Wondering what to go for as a career? If you like numbers why not know ten high paying jobs in finance; where money would literally mean your life?
This world is run by great financiers and economists. Our universe is built on it (figuratively of course). The second when the market crashed, our world fell apart. That very second, when we realized that we have no jobs, no money literally nothing – whom did we call? Whom did we blame?
The billionaires of this world are none other than great big business and finance gurus. They live – breathe and sustain in the world of money. They are the ones that give advice to the entire world how to spend their hard earned income.
If you think it is money that you want and numbers that you love – Being in the finance industry is something you should definitely look at.
Ten High Paying Jobs In Finance
According to Forbes these are the top global finance jobs:
- Management Analysts
- Financial Analysts
- Financial Examiners
- Logisticians
- Budget Analysts
- Personal Financial Advisers
- Accountants, Auditors
- Insurance Underwriters.
- Purchasing Managers
- Market Research Analysts
What should you do to become a good financier?
- Education: To get into any form of finance jobs you need to have a strong base in commerce and math’s. It its best if you have studied commerce in your 12th, but even if you haven’t but still have math’s as one of your subjects – you can still pursue this as a career. It is not that math is mandatory, but it is strongly advised that students who are good with numbers and also in love with numbers should pursue this as a career. Your entire life would be surrounded by numbers and if you do not like that, you wouldn't like this job either.
- Internships: While you are pursuing your bachelors degree it is advisable to get a good deal of internships. So that you can get a brief understand of how the business works.
- Understanding Sales: A good financier is a great salesman. To make someone trust you with their money – is a huge accomplishment. To be able to sell your services and build trust are the two main aspects of a good financier.
- Licensing/Certification: To become a professional finance guru you would need to have either a CFA or a CFP. CFA is Chartered Financial Analyst. For this you would need 4 years of work experience (A combination of education and work experience is acceptable) and you also have individual examination. CFP is a Certified Financial Planner. People who hold credible qualifications like PhD, Attorneys and CPA, CA etc can apply for this license.
- Be prepared: If you are a lazy person, you cannot be a financier. The main job description of a financier is to be able to be on your toes. Keep a continuous eye on the market and predict exactly what is going to happen, before it happens. You have to be on your toes throughout. You have realized that you are in charge with the monetary aspect of any company or an individual. This is a huge responsibility; the smallest to the smallest mistake can cause blunders.
What degrees should you pursue for a job in finance?
- B.Com/B.B.A. (Finance): A B.Com or a BBA gives you the basis of accountancy, statistics, economics and other finance related subjects. Getting this degree would allow you to get a entry level job at a reputed finance firm. Then slowly you could climb up the ladder and get to know your forte.
- M.Com and/or M.B.A. (Finance): Studying MBA in finance is something every single prospective financier should do more than an M.Com. You could pursue M.Com, but having an MBA gives you a sure shot way to great position.
3.Chartered Accountancy: If you want to become a professional accountant –This qualification helps you to get into big accounting firms. They deal with income taxes etc. of other companies and individuals. You could also pursue CA along with your Bachelors degree.
Being a financier not only gives you the best perks in the industry, but it also allows you live the most luxurious and comfortable life possible. If you are an honest and trustworthy person – companies would thrive in your hands and that would also benefit you as a financial expert. As a student you need to be 100% sure – whether or not you are up for this. Because this is a long game and a lot of hard work; you will not be able to find an easy way out. So if you are doubly sure then I suggest you should start preparing for it from now.
Author Bio: Trisha is a professional writer and adviser on education and career. She is an ardent reader, a traveler and a passionate photographer. She wants to explore the world and write about whatever comes across her way.
Sources: Forbes