Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 BBA major in Finance or Bachelor of Finance?, Education

views
     
TScandy_9330
post Oct 9 2012, 08:05 AM, updated 14y ago

New Member
*
Junior Member
45 posts

Joined: Sep 2012


I am interested in studying finance. Should I choose Bachelor of Business Administration (Finance) or Bachelor of Finance or Bachelor of Commerce (Banking & Finance)? Which is better? I seen the syllabus in some uni or college. Almost the same content. I have trouble choosing between BBA major in finance or just Bachelor of Finance? rclxub.gif Hopefully someone could explain which one would be more better.
fino_abama
post Oct 9 2012, 08:20 AM

On my way
****
Senior Member
520 posts

Joined: Sep 2009


QUOTE(candy_9330 @ Oct 9 2012, 08:05 AM)
I am interested in studying finance. Should I choose Bachelor of Business Administration (Finance) or Bachelor of Finance or Bachelor of Commerce (Banking & Finance)? Which is better? I seen the syllabus in some uni or college. Almost the same content. I have trouble choosing between BBA major in finance or just Bachelor of Finance? rclxub.gif Hopefully someone could explain which one would be more better.
*
We need to see the course structure of each programme to tell
Hikari0307
post Oct 9 2012, 09:51 AM

平成の光
*******
Senior Member
4,541 posts

Joined: Feb 2009
QUOTE(candy_9330 @ Oct 9 2012, 08:05 AM)
I am interested in studying finance. Should I choose Bachelor of Business Administration (Finance) or Bachelor of Finance or Bachelor of Commerce (Banking & Finance)? Which is better? I seen the syllabus in some uni or college. Almost the same content. I have trouble choosing between BBA major in finance or just Bachelor of Finance? rclxub.gif Hopefully someone could explain which one would be more better.
*
You need to look at the course structure, the names might all be different but they could all actually be the same exact thing. Unless those are all from the same uni which would be kinda ridiculous but really you need to go through the course structure, different names for the degree doesn't mean that they are different.
LightningFist
post Oct 9 2012, 11:21 AM

Minion of the Damned
Group Icon
VIP
3,965 posts

Joined: Apr 2009
QUOTE(candy_9330 @ Oct 9 2012, 10:05 AM)
I am interested in studying finance. Should I choose Bachelor of Business Administration (Finance) or Bachelor of Finance or Bachelor of Commerce (Banking & Finance)? Which is better? I seen the syllabus in some uni or college. Almost the same content. I have trouble choosing between BBA major in finance or just Bachelor of Finance? rclxub.gif Hopefully someone could explain which one would be more better.
*
Roughly the same thing, depending on how the "major" system works.

In some schools/cases doing the major means doing all or most of the same core components of the degree that shares the same name as the major, without the extra requirements (time/credit hours, meaning electives to fill up the spaces to earn a degree).

So if I chose a BBA or BComm degree and did the (very complete) major in Finance I would have done about the same stuff (perhaps more, perhaps less, like I said depends on the system) as someone who did a BFin degree.

It is possible for two of these to exist within the same university! For example a BComm with Finance major, and a BFin. Here the difference would be that in the BComm you have to pick at least one major (Finance, Accounting, International Business, Marketing, Management etc) where the major's requirements are slightly less rigorous if you pick Finance. The BFin would also require at least one major (between "Capital Markets" or "Investment Management", and "Quantitative Finance") with stricter/marginally higher/harder requirements. All this works because in uni you attend a class with other people but you could all be doing different degrees (Commerce, Finance, Actuarial, Economics, Business Admin, Statistics, even Science or Engineering).

If the syllabus is more different then obviously BFin is more focused while BBA or BComm is broader. Understand that undergraduate Finance is on average not very demanding or in huge depth (as opposed to graduate Finance) which means it will at the very least resemble any Finance major within other degrees by quite a lot. Quantitative Finance and higher level Finance (like 3rd or 4th year stuff) is quite challenging, comparable to Actuarial and higher level Economics, or any Mathematical Economics/Mathematical Finance (which is probably even harder).

