The best jobs with a finance degree certainly beat the best jobs with many degrees, even though the job market may not be what is used to be. Even though youth unemployment in the US is still on the high side (16.2%), the economy added a total of 175,000 new jobs this year.
Today, we would like to focus on job opportunities for people who have just graduated from finance programs. The following countdown features the best jobs with a finance degree, according to their entry level salaries. Median annual salaries were taken into account for the purposes of this list. A median salary is the amount of money at which half of the people in the workforce earn less and half earn more.
The figures used in ranking the following job opportunities where taken from Glassdoor.com and the US Bureau of Labor.
Curious to see how much your finance degree could earn you? Let’s take a look at the countdown of the best jobs with a finance degree.
No. 4: Financial Auditor
Median annual salary: $49,000
Becoming a financial auditor is a possibility for anyone who has completed a four-year long Bachelor’s degree program. A financial auditor is charged with evaluating a business’ financial statement and public records so as to ensure they comply with the existing legislation.
Although the starting salary, $49,000 per year, is not the greatest in the industry, this job opportunity does offer growth potential, making it the No. 4 entry on our list of the best jobs with a finance degree.
No. 3: Junior Tax Associate
Median annual salary: $53,000
Taxation services are one field of the financial sector which will always remain in high demand. Because of this, becoming a junior tax associate is a highly feasible option for anyone who has just obtained their finance degree.
The starting salary, approximately $53,000 per year is not the highest on the market, but this particular job position offers numerous opportunities for growth. A Bachelor’s degree is typically enough to secure a job as a tax associate, although having other credentials can come in handy when talking to potential employers about the No. 3 entry on our list of the best jobs with a finance degree.
No. 2: Financial Analyst
Median annual salary: $60,000
Financial analysts are highly sought after these days, as numerous companies are starting to turn to professional advice for financial guidance. With a median annual salary of $60,000, becoming a financial analyst is the second highest paid job a graduate can choose.
The best thing about the second job on our list of the best jobs with a finance degree is that few companies require future employees to posses any past experience in the field, making it a perfect option for someone who has just graduated.
No. 1: Investment Banking Analyst
Median annual salary: $73,000
Choosing to become an investment banking analyst is the highest-paid option someone who has just graduated from a finance program has. The starting salary for such a job is the highest in the finance sector, amounting to approximately $73,000. An investment banking analyst is in charge with interpreting economic trends and financial data, as well as providing sound investment advice.
A Bachelor’s degree usually suffices, but a Master’s will increase your chances of getting hired quickly. Nonetheless, competition for securing such a job is quite high, so make sure you prepare yourself for the interview.
If you’d liked our breakdown of the best jobs with a finance degree, you’ll enjoy our “Top 4 Industries for Entrepreneurs.”