Financial Planning Professionals are critical to the success of any financial investment and corporation. A Financial Planner is required to research the market trends, make projections, make and analyze financial budgeting, determine the potential for certain investment modes, accurately forecast the streams of income from recommended investments and base their decisions on their analysis.
Pursuing a Career in Financial Planning
For a career in Financial Planning, you need to be very good at your quantitative and analytical skills, but apart from that, you need to have a very good understanding of Finance, investments and returns and the way financial instrument and commodity markets work.
You need to know the inside out of financial trading and should be able to recommend sound investment decisions under pressure depending on your financial and market analysis.
Financial Planning Career: Qualification, Courses, Training
In order to qualify for a position in Financial Planning, you need to have a Bachelors degree in Finance, preferably with majors in Financial Analysis.
A postgraduate degree would be even better and holding a Finance certification such as the CFA or Chartered Financial Analysts could play a key part in why you would be selected for a job that pays you well. The greater the related work experience in Financial Planning, the better the chances of selection of a candidate.
Financial Planning Career: Schools, Colleges, Universities
The following are a few examples of the best Finance schools from where you can pursue the required educational qualification for a career in Financial Planning.
- Sloan School of Management, MIT, Cambridge, MA
- Harvard University, Harvard Business School, Boston, MA
- University of California-Berkley, Berkley, CA
- Stanford University, Graduate School of Business, Palo Alto, CA
- Pennsylvania State University, Smeal College of Business, University Park, PA
- University of Pennsylvania, The Wharton School, Philadelphia, PA
- University of Chicago, Booth School of Business, Chicago, IL
Financial Planning Career: Job Opportunities, Salaries and Recruitment
Tremendous growth is expected as far as the job opportunities in Financial Planning is concerned, with a growth of no less than 30% for Personal Financial Advisors for the period 2008-2018. The median annual average of professionals with a career in Financial Planning is $69,050.
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