What is a BS finance?
The B.S. in Finance degree prepares students to succeed in careers in corporate, public or personal finance. Students are taught to make sound investments using such skills as planning, strategizing, fund raising, risk management, etc.
High earning potential: Many jobs in finance offer high salaries and growth potential, making it a lucrative career choice. Diverse career opportunities: With a finance degree, you can work in various roles and industries, from investment banking to risk management to financial planning.
If you'd prefer a bachelor's education designed especially for workforce preparation, then a Bachelor of Science in Finance may be better for you. These two types of bachelors in finance programs share many characteristics, though, so you may get a good education either way.
Both bachelor's degrees also focus on different outcomes. A BA helps strengthen your critical thinking, writing, and research skills in the humanities and social sciences. A BS typically helps develop your problem-solving and analytical reasoning abilities.
While multiple fields of study can lead to a career as an accountant, earning a bachelor of science in accounting is the most direct option. Students who study accounting learn the fundamentals of accounting principles, auditing procedures, and taxation laws.
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.
A bachelor of arts degree emphasizes more humanities and social science coursework, while a bachelor of science degree may focus on natural sciences and engineering. When choosing a BA vs. BS, both types of degrees can lead to high-paying jobs. In general, however, professionals with a BS often earn higher salaries.
In general, employers tend to care less about whether an applicant holds a bachelor of arts or a bachelor of science and more about the reputation of their university and the relevance of their major.
Applicants with professional certifications such as Certified Public Accountants (CPA) and those with an advanced credential such as a master's degree or MBA in accounting will have the best chances of securing desirable positions in the field.
You may be able to finish programs with less rigorous requirements in just three years, particularly if you've earned credits from other programs. BS programs tend to have more required core and major courses than BA programs, and may take more time to complete.
What is the highest paying business major?
Business schools offer general business administration degrees and concentrations in areas like leadership, entrepreneurship, and accounting. The highest-paying business majors include marketing, finance, and international business.
The degree is usually offered as a Bachelor of Arts (BA) in Finance or a Bachelor of Science (BS) in Finance, depending on the school.
At many schools, it takes about four years to earn a bachelor's degree. However, this is by no means the only timeframe. Depending on the program you choose, it can take anywhere from three to six years for someone to earn their degree.
Both finance and accounting degrees offer a range of well-paying job prospects. That said, the average starting salary is slightly higher for finance vs accounting degrees.
A bachelor's degree qualifies you for entry-level positions and is a first step to meeting requirements for a CPA. But if you want to take your bachelor's degree in accounting to the next level consider: Completing a master's degree in accounting.
An Associate of Applied Science (AAS) in Accounting: An associate of applied science (AAS) in accounting will cover basic accounting principles, as well as analytic skills and problem-solving.
Finance professionals also earn above-average salaries. BLS data indicates that personal financial advisors earned a median annual income of nearly $95,390 as of 2022, more than double the median annual salary for all occupations nationwide.
Believe it or not, mastery of advanced math skills is not necessary to have a career in finance. With today's technology, all math-related tasks can be done by computers and calculators. That said, there are some basic math skills that would certainly make you a better candidate in the finance industry.
According to the U.S. Bureau of Labor Statics (BLS), careers in finance pay a median salary of $76,850 — 66% higher than the median salary for all occupations in the nation ($46,310).
Engineering is the highest-paying college major, with graduates making $65,000-$80,000 immediately after college. Jane Nam is a staff writer for BestColleges' Data Center.
What are the top 3 college degrees?
| Popularity | Major | Percentage of degrees |
|---|---|---|
| 1 | Business | 19.0% |
| 2 | Health | 12.6% |
| 3 | Social sciences and history | 7.9% |
| 4 | Engineering | 6.3% |
- Air Traffic Management.
- Nuclear Technology.
- Radiation Therapy.
- Nuclear Medicine Technology.
- Dental Hygiene.
- Diagnostic Medical Sonography.
- Aerospace Engineering and Operations Technology.
- Aviation Maintenance.
How to List Bachelor's Degree on a Resume. Remember to spell out the name of your degree rather than abbreviating it. If you need an abbreviation to save space, you can use BA for Bachelor of Arts or BS for Bachelor of Science.
Professionals with a B.A. in Business Administration earn an average salary of about $69,000, compared to MBA holders at roughly $88,000. Although there are too many specifics to address in any given situation, the decision to earn an MBA can pay off significantly in terms of salary and career possibilities.
- Business Administration.
- Finance.
- Marketing.
- Accounting.
- Computer Science.
- Management Information Systems.
- Information Sciences & Systems.
- Logistics.
