Finance attracts attention from both students and professionals due to its reputation for attractive salaries. Discover the various career options available in this field.
Finance, being interconnected with various sectors, offers a wide range of career opportunities. To identify the career path that best suits you, you need to determine your preferences. However, to make an informed choice, it’s necessary to be aware of all your options. In this article, we present the different careers in finance.
Summary:
Careers in finance:
- Are as numerous as they are varied
- Include areas such as banking, accounting, and insurance
- Are known for being well-compensated
- Are accessible through a wide range of study programs
- Are taught in international business schools such as IUM.
What are the main careers in finance?
Finance is a vast and multidisciplinary sector that encompasses several other fields. Therefore, its careers are numerous and diverse. The main careers in finance primarily involve the following areas:
- Commerce
- Corporate finance
- Banking
- Marketing
- Insurance
- Real estate
- Audit
- Compliance
- Management
What is the purpose of finance?
Finance serves various purposes in different sectors, including banking, insurance, and real estate. Its aim is to manage and grow capital for various purposes, bringing together techniques and principles to optimize a company’s value. Regardless of a company’s activity, it systematically engages in financial transactions to ensure its sustainability.
Why pursue a career in finance?
There are numerous reasons to pursue careers in finance:
- Finance is a dynamic sector with plenty of opportunities for advancement
- It offers specializations in various branches
- Its careers are well-compensated, with some salaries being particularly high
- It is a sector that constantly recruits and offers stable and evolving positions
- It is an essential sector for every business
What are the accounting careers?
Accounting is a field closely related to finance and relies on it to function properly. Its careers are naturally linked to those in finance and include the following:
- Chief Accountant
- Management Controller
- Internal and/or External Auditor
- SME Manager
- Head of Accounting Department
- Credit Manager
What are the banking careers?
Banking is also a sector that frequently involves finance in all its operations. Careers in this sector include:
- Broker
- Credit Analyst
- Financial Analyst
- Economic Research Analyst
- Mergers and Acquisitions Advisor
- Wealth Manager
- Back and Middle Office Operator
- Market Operator or Trader
- Chief Financial Officer
Like all careers in finance and related fields, those in banking are progressive. You may start with a position with less responsibility and move on to one that is more important and better compensated. Typically, you start as an assistant, gain confidence, move on to supervisory positions, then managerial roles, and finally leadership positions.
What are the insurance careers?
The insurance industry is closely linked to finance. Professions related to insurance include careers such as:
- Insurance Broker
- Insurance Advisor
- Claims Adjuster
- Insurance Agent
- Marketing Research Analyst
- Actuary
- Customer Service Representative
- Inspection Auditor
Insurance also encompasses other specific disciplines such as real estate or housing. For each of these, there are specific careers such as automobile expert or fire risks expert.
What training to follow at IUM to prepare for careers in finance?
Are you eager to acquire the necessary skills to pursue careers in finance? IUM offers you this opportunity with our MSc Finance program accessible with, at least, a bachelor’s degree. Our international business school has designed this program to enable you to master various aspects of finance.
We also offer you the opportunity to specialize in a particular area among the following:
To learn more about this program, visit our website and the FAQ section.