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The Benefits of Earning a Finance Degree for Indians

4 minute read

By Katie Ormsby

India is home to a fast-growing financial sector, so earning a finance degree can pay off for several reasons. With a finance degree, you’ll gain valuable skills and knowledge in areas like accounting, economics, and financial analysis. Furthermore, studying finance gives you an edge as many employers look for individuals with knowledge of financial concepts.

While attending in-person classes at a university is one way to get a fiance degree, online finance degrees are increasingly popular with students. Online courses are available from several schools around the world. These programs are flexible and affordable alternatives to conventional university programs. If you’re interested in a financial career, then earning a finance degree online is a good start.

The Benefits of Earning a Finance Degree

There are many benefits to earning a finance degree. First and foremost, it provides you with the skills and knowledge you need for a successful career in the field. These include skills and expertise in accounting, economics, and financial analysis, which are in high demand. Having knowledge of these financial concepts can give you an advantage in today’s competitive job market.

Additionally, earning a finance degree often leads to higher-paying jobs and more career opportunities than some degrees. For instance, Glassdoor says the average annual salary is ₹12,00,000 for a finance manager and ₹12,59,189 for an investment banker in India. And with the growth of the financial sector in India, there are great opportunities for career growth in the field.

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Online Finance Degrees Are Flexible and Affordable

One of the biggest benefits of earning an online finance degree is the flexibility it offers. With a conventional finance degree, you would be required to attend classes at a university campus. However, with an online program, you can study from anywhere in the world at your convenience.

Secondly, online programs are often more affordable than traditional programs. That’s because there aren’t commuting or campus housing costs and some schools offer scholarships and charge fewer fees for online students. Thirdly, SHIFT says e-learning increases retention rates by 25-60%, compared to face-to-face retention rates of 8-10%.

Additionally, earning an online degree is a greener option. For instance, Knowledge Direct says a study by Britain’s Open University found an online course “consumes an average of 90% less energy and produces 85% fewer CO2 emissions per student than conventional face-to-face courses.”

“A report by KPMG shows that India has the second-largest market for online education, right after the US,” according to The Indian Express. So, Indians are increasingly choosing to embrace advancements in technology and choosing online learning over traditional face-to-face learning.

Top Options for Online Finance Degrees

If you’re interested in pursuing a finance degree, then there are many online options to consider. Here are some of the top online finance degree programs in India and international programs abroad.

Career Opportunities for Finance Graduates

A finance degree can lead to a variety of rewarding careers in the financial sector. Here are some of the career paths for finance graduates.

The Bottom Line

Indians who earn finance degrees often enjoy a number of benefits. For instance, they gain valuable skills and knowledge in areas like accounting, economics, and financial analysis. Furthermore, studying finance can lead to higher-paying jobs and greater career opportunities.

While attending in-person classes at a university is one way to get a degree, online finance degrees are increasingly popular with students. Online programs offer more flexibility and affordability than traditional university programs. So, it’s worth considering online programs.

Katie Ormsby

Contributor

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