Monday, January 6, 2020
Career Options For A Finance - 1206 Words
Introduction There are many career options available to an individual who has earned a degree in finance. The careers offered to students who graduate with a finance degree can be located in the corporate world or public sector. College graduates may seek careers in a corporate and public finance department, in portfolio management, or investment banking. Salary ranges for careers in finance range from under $35,000.00 annually to well over $100.000.00 annually. It is important for the finance major to choose the correct area of finance because the demand in each area will be significantly different. Investment Banking Rudy (2005) noted ââ¬Å"corporate, public, and other financial officers enlist the help of outside experts. Investmentâ⬠¦show more contentâ⬠¦Stocks are securities that give the holder ownership of a portion of the companyâ⬠(p. 16). The treasurer and his or her staff will also handle investment duties. These investments may include but is not limited to investment in employee retirement funds. A treasurer of a company may also be responsible for overall cash management of an organization. Cash management will include duties in the area of capital-raising and establishing and maintaining good relationships with commercial banks to solidify timely deposits for money earned and owed by the company. A treasurer will add value to an organization by establishing the overall financial plan of the organization through their vision. The treasurer will add value to a company by handling funds with a high standard with integrity. A treasurer will also add value by identify ing and managing risk of an organizations assets and confidential information. A treasurer will add value to any organization by providing timely and accurate financial reports. Accurate financial reports a vital for a business to track budget performance. Government Rudy (2005) indicated ââ¬Å"finance is essential to the operations of the government at every level-federal, state, county, and municipal. Government bodies, unlike corporations, do not seek to make a profit; however, they need to
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