Online training programs in global finance are available as bachelor's degree programs in financial management with global finance coursework. Online graduate certificate programs, often designed to supplement a Master of Business Administration program, are also available. At the master's degree level, online Master of Science in Finance programs may offer international finance and investing coursework. Some programs are offered in a hybrid format, while others are online only. For master's degrees and graduate certificates, an undergraduate degree is required.
Global Finance Bachelor's Degree
While online global finance bachelor's degree programs aren't readily available, there are online Bachelor of Science programs in financial management that allow students to specialize their studies through international or global finance coursework. These programs are ideal for those interested in learning how to manage investment decisions. Not surprisingly, students need an aptitude for math as well as strong analytical skills to succeed in these programs.
Program Information and Requirements
Curricula for many of these 4-year programs are offered entirely online. Online courses often operate on a weekly assignment deadline, instead of daily. Contributing to a discussion board is typically required. Other types of courses are blended and require students to meet on campus once a week and complete the remaining assignments or project collaborations from home.
Financial management bachelor's degree programs often include general education curricula and basic business courses in micro and macroeconomics, statistics and accounting. Elective courses and a finance core make up the rest of the program requirements. Sample course descriptions are listed below:
Course topics teach students how to recognize the risks associated with certain types of investments, such as stocks, options and bonds. Students might also be tasked with monitoring current economic conditions in order to evaluate a mock portfolio.
Students explore techniques for assessing the value of an organization and forecasting its performance. Special attention is paid to multinational corporations and markets.
International Business Management
This course examines the political, social and legal factors that come into play when conducting business with corporations overseas. Students also compare domestic and international business practices.
Global Finance Professional Certificate
Online certificate programs covering topics in global finance are often geared toward working professionals who'd like to learn more about this field, typically to advance their careers or supplement their Master of Business Administration (MBA) coursework. Some programs admit applicants provided they have adequate work experience in the banking, finance or accounting fields. Others offer open enrollment to all interested students.
Program Information and Requirements
The time it takes to complete one of these programs is relatively short. Some schools offer courses that can be completed entirely online in as little as 2 months. Assignments and readings are often due on a weekly basis. Students might also be required to periodically submit posts on course discussion boards or pass an assessment when coursework is completed.
Students in global finance certificate programs might take anywhere from 3-5 graduate-level courses. Sample topics of study are listed below:
This introductory course teaches students how to evaluate financial statements and credit analyses as well as estimate cash flows. Other topics of study include techniques for valuing capital projects and performing a working capital analysis.
Global Financial Management
Students in this course study more advanced topics, including risk management strategies and methods for calculating inflation differentials for foreign currency. The management of debtor and creditor accounts is also discussed.
Futures and Options
This course familiarizes students with the markets trading these particular derivative securities. Topics of study include pricing formulas and valuation techniques.
Global Finance Master's Degree
Global finance master's degree programs typically require students to complete extensive study abroad, whether to work alongside executives in other countries or observe the business negotiations of multinational corporations. As a result, these programs aren't usually offered online. However, there are related online Master of Science in Finance programs offering concentrations or coursework in international finance and investing. These degree programs teach students how to assess the risks associated with international business transactions and foreign markets as well as evaluate investment decisions.
Students entering these programs will need a bachelor's degree. A resume detailing work experience may also be required. Similar programs in business administration or management might also offer finance specializations or coursework.
Program Information and Requirements
These graduate programs require roughly 50 credit hours of coursework that can be completed entirely online via course management systems. Many schools offer distance education students some of the same resources available to traditional students, such as library resources, advising and disability services.
Coursework often includes a handful of core courses in accounting, economics and statistics. The remaining curriculum consists of finance courses that range from topics in financial policy and administration to capital markets and budgeting. A few of the more common course offerings are outlined below:
This course focuses on the financing of foreign trade. Methods for evaluating an organization's credit and calculating the associated risks are also discussed. Some courses include an additional focus on financing for multinational corporations.
Financial analysis courses familiarize students with accounting statements and procedures. Topics of study might include methods for using internal audits to evaluate a company's performance.
This course often provides students with a capstone experience. They can study current financial theory or research topics of interest, such as the role taxes play in investment decisions.
Securities, commodities, and financial services sales agents typically need a bachelor's degree for entry-level positions and a master's degree for more advanced positions. Personal finance advisors and financial analysts typically need a minimum of a bachelor's degree, and a master's degree is often required for advancement.
Jobs in financial analysis or personal financial advising are among the employment options available to graduates of financial management bachelor's degree programs. They may also pursue jobs as securities, commodities and financial services sales agents, though registration and licensure through the Financial Industry Regulation Authority is necessary for a career in this field.
As of May 2018, these sales agents earned an average salary of $98,770, according to the U.S. Bureau of Labor Statistics (BLS). Financial analysts made average salaries of $100,990, while personal financial advisors earned an average of $121,770 per year.
The BLS reported favorable employment prospects for all of these careers. Financial analysts and personal financial advisors could see job opportunities increase by 6% and 7%, respectively, over the 2018-2028 decade. A 4% job growth was forecast for securities, commodities and financial services sales agents over the same period.
Graduates of global finance certificate programs can also pursue jobs as financial analysts, personal financial advisors or securities, commodities and financial services sales agents. If they have sufficient work experience, they might also find employment as financial managers. While a 16% employment growth was forecast for these professionals over the 2018-2028 decade, they earned mean salaries of $146,830 as of May 2018, according to the BLS.
Career options for students who complete global finance master's degree programs are the same as for those who earn a bachelor's degree or graduate certificate. However, holding an advanced degree could qualify professionals in this field for advanced positions or help them get a leg up over applicants who only hold a bachelor's degree.
Continuing Education Information
Students who complete financial management bachelor's degree programs could pursue graduate training in any number of fields. These include certificates and master's degree programs in accounting, business administration and finance, all of which are available online. Graduates of global finance certificate programs can pursue an MBA. These degrees are readily available online, often at the same schools offering certificate programs.
Online bachelor's degrees, master's degrees and graduate certificates in global finance will typically focus on investing, financial analysis, and global finance management, regardless of the program level. There are a number of career options for graduates, especially within the personal financial advisor field, which is expected to see huge job growth over the next ten years.