BENEFITS OF STUDYING FINANCE

When one is entering college, the most important decision one has to
make is deciding what field of study they want to pursue. If you choose a
business with a major in finance, it will not only benefit you in acquiring a
job but will also provide you with knowledge that you need to obtain a
career in these areas. Studying finance, you will learn how to fund your
money properly. You will have knowledge on how to invest your money
wisely and save it and you won’t need to pay a financial advisor to do so.
Companies worldwide are looking for the applicants with a finance
background. Studying finance is not only a beneficial significant to obtain
a desirable job, but it will also benefit your personal life for investing
money, saving for education and your retirement.
If you are looking to enroll in an undergraduate finance program, you are
most likely to graduate with a bachelor of science in finance or bachelor’s
degree in business administration. It takes at least four years to complete
a bachelor’s degree programs. The topic of the courses are such as:
 Corporate financial management
 Banking
 Principles of Finance
 Managerial accounting
 Macroeconomics and microeconomics
  Investments
 International business and finance
Here in this article, we will be discussing few good reasons to study
finance that can benefit you in the long run.
 
 CAREER OPTIONS
If you are doing a degree in finance, you will be qualified for many entry-
level profiles in business and the government. Depends on your
experience and interest, you can choose to chase a career in financial
analysis, accounting, economics, real estate, investment banking or
entrepreneurship. You will be working with bonds, stocks, mutual funds,
and other investments, if you choose a career as a financial analyst or
financial sales agent.  As a financial manager or economist, you will be
working for researching tax laws, studying global market trends and
preparing individuals financial reports.
 
 HIGH SALARY
If you wish to enter a finance related field, you may earn a remunerative
salary, even at an entry level.  According to the reports of Bureau of Labor
Statistics (BLS), the financial analyst makes an average income of $80,310
per year and $38.61 per hour as of 2015.  The budget analyst makes on
average $ 71,590 annually and $34, 42 per hour.  The loan officers earn on
average of $ 63,430 annually and $30,49 per hour. The cost estimators
make on average of $ 60,390 annually and $29.03 per hour. While
securities, commodities and financial service sales agents make on
average $71,550 per year and $34, 40 per hour.  Keep in mind though that
entry level pay might not match these proportions.