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Financial Management Degree Program Info - Bachelor Degree Information

Published Dec 20, 2006

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A Bachelor's Degree in Financial Management is similar to a degree in Finance, however, a Financial Management degree is geared more towards people who want to work for businesses. Financial managers make important decisions concerning the directions businesses are going with their money.

What is a Bachelor's Degree in Financial Management?

A Bachelor's Degree in Financial Management prepares the student to pursue a career making money management decisions for businesses and organizations. Financial managers must be focused on the long-term picture and be able to develop financial strategies. To this end, a degree in Finance Management teaches the fundamentals of economics, finance, accounting and business administration. Throughout the course of the degree, the student will learn how to be a creative thinker and how to solve problems in the business world.

Typical courses for a Bachelor's Degree in Financial Management include:

  • Financial Accounting
  • Managerial Accounting
  • Business Law
  • Principles of Finance
  • Marketing
  • Introduction to Macroeconomics
  • Global Finance

What Careers Can a Bachelor of Financial Management Pursue?

A Bachelor's Degree in Financial Management preparers the graduate for the following occupations, although some might need further schooling:

  • Financial Controller
  • Cash Manager
  • Risk and Insurance Manager
  • Treasurer
  • Finance Officer

Earnings Potential

According to the Bureau of Labor Statistics (www.bls.gov), the median annual income for financial managers in 2004 was $81,880. The highest-paid financial managers worked for securities and commodities brokerages, earning a median annual income of $129,770. The lowest-paid financial managers worked in depository credit intermediation and made a median annual income of $64,530.

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