First, banks need to take the entrance examination organized by banks and pass the re-examination, which is similar to the civil service examination. Most of them work as tellers in banks, and tellers help customers with deposit and withdrawal business. A small number can enter the credit department and be responsible for lending money to enterprises or individuals. The credit department is more popular, because companies want to borrow money, usually giving gifts to the credit department, from which they can make money. However, it is not easy to get into the credit department. In addition to ability, it is generally related. This is an unwritten rule. At present, there are many people who want to enter the bank, but few people are willing to stay at the grassroots level, resulting in overcrowding at the top of the bank and lack of staff at the grassroots level. At present, the practice of most banks requires employees to start as "lobby managers" (that is, they are responsible for consulting, asking for directions, receiving and maintaining hygiene in the lobby of banks), and then work for a period of time (for example, half a year) before being assigned to various departments. Because many employees want to stay in the city center and are unwilling to transfer to the suburbs, the business hall in the urban area of the bank is overcrowded, and the business halls in the suburbs and marginal counties are understaffed. Now even if I work as a teller in a bank, I am usually assigned to suburban counties. If you want to stay downtown, you need someone up there.
Future: Working in a bank has little future. Don't dream of becoming the president of the head office. Almost impossible. A typical male bank employee's occupation is: after graduation at the age of 23, he works as a lobby manager in a bank; Became a teller after half a year (began to contact cash); Become a comprehensive teller at the age of 24 (handling more business); He worked as a teller for about three years; When the superior manager retires or has an accident, he is promoted to be the director (similar to the workshop leader) to manage the novices who have just entered the bank. Then work for three years, get promoted, and the title is rising, but the power will not rise much. When a 35-year-old looks like he can be the second-in-command of a business office and a 40-year-old looks like he can be the first-in-command of a business office, he is commonly known as the "director". Then if you know how to be a man, you can be a branch president of a regional bank at the age of 45, and then there is basically no room for improvement. If you can't be a man, you can't find a good job at the age of 40, and you can't get promoted basically. Prepare to retire in a few years. Basically, provincial governors and presidents of important city branches have no chance.
Generally speaking, bank work is relatively stable, suitable for people who like stability. Moreover, the social status is good, and men and women have no worries about finding a partner. At first, the income was very low, and when the position was high, there was more money. Social welfare benefits are very good. The competition majors that the Finance Department wants to enter the bank are Economics Department, Marketing Statistics Department and English Department.
Secondly, entering securities companies (as well as fund companies and futures companies) is the home of most finance graduates after graduation. What securities companies do is basically business work. Is the account manager, pull customers to open accounts for stock trading, fund speculation, stock index futures and so on. The basic salary is very low, but in a bull market, the commission will be high. A bear market may make you hungry. Securities companies can also do investment banking, but basically graduates of finance departments can't do investment banking. Because of the lack of accounting knowledge, securities companies generally recruit people who have graduated from the accounting department and passed the CPA exam to do investment banking. In securities companies, employees who are account managers are not as good as employees who are investment banks. Usually, securities companies will not focus on training account managers and employees, but simply let them die and let the competition law (survival of the fittest) decide. The account manager signed a labor contract with the securities company, but in the internal system of the securities company, the account manager is not an employee. They seem to exist in a concept called "establishment", which means "one of our own", while ordinary account managers mean "no establishment". Only when they are promoted to sales supervisor can they "have an establishment". There is a big difference in the treatment of employees without preparation and those with preparation. Generally, it is the basic salary of account managers (and securities brokers, etc.). ) Those who are not prepared are only about 1 ,000 yuan per month (less 800 yuan, more 1, 400 yuan, depending on the city), and the rest depends on the commission of customers' transactions, but they are "prepared". Employees engaged in investment banking will be "shaped" as soon as they enter, and employees who are account managers generally need one or two years to "shape".
Future: the promotion of securities companies is faster, because the elimination rate is high, others can't do it, leaving you, and you have been in the business longer than new employees, so you are promoted. You can be promoted to regional manager, sales director, etc. Or you can hang around for a long time, have experience in stock trading and become a securities analyst. Generally speaking, as long as you can get along in this industry, you can get along well around the age of 30.
