BA (Hons) in
Business Management (Finance)
Upon the successful completion of a degree at EU Business School, graduates have a wide array of career options and business opportunities available to them. In response to the growing demand for flexible and entrepreneurial business professionals, these programs are designed to foster the skills required for a successful career in the international business arena.
Students at EU Business School acquire an international mindset, multicultural awareness and are innovative thinkers. This makes them ideal candidates for positions at large, multinational companies and dynamic, disruptive entrepreneurs ready to start their own businesses.
Career Options
The BA (Hons) in Business Management with a pathway in finance provides students with business knowledge as well as specialist know-how in finance such as accounting laws and financial statement analysis. Students who successfully complete this degree may be interested in the following job positions:
Cost Analyst
A cost analyst’s role is to control a company’s expenses and optimize costs. They will develop budgets, oversee financial transactions and track and prepare reports for top management. These professionals are expected to benchmark costs within an industry and to know industry trends and developments which may lead to cost savings. Their daily tasks may also involve accounting, bookkeeping and the approval and payment of invoices.
A cost analyst should be analytical, detailed-oriented and proficient in corporate finance.
Financial Analyst
Financial analysts assist investors with mergers, acquisitions, corporate expansions and restructuring by providing information about stocks, bonds, companies and industries, among others. They are tasked with undertaking research on markets and companies and should be abreast of financial and market trends. These professionals commonly work with complicated data and are required to write their findings and recommendations in extensive reports for investment strategic decision-making.
To succeed in this profession, a good skillset in finance, research and data analysis is needed as well as good communication and presentation skills.
Accounts Payable Specialist
Accounts payable specialists are in charge of processing and making payments. Working within the finance department, their tasks include reimbursing employees for expenses made, processing invoices, ensuring creditor payments are made and checking income. These professionals are also in charge of bookkeeping and the financial transactions used by accountants and auditors for tax reporting and will look for ways to improve costs. Professionals within this field require excellent analytical and organizational skills.
To succeed as an accounts payable specialist, candidates should be highly organized and demonstrate excellent numerical skills and knowledge in finance.
Financial Planner
Financial planners, or personal financial advisors, look after the financial interests of individuals, families and/or businesses to help them reach their short- and long-term financial goals. They will analyze debt, expenses, investments, savings and insurance plans, among other financial obligations, to create recommendations for their clients. These may include investment and saving options.
A financial planner will have investment knowledge and be skilled in research activities. They will need interpersonal skills to establish trust with their client portfolio.
Areas of Work
The BA (Hons) in Business Management with a pathway in finance offer students the opportunity to enter different areas of finance and business. Graduates of this degree may be interested in working in the following sectors and professional areas:
Investor relations is the area that communicates a company’s financial situation and status to investors, media, business analysts and shareholders, among others. This department typically coordinates shareholder meetings and press conferences in which financial data is released. It is also in charge of creating financial reports and handling financial crises. This department will also advise top management on legal constraints and actions which may or may not be taken from a PR perspective.
The objective of budget analysis is to improve the way resources are allocated, spent and managed to maximize profits. Budget analysis helps to mitigate risks by ensuring that financial forecasts are realistic, projects have sufficient funds and resources are allocated optimally. Professionals within this field will closely monitor expenses and will recommend actions to ensure that an organization keeps within its set budget, allowing for financial objectives to be achieved.
Financial services comprise organizations that manage money and offer financing opportunities to individuals and entities. They offer a wide variety of money and investment related services. Examples are banks, investment banks, insurers, stock brokerages and credit card companies.
Corporate finance is tasked with overseeing a company’s financial and capital investment activities. It also sources capital equity and decides on the dividends of shareholders. One of its key tasks is capital budgeting whereby it identifies capital expenditure, estimates cashflow and compares investments with projected profit. This department is responsible for a company’s short-term liquidity to ensure it can cover liabilities when due.