The College of Business boasts a wide variety of majors and concentrations for prospective and undeclared students to choose from. With so many options it can be tough to figure out which one is the best fit for you. If you enjoy numbers and are professionally oriented, meaning you know you want a career in the business world, then finance might be the right major for you.
What does a finance major do?
Finance is the foundation of all financial decision making. It concentrates on problems associated with asset valuation and investment decisions in both the corporate and personal realms. At its core finance is about managing money for individuals, institutions’ organizations, or other entities depending on students’ area of interest according to an article on petersons.com.
Classes as a finance major
“In general, finance majors will be studying the principles and tools necessary in order to make decisions for companies and other larger organizations in financial areas, such as where money can be allocated for the best financial effect,” said Petersons.
Throughout the course of your study, you will learn how money works, about different financial instruments, stocks, bonds, and markets according to Petersons. Finance majors at the University of Wyoming study a wide variety of topics in different courses including financial management, financial markets and institutions, investments, corporate finance, short-term capital management, and options and futures. A minor in banking and financial services is also available.
How you can get involved as a finance major
Joining student groups such as the Financial Management Association (FMA) and the Institute of Management Accountants (IMA) on campus can help you learn more about the opportunities available to you and more about the finance profession. These organizations allow for the opportunity to meet fellow students as well as access to career opportunities that might otherwise be unavailable.
Life as a finance major
A major in finance opens the door for professions in bond brokering, corporate finance, financial analysis, financial planning, underwriting, investment banking, venture capitalism, and portfolio management among others after graduation according to an article on petersons.com. Students can choose to enter the corporate world or stick with small businesses. There are many options available for finance graduates, however, as the economy changes the need for certain professions may also fluctuate.
For Additional Information
If finance sounds like a major you are interested in visit our College of Business Website or visit the Academic Advising Office to learn more about our finance major here at the University of Wyoming.