Finance & Banking
Careers in banking and finance deal with everything related to personal, organizational, and governmental assets. Both offer a wide variety of career possibilities, and are an important part of the business world. From the individual level to a large corporate setting, finance is a key part of decision-making and spending. Tracking finances in a business means keeping an eye on fluctuations with spending, gains, losses, and overall economic changes. It can include lending, borrowing, investing, managing assets, or offering financial advice, and the overall distribution and use of money.
Anyone interested in working with finance should have aptitudes in math and accounting; people in these careers work with numbers and money constantly. Good communication and customer service skills are important for all occupations in the industry. Since technology has revolutionized banking, knowing how to apply these technologies can greatly improve one’s skills and advancement opportunities.
Many job openings are expected for tellers and other financial administrative support workers. Financial management positions are often filled by promoting experienced and technically skilled professionals. Specific careers tracks in Finance and Banking include loan officers, personal financial advisors, budget analysts, financial services sales, financial analysts, financial examiners, and financial managers (most of these careers required a college degree).
According to the U.S. Bureau of Labor Statistics’ Occupational Outlook Handbook, the 2012 median pay for Personal Financial Advisors with a bachelor’s degree was $67,520 per year; the job outlook through 2022 calls for a 27% growth in employment, much faster than average for all occupations.
ECC’s Associate of Arts (AA) transfer degree is designed to meet the requirements of colleges and universities to which students may wish to transfer for completion of baccalaureate (BA or BS) degrees. In many instances, transfer colleges accept this degree as equivalent to their own general education requirements.
Because the requirements for an AA degree change periodically, students should check with their academic advisor or the ECC Admissions Office to confirm that they have the most current information. Students are responsible for knowing the requirements for the degree they hope to obtain and for planning their schedule accordingly.
Admissions Partnership Program with Iowa State, UNI and Iowa
ECC participates in the Admissions Partnership Program with Iowa State University, the University of Northern Iowa and the University of Iowa to enable ECC students to transfer credits seamlessly to any of the state universities. Participants are dual-enrolled at ECC and the university with access to academic advising and student services at both institutions. The universities guarantee admission into the desired degree program, provided all requirements are met. Ask the ECC Admissions Office for more information!
THE ELLSWORTH EXPERIENCE
- ECC currently has the 17th highest student success rate (graduation rate + transfer rate) of any community college in the nation.
- The College offers generous scholarships and financial aid packages, which is why our graduates have one of the lowest average student debt loads of any college in Iowa, public or private, two-year or four year!
- What students appreciate about ECC is our smaller class sizes, which results in more one-on-one attention from the instructor and greater classroom success.