What are the career options with a master’s degree in finance?

The financial sector is in high demand among students when it comes to seeking a prospective career. This is because a well-established finance department is a necessity for every organisation to run efficiently. The rapid growth and wide array of job opportunities provided by this field have led large number individuals to apply for courses in finance. A higher educational degree, like a master’s, in finance can allow students to achieve senior positions within a company as well as earn a good salary. Here is a list of careers in finance that you can choose from, after completing a master’s degree in finance.

  • Financial analyst: Financial analysts are responsible for performing financial forecasting, reporting and operational metrics tracking as well as analysing financial data and creating financial models for decision support. Conducting financial analysis allows them to identify trends and make recommendations for improvements. They specialise in guiding the cost analysis process by establishing and enforcing policies and procedures. Besides providing analysis of trends and forecasts and recommending actions for optimization, they are efficient in suggesting ways to interpret data and make comparative analyses. They work to maintain a strong financial analysis foundation by creating forecasting tools and developing automated reporting.
  • Investment banker: Investment bankers are primarily responsible for raising capital for firms by either issuing debt or selling equity. Besides this, their no-so-regular tasks include managing M&A, advisory and other corporate finance services. They develop various types of financial models to manage debt and equity for mergers, acquisitions and capital raising transactions. Investment bankers specialise in performing various valuation methods, such as comparable companies, precedents and discounted cash flow (DCF). They also carry out the formation and reviewing of materials that are to be used in the financing of clients, including investment memoranda, management presentations and pitch books.
  • Accountant: Accountants are professionals who specialise in tracking payments made to internal and external stakeholders, preparing budget forecasts and processing tax payments and returns. They are responsible for managing financial transactions of all kinds, such as fixed payments, variable expenses, bank deposits and budgets. Additionally, they conduct auditing of financial documents and procedures, reconciling bank statements and calculating tax payments and returns. Their experience with bookkeeping and proficiency in spotting numerical mistakes allows them to provide their company with accurate quantitative information on financial position and liquidity and cash flows of the business.
  • Insurance specialist: Insurance specialists are experts who verify medical insurance credentials, interpret insurance policies and determine coverage. They specialise in billing and coding and are typically hired by medical and government offices, hospitals, and laboratories. Insurance specialists possess in-depth knowledge of insurance laws and policies, which they utilise to decipher complicated issues. They are also responsible for ensuring that the insurance adheres to the government programs and interpreting billing codes and processing claims. They may be required to keep track of patient records and perform other duties that are integral to the running of a medical office.

Pursuing a master’s degree in finance will help you gain skills that are extremely important for sustaining in today’s global business scenario. If you are looking to get acquainted with the skills that are most relevant to today’s finance and investment sector, then enrol yourself for an MA in Finance and Investments course, now!

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