Career Options for Finance Major Professionals in 2020

Career Options for Finance Major Professionals in 2020.

Career Options: If you are intrigued by the financial markets, stocks, bonds, and several other investment vehicles, and you also like to think about numbers, then a finance major is worth considering. Then you are to read this article to learn about some of the top jobs for college graduates with a finance degree.

Careers in finance are often a popular choice in that they can offer a high paying position shortly after completing your degree. The different opportunities for working within the finance field are vast, with a of specialties to choose from. Depending on your level of education and specific interests, there is a finance career for you.

1. Investment Banking

Investment Banking Average Salary: $96,543

Investment banking is a high-intensity field that involves selling and trading corporate securities, as well as provides insightful advice to corporations and individuals. The responsibilities of an banker may also include trading stocks and bonds on the stock market.

2. Commercial Banking

Commercial Banking Average Salary: $92,983

A career in commercial banking provides a variety of financial services such as savings accounts, checking accounts, and multiple loan options. There is a lot of room for growth within commercial banking as many begin their careers as bank tellers and move up to become branch managers.

3. Insurance Agent

Insurance Agent Average Salary: $37,667

Working within the insurance field allows you to explore many different aspects of finance within one occupation. You can work as an insurance sales representative, a customer service or you can work to calculate risks and probabilities of financial trends to help your clients with their financial objectives.

4. Financial Planner

Financial Planner Average Salary: $61,830

A financial planner works with clients to create plans that ensure an individual’s current and future finances are in order. They discuss strategies for investing and savings to reach a client’s goal. Typically, financial planners work within a local or national firm and should look into obtaining the (CFP) certification.

5. Hedge Fund Manager

Hedge Fund Manager Average Salary: $70,000

Unregulated private investment funds are typically described as hedge funds. Working with the type of investment provides an array of possible jobs ranging from financial traders, analysts, compliance officers, and portfolio managers.

6. Public Accounting

Public Accounting Average Salary: $63,907

Another diverse career within the finance world is public accounting. A public accountant works with both individual clients and corporations to maintain their financial transactions, audit their records, and prepare income tax returns. Typically, a public accountant may work in small or large firms depending on their clientele.

7. Chief Financial Officer

Chief Financial Officer Average Salary: $128,468

A chief financial officer () is responsible for tracking profits and deficits of a company, then developing a strategy to maintain successful financially. One key aspect of a chief financial officer is their managerial skills and often oversees a team of employees.

8. Real Estate Agent

Real Estate Agent Average Salary: $59,180

Commercial and residential real estate financial careers work with clients to plan out the best strategy to fund the purchase of a family home, office location, or shopping center. Some potential job paths for financial real estate include mortgage brokers, mortgage companies, and life professionals.

9. Venture Capitalist

Venture Capitalist Average Salary: $92,406

A career in venture capital explores the expansion of financial opportunities for small or start-up companies. As a venture capitalist, you will determine if your firm will invest in these types of companies in hopes that their stock will become publically traded on the stock market.

Finally, doing something to break off from the pack, such as earning a financial credential like the or taking advantage of a diversity program, can increase your chances of landing that first job.

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StudentsandScholarship Team.