Many finance degree students ask themselves, “what kind of jobs can I get with a finance degree?” A common misconception is that the most lucrative and interesting jobs are those in the financial sector, mostly due to excessive media exposure.
Finance is a broad field, and there are many different types of jobs you can get with a finance degree.
First, you’ll want to decide if you want to work in corporate finance, investment banking, personal finance or accounting. Each of these areas has different job titles and requirements, so it’s important that you consider exactly what type of work you’d like to do before deciding on a career path.
Corporate finance positions include financial analyst, financial manager or corporate treasurer. These positions often require an MBA degree and experience working for the company for which you’re applying.
Investment banking positions include investment banking analyst or vice president. These positions also require an MBA and several years of relevant experience.
Personal finance jobs include financial advisor or stockbroker—you’ll need a bachelor’s degree in business administration (BBA) or finance with at least three years of work experience in the field before being hired as a financial advisor.
Accounting jobs include accountant (the most common way to start out), controller (which involves managing finances for an entire organization) or auditor (who reviews financial statements). Accounting professionals usually have at least a bachelor’s degree in accounting and several years’ experience working in this field before being hired as accountants
What jobs can you get with a finance degree
Introduction
A degree in finance can prepare you to work in a variety of fields that are all related to business, money, and assets. You will learn how to analyze data and make predictions about how companies and institutions should manage their money. If you get a finance degree, there are many different jobs you might be able to get. Here’s a list of some of the jobs you can get with a finance degree.
Whether you want to work in banking, consulting, or government, getting a degree in finance can help you.
Finance is the study of money and investments. There are many different kinds of jobs in finance, including banking, consulting, and government. If you’re interested in working with numbers, big data analytics, or managing other people’s money: a degree in finance could be right for you.
The first step to getting a job as a financial manager is having the right training and education. That’s why it’s important to get an undergraduate degree at least before pursuing your MBA (master of business administration). Even though many companies prefer candidates who have their master’s degrees already completed by the time they start their internships or entry level positions they may still take on students who are currently studying but also have some industry experience from previous internships/jobs etc..
A degree in finance can prepare you to work in a variety of fields that are all related to business, money, and assets.
Let’s say you’re interested in finance. Good choice! Finance is a broad field, and there are countless jobs you can get with a degree in finance. If you want to work in business, finance will serve as an excellent foundation for your career. If you’re more interested in specific careers like accounting or financial analysis (or if you just want to follow your heart), then a degree in finance is still the perfect choice for you!
It’s also worth noting that many people who major in finance go on to work for banks and investment firms after graduation—but not all of them do! Many graduates decide not to enter the financial sector at all; instead, they use their skills to land positions at other types of companies where their knowledge of money could be put to good use (think sales or marketing).
You will learn how to analyze data and make predictions about how companies and institutions should manage their money.
As you progress through your education, you will learn how to analyze data and make predictions about how companies and institutions should manage their money. This could be in the form of financial statements, financial ratios (like return on equity), or projections that include things like interest rates or defaults on loans.
If you get a finance degree, there are many different jobs you might be able to get.
If you get a finance degree, there are many different jobs you might be able to get. These include:
- Financial analyst
- Financial advisor
- Accountant/auditor
- Investment banker/trader
Here’s a list of some of the jobs you can get with a finance degree.
- Accountant.
- Financial analyst.
- Investment banker.
- Portfolio manager.
1. Corporate Financial Analyst
A corporate financial analyst is someone who analyzes the financial data of companies and institutions. They are responsible for analyzing how a company should manage its finances, making predictions about future profitability and stock prices, and advising management on which investments to make.
A corporate financial analyst does a lot of number crunching to come up with these recommendations. He or she also has to keep up with current events in the economy so that he or she knows what factors are likely to affect the business’s bottom line. This can be both stressful and exciting work because it involves having an impact on the direction of a major corporation!
2. Accounting Manager
Accounting managers are responsible for managing accounts payable, accounts receivable and financial statements in a company. They report to the chief financial officer (CFO), keeping track of all aspects of finance, including budgets and expenditures. They also prepare reports for clients as well as communicate effectively with other departments in the company.
The average salary is $128k per year according to Payscale.com, while Glassdoor puts it at $131k per year (as of 2018). Prerequisites include an undergraduate degree in accounting or finance, as well as several years’ experience working in the field at either an entry level or managerial capacity.
To get into this position you will need strong communication skills, attention to detail and problem-solving abilities – all qualities that come with time spent working on teams where there are deadlines surrounding every decision made every day!
