If you love numbers and talking money, you would also love to pursue a career in accounting. Finance and accounting will expose you to several promising career opportunities. Since finance is a global field, it is a popular choice of career among those who are looking for careers in different countries.
Working abroad will give you many benefits like improved intercultural competencies, soft skills and language skills, which improve your job prospects. It can also result in a higher earning potential. There are numerous career paths that are favourable if you are looking to work abroad. Some of them are :
Finance Careers With Great Demand In Abroad
Accountant
Accounting is one of the most popular career paths for commerce graduates and for those who love accounting. If you want to continue your career in India, becoming a Chartered Accountant (CA) might be your first option. Students who are looking to move abroad might check out the Association of Chartered Certified Accountants qualification as well. As a Chartered Accountant or an ACCA professional, you can work in a variety of finance fields like consulting, fund management, taxation, etc. Other than CA and ACCA , another qualification that can help you land opportunities in different countries is that of a Certified Public Accountant (CPA).
Financial Manager or Chief Financial Officer (CFO)
A Financial Manager or a Chief Financial officer (CFO) is responsible for financial reporting or cash management. A Financial Manager is a crucial part of any organisation. Financial managers are responsible for handling all the financial operations of the company whereas, in a larger organisation, a Financial Manager might specialise in certain areas of the finance.
Financial Analyst
One of the most popular career choices for finance professionals to build a career abroad is to be a financial analyst. To be a financial analyst you must attain the necessary licences from FINRA. Also you can enhance your resume with a CFA certification. CFA is an international qualification that helps you to find job opportunities across the globe. Financial analysts offer guidance to businesses about how they should be investing their money and also assess their existing financial situation.
Economist
Economists are one of the best career options for students who want to build a career abroad. They are responsible for analysing data to find trends and patterns about the current economic issues. This information needs to be recorded in the forms of charts, reports and tables. Economists can work in a wide variety of industries like education, healthcare, and development. An economist can work for a global company and help them figure out the demand for their products and services and ultimately increase their profits.
To start your career as an economist you need to have a four year bachelor’s degree in economics from a renowned college or university. Experience in economics and finance and keeping up with the latest economic trends can help enhance your resume and land you a good job as an economist.
Trader or Stockbroker
A trader or stockbroker is a professional who buys and sells stocks, bonds or other financial instruments, either for themselves or on behalf of a firm. If you love to work in a fast-paced environment and can perform well under pressure, stockbroker will be a right career for you. To be an authorized trader, a trader must have the appropriate Financial Industry Regulatory Authority (FINRA) licences. Also being a stockbroker, you can work for yourself. So being a stockbroker is a great career path to choose.
Personal Financial Planners and Advisors
Personal financial planner is responsible for managing an individual’s finances and investments. Planners and advisors are required to carefully monitor the finances of their clients, help them manage their portfolios, make investments and make long-term financial plans. Also they can work for a bank or an investment firm.
In order to be a financial planner, it is important to get the certification of Certified Financial Planner (CFP) before you start working. One of the biggest perks of being a financial or advisor is that you can engage clients from all over the world if you are qualified to do so. A financial advisor has short-term business relationships with the clients, whereas a financial planner has long-term business relationships with the clients. Also, Financial advisor or planner is a career that brings a lot of opportunities to work in different countries.
Financial Examiners
Financial examiners usually work for government organisations or private financial institutions. They are responsible for look after the financial records or loan documentation for their employers and look for the possibility of fraud or money laundering. You will need a four year degree in accounting to pursue this career. Sometimes you can work with a degree in any other stream. But you need to attend some accounting classes to work for the government organisations. If you want to take your career abroad, getting a CPA licence can be quite helpful.
Investment Banker
An investment banker can be hired by private companies or private organisations. Their responsibilities include in order to look over bonds, stocks, mergers and acquisitions, and other financial aspects of the company. Someone who has completed their graduation and has skills in accounting, finance, and economics are eligible to get into the Investment Banking profession.
Risk Specialist
Risk Specialist professionals are responsible for analysing potential losses or financial risks for insurance companies, firms, corporate lenders and banks. They analyses the risk to the earning potential of a company and the existing and future investment that are being planned. Risk Specialist professionals need to have great mathematical and reasoning skills. A person with a bachelor’s degree can become a Risk Specialist. Also some companies prefer professionals with a business management degree.
Actuary
Actuarial field deals with analysing and minimising risks to insurance, finance or other similar industries. They are responsible for assessing the probability of an unfavourable event occurring and analyse the potential financial impact it may have on the company. A four year degree in actuarial sciences, finance, or accounting and strong mathematical skills and statistical skills make you eligible for the Actuary profession.
Conclusion
Accounting and finance field is full of opportunities for those looking to work abroad. Getting necessary education, certification and some relevant experience in the finance field can make your dreams true.
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