Recently, we reviewed what finance is, what you can do with a Bachelor’s Degree in Finance, and why you should consider studying online, and here, we’ll explain why you would want to launch a career in finance in the first place.
This post will explore the many reasons to work in finance, and we’ll also explain important topics like whether or not you actually need a degree to get a good job in the industry, as well as why you should think about getting that degree from CSU Global.
After you’ve learned all about the reasons to get into finance, please fill out our information request form to receive additional details about our 100% online Bachelor’s Degree in Finance, and our online Master’s Degree in Finance. If you’re ready to get started, submit your application today.
What is Finance & Why Is It Important?
Finance is a vital industry that impacts the entire economy.
Money is essential to any organization or individual wishing to be part of modern society, and it is the financial professionals who help people set up their own financial strategies.
Finance refers to the management of money. Financial professionals are responsible for activities like money management, valuing companies, lending, and forecasting. Within this broad definition of finance, there are multiple different areas that these professionals can be involved in, including:
Clearly, finance isn’t the simplest field, but it is an important one, which is why there’s so much potential for launching a lifelong career in the industry.
If you’re interested in helping people and organizations protect and grow their financial standing, then this could be the perfect industry for you.
Why Should You Consider Launching a Career in Finance?
Three of the most compelling reasons to consider launching a career in finance include:
- Demand for finance professionals is projected to continue growing over the next several years.
- Finance is an excellent career for anyone who wants to play an important role in any organization they work for.
- Top positions in finance provide great salaries, making it an excellent field for launching a lifelong career.
Finance Professionals Continue to Experience Rising Demand
According to the BLS, demand for finance jobs is projected to keep growing steadily over the next decade.
BLS projects that the employment rates for several of the most popular jobs in finance will rise between 2020 and 2030, making it an excellent time to get into the industry.
Here are the BLS’s growth expectations for several of the field’s top jobs:
- Financial Managers - 17% projected growth.
- Financial Analysts - 6% projected growth.
- Compensation, Benefits, and Job Analysis Specialists - 10% projected growth.
- Budget Analysts - 5% projected growth.
Knowing that the demand for finance professionals will continue to rise over the next decade, you can be confident that you’ll have a good chance to find a great job in the industry after completing your training.
The increase in demand for all jobs across the entire finance industry also signals that it’s a great time to start developing management and leadership-level skills in finance, like via CSU Global’s online Finance Bachelor’s Degree Program.
Finance Professionals Play a Vital Role in Today’s Economy
If you want a career that plays an important role in every industry, helping companies manage their money, then finance is the perfect field to specialize in.
Anyone looking to have a positive impact on organizational success would be well-suited for a role in this field, where core job responsibilities include tasks like:
- Developing and nurturing relationships with organizations or individual clients, ensuring they continue to trust you to run their finances.
- Applying legislative, regulatory, and industry principles to financial scenarios so that you can advise clients on financial strategies.
- Calculating debt repayment schedules and managing financial risk.
- Implementing cash management strategies.
After completing your education in finance, you’ll gain access to a huge variety of positions that work to ensure organizations properly manage their money, including jobs like:
- Financial Analyst
- Budget Analyst
- Financial Planner
- Cost Estimator
- Personal Financial Advisor
- Finance Clerk
- Finance Coordinator
- Financial Administrator
- Credit Analyst
This field offers an excellent opportunity to make a difference in any organization, as finance professionals are responsible for ensuring companies manage their money and investments properly.
Finance Careers Provide Excellent Earnings Potential
Highly skilled, experienced, and effective finance professionals are capable of earning excellent salaries.
In fact, according to BLS reports, some of the best jobs for finance graduates provide considerable compensation packages, like:
- Financial Manager / 2021 Median Pay: $131,710
- Financial Analyst / 2021 Median Pay: $81,410
- Personal Financial Advisor / 2021 Median Pay: $94,170
- Financial Examiner / 2021 Median Pay: $81,410
Keep in mind that this is just a very short list of the many potential positions you could pursue after completing a degree in finance.
In reality, there are hundreds of other excellent job titles available to people with an education in finance.
Regardless of the specific role that you choose to pursue in the industry, the important thing to note is that if income potential matters to you, then finance careers offer a great opportunity to maximize your earnings.
How to Become a Finance Professional
While it’s possible to launch a career in finance without a degree in the field, getting your degree is the best way to ensure that your efforts to get into the industry will be successful.
Why? Because earning your degree in finance will allow you to develop the skills, knowledge, and experience needed to deliver real value to any organization from day one.
But completing a degree will also help your resume stand out, since listing respected academic credentials will increase the chances that you can catch the eye of hiring managers looking to fill available positions.
