Careers in Finance Intro slide

The study and management of money Simplified: The study and management of money What is Finance? Audience interaction. What is finance? What does it mean? It is simply the management of money.

Specializations Investing Budgeting Money Managing Banking Credit Finance has a lot of components and the term itself is very broad. What makes up “finance” Within the finance industry, these are some of the different career paths you can take within finance.

Sectors in Finance Public Private Corporate The 3 sectors of finance

Where can a financial professional work? Ask the audience about where they think a financial professional can work. They will probably name off financial institutions, but we want to name other companies as well. Every company has a finance department so a financial professional can work almost anywhere.

Public Jobs Median Salary Examples: Budget Analyst Creates and maintains departmental budgets Budget Manager Assembles department budgets together into a master budget Investing Banking Credit Money Managing Budgeting What you would expect to do working in the public sector $57,253-$105,714 Median Salary Source: www1.salary.com

Private Jobs Median Salary Examples: Investment Banker Helps businesses raise money Financial Advisor Helps individuals manage their money Investing Banking Credit Money Managing Budgeting What you would expect to do working in the private sector $47,380-$100,675 Median Salary Source: www.glassdoor.com

Corporate Jobs Median Salary Examples: Financial Analyst Helps businesses make investment decisions Financial Manager Plans and tracks financial goals for businesses Investing Banking Credit Money Managing Budgeting What you would expect to do working in the corporate sector $63,000-$104,878 Median Salary Source: www.glassdoor.com

What traits do financial professionals need? Professionalism Adaptable Communication Confidence Leadership Problem Solving Intellectual Curiosity Ease With Technology Team Work Traits of a financial professional. Ask the audience what traits they would expect someone working in finance to have.

What Education Do You Need? Education requirements to become a financial professional

Finance Degree Focus on corporate finance and investing Covers most information needed for the series 6 & 7 exams Be prepared for a career in business Be knowledgeable of Financial Markets Securities Investing You will need a college degree in finance. These are some of the things you can expect to learn about in your courses. Financial institutions, and investing, Trading strategies, and laws that will be on the series 6&7 exams (certification exams to be a licensed stock broker) Teaching you the basics of the other disciplines within business.

Financial Services Degree Designed to prepare students to sit for the Certified Financial Planner (CFP®) exam 870,000 brokers and advisors, but only 72,000 CFPs ® Course emphasis on personal financial planning: Taxes, insurance, retirement, investments, estate planning Help families make wise decisions with their money Some schools may offer a financial services degree. This will focus more on individuals rather than corporations. You will learn more about personal finances and laws to accompany them. This will prepare you for the CFP exam, where as corporate finance has more info on the CFA exam. They are currently in demand.

First Steps High School College Grades College Entrance Exams College Application FAFSA Student Organizations College Grades Student Organizations Internships Networking Emphasize internships and networking for when they get to college.

Resources Bureau of Labor Statistics Investopedia School Counselor FAFSA Myers-Briggs Type Indicator® Additional resources to learn more