You should be fine if you can "explain" your major(s) when someone asks. The value of a degree is not always in knowledge (Business and Finance). It's more of "it has shown or alleged that I have this amount of competence, can devote this amount of commitment to achieve this amount of success in higher level studies, and have at least some notion of knowledge or intellect or industriousness". I have met people with so-called degrees that know next to nothing coming into work even where their "area of study" is concerned.
TScandy_9330
post Oct 10 2012, 07:06 AM

New Member
*
Junior Member
45 posts

Joined: Sep 2012


QUOTE(fino_abama @ Oct 9 2012, 08:20 AM)
We need to see the course structure of each programme to tell
*
I am considering MMU and Utar. Utar has two program : BBA in Banking and finance and Bachelor of Finance. The course structure are below.
http://www.utar.edu.my/fbf/file/UBBF111002.pdf
http://www.utar.edu.my/fbf/file/UBFN111001.pdf

Difficult for me to choose. rclxub.gif


Added on October 10, 2012, 7:13 am
QUOTE(Hikari0307 @ Oct 9 2012, 09:51 AM)
You need to look at the course structure, the names might all be different but they could all actually be the same exact thing. Unless those are all from the same uni which would be kinda ridiculous but really you need to go through the course structure, different names for the degree doesn't mean that they are different.
*
Ridiculously, UTAR has two program BBA in banking and finance and bach. of Finance. Almost the same content but BBA learns extra banking stuff so I am not sure which to pick.


Added on October 10, 2012, 7:18 am
QUOTE(LightningFist @ Oct 9 2012, 11:21 AM)
Roughly the same thing, depending on how the "major" system works.

In some schools/cases doing the major means doing all or most of the same core components of the degree that shares the same name as the major, without the extra requirements (time/credit hours, meaning electives to fill up the spaces to earn a degree).

So if I chose a BBA or BComm degree and did the (very complete) major in Finance I would have done about the same stuff (perhaps more, perhaps less, like I said depends on the system) as someone who did a BFin degree.

It is possible for two of these to exist within the same university! For example a BComm with Finance major, and a BFin. Here the difference would be that in the BComm you have to pick at least one major (Finance, Accounting, International Business, Marketing, Management etc) where the major's requirements are slightly less rigorous if you pick Finance. The BFin would also require at least one major (between "Capital Markets" or "Investment Management", and "Quantitative Finance") with stricter/marginally higher/harder requirements. All this works because in uni you attend a class with other people but you could all be doing different degrees (Commerce, Finance, Actuarial, Economics, Business Admin, Statistics, even Science or Engineering).

If the syllabus is more different then obviously BFin is more focused while BBA or BComm is broader. Understand that undergraduate Finance is on average not very demanding or in huge depth (as opposed to graduate Finance) which means it will at the very least resemble any Finance major within other degrees by quite a lot. Quantitative Finance and higher level Finance (like 3rd or 4th year stuff) is quite challenging, comparable to Actuarial and higher level Economics, or any Mathematical Economics/Mathematical Finance (which is probably even harder).

You should be fine if you can "explain" your major(s) when someone asks. The value of a degree is not always in knowledge (Business and Finance). It's more of "it has shown or alleged that I have this amount of competence, can devote this amount of commitment to achieve this amount of success in higher level studies, and have at least some notion of knowledge or intellect or industriousness". I have met people with so-called degrees that know next to nothing coming into work even where their "area of study" is concerned.
*
So if I go for BBA in banking and finance, I get to futher me study in MBA? or MBA is strictly for Buss. Admin. Students?



This post has been edited by candy_9330: Oct 10 2012, 07:19 AM
LightningFist
post Oct 10 2012, 01:19 PM

Minion of the Damned
Group Icon
VIP
3,965 posts

Joined: Apr 2009
QUOTE(candy_9330 @ Oct 10 2012, 09:06 AM)
So if I go for BBA in banking and finance, I get to futher me study in MBA? or MBA is strictly for Buss. Admin. Students?
*
Well, first of all an MBA doesn't really always require a BA background, or even an Economics background. For example, Wharton (best business school in the world, or one of the best) has undergraduate degrees with a wide selection of majors (from sustainability to insurance and risk management to development to management and HR) but all of these are under a BS Economics degree. Surely if you studied a BS Economics majoring in (for example) insurance and risk management at Wharton, it would satisfy the academic requirements (GMAT aside) for an MBA there? Although you didn't exactly do a BA degree.

Second, a BBA majoring or specialising in Banking & Finance is just a BBA... so the argument is unnecessary.


Added on October 10, 2012, 1:27 pmOk I see what you mean.

From what I can tell, the BFin is more focused on traditional aspects of Financial/Investment Management (i.e. Portfolios, different securities, Corporate Finance) while BBA in Banking & Finance has a few different things like banking operations & treasury mgmt, commercial banking.

