Business Insider BlogsBusiness Insider Blogs
Aa
  • Business
  • CV
  • E-Commerce
  • Finance
  • Marketing
  • Markets Insider
  • Real Estate
  • Sports
Reading: are finance degrees worth it
Share
Aa
Business Insider BlogsBusiness Insider Blogs
  • Business
  • CV
  • E-Commerce
  • Finance
  • Marketing
  • Markets Insider
  • Real Estate
  • Sports
Search
  • Business
  • CV
  • E-Commerce
  • Finance
  • Marketing
  • Markets Insider
  • Real Estate
  • Sports
Follow US
Business Insider Blogs > Blog > Finance > are finance degrees worth it
are finance degrees worth it
Finance

are finance degrees worth it

businessinsiderblogs
Last updated: 2022/12/20 at 2:55 PM
businessinsiderblogs Published December 20, 2022
Share
SHARE

are finance degrees worth it – Finances are not always about money. A Business Insider report found that Gen Zeds want to work for a company that shares their values ​​. As societal priorities and technology have evolved, so has the world of finance. So what does a career in finance look like in the 21st century?

Contents
Jobs You Can Get With a Finance Degree1. Fintech business analysis2. Analysis of impact investments3. Financial analysis4. Commercial banking5. Analysis of subsidies and fundraising6. Financial advice7. Accounting and auditingWhy should you get a finance degree?

Table of Contents

  • Jobs You Can Get With a Finance Degree
  • 1. Fintech business analysis
  • 2. Analysis of impact investments
  • 3. Financial analysis
  • 4. Commercial banking
  • 5. Analysis of subsidies and fundraising
  • 6. Financial advice
  • 7. Accounting and auditing
  • Why should you get a finance degree?

Jobs You Can Get With a Finance Degree

Below you’ll find career paths in finance that will have staying power in the 21st century, even as new technologies and societal values ​​bring change to our lives. All salaries are average base salaries as reported by Indeed.

1. Fintech business analysis

New technologies and consumer desire for transparent products have led to tremendous growth in financial technology, known as fintech, companies in the twenty-first century  Fintech encompasses a wide range of foodstuffs, but primarily refers to technology that automates and digitizes financial services. Fintech companies provide customer-facing services such as digital banking and business lending, and also work with traditional financial institutions to modernize technologies.

These companies often look for business analysts who are well versed in the financial world. If you’re interested in finch, give yourself a competitive advantage by gaining experience in business operations or data analysis .

  • Average salary in business analysis: 12,227 MXN

2. Analysis of impact investments

Impact investing and the closely related socially responsible investing (SRI) are growth investing methods through which investors place funds in companies or projects that align with their values. Investors in these areas filter the portfolios of such companies looking for companies that clients view as socially damaging or working to alleviate a social problem.

As an analyst, you may work for companies that focus on responsible investing or in the impact investing arm of traditional financial organizations such as banks or mutual funds. According to a survey by the Global Impact Investing Network, this field has grown rapidly in recent years. It is estimated that the current market for impact investing is a total of 715,000 million Mexican pesos (15 trillion Mexican pesos)

  • Impact Investment Analyst Average Salary: 162,714 MXN

3. Financial analysis

Financial analysts analyze information to help investors make sound decisions. These people work for large investment organizations like banks, or for companies looking for new business or investment opportunities. As a professional in financial analysis, you’ll study the big picture, such as market trends or competitor movement, and design models to predict sales or the outcomes of business decisions.

You will be able to play a fundamental role in different sectors such as the media, biotechnology and information technology (IT). This is a professional and versatile career where you can enter new growth industries. According to Love Mondays, a platform in which different professionals evaluate the companies in which they work, it carried out a study in which it analyzed more than 99,000 salaries in order to determine which are the best-paid professions in Mexico. According to that study, one One of the positions with the best salary in Mexico is that of financial analyst

  • Average salary in financial analysis: 23,333 MXN per month

4. Commercial banking

The commercial banking industry has undergone great changes in recent years. It embraced digital technologies to improve services while spawning new players in finch. However, commercial banking still plays a vital role in communities. As gatekeepers to financial products like commercial loans or mortgages, the commercial banking field plays an active role in local economic health.

