Banking degrees come in a variety of levels. Each degree provides unique advantages to students preparing for careers in the banking and financial industries. The financial services industry is one of the world’s largest employers. Millions of people work to provide financial products and services to retail customers like us or businesses all over the world. These individuals come from a variety of backgrounds and academic fields. MBAs, for example, typically dominate investment banking. More people with a mathematical or computer science background work in trading. Look around and you’ll see economists, engineers, computer programmers, lawyers, mathematicians, accountants, doctors, and even former air force pilots!

However, just because something is possible does not imply that it is simple. With relevant academic credentials, you are far more likely to land a job in banking or finance. While unusual moves are possible, they are uncommon. Having a bachelor’s or master’s degree that closely matches your preferred banking role’s skill set is still the most likely way to get in. But what is the appropriate degree? Which majors should you pursue? The following is a list of the best degrees/majors for various banking roles and career paths.

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Degrees to Help you get into Banking

Here are the best degrees/majors for various banking roles and career paths are listed below.

1.     Finance

Certain banking positions almost always require a finance degree. Anything that requires a lot of numbers or a lot of analysis would benefit greatly from a finance degree. Treasury management, financial planning, credit analysis, and even more specialized roles in capital markets and investment banking are some examples.

As a business degree, a finance qualification is another requirement for banking. The main distinction is that a finance degree is better suited for roles with a more analytical bent, whereas a business degree is better suited for more sales-oriented roles. This is not an absolute rule, and your skillet and experience are usually more important deciding factors.

More advanced Finance degrees would allow you to pursue more senior positions in more desirable divisions. While a basic degree is ideal if you simply want to gain some experience before pursuing further studies.

2.    Economic

Apparently. This may appear to be the most obvious degree at first glance, but it is also the one that eventually leads to the most banking positions. however, economics is a much broader degree than one that only directs people toward banking.

An economics degree from a reputable university will most likely open many doors in the financial field, from stockbroker positions to statisticians, investment banking to accountancy. If you aren’t sure which path to take, economics may be the best middle-ground option. This article from Essex University provides a good overview of job opportunities with an economics degree. Find the Best Economics Courses in the UK as well.

3. Business

Business is another degree option that probably not surprising to those reading, but one that offers something a little different than economics. While an economics degree provides a more comprehensive picture of the entire economic world, a business degree is much more concerned with what is profitable and feasible. In reality, the two overlap on many topics, but it’s worth remembering.

Entrepreneurs are drawn to business studies courses, which may explain why it has become one of the most popular courses in the UK. A business degree provides you with a comprehensive understanding of the business world, and if you want to open your own business one day, this could be a good option. And the financial aspects of a business degree are a sure-fire way to get the banking industry’s attention.

4.    Banking

Some universities offer business/finance degrees with a focus on banking. This essentially means that certain banking-related courses, such as risk management, accounting, corporate finance, banking regulations, and so on, are added on top. This is also a viable option because such a degree will undoubtedly better prepare you for some retail/commercial banking positions.

The curriculum for such courses is similar to that of business and finance courses, but with a greater emphasis on banking concepts, terminologies, risk management, compliance, financial regulations, and so on. This excellent online Corporate Finance program from Columbia University lays the groundwork for what you need to know. You can also look for Banking programs here.

5.    Accounting

Accounting degrees are better suited to roles in banks that are inward-looking rather than client-facing. Financial reporting, taxation, and auditing, for example, would be ideal roles for accounting degree holders. Accounting and audit roles in banks are generally similar to those in other large corporations. The only difference is that the balance sheet would look very different.

Accounting and audit specialists, on the other hand, can move into a variety of other fields. Risk and treasury management are obvious favorites, but based on your aptitude and experience, you could even work in sales.

6.     STEM

STEM stands for Science, Technology, Engineering, and Mathematics. STEM degrees range from physics to engineering to computer science and chemistry. These are areas that are constantly changing, and studying such topics that appear to be at the cutting edge of so much of what we do today can be a truly exhilarating experience.

Banking may not be the first job that comes to mind when considering a STEM degree, but you’d be surprised how many people choose that path. But the beauty of a STEM degree is that it keeps your options open – wide open!

STEM jobs include biomedical engineering, computer programming, and statistics, to name a few. If you do decide to pursue a career in banking, the math and engineering components of the course will be invaluable. Check out Stem Graduates for more information on your STEM degree options.

7.    Investment Banking and Finance

If you want to work in a bank, this is probably the most specific course you can take. However, when compared to other degrees on this list, the number of available courses is significantly lower. This is also the type that, if you take it, limits your future options.

While a STEM course can prepare you for a wide range of jobs, a degree in Finance and Investment Banking prepares you for a very specific set of jobs. Maybe that’s exactly what you’re looking for. If you want to work in investment banking, why waste your time on courses that include a large number of non-related components? If you know exactly what you want, this is the one for you.

