What to Do with a Concentration in Finance Management
Money, as the saying goes, makes the world go around. An understanding of how money works, in turn, positions you for a brief - and potentially very lucrative - career.
With courses on investing, financial management, global economics, capital markets and other aspects of finance, Bay State's Management Program with a Finance concentration equips you with the skills and knowledge base for a wide range of occupations, including:
- Financial Analyst: Numbers tell a story - if you know how to read them. As a Financial Analyst, you'll draw on available data about companies and markets and crunch those numbers to make predictions and sometimes recommendations about businesses, market sectors, and industries. If you work in the investment world, for example, you'll examine market trends, company and industry performance data and economic indicators to generate reports on a company's prospects and recommend for or against buying a stock.
- Banker: A banker's role will vary depending on where you work. As a retail banker, you'll assist individual consumers and businesses with financial needs such as opening checking and savings accounts, securing loans and credit lines, mortgage applications, and more. In commercial banking, you might specialize in helping businesses with financial matters such as accepting credit card payments, managing assets, and financing expansion. As an investment banker, you'll help with more sophisticated commercial transactions, such as raising money in financial markets or coordinating mergers and acquisitions.
- Business Development Associate: If you get a thrill out of bringing in a new client or hitting a growth target, developing a new business may be your dream job. As a Business Development Manager, you'll scan the market to identify potential clients or customers, then use your marketing skills to start and build business relationships. You'll also work closely with marketing and sales departments to develop and coordinate marketing initiatives aimed at building brand awareness broadly, positioning your company for growth.
- Financial Planner: As a Financial Planner, you'll use your hard-won financial expertise to help people plan for their financial futures. You'll guide your clients on saving and investing strategies that can help them meet their financial goals, such as saving for a child's education or a comfortable retirement. You'll also guide your clients through decision making in areas like insurance, estate planning, tax planning, investing, and more.
- Accountant: With a concentration in finance, you'll graduate equipped with basic accounting skills, as well as the ability to construct and interpret financial statements and to present financial information - skills that translate readily to the accounting field. As an entry-level Accountant equipped with a finance degree, you may be able to move into financial management, where your responsibilities will expand to include handling a company's financing and investing activities and/or managing and directing its resources.
These are just some of the exciting career paths open to students who graduate with a concentration in finance. As with all of Bay State's Management Programs, Finance Program courses are designed to equip students to handle real-world challenges - and get a head start on a career in their field of choice.