Online Business Degree in Finance
Written by admin on November 25th, 2010Businesses are continuously looking at cost-cutting measures and the ongoing development of long-term business solutions, operations and strategies. This creates an ongoing demand for Finance professionals to help implement and manage these initiatives. Companies large and small are seeking financial professionals to provide guidance, to analyze financial data and to enhance business operations. If you have good interpersonal skills, strong math and problem-solving skills and an aptitude for working with numbers, a degree in Business Finance is for you.
Why Study Business Finance
Finance is very important to the economy. It is how businesses, government and people raise the cash needed to do business. If you decide to run your own firm, a degree in Finance teaches you how to effectively manage your resources and make analysis on what risks to take. You will develop good money management skills and the knowledge on how to invest money and how to raise money. With an online degree in business Finance, you are in a better position for employment opportunities, raises and promotions.
Earn your Degree in Finance Online
Online learning enables students to achieve their career goals without stepping a foot into the traditional classroom. An online classroom environment helps you to fit your degree program into your busy schedule. You will be able to conveniently attend classes at anytime, from anywhere. Although, courses are online, the quality remains the same as on campus. You will have full access to you teacher and online classmates, class assignments and lectures, class projects and discussions, chat-room, 24/7 tech support, online library and so much more, all from the comfort of your home.
Careers in Finance
Earning an online degree in Finance will open a variety of career doors for you. Companies are always looking to employ financial professionals to help their business succeed. The knowledge, skills and training received will prepare you for the real world, where you can apply what you have learned on the job.
There is a wide range of careers you can choose from with an online Business degree in Finance including: budget analyst, financial management, supervisor, financial advisor, private banker, research analyst, portfolio manager, and associate trader.
Essential Employable Skills
Essential employability skills will be addresses through all programs of study. Upon successful completion of the online business Finance degree program, graduates will have reliably demonstrated the ability to apply a systemic approach to problem solving, analyze, evaluate and apply relevant information, take responsibility for one?s own actions and decisions, think out-of-the-box, select and organize document information using appropriate technology and information sources, effective time management, and interpersonal and personal skills.
Employment and Job Outlook
The future looks good for candidates with degrees in Finance as it is expected to grow much faster than the average for all occupations. According to the Bureau of Labor Statistics, Financial analysts and personal financial advisors held 397,000 jobs in 2006, of which financial analysts held 221,000, and personal financial advisors held 176,000 jobs.
Earning Potential for Business Finance Graduates
Median annual earnings, including bonuses, of wage and salary financial analysts were ,590 in May 2006. The middle 50% earned between ,700 and ,690. The lowest 10% earned less than ,340, and the highest 10% earned more than 0,130. The bonuses that many financial analysts receive in addition to their salary can be a significant part of their total earnings, as reported by the Bureau of Labor Statistics
Length of Program and Course Outline
How long the program takes varies for each student. For Associate degree students, it usually takes 2 to 2 1/2 years. For Bachelor degree students with little or no prior college, it will take about 4 to 5 years. Other factors includes, self motivation, commitment and determination, your dedication and the amount of time spend working on your program and the number of credit transfers.
The foundation course outline for Finance graduates focuses on analytical skills, effective financial and management skills, capital budgeting and investments strategies, informational Finance, banking, math and problem solving skills, risk return, interest rates, bond and stock valuation, lectures and case study.
Affordable Tuition
Federal student aid is always an option and is available to those who qualify. There are also loans, grants, scholarships and other outside lending sources that you should consider to help with college expenses. Talk to a financial aid officer to learn what financial aid may be available to you.
Earn your Online Degree in Business Finance Today!
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