I wanna major in finance for bechelor degree then go for Doctor for master’s is that possible?
Below is description of Pre-Med, Finance, & Accounting. I also encourage you to explore some other majors like business.
Finance is a very professionally oriented major designed to prepare you for a career in financial management, which is the art and science of managing money or, if you like, the way people, institutions, markets, and countries generate and transfer wealth. It’s a good major and potentially a very lucrative one because, these days, everybody – small businesses, monolithic corporations, charities, and governments – needs effective financial management.
If you major in Finance, you’ll study things like commercial and investment banking, forecasting and budgeting, and asset and liability management. You’ll learn more than you may ever want to know about money, stocks and bonds, and how markets function. You’ll learn how to determine what fraction of a firm’s assets (or your own assets) to put into different kinds of investment vehicles in order to obtain the highest return for a justifiable level of risk. When you graduate, all those baffling indexes at the back of the Wall Street Journal will make sense to you.
Upon graduation, your career can take many paths (naturally), but most Finance majors find jobs in the finance departments of firms; with banks, mutual funds, and other kinds of financial institutions; or in government or some kind of charitable organization. Some schools offer specialized areas of concentration within the Finance major as well – in insurance and real estate for example.
If you like free enterprise, thank an accountant. No, really. While Accounting isn’t exactly glamorous, it’s absolutely central to any properly functioning free market system.
In a nutshell, if you major in Accounting, you’ll learn how to keep financial records of business transactions and how to prepare statements concerning assets, liabilities, and operating results. It’s a fairly technical and very numbers- and detail-oriented field that involves economics, the interpretation of financial data, and management skills. It’s also a rapidly growing profession, and that’s not likely to change any time soon because monolithic corporations, governments, charities, labor unions, individuals, and pretty much all other kinds of entities need accountants.
While it’s possible to be a general accountant, specialization is a Big Thing in this field. Many accountants specialize in auditing, taxes, or consulting. There are also several professional designations within the field of Accounting. There’s your garden-variety CPA (Certified Public Accountant) as well as your CMA (Certified Management Accountant) and your CIA (Certified Internal Auditor). Keep in mind that you’ve got to pass an extremely challenging exam after graduation in order to earn any one of these titles, though.
Reality check: a pre-medical degree does not guarantee that you will be accepted into medical school. Pre-medicine is a curriculum designed to best prepare you for the MCATs (the Medical College Admission Test) and for the rigors of medical school. Rich in biology and chemistry, this major dovetails neatly into several other related areas of study (such as chemistry, biology, and biochemistry). It also provides a solid background in physics and mathematics.
If you declare pre-medicine as your major, be prepared to forget about a social life from time to time. Colleges design pre-med programs to weed out prospective applicants to medical school (read: organic chemistry). Med schools can only accept a certain number of students a year because a limited number of doctors may be licensed in the United States each year.
So if the thought of hundreds of hours spent poring over organic chemistry notes appeals to you in a strange way, if you refer to ER as one of your “stories,” if you think that the unabridged Gray’s Anatomy makes for some interesting reading, or if you think you can really study harder than most of your friends for four years, then pre-medicine just might be the major for you.
Be the boss’s boss. Or, at least, be a boss. And while you may not be the boss’s boss on day one, organizational gurus with stellar people skills and a head for business will flourish in business administration/management.
Creating and perpetuating a successful business has always been a challenge. And in the only-the-strong-survive world of modern business—rampant with new, ever-advancing technology—managers need unshakable knowledge, top-notch training, and a serious set of skills.
Management, according to Penn State University, involves “the coordination of human, material, and financial resources to accomplish organizational goals.” A major in business administration/management will provide that goal—focused training. You’ll get a thorough grounding in the theories and principles of accounting, finance, marketing, economics, statistics, human resources functions, and decision-making. You’ll come away a whiz on how to budget, organize, plan, hire, direct, control, and otherwise manage various organizations.
As a major in business administration/management, expect to work in small groups—no room for wallflowers here. Count on problem-solving, theorizing, and math-heavy number-crunching, too. You’ll have your choice of areas in which to concentrate; many colleges and universities require you to focus on one, while others allow you to sample several. Options might include operations management, human resources management, and general management.
This major will also get you thinking about issues such as diversity, ethics, politics, and other dynamics that play a role in every work environment. As a manager-to-be, you’ll also be required to develop a balance between sensitivity and fairness. You’ll need to be innovative, creative, and a good problem-solver. These qualities (and your winning personality) will put you on a path to successful management in any number of fields.
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