A business major provides students with a curriculum that covers an overall understanding of business-related topics. These include courses in areas such as finance, accounting, marketing, operations management and organizational theory. Finance programs focus their curricula on preparing students to make financial decisions and to understand the financial environment in which they will work. Coursework covers areas such as managing assets and liabilities, applied calculus, financial analysis and modeling, investments and corporate finance. Both degrees offer a solid foundation in business and finance and lead to a range of exciting careers.
Financial analysts provide advice and guidance to businesses and individuals in making investment decisions. They assess the performance of stocks, bonds and other types of investment vehicles; recommend individual investments or collections of investments; and analyze the performance of these investments. Financial analysts study economic and business trends and observe how world events impact the stock market. They also determine a company’s value by projecting future earnings.
Accountants and auditors assess the financial operations of a company, prepare and examine financial records and comply with financial laws and regulations. A significant part of their job is to ensure that financial records are accurate and that local, state, and federal taxes are paid properly and on time. Accountants and auditors also inspect accounting systems for efficiency, organize and maintain financial records and make recommendations to a company’s senior management on ways to reduce costs, increase revenues and improve profitability.
A budget analyst helps public and private institutions organize their finances. They work with an organization’s leadership to shape an annual budget, review individual department budgets for accuracy and completeness, consolidate all department budgets into a consolidated organizational budget and monitor spending so an organization stays within its financial means. Budget analysts also estimate future financial needs and analyze information on the costs and benefits of the various programs and services an organization offers to determine whether they are cost efficient.
Personal Financial Adviser
Personal financial advisers provide financial guidance and advice to individuals and families about investments, taxes and insurance decisions. They meet with clients to understand their financial goals, research investment opportunities, recommend different types of financial services and assist clients in selecting investments that help clients reach their financial objectives. They also monitor clients' accounts and make adjustments or changes as needed to improve account performance or accommodate life changes, such as getting married, getting divorced or having children.