Pursue Successful Careers In Business Finance
Careers in Business Finance are the most sought after and fast-growing among all other occupations. The actual reason behind this may be because business finance professionals are required in almost every field, every industry that exists. Business finance experts work as financial analysts, financial consultants, finance managers, corporate finance managers, investment bankers, money managers, financial planners, underwriters, loan officers and many more. Another reason why careers in business finance are in demand is the pay. Successful professionals in this line of work are undoubtedly some of the best paid professionals worldwide.
Financial Analysts are known to play a significant role in today’s competitive economic scenario. From the 1970s job prospects in Business Finance and Banking have been flourishing thanks to the ever increasing intricacy of investment options. A financial Analyst is required to do accurate research of an organization’s or an individual client’s financial status including risk tolerance, history and present investments and expenditures. Financial Analysts make effective recommendations that are based on business environments and financial objectives.
Financial Analysts may be of different kinds depending on their specialization. Financial Analysts could include Budget Analysts, Investment Analysts, Credit Analysts, Merger & Acquisition Analysts, Ratings Analysts, Money Market Analysts, Risk analysts, Personal Finance advisors, Tax Analysts, and Treasury Analysts.
Auditors & Accountants
Auditors and Accountants are hired for preparing, examining and analyzing financial records and statements. It is their responsibility to make sure that all financial statements are precise and that corporations are paying their taxes. They are supposed to assess financial operations for greater degree of efficiency. They are instrumental in coming up with effective financial management strategies. They ideally should possess a Bachelor’s Degree in Finance. A Master’s degree is always welcome. The median pay is about $ 63,550.
Financial Consultants are employed for providing sound advice on strategies for developing shareholder value, securities pricing, business valuation, valuable inputs to treasury management, economic analysis and forecasts etc. Financial consultants play a pivotal role in any business.
An Actuary is a specialized accountant who analyses and determines the actual financial costs of risk and uncertainty. An Actuary is known to use advanced Mathematics, Statistics, and Financial Theory for analyzing risk and minimizing the cost of risks for his clients. He should ideally possess a Bachelor’s Degree in Finance or Accountancy. Median pay is $67,700.
Corporate Finance Officer
He would be typically working for a company. He would be responsible for finding money for running the business, making acquisitions, planning for the organization’s financial future and managing whatever cash is in hand. He could be employed in a huge multinational company or may be a smaller organization with high growth possibilities. The focus should be on long-term goals for top performance. Corporate Finance jobs are the most sought after today among all financial jobs. One is required to focus on areas like flexibility, liquidity, regulatory support and compliance with rules, regulations and laws.
A Finance Manager is required to competently direct investment activities, financial reporting and also, cash management techniques and stratagem. Prerequisites of this job include creative thinking and capability to direct the team after visualizing broad business picture.
Investment Banking is all about issuing securities, helping investors to trade securities, managing financial assets and providing sound financial advice. In smaller companies investment bankers need to take care of bond-trading, program trading, technical analysis or M&A advisory.
Auto Lease Consultants
Auto Lease Consultants act as the best agents and negotiators in vehicle procurement. They offer manufacturer fleet pricing, charge no dealer fees and provide the best possible program rates available. They are abreast with current market prices and are responsible in saving a lot of money for their clients. They are known for finding the best possible car leasing price. They are highly skilled at numbers.
Author Bio: Kevin Stevens is a career counselor and has been specializing in careers in business finance. He has helped numerous young aspirants to find a niche in the business finance sector. He is always on the lookout for new openings. He keeps himself updated by visiting sites such as leasequit.com.