Types of Degrees Majors Are Getting

The following table lists how many other finance and financial management services graduations there were for each degree level during the last year for which data was available.

Education Level	Number of Grads
Graduate Certificate	143
Master’s Degree	136
Bachelor’s Degree	102
Associate Degree	12
Undergraduate Certificate	11
Basic Certificate	11

What Majors Need to Know

People with careers related to other finance and financial management services were asked what knowledge areas, skills, and abilities were important for their jobs. They weighted these areas on a scale of 1 to 5 with 5 being the highest.

Knowledge Areas for Other Finance and Financial Management Services Majors

This major prepares you for careers in which these knowledge areas are important:

• Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
• Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
• Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
• English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
• Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.

Skills for Other Finance and Financial Management Services Majors

When studying other finance and financial management services, you’ll learn many skills that will help you be successful in a wide range of jobs - even those that do not require a degree in the field. The following is a list of some of the most common skills needed for careers associated with this major:

• Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
• Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
• Speaking - Talking to others to convey information effectively.
• Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
• Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

Abilities for Other Finance and Financial Management Services Majors

As a other finance and financial management services major, you will find yourself needing the following abilities:

• Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
• Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.
• Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
• Written Comprehension - The ability to read and understand information and ideas presented in writing.
• Problem Sensitivity - The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.

What Can You Do With a Major?

Below is a list of occupations associated with other finance and financial management services:

Job Title	Job Growth Rate	Median Salary
Financial Managers, Branch or Department	18.7%	$127,990
Treasurers and Controllers	18.7%	$127,990

Who Is Getting a Bachelor’s Degree in ?

This major attracts more men than women. About 67% of the graduates in this field are male.

Racial-Ethnic Diversity

At the countrywide level, the racial-ethnic distribution of other finance and financial management services majors is as follows:

Race/Ethnicity	Number of Grads
Asian	3
Black or African American	9
Hispanic or Latino	2
White	68
International Students	11
Other Races/Ethnicities	9

Geographic Diversity

Students from other countries are interested in Other Finance and Financial Management Services, too. About 10.8% of those with this major are international students.

How Much Do Majors Make?

Salaries According to BLS

The median salary for someone in a career related to other finance and financial management services is $146,830. This median refers to all degree levels, so you may expect those with a more advanced degree to make more while those with less advanced degrees will typically make less.

To put that into context, according to BLS data from the first quarter of 2020, the typical high school graduate makes between $30,000 and $57,900 a year (25th through 75th percentile). The average person with a bachelor’s degree (any field) makes between $45,600 and $99,000. Advanced degree holders make the most with salaries between $55,600 and $125,400.

Amount of Education Required for Careers Related to

Some careers associated with other finance and financial management services require an advanced degree while some may not even require a bachelor’s. In general, the more advanced your degree the more career options will open up to you. However, there is significant time and money that needs to be invested into your education so weigh the pros and cons.

Find out what the typical degree level is for other finance and financial management services careers below.

Education Level	Percentage of Workers
High School Diploma - or the equivalent (for example, GED)	8.6%
Post-Secondary Certificate - awarded for training completed after high school (for example, in agriculture or natural resources, computer services, personal or culinary services, engineering technologies, healthcare, construction trades, mechanic and repair technologies, or precision production)	0.9%
Some College Courses	3.8%
Associate’s Degree (or other 2-year degree)	1.7%
Bachelor’s Degree	43.5%
Post-Baccalaureate Certificate - awarded for completion of an organized program of study; designed for people who have completed a Baccalaureate degree but do not meet the requirements of academic degrees carrying the title of Master.	13.1%
Master’s Degree	28.2%
First Professional Degree - awarded for completion of a program that: requires at least 2 years of college work before entrance into the program, includes a total of at least 6 academic years of work to complete, and provides all remaining academic requirements to begin practice in a profession.	0.2%

Online Programs

The following table lists the number of programs by degree level, along with how many schools offered online courses in the field.

Degree Level	Colleges Offering Programs	Colleges Offering Online Classes
Certificate (Less Than 1 Year)	0	0
Certificate (1-2 years)	2	1
Certificate (2-4 Years)	0	0
Associate’s Degree	2	2
Bachelor’s Degree	21	10
Post-Baccalaureate	0	0
Master’s Degree	11	0
Post-Master’s	3	0
Doctor’s Degree (Research)	1	0
Doctor’s Degree (Professional Practice)	0	0
Doctor’s Degree (Other)	0	0

Is a Degree in Worth It?

The median salary for a other finance and financial management services grad is $146,830 per year. This is based on the weighted average of the most common careers associated with the major.

This is 268% more than the average salary for an individual holding a high school degree. This adds up to a gain of about $2,138,600 after 20 years!

Majors Related to

You may also be interested in one of the following majors related to other finance and financial management services.

Major	Number of Grads
Finance	51,658
Financial Planning & Services	1,136
Banking and Financial Support Services	953
Investments and Securities	385
International Finance	93
Public Finance	41
Credit Management	9
Financial Risk Management	0

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

• College Factual
• College Scorecard
• National Center for Education Statistics
• O*NET Online
• U.S. Bureau of Labor Statistics
• Usual Weekly Earnings of Wage and Salary Workers First Quarter 2020
• Image Credit: By Dave Dugdale under License

More about our data sources and methodologies.