The career development direction of financial people

Insurance companies

Insurance companies have recently become capital predators in the capital market, and huge amounts of insurance funds have frequently intervened. Brands include many A-share listed companies. In fact, insurance companies also need a large number of financial personnel, because insurance funds are mostly used to invest in financial bonds or funds, so financial personnel need to conduct relevant investigations on the company's financial status, operating capabilities, credit, etc., and decide on investment objects and combination methods. Reduce investment risks.

Investment Bank

Investment bank, referred to as investment bank, is at a high level in the financial food chain. Employees in well-known foreign investment banks such as Goldman Sachs and Morgan are also regarded as synonymous with high salaries.

Investment banks have many businesses, including financing companies, helping companies package and sell stocks, and assisting in completing acquisitions and mergers between companies. However, to enter investment banking, the requirements are generally relatively high, and the work pressure is not small. Domestic investment banking business is mainly handled by securities companies.

Tina from the Gordon Career Development Research Center pointed out that generally speaking, there are many areas where financial professionals can develop, but different areas have different requirements for abilities and knowledge. When financial people establish their own career plans, they must first consider their own needs clearly, which ones are more important to them and which ones can be ignored. Then compare the characteristics of different positions to find the financial development area that is most suitable for you.

Corporate Finance

A large number of financial people have moved to the financial management field of enterprises, that is, they go to private enterprises, private enterprises, state-owned enterprises and other places to do financial accounting and other work. Generally speaking, depending on the industry in which an enterprise is located, the relevant financial processes will be different, and it is also necessary to have certain understanding and insights into industry policies, procurement, etc.

The recent wave of IPOs has become stronger and stronger. Companies are willing to pay high salaries to hire knowledgeable people, thus attracting a large number of outstanding financial talents. If you want to become a senior financial talent in an enterprise, you should not just stay in the basic financial accounting business, but also be able to make suggestions for corporate finance, learn CMA knowledge, and transform into management accounting.

Firm Audit

Auditing is another system for the career development of financial personnel. There are domestic firms, as well as high-end auditing institutions such as the Big Four accounting firms, which mainly provide financial report auditing, tax consulting and other services to listed companies. Working as an auditor in one of the Big Four provides you with the opportunity to come into contact with different companies and industries, and to get to know clients from all walks of life. It is a good starting point for your career. After entering, you generally need to take the CPA exam if you want to be promoted.

Commercial banks

Commercial banks accept deposits, but mostly lend money to companies and individuals. If you join a bank to do finance, you need to understand the bank's entire set of operating procedures and business processes. There are many positions in banks, including cash management, personal or small company deposits and loans, foreign exchange and other departments, with a wide range of businesses.

Fund companies

Domestic fund companies include public offerings and private placements. They mainly manage assets for customers and seek continuous appreciation of assets. If you work in a fund company, you have to study the development and trends of stocks and other securities, that is, decide when to buy which stocks and when to sell them.

The income of a fund usually reflects the level of the fund manager and is also a measure of the asset management level of the fund manager.