Finance remains the top career path one can undertake in the hundreds of careers. It involves creating investment plans while studying the current and former financial statutes to benefit your clients. The career has been popular for a while now; giving it a try will surely never go unrewarded as it has many benefits.
Finance is a good career path. There are many reasons to choose it as your core career. Here is a walkthrough:
1. Has a Wide Knowledge of Coverage
The above different fields of finance undoubtedly prove how wide the career is to the benefit of the undertakers. For instance, you can specialize in real estate agents or budget analysts or combine two or more finance specializations to enhance your chances of acquiring your desired job. You can also seek contract finance jobs and try different positions at various companies.
With finance as your core career, you can smoothly shift to other non-finance-related fields since you already have the essential knowledge.
2. Extensive Job Profiles
A finance career exposes you to various job opportunities regardless of the fields you specialize in. For example, you can smoothly shift from a loan officer to a bank manager since you’ve already mastered the basic knowledge of both fields.
Essentially, most organizations ask for a certificate(s) or at least a two-year experience in the finance field, and boom, you’re hired.
3. Better Paying Jobs
Finance experts can earn above-average wages and salaries in reward for the efforts and time required in the field. Study shows that finance experts with a Professional degree earn up to $100,000 annually, $80,000 for those with a Master’s degree, and $60,000 for Bachelor’s degree holders.
As years proceed, the chances for salary increment are higher in the finance career than in any other.
4. Related Benefits
Most organizations offer various benefits to their financial professionals to encourage them towards better performance. While working as a reputable company finance expert, you can enjoy dental and general health insurance, holidays, paid vacations, pension plans, and house allowances.
These organizations also offer in-job training to their finance employees and later promote them to higher ranks or find better opportunities in other well-performing businesses.
5. The Flexibility of Duties
If there’s a career that has adopted flexibility, that’s finance. Back in 2020, during the COVID-19 pandemic, finance professionals were allowed to work from home, protecting them from the prevailing disaster.
In addition, they were provided with fully funded equipment and requirements to conveniently work from homes, such as laptops, WiFi, and office furniture.
6. Less Demanding Requirements
Unlike other careers that require plenty of physical, emotional, and mental strengths, the finance industry requires a finance-related certificate and few other skills. With good communication skills and learning readiness, you’re ready for that finance job you’ve dreamed of.
Communication skills are taught in nearly all educational institutions, so don’t worry about how to be perfect on that. Additionally, finance allows you to meet new, diversified people; thus, you can enhance your communication skills.
7. The Stability of the Industry
The finance career remains the most stable with the constant growth of businesses globally. Finance professionals and graduates can’t miss an opportunity from newly established businesses even when they are non-finance related.
For instance, a hospital needs a finance manager or a budget analyst, similar to schools, churches, manufacturing industries, and real estate, among other fields. You should never feel threatened by the massive number of fresh finance graduates; the career has stable opportunities for you all.
8. The Constant Change
Finance is one of the most constantly changing and growing careers regarding requirements, activities, and regulations. With new technology, markets, laws, and legislation, the industry is becoming more exciting to be a part of.
The requirements to become a finance professional has also shifted from certificates to technical and social qualifications. For instance, as an ICT expert, you have the opportunity to pursue a finance career and later land a finance-ICT job opportunity. If you’re someone who does well in more than one industry, a finance career is the one for you.
