Is Finance or Computer Science Better?
| Finance | Computer Science | |
|---|---|---|
| Skills Learned | Advanced Mathematics, Financial Analysis, Investment Planning | Programming, Software Design, Data Structures, Algorithms |
| Job Outlook | Projected job growth of 5% from 2019-2029 | Projected job growth of 11% from 2019-2029 |
| Salary Potential | Median annual salary of $129,890 for financial managers (BLS) | Median annual salary of $86,550 for software developers (BLS) |
| Work Environment | Typically corporate setting, fast-paced, competitive | Can vary depending on industry, office-based work or telecommuting possible |
Choosing a college major can be a daunting task. With so many options available, it can be difficult to decide which path to take. Two popular choices among students are finance and computer science. Both fields offer opportunities for growth and high paying jobs, but the question remains – which one is better?
Frequently Asked Questions
What skills will I learn in a finance degree program?
A finance degree program typically focuses on advanced mathematics, financial analysis, and investment planning. Graduates of these programs often have a strong understanding of financial markets and the ability to develop financial strategies for individuals and businesses.
There are many different career paths that a finance major can take, including financial analyst, financial planner, and investment banker.
One possible advantage of a finance degree is the potential for a high income in the long term. According to the Bureau of Labor Statistics, the median annual salary for financial managers was $129,890 in May 2020(*source: https://www.bls.gov/ooh/management/financial-managers.htm#tab-5).
What skills will I learn in a computer science degree program?
A computer science degree program typically focuses on programming, software design, data structures, and algorithms. Graduates of these programs often have the ability to develop software applications, design and implement databases, and maintain computer networks.
There are many different career paths that a computer science major can take, including software developer, computer network architect, and database administrator.
One possible advantage of a computer science degree is the projected job growth in the field. According to the Bureau of Labor Statistics, the employment of software developers is projected to grow 11 percent from 2019 to 2029(*source: https://www.bls.gov/ooh/computer-and-information-technology/software-developers.htm#tab-6).
What is the work environment like for finance and computer science jobs?
Finance jobs often take place in a corporate setting and can be very competitive. Some examples of finance careers include investment banking, corporate finance, and financial analysis. These jobs typically require long hours and a fast-paced work environment.
Computer science jobs can vary depending on the industry. Some examples of computer science careers include software development, data analysis, and cybersecurity. These jobs can be office-based, or even involve telecommuting, depending on the role and company culture.
In conclusion, the decision between whether finance or computer science is a better major depends on what you are passionate about and which career path aligns with your interests and strengths. Both fields offer opportunities for growth and a high income potential, and it is important to do your research and choose a path that is right for you.
Sources: Bureau of Labor Statistics(*source: https://www.bls.gov/home.htm)