Degree Overview: Bachelor of Science in Business Administration (B.S.B.A.) Degree – FinanceMajors Overview May 6, 2014
Receive information about the Bachelor of Science in Business Administration degree program in Finance and its education requirements, coursework, career choices, job and wage outlook, and continuing education choices.
Bachelor of Science in Business Administration (B.S.B.A.) Degree Programs in Finance
Students enrolled in a Bachelor of Business Administration (B.B.A.) or Bachelor of Science in Business Administration (B.S.B.A.) degree program are trained to seek entry-level careers in a chosen area of focus, such as finance. Coursework in such a program provides overviews of financial institutions and markets, money management strategies, and investments. Though the two degree programs are similar, schools distinguish between them through general education requirements, concentration offerings and curricular focus.
Admission criteria typically require incoming students to hold a GED certificate or high school diploma. Students may also be required to complete courses in topic areas such as economics or accounting before they can begin core coursework.
Coursework in Finance BSBA degree programs are typically focused on computer, business, and mathematics classes, and combines classroom lectures with hands-on instruction through work co-ops and internships, whereby students can gain professional experience. Students enrolled in some Finance BSBA degree programs are allowed to specialize in chosen areas such as managerial finance or insurance. Coursework may include subject areas such as:
Every business aspect creates a demand for business experts. Graduates of a BSBA in Finance program can seek entry-level careers in mortgage industries, insurance companies, credit organizations, banks, or corporate finance departments. They can choose from career options such as:
Job and Wage Outlook
A job growth of 15% has been predicted for securities, commodities and financial services agents, over the 2010-2020 decade; while the growth rate for business analysts was expected to be a faster-than-average 23%. In May 2012, securities, commodities and financial services agents took home an average salary of $71,720; while the corresponding earnings for business analysts amounted to $76,950; business managers, who are predicted to enjoy a job growth rate of 9% over the same period of May 2012, earned an average annual wage of $109,740 (U.S. Bureau of Labor Statistics).
Continuing Education Choices
Bachelor’s degree graduates can pursue continued education by earning a Master of Business Administration (M.B.A.) in Finance, Master of Science in Finance (M.S.F.) or Master of Finance (M.Fin.). Coursework in graduate programs could cover the workings of financial institutions and markets, corporate finances and financial theories. Students can specialize in chosen areas within the field, such as quantitative assessment or risk management. Schools also offer doctoral degrees in Finance. Ph.D. programs are devised to teach students research methods whereby they can seek careers in academia and research.