Finance Lakehead

Lakehead University, located in Thunder Bay and Orillia, Ontario, offers diverse opportunities for students interested in pursuing a career in finance. While not a dedicated “finance” program in name, the university’s business programs provide a solid foundation for various financial roles.

The most relevant program is the Bachelor of Commerce (BComm). This undergraduate degree offers a comprehensive understanding of business principles, including accounting, economics, marketing, and organizational behaviour. Crucially for aspiring finance professionals, the BComm allows for specialization. Students can choose to concentrate their studies in areas like:

• Accounting: While not strictly finance, a strong accounting background is vital for understanding financial statements, analyzing performance, and making informed investment decisions. The accounting specialization prepares students for careers in corporate accounting, auditing, and tax, which can serve as a springboard into finance-focused roles.
• Finance: Although not always a specific declared major, many students within the BComm program will orient their elective choices towards more finance subjects, and will often pursue an internship in a finance capacity. This would entail the focused study of investment management, corporate finance, and financial institutions, equipping them for roles such as financial analyst, investment advisor, or portfolio manager.
• Economics: A strong grasp of economic principles is fundamental to understanding market dynamics, investment strategies, and risk management. Choosing courses in economics alongside business courses can significantly strengthen your financial acumen.

The BComm program at Lakehead emphasizes experiential learning. Students benefit from opportunities to participate in case competitions, simulations, and real-world projects, allowing them to apply their knowledge and develop practical skills. Furthermore, internships are strongly encouraged and provide invaluable hands-on experience in the financial industry. Lakehead’s Career Services offers support in securing internships and connecting with potential employers.

Beyond the BComm, Lakehead also offers a Master of Business Administration (MBA) program. This program is designed for individuals seeking to advance their careers and take on leadership roles. While the MBA program isn’t exclusively focused on finance, students can tailor their studies by choosing electives related to financial management, investment analysis, and corporate strategy.

Lakehead’s smaller class sizes foster a more personalized learning environment. Students have greater access to professors, facilitating more individualized guidance and mentorship. This close-knit community can be particularly beneficial for navigating the complexities of the finance field and building valuable professional networks.

Although Lakehead University may not have dedicated “Finance” programs, the BComm degree with appropriate course selection, coupled with internships and potentially an MBA, provides a solid foundation for a successful career in the financial sector. Its emphasis on practical experience and personalized learning makes it a valuable option for students seeking a well-rounded business education with a strong financial focus.