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Is Finance a Hard Major?
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Is Finance a Hard Major?

Finance majors have access to some of the best-paying jobs in the world. Furthermore, finance-related careers are expected to grow dramatically over the next decade.

This article is ideal if you intend to pursue a finance degree in the future. We’ll go over how difficult a finance major is to give you a sense of what to expect.

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How Hard Is a Finance Degree?

A finance degree is moderately difficult to obtain. Finance courses, while requiring math and analysis, are not particularly complex or difficult at the bachelor’s level. The difficulty of a finance degree is determined by the required core courses, advanced courses chosen, and the overall difficulty of your university.

The brightest students are drawn to top-tier universities. As a result, universities must make their courses more challenging. As a result, classes at higher-ranked universities will be more difficult and mathematically rigorous.

A finance major, like other degrees, requires 10-15 mandatory core courses. These classes serve as the foundation for a finance degree. They cover the fundamentals and equip students with the tools and knowledge they need to take more advanced courses in their senior year.

Core courses for a finance majors typically include the following:

  • Principles of Financial Accounting
  • Principles of Managerial Accounting
  • Principles of Microeconomics
  • Principles of Macroeconomics
  • Statistics for Business and Economics
  • Information Systems
  • Calculus I
  • Foundations of Business Analytics
  • Operations Management
  • Business Ethics
  • Business Law I
  • Financial Management
  • Organizational Behaviour
  • Strategic Management
  • Fundamentals of Marketing
  • Investments
  • Advanced Corporate Finance
  • Financial Statement Analysis

Your remaining classes will be made up of general electives and advanced finance courses.

Can I Major in Finance If I am Bad at Math?

If you are not good at math, you can still major in finance if you are willing to work hard to improve your math skills. The math in a finance major is not particularly difficult, but it is present throughout. Because finance is a math-intensive subject, you should spend some extra time honing your math skills.

Is Finance Harder Than Accounting?

Finance is not more difficult than accounting. Accounting is more difficult than finance because it is more detailed, rigid, abstract, and requires a great deal of math. Finance, on the other hand, is less rigorous and math-oriented. Because of these factors, finance is a more straightforward major than accounting.

Is Finance Harder Than Economics?

Finance is not more difficult than economics. Economics is more difficult due to its complexity, abstraction, theoretical underpinnings, and mathematical underpinnings. Finance also necessitates a significant amount of maths; however, the math involved in a finance major is not overly complex. Because of these factors, majoring in economics is more difficult than majoring in finance.

Conclusion

Finance is a fantastic major, especially if you can put what you’ve learned in college to use. Finance is a moderately difficult major; it is easier than STEM subjects but more difficult than the majority of humanities and liberal arts degrees.

Finance may be an excellent career path for some people but a poor one for others. Make sure that whatever degree you intend to pursue is a well-thought-out decision.

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