The Many Job Positions In The Finance Industry

Why Consider A Career in Finance?

A career in finance is both lucrative and challenging. When defining the phrase ‘finance careers’ it must be noted that it is a very broad phrase covering a lot of different types of career areas. You may want to embark on a book keeping career or undertake a career path in the world of high finance. The possibilities are as diverse as they are lucrative. If you’re planning on entering the world of finance, it is important to know your career options in this profitable industry.

Banking

If you are interested in a career in banking, you will need a university education, particularly if you’re interested in investment banking either as a seller or buyer. A career in finance banking or other type of financial institution can be either in the private or public sector. For the private sector, a banking manager is a good choice as you can work with the big corporate giants. You can also specialize in helping small businesses grow and expand. Investment bankers can work with businesses, government or large corporations to help various entities sell stocks and bonds. They can also provide financial advice about investments and minimizing tax liabilities. Another popular finance career area is financial management. If you have a background and education in finance, you may want to consider a career in accounting, mortgage brokers, real estate developers, or property managers.

Public Sector

There are many finance jobs available in the public sector. This can include implementing policies for consumer lending or loan products such as mutual funds and other invest funds held by such institutions as insurance companies. Stockbroker and securities analysts are lucrative careers that involve the selling of investments. These analysts work with clients to help them obtain their financial goals. Financial advisers are also involved with helping with clients with their investments. Financial consultants work with individuals and companies to determine how best to invest their money.

Different Job Positions

Financial management is another lucrative career choice. There are chief financial officers who are responsible for a company's financial growth by using capital efficiently. Other financial management positions include: financial analysts, income tax compliance managers, revenue analysts, capital and budgeting analysts. For the high level finance careers, you will likely need a Bachelor's degree in finance to secure an entry-level finance careers. If you are interested in a senior finance management position, you will require a Master's degree in Finance.

Skills Required

Careers in finance involve working with people or entities to determine how best to use their money. These jobs are very financially rewarding and challenging with room to climb the corporate ladder. Financial professionals benefit from certain skills that include: critical thinking, communication, team work, problem solving, organization, negotiation, and interpersonal skills.  Financial professionals spend much of their time collecting information and analyzing data. They must understand economics, financial markets, banking, investments, and insurance.

When considering a career in finance, look into such areas as Corporate Finance, Real Estate, Insurance, Commercial Banking, Private Equity, Financial Planning, Investment Banking, Hedge Funds, and Money Management. Finance offers an abundant of careers for graduates with a Business Administration in Finance degree. This broad career field will offer more stability to those who enjoy crunching numbers and can adjust to change while preserving strong interpersonal skills.

This guest article was provided by Accounting Principals - we provide job seekers with the latest Finance job listings and finance recruiting services for employers.