Finance is a difficult major for those who are not familiar with accounting and financial skills. You need to have number crunching ability and passion for the stock market ,economics and the financial world. If you are not passionate about finance then it is going to be hard.

There are 3 points you need to know about math in investment banking: You don’t use it that much. The math you do use is very simple. Therefore, you don’t have to be a math genius – but you do have to be good with numbers.

While you won’t need to learn complex advanced mathematical theories, you will need to develop strong analytical abilities and enough of a background in algebra, calculus and statistics to apply concepts of these math branches to the finance field.

Basic math will do the job 99% of the time. The majority of math in branch banking is arithmetic, and most of that is just simple addition and subtraction. In the loan area, it gets a bit more complex, but the computer systems do the heavy lifting when calculating Annual Percentage Rates, loan payments, and late fees.

A traditional finance major does not require math beyond high school algebra and some statistics. There is no calculus or linear algebra involved, even at the MBA level.

In an analysis of the top-paid business majors for US graduates, NACE (the National Association of Colleges and Employers) reported that starting salaries for accounting majors in the US averaged US$57,511, while finance majors started at a slightly higher salary of US$58,464.

Overall, finance students rate their satisfaction with their degree a 3.1 out of 5. For context, finance students rate their happiness similarly to students in Engineering Technology, Digital Communication And Media/Multimedia and Finance and Related Studies.

CollegeVine’s Top 10 Hardest Majors

1. Chemistry. Average GPA: 2.9.
2. Chemical Engineering. Average GPA: 3.2.
3. Electrical Engineering. Average GPA: 3.3.
4. Physics. Average GPA: 3.1.
5. Architecture. Average GPA: 3.3.
6. Nursing. Average GPA: 3.2.
7. Accounting. Average GPA: 3.2.
8. Cellular and Molecular Biology. Average GPA: 3.2.

Yes, a finance degree is worth it for many students. According to the Bureau of Labor Statistics, business and financial jobs are set to grow at 5% over the next 10 years, faster than the average for all occupations.

Studying finance can prepare you not only for careers in the financial services sector, but also for tasks in your everyday life. And because finance revolves around planning and analysis, studying finance and becoming more financially literate enables people to make better personal financial decisions.

But most finance degrees are not so hard. It is a mix of finance, economics and a little of accounting. However, there are some school that have more economic focus and can make a finance degree difficult. They have great econ/ finance courses.

First, studying banking and finance provides you with the basic knowledge on the foundation for a broad range of careers across different fields like banking, broking, consulting, funds management, and insurance. Secondly, studying finance can also prepare you for tasks in your everyday life.

A finance major learns how to work with businesses to streamline operations through financial planning, investing, problem-solving and budgeting. Students in finance and financial management services majors learn how finance professionals are key to helping businesses make and keep their profits.

1. What the Experts Say.
2. Overcome your fears.
3. Learn the lingo.
4. Tackle the balance sheet.
5. Focus on key metrics.
6. Play with numbers.
7. Find a financial mentor.
8. Make it personal.

List of the Top Finance Certifications:

• Chartered Financial Analyst (CFA) certification.
• Certified Public Accountant (CPA) certification.
• Chartered Alternative Investment Analyst (CAIA) designation.
• Certified Financial Planner (CFP) designation.
• Financial Risk Manager (FRM) certification.

Best Jobs for Graduates With a Finance Degree

• Investor Relations Associate.
• Budget Analyst.
• Actuary.
• Accountant.
• Credit Analyst.
• Attorney.
• Commercial Real Estate Agent.
• Business Teacher.

Attaining a certification like the Chartered Financial Analyst (CFA) from the CFA Institute can also boost a finance specialist’s career prospects. Whether your idea of “rich” is $80,000 per year or $8 million, earning a finance degree can help you attain a job with a high earning potential.

The highest paying jobs in retail banking usually belong to loan officers and major corporate executives, such as the chief financial officer (CFO) and chief risk officer (CRO).

Top Careers in Banking and Finance in 2020 – 2021. Corporate finance, investment banking, and trading are some of the most sought after sectors by job aspirants. Here’s what you need to grab such high profile roles in the market….

List of top Banking Jobs is as follows:

• SBI PO.
• RBI Grade-B Officer.
• NABARD Grade A & B Officer.
• RBI Assistant.
• NABARD Development Assistant.
• IBPS PO.
• IBPS RRB PO.
• SBI Clerk.

Salary is best reason to join any industry. Its true that banking industry offers good remuneration to the employees. Banks also offer added benefits to their employees like minimum Rate of Interest on loans, Medical benefits, Pension benefits and so on. Banking Industry has job safety as well as job stability.

In India, some of the most stressful jobs include that in the banking, finance, IT, construction and medicine sector. Bankers, especially investment bankers, work long hours, suffer from inadequate sleep and exhaustion.

• MBA. When it comes to a career in banking, an MBA is still the gold standard.
• Finance. A finance degree is all but mandatory for certain banking roles.
• Business.
• Economics.
• Accounting.
• Financial Engineering.
• Physics/ Engineering/ Mathematics.
• Banking.

IBPS PO is not a difficult exam. If you go through the IBPS PO syllabus in details, you will realize that most of the syllabus is of basic, high school level. What makes it difficult for most of the candidates to clear the exam is the lack of a proper study plan.

Not paying attention to negative marking While taking the exam, candidates try to solve a maximum number of questions without taking note that for every wrong answer, negative marking applies. This is a major reason for their failure in bank exams. Guesswork does not work in such competitive exams.