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This blog post is originally from 7 Best Degrees to Help you get into Banking and written by silvercloudtravels

A business degree is one of the most popular degrees pursued by higher education applicants and students worldwide. This top-ranked professional degree provides a diverse range of lucrative career opportunities as well as rapid career advancement for a graduate. A business degree is an excellent way to develop many of the transferable skills required for working in a business.

You can pursue a variety of business degrees, the most common of which is an undergraduate business studies degree. Accounting, finance, management, and, increasingly, entrepreneurship are common subjects covered in a business studies degree. This broad range of topics reflects the multidisciplinary nature of business and the importance of understanding all of the key elements required to run a successful business. Let’s talk about jobs that you can do with a degree in business.

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What is a Business Degree?

A business degree teaches finance, marketing, management, and administration theories, as well as how to apply these theories to real-world problems, in order to prepare students for the fast-paced, ever-changing business world.

There are numerous business degree specializations available at the Bachelor’s level. Among the options are:

Accounting

Finance

Entrepreneurship

Human Resources

Healthcare Management

International Business

Marketing

Public Administration

Healthcare Administration/Management

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Jobs you can do with a Business Degree

Now let us look at what you can do with a business degree

1.    Business Analyst

Average annual salary: $74,469

14 % job growth

As a business analyst, you will use your business expertise and knowledge to observe marketing and business trends and apply your findings to the development of the business or firm with which you are working. To be a successful business analyst, you must have a combination of business acumen, analytical thinking, research abilities, and excellent communication skills.

2.    Logistics Manager

A Logistics Manager is the person in charge of purchasing and shipping products or goods throughout a supply chain. This position is critical for keeping the operation on track (and on a budget).

Salary: $74,590 on average

Growth is expected to be 7%.

B.S. in Operations & Supply Chain Management is a recommended business degree.

Logistics managers are in charge of many aspects of the supply chain, such as transportation, warehousing, and inventory control. They frequently spend a significant amount of time visiting supply chain points. The efficiency of a company’s supply chain has a significant impact on its profitability, and logistics managers play an important role in this component.

3.    Marketing Analyst

Average annual salary: $65,810

Job growth of 22%

If you are an analytical and creative person who can persuade anyone with raw data to sell a product, this role is perfect for you.

As a marketing analyst, you will conduct research on consumer habits, competitors, and their products, and present an insightful action plan.

4.    High School Business Teacher

Business teachers in high schools teach introductory business courses (such as business operations, marketing, and management).

Salary: $59,170 on average

76,800 new jobs are expected to be created between 2016 and 2026. (for all high school teachers)

Growth is expected to be 8%. (for all high school teachers)

I suggest a business degree with a B.S. in Business Education. Consider pursuing a business education degree if you enjoy working with students and learning about business principles. This degree will prepare you to teach business fundamentals to 9th-12th graders in an engaging manner. A degree will enable you to create educational tools for teaching business to the next generation of leaders.

5.    Financial Manager

Annual salary average: $134,180

17%  job growth

A financial manager position is one of the most lucrative and is an excellent example of what you can do with a business degree! As a financial manager, your primary responsibility is to oversee an organization’s financial health. You’ll write financial reports, direct investment activities, analyze market trends, and create long-term financial plans.

6.    Human Resources Specialist

Average annual salary: $63,490

10%  job growth

HR specialist is one of the most sought-after job roles among recent business graduates. You will be in charge of maintaining a firm’s talent quotient by recruiting new professionals and managing the employment factor. You will need to work on recruiting, screening, and interviewing new people, as well as training them once they are on board, to keep the core objective driving from your side. Aside from these, you will be responsible for compensation management, new hire paperwork processing, and complaint resolution.

7.    Account Manager

What they do: Account managers are responsible for establishing and maintaining mutually beneficial relationships between businesses and clients. What this entails varies by employer, but there is usually a sales component to their work. They’ll spend their time communicating with clients, learning about their needs, and (ideally) selling additional services to meet those needs.

Account management positions are frequently a mix of sales and customer service work they want to maintain a strong working relationship with existing clients as well as push for new business. You’d be a good fit for this role if you enjoy building relationships, listening, and probing for sales opportunities or other areas of concern. Communication will be essential.

8.    Sales Manager

What they do: As you might expect, sales managers manage a team of sales representatives. Setting sales goals, preparing budgets, training sales staff, and planning expansion efforts are all part of this. They may also be asked to assist junior sales representatives in navigating customer questions or complaints, and to weigh in on escalated issues as needed. If you’re a natural salesperson and strategic thinker who enjoys finding ways to push buttons and motivate a team to achieve goals, you’d be a good fit for this role.

9.    Sales Representatives

What they do: Sales representatives are in charge of selling a company’s product or service. They spend their time contacting prospects at various stages of interest in the hopes of starting a conversation about their requirements. During these conversations, they will listen to prospects’ pain points and needs and highlight how their product or service can help.

