According to Forbes Magazine, a Liberal Arts education, Campion’s included, is the go-to degree if you want a sound footing in finance-related careers. George Calhoun, a Quantitative Finance Program Director, further shared his thoughts on the matter. Gone are the days when meeting the qualifications and getting absorbed into your dream institute for higher learning were enough.
Students are currently considering the value proposition of their degrees regarding the return on investments, leading them to look at a career in finance. The conclusion that Liberal Arts education is a poor investment calls for awareness with much attention shifting to the STEM (Science, Technology, Engineering, and Math) schools.
As an entry to the financial services industry, enrolling for a Liberal Arts degree is essential. Mr Calhoun further explained that for most enterprises, excluding finance, remarkable excellence and success is dependent on in-depth knowledge and understanding of the sector.
For instance, dominance in the hotel industry calls for a deep understanding of the operation details, competitors, technology used, customers’ behaviours, and the law. The same goes for other players in different sectors, be it the pharmaceutical or energy industries.
Non-identical is the business finance industry where success is based on a different intellectual skill: trying out various things and understanding every area of the economy, events, and developments incorporated while acknowledging their interconnections.
Some global empires have fallen to the ground due to mismanagement, corruption and other financial troubles. Even a Computer Science or any other STEM degree cannot help such establishments.
Programming skills are essential. Everyone is sharpening their computer skills, with most knowing a thing or two about high-level programming languages such as Python. So, if you ask, the sort of education that can come in handy to outshine the rest is a Liberal Arts degree.
Currently, organisations are looking for soft skills such as:
- Proficiency in writing
- Ability to persuade and communicate effectively
- Ability to think critically
- Experience with diverse backgrounds and cultures to enhance trade and teamwork (history, psychology, literature, languages, and the arts)
Believe it or not, even a STEM degree can’t get you that far, but a Liberal Arts education can.
The Gap Filled by Liberal Arts Education
A Liberal Arts education has never been as crucial as in the 21st century, where America’s top firms invest internationally. Some companies like S&P 500 reap half of their total revenue outside America.
Liberal Art education equips one with knowledge of diverse cultures, histories, and literature, a requirement for those operating in the business world and especially vital for finance careers.
It is about your charming effect at the business dinner table together with profound enlightenment on the global market’s current developments.
Unfortunately, the worries on the return on investment and the basic accommodation of technological skills make it challenging for most institutions for higher learning to adopt Liberal Arts into their modern curriculum.
Technology keeps changing, so will the current Python, but making intelligent decisions, staying on top of the complex global market, working with clients, employees, and firms from all parts of the world with various cultures and backgrounds, require Liberal Arts education.
The critical thinking from philosophy in the Liberal arts curriculum plays a role in our everyday life and is a permanent forte. So, are the language skills and diverse history knowledge grasped? As for new technology, anyone can always learn and become a pro, based on their determination.
Any student eyeing a successful career path in the finance industry should have no doubts about booking a slot for the Liberal Arts degree in Campion, as in any other university or college.