Is learning Banking and Finance hard?

Banking and Finance is one of the hottest professions with an outstandingly fast growth rate. However, many of candidates are still wondering whether to study Banking and Finance or not? Is learning Banking and Finance hard? Let’s read this article as reference to make an informed decision for your future direction of major.

What will you learn in Banking and Finance?

To identify “difficulties in learning banking and finance”, you first need to know what banking is and what you will learn from this major.

Banking and Finance is a fairly broad field of study. You will be trained all knowledge related to financial transactions, operations, monetary circulation. This field of study can be divided into many specialties such as: banking, insurance finance, tax finance, corporate finance…

Studying Banking and Finance, you will be provided with knowledge about banking, currency, financial investment, tax policy,… At the same time, you will be trained analytical skills to forecast issues related to finance and currency. Based on that, you can also make orientations and decisions in investment and financial management in the stock market.

• Is learning Banking and Finance hard?

Banking and Finance is a hot profession, but many of candidates can’t help but wonder if “learning banking and finance is hard” because there are some concerns about qualifications to follow this field of study.

The level of difficulty in studying Finance and Banking depends on the quality of each person. Firstly, this field of study has a lot to do with numbers and calculations, so it will require you to be good at math, memory, have flexible thinking, acumen to support the analysis, assessment, solving problems of management, investment using capital.

The Banking and Finance field also requires you to be proficient in computer and language skills. In addition, good communication skills are essential advantages in trading and negotiation. Finally, you need to have the ability to withstand high pressure, always be careful, meticulous, and precise at work.

What are reasons to study Banking and Finance?

Whether to study Banking and Finance or not depends on your interests, passions, and efforts. You can refer to some advantages of this major to make a better decision:

• High employment rate after graduation

The number of businesses is constantly growing, many financial and securities companies expand… Therefore, human resources of the finance and banking industry have become “thirsty”. Students who study this major have a very high employment rate in the right field after graduation.

• Variety of career options

You can apply for career positions such as a teller, a financial analyst, a tax officer… working in a bank, a financial company, or a securities company.

• High income, great career advancement

The salary and average monthly income of employees in the banking and finance industry are quite high, along with impressive benefits such as insurance, health care, traveling, restaurant membership card, gym benefits and attractive bonuses. Moreover, banking and finance industry have high career advancement.

• Personal finances management

Studying Banking and Finance aids individuals to have methods and plans to manage personal finances effectively for a solid financial foundation.

Hopefully the above information provides understandings of Banking and Finance, as well as having the answer to the question of whether learning Banking and Finance is hard and whether to pursue this career. Best wishes in looking for a major that suitable to you.