The Highest Paying Jobs in Finance That Require a Bachelor's Degree

‍There are many different jobs within the finance industry, and each job has its own set of challenges and responsibilities. The role you take in finance, however, will also affect how much you get paid. Professional trust and financial advisors have seen their wages increase by 14% over the last decade, while roles like accounting analysts have only seen an increase of 4%. This means that those who work in more specialized roles can command a higher salary than those in entry-level positions. Working as a financial advisor or accountant is not going to be the highest paying job in finance unless you further your education and get certification as such. In order to rise up the career ladder, it's important to consider a master’s degree in finance or an MBA.

Finance Jobs that Pay Over $100,000 a Year

Depending on where your career path takes you, you may find yourself earning over $100,000 annually. Most of these positions require a bachelor’s degree as a minimum, and some may also require a master’s degree. If you’re looking to reach the higher echelons of the world of finance, you may want to consider getting an MBA.

Securities, Commodities and Financial Advisors

Securities, commodities and financial advisors have one of the highest earning potentials within finance. These advisors specialize in the finance industry, providing advice on the best financial products for their clients. They can advise on any number of products, including stocks, bonds, investment funds, insurance policies and annuities. They may also provide advice on managing and growing a person’s portfolio of stocks and other financial products. In order to become a financial or securities advisor, you will need to obtain a securities license. You can accomplish this by earning a bachelor’s degree in finance, taking a series of exam and obtaining the required work experience.

Computer Programmer/Software Developers

Computer programmers and software developers work primarily behind the scenes, creating computer systems and software that businesses, governments and other organizations use on a daily basis. They may create websites, apps, computer programs or other software programs. If a business or organization needs a new system created, a programmer will be responsible for designing it and testing it before it goes into use. As newer technologies emerge, computer programmer and software developer positions will likely become more in-demand as businesses and other organizations seek out programming services for new products. In order to become a computer programmer or software developer, you will need to earn a bachelor’s degree in computer science or computer programming.

Accountants and Auditors

Accountants and auditors are responsible for ensuring that businesses are in compliance with government regulations and that financial records are accurate. They may work for a business or government agency auditing their financial records. Accountants and auditors also prepare tax returns and may advise clients on how to reduce their tax burden. For individuals working as accountants and auditors, the amount you make is largely dependent on the level of expertise you possess and the industry you work in. Accountants and auditors who work in the public sector, for example, make significantly less than those who work in private industry. In order to become an accountant or auditor, you will need to earn a bachelor’s degree in accountancy or a related field.

Investment Bankers

Investment bankers work in the financial services industry, helping companies raise capital through the sale of stocks and bonds. These financial instruments may be offered as a way to raise money to finance a new project or product or to repay debt. Investment bankers may also help individuals invest their money in stocks, bonds and other types of financial products. For investment bankers, the amount you earn will largely depend on your level of experience. Additionally, investment bankers who specialize in mergers and acquisitions tend to make significantly more than those who specialize in securities. In order to work as an investment banker, you will need to earn a bachelor’s degree in finance or a related field.

Financial Managers

A financial manager oversees the financial decisions of a company or financial institution, such as a bank. They may also ensure that company or institution complies with government regulations regarding financial transactions. A financial manager may also oversee the hiring, firing and promotion of financial officers such as accountants and auditors. Financial managers generally make more than accountants and auditors due to the level of responsibility and managerial oversight that comes with the job. In order to become a financial manager, you will need to earn a bachelor’s degree in finance or a related field.

Conclusion

The finance industry is one that will likely always be in demand, especially as people are always looking for better ways to save money, earn more and better manage their finances. With a wide variety of jobs available, there is something for everyone in finance. To make the highest pay, it will take a combination of education and experience. While a bachelor’s degree is usually enough to get your foot in the door, many of the highest paying jobs in finance require an advanced degree. It’s also important to keep an eye on the changes happening in different industries as they may lead to new job opportunities down the road.

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