Study Finance in the US
Finances and their management are essential to any business and industry
This fact makes this field an attractive option when choosing future career path. International students coming from different countries that may practice varying financial approaches and principles, a decision to study finance in the US can open a challenging but lucrative career path in the future. In fact, such a decision can be considered as a long-term investment with quite high future returns.
When you consider your education to be an investment in yourself and your future, then most likely, a degree in finance is just the best match for you and your way of thinking. Even if you are still in doubt because of thoughts about how much your degree might cost you, you may not worry about what kind of job you can receive or whether you will be able to return the money spent during the process of pursuing your degree. The thing is that professionals in finance are always in demand and are paid the highest salaries in the market. Furthermore, if you doubt whether you are able to get money for the tuition now, you may sigh with relief since there are numerous scholarship offers for international students. More so, since finances are essential to running any kind of business or organization, you will have access to variety of internships and even job position already in the last years of your studies.
Terms, namely finances and their management make up financial systems throughout the world. Finances draw value in the economy of any country and the world as the whole. The essence of finance is to create, invest, and manage wealth by means of controlling costs and expenses, producing sources of income and revenue, and investing money effectively. Financial decisions involve decision on how the money or assets should be used. Organizations and individuals owning large capitals always spend time and great efforts looking for opportunities where to invest the funds to earn either the highest or the safest returns on their funds. Availability of money from investors makes competition among business strenuous in making their products, services, systems, etc. more attractive for investments. Given there are numerous ventures to invest in, financial professionals will always be in demand to provide advice and assistance on where and how much to invest.
Different schools offer programs in finance in different ways
Some include finance as a subset in general business administration or economics programs, while others offer degrees exclusively in financial field. Yet, any educational establishment will equip with distinctive financial skills in their related program. For example, some top universities that offer finance programs include University of Chicago, University of Pennsylvania, and New York University. These universities and many others yet offer finance programs that quite significantly differ in structure. Consequently, when making decision to study finance in the US, you will need to find out specific entrance standards of the university you apply to as well as acquaint yourself with specific courses that you will have to take to be fully enrolled.
Full enrollment in finance program will require you to take core courses, including introduction to business, financial and managerial accounting, business finance, economics, statistics, and other related courses, where you will gain knowledge about how assets are gained, developed, managed, and invested. International students may gain advantage of combining major in finance with a minor in some specific language or culture. With such a combination, international students will have an advantage and opportunity to work on larger scale where knowledge of a language, region, or cultural practices in the region are needed and valued. Generally, already during the studies you will be able to make decision which direction to pursuit in your finance internships and further career due to knowledge and experience you will gain already in the courses you are enrolled in.
When graduating with a degree in finances, entry-level job seekers in financial sector may expect starting salaries between $30,000 and $50,000 annually. Acquiring experience will enable future financial profession earn between $50,000-$70,000 on average per year depending on the position and the role they do.
Since any organization, be it for-profit or even non-profitable, require financial management of funds and assets. Consequently, pursuing a degree in finance will bring the student to the job market fully equipped to be employed at once. Furthermore, some solid and reputable organization are willing and ready to invest in their future employees and their offer grants and scholarships for qualifying students. Furthermore, as an international student you may find IEFA.org helpful in finding scholarships available to study finance in the US.
International students interested in pursuing a degree in finance and considering it as a long-term investment may get various advantages of deciding to study finance in the US. First reason is that becoming a professional in finance will grant being demanded in the job market. Secondly, finance specialists are demanded in a wide variety of spheres and enjoy the abundance of career options and opportunities. Consequently, if you have passion for and interest in finances, do not miss a chance to study finance in the US.