Finance Careers Information presented is from http://www.careers-in-finance.com
Careers in Finance Corporate Finance   Commercial Banking Financial Planning   Insurance   Investment Banking   Money Management   Real Estate
Corporate Finance Work for a company to help it find money to run the business Grow the business Make acquisitions Plan for firm’s financial future Manage any cash on hand .
Corporate Finance Careers Financial Analyst   Credit Manager   Cash Manager Treasurer Benefits Officer Controller Investor Relations Officers
Corporate Finance Salaries Job Title Salary Rookie Financial Analyst - Smaller Firm  $23k-27K  Rookie Financial Analyst - Large Firm $26-31K Seasoned Financial Analyst - Smaller Firm$33-39K Seasoned Financial Analyst - Large Firm  $38-47K  Credit Manager  $30-63K Tax Manager  $57-105K Assistant/Divisional Treasurer  $40-78K Chief Financial Officer  Big firm  232-295K  Small firm 80-120K
Commercial Banking Provides banking services to individuals, small businesses and large organizations.  More people are employed in the commercial banking sector than any other part of the financial services industry.
Commercial Banking Opportunities to learn about business, interact with people, and build up a clientele.  In commercial banking, starting at the branch level, you might start out as a teller to a wide variety of other services such as leasing, credit card banking, international finance and trade credit.
Commercial Banking Credit Analyst  Loan Officer  Branch Manager  Trust Officer  Mortgage Banker
Commercial Banking Job Level Salary Degree/Exp Trainee/cr analyst  $27,000  Bachelor’s Jr Loan Officer  $38,000  BA + 3 Years Loan Officer  $60,000  BA + 5-7 years Sr Corp Loan Off $65,000  BA +10 years Dept Mngr $100,000  BA +10 yrs more
Investment Bankers Help companies & governments issue securities Help investors purchase securities, manage financial assets, trade securities. Provide financial advice
Investment Banking Mergers and Acquisitions  Project Finance  Trading Securities Derivatives
INVESTMENT BANKING SKILLS Key Skill Area  Requirement People skills:     High Sales skills: Medium Communication skills: High Analytical skills: High Ability to synthesize: High Creative ability: High Initiative: Medium Work hours: 50-120/week
Investment Banking Facts Hard Work Expected and Respected   Analyst Jobs Are the Best Entry Point   Math Skills Can Help   Communication and Completion Abilities Key   Teamwork Crucial   Scientists and Lawyers Wanted   Contacts are Everything   Accounting Skills Valuable
Investment Banking Facts The investment banking business is notoriously competitive.  Investment banking is seeing massive consolidation.   Investment banking is one of the most  global  businesses on earth.   Pick the first firm you work for carefully.   A good time to send your resume to an investment bank is in November and December.  Don't forget to check back
Financial Planners Help individuals plan their financial futures. How are you going to cover your retirement needs? What do you have to do today to put your children through college?  Requires excellent interpersonal skills.  A good financial planner understands investments, taxes, estate planning issues and knows how to listen. Increasingly, it pays to obtain the Certified Financial Planner (CFP) designation.
Financial Planning The median salary for financial planners was $55,100 in a recent survey.  The salary distribution in this business is highly skewed.  90th percentile salary in financial planning was in excess of $150,000
Financial Planning Facts/Trends Financial planning is hot and high growth is expected. CFP Can Help as a Financial Planner   High Net Worth Individuals are a Key Target   Get Involved in local chapters of financial planner organizations
Financial Planning Skills Key Skill Area   Requirement People skills: High Sales skills: Medium Communication skills: High Analytical skills: Medium Ability to synthesize: High Creative ability: Medium Initiative: Medium Work hours: 25-65/week
INSURANCE Determining who to insure, what risks are acceptable, and how much to charge for insurance.
