As a business graduate, obtaining your degree in finance will just be the beginning. What follows will be examining the career options available and gauging which industrial sectors require new professionals.
The finance field is complicated, offering new graduates with a number of positions catering to various interests and skills. Different finance services have several sub-industries, which encompass niche opportunities. The key to your personal success is conducting research, locating and landing on a financial career that is compatible with your interests and skills. The same goes for analready employed professional who seeks to make a switch to a new financial career path. As a student, however, five exciting career paths, which may intrigue you, include the following:
1. Investment Banking Analytic
Even though the investment banking is reputable for being one of the most difficult industries to venture into, it is also offers the most challenging and rewarding jobs that you could venture into as a finance graduate student.
|view current positions for investment banking analysts|
As an investment banking analytic, you shall be entasked with producing valuable information required by various companies to make a final investment decision. This can involve different business functions, most of which will include constructing financial models, analyzing the company’s financial statements, managing trades and preparing reports on potential investment sectors. If you land a job in one of the large firms, you will have to specialize in a particular sector, geographical region or a product type.
In this field, you will have to work closely with your superiors to support the investment banking team. Therefore, to qualify in this field, you will have to be a diligent and self-motivated individual. You also have to have a bachelor’s degree in business, accounting, finance or economics.
2. Financial Analysis
Financial analysts are always in demand. These are hired by companies belonging to a diversified range of industries, including hospitals and conventional financial institutions. As a financial analyst, your work will be to help the company develop executable plans, which will ensure that the company’s current and future financial plans are stable. Typically, your work will be to review the company’s financial goals and come up with an appropriate plan for investing that will be compatible with the company’s objectives. Your plan for the company will have to focus on investment growth mainly.
|view current positions for financial analysts|
To be one of the most sought after financial analyst, you will have to have the Certified Financial Planner, with three years of experience and pass some of the required examinations.
3. Private Equity Professional
Under this field, you will work in collaboration with the businesses to help them in attaining the best possible private equity options. You will assist the company/business find the capital that will be used in the growth and expansion of its operations as well as running its current operations. You will also be providing financing for different corporate business transactions such as restructurings and buyouts. In other situations, you will also work as an interim executive in a struggling organization where your expertise will help determine the fate of the organization.
4. Corporate Finance
Corporate finance, as suggested by the name, has everything to do with the finances of corporations. From developing strategies to making cost-benefit analysis, this career choice will provide you with a full-blown exposure to the corporation. This is one key field in the companies, as it makes budgets, attains and allocates financial resources, and plays a major role in maintaining stable financial position of the company.
5. Commercial Banking
Commercial banking career choice will not limit you taking deposits and making loans. Instead, the field has a number of other dynamics. You can go for treasury and make investment decisions. If you like probability and uncertainty management, the risk management in this field is the best choice for you.
|view current positions for commercial banker|
It is always advisable that you make wise choices when it comes to seeking a financial job by observing the direction of the market. To efficiently meet the jobs demands with the highest probability of success, you have to measure the demand for position. Various financial jobs will require different skills, therefore it is important that you select a job that is in line with your future interests and skills.
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Last update on 2019-01-15 / Affiliate links / Images from Amazon Product Advertising API