This article covers up all about what you can do with a finance degree which is one of the highest paying careers. A degree from a reputed college like Harvard, Stanford, and other top business schools leads to a bright career path.
Finance is a practical field that will always be in demand. If you’re majoring in finance or are a recent finance grad you’ve got a lot of options to opt from. Absolutely, a lot of finance
roles pay very well even at the entry-level. You might think majoring in finance means you’re
destined to become the stereotypical “finance bro” who talks about the stock market over after-work parties. If you enjoy this mindset this can be a best career option for you.
Below this we have mentioned high paying career options in finance and their salaries. Most jobs will sound the same and mostly have the same work roles.
What is Finance?
Finance is a term for matters regarding the management, creation, and study of money and investments. It also includes management of money and includes activities such as investing, borrowing, lending, budgeting, saving, and forecasting.
What can you do with the knowledge of finance?
Investing personal money in stocks, bonds, or guaranteed investment certificates.
Lending money to people by providing them a mortgage to buy a house with charging interest.
Borrowing money from institutional investors by issuing bonds on behalf of a public company.
Financial modelling using excel spreadsheets
There are various job roles offered for a person having a degree in finance field which includes:
A person with a degree in finance has a wide range of career opportunities across various industries. Some common job roles include:
1. Financial Analyst: Analysing financial data, preparing reports, and making recommendations to help businesses make informed decisions about investments, budgets, and financial strategies. The Average salary of a financial analyst in the USA is around $95000/ annum, making it a good career.
2. Investment Banker: Facilitating mergers and acquisitions, underwriting securities offerings, providing financial advisory services, and managing investment portfolios for clients. The Average salary of a financial analyst in the USA is around $82000/ annum, with an additional bonus for good work and potential career to have high salary with experience in the market as you have seen it in “The Wolf Of Wall Street” making it a good career.
3. Financial Planner/Advisor: Assisting individuals and families with financial goal setting, retirement planning, investment strategies, tax planning, and risk management .The Average salary of a financial analyst in the USA is around $73000/ annum, with an additional bonus for good work.
4. Corporate Treasurer: Managing a company's cash flow, liquidity, and financial risks, as well as overseeing banking relationships, capital structure, and debt financing activities. The Average salary of a financial analyst in the USA is around $87000/ annum,
5. Risk Analyst/Manager: Identifying, assessing, and mitigating financial risks such as market risk, credit risk, and operational risk, and developing risk management strategies to protect organizations from potential losses. The Average salary of a financial analyst in the USA is around $95000/ annum, with an additional bonus for good work.
6. Portfolio Manager: Managing investment portfolios on behalf of individuals, institutions, or mutual funds, making decisions about asset allocation, security selection, and portfolio rebalancing to optimize returns and manage risk. The Average salary of a financial analyst in the USA is around $65000/ annum, with an additional bonus for good work
7. Financial Controller: Overseeing the accounting and financial reporting functions of an organization, ensuring compliance with regulatory requirements, and providing financial analysis and guidance to senior management. The Average salary of a financial analyst in the USA is around $90000/ annum, with an additional bonus for good work.
8. Auditor: Reviewing and evaluating financial statements, internal controls, and accounting procedures to ensure accuracy and compliance with applicable laws and regulations, either within a company or as an external auditor for public accounting firms. The Average salary of a financial analyst in the USA is around $52000/ annum, with an additional bonus for good work
9. Credit Analyst/Manager: Assessing the creditworthiness of individuals or businesses applying for loans or credit lines, analyzing financial statements and credit reports, and making recommendations regarding credit approvals and terms. The Average salary of a financial analyst in the USA is around $55000/ annum, with an additional bonus for good work
10. Financial Consultant: Providing specialized financial advice and expertise in areas such as tax planning, estate planning, insurance, and wealth management, often working independently or as part of a financial advisory firm. The Average salary of a financial analyst in the USA is around $92000/ annum, with an additional bonus for good work
These are just a few examples, and there are many other career paths available to individuals with a degree in finance, depending on their interests, skills, and career goals. Additionally, finance professionals may pursue certifications such as Chartered Financial Analyst (CFA), Certified Financial Planner (CFP), or Certified Public Accountant (CPA) to enhance their qualifications and career prospects.
roles pay very well even at the entry-level. You might think majoring in finance means you’re
destined to become the stereotypical “finance bro” who talks about the stock market over after-work parties. If you enjoy this mindset this can be a best career option for you.
