How do I decide between an undergraduate degree in international finance & banking and one in business management?

Question:

How do I decide between an undergraduate degree in international finance & banking and one in business management?

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Answer:

While both international finance and banking and business management degrees will have business education coursework in common, each has a specific focus on different aspects of the business and finance world. Finance and banking degrees include coursework on international finance, econometrics, corporate valuation, impact investing, international banking, and principles of marketing. Business management degrees include coursework in public finance, international finance, statistical methods in business, operations management, and supply chain management. While both degrees would apply to broad business professions, employers may be looking for graduates who have specialized work, internship, or practical experience in order to fill entry-level positions.

According to Payscale.com, graduates with degrees in international finance earned an average salary of $76,378 while graduates with degrees in business management earned average salaries of $67,633. The U.S. Bureau of Labor Statistics has indicated that professions in the securities, commodities, and financial services will increase by 4% between 2018 and 2028 while professions in the business and financial industries will increase by 7% between 2018 and 2028.

For more information about business degrees, check out this article: Business Degrees that Pay Well

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