Why a Career in Finance Might Be Right For You
- by Anthony Collins
- 446
Finance is an expansive field that encompasses an array of activities centered on managing money. This could range from tracking your monthly expenses, creating a business budget/forecast, or even analyzing an investment’s viability – and more! Finance covers three main categories: personal, public and corporate (or business).
Personal finances is an area that most of us are familiar with. This encompasses activities related to money management such as spending and saving; investing; risky speculation (like purchasing stocks that could or might increase in value); etc.
Financial analysts who evaluate trends and make recommendations for companies are part of this category, as are financial analysts. Corporate finance encompasses facilitating global money flow within an organization–creating funds for purchasing equipment, investing in production lines and paying salaries to employees as well as overseeing debt and equity management of the business.
Finance encompasses more than just domestic markets – it also encompasses international finance – the study of how money moves between nations and across international markets, known as international finance. Areas of study may include currency exchange rates, global capital flows, foreign investments and international trade – areas that could greatly benefit any number of companies from having experts on board who specialize in this constantly-evolving field of finance.
Financial careers offer intellectual stimulation and competitive compensation; making them attractive options for many professionals.
Finance is the foundation of everything from your personal to national economies. It provides businesses with funds for product production and employee hiring while consumers use their incomes responsibly and governments collect taxes to fund beneficial projects that help society.
So if you want to explore how money works and its language, a bachelor’s degree in finance could provide the basis for greater explorations such as taking the chartered financial analyst exam – an intensive self-study program leading to internationally recognized credentials – before transitioning into master’s degrees such as business administration (MBA) or other specializations. There are various routes into financial careers; do your research carefully when selecting which path best fits you; just remember that more knowledge will bring greater rewards! Best of luck on your endeavors!
Finance is an expansive field that encompasses an array of activities centered on managing money. This could range from tracking your monthly expenses, creating a business budget/forecast, or even analyzing an investment’s viability – and more! Finance covers three main categories: personal, public and corporate (or business). Personal finances is an area that most of…
Finance is an expansive field that encompasses an array of activities centered on managing money. This could range from tracking your monthly expenses, creating a business budget/forecast, or even analyzing an investment’s viability – and more! Finance covers three main categories: personal, public and corporate (or business). Personal finances is an area that most of…