The finance major lost a bit of steam after the economic downturn in 2008. However, a degree in finance is still viable and the industry continues to need finance majors who are knowledgeable about the new world of money. According to a 2010 BusinessWeek article, finance professionals can still succeed by applying their education in new and surprising ways, and many business and finance positions are experiencing growth again in 2013.
For example, personal financial advising is one of the fastest-growing finance careers, according to the U.S. Bureau of Labor Statistics, which predicts 32% growth in this field by 2020. Financial planners and advisors help individuals manage their money and save for the future through investments. Financial planning is a major concern in this post-recession era, making the financial advisor a highly-valued professional.
Finance professionals can also embark on careers in investment banking, securities and commodities sales, and corporate financial advising, among others. Finance continues to be a popular field thanks to its high income potential with just a bachelor's degree. However, it's important to remember that many finance positions also rely on individual skills and experience, the ability to attract and keep clients, the regional market or industry, and more.
The Financial Planning Association is a collaborative group promoting leadership and advocacy within the realm of professional financial planning. The organization seeks to promote the profession and has nearly 100 chapters throughout the states supporting this …
Focused primarily on promoting aspects of high-quality research within the area of financial planning, the Financial Management Association International works to provide opportunities for professional interaction between academics, students, and practitioners …
As the leading professional association of fee-only financial advisors, the National Association of Personal Financial Advisors (NAPFA) is a collaborative group of highly trained professionals who strive to work for the best interests of their clients.
Designed to be a valuable resource for accountants and financial professionals within the business industry, this association provides group and networking opportunities, information about certification, a list of upcoming programs and events, and much more.