Finance vs Business Administration Major #Finance

this CashNews.co will show you the differences between a major in Finance and business administration and the opportunities that they can provide according to pay

scale the average salary of a person who has a degree in business administration is 66 000 however you can expect entry-level positions to pay less than that according to pay scale an entry-level business administrator can expect to make fifty six thousand dollars a year on the other hand

Finance majors are reported as earning 72 000 on average this is likely to be due to a combination of good starting pay for entry level positions lots of available jobs that

are directly related to Finance and high potential pay for senior level positions a business administration major will have you taking classes from a range of disciplines

including business Finance Accounting and economics as a result a business degree is a somewhat general degree that is not specialized for a particular type

of job except for business administration this means that the degree can qualify you for a large number of jobs however you will often be less competitive than people who have degrees directly related to that specific job according to the data on pay scale jobs you can qualify for with a

bachelor’s degree in business administration can include project manager marketing manager accounts manager operations manager and a financial analyst while it can be difficult to compete with people who have degrees related to specific job roles you can improve your job prospects by getting

internships completing projects and learning skills directly related to the specific job that you are interested in as well as choosing electives that are related to that job a none;">Finance degree can qualify you for a number of different types of jobs that are available to people with just a bachelor’s degree according to the data on pay scale types of jobs text-decoration: none;">Finance majors get includes financial analyst data analyst investment analyst financial advisor and a Credit analyst something to consider about the jobs that you will qualify for with a

style="font-weight: bold; color: #1a73e8; text-decoration: none;">Finance degree is that they are often reported as being stressful jobs this is likely to be due to high working hours high levels of competition and some of them being commission based another thing to consider is that

it can be very difficult to land more lucrative roles in areas such as Investment Banking if you do not go to a target school with that being said Finance

majors do tend to get paid well compared with most majors and Finance jobs are expected to grow by more than the average across all jobs according to the bureau of labor

statistics also Finance jobs often have the potential to pay very well if you can make it into senior level positions also the

style="font-weight: bold; color: #1a73e8; text-decoration: none;">Finance major does usually have a below average unemployment rate so you should not have too much difficulty finding a job additionally #1a73e8; text-decoration: none;">Finance majors often find themselves in Accounting type roles because of this it can be a good option to get a minor in Accounting or even to dual major in Accounting and

href="https://cashnews.co/finance" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Finance overall a business administration major will usually be relatively easy when compared with alternative majors such as

style="font-weight: bold; color: #1a73e8; text-decoration: none;">Finance economics and Accounting the reason for this is that being a general degree you will not be taking many specialized classes that tend to be more difficult that other majors would be taken in

their junior and senior years a Finance major can have some difficult classes especially in the junior and senior years when compared with a business administration major you

can expect Finance to be harder in a business administration major you can expect to take classes from areas such as marketing Accounting management

economics Finance business law business ethics and business principles you can also expect to have the option to take other business classes as your core classes and the

ability to take classes from other disciplines in your electives it would help to consider what job you are most interested in and to choose your electives accordingly classes you can expect to take in a text-decoration: none;">Finance major can include micro and macro economics personal Finance concepts financial management financial Accounting

financial Forecasting corporate Finance and managerial Accounting as you can see the classes you will be taking will be more specialized

towards areas in Finance especially in your junior and senior years usually in your freshman and sophomore years you will also be taking courses from areas not directly

related to Finance such as classes from the humanities if you enjoy competitive environments a #1a73e8; text-decoration: none;">Finance degree could suit you well since many Finance jobs are competitive in nature since you will be competing with your peers

and other financial firms that provide the same service also Finance does have very high pay potential in the long run since senior level positions can pay very well

additionally if you prefer customer facing roles a Finance degree could suit you well since many but not all bold; color: #1a73e8; text-decoration: none;">Finance jobs are customer facing however Finance jobs tend to require long working hours and the jobs often have

below average job satisfaction and meaning ratings also in a survey conducted by career explorer it was found that Finance majors had average satisfaction for their major

before choosing the major it would help to consider what sort of working environment would suit you the most and what you would find satisfying and meaningful personally if you do decide to major in text-decoration: none;">Finance it is important to try to get some internships whilst in college since it is often the internships that lead to the more lucrative job roles a business administration degree can also qualify you for a number of different jobs but they will not be as well

paying as most Finance jobs at the entry level if you do decide to get a business administration degree it would help a lot to make sure to take classes directly related to

the job that you are most interested in to learn skills related to that job to complete projects related to that job and to get internships during the summer i would also recommend getting a minor in a more applied subject such as bold; color: #1a73e8; text-decoration: none;">Finance Accounting or computer science since it will improve your job prospects considerably it would serve you well to really take the time now to research the types of jobs that you think you would be interested in and

what sorts of classes you should be taking for those jobs one thing that could help would be to talk with recruiters for that job role and to ask what they look for in terms of classes projects internships and the most common major