A Bachelor of Science in Finance (BSF) is an undergraduate degree that generally takes four years to complete. Undergraduate students will take general education courses in business, mathematics, statistics, and financial management. Graduates of an accounting program are often prepared to enter-level careers in a wide variety of industries including banking, investing, insurance, accounting, payroll, and public accounting. An accounting program also provides an excellent foundation in business management and business law, and may be an ideal choice for working professionals or people with other career goals.
A Bachelor's degree program in finance includes a major in business administration, which prepares students for a career as an accountant, financial planner, or an investment advisor. In addition to this major, the student may choose to enroll in a specialization in finance such as taxation, economics, or banking. The student may also select a general education course from a curriculum that provides a broad overview of financial theory, including business theory and the theory of investment. Other general education courses include calculus and algebra.
After completing the undergraduate degree, students will be able to apply their theoretical knowledge and practical experience in a specific area of finance. These areas may include investment planning, financial analysis, accounting, or auditing.
Graduating with a B.S. in finance can open many career opportunities; most employers prefer those who have earned a B.S. degree from an accredited institution. Many employers look for candidates with undergraduate degrees in finance. However, there are still some areas in the finance field that are especially competitive, so it is still important to apply for and continue a job after graduating.
The Graduate Programs in Financial Accounting and Auditing, also known as GMFA, is a program for students who wish to specialize in accounting and auditing. It is ideal for those who would like to enter the accounting field without having a background in accounting. This program emphasizes analytical and financial skills as well as accounting and auditing knowledge. Graduates can work with a project manager to assist in managing the organization's finances.
In addition to the Bachelors, a student may wish to earn a Master's degree in finance. This degree will be necessary for those wishing to begin professional careers in investment banking, investment management, or other areas of accounting. It is also very beneficial to those with an accounting background because it prepares graduates for future management positions. as well as advanced degrees in business.
Those wishing to further their education may earn a Master's degree in finance or specialize in their areas of interest. One may also want to earn a Doctoral degree in finance, or even a PhD. This doctorate program in finance focuses on research methodology and educational reform.
When choosing the right BSC program, consider the financial needs of your career. If you already have an accounting background, it may be best to take a Bachelors degree in finance. However, if you wish to advance your education and earn more, consider a more specialized program in finance.
Before applying to any BSC program, it is important to meet with your prospective schools and interview them individually to see what type of curriculum they offer. You must also interview the admissions counselors of each school to ensure they are experienced and qualified. Ask them questions regarding the curriculum and coursework requirements for the degree program.
Most students online will be required to take a standardized test to assess their knowledge and abilities. Although it is not required, you may want to take this test in order to show potential employers that you know what you are doing when it comes to accounting and financial matters. Be sure to bring your computer with you to the interviews to take advantage of pre-employment tests.
A student must also complete a thesis or dissertation in order to graduate. Students must submit their completed dissertation to their college to complete their degree program.
As you can see, earning a Bachelor's degree in finance requires more than just getting an accounting or finance degree. There are many steps to completing your degree and the time required to finish the degree depends on your personal career goals.