Much of the coursework in a business finance bachelor's program is interdisciplinary, covering topics in economics, mathematics and the social sciences. Programs also discuss risk management, insurance and the banking industry. A high school diploma is required for admission. Applicants to finance bachelor's degree programs need to have strong mathematics skills, so taking any available advanced courses in algebra and calculus is advisable.
Bachelor of Business Finance Degree
Some finance bachelor's degree programs let students specialize in business finance. Classes cover the financial history and theories, as well as the practical skills needed to manage business assets. The topics below are usually covered:
- Business statistics
- Financial principles
- Financial markets
- Finance for small businesses
Popular Career Options
People who earn a B.S. or a B.A. in finance are qualified for jobs in the finance department of large or small businesses. Some graduates also join financial consulting firms, working with several businesses. The careers below are common options:
- Corporate portfolio manager
- Corporate investment expert
- Financial services expert
Salary and Career Information
The field of finance encompasses a variety of occupations. One job within this field is in financial analysis. The U.S. Bureau of Labor Statistics (BLS) reported in 2020 that financial analysts earned a median salary of $83,660 annually. The BLS estimates a job growth of 5% for these workers in the years 2019 through 2029.
Continuing Education Information
Many schools offer graduate programs in finance that allow students to specialize in corporate finance, real estate, private equity, or business administration. Students in these programs study advanced topics in investing and money management, and often complete substantial theoretical instruction.
The Chartered Financial Analyst (CFA) Institute offers voluntary certification to those who have at least a bachelor's degree and four years of financial employment experience ( www.cfainstitute.org). To become chartered, analysts must pass three comprehensive written exams. People who work in securities may be required to earn a license from the Financial Industry Regulatory Authority (FINRA) when first starting in the industry (www.finra.org').
For students interested in a degree program within the business field, a bachelor's of science or a bachelor's of arts are available. After learning skills relating to investments and insurance, graduates will be prepared for a career as a corporate portfolio manager or investment expert.