The world economy has the potential to be a daunting foe. For many university students, it can be hard to narrow focus or choose a career path so early, but there are few more useful degrees likely to yield high-paying jobs than those related to the world of finance.
The UK is home to some of the most prestigious investment banks, brokerage houses, consulting firms and a whole host of other finance-related employment opportunities. Finance jobs in Scotland offer graduates the chance to get away from the busy and competitive London financial scene and explore new possibilities within the financial sector without traveling too far from home.
What is finance?
A finance degree is narrower in scope than an accounting degree and covers a diverse range of business disciplines in almost every industry in the world. A successful career in finance relies on a unique skill set including an inquisitive and outgoing nature, and any successful financial career requires an aptitude for numbers and the ability to translate a client’s goals, resources and assets into continued financial growth.
Prospects
Finance jobs in the UK, especially finance jobs in Scotland, are expected to grow faster than the average rates over the next decade. Opportunities for employment with a finance or related degree can include corporate and international financial management, personal financial planning, investment banking, insurance and other brokerage houses among many others. Here are some examples of diverse employment opportunities within the world of finance.
Financial Analyst
Financial analysts are integral to the success of a competitive economy. Job opportunities in this area have been abundance since the 1970s as a result of an increasingly complex range of potential investments. A financial analyst assesses a client’s financial history and current status and potential risks in order to set and guide to achieve specific financial goals.
Financial manager
Not typically an entry level position – financial managers are responsible for direct reporting, any investment activities and management of funds in any type of private or government organisation. Financial management relies heavily on resourcefulness, creativity and being able to view a larger business picture while also being able to deal with the minute financial details that enable any organisation to thrive.
Commercial banking
While the banking sector has suffered some rather substantial setbacks in recent years, there are still more people employed in this sector than any other in the finance industry. Often times commercial banking positions are great entry level positions for finance graduates and they provide practical and broad experience that is the basis for a successful career within the industry.
Finance degrees equip graduates with the necessary criteria and analytical thinking that takes advantage of financial information and appropriately manages and allocates both private and public funds in all varieties of organisations on both local and international scales. For a professionally rewarding and lucrative career path – finance is a wise and winning choice.
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