Financial analysts assess the performance of stocks, bonds, and other types of securities and advise individuals or businesses on smart investment decisions. Some work independently, while others work for major corporations. According to the U.S. Bureau of Labor Statistics, demand for financial analysts is expected to increase, which is faster than the average for all occupations.
Financial managers prepare financial reports, analyze data to help the company remain profitable, and manage a company’s investments. The BLS predicts that employment of financial managers will grow, much faster than average.
A budget analyst helps public and private companies produce the reports needed to track spending and keep their company operating in the black. The BLS projectsthat employment of budget analysts will grow as fast as average.
A business administration bachelor’s degree program gives students a solid foundation of hard and soft skills that are needed across a variety of business careers. This versatile degree program introduces students to:
Important business functions such as finance, accounting, and general business operations
Communication, team-building, and decision-making skills
Strategic planning and business ethics
When you add a focus on financial analysis, you get a more tailored education that lays the necessary academic foundation for a career in finance.
Here are four topics you will learn about with a Bachelor of Science in Business Administration (BSBA) with a concentration in financial analysis:
Major corporations today know that the key to their long-term success is diversification. At Purdue Global, as a business administration student with a concentration in financial analysis, you will learn how to effectively manage your company’s portfolio of investments and funding projects.
Finance statements are reports of financial health. Understanding how to both create and use these reports to better assess the fiscal health of a company is vital to becoming a key force in any corporation.
Financial statements such as the cash flow, retained earnings, and the balance sheet can be used to predict performance and gauge how well a company is positioned in the market. Such statements can also identify areas of trouble lurking unseen and help the company take advantage of opportunities as they arise.
Foreign exchange markets play a role in the financial choices of every major corporation. Knowing how to read and use these markets may give you the edge needed to compete in this demanding field.