The role of a management analyst—sometimes known as a management consultant—is another well-paid career you can seek out with a finance degree. Individuals who develop this expertise typically make a good living, with the average wealth management professional enjoying a base salary of $75,641, according to the job-search website Glassdoor. But an undergraduate finance degree lets you cast a wider net when it’s time to get a job. At first glance, it doesn’t appear that a degree in finance is the ticket to a career with stellar pay. Some people feel less comfortable making financial decisions, such as buying life insurance and investing for retirement, than others do. The formula for a winning company culture. But if you’re a finance major, getting there may require a graduate degree in accounting or a Master of Business Administration (MBA) with a concentration in accounting. Sell-side analysts, on the other hand, are employed by brokerage firms and provide their clients with recommendations on whether to buy or sell certain securities. They may, for example, help a company focus its resources on markets where the firm can achieve greater profitability. Salary and career advice to put you a step ahead. What is the average salary that a finance major can expect? What your skills are worth in the job market is constantly changing. The median pay for analysts in 2018 was $85,660 per year, according to the BLS. I can help you find out what you should be paid. According to data from Wall Street Oasis, analysts, who are on the lowest rung, start at anywhere from $70,000 to $150,000. Those who work on the treasury team, for example, help the company manage its cash, develop a strategy for short-term investments, and analyze foreign exchange (forex) transactions. Some finance graduates go on to pursue a CPA license, although it will likely require additional accounting coursework at the undergraduate or graduate level. Pay ranges for people with a Bachelor's Degree, Finance degree by employer. They’ll often talk to loan applicants and evaluate their borrowing history before making a recommendation to the bank or mortgage company for which they work. Before lending money to businesses or individuals, banks need to have a reasonable expectation that the borrower will pay them back. At first glance, it doesn’t appear that a degree in finance is the ticket to a career with stellar pay. Financial planners often work for insurance companies or brokerage houses, often as representatives who make commissions based on the products they sell. Often, IARs provide a broader range of services, such as budgeting and tax guidance, in addition to offering investment advice. Typically, they use that information to develop financial models that help predict the potential outcome of different strategies. A certified financial planner holds the certification owned and awarded by the Certified Financial Planner Board of Standards, Inc. A chartered financial analyst is a professional designation given by the CFA Institute that measures the competence and integrity of financial analysts. Here’s a look at how you can expect to fare in some of the field's more common occupations. People who work in wealth management roles help high-net-worth individuals manage their assets, with an eye toward maximizing returns and mitigating financial risks. Professionals there often start out making between $100,000 and $125,000, according to the job site WayUp. A personal financial advisor's median annual compensation is $87,850, according to the U.S. Bureau of Labor Statistics (BLS). Which alumni earn the most after graduation? An investment consultant provides investors with investment products, advice, and/or planning. Bachelor's Degree, Finance - Salary - Get a free salary comparison based on job title, skills, experience and education. The most obvious path to becoming an accountant is to get a bachelor’s degree in—you guessed it—accounting. That's why there’s considerable demand for financial planners, who can help these individuals strategize. They may examine economic trends, meet with a company’s management team, and pore over financial statements in order to develop an appropriate investment plan. Finance majors can pursue a number of different paths in corporate finance, most of which tend to pay very respectably. What's more, employment within the field is expected to increase by 7% between 2018 and 2028, faster than average compared to other fields. An investment analyst is a financial professional with expertise in evaluating financial and investment information, typically for the purpose of making buy, sell and hold recommendations for securities. The work of financial analysts breaks down into two basic categories: Buy-side analysts often work on behalf of insurance companies, foundations, and other institutional investors, providing advice to the money managers responsible for those clients.

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