Skills of Holders of Advanced Finance Certificates
Holders of finance certificates develop analytical skills to analyze financial data and assess the financial health of companies, municipalities, and other entities. They can evaluate both quantitative and qualitative dimensions of business problems and assess the financial implications of corporate and individual actions.
Top 10 Jobs for Finance Certificate Holders
Here are some options you might consider while exploring jobs related to finance certification:
Financial Planner
Finance certificate holders learn about a variety of investment vehicles, and this knowledge can help financial planners advise clients on how to manage their money. Finance certificate holders can decipher trends in financial markets and apply this insight in their planning sessions.
Salary and Job Outlook: According to the Bureau of Labor Statistics (BLS), personal financial advisors had a median salary of $94,170 in 2021, and employment is expected to grow by 5% by 2030.
Financial Analyst
Financial analysts conduct research on stocks, bonds, companies, and industries to assist bankers, investors, and corporate finance officers in mergers and acquisitions, stock/bond offerings, as well as corporate expansion and restructuring. They can leverage their finance training to analyze financial data and other financial metrics.
Salary and Job Outlook: Financial analysts earned a median salary of $81,410 in 2021, and employment is projected to grow by 6% by 2030.
Investor Relations Officer
Finance certificate holders with strong writing, organizational, and communication skills can succeed in this role. Investor relations professionals prepare and deliver financial information about their company or client companies to investors, analysts, and the business media.
Salary: The median base salary for senior investor relations professionals was approximately $250,000 in 2019, according to a survey by Korn Ferry and the National Investor Relations Institute. The average salaries for entry-level analyst positions and junior managers in this field were around $140,000.
Budget Analyst
Budget analysts apply finance principles to projects and proposals across commercial, educational, governmental, and nonprofit sectors. They analyze budgets and assess the financial impact of continuing existing projects and launching new initiatives.
Budget analysts must possess strong communication skills as they conduct interviews with managers to gather information for proposals. They also train employees regarding their organization’s budgeting processes. Finance certificate holders develop the analytical and communication skills necessary to become successful budget analysts.
Salary and Job Outlook: Budget analysts earned a median salary of $79,940 in 2021, and employment is expected to grow by approximately 5% by 2030.
Actuary
Actuaries play a key role in financial companies such as insurance, banking, rating agencies, and accounting firms. Finance certificate holders with strong mathematical skills are well-positioned to calculate the probabilities of various events and evaluate the financial consequences of those outcomes.
Like finance certificate holders, actuaries manipulate software to perform calculations and represent their results. They present their recommendations to managers in their company and persuade others of the soundness of their decisions.
Salary and Job Outlook: Actuaries earned a median salary of $105,900 in 2021, and employment is expected to grow at a much faster than average rate of 24% by 2030.
Accountant
Finance certificate holders learn to build, interpret, and review financial statements while completing their accounting coursework. Thus, they become capable of performing complex accounting tasks in the financial industries. Finance students develop a range of accounting skills as they learn to analyze business problems with precision and attention to detail, preparing them for the accounting world. Similar to accountants, finance certificate holders learn to present financial information to clients and colleagues using charts, graphs, and other visual aids.
Note: Entry-level accounting jobs can serve as a gateway to corporate finance management roles or leadership positions in nonprofit organizations and government agencies.
Salary
The job outlook: Accountants earned an average salary of $77,250 in 2021, and employment is expected to grow by 7% by 2030.
Credit Analyst
Credit analysts evaluate the financial status of loan applicants and assess the risks associated with providing financing to them. Finance degree holders learn to assess the financial capability of entities and interpret their financial records and statements. Finance degree holders with credit analysis skills can extract information from potential clients and communicate their analyses to colleagues.
Note: Finance degree holders analyze trends in industries that may affect the ability of institutions to generate the income needed to repay loans.
Salary: According to the Bureau of Labor Statistics (BLS), credit analysts earned an average salary of $77,440 in 2021. Employment in this field is expected to decline by 6% by 2030.
Lawyer
Lawyers in many areas of practice, including divorce, product liability, civil litigation, corporate law, labor, and securities law, benefit from financial knowledge. Lawyers investigating financial anomalies must read and understand financial statements. Lawyers in civil cases need the skills to estimate appropriate compensation for settlements.
The research and analytical skills developed by finance degree holders enable lawyers to prepare their cases. Presentation skills and knowledge of financial presentation software help lawyers articulate arguments and prepare exhibits.
Salary and job outlook: Lawyers earned an average salary of $127,990 in 2021, and employment is expected to grow by about 9% by 2030.
Commercial Real Estate Agent
Finance degree holders with strong verbal skills and a sales orientation should consider a career as a commercial real estate agent. Commercial real estate agents analyze clients’ business plans and financial situations to recommend suitable locations for their projects.
When listing a property, brokers must estimate the property’s value based on its financial potential for prospective buyers. Agents advise clients on financing options for property acquisitions and launching new businesses.
Salary: Real estate agents earned an average salary of $48,340 in 2021. However, real estate agents earn the bulk of their income from commissions, and these commissions can vary based on the type of property and the parties involved.
Business Teacher
Finance degree holders enhance essential communication and presentation skills that are vital for a teaching career. Business teachers draw on their extensive business knowledge while teaching high school students the fundamentals of accounting, management, marketing, and investments.
Finance degree holders who are curious about the business world and passionate about business issues are well-suited for this role. Those who earn advanced degrees in business may also pursue teaching positions at colleges and four-year schools.
Salary: Business teachers in higher education earned an average salary of $94,360 in 2021. This is approximately $15,000 more than the average pay for all higher education teachers.
Frequently Asked Questions
What are the highest paying jobs for finance degree holders?
Top jobs include
Source: https://www.thebalancemoney.com/top-jobs-for-finance-majors-2064048
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