Finance, B.S.

Finance, B.S.

What is a Finance Degree?

Finance DegreeFlorida Tech’s Finance degree program prepares students for employment in domestic or foreign-based companies involved in international trade or finance. Graduates typically work in careers such as commercial banking, financial planning, investment banking, money management, insurance and real estate.

Finance students at Florida Tech develop critical thinking expertise to evaluate global financial issues related to currency fluctuations, exchange rate risk, multinational investment and capital budgeting. Finance majors also develop an industry leading understanding of investments, capital budgeting, risk analysis, and foreign exchange hedging techniques.

Students in a finance degree program take courses in macro and microeconomics, accounting, business law, personal finance, statistics, E-business, international finance, portfolio management, corporate finance, strategic management and other fundamentals.

Graduates of Florida Tech’s corporate finance degree program work in corporate finance, personal financial planning, financial analysis, and investments, employed in many businesses, non-profit organizations and government. Financial analysts gather and dissect financial data and guide investment decisions. In addition, analysts look for market trends and investment opportunities while using formulas and statistical analysis to calculate risk and potential outcomes. 

What Practical Knowledge Do Students Gain in this Program?

Florida Tech professors use hands-on learning experiences and case methodology to ensure Finance majors gain practical experience applicable to the type of work they’ll do in their job. This includes developing detailed capital budgeting projects, making corporate financial decisions, understanding WACC, CAPM, asset management, preparing and analyzing financial statements, building leadership and teamwork skills, and understanding ethical decision-making.

Florida Tech finance degree majors build business experience by providing guidance to global businesses and government agencies making investment decisions. They learn and nurture the ability to assess the performance of stocks, bonds and other types of investments in international commodities markets, and make decisions leading to financial success.

What Kinds of Professional Relationships Do Students Build?

Beyond the classroom, corporate finance degree majors develop leadership experience through internships and participation in academic organizations like Delta Mu Delta (national business society), the Society for Advancement of Management, the International Business Club, student government and over 100 other student organizations. In addition, corporate finance degree students have the opportunity to learn about international business through Florida Tech's culturally enriched study abroad programs (Spain, the Netherlands and Oxford, England), and through working closely with global virtual teams on case studies through the internationally recognized X-Culture project.

What Type of Careers Will Graduates Find?

With a bachelor’s degree, strong communication and analytical skills, and technology experience, graduates work in entry level positions such as financial analyst, business analyst or support analyst. These positions allow students to grow their skills doing financial reports, trend analysis, pricing strategies, document financial transactions, data problem solving and more. Graduates also rise to additional opportunities including strategic planner, certified financial planner, senior financial analyst and more with an MBA and on the job experience.

Where Do Graduates Work?

Many large companies visit Florida Tech's Employer Day each semester, giving students the opportunity to network, look for internships and discover the opportunities a corporate finance degree might provide. Employers that have recruited Florida Tech students for internships and careers include GE, Duracell, Northrop Grumman, Lockheed Martin, Enterprise Rent-A-Car, and many more.

Can Students Earn an MBA at Florida Tech?

After receiving their bachelor of finance degree, many graduates continue their education at Florida Tech to receive a Master’s of Business Administration with a concentration in Finance. This advanced education of high-level knowledge may be completed in two years or less and provides a range of skills to meet the challenges of today’s complete global business environment. The program combines academic principles with practical, real-world applications to result in a solid business foundation.

Why Pursue A Finance Degree At Florida Tech?

Innovation, diversity, ethics and leadership – these tenets are the driving force behind Florida Tech’s educational experience. The bachelor of finance degree gives students the skills they need to begin a career in corporate finance managing decisions in long- and short-term financial planning, capital investment decisions, investment banking, asset management and other related financial concerns involved in running a company. Designed with input from global business leaders and Florida Tech business partners, the curriculum provides understanding of global business practices and issues, preparing graduates to succeed in the business world.

Students earning a bachelor of finance degree at Florida Tech can also:

  • Enjoy a global experience as they interact with a diverse student population, 30% of whom come from more than 100 countries around the world
  • Work closely with high quality faculty who have expertise in various international business disciplines such as economics, accounting, management, finance and marketing
  • Benefit from small class sizes and one-on-one mentorship
  • Participate in innovative class projects such as the globally-recognized X-Culture Virtual team case project

What Makes the Florida Tech Faculty Unique?

