A broader industry than accounting, jobs in finance generally imply dealing with financial matters within a company setting or outside financial services group, and work as a financial umbrella. Most finance jobs require a bachelor’s degree or higher, but as the competition gets narrower the higher up the ladder, a master’s degree in economics or business administration is looked highly upon.
Some of the more entry-level financial jobs that do not require a college degree include collections and billing. Almost one quarter of all collections and billing jobs are within a collections agency, with the other three-quarters found in hospitals, government agencies, banks, retail stores and more. Due to the nature of the economy, billing and collections jobs are expected to grow to 23 percent by 2016 (according to the Bureau of Labor Statistics).
Financial analyst jobs exist in order to help companies and individuals make wise investment decisions. Almost one third of financial analysts are self-employed, while the others work for investment banks, securities firms and insurance companies. The individual advisor will generally work on the buy or sell side, purchasing investments for the company portfolio or helping to sell products for securities dealers, respectively.
Financial controller jobs are some of the highest paying positions within the financial industry. Controller jobs delve into financial reports that need to be prepared, including balance sheets and income statements, Controllers are often in charge of special reporting for regulatory services, as well as supervising the accounting or finance department within the company.
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