1. Financial Careers: Introduction
  2. Financial Careers: Qualifications and Credentials
  3. Financial Careers: Finance Employers
  4. Financial Careers: Investment Banking Jobs
  5. Financial Careers: Trading Jobs
  6. Financial Careers: Financial Advisory Jobs
  7. Financial Careers: Analytical Jobs
  8. Financial Careers: Financial Media Jobs
  9. Financial Careers: Analyst Jobs
  10. Financial Careers: Portfolio Management Jobs
  11. Financial Careers: Conclusion

Before we get into specific financial careers and their tasks and attributes, it will be helpful to look at some of the general background and qualifications that jobseekers in the financial industry may find useful. This chapter will include an overview of credentials and requirements needed for many roles in finance, including professional qualifications and licenses. We’ll also see which cities are common to most financial jobs as well as some of the resources that individual jobseekers can use to help them in their search. From there, the next few chapters will be able to get more in-depth and specific with regard to particular jobs in finance.

Requirements and Qualifications

Jobs in the finance industry are often extremely lucrative, and that means that they are in high demand. As a result, basic qualifications to first enter the industry are higher than for many other fields. Although there are always exceptions to the rule, in general, jobseekers should have an undergraduate college degree at minimum when looking for work in the financial industry. Beyond that, many finance industry jobholders have advanced degrees. These include MBAs perhaps first and foremost, but it’s not uncommon to find other master’s degrees and even PhDs in a variety of fields and areas. Beyond these education requirements, there are a number of finance-related professional designations and certifications that may be helpful as well. These include the designations of Chartered Financial Analyst (CFA), Certified Financial Planner (CFP), or Certified Public Accountant (CPA), as well as securities industry professional licenses like the Series 7 & Series 63 licenses which are issued by the Financial Industry Regulatory Authority (FINRA). In most cases, these designations and licenses require the completion of a course of study and the successful passing of one or more exams. To distinguish, designations (like CFA) are “resume boosters,” meaning that they are helpful in the job search but not specifically required, and licenses (like the Series 7) are legally required in order to participate in certain job areas.

Where to Find Finance Jobs

The financial world is large and, for the most part, global in nature. This means that there are finance jobs to be found in nearly every city around the world. Still, like other industries as well, finance jobs tend to be centered and concentrated in particular areas. Specifically, jobs in the financial industry are often found in cities which are commonly thought of as international financial centers: New York, London, Hong Kong, Shanghai, Dubai, and Zürich. Jobseekers who are native English speakers should keep in mind that many international jobs require foreign language skills as a requirement, although this is not always the case. Of course, it is also worth keeping in mind that finance job growth has been especially strong in developing market countries as well, particularly in the past several years. Further, many large banks and firms have branches in mid-sized cities around the world, and smaller institutions can be located just about anywhere. Corporate finance jobs are also often found outside of international financial centers. Nonetheless, the largest number of jobs are still to be found in big cities. (For more information on great cities for finance jobs check out Top 10 Cities For A Career In Finance.)

Resources for Finding Finance Jobs

There’s no denying that competition for finance jobs is typically quite fierce. However, there are tools and resources that can help a jobseeker with his or her search. Many finance industry professionals enter the field directly out of college or graduate school thanks to recruitment efforts at those schools. If you are still in school, seek out your university career office as a good resource for more information. If you’re out of school, or if you want to look for supplemental resources besides those available through your school, job postings can often be found on specialized sites for the industry, including efinancial.com, the CFA website, or a Bloomberg terminal. Social media is increasingly powerful as a tool for finding jobs and connecting with possible employers, and LinkedIn is particularly helpful in this area. Also, bear in mind that many financial companies work exclusively through recruiting agents when attempting to fill a position. Jobseekers would do well to connect with local recruiters, providing them with resumes and other information as needed in order to get connected with job opportunities. Finally, as with so many other industries, it should be noted that the most important element of most financial job searches is persistence.

Next up, we’ll look at more details of particular jobs in the finance field, beginning with finance employers.


Financial Careers: Finance Employers
Related Articles
  1. Personal Finance

    A Guide To Financial Careers

    We look at all of the jobs available in the finance sector, and the education and experience you need to get them.
  2. Small Business

    Business Grads, Land Your Dream Job

    Companies are in need of strategic candidates, not walking resumes. Find out how to set yourself apart from the pack and land the business career you've always wanted.
  3. Personal Finance

    Best Websites To Find A Job In Finance

    Using the right job boards for your industry can dramatically reduce the time it takes to find gainful employment. And hiring is on the rise right now.
  4. Personal Finance

    5 Tips for Finding Your Perfect Job Online

    With so many jobs being advertised online, it pays to know your way around an online job search. Here's what you need to know to find and land that dream job.
  5. Personal Finance

    Top 6 Overseas Cities For Finance Careers

    There are finance jobs around the globe, but some cities offer more opportunities than others. Here, in alphabetical order, are the top six.
  6. Insights

    Best U.S. Cities for Working in Finance Jobs

    What are the best U.S. cities for finance workers to live in? Here’s a list of 15, some of which will most likely surprise you.
  7. Personal Finance

    How to Land a Finance Job With a Bachelor's Degree

    Following these five tips will keep your resume out of the recycling bin.
  8. Financial Advisor

    10 Ways To a Finance Career With No Finance Degree

    These tips should enable a non-financial graduate to substantially improve his or her chances of launching a career in finance.
  9. Personal Finance

    Career Advice: Investment Banking Vs. Corporate Finance

    Read an in-depth review and comparison of a career in investment banking and a career in corporate finance, with advice about which one to choose.
Frequently Asked Questions
  1. What is the difference between secured and unsecured debts?

    The differences between secured and unsecured debt, and how banks buffer risks associated with each type of loan through ...
  2. How Many Times has Warren Buffett Been Married?

    Warren Buffett has been married twice in his life, but the circumstances surrounding the marriages were unconventional.
  3. What's the smallest number of shares of stock that I can buy?

    Many people would say the smallest number of shares an investor can purchase is one, but the real answer is not as straightforward. ...
  4. What is an economic moat?

    An economic moat refers to a company's ability to maintain competitive advantages to protect its long-term profits and market ...
Trading Center