Insurance Jobs Actuary  Agent and Broker  Claims Adjuster  Service Representatives  Loss Control Specialist  Risk Manager  Underwriter
Insurance Career Typical Salary Actuary $28,300-65,500  Agent/Broker $14,900-58,700  Claims Adjuster $24,500-42,000  Underwriter $25,000-61,000
Money Management Money managers hold stocks and bonds for institutional clients and are on the buy side of Wall Street. Analyze market trends. Some money managers use the latest sophisticated quantitative techniques while others do very well using simple intuition.
Money Management Jobs Portfolio Manager Portfolio Management Marketing  Investment Advisory  Mutual Fund Analyst  Hedge Fund Trader
Money Management Skills Key Skill Area Requirement People skills :Medium Sales skills :Medium Communication skills :Medium Analytical skills :High Ability to synthesize :High Creative ability :Medium Initiative :Medium Work hours :55-75/week
Money Management Facts Work on the other side of the fence from the investment banks.  (the Buy side) Broad Understanding of Business Crucial.   Must be Able to Take Risk  You have to Hang in There. Have a Strategy to Break Into Business More Humane than Investment Banking
Money Management Salaries Starting analyst positions for undergraduates at leading mutual funds, pension funds, and bank trust departments have salaries in the neighborhood of $30,000 to $50,000.  Equity portfolio managers $60,000-150,000
Real Estate Residential Real Estate Agent/Broker   Commercial Real Estate Sales   Real Estate Appraisal   Property Management   Real Estate Advisory Real Estate Entrepreneur   Development and Construction
Real Estate Jobs None require a degree; however, all require that you be licensed and that you have continuing education each year.
Real Estate Salaries Vary depending on type of job.  Typical real estate agent in a small firm can make about $60,000 gross if he/she works about 35 hours per week. Since most are sales types of jobs, upside potential is unlimited.

Career presentation

  • 1.
    Finance Careers Informationpresented is from http://www.careers-in-finance.com
  • 2.
    Careers in FinanceCorporate Finance Commercial Banking Financial Planning Insurance Investment Banking Money Management Real Estate
  • 3.
    Corporate Finance Workfor a company to help it find money to run the business Grow the business Make acquisitions Plan for firm’s financial future Manage any cash on hand .
  • 4.
    Corporate Finance CareersFinancial Analyst Credit Manager Cash Manager Treasurer Benefits Officer Controller Investor Relations Officers
  • 5.
    Corporate Finance SalariesJob Title Salary Rookie Financial Analyst - Smaller Firm $23k-27K Rookie Financial Analyst - Large Firm $26-31K Seasoned Financial Analyst - Smaller Firm$33-39K Seasoned Financial Analyst - Large Firm $38-47K Credit Manager $30-63K Tax Manager $57-105K Assistant/Divisional Treasurer $40-78K Chief Financial Officer Big firm 232-295K Small firm 80-120K
  • 6.
    Commercial Banking Providesbanking services to individuals, small businesses and large organizations. More people are employed in the commercial banking sector than any other part of the financial services industry.
  • 7.
    Commercial Banking Opportunitiesto learn about business, interact with people, and build up a clientele. In commercial banking, starting at the branch level, you might start out as a teller to a wide variety of other services such as leasing, credit card banking, international finance and trade credit.
  • 8.
    Commercial Banking CreditAnalyst Loan Officer Branch Manager Trust Officer Mortgage Banker
  • 9.
    Commercial Banking JobLevel Salary Degree/Exp Trainee/cr analyst $27,000 Bachelor’s Jr Loan Officer $38,000 BA + 3 Years Loan Officer $60,000 BA + 5-7 years Sr Corp Loan Off $65,000 BA +10 years Dept Mngr $100,000 BA +10 yrs more
  • 10.
    Investment Bankers Helpcompanies & governments issue securities Help investors purchase securities, manage financial assets, trade securities. Provide financial advice
  • 11.
    Investment Banking Mergersand Acquisitions Project Finance Trading Securities Derivatives
  • 12.
