Top Paying Entry-Level Finance Jobs in 2022
Are you adept with the maths and figures but unsure what course or degree to take? A career in accounting or finance could be a good match for your talents and interests with an excellent education and a solid career path.
Accounting and finance jobs are low unemployment, and the number of open positions is anticipated to increase by a greater rate than the average job. The fields of finance and business are expected to expand by 8 percent per year by 2030, adding 750,800 more jobs.
The best method to land an entry-level finance position is with an equivalent bachelor’s degree like a BS in Finance or Accounting Management. It is possible to find basic accounting positions which don’t require a college degree. However, the degree will give you more money and an edge in the market. Learn more about the qualifications employers look for in their candidates and the lucrative jobs that you could be able to get.
Skills Needed for Finance and Accounting Jobs
Achieving success in finance requires a blend of unique abilities. Candidates need to be aware of accounting principles and the fundamentals of financial administration. Professionals should also show an ongoing commitment to learning to stay current and keep abreast of the ever-changing trends in banking technology. Candidates who are the most competent possess excellent interpersonal and communication abilities. Certain financial positions require candidates to be flexible in their touch and able to explain difficult-to-understand terminology to their clients while communicating complicated financial statements with colleagues.
Top Entry-Level Finance Jobs for 2022
A degree in accounting or finance will open up a variety of career options following the completion of your studies. Indeed the bachelor of Science in Finance is one of the most sought-after degrees that could lead to the most lucrative careers in 2021. Here are eight of the highest-paying finance jobs for entry-level employees.
Financial Manager
Jobs Outlook Growth of 17% (Much more than the average)
The typical job requirements are: A financial manager is responsible for financial health. The people in this profession make financial statements and develop strategies for the long-term objectives and development of the company. People who wish to become financial managers stand the best chance of getting a job. This career field is highly sought-after, with more than 23,000 applicants recruited every month from the pool of candidates.
Personal Finance Advisor
Jobs Outlook Growth of 5% (Slower than the average)
The typical requirements for a job are: Personal financial advisors work in various areas, from investment and college savings, life insurance, estate planning, taxes, and retirement, to personal assistance with budgeting. To get a job at an entry-level with a bachelor’s degree, a bachelor’s degree in accounting or finance is the best choice. To advance in the ranks, an MBA or an MBA will help.
Management Analyst
Employment Outlook Growth of 14% (Much higher than average)
The typical job requirements are: Sometimes called management consultants. The main job is to boost efficiency in a company. Analysts who work in this field analyze the company’s weaknesses or ineffective processes and develop strategies for improvement. A bachelor’s degree in finance is required; however, having a CMC certification makes individuals more competitive and work-ready.
Financial Analyst
Employment Outlook Growth of 6% (As as fast as an average)
The typical requirements for a job are: Financial analysts stay abreast of the latest economic developments to assist businesses and customers on the best way to make investments and diversify their portfolios. Financial analysts also evaluate the value of a business and potential risks to the financial health of the company and its prospects.
Financial Examiner
Employment Outlook 19% increase (Much more than the average)
Standard Job Requirements: Financial examiners keep financial institutions, including banks, legally and legally. They ensure that banks are compliant regarding their activities and transactions. They also have responsibility for risk management, making sure that the banks provide safe loans and that banks keep enough cash in their accounts to handle any unexpected losses.
Budget Analyst
Employment Outlook for the Year: Growth of 5% (Slower than the average)
Standard Job Requirements: Budget analysts help public and private institutions, including universities and government agencies, to manage their financial affairs. Budget analysts are accountable for ensuring that budget plans are correct and comply with legislation and regulations.
Accountant
Employment Outlook for the Year: 7 percent growth (As as fast as an average)
Standard Job Requirements: An accountant ensures that an individual’s or business’s tax records are correct and adequately handled. The busiest time for accountants is in the tax season, and it’s common for those employed in this profession to put in several overtime hours before the deadline of April 15.
Loan Officer
Employment Outlook for the Year: 11% increase (Little to no changes)
Standard Job Requirements: Using a process called underwriting, loan officers review and approve loan approvals for businesses or individuals. This is one of the jobs where the amount of pay can be wildly different based on the type of work–i.e., commercial loan officer or the consumer loan officer. Many loan officers earn many times more by commissions or bonuses.
Finance Jobs Continue to Grow
Accounting and finance jobs have been a favorite choice for a long time and are continuing to expand. As the globalization of finance and technology grow and evolve, the need for experienced financial specialists will never decrease. Although most finance companies, including investment and banks, employ individuals with these job names, all companies in all sectors require qualified financial professionals. A finance or accounting degree could help you build an enjoyable and secure job in finance, investing, and business.
In contrast to other degrees offered online, Northeastern’s distinctive experiential learning model enables students to complete their studies with an experience with the diploma.