Finding The Best Entry Level Finance Jobs

In the financial job market, there are many obstacles for graduates seeking to rise quickly in their professional lives. Financial organizations, ranging from banks to international stock-brokers, adopt high standards for their middle and upper management professionals. Indeed, the delicacy of the marketplace and the attitudes of individual clients towards their financial situation requires a high level of experience and good aptitude for a management position. The financial graduate who is just leaving university to find a job, however, can accelerate the process of rising quickly in the field of finance by choosing the right entry-level finance job.

The first consideration for professionals looking for entry-level finance jobs is their short term goals. If a graduate is concerned with making a good salary immediately, working with an international company or a larger bank may be the wisest move. However, those who want to build experience and rise through the ranks may wish to consider smaller organizations, such as financial planning firms, where there is more contact between executives, managers, and entry-level workers. This is an important consideration, as it can set you off on the right or wrong foot immediately.

Another important thought on entry-level finance jobs concerns the amount of upward mobility available for exceptional finance graduates. The graduate, who works for an international bank, can certainly rise to prominence within the company and the industry in general. Indeed, there is plenty of opportunity for such a professional to rise to local, regional, national, and international positions. For the graduate who works with a smaller company, mobility may be more difficult because of the relatively fewer positions between president and entry-level worker.

A third consideration on entry-level finance jobs is the nature of the job that a graduate accepts. Indeed, the chances of rising through the ranks decrease if a professional doesn’t enjoy their job and bring the same level of effort day in and day out. A professional who wants to help people directly may wish to work as a financial planner or advisor and rise to departmental management after years of commitment to client success. Another professional that thinks of finance in terms of larger companies, or even governments, may desire to make their way as a stockbroker or corporate financial professional, rising through the ranks by networking with prominent clients. All these considerations are important when thinking of the best entry-level finance job for a particular graduate.

Online Finance Degrees Gain Popularity

Online finance degrees are gaining popularity as more students go back to school to earn their degree and take advantage of the recovering market. While employment opportunities in the financial sector diminished during the recession, job opportunities for finance graduates, like the economy, have now begun to rebound.

Earning an online finance degree can prepare you for a variety of careers. Often, students who earn these degrees, ranging from the associate to master’s level, find employment as financial analysts, financial managers, investment managers, accountants or auditors, financial consultants, investment or commercial bankers, and even real estate managers or developers. Jobs in finance have traditionally offered students solid job opportunities and this trend is expected to continue. Job prospects for students who earn an online finance degree are expected to grow faster than average from 2008 to 2018.

In fact, in US News and World Report’s annual list of the top fifty careers for 2011, accountants, financial analysts and financial advisers are listed as three of the most lucrative careers for the coming year. With employment growth rates projected at 20-30% for all three of these financial occupations, it’s safe to say that a finance degree is a solid investment.

Careers in Finance

When we talk about careers in finance options to choose from simply become unlimited. The best part about studying finance is that you can get a job in any part of the world so you will not be geographically restricted in any way.

out of several options in finance career available the best one yet is none other than banking. Annually most of the finance graduates get into banks to peruse a challenging career. The reason why banking is such a popular place for finance graduates is because the variety of positions available you can get into commercial banking, investment banking, financial planning, corporate financing or simple money management. Each one of these positions offers you great chance to climb the ladder of success smoothly.

Finance is one field that never goes out of demand in fact the need of employers in finance department just keeps on growing every year by a large number. The reason being as long as the money making process will be on going in the world, financiers will be required to handle the cash flow of the companies. To be successful financier you need to have the power of thinking strategically. The better you are able to understand complicated matters quickly the better financial decisions you will be able to make. You also need to have certain amount of leadership qualities, have proper knowledge of risk management and possess firm problem solving skills.

Since we have already talked about how finance can take you to all corners of the world it will greatly add to your benefit if you know two to three languages. You should be careful about the degree you choose because it will define your career path. With an Associates Degree you will very lucky if you end up at a good job. Where as Bachelor’s Degree can get you jobs in accounting firms or banking sector. If you wish to earn above $ 30,000 annually then you should go for Masters Degree as it will take you to heights. With a Bachelors Degree you can earn somewhere below $ 40,000 and above $ 25,000.

