Free Online Resources for Finance Majors

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As a Finance major, you may understand the promise that comes with studying in your field, but you have to prepare yourself while in college in order to succeed. Success takes years of preparation and knowledge in order to achieve your goals—it also takes knowing what resources you have at your disposal.

Financial Papers

Practice Becoming Financially-Savvy

If you are interested in learning about how to prepare for your field then get a start at MyMoney.gov. This government-sponsored website will teach you how to prepare your own personal finances during college and beyond. The information provided can teach you how to manage your finances and how to teach others how to do the same. In order to be considered for a number of jobs, companies like to see someone that sets a good example. Get your finances in order to increase your chances at obtaining a position somewhere shortly after college.

Find Money for Education

You may not have a lot of money to fund your education, and that is fine. Many websites have a list of resources you can use to find scholarships and aid. Sites like Scholarships.com and Studentaid.ed.gov have information on a number of scholarships and grants for both undergraduate finance majors and graduate-level business students. Did you know that there is no limit to the amount of scholarships you can receive? This means that you can apply for a dozen scholarships and use any money earned towards your education. Pay for tuition, books, housing, and cost of living with scholarships. Save the money you earn so that you can have a decent amount after college. If you pick up a part time job, then all that does is put more money into your pocket. Most campuses offer work-study programs for undergraduate finance majors, or teaching assistant positions for graduated students.

Read Investment News Sources

To become a competent finance major you are going to want to understand the condition of the economy. Your job might one day lead you to analyze spending trends or to plan out the investments for a company. Getting an understanding of the future of the economy and being able to make predictions can help you figure out how to make the best decisions possible. Your value as a finance major and potential employee rises when you work toward becoming more financially-competent. Spend some time reading different news outlets while in college so that you have a good grasp on the economic status of things. The Wall Street Journal, BusinessWeek, Forbes, and The New York Times are all great resources.

Obtain Experience

Find an internship or summer job related to your field. Visit your school’s career center and see if you can find any part time jobs or internships that are related to finance. Practical experience is always good and it can help you make some money. The biggest thing you get when you walk away from an internship or job is the experience. The company you worked for may even decide to hire you full time when you graduate college. Either way you still got good experience that you can put on your resume. Now is the time to start looking into obtaining experience in your field. Make yourself as competent as possible, and earn some money on the side!

Think about where you want to be 5 years after you graduate college. Plan to position yourself so that you can reach your goals. Finance majors are good at planning so make sure that you plan out your future as well. When you plan properly you will be happy with the life you have created. Read up on the resources provided from the Federal Reserve Education; the information presented can help you learn skills in negotiation, investments, and more!

This article was written by Richard Craft, an MBA student who majored in finance during his undergraduate career. He recommends taking a look at the finance jobs with moneyjobs.com if you’re interested in continuing on and working in finance.