Generally speaking, the entry requirements of securities companies are relatively low, and they do not necessarily need to graduate from the finance department or have a deep professional background. Basically, you can get into the high school calendar, and you need to have a wide network of contacts, know more big bosses and know more people. The more people open accounts, the more money there is.
Third, various investment companies.
Such investment companies usually flaunt their cooperation with large financial groups (such as Emperor Financial Group) or large exchanges (such as Tianjin Rare Metals Exchange), operate under the brand of large financial groups of large exchanges, flaunt themselves as their agents and partners, and want to hint to employees and investors that "I am a large financial group, I am a large exchange, and I have a good reputation. Please believe me, take money to open an account! " In fact, these companies are only small companies that open accounts as agents, and the relationship with exchanges or consortia is usually only the relationship between agents and agents. They mainly deal in gold (London gold, Tokyo gold, Hong Kong gold, etc.). ), foreign exchange (USD, GBP, JPY), rare gold (rare metals, indium), etc. Let people with spare money open an account for stock trading (minimum account opening amount is $5,000) and earn their own commission. These three types of investments are similar to futures, which can be long or short, and are more flexible and risky than stocks.
At present, such small companies also provide "private equity funds", that is, invest a large sum of money (generally more than 300,000 RMB) and then hand it over to professionals to help you stock. When you earn money, you can share it with them, and they provide the minimum guarantee (that is, how much you owe at most, and the investment company will help you bear the extra losses). This industry is similar to securities. When I went in, I was also an account manager, pulling people to open accounts and earning commissions.
Future: This industry basically does not provide basic salary (some companies provide quasi-basic salary such as "living allowance"). You can have money only if you have customers, and you will be hungry if you don't get it. Because they are basically small companies, they are rising fast, but there is not much room for growth. The best model is to work for a few years, then have a foundation and start an investment company.
Finally, the insurance industry. Few people graduate from the finance department and enter the insurance industry. Even if there are, most of them are insurance agents, commonly known as "insurance salesmen". Few people can enter insurance companies, because they don't really need financial background, but need administrative management and file management.
Insurance companies have an "actuarial department" to estimate the natural evolution of population through the theorem of large numbers and the central limit theorem of probability theory. To enter this department, you need to take the "registered actuary". Not many people can take this certificate, and they are good at math, and the cost of the exam is also very high. If admitted, the income will be very considerable, 7 figures a year. Compared with the CPA mentioned above, actuaries can basically be called a piece of cake. Generally, people who take actuaries are 30-40 years old and have sparse hair. I haven't seen anyone who passed the actuary exam after graduation, so the fresh graduates can't basically enter this department.
Future: If you sell insurance, the income in the first year will be very low, but the longer you persist, the higher the income will be. There are two ways in the insurance industry, one is to sell insurance (mainly life insurance and auto insurance), and the other is to develop manpower, that is, your subordinates need you to recruit. After you have developed several subordinates, you will be promoted to "director", and then your subordinates will recruit his or her subordinates to develop step by step. The promotion speed of the insurance industry depends entirely on its own ability. The stronger the ability, the faster it will rise. There are salesmen-directors-senior directors-senior directors-department managers-senior managers-directors, etc. However, it should be reminded that no matter how high the promotion is, it still sells insurance, which has little to do with the insurance company itself.
Generally speaking, the insurance industry trains people, especially their courage and expressive ability. You can try. The threshold is very low, basically everyone can go, and often comes to the net. Social recognition is not high.
These are the major financial industries. In fact, you don't have to enter the financial industry to graduate from the finance department, but other industries can. I feel that most of the work in the financial industry should not be done by people in the financial department, but by people in the marketing department. I feel that most of them are selling and selling things. At present, there are many majors in colleges and universities, but the curriculum is similar. The finance department also studies marketing courses, the accounting department also studies international trade, and the business administration department also offers investment studies.