You’d be a good fit for this role if you’re an excellent communicator (both listening and speaking) and have the ability to persuade others. You’ll also need a strong sense of determination and drive because you’ll most likely be rejected several times.

ALSO READ: 6 Triple-accredited business schools in the UK for international students

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This blog post is originally from 9 Amazing Jobs you can do with a Business Degree and written by silvercloudtravels

International students can attend triple-accredited business schools in the United Kingdom. “Triple accreditation” is a term that can be found in business schools and reputable academic institutions for professional and career advancement. Receiving a certificate or degree from a school with Triple accreditation is worth its weight in gold in business, indicating not only the school’s stellar reputation but also the individual’s strong work ethic and drive to excel in business overall.

Before a business institution can be accredited it is based on the high standard and quality of academic offerings provided by the school. Accreditation is granted based on the quality of the school’s teaching, the caliber of its staff and faculty, and the student evaluation.

While accreditation from one or two of the governing bodies is prestigious in and of itself, holding the Triple is highly valued in the world of business schools. This is due to the stringent set of standards that an institution must meet in order to receive an award from all three of the leading business academic organizations. At its most basic level, the accreditation is dedicated to maintaining a high level of business education and advancing entrepreneurs and business-minded individuals in their programs.

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What are Triple Accredited Business Schools?

The star recognition provided by the combined body of AACSB in the United States, AMBA in the United Kingdom, and EQUIS in the European Union are known as triple accreditation or triple crown accreditation for business schools.

The importance of obtaining an MBA from a triple-accredited business school is that the business program will be of the highest quality and will be recognized by employers worldwide. So you can expect to stand out while looking for work!

Without further ado…

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Triple accredited business schools in the UK

If you are an international student interested in becoming a business leader or in the planning, running, and operations of a company, pursuing an undergraduate or postgraduate business degree in London can put you on the right track. Learn more about the UK’s top six triple-accredited business schools.

1.  University of Birmingham

The University of Birmingham’s Birmingham Business School is one of the top triple-accredited business schools in the UK. The school aims to develop young businessmen and women into leaders with a forward-thinking vision and innovative business strategies.

The courses and degrees available here are diverse. Aside from undergraduate and graduate degrees, they have also started research studies and a few online programs! Lessons cover topics such as business administration, finance, economics, statistics, accounting, and banking. One of the important factors that distinguish this business school is its mission, which allows students to interact with industry professionals and be a part of an integrated learning environment. The students are also exposed to a diverse range of career opportunities!

Examine the best courses at the University of Birmingham.

2. University of Kent

The University of Kent’s Kent Business School is ranked among the top 30 business schools in the United Kingdom. They strive to develop leaders and innovators in students and to help them excel in business, administration, finance, and education. This university has more vibrant feathers in its cap thanks to outstanding state-of-the-art facilities and a hub dedicated to research and innovation!

This school offers undergraduate degrees in accounting, finance, investment, management, and international business. Postgraduate courses in these fields are also available. This school’s ASPIRE program is one of the best places to develop as a budding entrepreneur and broaden your career options!

3. Durham University

Durham Business School, founded in 1965, is one of the best triple-accredited business schools. It is also one of the oldest in the United Kingdom. This school is ranked 45th in the Finance Times European Business School rankings. In addition, as a triple-accredited business school in the United Kingdom, this school is among the top 1% of global institutions.

The Durham Business School also provides a diverse range of courses in business, finance, management, and economics. Aside from that, the campus’s unique and historical setting, combined with an exceptional setup of integrated teaching programs, distinguishes Durham Business School from others.

4.  University of Leeds

Leeds Business School is also one of the Triple-accredited universities in the UK. With its structured and organized faculty excellence and sustainability in a course format, this university primarily focuses on making an exceptional global impact.

Again, there is a wide variety of courses to choose from. All of the courses are primarily concerned with the advancement of knowledge within the business school through the use of innovative research teaching methods. Leeds Business School has six major departments where you can work on your thesis.

5.  University of Glasgow

The Adam Smith Business School at the University of Glasgow is one of the top 1% of triple-accredited business schools in the UK. The course structure allows students to investigate, research, and analyze complex issues in business and management in order to develop strategic solutions.

The syllabus is organized as integrated study programs, which allow students to have an interactive study experience rather than boring classes. One of their strengths is combining world-class research and teaching.

6. University of Bradford

Last but not the least, Bradford University was one of the triple-accredited business schools in the UK, it was named “Business School of the Year 2021”! Their dedication to driving economic and social work during the COVID 19 pandemic has earned them the title of “superhero” among the underprivileged.

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Coming up, the courses offered at this triple-accredited business school in the United Kingdom will primarily focus on developing future leaders and business sharks who will make the world a better place through improved economic conditions! Bradford Business School has also partnered with a variety of industrial partners to learn more about the changing business landscape.

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This blog post is originally from 6 Triple-Accredited Business Schools in the UK for International Students and written by silvercloudtravels