A College degree as the Starting Point of Your Finance Career

‘Dreams and desires.’ These two form a major part of our lives right from schooling until we complete our college/ university education and earn a suitable career. We will land a career of our dreams only when we educate ourselves by enrolling in the right course at the right time and most importantly, with the right foresight.

What we want to become in life or what we want to do with our life is one question which travels with us throughout our life. To know the right answer, one needs to understand his/ her skill sets and potentials. Once this puzzle has been cracked, the perfect path would be to choose the right areas of study. The degree that one aims to study and the college that one aims to pursue it in, is very important to have a successful career in future.

As we are aware, the popular specializations available are Human Resources, Marketing, Finance, Operations and Systems. To bag the proper career for each, we need to make sure we study the right courses in reputed institutes. Today, as the title suggests, this article will provide insights into the importance and benefits of a college degree to succeed in your financial career.

The term ‘Business’ is a world by itself. It is one of the strong factors which is ruling the financial market. In today’s scenario, the field of business is becoming very intense and competitive. Competing firms put to use various cut-throat strategies to survive in the market. Finance is a high-powered field andstands as the perfect example for competitive business. Earning a degree, be it Bachelor or Master’s, is very important to launch a career in any field and is more a necessity if you are thinking of finance as your career.

One great aspect of finance is that each subfield is inter connected. This helps make your skills apply to a broad range of potential positions. One has the option of focusing on a specific area right away, such as accounting or finance or choose a bachelor’s program that will impart a base of general knowledge before you decide on a focus. Earning a degree opens up avenues and opportunities. To be more specific, one has to graduate in business, statistics, economics or maths as those involve dealing with numbers and figures. It will be useful to take decisions and recommendations.

To make your decision easy, I present to you the various courses to studyin your Bachelor’s and Master’s degree for the best career in finance.

Core and major courses of a Bachelor’s programme

• Principles of business
• Introduction to business law
• Micro and macroeconomics
• Introduction to human resource management
• Fundamentals of management
• Fundamentals of marketing
• Introduction to project management
• Managerial accounting practices
• Introduction to corporate finance

Post graduate courses

• Management of human resources
• Organizational change
• E-Business
• International business communications
• Statistics: Data-driven decision making
• Organizational behavioral principles
• International business practices
• Legal and ethical environment of business
• Business strategy
• Marketing and the virtual marketplace
• Ethics

Now, let’s focus on the importance and benefits of a degree to kick start your career

• A college degree will equip one with the required skills which will help translate directly into entry-level positions
• It paves career tracks in banking, accounting and tax preparation
• Graduates earn the gift of being qualified for a wide range of opportunities in public, private and not-for-profit organizations
• Earning a Master’s degree in Finance helps one earn the competitive edge in the financial industry
• It opens avenues for one who is passionate about teaching or research through the option of a PhD in Finance
• It helps you land in a career in areas such as financial planning, commercial banking, investment banking, money managing, insurance and real estate
• It helps develop reasoning skills which help take life decisions and improve self- discipline and study habits
• It paves the path to earn the best pay packages

For a fruitful career in finance, a college degree is the starting point because no company hires someone who is a school passout with improper training to deal with other people’s money. Jobs in this industry are extremely lucrative. That said, what are you waiting for? Just go out there, get the proper degree and earn the best remuneration!