Finance is a lucrative field, immersed with unparalleled earning potential and vast career opportunities in a variety of industries. While many other occupations will experience negative growth during a time of economic downturn, this field is adaptable and often experiences tremendous growth. Earning a degree in finance not only sets you on the right track for your full-time career but also sets you on track to becoming a master of earning, investing, and saving in your personal life.
Below are some amazing perks scholars receive after pursuing a bachelor’s degree in finance:
- Narrow Focus
If you dream of working in a business-orientated career, you have an array of college degree options, such as accounting, management, or finance, to consider. Pursuing a degree in finance allows you to narrow your focus, which enables you to easily leverage a field that’s dense with job opportunities. You will find yourself working with big decision makers of numerous organizations such as banks, stockholders, government agencies, and more. Because a finance degree is hard to attain, you’ll have the added advantage of finding a job easily while other graduates may struggle to find work opportunities.
- Personality Driven
Anyone can pursue accounting or a business degree, but to be successful in any finance career, you must be inquisitive and outgoing. It is expected that you are adept in accounting and finance practices, however, you also need to be good at engaging with people, be a conversationist, and be diplomatic. This means personality, intelligence, and education play a critical role in every finance job. Moreover, your client’s goals and organization’s goals should be your top priority at all times.
- Growing Job Prospects
Because of a growing range of financial products and the need for extensive knowledge of geographic regions, finance occupations are growing faster than most fields. According to research by experts, careers in financial analysis across Asia should increase by 23 percent, financial advising by 32 percent, and financial management by 14 percent. It’s also likely more opportunities will continue to emerge as the economy grows. If you’re hoping to pursue a degree in finance, it’s important to stay up-to-date on trends in the job market. It’s likely that upon completing your degree you’ll find the economy and the opportunities it provides look promising.
- A Wide Variety of Job Opportunities
The finance industry experiences regular substantial growth, this means more employment opportunities become regularly available. With a finance degree, you can consider job opportunities in a variety of roles, including corporate management, financial planning services, brokerage firms, insurance companies, and more. Also, finance graduates are usually in high demand with many other financial intermediary companies.
- Financially Rewarding
Many jobs centered around the finance field are usually well paid. Expected salaries vary depending on the job title of the post, as well as your work experience. Below are a few examples of various roles and what you can expect to earn.
- Financial Analyst: RM 317,511
- Personal Financial Advisors: RM 276,515
- Financial Examiners: RM 320,031
- Financial Managers: RM 443,748
Even though salaries and job opportunities are influenced by the country’s economy and technological innovations, scholars who pursue finance majors are likely to have job security. Finance careers often allow people to thrive, even under volatile and uncertain circumstances.
We have listed the top benefits scholars receive after earning a bachelor’s degree in finance, consider each point carefully when deciding whether this field is right for you. Although there are many ways a person can become an expert in money management, earning a bachelor’s degree in finance is the best way to ensure money works for you. You have the privilege of turning that specific expertise into a high-paying career or even establishing the business accounting firm that you have dreamed about.