There are numerous options with regards to an individual with an education in any finance field can choose to explore. Thus, this article will look at what jobs can you get with a finance degree. Also here are 10 careers in finance and some of the best careers in finance without a degree.
List of careers in finance
What jobs can you get with a finance degree and what is the highest paid job in finance?
- Financial Analyst
The role of a financial analyst is to research stocks, bonds, firms and industries to help financial institutions such as banks, investors and corporate officers with acquisitions and bond offerings including corporate extensions and restructuring.
Financial analysts formulate models and conduct complex quantitative analyses. They also file reports containing their findings and present their analyses to members of the finance team.
2. Financial Advisor
This is a financial professional who aids customers identify short and long-term financial objectives and leads them to products that yield substantial results. The roles of a financial advisor include being acquainted with insurance products, working in close proximity with underwriters and risk assessment personnel, as well as being the first point of contact for customers.
3. Compliance Analyst
This is a financial professional whose role includes auditing a business for compliance against set standards by governing bodies. The finance industry in nature is very much compliance-driven as the long-term economic stability and growth thereof rely greatly on existing standards. Compliance analysts review information, policies and infrastructure in a bid to ensure set regulations are followed.
4. Information Technology Auditor
This is a financial professional who more often than not, works for government departments or private firms to confirm the technology infrastructure is compliant and meets another enterprise IT requirements. An information technology auditor’s daily routine involves conducting auditing and he or she is great at doing so and sometimes, certification is required.
The role of an accountant includes recording, collecting, analyzing and reporting on financial data. Usually, accountants rely on financial records compiled by bookkeepers to prepare financial statements and reports to conduct financial analysis. In a nutshell, an accountant is a professional whose job description is to keep and interpret financial records.
Additionally, an accountant can also become a certified public accountant (CPA) after he or she has passed the CPA examination and has met all the licensing requirements thereof.
6. Business Analyst
Being an accountant, you are entrusted with a particular kind of company file that has to do with profits and losses. However, companies and organizations are like, need to make projections for the future so as to mitigate losses and that is where a business analyst comes in.
What jobs can you get with a finance degree? whose job is to collect data from various sources and help the organization how best to plan ahead using the prevailing situation to maximize profits and cut down on losses.
To transition from an accountant to a business analyst, one needs to learn some programming language such as Python as well ramp up statistical skills with the same.
7. Payroll Administrator
Being a payroll administrator is another alternative career for an accountant since you are already good with many and are attentive to detail, you would ensure that all employees at the company are paid and, properly.
This position requires one with good record-keeping skills and you will be responsible for maintaining records for new members, pay changes and terminations, and not forgetting to file tax reports.
There is a need for accountants wanting to transition to payroll administrator positions to talk online or short payroll courses that come in handy when preparing transactions and documents.
Another alternative career for accountants is bookkeeping. This role involves the day-to-day recording of sales, receipts and numerous other financial transactions.
This position in particular is different from an accounting role. It is more task-oriented than the latter but one can still choose the number of clients to take on.
9. Financial Planner
This is a professional whose job is to aid the public and companies. Additionally, they create tailor-made financial plans to achieve their short and long-term goals. They also make recommendations regarding investments. And they also educate about savings to would-be retirees, prepare budgets, create cost-saving opportunities for individuals who require their services. Moreover, some of the financial planners do offer tax planning and preparations among many things they do finance-wise.
10. Communications Strategist/Consultant
This requires communications experts that can interpret complex business concepts into easily relatable easy-to-grasp form.
In order to be a communications strategist, it is important to know what jobs can you get with a finance degree. You need to perfect your writing skills, then, learn about how companies set up their blogging programs. Finally, you can start creating your own blog.
As can be seen from the article, there are a number of careers one in finance can explore. In conclusion, take advantage of these investigative options and figure out which one of them tickles your fancy.
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