Why Study Finance? (2024)

Flexible Options

Students interested in finance can major in business administration and choose from the following concentrations and tracks: corporate finance, financial planning, and investments. Each program is designed to prepare students for certain career paths while providing an excellent foundation in business and financial modeling.

Careers

Our programs offer in-depth courses that focus on both investments and corporate finance topics with an emphasis on developing and applying financial modeling skills. These abilities and knowledge in the finance realm can be applied to a variety of business functions, preparing students for positions such as analysts, financial planners, bankers, loan officers and more. Below are just a few examples of common job titles for graduates of each program.

Careers in Corporate Finance

  • business analyst
  • credit analyst
  • lender

Careers in financial planning

  • personal financial planner
  • investments adviser
  • wealth management specialist

Careers in Investments

  • research analyst
  • client relationship management

Get more information about careers in business administration at the Career Center.

Advantages

The corporate finance concentration has been accepted into the CFAInstitute University Recognition Program. This status is granted to institutions whose degree program(s) incorporate at least 70 percent of the CFA Program® Candidate Body of Knowledge—providing students a solid foundation that positions them well to sit for the exam to earn the Chartered Financial Analyst® (CFA) designation.

Another part of the program enables students to complete the Bloomberg Essentials Certification for Equities, which certifies their skills with Bloomberg terminal technology, the world leader in financial and data services, and gives them a competitive advantage.

Our business administration program is accredited by AACSB International—the highest distinction a business school can receive worldwide. This accreditation is held by less than five percent of business schools worldwide. It demonstrates that our program meets rigorous standards for quality and is dedicated to continuous improvement.

Students benefit from

  • access to industry-standard technologies in the T. Rowe Price Finance Lab
  • Bloomberg Essentials Certification for Equities
  • Microsoft Office Specialist certification
  • professional internships in the finance field
  • opportunities to compete in local and regional finance case competitions
  • opportunity to help manage a $150,000 portfolio for the Towson University Foundation as a member of the TU Investment Group
Why Study Finance? (2024)

FAQs

Why do I want to study finance? ›

It offers a broad range of applications across various industries. This makes your skillset adaptable and valuable in a wide range of professional settings. Whether you are interested in banking, insurance, investment or starting your own business, a finance degree can provide you with a solid foundation for success.

What is a good answer to why finance? ›

Sample Answer #1:

I'm excited about the dynamic nature of the industry and the opportunity to continuously learn and adapt to new market trends. Pursuing a career in finance will enable me to leverage my skills and contribute to the financial success of organizations."

Why did I choose finance as my major? ›

Lucrative Career Opportunities

With the global economy perpetually evolving, financial experts are in high demand across various industries. A finance major opens doors to an array of lucrative career opportunities, such as financial analysts, investment bankers, financial managers, and personal financial advisors.

What is interesting about studying finance? ›

Majoring in finance can lead to a wide range of career opportunities in various industries. It equips you with the knowledge of financial management, investment strategies, and risk assessment, which are crucial skills in today's business world.

What does finance teach you? ›

A finance degree offers students a thorough understanding of banking, trading, and economics. Finance is the study, acquisition, and management of money and investments. The field includes banking, credit, debt, and capital markets activities, which are all driven by economic principles and practices.

What are the three main things in finance? ›

The finance field includes three main subcategories: personal finance, corporate finance, and public (government) finance.

Why are you interested in accounting and finance? ›

"I've always been captivated by numbers and the precision that surrounds them. Accounting allows me to work in a realm where every detail matters, and I find that incredibly fulfilling. As an accountant, I can organize complex financial data and aid companies in making well-informed decisions."

How to answer tell me about yourself in a finance interview? ›

"I'm a finance professional with over ten years of experience in investment banking. In my current role, I oversee a team of analysts and have successfully completed numerous high-value transactions. I'm excited to bring my expertise to a new company and help drive success.

How to ace a finance interview? ›

Six expert tips for your next finance interview
  1. Get to the point. ...
  2. Know your finances. ...
  3. Make yourself the added value. ...
  4. Talk confidently about the industry. ...
  5. Engage with the interviewer. ...
  6. Keep learning.

Is it good to major in finance? ›

A career in finance can be very lucrative. The average salary for a finance major is $101,038. Pursuing a career as a financial advisor or another form of financial sales can go well beyond this number, whereas a career in corporate America or the government typically stays close to it.

Is finance a happy major? ›

Overall, finance students rate their satisfaction with their degree a 3.1 out of 5.

Is finance an easy major? ›

Finance degrees are generally considered to be challenging. In a program like this, students gain exposure to new concepts, from financial lingo to mathematical problems, so there can be a learning curve.

How do I know if finance is right for me? ›

What Traits Should I Possess? When dealing with finances, it is extremely important to be detail-oriented, organized, analytical and a good communicator.

What are 3 facts about finance? ›

By budgeting wisely, you not only set aside more money for potential savings, but you also develop spending habits that serve you in the long term.
  • Fact #2—There's a Smart Way to Manage Debt. Many people find it helpful to understand the facts of managing debt wisely. ...
  • Fact #3—You Don't Have to Go it Alone.

Why does finance matter? ›

Without finance, people would not be able to afford to buy homes (entirely in cash), and companies would not be able to grow and expand as they can today. Finance, therefore, allows for the more efficient allocation of capital resources.

Why do you want to study finance in USA? ›

Great schools, cutting-edge programs, networking opportunities, and internship and job prospects are a few reasons international students should consider the United States for their finance studies. The US has the biggest economy in the world, and every major global corporation has a presence here.

How do you know if finance is for you? ›

What Traits Should I Possess? When dealing with finances, it is extremely important to be detail-oriented, organized, analytical and a good communicator.

Is it worth studying finance? ›

Students who enjoy numbers, money management, and data analysis may be well-served by pursuing a degree in finance. An accredited finance degree program can help them qualify for one of these positions. Overall, a finance degree is worth it for many aspiring professionals.

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