What Is a Finance Degree ?
Finance degree is an academic degree awarded to students who have completed a finance-related degree program at a college, university, or business school.
Types of Finance Degrees
There are four basic types of finance degrees that can be earned from a college, university, or business school:
- Associate Degree
- Bachelor Degree
- Master's Degree
- Doctorate Degree
An associate degree with a focus on finance can usually be earned in two years or less. A bachelor degree in finance can usually be earned in three to four years. A master's degree in finance can be earned in one to two years or less after completing a bachelor's program. Doctorate programs with a focus on finance take approximately four to six years to complete and require at least a bachelor's degree--though a master's degree is a more common requirement.
A bachelor degree is required for most positions in the finance field. However, there are some cases in which an associate degree would be sufficient. For example, an individual with a finance degree can often get an entry-level position at many banks and accounting firms. A masters degree or MBA in finance often leads to the best job opportunities. A doctorate degree in finance will qualify an individual to work as a faculty member at a college, university, or business school.
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