Finance degrees have always been an exceptional choice for those who want to understand how the world economy works and the secrets behind financial independence, money, and investments. With so many new varieties of degrees being offered nowadays, Finance remains one of the most popular subjects. The main question is that: is Finance degree still worth it in the year 2022? If yes, then why should you choose to study Finance? With the world moving rapidly into cryptocurrencies and digital spaces, businesses are looking for professionals who know all the latest trends and innovations in the finance world. In this article, you will read about the top six reasons as to why you should study finance in today’s leading business world.
1. Finance industry constantly evolving
With the most recent technology coming out in the field, the world of finance has rapidly grown beyond big traditional banks. Understanding finance can help you to keep up with this fast-growing field of financial technology which is also known as “FinTech.” From raising money online for start-ups, to managing investments or to digital money transfers, it is all being done without the need of a physical person behind the screen. As this type of software continues to develop, businesses will constantly need professionals with up-to-date knowledge and skills for these financial programs.
2. Finance jobs are well-paid and high in demand
In the latest research it was found that jobs in the finance sector were ranked in the top ten requested categories in multiple countries. From multinational companies to small shops to small start-ups to large corporations, they all need finance and are willing to pay a large sum of money to the experts in this field. If you choose to study finance, you are securing a stable professional future.
3. Become a strong problem solver
Finance involves analyzing numbers and learning to turn them into actionable business insights. It also teaches the students the difference between value and price, how to create value and how the future has an effect on today’s value. Learning how to take quantitative data, using it to solve problems and knowing how to make business decisions is a valuable skill which can help you in your career and securing a good job.
4. Education in finance useful in daily life
We are faced with financial decisions every day. It can be anything, whether to eat out or paying for our pottery lessons fee, these choices require a basic knowledge of finance. Getting knowledge of the finance sector will not only open job opportunities for us but will also help us in our everyday tasks.
5. Makes our resume stand out
If you want to differentiate your resume then finance is a good place to start, especially if you are about to enter the workforce as a young professional without any prior experience. Showing that you are interested in business and have ample knowledge in the field will surely make you a more attractive candidate.
6. Finance degrees are profitable
As the finance industry is constantly growing, there are many growing varieties of finance jobs. A degree in finance has the potential to lead to a promising career in this sector with some amazing jobs with top paying positions. Some of these jobs can be like investment banker, senior accountant, loan officer, personal financial advisor, financial analyst, financial examiner, financial manager, information technology auditor and so much more.