4 Reasons You Should Major in Finance

EKU Online > 4 Reasons You Should Major in Finance

Interested in an evolving, burgeoning career field that will provide you with limitless advancement opportunities? Look no further than finance. Beyond being at the center of every major organizations’ success, there are many reasons to be in the finance industry. Here are four reasons why you should major in finance:

  1. Job Growth

According to the U.S. Bureau of Labor Statistics, employment of business and financial operations occupations is projected to grow 7 percent by 2028, faster than the average for all occupations. This job growth is projected to bring 591,800 new jobs to the market. As globalization expands the world of finance, careers in finance will continue to increase. A degree in business finance perfectly positions you to fulfill the growing demand, making you a highly sought after employee.

2. Diverse Opportunities

There are so many career opportunities within finance. Work as a financial analyst, an actuary, a tax examiner, a financial manager, and so much more. Finance opens the door to many different jobs across industries. Interested in sports? Movies? Politics? There are financial jobs in each industry of interest allowing financial professionals a unique flexibility in their career.

3. Transferable Skills

Graduates are taught to think critically with an emphasis on analytics. Finance also requires professionals to have strong verbal communication skills to communicate findings effectively. Decision-making is also key in finance. Financial professionals are in-demand and can migrate across industries because of these transferable skills. All of these skills are enhanced in financial education programs and are required across the workforce

4. High Earning Potential

According to the U.S. Bureau of Labor Statistics, the median annual wage for business and financial occupations was $69,820 in May 2019, which is higher than the annual wage of $39,810 for all occupations. Financial professionals are in such high demand and bring so much value to organizations that these employees are well compensated for their knowledge.

EKU is now offering a 100 percent online business finance degree program. Designed with working adults in mind, classes are convenient and flexible with 8-week terms and multiple start dates. EKU Online also boasts one of the few programs nationwide that is aimed at preparing students for the Certified Financial Manager (CFM) examination.

Interested in pursuing a degree in finance?

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