Degree

Finance Degree: Definition, Types and Careers

A finance degree is a type of academic degree awarded to students who have completed a formal finance-related degree program at a college, university, or business school. Degree programs in this area rarely focus on one particular area of finance. Instead, students study a range of finance-related topics, including accounting, economics, risk management, financial analysis, statistics, and taxation. 

Types of Finance Degrees

There are four basic types of finance degrees that can be earned from a college, university, or business school:

  • Associate Degree: An associate degree with a focus on finance can usually be earned in two years or less. An individual with an associate-level finance degree can often get entry-level positions at a bank or accounting firm, but may need a more advanced degree for supervisory or management positions. 
  • Bachelor Degree: A bachelor degree in finance can usually be earned in three to four years. This degree is required
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Best Jobs for Graduates With a Finance Degree

If you’re intrigued by the financial markets, stocks, bonds, and other investment vehicles, and you also like to think about numbers, then a finance major is worth considering. Read on to learn about the top jobs for college graduates with a finance degree.

Skills Acquired by Finance Majors 

Finance majors develop analytical skills in order to dissect financial statements and appraise the financial standing of companies, municipalities, and other entities. They can assess the quantitative and qualitative dimensions of business problems and evaluate the financial implications of corporate and individual actions.

Graduates with a degree in finance also acquire the ability to deal with spreadsheets and with other software used to process and represent financial data. They learn to present financial information to clients and colleagues with varying levels of financial sophistication. 

An academic background in finance can be applied to a broad range of careers in virtually every industry.

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