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Finance Degree and Career Overview
Average Salary & Job Outlook
Median annual earnings for a financial manager (2006)
$90,970 annual
Median annual earnings for a financial analyst (2006)
$66,590 annual
Median annual earnings for a financial advisor (2006)
$66,120 annual
U.S. Minimum Wage
$10,712 Annually

*Source: US Department of Labor, Bureau of Labor Statistics


Working in the financial industry can definitely provide exciting and fast-paced career options because the business world is constantly changing! Specifically, finance concerns the way in which individuals and businesses raise and spend their money. Since money is involved in almost every aspect of our life, financial students can have a wide range of available career options. Some responsibilities can include:

  • Analyzing the revenue and assets of an individual or company
  • Managing and controlling assets
  • Profiling project management risks
  • Increasing revenue

An aptitude for finance is extremely useful in today’s job market because every type of business needs financial assistance, from start-up firms to international corporations. Finance majors can opt for employment opportunities at banks, hedge funds, insurance and real estate firms, and many of the government agencies that work to regulate the industry. Additionally, they have the option of doing consulting for individuals, assisting them with retirement funds, college savings, and personal investing.

Students who get degrees in finance generally choose careers that involve helping banks, stockholders, and government agencies to make important decisions. Finance students learn the necessary skills and knowledge in order to help improve the financial growth of their clients, which can include individuals looking to start a retirement fund or large companies who need to acquire new businesses. The following are some examples of top financial careers:

Corporate Finance

If you decide to work in the world of corporate finance, your responsibility would be to help your company earn more money, acquire new businesses, analyze their investments, and plan for the company’s financial future.

Commercial Banking

Commercial banks provide banking services to individuals and organizations. Commercial banking is one of the largest sectors of the financial industry, and provides a wide range of career opportunities. Some options include: credit card banking, lending, leasing, international finance, and trade credit.

Investments

Popular careers like stockbroker, financial planner, and investment manager all work in the field of investments. These professionals help individuals and companies make wise investments so they can have a secure financial future. If you enjoy working with people, this field is very rewarding and well-paying.

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