Does the terminology investment, assets, capital, stocks, shares, mergers, acquisitions fascinate you? If yes, then Finance is the field you should be checking out. Finance is a backbone of any business. Therefore a study of finance which deals with investments, ROIs, profits, losses is pivotal to any industry, thereby increasing opportunities and scope for the Finance graduates.
About the field:
Finance has long being a field offering enticing and at the same time demanding career opportunities to graduates and degree holders. Nearly every firm across industry needs a financial expert to monitor its investments and prepare financial reports or evaluate a financial proposal. There are varied roles that an individual can play as a financial expert, starting from a Trainee to a Vice President depending upon skills and experience.
What Specializations can you study?
As a Finance student you can specialize in the various areas including the following:
- Corporate finance
- Capital Markett
- Commercial banking
- Investment banking
- Risk management
- Financial reporting
- International Monetary Systems
- International Taxation
- Financial Engineering
Positions in which you can work after completing this course
A Finance graduate usually starts his career as an intern and steps upwards with experience and expertise. The breakthrough in the financial industry offers positions depending upon the candidate’s specialization. Few of the positions are mentioned below:
- Financial Analysts
- Senior Finance Analyst
- Finance Managers
- Research Analyst
- Equity Research Analyst
- Head Banc assurance
- Business Finance-Assistant Manager
- Project Manager – Finance
- Finance Controller
According to pay scale, the national average for a Finance Graduate in Germany is 52390.68 US Dollar which might change a bit with cities and roles.
A Bachelors’ degree in Finance usually lasts for around three to four years. A degree in finance encompasses subjects of Finance, Accounting, Management and Economics.
A Masters degree gives a deeper insight and understanding into finance to a student. It is usually a one or two year’s program. Albeit a bachelor’s degree is not mandatory for pursuing masters in finance, it is still considered an advantage if a student has prior knowledge of finance. It is therefore recommended that a student either takes up a short term course in Finance or gains some experience by working as an intern in the financial sector.
Companies hiring students of Finance:
Few of the best Finance firms are mentioned herewith:
- AXA Bank Europe
- Deutsche Bank
- Seyler & Tillemann
- Deutsche Börse
- Toepfer International
- Siemens Financial Services
- ERGO Group
- Generali Deutschland
University requirements for studying Business Degree:
You should in general have a strong understanding of Maths, Accounting and communication. You should be analytical in nature. A previous background in Finance is preferred. Universities usually give preference to the students having strong academic record. Understanding of the business world today too is an expectation from prospective students apart from the regular GMAT or GRE requirement.
How can you get started?
You can write your requirements and also share your CV with us on email@example.com.