The banking and finance degree provides students with a broad and practical background in bank-related management skills and the application of those skills to the banking field. Topics with which a bank manager should be familiar (commercial and real estate lending, investments, regulatory structure, and financial statements) receive major emphasis. Several course projects require extensive research into these bank-related fields. The graduate is also familiar with the computer field and with some accounting and spreadsheet applications.
The graduate is qualified for a position as a manager or assistant manager of a small bank, savings and loan or credit union. In a larger institution, the graduate could specialize in either the loan origination or consumer/commercial credit department.
Career Outlook
The financial services sector (banking and wealth management) continues to offer a bright career outlook for graduates. Employment is projected to grow faster than average through 2033, with strong demand for roles such as branch managers, loan officers, financial analysts, compliance specialists, and wealth managers.
Wealth management is experiencing especially robust growth, driven by rising client wealth and increasingly complex financial needs. Graduates with strong analytical skills, financial knowledge, and client service abilities are well-positioned to succeed in these dynamic and rewarding roles. (Sources: U.S. Bureau of Labor Statistics; O*Net Online; 300 hours.com; CFA Institute; STC Securities Training by Colibri)
Program Learning Outcomes
Learners will be able to:
- Explain the major styles of management.
- Apply appropriate comprehension of business ethics.
- Exhibit personal skills of business etiquette.
- Evaluate effective comprehension of banking practices.
- Differentiate between commercial and consumer banking.
- Describe the sequence of procedures necessary to close a real estate loan.
- Explain the relationship between taxes and cash flows.
- Describe personal selling and its unique characteristics as a marketing communications tool.