Finishing a bachelor’s or master’s degree program will increase the odds that you’re able to find not just any job, but a great job in the field, and when it comes time to choose a higher education program, CSU Global offers two excellent options.
How to Choose Between a Bachelor’s or a Master’s Degree
Many people have trouble deciding between getting a bachelor’s or master’s degree in finance, but fortunately, there’s a relatively easy way to determine which program will work best for you.
To make the right choice, we suggest reviewing three things:
- Your existing education credentials.
- Your experience in the industry.
- Your long-term career aspirations.
If you’re brand new to finance, and your only goal is to land a job in the industry at an entry-level position, or if you don’t already have an undergraduate degree, then you’ll probably want to choose to get a Bachelor’s Degree in Finance.
If you’ve already got some experience in the field, you already have an undergraduate degree in any subject, or you’re aiming to land a role in management or at the leadership level, then you should think about pursuing a Master’s Degree in Finance.
If you’re having trouble deciding whether a bachelor’s or master’s program will work best for you, please contact a CSU Global Enrollment Counselor by calling 1-800-462-7845, or by emailing enroll [at] csuglobal.edu. They can review your situation and give you specific advice about which degree would work best for you.
Why Should You Get Your Degree Online?
We recommend getting your degree online because online degree programs offer far more flexibility and freedom compared to traditional, on-campus programs.
At CSU Global, our online degree programs were designed to be completed entirely online, which makes them an excellent option for anyone looking to earn new educational credentials while maintaining a busy schedule.
In fact, we provide three excellent benefits that make studying with us the most convenient way to earn your degree, including:
- No set class times or physical locations.
- Monthly class starts.
- Accelerated eight-week courses.
If your daily duties already include a lot of work or family responsibilities, and you know that you’ll need a flexible schedule in order to fit in the time required to earn your degree, then you’ll certainly want to think about studying online with us.
Why Should You Choose CSU Global?
CSU Global’s online Finance Bachelor’s and Master’s programs prepare students to meet the challenges they’ll face working in the field of global financial services.
Our programs are regionally accredited by the Higher Learning Commission, and the Master’s in Finance is also accredited by the Accreditation Council for Business Schools and Programs (ACBSP).
These programs were designed to be completed 100% online, offering you the flexibility you need to complete your educational pursuits without sacrificing existing family and career responsibilities.
Reasons to Choose our B.S. in Finance Degree
CSU Global is an excellent choice if you’re looking for an online college for finance. Our program will help you develop essential skills to work in this competitive industry, including:
- Foundations of financial management.
- Fiscal decision-making skills.
- Technological approaches to business challenges.
- Understanding financial risk.
Also, when choosing the CSU Global Bachelor’s in Finance with a Financial Planning specialization, you’ll be in one of just a few programs in the country that is recognized by the CFP Board®. Those who earn a CFP Board-recognized degree are distinguishing themselves among their peers by meeting CFP Board’s education, examination, experience, and ethics requirements. Completing this program also means you’ll have met the education requirement for CFP® Certification Examination administered by the CFP Board.
Finally, with our accelerated schedules, monthly class starts, no set class times, and 100% online degree formats, this B.S. in Finance program lets you earn your degree on your schedule.
Reasons to Choose our M.S. in Finance Degree
Completing our Master’s Degree in Finance is designed to hone your leadership, analytical, and operational skills to give you a competitive edge in this challenging industry.
This program is widely recognized as a top-ranked program and has won several well-respected rankings, including:
- A #1 ranking on 25 Best Online Master’s in Finance for 2020 from Best Masters Programs.
- A #4 ranking on Best Online Master's in Finance Programs of 2022 from Intelligent.
- A #9 ranking on 25 Best Affordable Online Finance Degree Programs (Master's) 2020 from Affordable Schools.
Our M.S. in Finance alumni also report finding impressive real-world success one year after completing their program, with a median salary that is 6% higher than the national average for all master’s degree holders.
CSU Global itself has also recently won several important awards, including:
- A #1 ranking for Best Online Colleges & Schools in Colorado from Best Accredited Colleges.
- A #1 ranking for Best Online Colleges in Colorado from Best Colleges.
- A #10 ranking for Best Online Colleges for ROI from OnlineU.
Finally, we offer competitive tuition rates and a Tuition Guarantee to ensure that your affordable tuition rate won’t increase for as long as you remain enrolled as a student, which protects you from the rate hikes that are common at other schools.
To get additional details about our fully accredited, 100% online Bachelor’s Degree in Finance, or our top-ranked online Master’s Program in Finance, please give us a call at (800) 462-7845, or fill out our Information Request Form.
Ready to get started today? Apply now!