include a business core. Class topics in banking are likely to include:
- Investment management and theories
- Financial institutions
- Real estate finance
- Bank management
- Financial statement analysis
Popular Career Options
A variety of careers are available to graduates of this program, depending on their area of interest in the banking industry. Possible careers include:
- Branch manager
- Commercial lender
- Financial analyst
- Financial planner
- Credit analyst
- Operations manager
- Bank examiner
Employment Outlook and Salary Information
A 4% increase in employment was projected for the 2019-2029 period for personal financial advisors, according to the U.S. Bureau of Labor Statistics. Loan officers were to have a 3% career rise for the same time. As of May 2020, the mean salary for advisors was $122,490, while loan officers made a mean salary of $76,930.
Continuing Education and Certification
People who wish to advance in the banking industry often obtain a Master of Business Administration (MBA) degree. Typical careers in which an MBA is appropriate include accountants, budget analysts and auditors.
Programs are also available for those who want to enhance or update their skills or gain certification in their particular profession. For example, professionals who work with loans can pursue the Loan Review Certificate program offered by the Bank Administration Institute. Mortgage bankers who meet the required experience and education can take the exam needed to earn the Certified Mortgage Banker credential issued by the Mortgage Bankers Association.
Students seeking a career in the banking industry can complete a bachelor's degree program in business administration. Through this program, students will be exposed to courses teaching them about lending, bank management, finance, investing, and more.