It is a well-known fact that not many people look for a career in finances because it appears to be an overwhelming process. But not many people are aware that it is possible to have a career in this kind of field even without getting a Bachelor’s or Master’s degree.
Here are some of the most rewarding finance jobs according to the level of education you have completed:
Master’s Degree:
By getting a master’s degree, you will be able to land yourself a job with higher pay. And if you already have a position in the field of finance, an advanced degree will give you a better chance at getting a promotion.
- Auditor: You will be responsible for preparing financial records as well as analyzing accounting documents.
- Controller: This type of work will require you to do direct accounting. You will also be in charge of creating and maintaining accounting practices, procedures, initiatives and principles.
Bachelor’s Degree:
After completing a bachelor’s degree, you will find many doors opening for you in the field of finance. You will find it a whole lot easier to land a good-paying job with the right education featured in your résumé:
- Financial Adviser: As a financial adviser, your work will entail investment advice and tax advice. You will also help people create a budget while providing financial guidance on a more personal level.
- Accountant: Your work as an accountant will focus more on tax services as well as financial record-keeping.
- Actuary: An actuary estimates claims for insurance companies, manages the insurance plans of companies and gauges the risk of certain types of liabilities.
- Financial Analyst: If you will have a career as a financial analyst, you will find yourself advising brokerages and analyzing companies for investment.
Associate’s Degree:
If you are looking for a good stepping stone that will land you a career in finance after high school, an associate’s degree will be a great option for you. This type of education will also help you switch to another career or move on to a 4-year degree in university.
- Bookkeeper: Your responsibilities as a bookkeeper will include posting transactions, maintaining accounting records and reconciling entries.
- Payroll Clerk: A payroll clerk will be delegated certain tasks like computing employee pay and deductions, issuing checks, maintaining payroll records and resolving inconsistencies.
High School Diploma:
After graduating from high school, you can already find jobs in the field of finance if you want to have a source of income. But you would need at least some college or advanced degree in order to step up higher on the career ladder:
- Bank Teller: This kind of job requires you to handle withdrawals and deposits of both cash and checks. You will also be accepting payments for loans and bills. Other tasks may include selling savings bonds and travelers’ checks.
- Collector: Even if you only have a high school diploma, you can already work as a collector. Your duties would include collecting payments and tracking overdue accounts.
- Broker/Securities: This job will require you to manage the investment portfolios of your clients.
- Accounts Payable/Receivable: The job of an accounts payable/receivable includes requesting bills and payments, sending payments and receiving payments from companies and individuals.
Infographic Source: www.accountingprincipals.com
About the author: John Halliston is an external career consultant who specializes in helping professionals develop their finance career.
