The financial market is unpredictable and evolving at the same time, there is a dire need to reflect on some of the most relevant modern issues in finance and investment, whether that is in acquisitions, mergers, private equity, risk management, or others related to it.
This blog will take you through some of the most popular career options one can explore after pursuing M.Sc. in finance.
Investment banker: They have to perform various valuation methods to compare companies and precedents to value a business organization. Investment bankers provide assistance to clients for acquisitions and mergers to help clients raise capital either by issuing debt or by selling equity. Advising clients on potential and profitable investment opportunities is also part of their job.
Financial analyst: Financial analyst is responsible for analysing and collecting financial data to create financial models for effective decision making. They study market trends and determine the cost of operations by establishing the standard cost and make forecasts based on their financial analyses. They propose changes in methods by interpreting and analysing data to increases productivity by developing automated accounting applications.
Financial examiner: Professionals in this role are usually hired by government agencies or insurance firms for ensuring that the operations of financial institutions, such as security firms and banks are compliant with laws and regulations. They also perform risk-focused financial examinations to recommend corrective actions by reviewing accounting documents.
Actuary: Assessing the probability of a situation to analyse the financial repercussions is the basic job responsibility of an actuary. They compile and collect statistical data for additional analysis to explain the proposals to various parties.
Accountant: An accountant has to analyse and compile the accounts information for preparing capital, liability, asset, and document financial transactions. They summarize existing financial status by collecting information to prepare profit and loss statements, balance sheets, and other financial reports.
Financial advisor: These professionals educate and advise clients about investment options and potential risks including mortgage, taxes, investments, estate planning, and insurance. The research investment opportunities and monitor client accounts to improve performance.
Trader: Traders usually collate the relevant data by liaising closely with sales staff and inter-dealer brokers to determine market sentiment through data analysis, valuation, and research. They specialize in a single type of financial instruments, such as debts, stocks, or commodities for executing trades. Traders require strong analytical, interpersonal, and team-working skills.
Insurance specialist: Insurance specialists are required to decipher the complex insurance laws and policies. All the insurance eligibility and coverage cases are handled by insurance specialist by acting as an advisor to ensure its compliance with laws and regulations.
Portfolio manager: Portfolio managers are responsible for managing and creating investment allocations for clients. They also determine the risk level of a client depending on the market situation and their risk preferences. They evaluate the performance of predetermined investment strategies to meet the standards provided by regulatory organizations.
Finance manager: A financial manager is responsible for reviewing the financial reports of an organization to make financial forecasts and preparing activity reports with reference to its financial analysis. They are hired by the finance, healthcare, banking, and insurance organizations to investigate the ways to improve profitability.
So, if you think you have a knack for playing with numbers and are interested in exploring the career options after M.Sc. in finance. Then it is the right time to sign up for this program now.