Finding a Job

6 Types of Finance Jobs

February 22, 2021

Working in the financial field can be an exciting and profitable career choice. There are many roles you can fill in the finance industry, depending on your experience and skillset. If you are familiar with a variety of finance jobs, you will be equipped to choose a career that suits you best. In this article, we discuss different types of finance jobs, including their requirements, responsibilities and salaries.

Read more: Finance Resumes: Samples and Templates

Why get a job in finance?

Several benefits come with having a finance job. First, the industry as a whole is comparatively secure. As long as companies and individuals are making money, they will need someone to analyze their budgets, manage their accounts and protect their savings. Second, finance jobs are often high-paying.

Finance professionals are often required to possess specific educational degrees and skillsets, so they are usually well-compensated. Finally, an entry-level job in the financial field should allow opportunities for advancement. If you can prove yourself to be a trustworthy, competent and skilled employee, you may be eligible for promotions or raises within just a few years of working.

Related: CFA Exam: How to Advance Your Financial Career

Types of finance jobs

Starting a career in finance is an exciting step on your career journey. Before you begin applying for positions, learn about the different types of finance jobs available, including:

Corporate finance

A job in corporate finance involves handling the finances of a particular company or organization. Corporate finance employers look for employees who are trustworthy, experienced and skilled. You will most likely need a bachelor's degree in business, finance or management. Familiarity with how a corporation functions will set you apart from other candidates. For an entry-level position, you will also need excellent organizational, communication and technical skills.

Read more: Financial Analyst Resume Examples

Financial planning and advising

Another interesting type of finance job is financial advising or planning. Financial planning involves meeting with a client and helping them create a functional plan for their personal funds or business finances. Being a financial advisor provides an opportunity to use your financial expertise to help others directly. If you are familiar with financial law, investing practices or insurance policies, you could be a valuable asset by advising companies and individuals in a variety of industries.

Training for this type of job typically comes from obtaining a college degree in finance or business, or through several years of practical experience in the financial field. Some skills necessary for this kind of job include communication skills, management skills and attention to detail.


Banking is the most well-known kind of finance job. Working in a bank is a good entry-level career option for someone looking to get into the financial field. Commercial banks offer a wide range of financial services, including checking accounts, savings accounts, loans and IRAs. You can find work in a variety of roles, such as:

  • Bank teller
  • Branch manager
  • Loan officer
  • Marketing director

Most banks require hirees to earn a bachelor's degree beforehand. The requirements for experience level and specific skillset will vary depending on which position you are interested in. If you find success working for your local branch, you may eventually be promoted to work in the corporate office. If you have experience with interpersonal communication, customer service and administrative skills, working in a bank could be a beneficial career choice for you.


Accountants are a crucial part of maintaining a company or individual's financial health. They can work independently, but most work for an accounting firm. Corporate accountants handle a variety of financial processes to make sure the company or organization can function smoothly. Private accountants review and update their client's financial records to make sure they are following the law and using their money wisely.

Accountants typically need a Bachelor's Degree in Accounting, Finance or Business. The best accountants are skilled in finance management, decision-making and business communication.


Investment professionals are primarily facilitators. They help pair individuals and companies who need funds with investors who can supply them with resources. Ideally, these partnerships are mutually beneficial, and the investment professional is usually well-compensated for their role in facilitating the connection.

Skilled investment professionals are crucial in the financial field since many individuals and companies choose to invest their funds based on advice from an investment firm or an independent broker. The majority of investment professionals have a Bachelor's Degree in Finance, Accounting or Economics. Investments advisors and bankers must also obtain a license to practice. Important skills for investment professionals include communication, negotiation and critical-thinking for working in a fast-paced environment.


Working in insurance can be a versatile entry into the financial field. Insurance professionals work for large insurance agencies in a wide variety of roles. You can apply for a job as an insurance salesperson, an agent, a customer service representative or an actuary. All of these roles are involved in providing quality policies for the agency's clients.

The insurance industry is currently thriving, and agencies are constantly searching for suitable candidates to fill positions. You might be eligible if you have a Bachelor's Degree in Finance, Business or Administration. You will also need specific skills depending on your desired job title, including customer service, management, communication and interpersonal skills.

Read more: Your Guide to Careers in Finance

6 jobs in the financial field

If the information above piqued your interest in finance, you might consider pursuing one of the following finance jobs:

National average salary: $40,070 per year

Primary duties: Bankers may be expected to aid customers with opening and maintaining bank accounts, keep clients informed in regards to bank policies and security measures, and advise customers on financial matters and resolving any bank-related issues. They may also sell the bank's services to any potential clients.

National average salary: $54,558 per year

Primary duties: Accountants are typically hired to record the rate of outgoing and incoming funds, consult with their employer regarding taxes and tax returns, and audit finances to ensure the company or individual is using their money effectively. They may also write and edit financial reports and offer suggestions for updates to a budget or spending plan.

National average salary: $66,083 per year

Primary duties: Common duties for a financial advisor involve discussing short and long-term financial goals, creating a manageable and personalized budget and advising clients on investments. Additional duties include assisting with taxes and related laws and ensuring clients' business practices are safe and legal.

National average salary: $68,538 per year

Primary duties: The typical responsibilities of a financial analyst may include assessing the company's spending, making adjustments to budgets and creating a strategic business plan. They could also project future profits and potential losses, and write and review financial reports and documents.

National average salary: $80,785 per year

Primary duties: Investment managers are often responsible for advising their clients on which stocks and bonds to buy or sell, underwriting securities and placing them with investors, and meeting with other investment professionals to negotiate agreements. Additional responsibilities could include overseeing mergers and acquisitions, strategizing for future investments and making market projections.

National average salary: $206,239 per year

Primary duties: The specific duties of an insurance agent might include speaking directly to clients, supplying personalized policy quotes, analyzing risk using quantitative data to estimate premiums, answering client questions and troubleshooting issues. They could also pitch insurance policies to potential customers.

Read more: Insurance Sales Resume Examples

How to get a job in finance

If you are interested in finding a job in finance, consider following this common financial career path:

1. Education

Pursue a relevant bachelor's degree. Majoring in finance, business or a related field is a great way to begin your journey in a financial career. Getting a master's degree in a financial discipline is not required but will certainly increase your chances of landing a high-level position.

2. Entry-level job

Find an entry-level position at a firm, organization or business. You would spend a few years acquiring skills and practical experience in pursuit of a promotion. You could continue working your way up in the company or you might decide to seek employment elsewhere. Regardless of your current job title, it is important to constantly seek out opportunities to improve your skills, increase your experience and grow professionally.

3. Seek out a higher-level position

After you have some practical experience and relevant skills, you can seek a finance job that suits you. This could be in the field of accounting, banking, investment, insurance or others. Your personality, work style and skills will dictate which type of finance job is the best choice for you.


View More 

10 Careers in Agriculture Engineering (Plus Salaries)

Learn about 10 careers in agriculture engineering that you can pursue, including the national average salary and primary job duties for each position.

22 Careers for Estheticians (With Salaries and Primary Duties)

Learn about several career paths you can pursue with an esthetician license, along with information on average salaries and primary duties for each role.