Find the Best Online Universities

October 10th, 2005

Left-brained individuals who enjoy making large calculations and analyzing data might want to take their focus off of math and start looking at money. As most companies are in the business of making money, they need people who can help them manage their finances and increase their profits. There are countless employment opportunities for those who are qualified to do just this, so number crunchers should start looking into the following money majors.

Finance is an ideal major for highly analytical individuals. Finance majors need to have strong qualitative skills, enjoy solving complex problems, and love taking risks. The field of finance concentrates on how financial decisions affect businesses and ways that financial planning can increase profits. Majors in this field learn how the success of a business is greatly influenced by factors like the economy, stock market, investments, and interest rates. Through basic courses in math, business, statistics, economics, and accounting, students learn how to create and manage budgets, control costs, and make wise investments. More advanced courses concern topics like corporation finance, financial markets, real estate, monetary theory, management of financial institutions, and cost and managerial accounting. Those who graduate with a degree in finance can pursue careers in corporate and public finance as well as in banking, insurance, real estate, money management, and personal financial planning. Finance majors are commonly employed at commercial banks and credit unions, brokerage firms, captive finance companies, and private businesses and foundations. They can have titles like financial analysts, bank managers, loan officers, real estate brokers, traders, and financial planners.

On the other hand, accounting is an ideal major for attentive and detail-oriented individuals. Accounting majors need to enjoy communicating with and advising others. The field of accounting concentrates on analyzing financial information for the purpose of making important business decisions. Majors in this field learn how to gather, record, analyze, interpret, and communicate information that concerns financial performance and risks. Through basic courses in math, statistics, economics, business, and computer applications, students learn about financial principles and purposes. More advanced courses focus on accounting and financial procedures like accounting information systems, auditing, cost accounting, and tax accounting. Those who graduate with a degree in accounting can pursue careers in the areas of management accounting, government accounting, public accounting, and internal auditing. Accounting majors are commonly employed at public accounting firms, government facilities, and private businesses. They can have titles like certified public accountants, private accountants, government auditors, compliance auditors, and tax specialists.

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