How to Tell if an Online Finance Degree is Right For You

December 14th, 2012 by

Online Finance DegreeTrying to narrow down a sea of options and pick just one degree is not an easy task for a lot of people. You might be wondering if a college degree is really necessary, if working in the financial industry is all it is cracked up to be or even if you have the time to attend college classes on campus every day. It is easy to feel overwhelmed when making these big decisions.

If you are unsure about whether an online finance degree is the right choice for you and your career prospects, maybe the information below can provide some food for thought. If you can answer yes to most or all of the following questions, then you are a great candidate for this degree.

If not, you might want to reconsider your career plans and the time you have available for a college degree.

Do You Meet the Standard College Entry Requirements?

Before you can enroll in a college degree program online or in a traditional campus, you will need to meet specific entry requirements. It is important to note that these can change from location to location, and certain degree programs will have different prerequisites.

However, most schools will ask all applications to submit a formal application, write an admission essay, have proof of their high school diploma or a general education degree, be over the age of 18 at the time of enrollment and submit some kind of educational or employment character references.

For those applying to financial degree programs, it is also beneficial to have strong skills in math and a basic background knowledge in economics.

Do You Know What a Financial Degree Consists of?

Although it is impossible to know exactly what to expect from every single degree program, aspiring financial students Online Finance Degreeshould at least have an idea about what their degree curriculum will consist of.

An associate degree with take two years to complete and requires 60 credits for graduation, but a bachelor’s degree takes twice as long to complete and demands twice the credits.

A master’s degree is an advanced program that takes over a year to earn and is added to an existing bachelor’s degree.

The curriculum for all these financial degrees will vary in difficulty and scope, but they will generally cover subjects like accounting, risk management, international accounts, investments, statistics, financial markets around the world and international business transactions.

Are You Excited About Potential Financial Careers?

For most people, the ultimate goal of earning a finance degree is to secure a career in the financial industry.

If you have no interest in doing this, you might want to rethink your educational plans. There are many fascinating career opportunities for graduates holding this degree, a few of them including that of financial analyst, investment advisor, stockbroker or personal financial consultant.

Salaries can range from $27,000 as a beginning credit analyst to more than $100,000 annually as a consultant for a major corporation.

Are You Comfortable Using Computers?

All too many people think that in order to earn an online degree, they have to be incredibly skilled in computing techniques. However, that could not be further from the truth. Online degrees are designed to be easily completed by anyone with basic computer knowledge.

If you are comfortable using a computer for basic things like checking emails, typing work documents and researching on the Internet, you will be prepared to take on the challenge of an online degree.

If these questions confirm your desire to earn a finance degree, then consider earning one through an accredited online college. Online programs are recognized by employers and are typically more convenient than traditional campus degrees. Explore your options at and begin investing in your future.

About the Author:

Sandy Davis

Sandy Davis is a long-time educator who holds a Master’s Degree in Education, having taught English, writing, and communication on the secondary and college levels. With ten years of experience in blogging, social media and content management, she is a freelance writer and content marketing specialist for a diverse range of clients.

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