Careers In Finance

Nature Of Work of Finance Professionalsinterface with people from all sections of the society,
A career in finance involves a whole range ofwhich offers opportunities for clientele development.
functions, such as determining the impact of decisionsThe starting point would be as tellers, after which
that are made in nearly all functional areas on thepeople shift to other areas of banking services like
financial front. This includes administering portfolioscredit card banking, trade credit, leasing and
and formulating personal financial plans for investors,international finance.
supervising banking operations, evaluating andCorporate Finance - This would involve employment
suggesting company's capital budgets andin a corporation, generally as a finance officer. The
strengthening bank relationships.main job responsibilities would entail securing financial
Professionals engaged in the finance industry dealresources for developing the business of the
with how individuals and institutions handle theircompany. The money can be utilized to make
financial resources, the methods they use to raiseacquisitions to expand the company and secure its
money, its allocation, and how they use it. They alsofuture.
assess the risks these activities involve, andFinancial Planning Consultancy - You may set up a
recommend various ways of managing them.financial planning consultancy of your own or seek
Occupations in Financeemployment in an existing one. This work involves
The finance sector has a wide range of occupationshelping individuals in planning their finances for their
to choose from. You can become a portfolio orchildren's education, or their retirement needs. It
credit manager, security analyst, opt for therequires answering questions and educating clients
insurance sector, or become a corporate financialabout risk factors, to help them to invest their
officer, financial consultant or lending officer. Belowmoney wisely. Being employed in a corporate setting
are some of the additional roles that you can pursue:is also an option, with a job profile related to future
- Bank Managerfinancial planning. It would require a firm understanding
- Financial Analystof investments, estate and tax planning.
- Accountant And AuditorInvestment Banking - Investment banking pertains to
- Appraiser and Assessor of Real Estatehelping investors in buying, trading and managing
- Budget Analystfinancial assets. This field offers opportunities to
- Claim Adjusterwork in world-renowned investment banks like
- ExaminerSalomon Smith Barney, Goldman Sachs and Merrill
- InvestigatorLynch.
- Cost EstimatorInsurance - The insurance industry has achieved
- Tax Examinerrevenues of over trillion dollars. It is one field that has
- Revenue Agenttremendous scope of absorbing finance professionals.
Job Opportunities in FinanceThe work is mainly about managing risks and
The job opportunities in the financial sector areidentifying problem areas. According to estimates, it
equally vast and varied, a few of which are givenemployed nearly two and a half million people in the
here. All of them offer a highly rewarding andU.S. in the year 2005. One could work as an
satisfying career.underwriter, customer service representative,
Commercial Banking - The commercial banking sectoractuary or an asset manager, in this sector.
employs a greater number of finance professionalsA career in finance can be pursued in a wide variety
than any other area of the financial services industry.of fields. The financial sector offers opportunities that
Jobs in the banking industry have a direct clientare intellectually and financially rewarding.