Financial skills are useful in every type of business from start-up firms to multinational corporations. Because monetary decisions encompass so many activities of the firm, financial people obtain a broad understanding of all of a firm’s activities. They often can jump from their specialized finance role to general corporate strategy and management. Consequently, in most firms one of the fastest routes from entry-level management to top management is through the finance area.
The financial services industry provides another set of career opportunities. This industry encompasses banks, brokerage firms, insurance and real estate firms, financial planning firms, pension funds, mutual funds, hedge funds, the securities markets, and numerous governmental agencies that oversee and regulate the industry. A degree in finance will qualify the graduate for entry level positions in financial services.