# 7 Finance Career Options to Consider and What You Need to Know About Each
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2022-04-26
Category: BUSINESS
Category URL: https://financedigest.com/category/business
Meta Title: Top Finance Careers for Recent Graduates in the UK
Meta Description: Looking for a finance career? Explore options like financial planning, commercial banking, investment banking, insurance agent, hedge fund manager, and venture
URL: https://financedigest.com/7-finance-career-options-to-consider-and-what-you-need-to-know-about-eachhtml

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The field of finance includes three categories: public, corporate, and personal. Regardless of what sector you prefer, the majority of finance jobs require at least a bachelor of science, finance, business, or equivalent. A master’s or doctorate will net you a higher salary.

## Careers in Finance Recent Graduates Should Consider

[Finance careers are well-suited for people who enjoy managing](https://www.financedigest.com/how-parents-can-help-students-manage-their-finances.html "How Parents Can Help Students Manage their Finances") accounts, cases, and money. If you have strong analytical skills and a keen eye for detail, you’ll excel in the following.

### 1\. Financial Planning

[Financial planners help clients meet their current and long-term financial goals](https://www.financedigest.com/how-to-create-financial-goals-for-your-business-in-2021.html "How To Create Financial Goals For Your Business In 2021"). They use their knowledge to guide clients toward better financial decisions, whether that includes [building a budget or saving for retirement](https://www.financedigest.com/building-a-portfolio-for-retirement.html "Building A Portfolio For Retirement"). [Financial planners advise](https://www.financedigest.com/top-north-east-financial-adviser-firm-talks-corporation-tax.html "Top North East financial adviser firm talks corporation tax") and assist clients on various tasks.

Most [financial planners will work within a national or local firm](https://www.financedigest.com/turning-a-blind-eye-wont-work-for-financial-firms-as-the-fca-tightens-its-grip.html "TURNING A BLIND EYE WON’T WORK FOR FINANCIAL FIRMS AS THE FCA TIGHTENS ITS GRIP"). While a degree is [usually all a financial planner needs to work](https://www.financedigest.com/despite-return-to-work-virtual-meetings-will-continue-to-disrupt-business-as-usual-in-finance.html "Despite Return to Work, Virtual Meetings Will Continue to Disrupt Business as Usual in Finance") in America, it may also require a CFP certification.

### 2\. Commercial Banking

Commercial bankers offer a variety of [financial services](https://www.financedigest.com/the-future-of-financial-services-tech-evolution-not-revolution.html "The future of financial services: Tech evolution not revolution ") to individuals. They also provide advice on checking accounts, saving accounts, and [loan options](https://www.financedigest.com/do-you-have-bad-credit-consider-taking-out-these-loan-options.html "Do You Have Bad Credit? Consider Taking Out These Loan Options"). There is a lot of [growth within commercial banking](https://www.financedigest.com/getting-out-of-the-static-curve-to-decide-the-growth-of-umbilical-cord-blood-banking-market.html "Getting Out Of The Static Curve To Decide The Growth Of Umbilical Cord Blood Banking Market"), as tellers can often receive promotions and become branch managers.

Most commercial banking careers don’t require a bachelor’s degree, but you may [need specific certification to move into certain roles](https://www.financedigest.com/5-reasons-why-you-need-to-step-into-your-ceo-role-as-a-small-business-owner.html "5 Reasons why you need to step into your CEO role as a small business owner"), such as a financial planner or mortgage broker.

### 3\. Investment Banking

Investment [banking is a high-intensity field that involves buying](https://www.financedigest.com/citigroup-to-buy-deutsche-bank-license-in-mexico-for-wholesale-unit.html "Citigroup to buy Deutsche Bank license in Mexico for wholesale unit"), selling, and trading corporate securities. They also provide advice to individuals and corporations. Investment bankers primarily trade stocks and [bonds](https://www.financedigest.com/stocks-bonds-extend-rally-on-hopes-rate-hikes-ease.html "Stocks, bonds extend rally on hopes rate hikes ease") on the stock market, which requires a special license.

#### _Want to Sell Securities, like Mutual Funds? You’ll Likely Need to Pass the Series Exam_

If you want to sell securities, you’ll need to [pass the Series 63 exam](https://www.financedigest.com/6-important-tips-for-passing-the-cfa-exam.html "6 Important Tips for Passing the CFA Exam"). Since it can be difficult to pass the first time, [Testing.org](https://testing.org/series-63-exam-prep-courses/) developed a Series 63 study guide for investment newbies.

