A finance major can be a lucrative career choice for many college graduates. The finance industry is projected to grow by 12% in 2022, so there will be plenty of positions available. Entry-level finance jobs are a great way to get your foot in the door of finance. They’re a great starting point for finance professionals, and they offer an opportunity to learn from experienced finance executives that have been in the industry for decades.
If you are looking to begin your finance career, there is no better time than now. Finance organisations are transforming and the demand for entry-level finance jobs has never been higher. The finance job market is competitive and highly selective, so you’ll need to stand out from the pack with a finance degree and a strong skill set.
There are many entry-level finance jobs that you can pursue after learning finance and accounting courses. If you are a graduate of finance, accounting, or business degree programs in the year 2022, then this article is for you! In this post, we will discuss the top 5 highest paying entry-level finance jobs for 2022 graduates!
Top Finance Jobs For Future
The finance industry is one of the fastest-growing industries in the world, but it has a lot of competition. That’s why finance companies are always looking for new talent to fill entry-level positions. If you’re thinking about pursuing an entry-level finance career, here are the popular ones:
1. Financial Analyst
Are you a finance major who is looking for an entry-level finance job? Financial analysts are in high demand right now, and the finance job market is expected to grow by 17% in 2022 alone. They are responsible for providing expert advice on accounting and finance and making decisions about the fiscal health of a company. Financial analysts provide these services to both current employees and outside investors of a company. Here are the benefits of becoming a Financial Analyst:
- Financial Analysts can make a median salary of $58,000.
- The average starting salary of a Financial Analyst ranges from $45,000-$65,000.
- Financial Analysts has the potential for rapid promotion opportunities with experience as well as increased pay.
- Financial Analysts have access to work benefits such as group health insurance and retirement plans.
- It is possible for Financial Analysts to work from home or on the go via remote working options like Skype or Slack.
2. Tax Associate
Tax Associates are one of the most in-demand finance jobs for college graduates. According to Glassdoor, this role is ranked number 2 on their list of finance jobs with the highest starting salaries. Tax Associates usually work for accounting firms and provide tax preparation services to individuals and businesses during tax season.
Tax associates are the financial backbone of most corporations. They help ensure that all taxes and financial needs are met for their company. As a result, tax associate jobs in finance have become an increasingly popular career path for recent graduates. the Bureau of Labor Statistics predicts that there will be more than 10,000 job openings for tax associates by 2022!
3. Credit Analyst
There are many finance jobs to choose from, but credit analyst is one of the most popular finance careers. Credit analysts perform analysis on the risks and performance of individuals or companies who seek loans or other forms of credit. The job role of a Credit Analyst has grown exponentially in the past few years, making it an excellent entry-level finance position. Credit analysts are finance professionals who work with:
- Different types of credit products, such as mortgages and auto loans
- Assess the risks involved with lending money
- Analyze various factors that affect the risk profile for a product
4. Budget Analyst
It is a finance professional’s responsibility to analyze budgets and other financial data. Budget analysts are responsible for analyzing the budget of a company, department, or individual in order to help them make better decisions about finances. If you want a finance career that will allow you to work with budgets and analyze data, then the budget analyst job role is for you. It’s an entry-level finance position that can lead to other opportunities in finance. The skills required for a Budget Analyst are:
- Analytical skills
- Problem-solving skills
- Communication skills
- Detail-oriented skills
- Math skills
- Writing skills
5. Personal Financial Advisor
A Personal Financial Advisor job is perfect for someone who wants to help others plan their financial future and earn an income helping people make better decisions with their money. A Personal Financial Advisor is a finance professional who provides advice and guidance to individuals, families, or businesses on financial decisions. This finance job typically requires at least a bachelor’s degree in finance or business management. Entry-level positions for this role are often available with an associate degree in finance. The job responsibilities of a Personal Financial Advisor are:
- Public speaking to groups or individuals about how to manage their finances
- Conducting workshops for businesses about employee benefits packages
- Writing articles for magazines about managing money
As you have read, the finance industry is one of the fastest-growing industries in our country with a consistently high demand for new employees. The finance industry has changed drastically over the last decade, and it will continue to evolve. If you are looking for an entry-level career with a lot of opportunities to grow your skillset, then this might be the perfect job for you!