This is consistent with the BA being more about BA, and Finance being about Financial Management.

However note the system is also odd because there are a lot of substitutes (equivalent courses) with different names. So they are more similar than they appear.

I would pick the Finance degree for more breadth if those bank management classes can be taken as electives. In your degree structure it's very split up, everything in their little credit hours, probably more flexibility? I don't know. British and Australian have fewer such units you can splice together.

This post has been edited by LightningFist: Oct 10 2012, 01:27 PM
TScandy_9330
post Oct 11 2012, 07:28 AM

New Member
*
Junior Member
45 posts

Joined: Sep 2012


QUOTE(LightningFist @ Oct 10 2012, 01:19 PM)
Well, first of all an MBA doesn't really always require a BA background, or even an Economics background. For example, Wharton (best business school in the world, or one of the best) has undergraduate degrees with a wide selection of majors (from sustainability to insurance and risk management to development to management and HR) but all of these are under a BS Economics degree. Surely if you studied a BS Economics majoring in (for example) insurance and risk management at Wharton, it would satisfy the academic requirements (GMAT aside) for an MBA there? Although you didn't exactly do a BA degree.

Second, a BBA majoring or specialising in Banking & Finance is just a BBA... so the argument is unnecessary.


Added on October 10, 2012, 1:27 pmOk I see what you mean.

From what I can tell, the BFin is more focused on traditional aspects of Financial/Investment Management (i.e. Portfolios, different securities, Corporate Finance) while BBA in Banking & Finance has a few different things like  banking operations & treasury mgmt, commercial banking.

This is consistent with the BA being more about BA, and Finance being about Financial Management.

However note the system is also odd because there are a lot of substitutes (equivalent courses) with different names. So they are more similar than they appear.

I would pick the Finance degree for more breadth if those bank management classes can be taken as electives. In your degree structure it's very split up, everything in their little credit hours, probably more flexibility? I don't know. British and Australian have fewer such units you can splice together.
*
May I know what type of level of Maths is require for this course? A-level? STPM? Foundation? In my spm years, my Add math I got B. My math is kinda terrible although I got B.
LightningFist
post Oct 11 2012, 10:42 AM

Minion of the Damned
Group Icon
VIP
3,965 posts

Joined: Apr 2009
QUOTE(candy_9330 @ Oct 11 2012, 09:28 AM)
May I know what type of level of Maths is require for this course? A-level? STPM? Foundation? In my spm years, my Add math I got B. My math is kinda terrible although I got B.
*
I wouldn't know for sure. But I have a good idea of the overall picture. Unless you do Quantitative Finance (which essentially starts with Mathematics, and branches like Probability and Statistics), the rest of it, derivatives, corporate finance, banking, portfolio management, valuation, financial markets and instruments won't have Maths (on the assumption that they teach you formulas but do not require you to use Mathematical Finance - Maths - to derive complex models such as Black Scholes).

Those units labeled Quantitative Methods or whatever can be Maths for all I know... or they can be Stats which at that level is going to be far easier and basically not require Maths.

When I say Maths I mean university level or actual Maths (calculus: integrals, limits, real analysis and more advanced stuff) rather than simply plugging easy numbers into easy formulas like you do in Finance and low level Stats.
Obi9
post Dec 10 2012, 07:06 PM

New Member
*
Newbie
2 posts

Joined: Nov 2012


i completely agree with LightningFist.. if i were you, i'll choose finance degree because it's more wider and the basic of finance .. if you want to study master , you can get master in banking.. it's like an addition to your knowledge.. i got here because i want to study finance but i don't which university.. little help would be appreciated smile.gif
iceypain
post Dec 11 2012, 07:18 AM

On my way
****
Senior Member
503 posts

Joined: Jun 2008


major in math, econ or computer science and minor in finance or study it on the side (cfa syllabus is good). thank me in 4 years. but the most important thing is where you got your degree, not what it actually is. lots of ivy league history and english majors working on wall street.

This post has been edited by iceypain: Dec 11 2012, 07:20 AM
jack frost
post Dec 29 2012, 02:10 PM

New Member
*
Junior Member
9 posts

Joined: Dec 2012
does monash university, sunway unviersity and taylor university provide Bachelor of Finance ?

 

Change to:
| Lo-Fi Version
0.4900sec    0.76    5 queries    GZIP Disabled
Time is now: 15th December 2025 - 12:38 AM