Banking and Financial Services Degree

The robust world of Banking and Financial Support Services is a field of study emphasizing the facilitation of financial and economic services for individuals and business entities. Get more details below including other Minnesota colleges that offer banking and financial services degrees.

Learn more by requesting information now!

Minnesota State Community and Technical College (M State)

121 W Superior St, Duluth, MN

Minnesota State Community and Technical College operates four campuses and serves near 10,000 students in credit courses per semester. MSCTC offers more than 120 career and liberal arts programs along with custom training programs through community partnerships. The fours campus locations are Detroit Lakes, Fergus Falls, Moorhead and Wadena. Additionally, MSCTC offers online courses and programs.

Academics

MSCTC boasts small class sizes and a diverse mix of programs to make the educational experience of students as engaging as possible. Each campus has its own mix of courses, history and culture; but all of them offer quality education. Vocational certificates and diplomas are offered alongside 2 year degrees, and transfer programs.

Programs of study include:

• Automotive Service Technology
• Cosmetology
• Early Childhood Education
• Phlebotomy
• Criminal Justice
• Psychology

Admissions and Financial Aid

Students interested in attending MSCTC should apply online, submit high school and college transcripts, present immunization forms if they graduated high school before 1997, schedule assessment testing for placement, register for classes at the scheduled time, and pay all tuition fees.

MSCTC offers financial aid assistance through its financial aid department, Interested students should inquire at the office and work with a representative to find the financial aid solutions that best work for him or her. All students applying for financial aid are required to fill out and submit the Free Application for Federal Student Aid (FAFSA).

Athletics

The athletics teams at MSCTC are referred to as the Spartans and are members of the National Junior College Athletics Association.

Sports offered:

• Basketball
• Baseball/Softball
• Football
• Golf
• Volleyball

Career Options for Graduates

Loan Counselors

Description

Provide guidance to prospective loan applicants who have problems qualifying for traditional loans. Guidance may include determining the best type of loan and explaining loan requirements or restrictions.

Career Outlook & Projections ()

According to the BLS, loan counselors employment is expected to grow at a rate of 15.5% from 2014 to 2024

Bill and Account Collectors

Description

Locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment. Duties include receiving payment and posting amount to customer's account; preparing statements to credit department if customer fails to respond; initiating repossession proceedings or service disconnection; and keeping records of collection and status of accounts.

Career Outlook & Projections ()

According to the BLS, bill and account collectors employment is expected to shrink at a rate of -5.6% from 2014 to 2024

Salary & Wages

• Duluth, MN-WI
  • Total Employment: 160
  • Average Hourly Rate: $17.71
  • Average Annual Salary: $36840

Tellers

Description

Receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution's various transactions.

Career Outlook & Projections ()

According to the BLS, tellers employment is expected to shrink at a rate of -7.7% from 2014 to 2024

Salary & Wages

• Duluth, MN-WI
  • Total Employment: 610
  • Average Hourly Rate: $11.72
  • Average Annual Salary: $24380

Credit Authorizers

Description

Authorize credit charges against customers' accounts.

Career Outlook & Projections ()

According to the BLS, credit authorizers employment is expected to shrink at a rate of -6.2% from 2014 to 2024

Source: Job descriptions, estimated salary and wages, and projected job growth are taken from the Bureau of Labor Statistics (BLS).