Every degree comes with certain courses that are mandatory for you to choose. Some of the courses that you will studying nearly in all the degrees are Management and Leadership, Human Resource Management, Finance and Accounting, Investment Management, Public Finance, Non Profit Finance, Risk Management and Marketing and Sales. It is not necessary that every degree offers these courses it will largely depend upon which university and degree you opt for.

Diversify Your Search for Finance Graduate Jobs

The act of getting a finance degree in an accredited university is not enough to land a job. The financial sector is highly competitive based on a number of factors not the least of which is the importance of individuals capable of dealing with high stress jobs. A finance degree does not carry the same weight as it once did based on the number of finance professionals looking for work worldwide. Your knowledge of available employers of finance graduates will give you a leg up on the competition.

Finance graduates who want to break into the public sector can work with government agencies responsible for creating a national budget. The national budget involves billions of pounds distributed throughout hundreds of programs. Each pound needs to be accounted for at all times to avoid charges of accounting malfeasance. Financial advisors who want to serve their country while using their university training can find an internship program through a government agency to begin their career.

A combination of small business growth and increasing accessibility to financial resources has led to a new market for finance graduate jobs. There are a number of firms that need to fill finance graduate jobs designed specifically for small business clients. The rewards of working as a financial advisor to a burgeoning business are plentiful including the opportunity to witness successful businesses at their birth. These positions may feature a lower commission level but graduates can gain invaluable experience and a stepping stone for better positions with a few years on the job.

Finance graduates eye up high profile positions with corporations as stock traders and advisors on the world’s financial exchanges. The intense competition, high stress and long hours of these jobs can be off-putting for young professionals. Graduates who want a taste of this highly pursued career option can spend a summer as an intern after graduation. This temporary option provides a foot in the door and builds up skills needed in other financial positions.

A professional option for finance graduates who disdain the rigors of office life is private advising for individual clients. Finance graduates need to get certification and licensure on their own but young professionals can strike out on their own to advice people who don’t trust advising firms. This path requires hard work, a commitment to selling one’s self and an ability to build trust instantly with sceptical clients.

The Importance of Making Work Personal for Finance Graduates

The cold numbers and profit-first logic of the finance world can make finance graduates feel like robots. Financial firms place a premium on dispassionate advising and an adherence to regulations to protect the investments of clients big and small. While it is important to maintain an impeccable standard of performance, finance graduates need to make some aspects of their jobs personal to provide the best service possible.

Finance graduates need to take a micro level approach to their job on occasion to stay grounded. The temptation for many graduates is to look at commission numbers and the portfolios of larger clients to increase efficiency on the job. An occasional review of stock holdings, investments and the financial overview for a young family or a small-scale investor can bring the importance of doing a good job home for overwhelmed graduates.

There is a way for finance graduates to make work personal with each document completed and each trade managed. Finance graduates can think about each action in terms of its reflectivity of their own values. A financial advisor with knowledge of a risky new venture can ask if a more conservative trade would be appropriate for a client. Quarterly and annual adjustments of financial portfolios can be viewed in light of the potential benefits for the account holder.

A graduate also needs to look at the practices and missions of his employer during an evaluation of daily practices. It is impossible for a finance graduate to follow self-imposed ethics and best practices guidelines when an employer is not providing adequate resources. Finance graduates need to take advantage of every opportunity to express their opinion in order to shape the direction of their employer. A combination of advisory positions, informal comments in meetings and official comments through internal documents ensures professional comfort for finance graduates.

The most important way for finance graduates to make work personal is to look at long term goals. Graduates need to think about their desired destination in five, ten and twenty years as they help clients find the best investments. A financial graduate is best served to treat customers with respect and show an unimpeachable work ethic to employers in order to build a strong reputation. Finance graduates need to work for the job they want while they work in their present job to meet their professional goals.