4 Interesting Career Paths in Finance You Should Consider

4 Interesting Career Paths in Finance You Should Consider

If you enjoy working with numbers, are well organized, and have a knack for data analysis and the business world, you may enjoy a career in finance. Financial services are foundational to any organization, making people who work in finance indispensable to their companies and often well paid.

Additionally, you may have the opportunity to work in a variety of different industries, allowing you to expand your skillset and try new things until you find the sector you enjoy the most. Finance majors have countless career options, but here are just a few that stand out that you may want to consider.

1. Financial Analyst

If you enjoy working with large amounts of data and poring over financial records to draw meaningful conclusions, you may enjoy working as a financial analyst. These professionals are responsible for using financial data to help companies of all kinds mitigate potential risks and increase profitability.

Daily tasks could include evaluating internal operations, creating financial models, examining spending and documents like balance sheets or income statements, proposing ideas to increase efficiency, and more. While bachelors can help you land an entry-level position, to rise up the ladder more quickly, you may need to complete further education like this program or even additional on-site training. The more experience you have under your belt, the quicker you can make it to a senior financial analyst.

2. Financial Auditor

If you’re interested in the intersection of finance and accounting, becoming a financial auditor could be the best of both worlds. While there are some key differences between an accounting vs finance degree, they can both help prepare you for a career in auditing. Financial auditors help make sure that financial reports do not contain mistakes and comply with generally accepted accounting principles.

3. Investment Banker

If you have an interest in avenues like wealth management, venture capital, or private equity, you may want to start your career off by pursuing a job as an investment banker. Investment bankers liaise between investors and businesses looking for investments, helping to coordinate financing, advise companies on mergers and acquisitions, and avoid conflicts of interest, among other duties. This career doesn’t always require a finance degree, but having one can help set you apart from the competition.

4. Mutual Fund Analyst

Finally, if you have strong data analytics skills and an interest in specific industries or markets, you could potentially find success as a mutual fund analyst. Mutual fund analysts help brokers decide whether to buy, sell, or hold securities. In this position, you’ll be spending a lot of time researching stocks, bonds, and a variety of other assets to make informed investing decisions.

Financial services are the bedrock of smooth business operations regardless of the specific industry, giving finance majors boundless career opportunities in a wide array of different fields. If you’re interested in pursuing a career in finance but aren’t sure where to start looking, keep these top options on your shortlist. One of them could just be the perfect career path for you.