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Finance is one of the most sought-after fields in today's era. One of the main reasons why this industry gets so much attention is the high-paying nature of the jobs available in the sector. But do you think you have what it takes to succeed in this domain?
To answer that, you must first explore different career options and opportunities in the field. If you are interested in specialising in finance or pursuing a finance career in professional financial positions, there are a variety of alternatives available to you. Let's explore the most prevalent careers and jobs in finance.
1. Corporate Finance
Corporate finance is the subfield of finance concerned with how corporations approach funding sources, capital structure, accounting, and investment decisions.
Through long- and short-term financial planning and the implementation of diverse initiatives, corporate finance frequently focuses on maximising shareholder value—activities under corporate finance span from capital investment to tax issues.
Large organisations usually prefer MBAs for this job at the senior level.
2. Investment Banking
Investment banking is a specialised branch of banking that assists individuals and organisations in raising funds and obtaining financial advice.
They function as mediators between security issuers and investors and facilitate the public offering of new companies. Either they purchase all available shares at a price determined by their experts and then resale them to the public, or they sell shares on behalf of the issuer and receive a commission for each share.
3. Risk Management
Risk management professionals can identify market risks and recognise poor investment outcomes. Their primary responsibility is to maximise earnings and minimise risks strategically. They utilise their mathematical prowess and analytical reasoning abilities to advise clients on various commercial concerns.
Risk Management is an in-demand skill, and recruiters pay value to specific certifications like FRM (financial risk management), and it also helps if you have an MBA.
4. Financial Analyst
Financial analysis is used to analyse economic trends, establish monetary policy, develop long-term strategies for company activities, and find investment opportunities in projects or firms. This is achieved through the synthesis of financial facts and numbers.
One of the standard methods for analysing financial data is to create ratios from the information in the financial statements and compare them with those of other businesses or the company's past performance.
Financial Analyst is the first job title for a lot of graduates in the finance industry.
We hope that you'll be able to use this information to map out your journey ahead Best of luck!
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