The financial industry offers many different paths to help you build a rewarding career. Becoming an accountant, a financial analyst, or a securities trader are all in the realm of possibilities. You simply need the right education and perhaps some practical experience to start you on the way to success.
So let’s take a high-level overview of some potential finance careers to see if they pique your interest. Use these insights to understand the education and experience you need to attract employers. Perhaps a rewarding executive position as a CFO lies somewhere in your future?
Becoming an Accountant Lets You Work in Multiple Industries
Accountants have responsibility for reporting and analyzing the finances for their employer. They produce a variety of financial reports, including balance sheets, income statements, company expenses, and more. In many cases, they also help companies prepare their tax returns.
A college degree in accounting or finance is generally a requirement for open accounting positions. If you are interested in a certain business sector, consider focusing your job search on relevant companies. After all, nearly all businesses of a certain size need accountants. The average annual salary for this financial job lies in the $50,000 – $60,000 range.
Securities Traders Enjoy a Lucrative Career
Securities traders buy and sell a variety of financial products, including stocks, bonds, and mutual funds. While some traders work exclusively for a brokerage or an investment manager, others forge their own client list. If you boast an affinity for sales and are self-motivated, the latter offers a better opportunity for earnings.
Working as a trader requires a 4-year degree and a Financial Industry Regulatory Authority (FINRA) license. The latter is necessary to legally make securities trades for other parties. Expect an annual salary around $75,000 when working in this financial role. Obviously, that amount increases when managing your own client list.
A Financial Analyst Appropriate For Entry-Level Finance Professionals
Becoming a financial analyst makes sense if you love math and challenge of forecasting. It also serves well as a job choice for those first entering the financial industry. Strong analytical, math, and communication skills are essential for this position. It tends to be a stressful job, so keep that in mind before embarking on this career path.
A four-year degree is a must. If you hope to advance far in this role, earn a FINRA license, a CFA certification, and an MBA. The median annual salary is around $60,000, but increases as you gain experience.
If you need help building your financial career, speak with the experienced recruiters at Venteon. As one of the top finance staffing agencies in the Midwest, we know the organizations looking for talented professionals. Connect with us soon!