Most 고소득알바 financial-industry careers–including budget analyst, cost estimater, finance analyst, managerial analyst, and personal finance consultant–require a Bachelors degree in a related field of finance. Most personal financial advisers hold bachelors degrees or higher in finance, accounting, or a related field. Becoming a financial auditor typically requires a bachelors degree or higher in accounting or finance.
Most people who majored in finance go on to work in fields including commercial banking, financial planning, investment banking, cash management, insurance, and real estate. Some typical fields of work in finance include as an actuary (insurance), in corporate or real estate finance, financial planning, investment banking, and money management. These include Investment/Money Management, Investment Banking/Corporate Finance, Financial Operations, and Internal Finance.
Financial managers work in a variety of areas and industries, including investment firms, banks, and insurance companies. You are likely to work at larger financial institutions, including investment firms and banks, in New York and other financial centers, but you may also find yourself working as a corporate financial analyst in other industries. An actuary may be hired by many types of businesses as an advisor, but this role is most prevalent at insurance companies, investment firms, major corporations, and any group managing large amounts of financial risk.
Corporate accountants manage various financial processes in order to ensure that a business or organization is running smoothly. Internal auditors and auditor managers determine financial and corporate risks and evaluate compliance with government regulations. These professionals examine and analyze financial information from sources like credit reporting services, credit bureaus, and banking subsidiaries to evaluate loan applications for viability and to approve or reject loan applications.
Accounting managers analyze and report financial information, assist in tax preparation, and prepare financial statements for presentation to a firms board of directors. Corporate controllers serve as financial managers, making decisions regarding a corporations financial and accounting procedures, including accounts payable, accounts receivable, payroll processing, and budgeting. Finance administrators ensure that financial documents and transactions are completed and accurate, establish budget plans, streamline expenses and investments, and manage cash flows (accounts receivable/accounts payable).
A public accountant works with both individual clients and corporations to keep track of their financial transactions, audit their records, and prepare income tax returns. Private accountants audit and update the financial records of their clients to ensure that they are following the law and using their money wisely.
Treasury analysts oversee and manage the transactions, accounts, and investments of their employers with financial institutions in order to balance risks against benefits. Financial advisers track clients investments and finances, and may offer guidance in the areas of insurance, mortgages, saving for college, estate planning, taxes, and retirement. They specialize in investing, but they also may counsel clients on insurance, real estate, savings, college tuition, retirement, and more.
Investment management firms really do their part, pooling together and investing clients money — taking into account the amount of risk clients are willing to accept, as well as their own financial goals.
Similar to the finance manager focusing on investing, portfolio managers work with clients to identify appropriate investment opportunities and to keep their investment portfolios profitable. Working for private, unregulated investment funds provides a wide variety of possible jobs, from financial traders, analysts, compliance officers, to portfolio managers.
Like hedge fund managers, managers at private equity firms are among the highest paid individuals in finance. Finance managers usually have masters degrees and around five years experience in a finance field, such as financial analysis, investment banking, or consulting. To be an investment bank analyst, the most common entry-level role, one typically needs not just a bachelors degree in finance, economics, or another quantitative-oriented or business-oriented field, but also a Masters or MBA in finance, as well as internships, with some firms hiring only from the best schools.
Some people can be an investment banker or a financial planner, and others can opt for analyst and manager positions. Most financial analysts can be involved with buy-side or sell-side investing, or may be focused more on research or business media jobs. An investment analyst typically has a bachelors degree in finance, and is highly trained in statistics, data analysis, and market research.
A credit analyst may work at a bank, asset management firm, stock brokerage, or another financial institution. Their job typically involves meeting with clients and spending time in an office researching, creating financial reports, or managing clients investments. Day-to-day duties mostly involve data analysis and creating financial reports for clients to view regarding investment recommendations.
Finance managers are responsible for overall financial health of the company or firm, and they assist in monitoring and developing budgets, producing financial reports, and monitoring investments. The field of accounting deals with more granular financial transactions occurring daily, whereas finance is focused on broader investment management over time. Finance can roughly be divided between accountancy, investment management, banking, insurance, and actuarial work, but there is a broad array of jobs in each of accountancy fields for both high school graduates and postgraduates.
Given the responsibility that comes with being the head of a bank, a finance manager must have a fair amount of skill in accounting, analysis, budgeting, and modelling finances, and also have a good grasp of the business. In addition to being subject matter experts on financial products and services such as loans, loan facilities, deposit accounts, and investment instruments, competent Bank managers are aware of the policies and standards that regulate banking and finance at the local, federal, and international levels.