Fully online bachelor's degree programs in finance are often offered as a Bachelor of Science or a Bachelor of Business Administration. Some programs may require on-campus participation for select finance coursework. It is possible, though, to earn a bachelor's degree in finance entirely online. Courses examine taxation, investment management, valuation, financial strategies, security analysis and global finance. Graduates may look for work as financial and investment managers and analysts. Prior to enrollment, students must be sure that their computer is compatible with the school's online delivery method of course materials.
Bachelor's Degree in Finance
An online bachelor's degree program in finance teaches students about financial management, analysis and planning. Many programs focus on corporate finance, banking and risk management, but students also learn about investing and portfolio management.
Program Information and Requirements
Online bachelor's degree programs in finance usually work the same as a typical 4-year undergraduate course of study. Students in an online finance bachelor's degree program interact with classmates and teachers through online message interfaces and e-mail. Lectures are delivered through streaming or downloaded video. A computer system with Internet access and compatibility with the school's preferred delivery method is necessary.
Students in an online bachelor's degree program in finance take courses that teach them how to analyze risk, make decisions on investments and create analytical tools. Finance programs also require students to learn about the role of finance in society and the role of government regulations and agencies.
A business finance course teaches students about the responsibilities of a financial manager in a business. The course covers financial resources, including debt, equity and assets.
Finance students take a banking course to learn about the function of banks in business and society. Topics covered include bank liabilities and assets, interest rates and the role of the Federal Reserve.
Financial analysis coursework includes discussions on portfolios, budgets and investments. Students learn how to analyze resources to make decisions and assess risk for both long-term and short-term investments.
Corporate finance courses teach students about budgeting and financing capital. The online course also discusses using capital to increase share value. Students learn how to create and use financial analysis tools to aid in the decision-making process.
An investments course looks at stocks, bonds and securities, and students learn about the role of investments in a portfolio. Students study risk, return and investment tool analysis.
Graduates of an online bachelor's degree program in finance might work in such careers as financial analysis, investment and financial management. They can work in many fields, including the corporate, non-profit and government sectors. These professionals are sometimes called controllers, treasurers, credit managers or financial officers.
According to the U.S. Bureau of Labor Statistics (BLS), financial analysts and financial managers were expected to experience a high level of competition in the job market between 2018 and 2028; financial analysts were expected to have an average 6% rate of job growth during the same period (www.bls.gov). PayScale.com reported in November 2019 that those holding a bachelor's degree in finance made $70,000 on average. Financial analysts made an average salary of $100,990 as of May 2018, per the BLS.
Continuing Education Information
The BLS noted that many employers are increasingly looking to hire finance professionals who have earned a master's degree, which can also be pursued online. Professional certification is also an asset for many positions. The American Academy of Financial Management offers continuing education courses and certifications for asset managers, portfolio managers, wealth managers, financial planners and more. Additionally, the CFA Institute offers a directed self-study program and exams that result in certification as a chartered financial analyst.
Overall, online bachelor's degree programs in finance offer the same comprehensive overview of the field as their on-campus counterparts. As a result, graduates are ready to take on financial positions in a wide range of industries or to continue their education in a master's degree or certification program.