Best Paying Careers - Finance Major Careers

What happens after graduating as finance major? Whether you came from a prestigious university or an established college, you have to sort things out for your future. The first thing to do is to find a job. This assertion will surely leave you asking about the jobs, a major in finance, can apply for and work at.

Commercial Banking

Among other industries, commercial banking provides the most number of jobs to finance majors. There is a broad range of opportunities. You can start from being a teller to handling international finance and trade credit. Therefore, many hopefuls would like to enter commercial banking for the many options that they can work at. With this, experience will give them more skills and knowledge of their field. More so, there is also customer interaction that makes this career excellent.

Investment Banking

Another industry that many finance majors desire to enter is investment banking. These are one of those prestigious works and challenging jobs that you would certainly want. The job generally covers facilitating corporate securities and making it available to investors such as corporate leaders and private individuals. In this field, you will be able to explore your ideas and expand your knowledge on stocks, bonds, mergers, acquisitions and other trades.

Corporate Finance

In this field, finance majors grow from zero to 6 figure savings. But it is not only the high salaries that make corporate finance a go-to field for finance majors. The job is exciting as you will be working on the corporate or company capital. The words that you will encounter, almost each day, are profits and losses. You will be creating financial reports and strategies to keep up the operations of an enterprise.

Financial Planning

As a financial planner, you will be working on the management of an individual’s assets or finances. Considering the individual’s financial goals, you will be creating plans such as financial strategies that will help your client get this done. You’re entitled on assisting his savings and investments. Moreover, you will also handle his tax and estate plans. The fee of a financial planner varies depending on his client. It can be a group, individual or a firm.

Insurance

Finance careers are also available in the insurance industry. Most of the time, you will work for a large insurance company. With this, you’ll be confronted with a wide range of opportunities as well. You can start as a sales representative or a customer service representative and progress thereafter.

Hedge Funds

There are also a number of careers that wait for finance majors in the hedge funds field. You can work as a marketing manager, financial analyst, quantitative analyst, trader, portfolio manager and more.

Private Equity

Joining the private equity industry is likely to challenging you continually. In here, you are responsible for finding ways to provide businesses with more capital for the purpose of expanding or adding operations. You can work as an interim executive. For instance, you’ll be helping a struggling company change its fate and continue doing business.

A major in finance opens doors to a plethora of opportunities and great scope for growth. The careers related to this field of study are not just lucrative, they are also satisfying and fulfilling.

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Written by: life jr

Life Health | Information, Updated at: 6:00 AM

Understanding Degrees: A Path to a Successful Career

A degree or an academic rank is a certification, usually awarded in recognition of its recipient having suitably completed the prescribed course. After completing high school (or senior secondary school in some countries) if someone opts to study further, he has to enroll himself/herself in one such degree course with a college. The commonly awarded degree types across the globe today are: Bachelor’s degree, Master’s degree, Associate degree and Doctoral degree.

Some universities also offer several research programmes, which then lead to the obtainment of a Master’s degree in Advanced Studies. Degree is offered in many fields, viz., Science, Arts, Commerce, Literature, Technology, Mathematics, Healthcare, Medicine, and many more.One can choose according to his choice and interests. Read on to know more about the best graduate degrees and the best masters degrees to choose from.

Degree Abbreviations:
These degree types are abbreviated so as to make salutation easy; be it face to face, in book references or on Business Cards. The Bachelor’s degree can be written by putting a ‘B’ in the start, followed by the stream of the course. For example, B.A. refers to Bachelor of Arts and B.Tech refers to Bachelor of Technology. The same nomenclature goes for Masters Degree abbreviation, where an ‘M’ is put in the start of the term.

The abbreviation for Associate degree goes like this: AAA for Associate of Applied Arts, ADLM for Associate Degree of Learning Management, etc. The Doctoral degrees are termed by putting a ‘D’ either in the start in some cases, or in the end in some other. Examples are Ph. D., which is Doctor of Philosophy and D.N.P., which is Doctor of Nursing Practice.

Understanding Degrees:
To start with the college life, one has to enroll for an Undergraduate degree. Now what is an Undergraduate Degree? An undergraduate degree, or simply a degree is an informal term given to an academic degree course taken by a student after completing undergraduate courses. An undergraduate degree is offered by institutions of higher education, like a University. The commonest type of undergraduate degree offered across the world is a Bachelor’s degree, which usually takes three or four years of time for completion.

Fields like Arts, Commerce, Science, Literature and Medicine take three years of devotion, whereas Engineering, Technology and Healthcare demand four or more years of time. If chosen as per your choice and interest, being at a degree college can be fun as well as knowledgeable. Also, with the globalization effect, students don’t find it impossible anymore to enroll into their field of curiosity. Recent years have marked the trend of students joining foreign universities to study their favorite stream.

