Any job that requires a high level of expertise, skill, and knowledge pays exceptionally well. Accounting and Finance jobs are no different.
Every business no matter its scale requires a finance manager or an accounting professional to look over the books. Even personal tax filing and other financial planning issues are solved by these professionals.
There is a broad range of jobs you can do with a degree in Accounting and Finance. Here are the top three careers which offer great salaries and opportunities for growth to professionals in this industry:
1. Investment Portfolio Manager
There are various specialities you can go into as a portfolio manager but the main job is to look over your investors’ assets and plan for the long term. You can also buy and sell stocks on your client’s behalf.
Once you start a career here, you progress by increasing your clientele and managing more investments. This is also a great career if you want to create a business for yourself and not work for a corporate job. The average salary of Portfolio Managers is £143,573 in the UK according to salary.com[i].
2. Mergers and Acquisitions (M&A) Manager
M& Managers are expert strategists who advise CEOs above on how they can plan for the future by merging with different businesses. This job requires a high level of expertise in analysing finances and creating windows for profitability.
It also involves meeting with high-level officials and C-suits so it could lead to tremendous growth because you have the opportunity to network with industry leaders.
For this career path, you can expect an average salary of $154,298 in the US[ii].
3. Credit Analyst
The primary job of a credit analyst is to approve personal and company loans. They are hired by banks, credit card companies, or even venture capital firms.
Your job here is to assess the applicant's financial history and spending patterns to determine if granting a loan is in the best interest of your employer. Your findings will determine the rate of interest applied to the applicant’s loan.
The job outlook for this career is on the rise by 2.4% in the US. And the average annual salary is $74,970[iii] in the US and £42,652 in the UK[iv].
(You might be interested in: Top 3 Reasons A Masters in Accounting and Finance Is Worth It!)
Conclusion
Even though you can earn well with an undergraduate degree in Accounting and Finance, you can earn even more with a postgraduate degree such as a Masters in Accounting and finance, according to Investopedia.
Plus, this is a competitive industry, and you need to distinguish yourself from your colleagues to make a mark. For that purpose a Masters degree is useful.
With the technological advancements in the world today it is easier now to pursue higher education. Online Masters programs give you the chance to complete a degree without having to travel or pause your career.
SNATIKA is a growing online Masters Degree program destination around the world. We provide prestigious European Masters in Accounting and Finance to senior accounting professionals. Apply today and enhance your horizons to land a better job in the Accounting and Finance industry.
(Related Blog: How Can A Masters in Accounting and Finance Accelerate Your Career?)