### 4\. Insurance Agent

[Working in the insurance field](https://www.financedigest.com/love-living-and-working-at-lavender-fields.html "Love living and working at Lavender fields") is tough, but if you have a knack for sales and want a more flexible career, becoming an agent may be ideal. [Top agents can earn more than $100,000 a year](https://www.financedigest.com/2017-cfo-outlook-top-priorities-as-new-year-gets-underway.html "2017 CFO Outlook: Top Priorities as New Year Gets Underway") without a bachelor’s degree. However, most agents will make $30,000-$55,000 yearly.

There are plenty of careers to [explore besides sales](https://www.financedigest.com/sap-to-cut-3000-jobs-explore-qualtrics-stake-sale.html "SAP to cut 3,000 jobs, explore Qualtrics stake sale"). For example, you could be a customer service specialist or can help calculate the risk and probabilities of [financial trends](https://www.financedigest.com/2016-financial-recruitment-trends.html "2016 FINANCIAL RECRUITMENT TRENDS") for clients.

### 5\. Hedge Fund Manager

A hedge [fund manager makes investment](https://www.financedigest.com/norway-wealth-fund-to-consider-investing-in-unlisted-equities.html "Norway wealth fund to consider investing in unlisted equities") decisions for a pool of capital often provided by investors that meet specific net worth requirements. Similar to an exchange-traded fund or mutual fund manager, [hedge fund](https://www.financedigest.com/hedge-funds-suffer-big-outflows-in-q2-data.html "Hedge funds suffer big outflows in Q2 – data") managers are also responsible for handling portfolios.

[Hedge fund managers](https://www.financedigest.com/what-is-a-hedge-fund.html) often handle higher-risk portfolios that are actively traded, so they typically explore higher education and/or certification to make them look more credible.

### 6\. Venture Capitalist

Venture capitalists are [private equity investors](https://www.financedigest.com/the-vc-opportunity-breaking-down-barriers-for-private-investors.html "The VC opportunity: breaking down barriers for private investors ") that offer capital to startups. They typically [target businesses](https://www.financedigest.com/julius-baer-2022-profits-fall-as-it-hits-business-cycle-targets.html "Julius Baer 2022 profits fall as it hits business cycle targets") that have high growth potential. In exchange for equity or ownership share, venture capitalists, when acting on behalf of a firm, will invest funds in the [seed funding round](https://www.financedigest.com/jetlearn-the-worlds-first-web-3-0-online-academy-for-k-12-raises-e1-2m-in-seed-round-to-launch-its-platform-in-the-uk.html "JetLearn, the world’s first Web 3.0 online academy for K-12, raises €1.2m in seed round to launch its platform in the UK").

Since [venture capitalism](https://www.financedigest.com/breaking-down-venture-capitals-gender-and-diversity-barriers.html "Breaking down Venture Capital’s gender and diversity barriers") has a high rate of failure, venture capitalists have to assess potential risks carefully. This involves several years of [experience](https://www.financedigest.com/2021-the-year-of-buyer-experience.html "2021: The year of buyer experience") and years worth of education.

### 7\. Public Accountant

Likely the most well-known financial career option, a [public accountant works](https://www.financedigest.com/the-new-fangled-normal-of-working-from-home-to-push-the-public-cloud-service-market.html "The “New-Fangled” Normal of “Working from Home” to Push the Public Cloud Service Market") with individuals and corporations to maintain their financial transactions. They’re also adept at auditing client records, preparing and filing tax returns, and offering [financial advice](https://www.financedigest.com/financial-advice-for-starting-your-own-business.html "Financial advice for starting your own business") to their clients.

Accountants often get a bachelor’s degree in accounting, which can [set them up to become](https://www.financedigest.com/voice-assistants-set-to-revolutionize-commerce-and-become-a-dominant-mode-of-consumer-interaction-in-the-next-three-years.html "Voice assistants set to revolutionize commerce and become a dominant mode of consumer interaction in the next three years") a CPA. However, you will need to pass a test and complete [several other requirements](https://www.linkedin.com/pulse/7-steps-become-us-cpa-outside-non-us-citizens-vinicius-bravo/).

**Brought to you by Cristina Par**


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