Resource to help to take your finance and banking careers to the next level | CFI (2024)

FAQs

What are the three main areas of career opportunities in finance? ›

In the field of finance, there are three main categories of the industry: public, corporate, and personal. From financial planning to investment banking to insurance, people who pursue careers in finance power the world.

Example for finance professionals: Strength: attention to detail Example: "At my previous job, I was responsible for analyzing financial reports. My attention to detail helped me identify a recurring error that, once corrected, saved the company over $50,000 annually."

"I'm a finance professional with over ten years of experience in investment banking. In my current role, I oversee a team of analysts and have successfully completed numerous high-value transactions. I'm excited to bring my expertise to a new company and help drive success.

Sample answer 3:

I pursued an MBA in finance which has equipped me with technical knowledge and a strong foundation to qualify for this job. I understand the industry trends, and I believe I have the right acumen for this job. I'm keen to use my knowledge and gain some more.

Finance is the management of money which includes investing, borrowing, lending, budgeting, saving and forecasting. There are four main areas of finance: banks, institutions, public accounting and corporate.

Finance degrees are generally considered to be challenging. In a program like this, students gain exposure to new concepts, from financial lingo to mathematical problems, so there can be a learning curve.

Finance skills are soft and hard skills that enable stakeholders to manage and navigate financial decision-making and problem-solving. Some common roles that require financial skills on a resume are: Accountants. Financial analysts.

Finance Job Titles Hierarchy

The leader of most finance teams is the Chief Financial Officer (CFO) and they report to the CEO. At smaller companies the top finance position might instead be the Vice President of Finance or Treasurer.

You don't need an MBA to work in finance, but the field is highly competitive, especially at the entry-level. Internships offer experience, exposure, and a tryout for a full-time gig.