Sarah
Where do finance majors get jobs?
I want to become a finance major
#finance
7 answers
Monique Wirz
Monique’s Answer
I have a finance major and have worked in numerous roles in large international companies (trading, luxury watches). The finance background has allowed me to really grow within organizations and it's a real asset. If you can understand financial flows and calculations it's quite interesting the number of doors which it opens. You can work in banks, trading companies, insurances and large private / public organizations. I suggest that once you are in college to really specialize in an area of finance (accounting, stock market.. etc) to better determine where you want to work. It's a great career choice and today an important role in all organizations.
I have a bachelors in finance and it gives you numerous options. I have worked as financial advisor to help people choose retirement options. I have worked as an underwriter for financing auto loans and mortgage loans. I would suggest trying to get an internship and try to work 2 or 3 different jobs in college and see which one you like best. You get great satisfaction from either of these jobs as you are either helping someone save for retirement or helping someone get a home loan which can be the biggest purchase of his or her lifetime.
Brian Downey
Jay Rao
Jay’s Answer
I think there's already a lot of positive discourse in the above answers. Though I want to answer the question from a Senior Students perspective. A lot of finding a job depends on what year you find yourself in school. Finance is a VERY VERY broad field. I would highly recommend speaking to upperclassmen and maybe family members who could give you advice or introduce you to people. It is difficult to get internships early on, thus you must rely on applying wherever you can, company websites, school career portals, glassdoor, indeed. Anything remotely related to your career goals would be useful. Think about going abroad if possible!
For sophomore year, you want to be closer to your career goals, however, you might similarly struggle here. It is night and day how much your chances increase as a junior.
Between sophomore and junior year, you want to be networking , speaking to alumni, alumni coworkers, and even cold emailing people WITH PROPER ETIQUETTE. You want to view networking as a way to learn more about the industry. Speak to them to get to know them, and over time, they will grow more invested in your potential. They'll say things like, keep me posted, which is a great sign. Keep up contact with them, and by the time you are a junior, they will be more than willing to fight for you to join their company!
Hope this helps!
Jay
Henry Chan
Henry’s Answer
In the 90s to mid 2000, many finance majors prefer to work in the financial institution such as banks. Since then, with the rise of technology companies, the trend has shifted. Facebook, Amazon and Apple are dream companies for many college grads but this does not mean you need to be one of them.
My suggestion is that you go to where your heart is. If you do not like the job or the industry you are in, chances are you will not have the motivation to perform at your best capability. So do not waste your talent, knowledge and time. Go after where you feel will keep you excited and willing to get out of bed to go to work everyday.
Good luck.
Rupam Das
Rupam’s Answer
As a finance major, you learn the craft of providing, using, managing and growing money and dealing with the risks of business projects and financial markets. Banks, corporate executives, would-be homeowners, parents with future college students, investors and retirees will rely on your analysis of financial data, market trends and economic conditions. Depending on your job, your advice may affect such decisions as stock picks, car and home loans or corporate mergers.
Arun K
Arun’s Answer
Loan Officer: A loan officer, functions as the liaison or intermediary between an institution that provides personal
and business loans to consumers and the applicants for a loan.
Accountant: Accounting is one of the top careers in the financial industry because it’s such a valuable position
to companies across the globe.
Financial Analyst: There are several types of financial analyst jobs, but the basics of the position remain the same.
Junior Tax Associate: Many people are waiting on reform to make taxes simpler and ease the headache. However, even
if the reform happens, people and businesses will still need help figuring out this aspect of their finances.
That is why a position as a junior tax associate is one of the best entry level finance jobs.
Financial Auditor: An auditor keeps a close eye on a company’s financial statements, checking for accuracy and any red flags.
This is a competitive field, since there is so much opportunity for growth and it is such a high-trust position
Mohan Narayan
Mohan’s Answer
As a finance major, you learn the craft of providing, using, managing and growing money and dealing with the risks of business projects and financial markets. Banks, corporate executives, would-be homeowners, parents with future college students, investors and retirees will rely on your analysis of financial data, market trends and economic conditions. Depending on your job, your advice may affect such decisions as stock picks, car and home loans or corporate mergers.
Banking
Financial Advisors
Financial Analysts
Financial Managers
Brokers and Investment Bankers
Karthik SP
Karthik’s Answer
The following are some of the industries where finance majors get their jobs.
- Banks
2.Stocks and Shares - Most of the Software companies
- All engineering industries have finance division