A Bachelor's in Finance is arguably the most lucrative entrance-level position for most professions, and it is the same for financial professionals. While an associate's degree can net you a few more lower-level jobs, most job in finance requires at minimum a bachelor's degree, which is the preferred educational level for many career opportunities.
When you enter the financial profession, it is important to understand that your education will not make you into a financial expert overnight. The first year of study will likely focus on general courses and the first year of employment will likely be spent working towards your bachelor degree and furthering your knowledge of your chosen discipline. Those who have already graduated and are ready to start their careers in finance can expect to spend approximately four years in the field.
The first year of training in financial management generally covers accounting, economics, financial management and business law, as these are the three main areas that form the basis of financial management. The following two years focus on courses such as financial reporting and management, financial analysis, corporate finance, investment banking, insurance law, and financial portfolio management.
After completing your Bachelor's degree in finance, you will have to sit for the GMAT and pass it with a high score. You will have to attend graduate school if you are going to study for a Master's degree or PhD in finance. To become a successful financial planner, you will need to have either a Masters or doctoral degree. Many financial planners choose to go on to open their own consulting firms while others work for banks and investment firms.
For those wishing to enter the professional life of finance, you will likely take additional education to advance your credentials. In addition to your Bachelor's degree, you may choose to take courses in advanced mathematics, statistics, business, international relations, international business, investment management, accounting, economics, and real estate. You will also have to take a course in business ethics which focuses on the legal obligations that a professional in the financial world must adhere to.
Career paths in finance can be a rewarding and fulfilling career. If you are interested in entering the executive position, it is necessary to go through a rigorous program to get hired and retain a spot in the company. As an executive, you will most likely serve as a liaison between the investors and the management of the financial organization. Your role and responsibilities are to help guide and coordinate the processes of the firm and . . . . . . help them determine their future growth.