I have a Bachelor of Science degree in Criminal Justice and I’m interested in pursuing a degree or certifications in Finance. I’m currently working in the financial sector of insurance, and I’m looking for guidance on what path might be most beneficial for me. I believe my company offers tuition reimbursement, which has inspired me to explore this further. Any advice or recommendations would be greatly appreciated!
I currently hold a bachelors degree in criminal Justice (Bachelor of Science) and want to pursue a degree in finance any advice?
It’s great to hear that you’re looking to build on your background in criminal justice with a degree in finance! Your experience in the financial lines of insurance will definitely give you a unique perspective as you pursue further education. Here are a few steps and considerations to help you in your decision-making process:
Research Degree Programs: Look into various finance degree programs, such as a Bachelor of Finance or a Master’s in Finance, depending on what fits your current level of education. Given your background, you might also consider an MBA with a finance concentration. Check local universities or online programs to find the right fit for your schedule and learning style.
Utilize Tuition Reimbursement: Since your company offers tuition reimbursement, be sure to take advantage of it! Check with HR to understand the specifics, such as which programs are eligible, the reimbursement limits, and any deadlines for submission. This could significantly reduce your out-of-pocket expenses.
Consider Certifications: If a full degree program feels like too much right now, you might start with finance-related certifications that are shorter and more focused. Consider certifications such as the Chartered Financial Analyst (CFA), Certified Financial Planner (CFP), or Financial Risk Manager (FRM) which are highly respected in the industry.
Network and Seek Mentorship: Connect with colleagues or professionals in the finance field who can offer insights into the industry and recommend educational paths. Networking can lead to potential job opportunities and mentors who can guide you.
Leverage Your Background: Don’t underestimate the value of your criminal justice degree. Skills like critical thinking, analytical abilities, and understanding of regulations can be advantageous in finance, especially in areas like compliance or risk management.
Stay Informed: Read finance-related news and literature to familiarize yourself with current trends. This will not only enhance your understanding but also show potential employers that you’re proactive and engaged in the field.
Set Clear Goals: Think about what specific area of finance interests you. Whether it’s investment banking, financial planning, corporate finance, or insurance finance, having a clearer direction can help you choose the right educational path.
Remember, transitioning fields can be challenging, but with your current experience and a solid plan, you can make a successful shift into finance. Good luck!