Many Finance professionals turn to a career in Personal Finance to enjoy the liberties it offers. Personal Financial Advisors are among the most dynamic and successful Finance professionals who assist private investors to manage their portfolios. The position involves handling all the financial trading and transactions, staying updated with the market trends and news, coordinating with the investor about the decisions pertaining to the portfolios and to analyze the trends to make the right investment decisions.
Pursuing a Career in Personal Finance
While a career in Personal Finance would sound one with great benefits and freedom to aspiring Finance professionals, it requires great vigilance, concentration, commitment and most of all responsibility and initiative. It is the perfect opportunity for self-driven individuals who like to explore the new limits of their own excellence. It would involve working very closely with your clients and offering them your most sincere advice about their investment decisions and developing a level of trust.
Personal Finance Career: Qualification, Courses, Training
In order to qualify for a career in Personal Finance, you should be holding a Bachelors or Masters degree in Finance. Although related disciplines like Financial Economics could also be expected to be accepted but Finance professionals are strictly suitable for these jobs. There are no experience restrictions on the position, although experienced professionals are preferred over young graduates.
Personal Finance Career: Schools, Colleges, Universities
Investment Banking is all about pushing up the limit of your standards and that is why pursuing educational qualification from top Finance schools like these should be your priority.
- Sloan School of Management, MIT, Cambridge, MA
- Harvard University, