The financial sector is incredibly lucrative, which is one of the many reasons people are interested in joining the industry. However, entering this industry can be challenging, as entry requirements are typically high. Many professionals in this field have at least a four-year degree, and many more have advanced math, science, or economics degrees.

There are countless opportunities within the finance industry, both on and off Wall Street. Various roles cater to different interests and skill sets, such as investment bankers, actuaries, portfolio managers, quantitative analysts, financial planners, and economic analysts. Let’s take a closer look at a few of these options.

Investment Banker

Investment banking is one of the financial industry’s most glamorous and challenging positions. It involves working with governments and companies to raise money through various transactions, such as mergers and acquisitions. There are typically multiple divisions within the firm responsible for different tasks and responsibilities.

In a traditional investment bank, you’ll be able to interact with various individuals and companies, such as M&A and securities issuers. You might also work on the trading desk.

Public Accounting

Accounting is a broad field that encompasses various types of financial services and careers. It’s mainly concerned with maintaining money flow for private and public companies. This type of professional also provides advice and recommendations to help improve the financial health of a company.

As an accountant, you’ll be able to provide various services to companies, such as helping them get their finances in order. You’ll also be able to develop long-term goals and make projections. There are various opportunities in the private and commercial sectors.

Financial Planner

A financial planner can help individuals set goals and develop strategies to achieve their financial goals. Financial planners work with their clients to create a plan that fits their needs. Usually, these professionals work within a national or local firm. If you’re interested in becoming a certified financial planner, you should look into getting the certification.

Venture Capitalist

In a venture capital firm, you’ll be able to identify promising start-ups and small businesses looking to expand their operations. As a venture capitalist, you’ll also determine if the company’s stock price will eventually move to the public market.