Trying to decide on a college major is an overwhelming task for many students. By understanding the different majors that are offered, you can make the decision that is right for you. A financing degree is a terrific choice for students that desire to work in the world of business and finance. Finance majors can build upon their firm foundation of business knowledge by pursing a graduate degree that complements their financing degree.

What Classes are Required to Get a Financing Degree?

To get a bachelor’s degree in finance, four years of college courses are required. The first two years are general college classes such as literature, mathematics, history, foreign language, physical education, and biology. Each college has specific guidelines that list the core classes that every student has to take. Third and fourth year classes for a financing degree include economic, accounting, business, marketing, management, and finance courses. You have to take the required amount of courses to satisfy the requirements for a major in finance. The specific classes that you have to take in order to get a degree in finance varies at each university.

What Jobs Can You Get With a Financing Degree?

A financing degree provides you with numerous opportunities in the world of business. You can work at a bank as a loan officer, vault teller, or customer service representative. Investment firms hire finance majors as investment brokers, risk analysts, and bond brokers. Corporations hire those with a financing degree to work in their budget department. There are other jobs available for finance majors that normally require additional education, such as selling insurance products and auditing financial records.

What is the Starting Salary for Employees With a Financing Degree?

The average starting salary for a finance major is $51,503. This figure is influenced by many factors. If you have prior experience working in a business or finance heavy position, you can command a higher starting salary. Internships are a great way to get that first bit of experience under your belt. Positions in major cities pay more than equivalent jobs done in smaller towns with a lower cost of living. Finance jobs working for the government pay less than those in the private sector, but a strong benefit package helps to offset the lower salary.

What Graduate Degrees are Appropriate for Those That Hold a Finance Degree?