What is a degree in Finance?
The field of finance is based on mathematics, accounting, government regulations and ethics to guide sound financial decision making. The major prepares students in areas such budgeting, forecasting, investing, valuation, and obtaining funds for business operations. Students benefit from an emphasis on hands-on learning through class projects and case studies. Many of the courses also are available online.
How likely am I to get a job after graduation?
The Occupations Outlook Handbook states growth in jobs in this area is faster than average nationally. In the DFW area, financial managers are listed among the top 25 highest paid occupations (Dallas Business Journal/U.S. Bureau of Labor Statistics).
What are my career options?
- Financial consultant
- Financial manager
- Commercial banker
- Investment banker
- Money manager
- Financial planner/advisor
- Insurance professional
- Real estate professional
- Budget analyst
- Business analyst
- Credit manager/analyst
- Financial analyst
- Investor relations officer
- Loan officer
- Trust officer
What kinds of companies or industries are hiring?
- Internal Revenue Service
- Treasury Department
- K-12 Schools
- Colleges and Universities
- Not-for-profit Organizations
- Commercial Banks
- Mortgage Banks
- Federal Reserve
- Investment Banks
- Private Businesses, All Types
- Insurance Firms
- Real Estate Brokers
- Appraisal Firms
- Multi-Line Insurance Firms
- Office of Management and Budget
- Federal Deposit Insurance Corporation (FDIC)
- Securities Exchange Commission (SEC)
- Financial Services Firms
- Portfolio Management Firms
- Hospital/Healthcare Management Companies
- Personal Financial Institutions
Who can I contact for more information?
Ms. Patricia Wynn, 972-338-1807
- Develop strong computer skills, including spreadsheets, databases, and presentation software.
- Earn an MBA to reach the highest levels of corporate finance.
- Develop a solid background in business including marketing and accounting.
- Get experience through part-time, summer or internship positions in a financial service firm.
- Most positions require an advanced degree in economics, finance or business and many years of financial experience.
- Research how one obtains the Certified Financial Planner (CFP) designation.
- Take more than the required amount of accounting classes to supplement finance curriculum. Maintain a strong G.P.A.
- Quantitative skills are extremely important. Take additional courses in math, statistics, and accounting.
- Read the Wall Street Journal and other financial news magazines to stay abreast of current events and to learn more about the industry.
- Join student professional associations in the field of finance.
- Several professional designations and licenses, e.g. Chartered Financial Analyst or Certified Financial Planner, are available to finance professionals working in a particular area. Earning these designations may help one obtain advanced positions.
Financial Job Network- http://www.financialjobnet.com/
Finance and Accounting Jobs- http://www.roberthalffinance.com/Home
Nation Job- http://www.nationjob.com/financial
Business Job Finder- Explore Business Careers: Finance- http://www.careers-in-business.com/
Careers in Finance- www.careers-in-finance.com/
Become a Certified Financial Planner- www.cfp.net/become/
Real people talk about their corporate finance careers- http://www.wetfeet.com/asp/RPP_interview.asp
Careers in Finance slide show- http://fisher.osu.edu/career/ungrad/exploration/Careers%20In%20Finance.ppt
Career Guide: Financial Planners & Business Managers- http://www.saludos.com/cguide/bguide.html#finplanners
American Finance Association- www.afajof.org/
Association for Finance Professionals- www.afponline.org/
Financial Executives International www.financialexecutives.org/
Financial Management Association International www.fma.org/
Global Finance Association www.glofin.org/home
National Association of Personal Financial Advisors- http://www.napfa.org/
National Black MBA Association- http://www.nbmbaa.org/home.aspx
Association of Latino Professionals in Finance and Accounting- http://www.alpfa.org/