In addition to their doctoral degrees and extensive teaching experience, the Florida Tech faculty bring wide-ranging experience to the classroom, presenting a curriculum relevant to today’s complex business environment. Active in research that’s published in top journals, Florida Tech professors use their real-world experience and teaching at leading academic institutions to prepare students seeking a bachelor of finance degree to enter the workforce ready to conduct business.

The program is designed using a case-based methodology, that challenges students to apply their classroom knowledge to real-world financial problems that demand customized solutions. Graduates not only become financial experts, they learn how to interact with other corporate executives, analyze complex situations, make recommendations and create value.

What is the Student Culture at Florida Tech?

Students find a learning culture that supports individual creativity, leadership and team building while fostering ethical decision-making and diversity. Florida Tech attracts students for a bachelor of finance degree from across the U.S. and around the globe who seek a quality education that puts them in a strong position for selection by an employer upon graduation. The university’s reputation is well documented with employers around the world. Professors encourage innovative thinking and exploration offering many opportunities to work alongside business leaders and entrepreneurs through the Visiting Executive and Entrepreneur Programs that include lectures, mentoring and public talks.

What is the Nathan M. Bisk College of Business at Florida Tech?

The Nathan M. Bisk College of Business is dedicated to fostering ethical decision-making and educating leaders who make thoughtful decisions, set high standards and promote corporate accountability. Key initiatives in the corporate finance program include an ethics and leadership breakfast, intercollegiate ethics competition, leadership conference and projects about corporate social responsibility.

What is Special About Florida Tech’s Location?

Other corporate finance program colleges can't compete with Florida Tech’s location on Florida's Space Coast. Year-round warm weather, close proximity to beautiful Atlantic Ocean beaches, NASA Kennedy Space Center, the Indian River Lagoon, Port Canaveral, Sebastian Inlet and a wealth of entertainment in Orlando make Florida Tech a college of choice for students who enjoy the outdoors and want to participate in a dynamic learning atmosphere. The university also offers a wealth of student organizations and intramural sports and is just minutes from the airport and highway travel.

How Will A Finance Degree Prepare Me For The Future?

Florida Tech is well known for its hands-on learning environment, including the development of internships. Students studying for a degree in finance have access to internships and learning experiences with large and small firms including:

Large Multinational Firms

  • Lockheed Martin
  • Northrop Grumman
  • Embraer
  • Harris

Small and Medium Firms

  • Edward Jones
  • Fidelity Investments

Why Should Graduates Do a Finance Internship?

After graduating from Florida Tech with a degree in finance, landing a summer finance internship is a great way to achieve relevant industry experience and ascertain skills needed for your desired future position. Although being an intern can be very competitive in this field, completing an asset management, risk management or corporate financial analyst internship gives students the opportunity to learn a great deal about the industry in which they plan to work. It also helps graduates determine which specific type of finance job most interests them.

Typically, corporate finance interns have an aptitude for mathematics and they can interpret financial information and use that data for making forward-looking decisions. A corporate finance internship gives further insight into business dealings on various scales, from small businesses to large multinational corporations. An internship can lead to networking opportunities within the finance industry, entrepreneurship, or a career in an area like financial services or financial fraud investigation.

What Companies Offer Internships for Florida Tech graduates with a degree in finance?

  • Bank of America
  • America International Group
  • Chevron
  • Capital One
  • Qualcom
  • Adobe
  • BlackRock
  • Juniper Networks
  • Intuit
  • Nvidia

What is a Florida Tech Student Business Incubator?

Students have access to the Student Business Incubator facilities (where students test their entrepreneurship skills), fully updated computer classrooms that support team projects in accounting, finance, marketing, strategic management, among others, library resources in support of accounting and finances courses including VALUELINE and MERGENT, as well as SPSS statistical software for data analysis and marketing simulations.

The incubator also hosts regular student business hack-a-thons that allow cross-disciplinary collaboration among students as they solve real corporate problems in education, health care, military and communications. These events allow anyone with an entrepreneurial spirit to put their ideas out there and benefit from students who have knowledge in different areas of business development.

What Academic Organizations Does Florida Tech Have for Business Students?

Florida Tech’s chapter of Delta Mu Delta, a business honor society, recognizes academic excellence in business students. This organization also focuses on networking and connecting students from around the world to forge the connections that can eventually lead to accounting internships and successful careers in the field.

What Can You Do with a Finance Degree?

