My Plan

          In 2016, I graduated from Fairview High School. Currently, I am sophomore at Penn State Behrend in Erie, PA. I have decided to major in Finance with a minor in either Economics or Accounting. I chose Finance because it is a practical choice for major that will provide many opportunities in the business field. The business world has always interested me, and I also really enjoy problem-solving. Math and Economics were my favorite subject in high school so Finance seemed to be a good mix of the two subjects.
          I did some research while I was in high school while I was still deciding which major I wanted to pursue, but not a lot. I knew I wanted to choose a business major but I never fully decided. The majority of the information that I found discussed the wide variety of jobs that could be done with a Finance major. I liked the flexibility that a Finance major would give me; the opportunity to be able to do many different jobs. Also, job security is important to me and Finance seemed to be a stable and growing area of work. With a Finance degree, there are many jobs that I could have. There are Financial Analysts, Financial Advisors, Financial Planners, Budget Analyst, Actuaries, and many others (Profita). Having many options with the degree is very important to me. The salary for these jobs is anywhere from $55,000-$70,000 (Investopedia). The best companies to work for as a finance majors are Capital One Financial, Fidelity National Financial, New York Life Insurance, and at number one, American Express (Loudenback)
          Some of the necessary skills of a finance major are the ability to effectively communicate and to handle stress, have an attention to detail, be able to problem-solve, make decisions, and also have a vast knowledge of financial laws and regulations, "tax structures, financial instruments, and economic theory" (Doyle). Along with these skills, there are also other technical and computer skills needed. For the majority of jobs, a "proficiency in... Microsoft Office..., particularly Excel," is necessary as well as some knowledge in SAP, QuickBooks, and Simply Accounting among other programs (Knapp). 
         I definitely still want to pursue a Finance Major. Not only do the jobs that come with a Finance Major pay well, but there are also a wide variety of places where I could work. I really enjoy problem-solving, math, working with computers, and economics so I think that a Finance Major fits well with my career and life goals. 

Doyle, Alison. “Applying for a Job in Finance? Check Out This List of 
       Finance Skills.” The Balance. 17 February 2017. 

 Investopedia. “What's the average salary of someone with a finance major?” 
      Investopedia, 2 Dec. 2014.

 Knapp, Kerry. “Finance And Accounting: What Do Employers Want?” 
      Monster Career Advice. 

 Loudenback, Tanza. “The 9 best finance companies to work for in America.”      
      Business Insider, Business Insider, 5 May 2016. 

 Profita, Mike. “Top 10 Jobs for Finance Majors.” The Balance.17 September 
      2017.

Comments

Post a Comment

Popular posts from this blog

E-commerce

One type of e-commerce is consumer-to-consumer or C2C. This type of e-commerce involves the transactions of goods online, whether on the internet or via an app, between two consumers, with no other outside businesses involved. In some cases, outside businesses can have some involvement in helping organize the sales, but in the end, the seller does all of the work. A popular type of consumer to consumer e-commerce is the company Etsy. Etsy allows people to create handmade items and then sell them directly to their customers through the Etsy website or app, or sell vintage pieces of art. This type of E-commerce has allowed thousands of people to sell/create unique products and has also allowed a secure platform for customers to buy these goods knowing that they will receive quality products. Another type of consumer-to-consumer e-commerce is Craigslist. On this website, people can sell anything which makes it similar to an online garage sale.  The selling, transactions, and d...
Read more

ERP Systems

Enterprise resource planning (ERP) systems are business process management software that allows organizations to use a system of integrated applications to manage and automate many parts of the business. These systems help with all aspects of running a business from accounting to filling and shipping orders. Some common ERP's are SAP, Oracle, Microsoft Dynamics, and Odoo. They improve internal business processes in many ways. These systems can manage inventory, planning and scheduling, human capital management, integrated customer relationship management, and simplified reporting (SelectHub). By using an ERP, doing all of these tasks makes managing the business easier and more efficient. Knowing when inventory is brought in and sent out, scheduling who should be working at a specific time and where to maximize production, and ease of generating reports are all very important to any business so having an ERP system can give ease of mind to managers when they have to regulate all of...
Read more