Careers in Financial Services
Financial services is a massive industry that affects us all, in big and small ways. It covers everything from accounting professionals who keep your personal taxes in check to insurance companies that cover your assets against loss or damage. And it includes the critical financial market utilities that enable trading, clearing and settlement.
The finance sector is the cornerstone of our economy, enabling individuals and businesses to invest their capital, secure mortgages, make loans and pay for goods and services. The more vibrant this sector is, the healthier our economy. However, a weakening of the industry could lead to recession.
Careers in this field are extremely competitive and challenging. It’s not uncommon for professionals in the field to burn the midnight oil, especially at the beginning of their careers when they are building their networks or pursuing entry-level positions. This can lead to stress and work-life balance issues.
Whether you’re interested in a job in investment banking, debt resolution or another role within the industry, it’s important to be aware of the responsibilities and duties of each position. This will help you determine if the job is a good fit for you.
If you’re looking to get ahead in this industry, a daily habit of reading the Wall Street Journal or Barron’s can help you stay informed of current issues and trends. Your local library may also have subscriptions to these popular publications, allowing you to access them for free.