Last updated on November 29th, 2023 at 09:24 am
What does having a career in finance mean? It refers to job opportunities in a variety of fields. These fields are namely, Investment Banking, Trading, Financial Advisory, Analytics, Financial Media, Financial Analysis, Portfolio Management, Corporate Finance, Asset Management, Mergers and Acquisitions and so on. One thing common among all of these fields of finance is that a career in any of them is extremely lucrative.
This is one of the main reasons as to why candidates aspire to become highly qualified professionals in the field of Finance. While some take the route of education, go on to get graduated in any related field of Finance, then go ahead and do their masters and MBA and then look for a job. There are also quite a few who choose to go the way of the industry. By taking up professional training courses, like those offered by institutes like Imarticus Learning, these individuals are able to develop a skillset, which is way more relevant to the industry and is exactly what HR Managers are on the lookout for.
Let’s go further and discuss the various credentials that the field of finance has. As is common with every field out there, Finance also happens to have its very own professional qualifications and licenses. These include, the Chartered Financial Analyst (CFA), Certified Financial Planner (CFP), Certified Public Accountant (CPA), as well as a series of licenses.
These series of licenses are for instance Series 7 & Series 63, both of which are usually issued by the Financial Industry Regulatory Authority (FINRA). Both the series of licenses, require a professional to complete a course of study and passing an exam. While these licenses work as a legal requirement, the certifications or credentials like CFA are more of resume boosters, which give great prestige to the holder.
Most of the concentration of Financial Jobs can be found in all of those cities, which are considered to be international centers of finance all over the world. These could cities like New York, London, Hong Kong, Shanghai, Dubai, and Zurich and so on. If you happen to be looking for a job, which is based in a foreign country then you must ensure that you know the basics of the native language therein.
While it may seem that your city or state does not happen to have great and stellar corporations, this does not mean you should despair. For all of those who are aware of the concept of globalization, it seems to be happening at a more rapid speed. Many large banking corporations like JP Morgan and the likes happen to have hedge funds and smaller money management firms situated in a number of locations lately.
