“Inquisitive people tend to do well in finance,” says Stephen Hart, CEO of Cardswitcher. I also know professionals in finance communication and media that spend most of their day writing stories and taking interviews, and they love it.”, There are so many more finance career options than meet the eye. But that’s not you—you want to see what’s going on. They analyze budgets and evaluate the financial impact of continuing ventures and new ventures. You’re curious about lots of things. The financial expert should be able to explain trends, patterns and forecasts in clear and coherent ways. For example, a financial advisor working for an investment brokerage company may need a different skill set than a fee-only financial planner with their own small business. Please correct the errors and submit again. This major can apply to numerous career fields. Bureau of Labor Statistics. These are some of the classes Finance students can look forward to at Rasmussen College. Rasmussen College does not guarantee, approve, control, or specifically endorse the information or products available on websites linked to, and is not endorsed by website owners, authors and/or organizations referenced. Next, learn more about this college major such as Accounting and get more career tips for internships and … Next, learn more about this college major such as Accounting and get more career tips for internships and entry-level jobs such as How to Answer: What Motivates You?. As a finance major, you will study how companies have performed in the past to predict how they will perform in the future, and learn how to communicate information that will drive strategic changes. “Finance jobs are not stagnant, and the rate of change seems to be accelerating rapidly. Take a look at this list to see if you have what it takes! Finance majors minoring within the CBA may select only these minors: Real Estate/Business, Economics, International Business/Business and Business Communications. In general, their job is to guide their clients through the confusing and sometimes overwhelming landscape of investing, tax, estate, and financial management. Research and analytical skills developed by finance majors enable attorneys to prepare their cases. "Accountants and Auditors." Salary and Employment Outlook: According to the BLS, lawyers earn an average salary of $122,960, and jobs are predicted to grow by about 4% through 2029.. Finance deals with data, but it is important that the financial professional is able to explain the significance of data generated while composing a narrative for the implications and significance of said data. The financial strength of any organization determines how effectively corporate goals can be met and the overall mission accomplished given the resources at hand. Overall, a business major's strong quantitative and analytical background is a strong asset in the financial advisory profession. In general, you can't go wrong with a major in business or economics; both will serve as a sound foundation for a financial planning or advisory career. Am I a creative problem-solver who is able to overcome challenges by coming up with innovative solutions? | Finance students gain a foundation in the principles of financial management. “Practicing and perfecting these skills is extremely beneficial.”. Financial planning, investment decisions and analyzing/limiting expenses are all various aspects of what you can and will learn as a finance major. They can capitalize on their finance major training as they dissect financial statements and other financial data. {{ pagination.currentPage*pagination.numPerPage }}, School of Continuing Studies - University of Toronto, Career Development and Communication Skills, Information, Technology, Environment, and Engineering, Business English for International Professionals, Partnerships with Associations and Certifying Bodies, 158 St. George St, Toronto Ontario, M5S 2V8, Canada, Private and Semi-Private Language Instruction, © 2020 University of Toronto School of Continuing Studies. Brianna is a content writer for Collegis Education who writes student focused articles on behalf of Rasmussen College. You love to share what you know. Take a look at this list to see if you have what it takes! It takes a unique variety of skills and characteristics to excel in this career. Some financial advisors want to be able to advise their clients on buying and trading stocks. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site. If these characteristics sound familiar, you might be a natural winner in the world of finance. Would you be interested in helping companies plan for how to grow their revenue or maintain profitability in both the short and long term? Financial discussions can get complicated. Interpersonal communications refer to small-group interactions in a face-to-face setting where the ensuing dialogue may be unrestricted. We currently have {{ courses.length }} Course(s) in {{ data.name }}, Viewing {{ ((pagination.currentPage-1) * pagination.numPerPage) + 1 }} -{{ filteredData.length }} They also train staff regarding the budget development processes for their organization. When listing a property, brokers must estimate the value of the property based on its financial potential for prospective buyers. The finance graduate with strong mathematical skills is ideally positioned to calculate the likelihood of various events and to assess the financial consequences for those outcomes. A person may also hire a financial advisor for a specific goal, such as funding their children’s college education or buying a vacation home. Financial planning, investment decisions and analyzing/limiting expenses are all various aspects of what you can and will learn as a finance major. For example, San Diego State University offers a B.S. Accessed June 8, 2020. And when it comes to finance, time is often a huge factor in success. "Average Commercial Real Estate Agent Salary." Rasmussen College may not prepare students for all positions featured within this content. When deciding on a college major, the advisor's intended area of expertise may be relevant. You are willing to work at something for a long time if that’s what success takes. “Finance is extremely broad and there are many options,” Collado says. The financial team may be tasked to create and present these reports to small and large groups. That trait is pretty valuable in any industry, but in finance, it’s a must. Above all, it will help you develop multiple skill sets at once, offering you a great chance of success in several industries after graduation. At the same team, it is also the responsibility of the financial team to make sure that reports are readable by laymen. Many of your assignments will be project driven, whether they be individual case studies to enhance your problem-solving ability, or group presentations to practice the way you interact with others. “Those people tend to do great,” Dayan says. They can assess the quantitative and qualitative dimensions of business problems and evaluate the financial implications of corporate and individual actions.