After you successfully complete your undergraduate degree course, you can enroll in a Masters’ degree course for further studies. A Masters’ degree is more like ‘specialization in the desired field’. As for instance, a Science graduate can opt for an MS Degree, which is the abbreviation for Masters of Science. Also, a Bachelor of Technology in Electrical Engineering can opt for a Masters’ field related to Electrical Engineering, which makes him a specialized personnel in his field.

So research well for the best Bachelors’ or Masters’ degree and choose wisely. A right choice can take your career to heights.

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Written by: life jr

Life Health | Information, Updated at: 3:32 PM

Way to the Finance PhD Program in a Reputed Institution

Career aspirants in Finance PhD Program need to consider the fact that there will be enough competition among the candidates to gain the seats as there is a great rush in the top notch institutions. The strategies are to be initiated during the graduate program itself. There are several reasons for this. The research level programs in Finance involve extensive knowledge of Microeconomics, Statistics and much more. Students will find a lot of topics that require them to recall their lessons at the finance graduate program in subjects like Econometrics, statistics and math.

There are not much of the studies involved throughout the duration but the major fact is that program attendees will be leveraging their efforts to innovate newer ideas on the wing they have selected. This requires an elaborate study and excellence in areas of studies covered during the entire duration of attending the Finance School Programs.

Significance of the Finance Graduate Program

The parents of the Finance school attendees are blessed with an important role of sorting out the best graduate schools for their children. This is important because the basic course learning begins during the graduate school programs where the students develop the different essential concept in the areas of Corporate Finance, Real Estate Finance, Energy Finance, Private Equity Finance, Portfolio management and many other topics.

However students with a brilliant career record in Statistics are highly preferred by the finance professors. Some of the vital areas of interests that the evaluation team expects from the application are monetary policies, macro economics, theoretical asset pricing etc.

GMAT Scores

During this level itself the students need to start their early preparations for the GMAT entrances as well. The leading universities offering the course programs for the PhD honorary degree will consider a candidate only if he fulfills at least the basic criteria of the GMAT score of at least 700. However the more you score the better are the chances as students are really doing their best to achieve the highest possible scores as sometimes a student with a score of 700 may not pass the final selection test. The evaluation process is kept confidential and depends on the decision taken by the evaluation committee.

Selecting the Institution for Pursuing the Finance PhD Program

There has always been an argument among the careerists as to the level of extent to which the students should consider the importance of the business school rankings. Yes to a great extent the rankings do matter as the students enrolling at the leading B schools get a life time opportunity to interact with the best finance professionals and explore several new dimensions of their area of research.

Another aspect that has often taken intense discussion and argumentation is the significance of taking admission in an international B School. The international B schools are generally filled with careerists with years of experience in the field of Finance making their way to research and development programs. Interaction between the students from various nations paves the path for learning the different types of practices in the financial management of corporate sector and various other issues. These methodologies will help in the comprehensive learning of the students.

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Written by: life jr

Life Health | Information, Updated at: 9:47 AM

Careers in Finance - A Lucrative Proposition

There is a wide spectrum of career and professional opportunities in the financial sector. Financial institutions along with banks, insurance and mutual fund companies are the key players in this segment. The unpredictable and dynamic financial market offers an unmatched social status as well. Financial literacy has become a new way of life. Professionals in this field have a very high potential for growth. Private Banks offer financial advice to their clients for their wealth management. This includes providing information about stock market, best investment options and other benefits, so that the clients can gain from their investments.

Careers in financial planning and wealth management are very promising. A good financial planner will need to have a thorough understanding of how things work in investment, taxes, and estate planning sectors and should be an avid listener. This profession is expected to grow substantially in next decade. This work can be done independently and also as an employee of a company. Financial planning sector is booming and offers a variety of career options. Collage degree is very important in this profession. You should have at least a bachelor’s degree in a business related area.

Most people want easy explanation for the so called fine prints, and they look for professionals who can offer better understanding about finance. There are various careers choices in the field of finance. Money managers can help others by providing investment advice, usually known as portfolio managers.

Commercial Banking is one of the major career options in finance; in which bank provide services to individuals, small and large businesses. Jobs in banking offer excellent opportunity to learn about business and interact with people and build clientele.

Corporate finance is another major career option such as accounting, consulting, auditing, analysts and even crisis management are also part of the job market. Accounting jobs are plentiful even in a weak economy, because taxes, audits and bookkeeping will always need to be done. An accountant is a perfect person to become a CFO, because he or she is probably has the best understanding of what drives business and profits in the company.

Consulting is to help client obtain information and advice on their businesses for permanent and lasting solutions to their problems. Consultants think, analyze, brainstorm and challenge good organizations to become even better by adopting new ideas.

Entrepreneur is the ultimate career because you are putting a new idea to work in a competitive society. There are many industries where wealth creation is possible be it the Internet and IT, personal service and media etc.

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Written by: life jr

Life Health | Information, Updated at: 7:48 AM