What are the common Finance career paths?
The variety of jobs available within the finance sector varies considerably with opportunities open to both graduates and non-graduates alike. So if you considering a new career within this sector and are wondering what options are available to you regardless of whether you have a degree or not, here are a few ideas.
From here you will move into a specialist role such as card services or operational management before reaching the top of the banking tree as a Vice- then President of Chief Executive.
On the financial services side, one of the most popular career options is that of Financial Adviser. Advisers can move up to Senior level and various management position within the organisation. Account Clerks can qualify for Accounting Technician status before choosing from a number of different career paths, such as Internal Auditor, Finance Controller, Tax Analyst or Senior Auditor.
Another popular choice is that of an Actuary. Upon completing professional qualifications, Actuaries can then progress relatively quickly into a managerial role with some opting to specialise in key areas of life insurance, healthcare or risk management, for example.
Graduate trainees will often start off on a ‘fast-track’ training programme which may lead to a managerial position.
Qualified Bank Manager’s will then follow the Specialist-to-Vice-President career path. Investment Analysts will take the logical step to become a Fund Manager before moving into an Associate position and ultimately Vice President.
On the other side of the finance sector, newly qualified Accountants will invariably move into a Senior Accountant, Financial Controller or Auditor position before working towards Chartered status. Thereafter, there are opportunities to continue into a Finance Director role.
Each company will have its advantages and disadvantages and it is important for you to choose the type of company that is right for you, with the right level of career progression available