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

What is interesting about studying finance? ›

Choosing a major in finance can lead to a wide range of career opportunities in various industries. It equips you with the knowledge of financial management, investment strategies, and risk assessment, which are crucial skills in today's business world.

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 are people interested in studying finance? ›

It offers a broad range of applications across various industries. This makes your skillset adaptable and valuable in a wide range of professional settings. Whether you are interested in banking, insurance, investment or starting your own business, a finance degree can provide you with a solid foundation for success.

What is exciting about a career in finance? ›

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 is finance a good career choice? ›

Financial careers often involve high barriers to entry, stiff competition among applicants, and a lot of stress. Still, these jobs offer numerous perks, including a challenging work environment, interaction with highly motivated and intelligent colleagues, opportunities for advancement, and excellent pay.

Is finance a difficult major? ›

Is finance a hard major compared to other business fields? Finance can be challenging, but the difficulty level may vary depending on individual strengths and interests. Some find its quantitative aspects demanding, while others struggle with the theoretical concepts.

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.

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.

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 are 3 facts about finance? ›

With this is mind, here are five scary financial facts as well as ways to avoid becoming a part.
  • 54% of Americans Live Paycheck to Paycheck.
  • Paying for an Emergency is Something 61% of Americans Cannot Do.
  • Only 24% Of Millennials Have Basic Financial Literacy.
  • 21% Of Americans Don't Save Anything from their Income.

What is interesting about financial economics? ›

Its particular attention to monetary activities sets it apart from the other branches. In financial economics, important aspects that occur in forex and stock markets are analyzed, as well as how inflation, depression, deflation, recession, prices, and other financial variables impact one another.

Why is finance more interesting than accounting? ›

So finance degree students will likely be more interested in financial strategy and control, while accounting degree students will be more focused on professional principles and processes, used in order to manage numbers rather than influence them.

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