Getting a degree can be an exhilarating experience, but it can be equally intimidating. It is the point where life, as you know it, transforms into well-defined intangible structures, and you have to modify the ways you lead it. You have to hunt down a secure career and grow on it to enjoy its fruits to fit this new mold. However, it’s impossible to do that if you don’t know what options you have on the table against your degree.
Being oblivious to the possibilities for people with a degree is a common problem, especially after getting one in finance. Despite being one of the most popular degree programs, it isn’t rare to hear this complaint. Perhaps because of the diversity of capacities that it offers. Or maybe because they chose it as a last resort. In any case, this can turn into a tremendous career deadlock, so you need to work on changing that.
Finance is a reasonably rich field and offers excellent prospects to those serious about their futures. You can choose to join a position from several levels and varying pay scales and plan for your growth accordingly. Besides that, you can even decide the role that you play while serving in any establishment that suits your personality. That highlights the flexibility and rewards for people functioning in the finance department of any company.
So the question remains that what can you do with a finance degree? Well, here are some jobs and careers to pursue with it to help you get started on considering the possibilities.
1. FINANCIAL PLANNER
As a financial planner, you can expect to work with clients willing to make investments to secure their future. You will have to work with numbers and analyze market situations to offer adequate advice to them and help them make sensible decisions with their money. Be sure to have excellent communication if this is the option that you choose. You will need to convince people to trust your findings and act on them for you to become a successful planner.
2. FINANCIAL ANALYST
Financial analysts are responsible for examining the situation of accounts and finances of their clients and make recommendations about revising or restructuring them. It is a crucial role, as you will be in a position of authority and can damage the state of finances if you act recklessly. Only choose this path if you are looking for some thrill at your workplace.
If mathematics is your strong suit, you will fit well into the shoes of an actuary. Fulfilling your duties would require you to conduct an extensive risk analysis and effectively communicate that information to save the company from any significant losses. Part of your job would also involve developing and modifying software that can manipulate numbers and calculate outcomes from the fed data.
4. INVESTOR RELATION ASSOCIATES
You will be serving as the face of the company if you choose to act as the investor relations associate. Your job would involve presenting the finances and data of your company to potential investors and media in a presentable manner. You need to use the elements of your organization to your advantage and foster adequate skills to capitalize on opportunities. The primary abilities that you can start working on are your writing, communication, and organizational talents.
5. BUDGET ANALYST
A budget analyst examines the state of investments and expenditure and devises more efficient plans to save money where possible. They research the effectiveness of existing expenses and review newly proposed ventures for the company. Since this job involves making proposals based on strengths and weaknesses, they also need to be on good terms with other teams working them.
6. CREDIT ANALYST
The job of a credit analyst requires them to study the state of finances of any company or business and determine if they are eligible for getting any loans. You will be interpreting data related to companies and evaluating the market for them to generate the necessary funding to repay their debts. That helps them decide the loan amount, the repayment plans, and interest rates for approving any application.
7. FINANCE LAWYER & ATTORNEY
Becoming a finance lawyer can open doors to unprecedented opportunities for you. You can afford a comfortable living and handsome income, thanks to their growing demand. You will be working with large scale finance companies and dealing with cases related to settlements and arrangements. Besides that, having sufficient knowledge related to finances can help you with problems of any nature that involve the distribution of assets, like divorce or dissolving businesses.
8. BUSINESS TEACHER
You can always use your education to educate others. After completing a finance degree, it won’t be a challenge for you to become a business teacher if you have extraordinary communication skills and lots of patience. You can teach your students on subjects related to accounting, finances, business management, and administration, and save them from being ill-informed on the subject.
These are some jobs with a decent pay scale that you qualify for with a degree in finance. Try to be more open if you still have concerns about your future, or you are confused about your choices. Discuss it with your counselors and start planning for it today to ensure that the road ahead of you is smooth.