Why should you Choose Finance as Career

Choosing a career is one of the most difficult tasks for many people. Factors including what a person enjoys doing, what he or she is good at, and how rewarding is a certain profession, all play an important role in deciding which career an individual would like to adopt. Few people take advice from career counselling and others do not as they are not comfortable with it.

Among the many professions, finance holds an important place in every country. And what exactly do I mean by finance? 

“Finance is defined as the management of money and includes activities such as investing, borrowing, lending, budgeting, saving, and forecasting.” 

(Source: corporatefinanceinstitute.com)

The above definition shows that finance includes dealing with the various matters involving money.

Mankind and finance share a long history. In every part of this world, humans are engaged in various activities, each being related to money one way or the other. As money forms a part of almost every aspect of our lives, be it personal or professional, the need for someone who can help people understand the best possible ways to deal with money cannot be highlighted enough.

This indicates that a great deal of importance is given to those who choose finance as their profession. For people who yet haven’t decided on a career, given below are some of the reasons why finance is a good option to choose as their profession. 

• A handsome pay 
• Demand
• Diversity of occupations 
• Opportunities to grow 
• Online courses 
• Flexible routine
• Personal benefits 

A Handsome Pay

Finance is one of the top paying careers, offering a very good pay to people right from the very start. Moreover, with a little bit of hard work, you can climb to higher posts and subsequently get your pay raised as well. 

Demand

People who opt finance as their profession find themselves very secure in terms of jobs as finance almost never goes out of trend. Even if you lose your job, it’s very unlikely for you to remain unemployed for too long.

Diversity in Occupations

There is a long list of occupations that you can choose from after studying finance. There are three main areas of finance including personal finance, corporate finance and last, but not the least, public finance.

Each of these further includes a number of career opportunities such as investment banking, financial analyst, credit analyst, loan officer, and so on. And, as the basic knowledge applied in each of these is the same, one can even jump from one career option to another.

Networking and Connections

An expert in finance gets to deal with people of all sorts of industries. This allows him to develop connections with people belonging to various sectors, letting him broaden his social circle.

Opportunities to Grow

Most agencies encourage their employees to further their studies and qualifications in finance and even provide sponsorship to help them grow and develop their career.

Online Courses

The availability of online courses makes it very attractive for many people to pursue finance as their profession. There are many authentic online websites offering degrees in finance that cost less as compared to when you physically enrol in some institute. 

Flexible Routine

A huge advantage for people working in the finance sector is that they can enjoy their private life without having their work interfere in it so much. Even though this field requires you to work a designated number of hours, it allows you to choose those hours for yourself. 

Personal Benefits

Once you develop expertise in finance, it gives you the ability to resolve your own money related issues. You can make sound decisions regarding your own finances without having to pay someone else for any advice. 

As a Result

Having finance as your career means studying about money, dealing with various issues regarding money, and earning money. It is a profession that pays you well even when you don’t put in too much effort while, on the other hand, if you work your way up this field, it guarantees you a handsome pay.

The benefits of becoming financially stable, getting a secure job, having so many occupational options to choose from, and being able to enjoy your private life alongside your work are just some of the factors that are pulling so many people towards choosing finance as their career.