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Finance Major

Study of money management, investments, and financial decision-making.

Entry: $60,000
Mid: $90,000
Senior: $150,000
Growth: 15% (high)

Overview

Finance majors learn about money management, investments, financial markets, and corporate financial decision-making. The field combines quantitative analysis with strategic thinking about risk and return.

Students study corporate finance, investments, financial institutions, and financial markets. The curriculum emphasizes mathematical modeling, data analysis, and understanding of economic principles.

Finance majors pursue careers in investment banking, financial planning, corporate finance, and financial analysis. The field offers high earning potential and opportunities in various industries.

Career Prospects

Financial Analyst
Investment Banker
Financial Planner
Portfolio Manager
Commercial Banker
Financial Advisor
Risk Manager
Corporate Finance Analyst
Investment Analyst
Treasury Analyst

Top Universities for Finance

1

University of Pennsylvania

Philadelphia, PA • 5.9% acceptance rate
US News
#6
2

New York University

New York, NY • 14.5% acceptance rate
US News
#28
3

University of Michigan-Ann Arbor

Ann Arbor, MI • 15.0% acceptance rate
US News
#21
4

Carnegie Mellon University

Pittsburgh, PA • 10.5% acceptance rate
US News
#24
5

Massachusetts Institute of Technology

Cambridge, MA • 3.8% acceptance rate
US News
#2
6

University of California-Berkeley

Berkeley, CA • 11.7% acceptance rate
7

Northwestern University

Evanston, IL • 7.0% acceptance rate
US News
#11
8

Indiana University-Bloomington

Bloomington, IN • 80.0% acceptance rate
US News
#73
9

Ohio State University-Main Campus

Columbus, OH • 41.0% acceptance rate
US News
#67
10

University of Florida

Gainesville, FL • 26.0% acceptance rate
US News
#39

Popular Courses

Corporate Finance
Investments
Financial Markets
Financial Institutions
International Finance
Portfolio Management
Risk Management
Financial Modeling
Derivatives
Real Estate Finance

Admissions Requirements

  • Strong mathematics and statistics skills
  • Analytical thinking abilities
  • Interest in financial markets
  • Economics background helpful
  • Quantitative reasoning skills
  • Computer proficiency
  • Communication skills

Essential Skills

Quantitative analysisFinancial modelingCritical thinkingCommunicationTechnology proficiencyRisk assessmentAttention to detailProblem-solving

Work Environments

  • Investment banks
  • Commercial banks
  • Insurance companies
  • Corporations
  • Financial planning firms
  • Government agencies
  • Consulting firms
  • Hedge funds

Frequently Asked Questions

What can I do with a Finance major?

A Finance major opens doors to careers in financial analyst, investment banker, financial planner, and many other fields. The skills you develop in quantitative analysis, financial modeling, critical thinking are highly valued across industries.

What is the job outlook for Finance graduates?

The job growth for Finance related careers is projected at 15% (high), according to the Bureau of Labor Statistics. Entry-level salaries typically start around $60,000, with potential to grow to $150,000 or more with experience.

What are the admission requirements for Finance programs?

Most Finance programs require strong mathematics and statistics skills and analytical thinking abilities. Additionally, many programs look for interest in financial markets and economics background helpful.

Which universities have the best Finance programs?

Top universities for Finance include University of Pennsylvania, New York University, University of Michigan-Ann Arbor, Carnegie Mellon University, Massachusetts Institute of Technology, among others. These institutions are known for their strong faculty, research opportunities, and career placement rates.