Will this prepare me for a financial career?

College Majors
1

I want to become a financial advisor. I have been looking around for Majors/Minors that will help me. Here are my questions:

  1. Will a Business Administration major with an emphasis/concentration in finance help me?
  2. Will a minor in psychology help since the job is very people based?
  3. What are some other majors/minors that will help?
2

Accounting would be your best bet since much of financial advising is how to reduce your tax bill.

Also, get a job as a bartender. Surprisingly enough, I have found that alot of successful brokers/financial advisers had bartending jobs in or just out of college. If you can deal with a bunch of drunks looking for drinks, you can sell alot of stuff.

3

Actually most of financial advising is how to spend money and save it and invest it or put it into retirement accounts things like that. But thanks?

4

Economics and your ideas of Finance and Psychology classes are solid. I would recommend taking the CFA exam (Chartered Financial Analyst).

5

Thanks!

6

Take the CFA or the CFP (certified financial planner) which is said to be a little easier than CFA, if you want to advise individuals (retail). If you want to pick stocks at the institutional level then CFA.

As far as majors go BBA is probably a good idea, although, as doschicos said, economics major with finance, stat and math electives is a good idea too, especially for CFA.