Career Opportunities for Finance Graduates

Finance
About Finance

Finance is the study of money and how it is used. Specifically, it deals with the questions of how an individual, company or government acquires the money needed - called capital in the company context - and how they then spend or invest that money. 

Finance is defined as the management of money and includes activities such as investing, borrowing, lending, budgeting, saving, and forecasting.

Scope of Finance

Finance is a broad because this function affects almost all the aspects of a firm’s operations. The finance function includes judgments about whether a company should make more investment in fixed assets or not.

It is largely concerned with the allocation of a firm’s capital expenditure over time as also related decisions such as financing investment and dividend distribution. Most of these decisions taken by the finance department affect the size and timing of future cash flow or flow of funds.

In a broad sense, the finance function covers the following activities:

  • Financial planning
  • Forecasting cash inflows and outflows
  • Raising funds;
  • Allocation of funds;
  • Effective use of funds; and
  • Financial control (budgetary and non-budgetary).


Importance of Finance

The role of finance in business is also to make sure there are enough funds to operate and that you're spending and investing wisely. The importance of finance lies in its capacity to keep a business operating smoothly without running out of cash while also securing funds for longer-term investments. Finance relies on accounting, but while accounting is mainly descriptive, finance is active, using accounting information to manifest tangible results.

Educational Requirements for Finance Careers

The finance field is a sensitive field as it deals with budget creation, financial management plus much more. As a result, a high level of education is needed. Most Organiations require a bachelor's degree in accounting, finance or a related field for entry level positions while some organisations may require master's degree depending on the on requirement.

Skills and Competencies required in Finance Careers

  • Interpersonal skills
  • Ability to communicate
  • Have a good knowledge of Financial reporting
  • Analytical ability
  • Problem-solving skills
  • Knowledge of IT software
  • Management experience
  • Attention to detail
  • Capacity for innovation
  • Numeracy skills
  • Teamwork
  • Organisation and time management
  • Exceptional leadership
  • Adaptable communication
  • Humble confidence
  • Unwavering professionalism
  • Self-management
  • Commercial acumen

Career Opportunities for Finance Graduates

While some people may think of you as a miser, you know you're just admirers of money and understand its meaning. If you are one of those rare people who love the best use of money, then maybe jobs in the finance sector is the right choice for you.

Some jobs / role you can do as a graduate of Finance

  • Personal financial advisor
  • Financial Analyst
  • Bank Teller
  • Stockbroker
  • Finance Controller
  • Financial Bookkeeper
  • Accountants
  • Auditor
  • Treasurer
  • Budget Analyst
  • Financial Analyst
  • Economist
  • Finance Manager
  • Financial Broker
  • Financial Dealer
  • Financial Investment Adviser and Manager 
  • Investment Adviser 
  • Manager (Finance) 
  • Managing Director
  • Statistician
  • Chief Finance Officer
  • Company Secretary 
  • Credit and Loan Officer 
  • Dealer (Financial) 
  • Debt Collector
  • Auditor
  • Bank Manager 
  • Bank Worker 
  • Branch Manager (Financial Services) 
  • Financial Planner
  • Investor Relations Associate
  • Budget Analyst
  • Actuary
  • Accountant
  • Credit Analyst
  • Attorney
  • Commercial Real Estate Agent
Institutions where you can study Finance

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