For students who have the option to enroll in a Bachelor’s of Arts program or a Bachelor’s of Science program in finance, the question might arise as to whether it’s better to get a BA or a BS. Answering this question means understanding the difference between a BA and a BS, as well as understanding how those differences might aid a student in his or her future finance career. Choosing a major might only be half the battle when there are multiple degree formats from which to choose.
What’s the Difference Between a BS and a BA?
In most cases, a Bachelor of Arts is a degree for the humanities, and a Bachelor of Science is a degree found in STEM fields like science and math. However, there are instances where BS and BA options are available in the same major. In addition to finance, multiple degree formats are often found in subjects like psychology and computer science.
One of the common differences between BS and BA degrees is that Bachelor of Arts students have a foreign language requirement, and Bachelor of Science students aren’t required to complete foreign language courses. The difference between the degrees isn’t huge, but it’s enough that it may influence the student’s future career goals.
Does a Finance Major Need a Liberal Arts Core or Foreign Language?
In the case of a Bachelor’s of Science in Finance versus a Bachelor’s of Art in Finance, a language requirement might influence one student to pursue a Bachelor’s of Art to focus on international finance. He or she might have an interest in working for a company that has offices on multiple continents, and a foreign language requirement might help.
Meanwhile, a student who is more interested in pursuing an advanced degree or entering the world of research in a graduate program might see the final project or undergraduate research paper of a Bachelor’s of Science in Finance as a valuable tool for advanced education. Students with an eye on graduate school may find it helpful to examine the prerequisites for their intended graduate program to see if the BA or BS program aligns better with those requirements.
There is No Standard Difference Between a BA and a BS
An insightful article from U.S. News & World Report indicates that there aren’t universal standards for the curriculums offered in Bachelor of Arts versus Bachelor of Science programs. One university might have a language requirement that distinguishes one program from another.
A different program might feature a difference, like requiring a final project for one degree but requiring some advanced electives or a concentration of another. It is the student’s future career goals that may indicate whether a Bachelor’s of Art in Finance or a Bachelor’s of Science in Finance is the better route.
Each Degree Program Option Requires Research and Consideration
There is no standard answer for whether a student should seek a BS or a BA in Finance. Each university or college that offers multiple degree formats will have their particular differences and may offer benefits for future work as financial analysts, appraisers, accountants, and insurance underwriters.
A future student can best answer the question as to whether it’s better to get a Bachelor’s of Art in Finance or a Bachelor’s of Science in Finance by comparing the classes and curriculums and figuring out which best aligns with the student’s future career goals.
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