Why Study Finance? (2024)

Flexible Options

Students interested in finance can major in business administration and choose from the following concentrations and tracks: corporate finance, financial planning, and investments. Each program is designed to prepare students for certain career paths while providing an excellent foundation in business and financial modeling.

Careers

Our programs offer in-depth courses that focus on both investments and corporate finance topics with an emphasis on developing and applying financial modeling skills. These abilities and knowledge in the finance realm can be applied to a variety of business functions, preparing students for positions such as analysts, financial planners, bankers, loan officers and more. Below are just a few examples of common job titles for graduates of each program.

Careers in Corporate Finance

  • business analyst
  • credit analyst
  • lender

Careers in financial planning

  • personal financial planner
  • investments adviser
  • wealth management specialist

Careers in Investments

  • research analyst
  • client relationship management

Get more information about careers in business administration at the Career Center.

Advantages

The corporate finance concentration has been accepted into the CFAInstitute University Recognition Program. This status is granted to institutions whose degree program(s) incorporate at least 70 percent of the CFA Program® Candidate Body of Knowledge—providing students a solid foundation that positions them well to sit for the exam to earn the Chartered Financial Analyst® (CFA) designation.

Another part of the program enables students to complete the Bloomberg Essentials Certification for Equities, which certifies their skills with Bloomberg terminal technology, the world leader in financial and data services, and gives them a competitive advantage.

Our business administration program is accredited by AACSB International—the highest distinction a business school can receive worldwide. This accreditation is held by less than five percent of business schools worldwide. It demonstrates that our program meets rigorous standards for quality and is dedicated to continuous improvement.

Students benefit from

  • access to industry-standard technologies in the T. Rowe Price Finance Lab
  • Bloomberg Essentials Certification for Equities
  • Microsoft Office Specialist certification
  • professional internships in the finance field
  • opportunities to compete in local and regional finance case competitions
  • opportunity to help manage a $150,000 portfolio for the Towson University Foundation as a member of the TU Investment Group
Why Study Finance? (2024)

FAQs

Why did you choose finance degree? ›

A finance degree can open doors to a broad range of dynamic professional opportunities — often with high earning potential in diverse industries. Finance majors learn fundamental business skills that can translate to careers in a variety of organizations in the public, private, and nonprofit sectors.

Why do you choose finance? ›

I'm drawn to finance because it provides a comprehensive understanding of an organization's financial health, risk management, and investment decisions. By pursuing a career in finance, I can strengthen my ability to analyze financial data, provide strategic insights, and guide organizations towards sustainable growth.

Why should I learn about finance? ›

Strong financial knowledge and decision-making skills help people weigh options and make informed choices for their financial situations, such as deciding how and when to save and spend, comparing costs before a big purchase, and planning for retirement or other long-term savings.

Why is finance interesting? ›

Finance degree jobs can provide relatively high pay, stability, opportunities for advancement and consistent demand projections. Careers in finance may also offer flexibility for employees by allowing them to work remotely or in hybrid environments.

Why do you want to study finance in USA? ›

Great schools, cutting-edge programs, networking opportunities, and internship and job prospects are a few reasons international students should consider the United States for their finance studies. The US has the biggest economy in the world, and every major global corporation has a presence here.

What are the benefits of studying banking and finance? ›

Multiple career options: Studying banking and finance opens up avenues to work in different sectors such as banking, consulting, insurance, broking, and fund management. An individual with a certificate course in banking and finance can take up jobs in MNCs, financial markets and work with the government.

What is the best career in finance? ›

This blog lists the 15 highest-paying jobs in finance to help aspiring professionals understand industry trends better.
  1. Chief Financial Officer. ...
  2. Investment Banker. ...
  3. Budget Analyst. ...
  4. Budget Director. ...
  5. Tax Director. ...
  6. Tax Director. ...
  7. Hedge Fund Manager. ...
  8. Investment Portfolio Manager.

Why are you interested in accounting and finance? ›

"I've always been captivated by numbers and the precision that surrounds them. Accounting allows me to work in a realm where every detail matters, and I find that incredibly fulfilling. As an accountant, I can organize complex financial data and aid companies in making well-informed decisions."

What is the significance of finance? ›

Without finance, people would not be able to afford to buy homes (entirely in cash), and companies would not be able to grow and expand as they can today. Finance, therefore, allows for the more efficient allocation of capital resources.

What do you hope to learn in finance? ›

In a finance major degree program, you study financial theories and how they apply in the business world to help companies and individuals make and manage money. You practice using mathematical concepts, statistics, and analytical tools to solve problems and make decisions.

Is it worth studying finance? ›

High earning potential: Many jobs in finance offer high salaries and growth potential, making it a lucrative career choice. Diverse career opportunities: With a finance degree, you can work in various roles and industries, from investment banking to risk management to financial planning.

What do I want to learn about finance? ›

Key steps to attaining financial literacy include learning how to create a budget, track spending, pay off debt, and plan for retirement.

Why do you want to choose finance? ›

One of the reasons for choosing finance as a career is the ample opportunities for professional growth and development it offers. A career in finance comes with clear progression routes. This industry has endless growth opportunities and the scope increases with experience.

Why did I choose finance as my major? ›

Lucrative Career Opportunities

With the global economy perpetually evolving, financial experts are in high demand across various industries. A finance major opens doors to an array of lucrative career opportunities, such as financial analysts, investment bankers, financial managers, and personal financial advisors.

Why are people passionate about finance? ›

Many accounting and finance professionals love the scope and dynamic aspects of their jobs. They like being able to tap their technological know-how, methodical approaches to problem solving and deep understanding of how businesses work.

Why do you want to study finance personal statement? ›

My decision to apply for a degree course in Accounting and Finance stems from my research in the college library and my career aspiration to become a chartered accountant. I particularly enjoy administrative work, numerical and statistical exercises, and opportunities to work with others as a team...

What to know about finance majors? ›

The term "finance" refers to the management of money. When you major in finance, you'll generally explore topics like financial planning, banking, and investing, all while developing valuable job skills like problem-solving and communication.

What makes financial management distinct from other fields of finance? ›

Financial accounting and financial management are two separate functions of finance where financial accounting requires reporting past financial transactions. In contrast, on the other hand, financial management requires planning for future transactions.

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