Careers in Finance

Topics: Debt, Bond, Loan Pages: 3 (1038 words) Published: April 11, 2013
Careers in Finance
There are many different types of jobs for people to pursuit in the field of finance. They can look for jobs in the areas of an investment bank, a commercial bank, a manufacturing company, or even a financial consulting company. All of these places have jobs to offer those with finance or even business degrees. Some of them pay very well, and even more to the people who rise up to the higher tiers of the company ranks.

If someone was looking to get a job in an investment bank, they might consider becoming a ratings analyst. Ratings analysts are people who evaluate the credit risk of debt securities issued by corporations and government agencies. After a thorough evaluation of a company or agency, these analysts will then make their investment recommendations. These recommendations can include buy, hold, or sell recommendations on financial elements such as equity or debt investments such as stocks or bonds. Ratings analysts also provide a prediction of a company’s future securities price. Chief financial officers and other important members of a company’s management often create and maintain a good relationship with the ratings analysts who are following their company. The analysts need to know about everything the company is doing in order to make a good and more accurate recommendation or prediction. Many people, including mutual fund managers and other investors rely on the ratings from these analysts to make investment decisions on what securities to buy. Ratings analysts typically have salaries ranging from $47,410 to $82,730. Many chief financial officers started out as ratings analysts, so it is a good job to have. Not to mention that there are good employment rates right now and a fair chance for advancement in this job area.

If someone wanted to apply for a job in a commercial bank setting, they might consider becoming a loan officer. Loan officers are people who serve as a middle man between lending...

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