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.
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 a median wage of $88,890 yearly as of May 2018, the U.S. Bureau of Labor Statistics (BLS) reports. The same segment of loan officers made $63,040 per year at that time, while financial analysts earned annual median salaries of $85,660.
The BLS additionally lists job growth projections of 7% for personal financial advisors and 8% for loan officers between 2018 and 2028. During the same decade, financial analysts are expected to see a 6% 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.
Students in finance BBA programs explore the domestic and global aspects of trade and related economic affairs. Obtaining this degree can prepare students for financial advisory positions. Graduates can also consider obtaining master's and doctoral degrees in finance, as well as getting professionally certified for career advancement.