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Dreaming of a career in finance or starting your own financial firm? The financial industry is one that has a lot of money to be made, and some excellent opportunities for progression. However, in order to get a good career in finance, you’ll likely need to complete a relevant degree course first – unless you’re already a math genius. If you’re about to go through the process of applying to university, choosing the exact course that you’d like to apply for in order to progress into a career in finance can be a tough decision. That’s why we’ve come up with some of the best degree courses for those interested in a career in finance.
Accounting and Finance
Accounting is one of the most popular degree choices for those looking for a career in finance. Not only do you learn all about the math side of things, but it’s good for those needing to learn more about the business side of working in finance, covering areas such as payroll and tax. A degree in accounting in finance will enable you to pursue a career as an accountant in many different areas of the financial industry.
Mathematics
It makes sense to complete a math degree if you’re pursuing a career in finance. Although math doesn’t specifically look at any business topics, there are many financial careers available for mathematics graduates. Math graduates can get jobs in banks, large financial institutions, and as consultants. It’s also an excellent base for specialising as you will have many options for further study once you’ve graduated from a mathematics degree.
Business and Financial Management
Some universities offer a business degree which specialises in financial management, such as a California MBA online. This is an ideal choice if you’d like to set up your own financial company one day, or are looking for a financial management position at a large company. You’ll learn about accounting and economics, as well as business essentials such as marketing and management.
Economics
An economics degree is a great choice of course if you’re looking to boost your employability in not just the financial sector but many other industries. An economics degree will enable you to develop specialised analytical skills and give you the qualification needed to become a professional economist. Economists work for the government, banks, insurance companies, financial companies, accountancy firms, and more.
Business
If you want a career in finance but also want to be involved in entrepreneurship and business management, a business degree will cover every aspect of launching, running or managing a business – with financials included. Having a business degree will also give you the qualifications needed to start your own financial company, manage a financial company or simply work for one. With the degree being so versatile, you could also go into any business industry should you change your mind about finance.
Of course it’s also important that you get relevant experience and show an interest in finance before applying. One impressive way to do this is to trade on the Forex market, or look into finding a broker to participate in spread betting which will give you the edge over other applicants.
I never had a lot of interest in business when I was younger. But now that I’m in my 20’s, I’m falling in love with the idea of opening my own book store and cafe. Should I focus on business management and accounting?
Hi Jenn. I think starting with a general overview of business, including accounting, would be good. Some schools also offer courses specifically in entrepreneurship that you may want to consider. Good luck with your future business!