Career options in International Finance
The person who does financial analysis for external or internal clients is called financial analyst. Financial analysts help people decide how to invest their money. There are various other terms such as securities analyst, research analyst, equity analyst or investment analyst which are used for financial analyst. Besides financial analysis, a finance analyst performs duties such as writing reports as a part of brokerage which may contain fundamental analysis principles. Additionally, technical chart analysis and tactical evaluation of the market environment too are considered cardinal part of a financial analyst’s job.
Though slightly different, financial analysts’ job is like one of financial planners. At times financial analysts work in close coordination with financial planner to reach out to some conclusion related to investment choices. The essential part is that financial analysts possess higher level of expertise over finance management and financial analysis. Offering investment suggestions to clients, evaluation of the economic outlook of different sectors and industries for organizations are some other duties bestowed on financial analysts.
Job Prospects in Finance
Financial analysts have ample job opportunities with insurance companies, banks, securities firms, pension and mutual funds, etc. As the fundamental skill of financial analysts is to assist customers in the investment process, they can even have their own office and operate independently and develop a sound customer base.
Additionally, they can do accounts and prepare financial statements, do auditing, or assess taxes. Cost accountancy is another segment where a financial analyst can excel. Some financial analysts are hired to do special company work or investigate and ascertain the financial position of business house for the purpose of issue of new shares, purchase or sale or financing of business, etc. Secretarial work in companies, account management and share valuation, etc are some other works for financial analysts.
Private Sector Jobs in Finance
The private sector is characterized by incentive structures within banks that force you to be competitive, but that can also reward handsomely. Generally the jobs in this field have to do with gathering and interpreting financial data that can assist in corporate financial decisions and new investment opportunities for their company or client.
Jobs in banks before the recent financial crisis were known for what could be bonuses in multiples of what a person’s annual salary was, which is much less the case after the financial crisis. Most jobs in this sector are shrinking, and many of the most respected experts think they should be. However, opportunities for international students to have careers as certified financial planners are likely to significantly increase in demand as the next generation retires.
Public Sector Jobs in Finance
Generally, jobs in the public sector – within government – tend to incorporate a much more robust view of what is happening in financial markets as a whole. Responsibilities tend to be structured around gathering and interpreting financial data to facilitate funding for public projects. International students will also find career opportunities to work with public officials to analyze their government’s cash flow and bond reports, or advising on matters relating to satisfying other regulatory and compliance structures.
The financial public sector still offers higher salaries than most non-financial fields, but clearly less than the private sector. These jobs also afford the opportunity to spend your career gaining a wider understanding of international markets as a whole, not just on a micro-level for a client or business.
Depending upon the calibre and capabilities, international career for financial analysts is open. World famous finance companies such as CitiMartgage.Inc, Bank Of America, Wells Fargo Bank, National City Bank, PNC Bank, National Association, Technology Credit Union, etc hire candidates from various parts of the world. Additionally, extraordinary talented financial analysts can make career in stock exchange companies such as New York Stock Exchange, Tokyo Stock Exchange, NASDAQ, London Stock Exchange, Toronto Stock Exchange, Hong Kong Stock Exchange, etc.
Life as a Finance Professional
People who do well in careers in finance love crunching numbers, analyzing data and drawing conclusions that apply to the real world. They also need to be persuasive. Large pools of data and information can be quite nebulous and complex – the world of finance requires professionals who can translate them into something practical and concrete that can be depended upon in the real world, often with high stakes riding on their predictions.
Most entry level jobs in all branches of finance only require a bachelor’s degree and minimal experience, which can be gained through internships during college. Even with significant changes to the finance sector, some of the most common career titles still include banker, financial analyst, actuary, or accountant. There are also increasing opportunities in fields with titles to match courses that are becoming increasingly more available on college campuses like urban fiscal policy, venture capital & finance innovation, global monetary and financial stability. There is no question that the financial crisis has majorly changed the landscape of careers in finance, but finance remains among the most competitive and attractive career fields.
Czech College in Prague is a private management school focused on teaching Business in English.Despite the distinctively Czech names of its corporate backers, the school prides itself on its international nature.
Enroll in a course at the prestigious Czech College, choosing to study in English, and at the same time explore the the dynamics of the country, its culture.
Take advantage of Prague’s central location in order to see the many cultural sites of Czech Republic and other European cities such as Budapest, Vienna, Krakow, or Berlin which are just a train or bus ride away.
At present Czech College offers following business oriented courses to International Students . And the academic section is working on many more courses that will be introduced next year.
Course Name Level Intakes Progression
PGDSM Postgraduate July/Nov/Feb MBA
UGDBM Undergraduate July/Nov/Feb BBA
Contact Czech College, if you are thinking of studying in Europe . We will be happy to help you with your queries.