Online Finance Degree

If you are interested in "profiling and managing project risks", "the study of money and other assets", and "the management of assets like money", you are interested in the field of finance. A life time in finance is essentially spent in the learning of business and more, the entire economy. With the right academic qualifications and on the job training, you could begin a challenging yet promising professional journey as a financial analyst, financial manager, and other positions in finance. The hours may be long, yet the services you provide will, in return, compensate you handsomely.

Financial Analysts
A financial analyst during the course of his/her professional life will perform the following duties on the regular basis:

  • Recommend individual as well as collections of investments
  • Meet with investors to explain recommendations
  • Study business and economic trends
  • Evaluate historical as well as current data
  • Prepare written reports

If you are interested in becoming a financial analyst, then you will need a bachelor's degree in finance, economics, accounting, or business administration. Employers may also require holding a master's degree in finance or a master in business administration. As a financial analyst, you may be asked to hold a license issued by the Financial Industry Regulatory Authority (FINRA). The profession has a promising present and future; the US Bureau of Labor Statistics (BLS) predicts a 23 percent growth rate in the industry, which is faster than the average for all other professions. In 2010, financial analysts were earning a median salary of more than $70,000 annually.

Financial Managers
Financial managers improve the financial health of an organization by:

  • Developing strategies and plans for the long-term financial goals of the organization
  • Directing investment activities
  • Producing financial reports

Due to the technological advancements, financial managers of today spend less time on monitoring a company's finances and more on advising the senior management how to maximize profits and data analysis. If you have heard of insurance managers, risk managers, and cash and credit managers, they are all financial managers. These professionals hold either a bachelor's or master's degree in finance, business administration, economics, or accounting. Financial managers earned in excess of $100,000 per year in 2010 (median salary). During the same year, there were more than 500,000 financial managers in the country.

Online Finance Degree
An online finance degree is one of the many ways to either start a career in finance or further excel as a financial manager or analyst. An online degree is ideal for:

  • Older students who may prefer to study independently or from the comfort of home.
  • Financial managers and analysts who need to obtain an advanced degree in finance, but do not have the time for on-campus classes.
  • Students who cannot commute to the campus.
  • Students who are looking for cost-effective courses and degree programs in finance.

Now you too could begin a professional journey as a financial manager or analyst without having to set foot on campus. Online degrees are offered by many accredited universities and colleges, so you do not have to worry if your degree will be accepted by employers.

Here is a comparison on finance and accounting related field's job growth:

 

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