Working in banking and finance is the dream of many students who consider which studies to prepare for the future. Enrolling in one university degree or another can make a difference in finding a job. The same happens with choosing a master’s degree or a postgraduate degree, which will be decisive to speed up the incorporation into the labor market and the satisfaction of the student’s professional expectations.
Work in banking and finance
Most of the highest paying and most prestigious jobs globally are in the banking and financial sectors. Careers in this industry can be fascinating and rewarding. These are areas where there is demand for employment, like many organizations, corporations, and individuals need help managing their finances. This means that, if you like the world of banking and finance, it is very likely that you will be able to find the desired job after good preparation.
However, when choosing the direction that will guide your professional career, you should take into account three factors:
- The salary that you can access.
- Career possibilities within the banking and finance sector.
- The balance between professional life and the private sphere.
What jobs can be accessed with a degree in banking and finance?
There are many jobs within this industry, all interesting enough to appeal to anyone preparing to enter the job market. Some of them are:
- Financial manager
- Management consultant
- Accounts auditor
- Financial analyst
It is important to note that many of these jobs require a degree in finance and banking. Precisely that extra preparation may be the key to qualifying for some of the highest paying jobs in banking. These are the following:
- Investment banker
- Hedge fund manager
- Venture Capital Associate
- Compliance Director
- Risk Director
- Business analyst
- Personal Finance Advisor
How can I start a career in banking and finance?
Some students wonder how to start a career in banking, and the truth is that if they have not yet enrolled in university, they are at the best time to consider how they want their professional future to be and where they would like to be in 5 or 10 years.
The steps to follow to succeed in banking and finance are:
- Enroll in a bachelor’s degree in economics or finance. It may also be good to take business administration, accounting, information technology, or statistics.
- Take master’s courses that help specialize in a particular area to qualify for higher-level positions.
- Stay up-to-date with the sector’s news and everything related to technological advances applicable to the industry.
- Work the networks.
Continuous learning is the key to success and, for those who want to make their way into the world of banking and finance but come from a different industry, it can be the key that opens the doors of the sector.