A career in financial management is just like any other with potentials that can be tapped by only those with broad understanding of the profession. I vividly remember the question that my father asked me when I told him of my interest in financial management. He asked me to list at least 10 lucrative career prospects in the field of financial management. This proved to be a very difficult question to me then as I was ill informed to answer that question then.
The main motive behind writing of this article is that a lot of young people that would have contributed positively to the broad field of managerial finance have been literarily talked out of the field by people from outside the field. I supposed you got to this webpage by making a search inquiring into the job/ employment opportunities in financial management. If that is the case, then relax and read on as you will discover some answers to the question.
FINANCIAL MANAGERS AND FINANCIAL ENGINEERS COMPARED
For the purpose of this article, both financial engineers and financial managers will be taken to be the same thing. However, there is a distinction between the two fields in the academic world. According to the academia, while a financial engineer constantly and scientifically tweaks existing financial products to come up with new appealing products and services, a financial manager’s main duty is to execute the finance functions of a business. Like I pointed out earlier on, this distinction is non existence in practice.
FINANCIAL MANAGEMENT CAREER OPPORTUNITIES
- 1. FUND MANAGERS
- 2. INVESTMENT ANALYSTS/ ADVISORS
- 3. DAY TRADERS
- 4. EQUITY ANALYSTS
- 5. CREDIT ANALYSTS
- 6. EDUCATOR/ TEACHER
- 7. RISK MANAGER
- 8. FINANCIAL PLANNER
- 9. BUSINESS OWNER
You will no doubt agree with me that these are all fulfilling and challenging career opportunities for all aspiring financial management and financial engineering professionals. Good luck in your quest to choose a career in one of the most lucrative and rewarding professions.