    INVESTMENT BANKING SKILLSKey Skill Area Requirement People skills: High Sales skills: Medium Communication skills: High Analytical skills: High Ability to synthesize: High Creative ability: High Initiative: Medium Work hours: 50-120/week
  • 13.
    Investment Banking FactsHard Work Expected and Respected Analyst Jobs Are the Best Entry Point Math Skills Can Help Communication and Completion Abilities Key Teamwork Crucial Scientists and Lawyers Wanted Contacts are Everything Accounting Skills Valuable
  • 14.
    Investment Banking FactsThe investment banking business is notoriously competitive. Investment banking is seeing massive consolidation. Investment banking is one of the most global businesses on earth. Pick the first firm you work for carefully. A good time to send your resume to an investment bank is in November and December. Don't forget to check back
  • 15.
    Financial Planners Helpindividuals plan their financial futures. How are you going to cover your retirement needs? What do you have to do today to put your children through college? Requires excellent interpersonal skills. A good financial planner understands investments, taxes, estate planning issues and knows how to listen. Increasingly, it pays to obtain the Certified Financial Planner (CFP) designation.
  • 16.
    Financial Planning Themedian salary for financial planners was $55,100 in a recent survey. The salary distribution in this business is highly skewed. 90th percentile salary in financial planning was in excess of $150,000
  • 17.
    Financial Planning Facts/TrendsFinancial planning is hot and high growth is expected. CFP Can Help as a Financial Planner High Net Worth Individuals are a Key Target Get Involved in local chapters of financial planner organizations
  • 18.
    Financial Planning SkillsKey Skill Area Requirement People skills: High Sales skills: Medium Communication skills: High Analytical skills: Medium Ability to synthesize: High Creative ability: Medium Initiative: Medium Work hours: 25-65/week
  • 19.
    INSURANCE Determining whoto insure, what risks are acceptable, and how much to charge for insurance.
  • 20.
    Insurance Jobs Actuary Agent and Broker Claims Adjuster Service Representatives Loss Control Specialist Risk Manager Underwriter
  • 21.
    Insurance Career TypicalSalary Actuary $28,300-65,500 Agent/Broker $14,900-58,700 Claims Adjuster $24,500-42,000 Underwriter $25,000-61,000
  • 22.
    Money Management Moneymanagers hold stocks and bonds for institutional clients and are on the buy side of Wall Street. Analyze market trends. Some money managers use the latest sophisticated quantitative techniques while others do very well using simple intuition.
  • 23.
    Money Management JobsPortfolio Manager Portfolio Management Marketing Investment Advisory Mutual Fund Analyst Hedge Fund Trader
  • 24.
    Money Management SkillsKey Skill Area Requirement People skills :Medium Sales skills :Medium Communication skills :Medium Analytical skills :High Ability to synthesize :High Creative ability :Medium Initiative :Medium Work hours :55-75/week
  • 25.
    Money Management FactsWork on the other side of the fence from the investment banks. (the Buy side) Broad Understanding of Business Crucial. Must be Able to Take Risk You have to Hang in There. Have a Strategy to Break Into Business More Humane than Investment Banking
  • 26.
    Money Management SalariesStarting analyst positions for undergraduates at leading mutual funds, pension funds, and bank trust departments have salaries in the neighborhood of $30,000 to $50,000. Equity portfolio managers $60,000-150,000
  • 27.
    Real Estate ResidentialReal Estate Agent/Broker Commercial Real Estate Sales Real Estate Appraisal Property Management Real Estate Advisory Real Estate Entrepreneur Development and Construction
  • 28.
    Real Estate JobsNone require a degree; however, all require that you be licensed and that you have continuing education each year.
  • 29.
    Real Estate SalariesVary depending on type of job. Typical real estate agent in a small firm can make about $60,000 gross if he/she works about 35 hours per week. Since most are sales types of jobs, upside potential is unlimited.