Andrew H. Nance
LEADING A CAREER IN FINANCE
Professor John Karaffa
Principles of Finance
Degree in finance calls for a certain aptitude. It requires relatively high mathematical abilities paired with adequate business administration knowledge and skills. A financial manager is expected to rigorously study contemporary and modern economic theories and be prepared to apply them in real world scenarios to be able to make monetary business decisions.
It is his job to prepare and study all financial records and information related to a corporates functioning and present sound analysis. In a way, a finance manager works as an interpreter for the bulk of jumbled numbers in thick record files.
Leading a Career in Finance
It is important to realize, accounting and finance are not similar domains. Although accounting majors can handle some finance jobs, they are left back handed in the broad scope of finance managers. A finance degree focusses more towards risk management, business analysis, forecasting and puts the candidate better suited for high level managerial roles.
Due to the unique set of aptitude and skills the field if finance instills in (and demands off) a person, demand for it is skyrocketing. By 2020 it is expected to grow by 23% as opposed to only 16% projected growth in accounting. Finance keeps a higher ground in compensations as well with average salary of $74,350 (finance) against $61,690 (accounting).
With the Jobs portfolio exploding. The career opportunities for a finance major are wide as a rainbow. You can explore the world of investments and brokerage firms or experience corporate and international financial management. Every company hires a person with finance skills.
The staple of finance job categories are: corporate finance, investment banking, money managers, financial planners.
The staple of finance job positions are: Corporate finance manager, investment banker, broker,...