What companies are in the finance field? This is an important question to ask for many reasons. In the first place it is vital that you find out what types of jobs are available and what they entail. Also, this will help you understand what type of education and training is necessary for the positions that are available. In addition, you will be able to determine how lucrative the career field actually is. Finally, by understanding all of these things you will be better prepared to start looking for these jobs when you are ready.
There are actually a number of different types of jobs in the finance industry. The main ones include: Public Accounting, Administrative, Managerial Finance, Private Placement and Transaction Finance. Each one has their own specific responsibilities that depend on the position that they hold. For example, those in the public accounting field are required to make financial statements, manage the accounting department and ensure that laws and regulations are followed. Those in the managerial finance category will manage people, processes and budgets.
The role of a financial planner is often played by investment management advisors. In this role, they assist corporations with investing in resources that will yield them profits. They are also involved in investment banking and the financing of mergers and acquisitions. They are often paid a lump sum and given free reign to decide how to use their funds. While some are employed in banks, others have taken careers with major corporations as financial analysts. Still others have entered the private sectors as financial planners or have entered the investment banking sector altogether.
The field of Investment also encompasses many different jobs. One of the most popular ones among younger professionals is market research. Market research entails researching how a company’s stock price may fluctuate in relation to its competitors in the market. It also involves studying the supply side of the market such as how the company markets its goods or services. The demand side of things involves studying what consumers in the market want to purchase. While this job doesn’t always require an MBA, those with MBA degrees have been known to excel in the field.
A financial planner is a more common term used to refer to financial planners. The responsibilities of financial planners are typically much the same as that of investment planners, as both are involved in financing and investing the company’s money. The difference lies in the field of play between the planner and investment manager. Financial planners do not manage the company’s money; rather they advise or provide counseling on how to best manage it.
A Public Company is one that is listed on the New York Stock Exchange or NYSE. Most small businesses are first registered with the SEC or the Securities and Exchange Commission. Other large companies register with the NASDAQ or the National Association of Securities Dealers. If a company is not publicly traded, then it is considered a private company. A financial planner can counsel the company’s management on which types of trades are most profitable, given the company’s market position and outlook for the future.
Private Placements are financial transactions made by individual investors, instead of by a company on its own. These can be from hedge funds, mutual funds, or from friends and family. They involve a relatively low amount of risk, but there is the potential for a high reward. These transactions are run through brokers, called investment advisors, who buy and sell stock as part of a larger portfolio. It is rare that these transactions will lead to a direct payout to the company, although in some extreme cases a few top executives have received a small portion of their investment, which is often invested in different ventures.
The above overview of the finance job market provides a basic understanding. It is important to note, however, that the field of finance jobs changes frequently and greatly expands to include new niches or to increase the options available for those already working in the industry. For those considering entering the field, it is helpful to have an overall understanding of many of these broader topics. The information provided here only serves as a general overview; it does not intend to give an exhaustive list of all the jobs in the finance industry.
