Top 6 Types of Financial Careers To Choose in 2023

No matter what stage you’re at in your career, whether you’re a finance graduate or postgraduate, we’ll be able to help you figure out what’s next. Your career path should be clear, regardless of what you do.

The finance industry offers a variety of job opportunities, depending on your experience and skill set. It will be easier for you to choose a career in accounting and finance that is right for you if you have experience with various finance jobs. This post will discuss several finance positions, their qualifications, duties, and salary.

Top Skills to make a successful career In Finance

Below we have mentioned the top educational skills you need to make a successful career in the finance sector:

• Education

To establish a successful career in finance, you need the appropriate education and training. Undoubtedly, expertise at work is essential, but getting the proper education and qualifications will help you get off to a good start in your profession.

• Interpersonal Skills

There is more to finance careers than lone mathematical calculations. You must be capable of communicating with clients, expressing yourself clearly, and establishing connections. Such abilities are just as crucial as your subject-matter expertise.

• Analytical Skills

A job in finance will be a brilliant option if you can use situational analysis to draw significant judgments. In the sphere of finance as well, abilities like strategic planning and leadership are remarkably regarded.

Top Career Options in Finance

You can choose many career paths if you wish to specialize in accounting and finance certification courses or build a career in finance through professional financial positions. Check at the most desirable finance professions or jobs:

1. Financial Actuary

Using statistical data, mathematics, and financial projections, financial actuaries evaluate a company’s monetary cost uncertainties and dangers. To forecast future results, they apply statistical models that assess historical data. Financial actuaries’ duties include calculating retirement plans, investment plans, and insurance premiums.

The path to becoming a financial actuary is complex. You must possess a bachelor’s degree in mathematics, statistics, or economics, or you are a chartered management accountant or have an MBA in finance as a minimum requirement. Additionally, you must have at least three years of relevant experience and clear fifteen tests administered by the Institute of Actuaries of India (IAI). The average salary of a financial actuary is between 25-30 lakhs per annum.

2. Investment Banker

You must not be unfamiliar with this as you studied finance in college. In India, it is one of the professions with the highest demand. Investment bankers provide corporate clients and, in certain situations, provide corporate clients to governments with financial advice.

Investment banks manage acquisitions and mergers, seeking funding for their clients via initial public offerings (IPOs), share and convertible bond issues, and debt financing arrangements. It would help if you had a finance bachelor’s degree to work in investment banking. A career in this position can significantly assist in obtaining a CFA or CFI certification.

3. Financial Analyst

It is among the jobs best suited for newcomers and has a high level of market requirements. Financial analysts are required in every field. However, the banking and insurance sectors are the most popular.

Financial analysts help businesses make them aware of investment decisions using financial information and creating budget projections, analyzing operational metrics developing an economic model to assist in decision-making, and examining financial information.

Based on a review of primary outcomes, a variance analysis, and the discovery of trends, makes suggestions for enhancing results. The minimal educational requirement to work as a Financial Analyst is a bachelor’s degree in accounting or finance or an MBA in finance.

4. Chief Financial Officer

A company’s chief financial officer is a senior-level executive monitoring and controlling all financial operations. A financial officer’s primary duty is to make decisions, decide on capital structure, and track cash flows.

In addition, they keep an eye on and judge the reliability and health of the business’s finances. They identify the firm’s financial strengths and flaws and recommend the best action. A Bachelor’s degree in finance is mandatory for the post of chief financial officer, in addition to several years of experience. For professional advancement, getting a master’s degree in finance or management is beneficial.

5. Chief Risk Officer

The risk is evaluated and eliminated in a company, whether external or internal, by the Chief risk officer. Challenges from laws, competitors, and technology are among the concerns.

Chief Risk Officer (CRO), however, if you are starting in your profession, you still have a way to get there. With an average monthly income of 50 lakh Indian rupees, it is one of the most rewarding positions in the country. The CRO job demands a finance bachelor’s degree, as well as a master’s degree, for example, an MBA, and an equivalent of ten years of work experience dealing in the corporate world.

6. Personal Financial Advisor

Individual clients of personal financial advisors receive financial assistance and personalized solutions to fulfill their different requirements. They provide various solutions, including budget guidance, tax and investment preparation, and retirement planning. The required degree is an MBA in Finance, with accounting experience desirable.


This is all from our side; we have given you the top six career options if you graduate in accounting and finance. It must be an exciting time for you, knowing that you have lucrative career opportunities.

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