What careers can you get with a finance or MIS degree?

<p>I’m planning on majoring in accounting, but if somehow it doesnt work out for me, I need something to fall back into.</p>

<p>So I would consider finance or MIS. But what careers can you get with a bachelors in finance or MIS? and is how is the employment outlook for it?</p>

<p>MIS degrees lead to what you would expect… jobs in the information systems area. You might start as a business analyst, then move into a department manager or project manager type role (typical career path). Some MIS majors might start in more technical roles, depending on what classwork you do (some MIS college programs require more programming work than others).</p>

<p>whats the pay for those jobs?</p>

<p>Well, you could research that on the web yourself! I am not going to Google for you… but my guess is that business analysts generally earn from $40,000 to $65,000 (depends on where you live and how much experience you have). That could be a little high from some regions of the country, low for others. Project managers also range widely, depending on level of experience and where you work. I would say the range is from maybe $50,000 all the way up to maybe $180,000 for one with lots of experience and skills.</p>

<p>Well I actually did some research before this and just wanted to see if you had additional sources. The things about becoming something like a business analyst is that you either need years of experience or at least an MBA… and I don’t have any experience and want a job right away when I get my bachelors.</p>

<p>The BAs I know do not all have years of experience… some do, some don’t. And I honestly do not know even one that has an MBA. Look for internships during college to build a little experience, and you will be on your way.</p>

<p>I see, thanks for letting me know. I just wanted some clarification. And you said the BA’s you know have MIS degrees and didn’t have experience were able to find a job after they graduated?</p>

<p>i’m also interested about this topic</p>

<p>Business Analysts require at least 5 years of experience. They’re the equivalent of Systems Analyst in terms of Business. Some firms make no distinction between the jobs and require you to know both aspects (heavy programming background and business background). </p>

<p>Check out this link for a set of jobs in finance: [Finance</a> Jobs Guide from Careers-in-Finance.Com](<a href=“http://www.careers-in-finance.com/]Finance”>http://www.careers-in-finance.com/)</p>

<p>Typical jobs are working as an investor and insurance agent. Additionally, as you’d expect, banks, real estate, and insurance companies are the prime employers for Finance majors.</p>

<p>bump bump bump</p>

<p>My friend got his degree in Business Administration with a concentration finance, and he got a job as an Underwriter at Quickenloans. He is already making 100k and it is only his 3rd year at the company. I think finance has a lot of potential, but at the same time it looks like a risky field to me. Too many people I know don’t seem to quite keep their jobs in Finance.</p>

<p>So much fail in this thread. Amazing how clueless this board can be when a handful of posters don’t jump in to provide accurate information.</p>

<p>Comment not directed towards intparent.</p>

<p>well it is pretty obvious when you look up “careers in finance” and “finance job outlook” in google to get your answer, so i felt like that wouldn’t be a very effective post to copy and paste whatever i read. i am jut talking about personal experience. i majored in finance, and there are several opportunities for me. mostly you start off as an intern, but i have heard there are risky fields to get into such as banking. i would try a career in underwriting or investment banking.</p>

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<p>BAs come from many areas. Often the are someone with a couple of years on the business side that work on an IT project from that side, like the work, and “move to the dark side” to work in the IT organization. :smiley: If you had very good internship experience, you might be able to get an intro level BA position. The quote above is not true across the board. Different companies have very different requirements. So many jobs like this are filled internally via people moving between departments, too. There is no hard and fast rule.</p>

<p>Generally, the employment outlook for a finance or MIS degree is going to be VERY GOOD compared to almost any other major. Almost every company in existance that employs over a few hundred people needs those skills. It is hard to say ONE job that you would do with it. People go in a lot of different directions with those degrees. But trust me… if you have good grades, and get a couple of decent internships to give you some experience in college, you will get a good job. If you are willing to keep working hard at it over the years, you will have a comfortable life financially.</p>

<p>I say take classes in accounting, finance, and MIS when you get to college (assuming you are not there yet). Take two classes in each in your first three semesters if you can. Spend some time with the career office on campus to see what companies are interviewing for those majors (lots of times they come to your campus for business major!), and where recent graduates have gone. Then pick your major and move forward.</p>

<p>Also, just to add a note. I have an undergrad business degree and and MBA. Honestly, I have never felt like the MBA particularly opened doors for me that the undergrad business degree would not have already opened. It might have even been a bit of a waste of time and money… I learned very little that I didn’t already know. I will say that I went to a very good undergrad business school, though (Ross at U of Michigan). Do NOT feel like you need an MBA to succeed in business if you are already majoring in business as an undergrad. There are a very tiny fraction of jobs where it makes a difference (strategic consulting is one), but you need decent work experience as well to land those jobs anyway. For 99% of jobs, the MBA is irrelevant, IMHO.</p>

<p>Thanks, goose. :)</p>

<p>what if your MIS degree is from a bottom-of-the-pack school like Florida International University?</p>

<p>If you can get some good internship experience in the MIS world while you are in college, then you are still okay. IT is so much a “what have you done lately” industry. Your college pedigree is not a big deal if you bring the goods in experience and smarts.</p>

<p>It may not be across the board, but I notice the one’s who typically become Business Analysts are also the ones who have a very strong IT background, which takes years to develop. It’s very hard to find someone who’s a master of programming but also has equally as strong a business background. That’s why I believe the experience required by a big portion of companies is around 5 years because those skills take time to hone and develop. It’s rare to find someone with both those skills from a single internship alone. Hell, it’s even hard to find a good programmer after multiple internship opportunities.</p>

<p>You’re correct about the difficulty of pinpointing a specific job in MIS because people go into all different careers. I was just pointing out a common job that people go into after getting into the degree. </p>

<p>I don’t know if the MBA would be considered a waste. If you already have a career in business, getting a MBA could open up more management positions. If you want to advance in Marketing or become a Marketing Analyst or Researcher, I know a MBA is usually a requirement. You might even be able to get a bonus with a masters. However, I do agree with you that it just basically throws in some more management course unless you concentrate.</p>

<p>Personally, the schools around me that are considered very good or prestigious are very expensive (Boston University, Brown, Amherst, etc) so I may not be as prepared to tell you about the difference that would make. However, from a strictly general sense, I don’t see MIS majors with weak IT backgrounds getting many careers.</p>