There are a great number of reasons why choosing finance as your major is a very good decision. Of course, everyone wants to be successful in life and no one wants to have to worry about money. So why not learn how to make your money work for you? Here are 5 reasons why finance is a good major.
- Organize Your Personal Finances
Let’s face it, in the highly unlikely chance that you never do anything with your finance degree, in the very least you would be very adept at organizing your own personal finances, which is a skill that most people don’t have. Being able to keep your finances in order is a skill that will have a huge impact on your whole life and it will ensure that you have quite a bit more money than you would have otherwise when it comes time to retire.
- Be an Indispensable Asset
A person with a finance degree is an indispensable asset to just about any company – that is if you’re doing your job right. If you earn your master’s degree from a highly reputable school, then you will definitely have major companies competing to employ you. Plus, these days you can earn your degree online from very prestigious schools without even having to move. For example, you could earn Pepperdine’s MBA online, and you can still live in your home town.
- Pay Off Your Student Loans Quickly
Finance is the type of major that leads to high earning jobs. This means that if you play your cards right, you could be hired immediately after you graduate and start earning an income that allows you to start paying off your student loans right away. Besides, the faster you pay off your loans, the less they will cost because you won’t be paying extra in interest fees. So there are some major benefits of being adept in the world of finance.
- Keep Your Options Open
When you earn a degree in finance there are a great number of careers that you can choose from. You could be a Certified Public Accountant, Chief Financial Officer, and so much more. Plus, these are all the types of jobs that every industry is in need of filling, so you could work in the entertainment industry, the world of sports, the arts, medicine, you name it. If you have a tough time committing to any one career, majoring in finance is a great choice because you can do the same basic job, but in any number of industries.
- Make Your Parents Proud
In the end, most all of us are just trying to make our parents proud. Of course, you can’t dedicate your life to making your parents proud if what you do doesn’t make you happy, but if it does make you happy, then you know that your parents will be happy too. And isn’t that the best of both worlds? The truth is that your parents just want to make sure that you find a way to be even more successful than them, so do yourself a favor and choose a major that sets you up for success.