Below this we have mentioned high paying career options in finance and their salaries. Most jobs will sound the same and mostly have the same work roles.
What is Finance?
Finance is a term for matters regarding the management, creation, and study of money and investments. It also includes management of money and includes activities such as investing, borrowing, lending, budgeting, saving, and forecasting.
What can you do with the knowledge of finance?
Investing personal money in stocks, bonds, or guaranteed investment certificates.
Lending money to people by providing them a mortgage to buy a house with charging interest.
Borrowing money from institutional investors by issuing bonds on behalf of a public company.
Financial modelling using excel spreadsheets
There are various job roles offered for a person having a degree in finance field which includes:
A person with a degree in finance has a wide range of career opportunities across various industries. Some common job roles include:
1. Financial Analyst: Analysing financial data, preparing reports, and making recommendations to help businesses make informed decisions about investments, budgets, and financial strategies. The Average salary of a financial analyst in the USA is around $95000/ annum, making it a good career.
2. Investment Banker: Facilitating mergers and acquisitions, underwriting securities offerings, providing financial advisory services, and managing investment portfolios for clients. The Average salary of a financial analyst in the USA is around $82000/ annum, with an additional bonus for good work and potential career to have high salary with experience in the market as you have seen it in “The Wolf Of Wall Street” making it a good career.
3. Financial Planner/Advisor: Assisting individuals and families with financial goal setting, retirement planning, investment strategies, tax planning, and risk management .The Average salary of a financial analyst in the USA is around $73000/ annum, with an additional bonus for good work.
4. Corporate Treasurer: Managing a company's cash flow, liquidity, and financial risks, as well as overseeing banking relationships, capital structure, and debt financing activities. The Average salary of a financial analyst in the USA is around $87000/ annum,
5. Risk Analyst/Manager: Identifying, assessing, and mitigating financial risks such as market risk, credit risk, and operational risk, and developing risk management strategies to protect organizations from potential losses. The Average salary of a financial analyst in the USA is around $95000/ annum, with an additional bonus for good work.
6. Portfolio Manager: Managing investment portfolios on behalf of individuals, institutions, or mutual funds, making decisions about asset allocation, security selection, and portfolio rebalancing to optimize returns and manage risk. The Average salary of a financial analyst in the USA is around $65000/ annum, with an additional bonus for good work
7. Financial Controller: Overseeing the accounting and financial reporting functions of an organization, ensuring compliance with regulatory requirements, and providing financial analysis and guidance to senior management. The Average salary of a financial analyst in the USA is around $90000/ annum, with an additional bonus for good work.
8. Auditor: Reviewing and evaluating financial statements, internal controls, and accounting procedures to ensure accuracy and compliance with applicable laws and regulations, either within a company or as an external auditor for public accounting firms. The Average salary of a financial analyst in the USA is around $52000/ annum, with an additional bonus for good work
9. Credit Analyst/Manager: Assessing the creditworthiness of individuals or businesses applying for loans or credit lines, analyzing financial statements and credit reports, and making recommendations regarding credit approvals and terms. The Average salary of a financial analyst in the USA is around $55000/ annum, with an additional bonus for good work
10. Financial Consultant: Providing specialized financial advice and expertise in areas such as tax planning, estate planning, insurance, and wealth management, often working independently or as part of a financial advisory firm. The Average salary of a financial analyst in the USA is around $92000/ annum, with an additional bonus for good work
These are just a few examples, and there are many other career paths available to individuals with a degree in finance, depending on their interests, skills, and career goals. Additionally, finance professionals may pursue certifications such as Chartered Financial Analyst (CFA), Certified Financial Planner (CFP), or Certified Public Accountant (CPA) to enhance their qualifications and career prospects.