3. Financial Manager
You can work as a financial manager for any type of company, such as banks and investment firms. You’ll be responsible for the management of financial assets and liabilities, as well as overseeing the financial planning and control of the organization. You’ll also be in charge of reporting on the business’s performance, often through a budgeting process.
Financial managers may also be involved in making recommendations to companies on how they can improve their profitability by taking advantage of different markets or changes in market conditions over time. They may use financial analysis techniques like discounted cash flow (DCF) models or payback period analysis (PBP) to do this
4. Actuary
A career as an actuary can be a lucrative one, especially if you’re hired by a major insurance company. The average salary for an actuary is about $83,000 per year in the United States, but it can go much higher depending on where you work and your particular skillset.
Actuaries analyze financial information to predict the likelihood of future events like bankruptcies and insurance claims. They are often the first to know when a company is in financial trouble and they also provide information that helps companies set prices for their products or services based on how many people will use them (also known as pricing).
This type of job requires advanced math skills and a lot of experience with statistics because actuaries have to calculate probabilities from data sets that are sometimes very complex.
5. Investment Manager
Investment managers are responsible for managing investments for individuals, companies, and organizations. As an investment manager you will be required to have a finance degree and work experience in the field. You must also possess a license to practice as well as the ability to manage risk.
For example: A university student who wishes to work as an investment manager after graduation may begin by interning with a company that has an internship program or working part-time at a local bank while attending school. Once they graduate, they can apply for jobs with various employers in the field of finance (such as banks) which could lead them toward becoming an investment manager later on down the road if all goes well!
6. Risk Management Specialist
Risk management specialists are responsible for managing the risks of a company or institution. They help companies understand their risks, and how to manage them. Risk management specialists work with:
- Risk analysis and risk assessment
- Risk management
Risk analysis involves gathering information about a certain area, such as financial analysis or environmental factors. These specialists use this information to understand how much risk is involved in taking on a certain project or investment opportunity. Risk assessment takes into account all the possible outcomes of an action taken by an organization before making any decision on whether it should proceed with that action at all
7. Financial Examiner or Compliance Officer
- Financial Examiner or Compliance Officer
If you want to work in the finance department of a private company, or if you’re interested in public accounting, becoming a financial examiner is a good option. This job involves checking the financial records of a company or institution to see whether they are accurate and complete. To do this, you may have to use specialized software programs that help track bank transactions and other types of financial information.
Financial examiners work for companies that engage in auditing activities on behalf of smaller businesses or corporations that need independent audits completed on their books annually so investors know whether these companies are performing well financially
8. Economist
If you’re interested in pursuing a career as an economist, you’ll need to take classes that cover the principles of economics. Your coursework will help you learn how to apply economic theory to solve real-world problems, evaluate economic issues and trends, create models of the economy and test them against historical data. A degree in finance can prepare you for this type of work; however, it’s important to note that most economists hold graduate degrees in economics.
The Bureau of Labor Statistics (BLS) reports that economists earn over $100,000 annually on average and there is no shortage of job openings for skilled professionals with degrees in this field. The U.S Department of Labor also lists personal financial planning analyst as one of the top five careers for people with undergraduate degrees in finance who want high salaries but are not interested in getting their MBA first
9. Personal Financial Advisor or Planner
Personal financial advisors are trained to help people manage their money and plan for their future. You can work for a bank, insurance company or investment firm.
To be a personal financial advisor or planner you will need to have a license. The CFP (Certified Financial Planner) designation is the most widely recognized professional designation in this field. To earn it you must pass an exam administered by the CFP Board of Standards; meet certain education and experience requirements; and adhere to ethical standards set forth by the board. The CFP credential is valid for life once earned but must be renewed every year by completing 30 hours of continuing education courses related to financial planning practice or any other topic approved by the board within one year prior to renewal date.
A degree in finance opens up many doors for your career!
A degree in finance opens up many doors for your career! If you’re interested in working with money, this is a great way to get started. You can work in banking, consulting or government. Finance jobs also exist in many different industries including healthcare, technology, manufacturing and retail.
You can find work anywhere as long as there are people who want to make transactions with each other—which means that you could find yourself working anywhere from New York City to Tokyo or London. Another benefit of having a degree in finance is that it allows for a very flexible schedule so if you want more time off than someone without the degree would get (or vice versa), then it’s possible with this occupation.
Conclusion
So whether you’re interested in starting your own business, working for a company or institution, or helping others manage their money, getting a degree in finance could be the right path for you. It’s important to remember that there are many different types of finance jobs out there and the field is growing and changing all the time. Remember: if none of these sound interesting to you now, don’t worry! Keep researching other fields that might be better suited for what want out of your career and work hard on getting those skills together.
