Economic AnalystĪn economic analyst (or economist) analyzes economic data and prepares reports that explain their findings to stakeholders. They often will help with financial forecasting to protect companies against potential loss.Īverage Salary: $103,020 3. Financial Analystįinancial analysts will assess companies' spending habits and create a business plan for budgets. Financial advisors may also provide guidance regarding investments, taxes, laws and other financial-related matters.Īverage Salary: $119,960 2. Financial AdvisorĪ financial advisor discusses financial goals and creates a personalized budget for each client. Here are 10 of the best-paying finance jobs for those interested in the industry to consider if you want to make top-dollar earnings. Professionals wanting to work in finance may feel encouraged by the chance of large salaries, even with the high barrier to entry. Most employers will look for potential employees with at least a bachelor’s degree in business, management or finance. For success, employees need to be trustworthy, organized and knowledgeable. Someone in corporate finance may work in accounts, investing, banking, management or many other departments. This type of role involves managing a company’s finances. A person wanting to work in accounting will usually need at least a bachelor’s degree and experience in finance management. Corporate accountants may oversee many financial processes to help the company function well, while private accountants will help individuals track their monetary habits wisely.
AccountingĪccountants help individuals or companies have good financial health by regularly reviewing and updating financial records. Someone interested in finding a finance job in insurance should obtain a bachelor’s degree in administration, finance or business and learn the specific skills necessary for their desired position. Large insurance agencies have many financial roles in areas like insurance sales, customer service or actuarial sciences. A bank may require applicants to have relevant education and specific competencies based on the role, such as interpersonal communication or administrative skills. Because of this, anyone that wants to have a stable entry-level position in the finance field may start by working at a bank as a:Ĭommercial banks offer many services, like loans, checking accounts or IRAs, which provide a lot of experience to those starting their careers in finance. Bankingīanking is a very well-known and established finance job. In addition, most employers need professionals here to have either a college degree or a few years of practical experience. Someone in this role would need exceptional financial expertise and attention to detail to give reliable advice to clients. This area of finance involves meeting with clients to help them develop a plan for personal finances (or business funds). Having a bachelor’s degree in finance or economics will help someone land this role, as will negotiation, communication and critical-thinking skills. These relationships should benefit both parties, so investing experts receive compensation for their role in making the connection.Įxperienced investors are essential in the financial field. Typically, people working in investing help develop the relationship between investors and companies or individuals that need funds.
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Additionally, finance roles often require a set expectation of education or training that not every professional has. Depending on a person’s skills and interests, specific departments or work types may be a better fit. There are many opportunities for people that want to work in finance.
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Recognizing those roles and understanding how to obtain them will help all ambitious finance professionals land the job they want. But certain jobs offer higher pay than others within this field.
Someone that wants to join this field and make a large salary right away won’t have to look too hard. However, those who land some of the best-paying jobs in finance at the top companies will find they have access to generous salaries and bonuses, making the often extensive hiring process worthwhile. These roles are often in high demand with many entry-level requirements, including specific education requirements or certifications. Jobs in the finance industry draw many desirable workers due to their potential money-making opportunities. Obtaining the right education and skills will help finance professionals advance to high money-making opportunities.
And some of the best-paying jobs in finance are also the most stable opportunities. For those with strong analytical, communication and mathematical skills, finance can be a lucrative field with many professions to explore.
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