The finance industry is one of the most dynamic industry with constant innovations and growth. The introduction of new markets, technological advancements, business friendly laws and regulations have paved the way for the industry to progress in an exciting direction. With the ongoing expansion of companies in new areas over large geographies, the demand for finance professionals is increasing. Constant growth opportunities that the finance industry provides illustrates why finance is an attractive career option.
These are some of the points that will help you understand why finance as a career is suitable for you:
Here are some of the advantages offered by a career in finance:
Varied career paths
There are large number of career opportunities in finance. A finance degree can get you jobs in Corporate management, Investment services, Insurance companies, Brokerage firms, Commercial and Investment firms, Credit unions, Private banks, Financial planning services, international financial management, tax planning and many other areas of top financial services companies.
Some common job functions include:
Growing range of financial products and advent of technologies such as fintech, artificial intelligence ad machine learning will require new skills and provide opportunities for many new job prospects. These advancements indicate why finance is an attractive industry for people desiring challenging and consistently evolving job functions.
Some new age finance roles include:
A finance job always keeps you on your toes to consistently expand your knowledge and reach heights in the career. Professionals in financial sector often continue advancing their education through various certifications such as CFA, FRM, NSE certifications, etc., which helps them grow their position in the organization and opens a variety of opportunities. Financial sector is driven by technology and this gives opportunities to innovate and progress. Financial firms put more emphasis on accomplishments than seniority. Opportunities for faster career growth indicates why finance is preferred by young professionals.
Finance professionals are needed globally. There are multiple options all over the world that one can choose from and pursue for a broader experience. Financial sector provides best prospects to work in international markets with a broad range of clients across geographies and industries. With the technological advancements, the global financial industry is now more integrated than ever and has made working overseas more flexible as compared to several years ago.
Financially rewarding career
The compensation structures in financial services industry are much higher than in other sectors. This is one of the reasons why finance is preferred by candidates aspiring a financially stable career. Moreover, job security is a major perk of being a finance professional. It also gives freedom to move from one position to another since diverse career options are offered by every finance certification.
Working in the financial services industry continues to be intellectually stimulating and professionals enjoy being challenged in a dynamic environment that their job offers. Problem solving skill is required for almost every finance job. It takes high levels of educational qualifications, brains, and hard work to thrive in the industry as a successful finance professional.