Are you considering a career in finance but have yet to make up your mind entirely? While some people may believe that a financial job is tedious, many exciting jobs are available in the finance industry. Because of the vast number of exciting job opportunities within the career field, there will be a position fit for everyone.
Many Jobs Are Available in Finance
Finance is a vast and growing industry. Many jobs are now available in the finance field, from investment banking and analyzing financial statements to private wealth management. As the world becomes ever more complex, people with the right qualifications must be able to find suitable employment.
According to the U.S. Bureau of Labor Statistics, there were around 500,000 jobs available in the financial industry in the first quarter of 2022. Employment in business and finance-related occupations will grow by 7% between 2021 and 2031. This growth will result in many new jobs over the decade.
Since the finance industry is heavily regulated, there will always be a need for people who are up to date with the ever-changing rules. As many people are increasingly interested in wealth and risk management and acquiring real estate, financial jobs continue to increase. This means that the U.S. job market will always need financial workers.
Many jobs are available in finance that can be quite fulfilling and rewarding. So, what financial services can people with a finance degree work?
- Financial Advisors
- Financial Examiner
- Financial Controller
- Financial Auditor
- Financial Manager
- Financial Planner
- Financial Analyst
- Chief Financial Officer
- Investment Banking Analyst
- Equity Research Analyst
- Credit Analyst
- Budget Analyst
- Treasury Analyst
- Quantitative Analyst
- Economic Analyst
- Insurance Agent
- Real Estate Agent
- Management Consultant
- Portfolio Management
- Hedge Fund Manager
- Wealth Manager
- Wealth Strategist
- Senior Tax Accountant
- Public Accountant
- Investment Banker
- Commercial Banker
- Loan Officer
- Insurance Underwriter
- Data Science/Fintech Engineer
- Securities Trader
- Venture Capitalist
- Tax Associates
- Tax Preparer
With this wide range of opportunities, you can work for an investment bank, accounting firms, governments, and even academia!
Read more about what high and entry-level positions your finance degree can get you and their average salaries here.
If you’re interested in a career path in finance, don’t be afraid to explore options that will fit your long-term goals!
Why Work in Finance
At ProVision pursuing finance planning, wealth strategy, and tax preparation as a career choice is a solid decision. We may be biased, but we have reasons to back it up! Here’s why you should work in finance.
Benefits of Working in Finance
Job Security and Benefits
First and foremost, financial planning and advising is a reasonably safe career choice. If you want to ensure that you have the promise of a career that grows with you over time, this may be an excellent fit.
In addition, many financial careers come with a generous salary, earning, on average, $70,500 annually. This growing job field is frequently paired with comprehensive health benefits and retirement packages. The choice to pursue finance will impact your future well-being.
The financial industry is a field unlike any other. Instead of viewing other financial advisors as competition, most often, individuals in the career field support their colleagues, providing them with helpful information, tips and tricks, and numerous resources. Many finance counsellors make themselves available to mentor those new in the career, and as you grow, you can share your wisdom and skills with others. In this way, you build a professional network and can significantly impact future generations.
When we think of a finance career, we often picture cubicles in bank buildings or tax preparation offices. While this is true for many financial advisors, this career field includes much more. Individuals with experience in finance often go on to be financial advisors or CFOs for large corporations, become auditors, or even gain employment with the government. The possibilities are endless!
Learning and Growing
As a financial advisor, you will improve your flexibility, retain new information, and learn new ways of doing things as the career field changes over the years. Your roles within a company will challenge your thought processes and encourage you to increase your efficiency.
A career in finance is not a lifelong sentence to a desk, crunching numbers and filling out forms. Instead, it is an opportunity to learn and grow and change how companies operate their finances. Expand your mind and affect the future by being involved in a financial career.
Respect and Integrity
Financial advisors are often held in high regard within the career community. It is a job field that is well respected, as it involves integrity and ethics to succeed. Individuals and companies trust you with their private and secure information, and to become worthy of that trust, you must exhibit behaviors that align with the career’s reputation.
Read more about the personal benefits of working in finance in 2023.
There are many reasons to consider a career in finance and many opportunities within the job field. If you are interested and want to see your next steps or our available positions, check ProVision jobs today!