Are you interested in getting into the finance industry? Many different types of careers can be found in this field, and it is important to know what is available before deciding on your path. This post will give you an overview of some popular careers that might interest you.

Corporate Finance

Corporate finance is a career that has great growth opportunities. It’s an area of finance where you analyze a company's financial decisions to make investments, acquisitions, or divestitures. You can work for public companies as well as private firms which are involved in merger or acquisition transactions to help them make better business strategies financially speaking. Some people specialize in working on particular areas such as M&A due diligence (researching potential merger targets), valuation methodologies/models, cash flow modeling, etc., while others may have more general interests but still be able to find jobs easily throughout their careers without too much specialization required during all stages of their professional lives. This will depend largely on your own goals and aspirations though. You can get an online master of financial planning degree which is an entirely online program at the moment, but there may also be more opportunities to earn a finance degree in person if you want. Your career prospects shouldn't delay getting an education since this industry changes very quickly!
One of the most popular careers in corporate finance right now is an equity research analyst. This refers to analyzing companies and making recommendations on whether buy or sell their stocks based on market trends as opposed to doing specific financial modeling/analysis work that would involve things like cash flow projections etc. You can get into equity research by working hard during internships (which will give you lots of valuable skills) so it’s worth considering even though it doesn't sound appealing initially compared say with something like investment banking where you are directly involved in transactions.

Financial Advisors

If you are interested in a career that revolves around money, then consider becoming a financial advisor. Financial advisors help people save for the future and invest their money wisely. They can work for banks, insurance companies, or investment firms. To become a financial advisor, you will need to have a degree in finance or economics. You will also need to pass an exam called Series 65. This exam tests your knowledge of financial planning and investments.  In addition to the Series 65 exam, aspiring financial advisors are required to pass the Securities Industry Essentials (SIE) exam. This exam covers a wide range of topics related to the securities industry, including the structure and function of financial markets, regulatory agencies, and various financial instruments such as stocks, bonds, and mutual funds. To prepare for the SIE exam, various study materials are available, including online courses, textbooks, and practice exams. A good SIE study guide and materials should cover all the key topics tested on the exam and provide practice questions and detailed explanations to help you understand the concepts better. It's important to start studying well before the exam date to ensure you have enough time to review all the material thoroughly.
Financial advisors typically earn a salary plus commission. The average salary for a financial advisor is $67,000 per year. However, with experience and/or certification, you could earn much more than this amount. If you are in helping people manage their finances, then a career as a financial advisor might be right for you. You will need to have strong math skills and good knowledge of the stock market, but if you do, this can be a very rewarding career.

Investment Management

If you're looking for a career in finance that's both lucrative and exciting, investment management might be the perfect choice for you. In this field, you'll help clients invest their money in the best possible way, making sure that their portfolios are as stable and profitable as possible. You'll need to have strong math skills and a good understanding of financial markets to be successful in this job.
Investment managers typically work for banks or other financial institutions, but there is also the possibility of working for yourself as an independent consultant. The pay can be quite good - salaries often start at six figures - and the hours are usually regular office hours. However, it can be difficult to break into this career path, so you'll need to have a lot of experience and/or education in finance. If you're interested in learning more about investment management, there are many courses available online or at universities around the world. This is a field that's constantly evolving, so it's important to stay up-to-date on the latest trends and techniques. With hard work and dedication, an investment management career can be a very rewarding way to make a living.

Stock Brokers

A stockbroker is a professional who assists clients in buying and selling securities. They work with individual investors, as well as large institutional investors. Stockbrokers typically have a four-year degree in finance or economics and must pass a licensing exam to become registered with the Securities and Exchange Commission (SEC).
The job of a stockbroker can be exciting, but also stressful. The market is constantly moving, so it's important to stay up-to-date on current events and have a strong knowledge of financial terms and strategies. Stockbrokers typically earn a commission for every transaction they make on behalf of their clients. If you're interested in becoming a stockbroker, several schools offer certification programs, including the FINRA Investor Education Foundation. You may also want to check out the National Association of Securities Dealers (NASD) website for a list of registered brokers in your area.

Hedge Fund Managers

Hedge fund managers are individuals who manage portfolios for clients, which can include family offices and institutions. These professionals monitor the types of risks their investments face so they can make adjustments to decrease or increase risk as needed. Hedge Fund Managers work with assets such as stocks, bonds, currencies, and commodities to generate higher returns than most other investment options. Individuals interested in this career should have an extensive background in finance (including business law), prior experience managing financial assets (such as mutual funds), and strong mathematical capabilities like calculus.

Analyst

The analyst is another popular career in finance that you might be interested in. They are responsible for performing financial analysis and reporting on the performance of a company or organization. This includes reviewing data, trends, and risks to help make recommendations to management.
Analyst jobs can be found in a variety of industries, including banking, insurance, accounting, and investment firms. They may work as part of a team or independently depending on the role. To become an analyst, you typically need at least a bachelor’s degree in business administration, economics, or finance. However, some employers may prefer candidates with graduate degrees.
If you're thinking about pursuing a career in finance, there are many options to choose from. These are just a few of the most popular careers in finance that might interest you. Do your research and find the role that's best suited for you. With the right training and experience, you can achieve success in this field!

WRITTEN BY

Sophie H.