Should you be a Finance Manager in 2021? | Business Management (Finance) BSc

In these increasingly uncertain times, you may be inclined to study towards a career in a profession that will ensure your future career stability. The University of Bolton’s Business Management (Finance) BSc does just that.

Even in the best of times, finance is paramount in any business. Therefore, the necessity for experts in budgeting and forecasting will always be in demand. In fact, during the past year, the importance of those who understand finances has been thrown into sharp focus.

The role of a financial manager
As a financial business manager, you’ll be helping businesses forecast and budget. Your knowledge of how to navigate finances, ensuring the success of businesses is the lifeblood of the companies you’ll be working for.

Your position within the company is key to businesses’ performance, and the salaries of financial managers reflect this. The average salary of a finance manager in the UK is around £50,000 per annum, according to Glassdoor.

Set your businesses up for success
Alternatively, if you decide to start your own business (as so many do), not only will you be doing so with a strong understanding of business management, but your knowledge of finance will be essential to help your business be a success.

The International Journal of Business and Management found that ‘increases in financial literacy led to more frequent production of financial statements’, and that ‘entrepreneurs who produced financial statements more frequently had a… lower probability to close their venture involuntarily.’ For a business to be successful, financial literacy is key.

Business Management at Bolton
You’ll be studying in the new £4.8 million Institute of Management, in the heart of Bolton town centre. Our lecturers will share their expertise gained from a wide range of experience in their fields, from roles within small to medium-sized enterprises to multi-national corporations.

Not only will you benefit from their expertise, but you’ll be able to network with established guest lecturers from the world of business.

From the professional to the personal
Beyond the opportunity to pursue a rewarding career, spending your time studying finance will gain you skills and knowledge that can only be invaluable in your personal life. From personal budgets to investments, your talent as a financial manager will improve not only your life but also anyone you wish to share the information with.

Rated at #2 in the UK for Student Satisfaction for Accountancy and Finance courses (Complete University Guide 2021), students of finance at the University of Bolton know their futures are in good hands. If you want to set yourself for future success and security, there are few greater courses than Business Management (Finance) BSc. Click here for more information on the course information page.