Abdulwahab
Are there organizations you are expected to join as a Finance student/graduate?
Are there organizations you are expected to join as a Finance student/graduate? #college #business #finance #corporate-finance #financial-analysis #college-graduate
4 answers
Rebecca Tang
Rebecca’s Answer
You can do some research on the industry you are interested on. Also, you can try to apply some internship in finance department of different companies. This can help you to understand the daily life and actual work in finance and determine what area you like to further develop your career.
Hope this helps!
Emily R
Emily’s Answer
There a few different directions depending on the focus of your degree and what you are interested in:
- Financial services e.g. banks, investment banks, investment management companies, hedge funds, payments.
- Financial services regulators - local or European e.g. in Brussels
- Financial industry associations e.g. banking associations
- Consultancy firms
If you want to pursue accountancy, you should look at an accountancy firm or an accountancy department in a financial services firm, consultancy or even a government department (this last one is especially good if you are interested in a career in government more broadly as you could move into other areas later on). A bit later in your career there would be the option to move to a finance department in a whole range of large companies, but they might be less likely to fund the qualifications you will want to get early in your career.
A good aspect of the types of companies above is that they will often have graduate schemes - this is usually a really good way to experience different roles and get qualifications and skills training.
Hope that helps and good luck!
Ken Simmons
Ken’s Answer
Hi!
People do not belong to such organizations, because they are expected to belong. They belong to such organizations, because they help them to keep educated in the career area and allow them to create and maintain helpful professional relationships.
Here some that groups you might find interesting:
https://www.afponline.org/
https://www.imanet.org/
http://www.financialpro.org/
Here are some others that might be interesting:
Accounting & Finance Professional Organizations:
American Bankers Association: Founded in 1875, the American Bankers Association represents banks of all sizes, supporting the nation’s banking industry and employees.
The American Finance Association (AFA): The purpose of The American Finance Association is to promote the knowledge of financial economics.
American Society of Women Accountants (ASWA): The American Society of Women Accountants (ASWA), formed in 1938, provides opportunities for women in all fields of accounting and finance.
Association for Financial Professionals, Inc. (AFP): The Association for Financial Professionals (AFP) serves treasury and finance professionals.
International Federation of Accountants (IFAC): IFAC is a global organization, representing 2.5 million accountants employed.
National Association of Black Accountants: Since 1969, this group has strived to on promote and develop minority professionals in the fields of accounting and finance.
The Professional Accounting Society of America (PASA): Since 2005, PASA has focused on entry-level and mid-level associates working at accounting firms across America.
Let me know if and how this helps. Keep me posted. I would like to follow your progress.
Jian Kang
Jian’s Answer
HI Jian, this is interesting but doesn't answer the student's question. I think they want to know more about orgs they can join while still in school (ex: clubs, associations, etc)
Gurpreet Lally, Admin