Finance as a career option offers broader aspects in knowledge, effective potential to earn, and amazing future opportunity. A career in finance is dynamic, diverse, and increasingly vital in our complex world. Let’s learn more about the potential the career in finance holds, especially when exploring different careers in finance and identifying the best paying jobs in finance.
High Salaries: In an industry like finance, there are fields like investment banking that hold a higher salary package than many other industries. These roles are often listed among the high paying finance jobs.
Bonuses and Incentives: Performance-based incentives or festival bonuses are also high compared to the other departments. Many such perks are part of lucrative finance jobs.
Complex Problem Solving: The finance industry requires complex problem-solving skills that involve market dynamics, understanding different data, and analysing it, etc. These skills are crucial for several jobs in finance, especially within finance major jobs.
Continuous Learning: The finance industry always has to go through an economical shift that allows employees to learn different skill sets every now and then. This is a common trait across many careers in finance, especially within top-level finance jobs.
Wide Range of Roles: The field in itself holds vast areas of interest including corporate finance, investment banking, etc., that could also be suitable for people having interest in different niches. The list of careers in finance is incredibly diverse.
Opportunities for Specialization: Each area of finance holds its own specialization, so if anyone is interested in one specific area, they could always proceed further. Many of these become part of finance major jobs in the long run.
Global Opportunities: Financial knowledge is a global need, and it is a global industry. Walking into a different continent or country could be possible with the right experience in finance jobs.
Financial Analyst: Entry-level financial analyst positions involve analysing financial data, report making, decision-making, and problem solving.
Salary range: ₹4–5 lakh per annum.
Accountant/Accounts Assistant: This job focuses on accounting tasks to maintain the financial health of a company. It involves tracking the market, expenditure, making reports, and providing monthly assistance.
Salary range: ₹2–5 lakh per annum.
Investment Banking Analyst: Usually placed at an investment bank, this role includes assisting bankers and handling IPOs.
Salary range: ₹2.5–5 lakh per annum
Auditor Trainee: Typically placed in internal or external audit departments to verify finance reports and report to seniors.
Salary range: ₹2.3 - 4.5 lakh per annum.
Financial Planner Trainee: Works under senior employees to provide advice on investment and retirement plans.
Salary range: ₹1–3 lakh per annum.
Senior Financial Analyst: Responsibilities include in-depth financial analysis, modelling, forecasting, budgeting, investment analysis, and risk management.
Salary: ₹3–19 lakh per annum.
Investment Banking Associate: Manages analysts, interacts with clients, and executes deals while conducting market research.
Salary: ₹17–23 lakh per annum.
Portfolio Manager/Assistant Portfolio Manager: Handles client interaction and manages portfolios based on client objectives.
Salary: ₹7–16 lakh per annum.
Corporate Finance Manager: Focuses on financial planning, investment analysis, capital management, and team leadership.
Salary: ₹17–25 lakh per annum.
Internal Audit Manager/Senior Auditor: Develops audit plans, leads audits, and assesses risks and controls.
Salary: ₹16–25 lakh per annum.
Chief Financial Officer (CFO): Handles financial strategy, planning, reporting, mergers, investor relations, and advises the CEO or board.
Salary: ₹22 lakh–1.5 crore per annum.
Chief Investment Officer (CIO): Oversees investment strategies, portfolio management, market analysis, and stakeholder communication.
Salary: ₹30–50 lakh per annum.
Treasurer: Manages liquidity, debt, banking relationships, and financial planning.
Salary: ₹20–25 lakh per annum.
Controller/Chief Accounting Officer: Manages accounting accuracy, compliance, reporting, and policies.
Salary: ₹20–38 lakh per annum.
Financial Analysis and Modeling: Includes financial statement review, ratio analysis, and scenario modelling.
Salary: ₹5 lakh per annum.
Bookkeeping: Involves recording transactions, maintaining ledgers, and ensuring accuracy.
Salary: ₹4–5 lakh per annum.
Financial Consulting: Includes client advising, data analysis, forecasting, and solution building.
Salary: ₹1–8 lakh per annum.
Tax Consulting and Preparation: Involves tax strategy, filing, and financial modelling.
Salary: ₹10–25 lakh per annum.
Virtual CFO Services: Offers strategic decision-making, forecasting, and risk management remotely.
Salary: ₹3–5 lakh per annum.
Corporate Finance:
Role: In a corporate setting, decisions are made that impact the overall company.
Activities:
Budgeting and forecasting
Financial planning and analysis
Managing cash flow
Capital budgeting
Risk management
Investment Banking:
Role: Assists clients from corporate, government, or institutional organizations.
Activities:
IPOs
Debt Financing
M&A Advisory
Sales and Trading
Asset Management
Strong summary: A good brief about yourself, where you highlight your experience, key strengths and goals.
Quantifiable achievement: Finance is field with numbers therefore the achievement in numbers count like “contributed X%” or “Curated and accuracy of data Y%”
Relevant skills: Mention the skills that are relevant to the job requirement. Like for data analysis, “data analytical skills” etc.
Concise content: don't add too much personal information, instead keep concise and to the point.
Section for projects: If you have done projects or internships related to finance during your college, mention it under a different section.
Resume keywords: Make sure your resume has appropriate keywords according to the job role, for this you could use our resume keywords, that will help you curate and add important keywords in your resume.
Resume scan: Check your resume before sending it, to make sure your resume passes the ATS checker. You can use a resume scan that gives the best curated result about your resume.
The finance field provides a wide list of careers in finance; one just has to structure their plan accordingly.
It offers high paying finance jobs, which makes it a financially rewarding career.
Growth in the finance sector is guaranteed and often outpaces other rising job markets.
Whether you're interested in corporate roles or freelance gigs, the world of finance jobs has something for everyone.
For graduates, there are multiple finance major jobs that offer opportunities right out of college, leading to some of the best paying jobs in finance later on.
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