![]() However, there are many different finance jobs with a variety of salaries. In general, finance majors make the most money in the financial industry. Where do finance majors make the most money? Whether you want to become a financial manager, an analyst, an accountant, or any of the dozens of other job titles for careers in finance, the salaries are some of the highest in the market for entry-level jobs. As technology increases and changes (i.e the blockchain), there will be a real need globally for expert financial professionals. The prospects for a career in finance are very good. Note: if you are considering becoming a CPA, we have an excellent guide to the best CPA review courses here.Īn accounting job, much like a financial analyst job, is a great entry-level position and many accountants will go on to become financial managers in the future. There are no official numbers for this, but the top 10% of accountants earned around $122,220 and it’s a good bet that those high earners were CPAs. The CPA (Certified Public Accountant) is valued very highly because it requires a high standard.Ī CPA will be able to earn a significantly higher salary than a non-CPA. Many accountants choose to further their career and earning potential by taking additional certifications. Again, you’ll need a strong understanding of cash flow and financial statements, and be able to advise your clients on how they can be more tax-efficient. AccountantĪs an accountant, you can work with individuals as well as corporations to help prepare their tax information and make sure it is accurate. This is one of the highest-paying entry-level jobs on the market and is a great stepping stone to eventually becoming a financial manager. Much of the job will be working in Excel, evaluating financial statements and ratios to determine the value of a company and assess risks and potential growth. You do typically still need a bachelor’s degree, but there are many online courses now which will allow you to learn the skills without a formal degree. ![]() Financial AnalystĪ financial analyst job is an interesting one and is a very good career for somebody looking to move into finance. Over 23,000 people in the U.S are hired as a financial manager every month and this is expected to grow 16% from 2018 to 2028. ![]() You will need a thorough understanding of financial statements and be able to critically evaluate them to create strategies for long-term growth.įinancial management is one of the fastest-growing finance careers and is where you have the most opportunity for higher earning potential. High Paying Finance JobsĪs we mentioned, a degree in finance and accounting is going to affect your starting salary with a lot of financial careers, and Kiplinger named a BS in Finance one of the top 25 degrees for a lucrative career.īelow are the top 3, entry-level finance jobs with the highest paying salaries: Financial ManagerĪ financial manager is a job that requires a lot of responsibility for a company’s financial health. Once you have the skills, certifications, and knowledge for a career in finance, what jobs are available to you? Let’s now take a look at some of the highest-paying finance and accounting jobs. Ability to use Excel spreadsheets and formulas.If you want to figure out if finance is the right career for you before committing to a bachelor’s degree, an MBA, or similar, there are many very affordable online courses available that will teach you about the fundamental and foundational topics. Of course, there are entry-level jobs that do not require a degree and your knowledge and skills learned with online courses can definitely help you to secure a job in finance or accounting–a degree just gives an edge on other candidates and generally means a higher paying job right out of the gate. Now a bachelor's degree is going to take a lot of time and effort, but if you want the best paying job possible in finance, it’s a great option. For example, a BS in Finance and Accounting Management. How to Get a High-Paying Entry-Level Finance Jobįinance is one of those careers that often will require a related bachelor’s degree. Put simply, finance and accounting is a hugely growing industry and there are many high-paying jobs in finance. ![]() Not only that, financial and business careers are projected to grow by 10% by 2026, which means there will be over 700,000 new jobs in the field. In 2018, finance and insurance represented 7.4% of the US GDP, which amounts to a $1.5 trillion industry! The finance market size has grown by over 2% every year since 2015 and it is predicted to continue growing. If you’re looking to start an exciting and challenging new career in finance, there has never been a better time to start. ![]()
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