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 Texas colleges that offer banking and financial services degrees.

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Owensboro Community and Technical College

Also known as Colin County Community College

3452 Spur 399, McKinney, TX

About
Owensboro Community and Technical College, located in Owensboro, Kentucky, was formed in 1999 through the merger of two previous institutions, Owensboro Technical College and Owensboro Community College. OCTC is one of 16 schools that comprise the Kentucky Community and Technical College System.

OCTC is located in the third largest city in Kentucky and serves the counties of Daviess, Ohio, Hancock, and McLean. In addition, the school serves parts of Spencer County in Indiana due to its close proximity to the state. The school is accredited by the Southern Association of Schools and Colleges and is dedicated to providing a quality education for students.

Academics
Owensboro Community and Technical College offers a variety of programs that offer career and technical training as well as transfer opportunities. Career and technical training programs take between one and two years to complete and result in a certificate or associate degree that demonstrates the student's competency in his or her area of study. Such programs provide the skills and experience necessary to enter the workforce as professionals capable of performing the duties and tasks necessary of that career.

Students may also apply earned credits toward transfer to a four year institution. Students will typically complete the first two years of a four year education, followed by transfer to a college or university to complete their bachelor's degree. Such institutions will have varying requirements for transfer admission and it is advised that students meet with a counselor to develop a curriculum that best meets the requirements of the student's school or schools.

Programs offered include:

• Business Administration
• Cosmetology
• Criminal Justice
• Nursing
• Welding

Admissions and Financial Aid
As an open enrollment institution, students who meet the minimum requirements for enrollment will be admitted to OCTC upon submission of the application for admission. Students should also submit transcripts and standardized test scores, and may be required to take the COMPASS placement exam prior to registration.

Students may register for courses shortly before the start of each semester and should meet with a counselor prior to choosing classes in order to outline one's curriculum and goals. Students enrolled in a career or technical program will be provided a practical education alongside a more traditional classroom education, ensuring that students obtain the experience necessary to perform their duties properly.

Financial aid is available in the form of loans, grants and scholarships. Students in need of financial assistance must complete the Free Application for Federal Student Aid (FAFSA), which will be used to determine financial need, program eligibility and monetary awards. Students should apply for financial aid prior to the posted deadline, and must reapply for financial aid prior to the start of each academic year. Students may be asked to provide additional financial documentation to verify the accuracy provided on the FAFSA.

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

Salary & Wages

• Dallas-Plano-Irving, TX Metropolitan Division
  • Total Employment: 860
  • Average Hourly Rate: $20.80
  • Average Annual Salary: $43250
• Fort Worth-Arlington, TX Metropolitan Division
  • Total Employment: 240
  • Average Hourly Rate: $19.04
  • Average Annual Salary: $39600

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

• Dallas-Plano-Irving, TX Metropolitan Division
  • Total Employment: 8
  • Average Hourly Rate: $20.51
  • Average Annual Salary: $42650
• Fort Worth-Arlington, TX Metropolitan Division
  • Total Employment: 3
  • Average Hourly Rate: $16.80
  • Average Annual Salary: $34940

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

• Dallas-Plano-Irving, TX Metropolitan Division
  • Total Employment: 7
  • Average Hourly Rate: $12.77
  • Average Annual Salary: $26550
• Fort Worth-Arlington, TX Metropolitan Division
  • Total Employment: 4
  • Average Hourly Rate: $11.95
  • Average Annual Salary: $24850

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

Salary & Wages

• Dallas-Plano-Irving, TX Metropolitan Division
  • Total Employment: 1
  • Average Hourly Rate: $18.04
  • Average Annual Salary: $37520
• Fort Worth-Arlington, TX Metropolitan Division
  • Total Employment: 680
  • Average Hourly Rate: $17.39
  • Average Annual Salary: $36160

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