As a relationship management, credit bureau, or development professional, you will work directly with clients to assess their financial situations and provide them with the right financial products. If you are interested in how finance influences daily life around you, enter the field of commercial banking, which continues to be an important player in the financial world.

  • Average salary in a relationship management position: 12,574 MXN per month

5. Analysis of subsidies and fundraising

Grant analysis helps nonprofits plan budgets, ensure compliance, and identify trends to guide decision making. Because nonprofit organizations are separate legal entities from businesses, you’ll need a specialized understanding of accounting skills.

The nonprofit sector is growing. A report by the Jalisco State Human Rights Commission found that the number of civil society organizations has grown substantially after the 1985 earthquake. In 2013 and 2014 there were around 30,000 new registrations. According to Andosol records, around 70 percent are currently active. It is not easy to make numerical contrasts with other nations due to the lack of precise data, but Mexico is still far from countries like Argentina or Brazil that register between 100,000 and 350,000 civil society organizations

  • Average salary in fundraising: 12,063 MXN per month

6. Financial advice

As a financial advisory professional, you will guide clients to achieve their short- and long-term financial goals. You will advise your clients on how to structure their investments or prepare a plan to pay for the education of their dependents. With stable clients and a good reputation, you can have the flexibility to set your own hours later in your career.

Personal finance consulting can be a rewarding profession, with a great opportunity to interact personally with your clients and help people navigate what can be a confusing industry. The prospects for this job are strong. According to the Natixis Investment Managers’ 2022 Financial Professionals survey, despite a challenging environment in terms of stocks, bonds and inflation, financial professionals globally believe that their sector could grow in the coming year, financial advisers from Latin America expect growth at a rate of 5% and those based in Mexico at 10%

  • Average salary in financial advisory: 9,140 MXN per month

7. Accounting and auditing

Accounting and auditing professionals ensure that an organization’s finances are accurate and comply with state and local laws and regulations. An accountant may also prepare financial statements or file taxes. Accountants and auditors may work within a company or for an accounting firm that contracts their services for clients.

Accountants are needed in many industries, including healthcare, government, and entertainment. Such versatility makes accounting a stable career choice, even as factors such as the economy and technology produce drastic changes in certain industries. According to the STPS, 8.9 million professionals have a job, they are concentrated in 3 areas: accounting, law, administration and business management

  • Average salary in audits: 188,885 MXN per year

Why should you get a finance degree?

With a finance degree, you could get a job in accounting, statistics, and economics, and you can train for a career in money management in a variety of ways. Finance is the key aspect of most organizations, both in the public and private sectors. It is a versatile field and in constant demand in many industries.

With a background in finance you will reach careers with significant financial rewards, which is not the only advantage. Finance also drives the economy. Banking institutions offer essential loans to small businesses. They can also serve as a guide for financial planning to create plans for young families to save for their education. Similarly, smart investments allow people to retire without much worry. This is why finance in the right hands can be a powerful force for innovation, prosperity and social benefit.

You Might Also Like

are finance charges the same as interest

are finance and accounting the same

finance jobs in demand are

are finance majors happy

are finance degrees hard

businessinsiderblogs December 20, 2022
Share this Article
Facebook Twitter Email Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
Facebook Like
Twitter Follow
Youtube Subscribe
Telegram Follow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]
Popular News
How sports betting works
SportsUncategorized

How sports betting works

businessinsiderblogs businessinsiderblogs December 20, 2022
how does insider trading affect market efficiency
Growing a few centimeters is possible if you practice these sports
will e commerce continue to grow
Traditional trade vs. electronic commerce
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics

Categories

  • Business
  • CV
  • E-commerce
  • Finance
  • Marketing
  • Markets Insider
  • Real Estate
  • Sports

About US

We influence 20 million users and is the number one business and technology news network on the planet.

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]

© All Rights Reserved By Business Insider Blogs

  • Blog
  • About Us
  • Write For Us
  • Privacy Policy

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?