The job market has become a very competitive sector. Your potential of securing a job is largely determined by your academic qualifications. You should also consider the number of employees required in your preferred sector. It is very hard for someone to come up with concrete figures for the various degree finance salary.
Any career in the finance industry attracts a very healthy salary. The benefits attached to the said jobs are also very appealing. If you ensure that you have the required credentials, you will be able to earn a hefty salary from whichever job you secure in the finance sector. Those in the financial planning are the ones that attract the lowest pay in the financial sector according to surveys. Professionals have predicted a change in this trend in the near future. This is because those who are retiring require the services of financial planners; and they will therefore increase the demand for their services.
Investment banking is the most competitive and therefore offers the most handsome pay for their employees. These job opportunities are restricted to the main banking locations. The job comes with a lot of pressure. You are expected to work for very long and tedious hours. Jobs in the corporate finance sector fall in between the two extremes. The kind of remunerations expected is largely determined by a number of factors but it is largely on the responsibilities each post holds. If you rise in ranks in a reputable organization, you can earn very good salaries.
You can improve your chances of getting better pay by increasing your skills. Some of the organizations hire professionals with research and analytic skills to handle research. There is a rise in demand for those qualified to handle research projects. This has made the salaries of those equipped with such skills increase in folds.
If you are hard working and industrious, you will be able to successfully attain a finance degree in a number of areas. The employment opportunities for those in this field are always available and the salaries are very attractive. If you arm yourself with a PhD in finance, you will be able to secure yourself a very good position in the finance world.
In the coming years, a number of business schools will be required to hire qualified persons for the various positions in their faculties. Those with PhD’s in finance will stand a higher chance of getting the six digit salaries.