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