Finance is a sought-after sector by many students due to its reputation for offering excellent salaries. However, some finance jobs offer higher salaries than others. Discover these careers and find your path.
The finance sector is highly favored by students and young adults not only for the prestige its jobs bring but also for its salaries. The most ambitious naturally aim for the highest-paying positions in this sector, but other progressive roles are equally enticing. In this article, find out which jobs pay the best in finance.
Summary:
Finance jobs:
- Offer more attractive remuneration than other professional fields
- Are diverse and can encompass several related branches
- Are generally linked to the banking and insurance sectors
- Can be accessed with a bachelor’s degree but ideally with a master’s degree
- Are taught in international business schools such as IUM
What are the highest-paying jobs in finance?
The highest-paying jobs in finance involve either significant responsibilities, technical expertise, frequent interventions, or a heavy workload. Some positions in the financial sector encompass these criteria and naturally offer higher salaries. As an indication, the following positions are renowned for offering particularly high remuneration:
- Chief Financial Officer
- Internal and External Audit Manager
- Market Operator or Trader
- Financial Controller
- Tax Consultant
Some of the highest-paying jobs in finance require professional advancement due to the experience needed to perform them. By choosing to train in these roles, you may initially occupy a less well-paid position. However, you have the opportunity to gain experience and progress to higher-paying roles.
Why consider a career in finance?
Finance is a particularly ideal sector for considering a professional career, and there are numerous reasons for this. Among the most important are the following:
- It is a dynamic sector that allows you to learn in multiple areas simultaneously
- Related professions offer various career advancement opportunities
- Salaries are generally decent, even very comfortable for some roles
- It is a field that can only enhance your skills
- Finance jobs are generally stable
Which career to choose to work in finance?
What’s particularly interesting in finance is that you can pursue careers in various closely related branches. Depending on your preferences and area of expertise, you can choose to work in:
- Finance itself
- Accounting
- Risk control and management
- Consulting and auditing
- Management
- Leadership
Your choice will primarily depend on your professional ambitions but also on your skills when applying for a position. The more experience you gain, the more areas you can work in. For example, to become a Chief Financial Officer, you must be competent in finance, accounting, administration, and management.
Finance, banking, insurance… What are the differences between these fields and which one to choose?
Banking and insurance are among the fields most closely related to finance. These different sectors share several common aspects, making their distinction sometimes difficult.
Banking’s mission is to assist clients’ financial management by conducting various financial operations. Insurance protects individuals or entities from the various risks associated with financial transactions.
In both sectors, finance is an integral part of the core activities by creating wealth and enabling economic development.
How to get trained in finance at IUM?
Are you interested in accessing finance jobs and training in the field? IUM gives you the opportunity. Join our international business school and opt for our MSc Finance after your Bachelor’s degree. This program is accessible with at least a bachelor’s degree plus three years and allows you to obtain a master’s degree.
Depending on your preferences, we offer the following specializations:
To learn more about this program, visit our website and the FAQ section.