If you’re looking to earn a higher salary with your Bachelor of Science in Finance degree, listen closely. There’s a right way and a wrong way to go about this. And these are all the things you need to know (or do) before ever asking for a raise.
The 3 best schools for a bachelor of science in finance degree
First of all, you should have attended one of the best schools for finance science majors. If not, you better have gotten excellent grades at the one you attended. But you can still give yourself a headstart by enrolling (or re-enrolling) in one of these fine financial colleges:
- The University of Pennsylvania – This one was rated number one in the nation for economic studies with a tuition of about $60,000, give or take.
Massachusetts Institute of Technology (MIT) – The school offers online and on-campus learning for students from all over the world.
- Carnegie Mellon University – It was founded by industrialists and philanthropists and those same ideals still thrive there today.
Other notable colleges for financial studies include places like The University of New York (NYU), Boston College, and Indiana University Bloomington. So, for more information on what each program entails, go to their official website or talk to an admission counselor. Keep in mind that financial aid is usually available for those who qualify.
These are the classes you should have taken
Meanwhile, make sure you’re not just going to the right schools but also taking the right classes. Many employers look at your coursework to determine whether you’re a good fit for the job or not. So, make yourself look well-rounded by acing the following 6 courses:
- Principles of Finance
- Corporate Valuation
Remember, most Bachelor of Science in Finance degrees take about four years to complete. But, you can get your degree a little faster if you attend a good online school because you’re allowed to work at your own pace. Either way, at least cover these basics to land the job of your dreams.
Here’s what you can earn with a bachelor of science in finance
If you attend a great school and get excellent grades in important classes, you should look pretty good to potential employers. Here’s the thing, though: Not all employers pay the same salary for your degree, even if you attended a prestigious college.
At the same time, your BS in Finance should still bring in a decent wage. On average, grads end up earning around $64,000 a year to start out. Of course, your job title and payscale depend on who hires you and what your duties will be. Usually, government contracts and community organizations pay slightly less than private companies.
Tops jobs for recent grads
When you’re ready to start showing off your Bachelor of Science in Finance degree, look at careers that are rewarding in several ways. Here are 5 of the most popular paths to consider:
- Loan Officer
- Personal Finance Advisor
- Financial Analyst
- Tax (IRS) Agent
PRO TIP: You might be able to get ahead even more by learning about business administration because some financial careers require you to integrate that knowledge into a working budget.