Finance and Banking Schools; A Career in Banking

Finance and Banking Schools prepare students for professional careers in commercial banking, investment banking, and financial planning. The curriculum covers accounting, law, economics, finance, management, and marketing. Finance and Banking students learn about the financial system, securities markets, bank operations, lending, international banking, and management strategies.

The majority of Finance and Banking workers are employed in the commercial banking industry, providing banking services to individuals, small businesses and large organizations. There is a wide range of opportunities in commercial banking, such as leasing, credit card banking, international finance, and trade credit.

Another area of employment for Finance and Banking School graduates is Investment Banking. Investment Banks help investors purchase securities, manage financial assets, provide financial advice, and help businesses and governments issue securities.

Finance and Banking Schools also teach financial planning expertise. Future financial planners learn to design, implement and monitor financial policies; plan and execute financing programs; manage cash resources; and interface with investors and the financial community at large.

A high school diploma or GED will generally suffice for an entry-level Finance and Banking job such as bank teller. However, a college degree with an emphasis on business administration, accounting, statistics or finance is highly preferred. Finance and Banking degrees include a Bachelor of Science in Business Administration, a Master of Science in Banking, and even a PhD in Applied Management and Business Decisions.

The salary range for workers in the Finance and Banking industry depends greatly on education and experience. A teller may earn approximately $29,500 annually, while a bank president or investment banker may earn $190,000 or more per year.

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