• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar

Bagofcent$

Earn, Save, Live Life.

  • ▫Home
  • ▫About
  • ▫Earning
  • ▫Save
  • ▫Life
  • ▫Blog

Finance Careers: The Most Common Financial Positions

March 18, 2020 By Stanley Leave a Comment

 

Getting a career in finance is quite easy as there are plenty of exciting jobs you can apply for. From a compensation standpoint, the most common jobs are suitable. Since you have plenty of room to grow, you’ll also have a higher chance of earning big.

You can apply in a variety of related industries but mostly those focusing on financing and entrepreneurship. You can also find a finance recruitment agency to represent you.

That said, here are the top most common job positions you can take when you have a finance degree.

Financial Planner

This position is an excellent choice for people who want to pursue a career in finance, as it’s expected to expand up to 15% by the end of 2026. Financial planners are people who help investors manage their finances by devising a plan based on the trends of the securities market.

Each investor has a different need, and it’s up to you to customize a plan for their best interest. You’ll need to apply your knowledge and skills in accounting, especially in deciphering trends.

Additionally, it’s best to improve your interpersonal skills as well as communication skills to persuade investors.

Investment Banking

Many see investment banking as one of the most prestigious careers in the finance industry, especially when it comes to the payment you’ll receive.

As an investment banking expert, you’ll work with investors and help them decide on a business opportunity that works best for them. Of course, it should be able to drive sales and growth for the company.

If there are any disadvantages to this career, it’s the working hours. You’ll have to work longer than most, especially when you’re only starting. However, it pays in the long run.

Financial Analyst

A financial analyst typically works with insurance companies, investment companies, and other corporate entities. Your main goal as one is to analyze the company’s budget and its income statement projections.

Part of the job is to create reports, forecast models, and conduct some business studies. You’ll also have to research trends in the industry and economic conditions, among others.

Besides some excellent financial skills and knowledge, you should also have good computer skills if you want to pursue this career.

Management Consultant

Management consultants are typically project-based workers, but they could be working with the same corporate entities for these projects.

As a management consultant, these companies will ask for advice regarding the business decisions they should make. Your job is to analyze the situation, consider their current and past conditions, and come up with the best path for them to take.

One of the perks of this career is you get to help them create decisions but don’t necessarily have to be part of its implementation.

Getting a degree in finance is good, but you also need to find a career that you know you can do well and believe you can thrive in. It’s more than just compensation. It’s also about your interests as well as your growth as a career person.

 

PS Hope this was informational ?!

 

Stanley

Popular posts on Bag of Cents:

  • Having a Passive Income, is it possible?
  • Frugal vs Money
  • Simplify your Life Today = Minimalist
  • The Envelop System to help you save

Tweet
Pin2
Share
2 Shares

Filed Under: Earning and You

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

▫Let’s connect

  • Email
  • Pinterest

▫Live Life Today

Selling Your Business

Business Office Away From Home

The Art of Letting Go

Time to Follow your Dreams

Best Outdoor Hobbies

▫Pinterest

Copyright © 2018 Bagofcent$
 · Disclaimers/ Earning Disclaimers 
· Privacy Policy
 · Terms of use