Accreditation Council for Business Schools &arton School of the University of Pennsylvaniaas an example, the student-teacher ratio translates to 17:1.
The Finance MBA we highlighted at Marymount College cost $810 per credit hour. At 45 required credits, the total cost of earning this degree is about $36,450. The Finance MBA program at U.S. News and World Reports 1 ranked school, Wharton School of the University of Pennsylvania, cost $53,926 per year less books and other fees.
Business Communication: Develop skills that managers use to communicate effectively at work, including clear writing, engaging presentation preparation, and technology. Focus on teamwork and understanding of vertical and horizontal communication patterns.
The non-profit College Board, which promotes equity in education, outlines these major objectives for studying finance:
Managerial Economics: Microeconomic analysis and its applications. Techniques to demand forecasting, price determination and resource planning.
The average annual cost for a four-year private non-profit school is $29,056 and $15,172 for a private for-profit school.
Courses in communications and ethics will also greatly aid your understanding of the overarching concepts of business and finance.
The degree we highlighted at Colorado Technical University, a Bachelor of Science in Business Administration with a Finance concentration, cost $325 per credit hour. 180 credits are required, the tuition cost for this four-year degree about $58,500.
Quantitative Methods for Management: Concepts and applications of quantitative methods and models to support managerial decision- processes throughout the organization.
Macroeconomics: Treats the scope of national income accounting, Keynesian and post-Keynesian models, consumption, savings, the multiplier, investment and public sector spending, money and interest and the general equilibrium model.
A bachelors degree in finance or a related area of study will prepare you for working in this high-powered field. Youll be rewarded with skills that can translate directly into entry-level positions in career tracks like banking, accounting and tax preparation. Graduates with a bachelors degree in finance will qualify for a wide range of opportunities in private, public and nonprofit organizations. Earning a Master in Business Administration (MBA) with a focus on finance, or a masters degree in finance will give you a competitive edge in the industry. Earning a PhD in finance is an option for those who would like to pursue research and teaching.
Undergraduate: A strong college preparatory high school education is a good start for your business degree program. Courses in English, speech, communications, math and accounting are important. If your school offers computer technology classes make sure you enroll, as these skills will be integral through college and into your career. Make sure you develop your leadership skills, Insurance News as college admissions officers look for applicants who display such qualities. Join school clubs to help cultivate this skill, or volunteer in a community program.
Various certifications exist for stock brokers and securities traders, through organizations including the Financial Industry Regulatory Authority (FINRA) and the North American Securities Administrators Association (NASAA).
FINRAs core values are: Excellence, Fairness, Integrity, Leadership, Respect and Teamwork. If you plan to work in finance, those things should be important to you as well. Ideally, your education will reflect these principles as you move through the curriculum.
John Graham, a finance professor at Duke Universitys Fuqua School of Business and John OBrien, finance professor at Berkleys Haas School of Business, recommend these additional areas of study beyond basic business courses:
Graduate: A completed, four-year bachelors degree in business or finance will prepare you for graduate school.[Related: Find Graduate and Undergraduate Programs in Your Area]
The Association to Advance Collegiate Schools of Business (AACSB): AACSB International accredits degree programs in business administration and accounting at bachelors, masters and doctorate levels
Program outcomes vary according to each institutions specific curriculum and employment opportunities are not guaranteed.
Bachelors degree programs, which provide entry-level opportunity, usually require four years of study
Course work at the masters level will prepare you for management and administrative roles in finance. Popular options are masters degree in finance or a Master of Business Administration with a focus in finance, which may have broader applications in the field. In addition, there are many more MBAs with finance specialties than there are finance-only masters programs. To sFinance Degrees? careers with finance degreehow courses youll take in the latter, well look at the program offerings at Marymount College in Arlington, Virginia.
Several types of certification exist for financial workers, depending on their area of study and expertise. For example, becoming a Certified Financial Planner (CFP) is possible through the Certified Financial Planner Board of Standards, Inc. They uphold a standard of excellence in personal financial planning. You can also become recognized as a Certified Financial Analyst (CFA) through the CFA Institute.
Accounting for Managers: Examines the accounting cycle and the preparation, analysis and use of financial statements for managerial decision-.
To illustrate some typical finance courses at the bachelors level , well look at the 180-credit program at Colorado Technical University. CTU offers this Bachelor of Science in Business Administration (BSBA) with a concentration in Finance in both on-campus and online formats.
This course load is designed to supplement fundamental business knowledge with a focus in financial accounting, capital and money markets, investments and risk assessments. This particular school uses a project-based model which gives the student the role of collaborative problem-solver and project initiator, helping you acquire marketable skills as you study and learn.
Accreditation shows that an institution or program meets standards of quality set forth by an accrediting agency, and that it is committed not only to meet those standards but to continuously seek ways in which to improve the quality of education and training provided. There are two types of educational accreditation: institutional and specialized.
Depending upon your level of dedication, a degree in finance can take the following amount of time to complete:
Marketing Concepts and Practice: Inquiry into interacting market systems and activities that deliver goods and services and create value for existing and new customers. Considers product, price, place and promotion in a global environment.
Masters degree program tuition at in-state public institutions cost an average of $7,606 annually, and doctorate program tuition cost $9,539 annually at in-state public institutions.
Bachelors degree programs vary depending upon the institution you attend. According to College Boards Trends in College Pricing 2012-2013, the average annual cost for a four-year, public institution runs around $8,655 for in-state tuition and $21,706 for out-of-state-tuition.
Corporate Finance: Study the role of finance in organizations, principles of financial analysis and control, capital budgeting techniques, investment decisions under uncertainty, financial structure and cost of capital, sources of long- and short-term financing, working capital management and the multinational aspect of financial management.
Students can choose concentrations in Financial Accounting, Investments, International Finance, Money and Capital Markets, Risk Management and Corporate Finance. The core courses listed here are required for each.
Strategic Management Seminar: This is the capstone course in the MBA program. Using the perspective of top management of an enterprise, the course considers operational situations, policy issues, and policy and strategy response. Employs case methods to provide the student with the opportunity to make decisions under conditions of uncertainty.
CTUs BSBA in Finance prepares students for careers as:
A four year undergraduate degree with a focus on finance will pave the way for a career in areas such as commercial banking, financial planning, investment banking, money managing, insurance and real estate. One great aspect of finance is that each subfield is connected, your skills apply to a broad range of potential positions. You have the option of focusing on a specific area right away, such as accounting or finance. Or, Free legal information you can choose a bachelors degree program that will impart a base of general knowledge before you decide on a focus.
While a bachelors degree finance program is often a stepping-stone to graduate degree programs, it will qualify you for many entry-level jobs. The outlook for moving up in the finance world is good for motivated workers. With a solid knowledge base and business savvy, youll be well positioned to move up the ladder within just a few years time.
The three main specialized accreditors for business and finance degree programs include:
Organizational Behavior: Addresses contemporary management and organizational theories and their roots. These principles can be applied to manage human resources, enhance individual and group performance and increase organizational effectiveness.
