If you are a business student then you are quite familiar with the term finance & banking. Finance & Banking is the most prestigious subject in the Faculty of Business. It is also called the Royal Department. There are many opportunities for a finance graduate. Studying BBA finance has the highest number of job opportunities in Bangladesh. They are valued by almost all organizations including banks, financial institutions, insurance, and investment institutions. Most government jobs including BCS also have opportunities to try.
What Makes a Career in Finance & Banking Appealing?
Variety of Roles: Whether you are in investment banking or coming from finance, there is an opening for your skill set.
Monetary Expansion: These sectors provide high-paying wage packages and bonuses for top-performing results.
Worldwide Reach: Due to globalization, a career in finance and banking allows professionals to be associated with multinational companies or work overseas.
Changeable Work Environment: Due to the nature of such fields, we have a fast-paced learning and growing process while doing our jobs.
Highly Paid Jobs in Finance & Banking
Investment Banking
If you flourish under pressure and enjoy making a financial model, investment banking may be for you. This field focuses on helping companies raise funds, mergers and acquisitions, and financial planning for the future. Grow your career from Analyst, to Associate, to Director & Managing Director
Corporate Finance
Corporate finance deals with a company’s internal part of finance which includes budgeting, forecasting and capital structure decisions. The main role of corporate finance is Financial Analyst. For this you must have skills in strategic planning & cash flow management.
Retail and Commercial Banking
If you like to interact with customers, there are roles based on customer account management, loan issuance, and wealth management advisory. Principal roles in this sector are Relationship Manager, Loan Officer, Branch Manager. You need skills in customer service & communication.
Investment advisory and Wealth Management
This sector relates to the assistance of individuals in managing their wealth, investments, and retirement. This considered long term relationship future you will have with your clients is very rewarding and the right career path for those select few.
Risk Management
In the current volatile markets, risk management has become ever-more imperative. These professionals evaluate and reduce the financial risks faced by an organization. Risk Analyst & Compliance Officer are the main roles in this sector. You have to be an expert in problem solving & understanding of regulations.
How to Approach a Career in Finance & Banking
Educational Background: Formal education in the form of Finance, Economics, or Accounting degrees is a good initial foundation.
Certifications: Enrich your resume by doing certifications such as CFA, CPA, or FRM.
Internships: Make sure to get some experience out there as it is a great way to network and learn the business.
Networking : Attend industry events, webinars and join professional associations.
Soft skills : Leadership, communication, and problem-solving abilities.
Finance and banking is known as a demanding yet lucrative career choice. These include everything from conventional investment banking jobs to more modern roles in finance. The possibilities are endless. A successful career awaits you if you master your skills and experience properly.
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Writer
Piash Mahmud
Intern, Content Writing Department
YSSE