Finding the Right College for you can be tough. Here are 5 helpful considerations:
If you are a high school student, or a parent of a high school student, and you have chosen finance as your career path, the next step in your path is selecting the best finance college for you. Selecting a finance college is not always easy. Don’t worry, this article will provide you a basic guideline about what to look for in a finance college.
Quality of Education
- Your first priority should always be quality of education. Research newspapers, online article and blogs for the colleges that are recognized for producing top financial experts working at top organizations.
- Look for reputation of the college, its goals, expertise of staff, its curriculum and its diversity.
- Enlist suitable colleges that are the best, after careful considerations.
Rule out the colleges that do not offer your desired college program. Prioritize those colleges that have been known for the best college programs according to your needs. The curriculum is important. The foundation classes have value. Do not discount foundation classes and courses as a waste of time. The basic prerequisite classes prepare the student with terminology and critical thinking skills that are essential for higher learning,
According to your budget, rule out the private colleges that are above your budget. If you are taking a college loan, make sure that you have planned that as well. Many students go bankrupt when they fail to payback college loans. Also prioritize colleges offering scholarships.
Costs are sometimes hidden. It is often hard to know the full price of books and tuition before going to the institution. You are encouraged to make a field trip to your desired university to talk to faculty. Do not be afraid to seek out current students. Ask the students you meet in the cafeteria or on the grounds for a more complete picture of the costs of tuition and costs of living. Some universities charge more for out of state under graduates so be aware of those extra fees.
Create a budget for yourself. Include all line items. Budget food, rent , transportation and entertainment. See what your living and tuition costs are. Research the degree of difficulty in your studies to see if part time work can offset some of those expenses and allow for your GPA to remain high.
Know yourself. Do you have the maturity to manage money? Can you be disciplined enough to budget for the first time. Is your social life a top priority where all of your cash is spent at the campus club beer garden? Can you do this? Will you need to call home often to ask for funds? Are you goal driven and hungry enough to see this through?
After ruling out the colleges that are not in your range, look for security and safety inside campuses.
- A good college campus should have basic security and safety protocols to protect their students.
- Research onsite campus accidents of the colleges you are interested in.
Rule out those colleges in which the students have suffered due to negligence of college security team.
For a college student, there are three options for living:
- living at your parents’ home, choosing a dorm or buying an off campus apartment. Living at your parents’ home can only be chosen if the college is less than an hour drive from it.
- Living in an off campus apartment can be expensive and should be avoided unless you have a budget for it.
- Living in the college dorm is the best option as it is generally affordable and on a walking distance from the college. Choose the college that has the best and the safest dorm.
The remaining colleges left on the list, that have all the above requirements, should be visited by you and your parents. Choose the college that is the best according to your personal preferences.
- The important considerations are not to overspend on college to the point where you are in over your head. It is important to consider the type of job you are seeking post graduation. By understanding what type of job you are seeking and how much it pays- then the amount you should spend on your education will be clear.
For example, students who wish to become a basic bookkeeper may not require extensive classes in tax preparation or readiness for an enrolled agent or CPA credential.That individual may start as an AP or AR clerk and work up to the Full Charge Bookkeeper function. Other students may enjoy advanced levels of tax preparation and seek out work as an auditor, EA or tax forensic accountant.
- Students are encouraged to find areas of finance they enjoy or find challenging. It is advisable to understand the compensation those positions generate. With this knowledge proceed cautiously and act with perseverance until the goal is achieved.
The above considerations will help you find the right institution for your needs. This is an introductory article. Far more considerations should be given to the students ability to live away from home, behave safely and rationally and achieve the grade point average GPA that will be attractive to the prospective university.
College is not cheap. The investment can only pay off if you are determined enough to see this through. I ask you, Is this the right step for you to take? If so, Make it happen, let nothing stand in your way! Overcome all obstacles in your way. Excel now and in life! Good luck