A finance degree from Florida Tech is the launching pad for successful careers in finance. A financial background opens doors in every field of business, giving graduates an array of specializations in the world of business, economics and banking. Students with a finance degree are ready to immerse themselves in a company’s financial strategy to increase the value of the company, while balancing risk and profitability. In fact, finance majors are among the top three most recruited majors in the country, with the some of the highest starting salaries, too! 

Employment of business and financial occupations is projected to grow 10 percent through 2026. Services provided by financial managers, such as planning, directing, and coordinating investments are projected to remain in demand as the economy grows. Several financial management specialties such as risk management and cash management are also expected to be in high demand over the next decade. Globalization, a growing economy, and a complex tax and regulatory environment are expected to create a strong demand for accountants and auditors. And with the continued growth of technology in all aspects of business, data analysts will become increasingly more important.

Financial managers develop and maintain the overall financial goals of their company or department. The exact tasks will vary depending on the company’s size: In large firms, financial managers are closely involved with strategic analysis; while those in smaller companies may be responsible for collecting and preparing accounts.

In general, careers in finance involve managing budgets, reviewing financial reports, making forward looking investment decisions, managing employees in the finance department, analyzing market trends, developing a network of financial contacts, and analyzing the results of investments. Women are also making rapid in roads in corporate finance positions, particularly those with leadership skills, which are highly valued.

A few examples of executive careers in finance include:

  • Managing or Finance Director
  • Investing Banking associate
  • Regional Vice President
  • Director of Risk Management
  • Vice President of Finance
  • Vice President of Investment
  • Director of Product Management
  • Senior Portfolio Manager
  • Vice President of Risk

Entry Level Positions

Graduates in entry level positions will perform such duties as documenting financial transactions, preparing financial reports, performing trend analysis, recognizing problems in data and creating pricing strategies.

Types of Roles:

  • Financial analyst
  • Associate support analyst
  • Business analyst

Entry Level position requirements:

  • Bachelor’s degree in finance or accounting
  • Strong communication and analytical skills
  • Technology skills and experience (i.e.: Microsoft office suite – specifically MS Excel).

Mid-Level Positions

With experience, careers in finance advance to additional duties including creating and monitoring company budgets, explaining financial data to company managers, writing company financial policies, hiring and supervising analysts, monitoring cash flow and building forecasts and budgets.

Types of Roles:

  • Cash manager
  • Senior financial analyst
  • Strategic planner
  • CFA, CFP

Mid-Level position requirements:

  • All entry-level requirements
  • Demonstrated high-quality performance and attention to detail
  • An MBA with a focus in finance or accounting

Senior Level Positions

As graduates gain experience and reach a senior level position, their job could entail such duties as creating financial plans, directing investments, ensuring company compliance with generally accepted accounting principles and leading teams of other finance professionals. Careers in finance are also influenced by the industry in which it exists. 

Types of Roles:

  • Director of finance
  • Financial Controller
  • CFO
  • Treasurer
  • CEO

Senior Level Requirements

  • All mid-level requirements
  • Track record of excellence and leadership in the field
  • Solid management skills
  • Knowledge of the industry and U.S accounting principles (GAAP), and International Accounting Standards (IFRS).

Who Hires Florida Tech Finance Graduates?

Careers in finance can be obtained in many different industries. Companies such as Harris Corp., Northrop Grumman, Rockwell, NASA Kennedy Space Center and Clear Channel Outdoor recruit Florida Tech graduates. Finance students are especially competitive in the market for leadership careers because of the hand-on experience and education gained while earning their finance degree. In addition to the core curriculum, each student has an opportunity to participate in a study abroad semester between the junior and senior years and given the option of participating in an international business practicum in the semester after graduation.

How Much Money Can You Make with a Degree in Finance?

Compensation is growing in many corporate careers in finance, and more jobs are opening as the global economy expands. Average salaries range depending on the area of expertise a graduate chooses. The Occupational Outlook Handbook, Bureau of Labor Statistics reports average salaries in several areas of finance to be:

Financial Analysts                   $84,000

Financial Specialists                $70,120

Securities, Commodities          $96,550

Financial Managers                 $125,080

Personal Financial Advisors      $90,640

Budget Analysts                      $75,240

Financial Examiners                 $81,690

Actuaries                                $101,560

As the financial services sector continues to grow and change to adapt to the ever-changing economic and political climate in the world, new careers in finance are likely to materialize offering other unique areas of specialty.

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