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K12 Academics · Major & Field of Study Guide

Finance

A deep, plain-English guide to the Finance major — what it is, courses, specializations, skills, careers and job titles, real BLS pay and outlook, and whether it's the right fit.

Field
Business
Focus
Money & investment
Typical degree
BS (4 yrs)
Levels
Associate → Doctoral
Quantitative
Yes
Outlook
~7% (much faster)
Median pay
$102,740 analysts (BLS)
Managers
~$156,100
The Field

What it is

Finance is the study of money, investments, and how individuals and organizations manage capital — analyzing investments, managing risk, and shaping corporate financial strategy. It's a well-paid, quantitative business field.

Coursework

What you'll study

Finance is quantitative and applied:

Specializations

Concentrations & focus areas

Capabilities

Skills you'll build

Career Paths

Careers & job titles

Demand

Job outlook & demand

The BLS projects financial analysts to grow about 7% (much faster than average), and financial managers strongly. Finance is in demand across banking, corporations, investment firms, and fintech, and pay is high.

Earnings

Pay: median, range & trajectory

Per the U.S. Bureau of Labor Statistics, financial and investment analysts had a median of $102,740 (May 2025) and financial managers about $156,100 (among the best-paid business roles). Investment banking and asset management can pay far more.

Degrees

Degree levels it's offered at

Offered across these levels — click a level to learn about it:

A bachelor's is the standard entry; a master's (often an MBA) accelerates advancement into management and leadership.

Fit

Is it right for you?

You might thrive here if you like working with people and organizations, are practical and results-oriented, and want a flexible degree with clear advancement.

Edge: business rewards internships, quantitative/analytics skills, and a concentration — and the MBA is a well-worn path to leadership and higher pay.

Keep Exploring

Explore further

Keep exploring:

At a Glance

Key facts

Trusted Sources

Where to learn more

Authoritative sources for careers and pay: