Finance and Credit

Finance at SCTCC

Degrees and Certificates

Why Choose This Program

If you enjoy math, banking and/or money management, then a degree in finance and credit will help lead in the right direction for a career in finance and credit. This degree will help prepare you for a variety of career options in the Finance and Credit industry, including employment in lending, banking, accounting, collections, communications, management, and more.

Students in this program will study banking, consumer lending, risk management, accounting, business law and personal money management. Since the Finance and Credit program is a completely online you will be able to attain and fit this degree in any busy life style.

The Finance and Credit degree is offered 100% Online. More info

Brandon
Ehni
Brandon E.
graduated from
St. Cloud Tech HS
Finance and Credit
Finance goes really well with my accounting degree and I would really like to get into the banking industry, so it gives me a little different aspect on the field. Finance comes pretty naturally to me.
Quote
Brandon E.
Jen
Dingmnann
Jen
Finance alumni
Works at Stearns Bank
Finance and Credit
SCTCC was a great fit for me. It wasn’t as intimidating as a big university and the teachers were very personable. It was a good intermediate step for me in my education. I transferred to Southwest State and the process was pretty easy.
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Jen

Skills Acquired

  • Communication Skills. You must be able to communicate your knowledge with strong speaking, writing, and presentation skills.
  • Relationship-Management Skills. You will need people skills in order to succeed as a financial professional include understanding different personality types, listening, asking the right questions, resolving conflicts, educating others, and counseling clients.
  • Marketing and Sales Skills. All financial professionals need to market your professional skills and knowledge to prospects in your markets, so you will have to "sell" both your personal strengths and your firm's professional strengths.
  • Project Management Ability, Organizational Skills and Attention to Detail. You will need to manage your own schedule in terms of your time, budgets, and deadlines, as well as those of others.
  • Problem-Solving Skills. You will always encounter problems in any job, so you will need to be able to solve problems effectivity.
75
%
2017 Placement Rate
$
39
Central MN Average Hourly Pay

Career Choices

  • Commercial banks
  • Credit unions
  • Finance companies
  • Collection agencies
  • Medical facilities
  • Mortgage companies
  • Property management associations

Graduates have also found rewarding careers in the credit and business departments of retail, wholesale, and other service organizations.

In the banking industry, the range of careers is enormous and includes:

  • High level advisory work
  • Managing processes
  • Customer services
  • Legal
  • Accountancy
  • IT
  • Marketing
  • Human resources
  • Insurance
  • Lending
  • Foreign currency management (known as treasury)
  • Investment management
  • Trade finance
  • Financial control
  • Internal auditing
  • Regulatory compliance
  • Transaction supervisory roles
  • Prevention of money laundering
  • Funding of terrorism officers

In insurance, the types of careers may include manager and legal advisor work in:

  • Brokering
  • Underwriting
  • Loss adjusting
  • Claims management
  • Customer service
  • Sales
  • Compliance and risk management
  • Financial reporting
  • Client advisory

Banks are a primary focus of the finance industry where you can venture into retail banking – families and individuals -and/or corporate banking, that meets the needs of business, governments and the public sectors. Insurance companies are another source of careers for finance and credit majors. Insurance can be classified into two main categories – general business of insurance and long-term business of insurance. Underwriting is a specialization that involves detailed analysis of the different aspects of proposals submitted by customers to insurance companies. Compliance is the process of ensuring that the insurance company is doing business according to standards established by law.

Investment and financial advisor companies present many opportunities of the finance and credit graduates. The jobs of the investment services industry use special skills, knowledge and expertise to invest money on behalf of their clients or to advise clients on how to best use their money. Job as a financial advisor refers to the instructions given to private citizens on how to best manage their financial affairs. Some financial advisers work in banks while others work in independent specialist firms. They advise all types of customers, from people with modest amounts to invest to the very wealthy.

Where Grads Work

  • Capital One
  • Central MN Credit Union
  • Prime America 
  • Northern Factory Sales, Inc.

Info Sessions

Tuesday
22
January
2:00 PM

1-433

Tuesday
26
February
2:00 PM

1-433

Tuesday
26
March
2:00 PM

1-433

Contact Us

Sandra Schimek
Office: 1-323-M
sschimek@sctcc.edu

Program Costs

In addition to tuition and fees, students can expect to pay about $2000 for books, supplies, and materials.

Program Scholarship

There are several scholarships available for SCTCC students. Just one application, and you're considered for all scholarships!

SCTCC Scholarships

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SCTCC Finance and Credit Online