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Accounting and Finance Degrees for Military and Veterans

Accounting and Finance Degrees for Military and Veterans

Accounting and Finance Degrees for Veterans and Military

Getting a degree in finance can be a smart choice for someone who loves numbers and wants to work with money in a professional setting. Finance majors develop analytical skills to read financial statements and appraise the financial standing of companies, organizations, or other entities. They also work with spreadsheets and other software that is used to process and present financial information to colleagues and clients.

Some schools may have separate degree tracks for accounting and finance. According to Gwynedd Mercy University, "...an accounting major is focused on concrete numbers within budgets, audits, taxes and more, while a finance major has a wider range, covering an array of specializations in business, economics, and banking. Read on to learn more about each career path and which is best for you."

Associate’s Degree in Finance

If you want to go for your associate’s degree in finance, you can qualify for many clerical or agent positions. These jobs can provide an opportunity for advancement after a few years. Getting your associate’s degree in finance will probably take you a couple of years.

You may take courses in statistics, trends and business law, principles of management, and accounting and investment. You can get your degree at a local community college or look for an online option. Davenport University, Northeast Iowa Community College, or Johnston Community College all have highly rated online programs.

Jobs you can get with an Associate’s Degree in Finance

  • Financial Clerks keep and update financial records, and do administrative work.
  • Accounting Clerks are responsible for numerous tasks such as matching invoices to purchase orders or vouchers, maintaining accounting records, filing documents, and assisting with the processing of accounts payable and receivable.
  • Information Clerks perform clerical duties, maintain records, collect data, and provide information to customers.

Bachelor’s Degree in Finance

Getting your bachelor’s degree in finance is the next level up from getting a job with an associate’s degree. Getting your bachelor’s degree will take around 4 years, depending on if you go to school full or part-time. Doing so will prepare you for the fundamentals you will need as a finance professional. You will be taught leadership and communication skills and should be able to pick a specialization.

Some of the specializations may include corporate finance, studies in investments, financial statement analysis, and international finance.

For online programs, Capella University, Southern New Hampshire University, and ECPI University are all highly rated. For in-person programs, Purdue University, Grand Canyon University, and The University of Virginia are all highly rated.

Jobs you can get with a Bachelor’s Degree in Finance

  • Budget Analysts organize the finances of an organization, run reports, track spending, and create and monitor budgets.
  • Financial Analysts study reports concerning the performance of different investments, and provide financial feedback to organizations to make financial decisions.
  • Financial Managers help plan and manage the financial activities of an organization, and help executives make financial decisions.

Master’s Degree in Finance

Deciding to get your master’s degree in finance can be the right next step if you want to move further in your career in finance. You would learn about new trends, technologies, and theories so you can stay up to date with the industry. 

You might cover topics such as investment banking, financial modeling, and economics. Students will take courses such as portfolio management, financial reporting, and financial investments. 

A master’s degree should take between 1-2 years, depending on if you go full or part-time. You would need to have a BA, preferably in finance. Some schools might also require previous work experience. 

For online programs, Johns Hopkins University, Georgetown University, and Boston University are all highly rated. For in-person programs, the Massachusetts Institute of Technology, Harvard University, and Columbia University in the City of New York are all highly rated. 

Jobs you can get with a Bachelor’s Degree in Finance

Doctorate Degree in Finance

Getting a doctorate or Ph.D. in finance will give you a better chance of securing a higher-paying job after graduation. A Ph.D. should take you around five years depending on the program. You might take courses in microeconomics, statistics, corporate finance, finance theory, or similar. You might find a job as a financial manager, a compensation and benefits manager, or a budget analyst. The University of Arizona, Walden University, and Boston College all have highly rated programs. 

Related Majors

Getting your degree in finance means you can apply for certain scholarships just for finance, or similar majors. 

Finance Scholarships

For A Bright Future Veterans and Family Scholarship

This scholarship is for qualifying students seeking higher education with an emphasis in science, technology, engineering, or mathematics, educating children, or the creative arts. 

Students must also demonstrate high performance and self-drive as evidenced by outstanding achievement in school and community or work-related activities. The number of scholarships varies. For more info, please go here.

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