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Careers in Finance. Corporate Finance Commercial BankingFinancial Planning Insurance Investment Banking Money Management Real Estate . Corporate Finance. Work for a company to help it find money to run the businessGrow the businessMake acquisitionsPlan for firm's financial futureManage any cash on hand. .
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1. Finance Careers Information presented is from http://www.careers-in-finance.com
3. Corporate Finance Work for a company to help it find money to run the business
Grow the business
Make acquisitions
Plan for firms financial future
Manage any cash on hand.
4. Corporate Finance Careers Financial Analyst
Credit Manager
Cash Manager
Treasurer
Benefits Officer
Controller
Investor Relations Officers
5. 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
6. 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.
7. 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.
8. Commercial Banking Credit Analyst
Loan Officer
Branch Manager
Trust Officer
Mortgage Banker
9. Commercial Banking Job Level Salary Degree/Exp
Trainee/cr analyst $27,000 Bachelors
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 Help companies & governments issue securities
Help investors purchase securities, manage financial assets, trade securities.
Provide financial advice
11. Investment Banking Mergers and Acquisitions
Project Finance
Trading Securities
Derivatives
12. 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
13. 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
14. 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
15. 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.
16. 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
17. 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
18. 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
19. INSURANCE Determining who to 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 Typical Salary
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 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.
23. Money Management Jobs Portfolio Manager
Portfolio Management Marketing
Investment Advisory
Mutual Fund Analyst
Hedge Fund Trader
24. 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
25. 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
26. 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
27. 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
28. Real Estate Jobs None require a degree; however, all require that you be licensed and that you have continuing education each year.
29. 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.