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What are the advantages of majoring in finance?

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Anant’s Answer

In addition to the above answers, Finance is often paired with other general business education classes, which can be extremely valuable in helping develop soft skills and general business skills that are extremely applicable too all fields, not just finance.
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Matthew’s Answer

Finance is a great gateway to learn about many things in life. As an accountant, I've had the opportunity to work with companies and executives in the technology, life sciences and consumer products fields and while working with these organizations, have learned about their products and services. I've learned about mapping the human genome, how cloud computing works, blockchain and a whole host of other topics. Finance is a great gateway because all organizations need strong financial team members to help them achieve the goals, whether it is a large multinational organization or a local non-profit.
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Alice’s Answer

Finance is a great way to learn about a company. As an Accountant, I have the opportunity to work with various departments which allows me insight into the company. Having a finance acumen is very useful in many organizations. If you understand the numbers it helps to make better business decisions.
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Justin’s Answer

There are many advantages to finance in the sense that there are many transferable skills. Finance teaches you many things about personal investments which can help you in the long run. Finance is also the language of business so it allows you to understand what is happening on a global and economic scale. Good luck!
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Megan’s Answer

Finance is a great focus area of study! All companies hire for some sort of Finance/ Accounting role. If you're passionate about this work, you'll be able to find a job in many industries. You could work in healthcare, technology, public education, etc. I would just ensure that you're passionate about the day-to-day, as you'll most likely work many hours.
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Sumitava’s Answer

I see almost all the aspects are covered here. Adding to that I would just like to add a few things.
With just a major in Finance, there are innumerable scopes that are open to you. Basically, you can walk up to any company and start working on any of the business prospects. Be it Management, Core accounting, Book-keeping, Ledger, Business Analysis, Financial Analysis, and the list goes on.
Majoring in finance gives you the head start for every perspective present in any business.
ALl the best wishes for your future.
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angel’s Answer

I believe there is a saying that goes something like this, "english is the language of the world, and financial accounting is the language of business". Knowing that language will give you a leg up in the business world. The reality is nobody working in business can afford financial illiteracy. As others pointed out, there are many many advantages majoring in finance, I really hope you will pursue this path.
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Emily’s Answer

I have found that some of the advantages to majoring in finance is you start to understand a lot about how a business works and how a lot of the world works as finance is important to everything
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GABRIEL’s Answer

Many! Finance is a very broad topic and all companies, small and large have a need for experts in this field. This field also provides pathways to rotating through the department and onto other parts of the business.
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Julie’s Answer

I was a Finance major and highly recommend it. A lot of people might refer you to accounting, but with a Finance degree, you won't be pigeon-holed into an accounting job (like the Big Four). A lot of accounting majors end up switching into the Finance world, so you might as well get ahead from the start. I personally was a part of FLDP (Finance Leadership Development Program) and HIGHLY recommend it. Many large corporations have these programs where you rotate job positions within the company every six months for two years to gain exposure around the business. (Some companies might have three one-year rotations). This allowed me to really examine what I wanted to do with my career, learned likes and dislikes and ultimately where I wanted to end up given the dozens to hundreds of Finance roles there are out there. Finance will give you versatile skills that will make you extremely marketable. Good luck!
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