When thinking about what to do with a masters in finance, starting with jobs you’re qualified for can be daunting. We have millions of financial professionals in the world, and your resume having a specific job title may not stand out to potential employers. Having said that, it’s possible to narrow down your search for jobs by asking yourself what one or two job titles you have held.
If you’re looking for a job in finance, you know that a masters degree can be a great help. But what kinds of jobs will it open up to you?
In general, having an advanced degree makes it easier to find work in the field of your choice, but not all areas are created equal. If your end goal is to work in finance or management, then a master’s degree in finance will give you an edge over other job candidates who don’t have one.
But if you’re looking to become a financial analyst or trader, then there are other options besides a masters program. You could consider taking classes at an online university or simply completing some self-study courses on financial theory and practice through online resources like Khan Academy or MIT Open Courseware.
The good news is that most employers don’t require any specific type of degree when hiring for entry-level positions such as analyst or trader; however, they do look for candidates who have demonstrated knowledge about certain topics including accounting principles and financial statements analysis techniques among others before making their final decision about which candidate should get hired for such roles.”
What jobs can you get with a masters in finance
Introduction
It can be hard to tell what jobs you’ll qualify for once you’ve completed your master’s in finance degree. But don’t worry! The job market is ripe with opportunity for people with your skillset, and we’re here to break it down for you. Keep reading to learn more about the different job options available to someone with a master’s degree in finance—and how much those jobs might pay.
Financial Service Sales Agent
A financial service sales agent is a person who sells financial services products to clients. A salesperson in the financial services industry is usually employed by a bank, credit union or other financial institution and works directly with customers to provide information about and sell loan, deposit and other financial products. The salary for this position varies depending on experience level and geographical area.
Chartered Financial Analyst (CFA)
Chartered Financial Analyst (CFA) is the highest level of accreditation offered to financial analysts and is held by only 1 percent of the global investment management industry. It’s a three-level program and requires time, dedication, and hard work.
The CFA designation serves as a job skill—it’s not just something you can do on your own time. If you want to be an analyst but don’t want to pursue an MBA or Ph.D., this is a great option that could open up doors for you in finance or related fields such as accounting or data science.
Financial Planning Associate
Financial Planning Associates
If you’re interested in working with clients and helping them with their finances, a financial planning associate position might be just what you’re looking for. These positions are often the first point of contact for clients who have an investment portfolio or other financial needs. You’ll help them manage their investments, create budgets, and set up retirement plans. It’s important to see these roles as more than just back office support—they require expertise in areas like insurance and budgeting too!
Investment Banking Associate
The investment banking associate position is a great entry-level job for finance grads who want to learn the ropes of investment banking. You’ll be involved in all aspects of investment banking, including mergers and acquisitions, initial public offerings (IPOs), debt and equity underwriting, and corporate restructuring.
Commercial Loan Officer
Commercial loan officers are responsible for evaluating and processing applications for loans. In addition, they may be tasked with maintaining records of the loan application process, processing monthly payments and collecting on delinquent accounts.
The requirements you need to become a commercial loan officer vary depending on the company that hires you. Many commercial banks require at least two years of experience in financial administration or working at another field with an accounting component such as public accounting. Other companies prefer graduates from accredited MBA programs with internships focused specifically on lending and finance. Some employers might ask that you have a college degree or even an advanced degree before applying for jobs as a commercial loan officer (which can help improve your chances).
Pros: You’re helping businesses succeed by providing them with financing options when times are tough; there’s no better feeling than closing a deal! Working with numbers also means that most days will be spent indoors so it doesn’t matter if it’s raining outside or snowing—you’ll still enjoy great weather year-round! And finally all those late nights studying will pay off because this job is one of few where you’ll earn a lot more money than other recent graduates making around $55k annually after 3 years experience (according to our data) but trust me–it’s worth every penny! Cons: There’s always room for improvement so even though commercial banks know how important their employees’ lives outside work are (they do allow flexible schedules), sometimes those deadlines come fast too fast which makes balancing work-life balance difficult especially when combined with long hours away from home during tax season when everyone else has gone back home already..
Financial Risk Manager
Financial risk managers are responsible for making decisions about an organization’s investments and risks. They are usually the first to notice new trends in the economy, which means they need to be able to spot trends quickly and effectively. This can come from analyzing data, applying statistical methods, or simply being aware of current events.
Financial risk managers need strong analytical skills and problem-solving abilities. They must also be able to communicate effectively with people outside their own departments, such as business owners or investors who have different goals than financial analysts do (such as profit).
The job outlook is positive because there will always be a demand for people with experience managing large amounts of money or other assets—especially if they know how best to invest them wisely! The average salary range is $50k-$130k depending on where you live and what kind of company you work with; however it could go up even higher if your employer is well-funded by investors who want you around all day long (and night too).
Corporate Financial Analyst
A corporate financial analyst is a person who works with a company’s senior management, and sometimes the board of directors, to help them make decisions about finances. They may help develop budgets for the company and provide advice on investments or other capital expenditures.
The job description for a corporate financial analyst is fairly broad—it can include anything from calculating future cash flows to managing large-scale mergers and acquisitions (M&A). Corporate financial analysts often have excellent computer skills as well; they typically need at least an undergraduate degree in finance or accounting, but advanced degrees are common in this field as well.
Salary range: $50-$100K+
Skills required: Data analysis skills; Excel proficiency; Data visualization tools such as Power BI, Tableau, and QlikView; Advanced knowledge of accounting principles (GAAP) required
Portfolio Manager
A portfolio manager is an individual who is responsible for managing the investment portfolios of individual and institutional investors. A portfolio manager works with a variety of asset classes, including stocks, bonds, commodities and other derivatives.
Fund Manager/Equity Research Analyst
It is important to note that the fund manager position requires a lot of skill and experience, while the equity research analyst position requires some skill and experience.
Both jobs require a master’s degree, however. Because these positions are so competitive, having a bachelor’s degree in finance can be beneficial as well.
Stock Broker
If you want to become a stockbroker, you must first have a relevant bachelor’s degree. You will then need to take the Series 7 exam before becoming licensed as an investment advisor. This test is overseen by the Financial Industry Regulatory Authority (FINRA).
In order to take this test, you’ll need to obtain a series 6 license from FINRA before sitting for it. The cost for both tests is $219 each and includes study materials and practice exams; however, some states may require additional fees for state licenses or registration fees with FINRA itself (which can be upwards of $100 per year).
Notes on the Job Market for MS in Finance Grads
As you can see, the job market for MS in finance grads is strong. The employment rate for this field is expected to increase by about 9 percent over the next four years, according to the Bureau of Labor Statistics (BLS). While there are jobs available now, it’s important that you have a realistic view of what kinds of employment opportunities are available and where they are located. You may need to look at several cities or even states before finding an employer willing to hire someone with your degree.
There are great jobs for you to get with a master’s in finance; you just need to know where to look.
There are great jobs for you to get with a master’s in finance; you just need to know where to look.
It is important that you understand what kind of job you want before starting your search. Think about what type of job would be best for your personality. Do you enjoy working with people? Are there certain things that excite or interest you more than others? Do some research on the different types of jobs available and find out which ones are most suited to your interests and skillset.
You should also think about the level at which you want to work: do I want an entry-level position or do I want something higher up? Remember, if this career path is right for me then there will be opportunities at all levels as long as I am persistent enough!
Conclusion
We hope this article has been helpful in providing information to those who are interested in starting careers with a master’s degree in finance. Feel free to contact us if you have any questions or comments about what’s written here.