Financial analysts can work for large investment organizations like banks, or for businesses to find new business or investment opportunities. As a financial analyst, you'll study big-picture phenomena like market trends and competitor movement, and devise models to predict sales or results of business decisions.
Chartered Financial Analyst (CFA) is said to be the world's most difficult and brutal exam in the field of Finance. Every year, a whopping 1,00,000 candidates attempt to crack CFA in over 100 countries.
Although many good universities don't require students with specific qualifications, you will need a strong academic record (especially in mathematics) and an aptitude in subjects such as English, communications, mathematics and accounting in order to study finance.
Generally speaking, people consider accounting majors to be more difficult to study and pass than finance majors. And there are a few different reasons for this. The content of accounting majors is, on average, much more technical than for finance majors, and this can make it more difficult.
Finance is an exciting major with plenty of career opportunities. If you are interested in solving problems in creative ways or helping companies to plan how to grow their revenue or maintain profitability, a finance major is right for you.
For some jobs in finance, you will have to keep on doing the same boring things every other day. But every time, you will be faced with many fresh challenges that you have to deal with. The more you earn seniority, you will have the requisite experience in dealing with a variety of situations.
Yes, a finance major is a good major for many undergraduate students. The Bureau of Labor Statistics is projecting 5% job growth in business and financial occupations over the next 10 years. Financial advisor, budget analyst, and investor relations associate are some common careers in the field.
It is not recommended for students to pursue a degree in a full-time program while trying to maintain a full-time job, as the requirements are challenging and demanding. Clark notes that students are often surprised at the amount of work they have to do outside the classroom while in the Vanderbilt MS Finance program.
Accountants play an incredibly important role in every organization, making this a great career for anyone who wants to work in an important position. Salaries for trained accountants are quite high, which means this is an excellent industry for anybody looking to maximize earning potential.
Among MBA concentrations that power future CEOs' journey to the top are finance, marketing, public policy, information technology, environment sustainability, and health administration. Electives such as strategic management, organizational theories, and managerial economics also prepare potential CEOs.