Finance Satisfaction - CareerExplorer (2024)

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To date, we’ve asked 261 current and past finance students about their happiness with their degree. Turns out, they rate it average.

There are thousands of majors available, and it can be overwhelming trying to choose one.

To help you reach the decision that is right for you, we asked students who have pursued a finance degree to respond to questions concerning five dimensions of the educational track they chose:

  • Course material: Were they interested in the material they learned?
  • Intellectual fulfillment: Did they find the coursework intellectually stimulating?
  • Job prospects: Did they leave the program with job opportunities?
  • Personality: Was the degree a good fit for their personality?
  • Overall fit: Were they happy with the program overall?

We examined their responses and combined the rankings to give us an average satisfaction score across all students. This doesn't necessarily reflect how satisfied you would be with a finance degree, but it’s a starting point to help you evaluate your options.

How satisfied are finance students compared to other degrees?

Overall, finance students rate their satisfaction with their degree a 3.1 out of 5. This is low compared to other degrees which average a rating of 3.28 across all degrees. For context, finance students rate their happiness similarly to students in Engineering Technology, Digital Communication And Media/Multimedia and Finance and Related Studies.

Here are other degrees that have a similar satisfaction rating to finance

DegreeAvg Grad SalarySatisfaction
Management Information Systems$92,527
Computer Engineering$99,197
Engineering Technology$82,234
Finance$98,367
Digital Communication And Media/Multimedia$62,389
Finance and Related Studies$97,427
Sports Management$48,559
Multi-/Interdisciplinary Studies$61,256

Let's break that down further.

Are finance students satisfied with what they’re learning?

We asked students about their satisfaction with their course material and overall intellectual fulfillment. Here’s what they said:

We asked graduates how interesting they found the course material to be. Their response was:

3.5

out of 5 stars

316

ratings

We asked graduates how intellectually fulfilling they found the degree. Their response was:

3.4

out of 5 stars

313

ratings

5

stars

20

%

4

stars

31

%

3

stars

25

%

2

stars

12

%

1

stars

9

%

These ratings are meant to give you an indication about what other people enrolled in finance experienced. While their input is useful, keep in mind that different people have had vastly different experiences, all of which were impacted by their personal motivations, professors, and specific curriculum. Always keep your own goals at the center of your decision-making process when it comes to something as significant as your education.

Did finance graduates leave school with good job prospects?

Of course, working towards a degree is also about pursuing your desired career. Here’s what finance grads had to say about their job prospects:

We asked graduates how satisfied they were with their job prospects. Their response was:

3.6

out of 5 stars

305

ratings

5

stars

22

%

4

stars

34

%

3

stars

25

%

2

stars

12

%

1

stars

6

%

We can see there’s a cluster of positive responses, which might indicate a strong or growing job market.

Were finance students happy with their degree overall?

This rating takes into account all factors: how demanding the program is, whether graduates felt it was worthwhile, and how fulfilling they found their educational experience.

We asked graduates how satisfied they were with their degree as a whole. Their response was:

3.1

out of 5 stars

261

ratings

5

stars

19

%

4

stars

18

%

3

stars

30

%

2

stars

20

%

1

stars

13

%

As you consider this information and input from others, remember above all that your choice should be based on your interests, goals, passions, and abilities. Consider the future and give yourself time. If you’re feeling unsure, click here to take our career assessment and see what path could be right for you.

Career Paths

Learn about your career prospects after graduation.

Read about Career Paths

Finance Satisfaction - CareerExplorer (1)

Finance Satisfaction - CareerExplorer (2024)

FAQs

Is finance a satisfying career? ›

Most people have traditionally viewed finance careers as high-cost but high-reward. It's extremely difficult to break in, but once you're in, the compensation and exit opportunities make the initial effort worth it.

Are people with finance degrees happy? ›

How satisfied are finance students compared to other degrees? Overall, finance students rate their satisfaction with their degree a 3.1 out of 5. This is low compared to other degrees which average a rating of 3.28 across all degrees.

Are certified financial planners happy? ›

The 2021 survey conducted by Fondulas Strategic Research found that: 93% are strongly satisfied with career choice in financial planning, compared to 93% in 2019 and 92% in 2017. 93% are strongly satisfied with their decision to pursue CFP® certification, compared to 92% in 2019 and 91% in 2017.

How happy are financial analysts? ›

Financial Analysts report above-average job satisfaction, and nearly 40% feel that their job improves someone else's life or helps make the world a better place.

How stressful is a career in finance? ›

Finance is not always a stressful career, but for the highest-earning jobs it can be. Long hours and an “always on call” mentality can be extremely stressful for finance professionals, especially those dealing with global markets.

How stable is a career in finance? ›

The U.S. Bureau of Labor Statistics (BLS) projects that business and finance jobs will be in demand from 2022 to 2032, with 911,400 openings on average each year. Certain roles within finance, like financial examiner, are expected to grow over six times faster than the rate for all occupations nationwide.

What type of person should major in finance? ›

People who choose to major in finance are interested in numbers, financial markets, and finding ways to make money. They tend to be natural problem-solvers who like setting goals and researching ways to reach them.

Is finance harder than accounting? ›

While both finance and accounting can be difficult majors, accounting is considered more difficult because it requires more discipline and a lot of math. Accounting is more complex because it relies on precise sets of arithmetic principles.

Is finance a tough major? ›

Finance degrees are generally considered to be challenging.

Why did I quit being a financial advisor? ›

The most common reasons financial advisors quit are lack of fulfillment, difficulty finding clients, and burnout. Over 90% of financial advisors do not last three years, which means that there is a very low retention rate for financial advisors.

How stressful is being a financial advisor? ›

How stressful is being a financial advisor? Being a financial advisor can be highly stressful due to the responsibility of managing clients' financial futures, market volatility, and the need to make crucial decisions under pressure. Stress levels can vary based on individual clients and market conditions.

How many hours a week do financial advisors work? ›

A typical financial advisor workweek spans a minimum of 40 hours, though some advisors may work more than that. There's no rule, however, dictating that you must work at least 40 hours a week in order to become a financial advisor.

Is a financial analyst a low stress job? ›

Financial Analysts often navigate high-pressure environments, balancing tight deadlines with the need for meticulous accuracy in data analysis and forecasting. Stress levels can peak during quarterly earnings reports and fiscal year-ends.

What is the average age of a financial analyst? ›

The workforce of Financial analysts in 2021 was 273,293 people, with 41.4% woman, and 58.6% men. The average age of male Financial analysts in the workforce is 37.6 and of female Financial analysts is 40.6, and the most common race/ethnicity for Financial analysts is White.

Do financial advisors have a good work-life balance? ›

The role, which demands acute attention to market trends, client needs, and financial planning, often extends beyond the typical nine-to-five schedule. This can lead to unpredictable work hours and the need for constant availability, which complicates the pursuit of work-life balance for these professionals.

Do finance jobs have good work life balance? ›

On average, Financial Analysts can expect to work between 40 to 70 hours per week, with the longer end typical for those in investment banking or during busy financial reporting periods. Workload can fluctuate with market conditions, fiscal year-ends, and the specific demands of their employer.

Why do people enjoy working in finance? ›

2. Diversity of tasks keeps it rewarding. Many accounting and finance professionals love the scope and dynamic aspects of their jobs. They like being able to tap their technological know-how, methodical approaches to problem solving and deep understanding of how businesses work.

Are finance jobs hard to get? ›

Finance can be a fiercely competitive field. It's a famously high-paying industry known to deal out six or seven figures in salaries and bonuses for those at the top. Even those on the bottom rung can expect to start at a good wage compared with other fields.

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