Careers In Finance

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If you have a knack for numbers, particularly if you are good in understanding and interpreting figures, then a career in the  finance  industry may be just right for you. Certainly, working in  finance  is not for everybody. It takes a person with an analytical mind and a certain discipline to make it in this business. However, if you are one of the chosen few who manages to enter the world of  finance , then the sky is usually the limit for the talented and driven.

As the name indicates, the business of  finance  is primarily concerned with financial resources or, more precisely, how individuals and institutions handle their financial resources.  Finance  considers how they get their money, where they use it and what they use it on and it analyzes the risks involved in each of these phases as well as gives recommendations about how to manage the risks.

Although not many are qualified to work in  finance , there are a number sectors in the financial community that offer many exciting and rewarding employment opportunities. Here are some examples.

If you want to break into  finance , perhaps there is no sector that is easier to penetrate than the commercial banking sector. It is a good place to learn the basics of the business of  finance . That is one reason why commercial banking has the most number of people of any sector of the financial industry. Aside from the opportunity to learn about the business, working in a bank will also put you in touch with a wide range of people and gives you the chance to develop your own clientele. The most basic entry-level position is as a bank teller. From there, it is a short jump to other more challenging job opportunities such as leasing, credit card banking, trade credit and international  finance .

In corporate  finance , you handle the internal  finance  requirements of the corporation that employs you unlike in a bank where you handle the financial requirements of several clients at a time. The in-house corporate  finance  department sources money for the development of the business, particularly for expansion and acquisitions. The entry-level position in a corporation is as a financial officer.

A corporation also employs a financial planner, a vaunted position whose sole concern is planning the future  finances  of the company. This position requires great vision and foresight as well as a firm understanding of investments, estate planning as well as taxes.

Source by Jonathon Hardcastle

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