"To contract new debts is not the way to pay old ones."
-George Washington
Every now and then, you must have heard of the above-mentioned saying that warns you to take a new loan to pay the old one. If this quote by George Washington is something that you resonate with, then finance might be the right career path for you. This could even be one of the topics you write about for your academic assignments. Read this write-up to know more about what it takes to start a career in finance. Along with that, you will learn about securing assignment help, maintaining excellent grades, and bagging internships.
A career in finance can mean different things to different people. For example, you could be interested in investment banking and, at the very same time, resent actuary. So, before you jump right into the vast ocean of finance, it's better to know what you will be dealing with. This write-up is the perfect place for you to start reading. It covers possible career paths, the process of getting a degree, and even how to manage your grades to increase your chances of getting hired by a top financial firm.
A Career in Finance: Know What You Will Be Signing Up for!
Finance is a significant and very competitive field. It undertakes multiple small shares under it. For example, along with money management, finance is concerned with the source of the cash also. Therefore you could divide finance into three categories:
- Public Finance
- Corporate Finance
- Personal Finance
These categories also have sub-divisions to cover every bit of financial aspect.
You will not only need to understand the basic principles of money management but also the attributes of raising capital and investing it. Once you have mastered it all, you could be working for the financial giants in the United Kingdom. Here is the list of the top ten financial firms in the UK:
- HSBC
- London Stock Exchange Group
- Prudential
- Barclays
- Lloyds Banking Group
- NatWest Group
- Standard Chartered
- Legal & General
- Aviva
- Schroders
That right there is a pretty lucrative motivation to turn your interest in finance into a full-blown career. But, apart from that, finance is a high-paying field and offers quick career placements.
Types of Career Opportunities in the Finance Sector
Are you unclear about the career opportunities that will open up for you after studying finance? Don't be this section will list down the most in-demand and promising job prospects that there are.
- Investment Banking
- a) Private Equity
- b) Mergers and Acquisitions
- c) Underwriting
- d) Venture Capital
- Actuary
- Portfolio Manager
- Quantitative Analyst
- Securities Trader
- a) Sell-side Traders
- b) Buy-side Traders
- c) Hedge Fund Traders
- Financial Planner
- Financial Analyst
- Economic Analyst
- Asset Management
- Risk Management
What Educational Qualifications Are Required?
If you realize early on that finance is your calling, it can help your manifolds. Deciding on courses will become easier, and there will be more avenues open for you. No doubt, all of that can be done at any age too. So here is the list of educational qualifications that are required to begin your career in finance.
- Bachelor's Degree
- Master's Degree
- Specialty Courses
A bachelor's degree in finance is the most basic requirement of employers in the UK. Apart from that, an MBA in finance is the new hot course for students interested in establishing a career in finance. The more specialized the courses pursued by the candidate, the more desirable they become to the companies. So, find the facet of finance that interests you the most and acquire the knowledge in that direction. You will definitely end up in a better place that satisfies your curiosities and suits your passion.
Top ten universities that offer great finance courses:
- University of Glasgow
- London School of Economics
- University of Bolton
- Aberystwyth University
- University of Bath
- University College London
- University of Leeds
- University of Strathclyde
- University of Warwick
- University of Exeter
What You Need to Do?
There is no hard and fast rule when it comes to taking up any profession, be it finance or law, for that matter of fact. The general idea is that you must be well-versed in the field and know how to be operative in that territory. To jump-start a career in finance, you need to get the right degree. And this will get the ball rolling. During that course, take up a few internships and learn the industry's working style. Try to keep up your grades and do well in academics. You can easily get help with finance assignment through native academic writing service providers. By the end of your degree program, you will be clear about your interest. After that, you can choose to get a specialty course done or take up a job.
The Bottom Line
After reading this write-up, you now must be clear with what options are available to you. Follow your heart and do not shy away from taking risks. Just enroll in that degree course and focus on acquiring the required skills. You also have the option of availing of assignment help from leading academic service providers in the UK to maintain a high academic score. This will help you in building an excellent portfolio for prospective employers.
All the best!
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