Friday, April 30, 2021

Making Money From Money - The Top 5 Finance Based Careers

 If money is what you want, then there is no better option than work with it. Indeed, the careers that often pay the most are the ones most strongly tied to the financial world. Of course, before you make such an important decision, it's well worth finding out about some of the most popular and profitable careers in the world of finance. Something that you can do by reading the post below. 


Financial advisor


The first career to consider if you love working with money is becoming a financial advisor. Indeed, the best part about this job is that you get to use your expertise in a wide range of financial fields such as investing, pensions, and real estate to help your client achieve their dreams. 



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Of course, because this is primarily a client-facing role, you will need to have good people skills as well as a solid understanding of tax, investment, and pension law. Also, you’ll need an inquisitive mind as you will be solving financial conundrums for your clients too. Sort of like a detective but with money. 


Like most higher-level financial jobs you will need a bachelor's degree in a related field and can earn around $70-90,000 a year.


Accountant


The next money-related career you may wish to consider is becoming an accountant. In such a role your overall duties will be to prepare financial records, as well as ensure they are correctly updated and analyzed. In particular, you will need to be able to help businesses to ensure they run in the most financially effective manner, something that will require assessing profits and losses, assets, and tax payments. 


When choosing to work in accountancy you can stay general, or choose to specialize in a niche area. Indeed, choosing the correct niche can be an excellent way to boost your earning potential and the demand for your skills. After all, someone that understands the industry in which they work, as well as accounting theory, can be a very valuable asset indeed. 


Of course, if you do choose to specialize you will need to complete specialist training such as the courses offered by Copas.org for the oil can gas field. However, you can be sure that any costs you payout on such training will be well worth the return you can expect from them. 


To be an accountant you will need at least an undergraduate degree in accounting or a related subject. Although, it is sometimes possible to earn these while working at the same time. There are also additional professionals exams that you will need to be successful at to practice. The salary you can expect is around £80,000 a year. 

 

Financial analyst


Last of all, if you want to make money by working with money then being a financial analyst maybe your dream job. A financial analyst's chief role is to have a firm grasp on the market and so be able to make recommendations to those wishing to invest. 


Of course, there is a great deal of work that needs to happen behind the scenes for them to be able to do this including monitoring market signals and using analytic software to stay ahead of the trends. 


Again to get into this field, as you can see from the post at cfainstitute.org you will need an undergraduate degree, usually in economics or a related subject. You can expect a salary of around $80,000- 90,000 a year. 





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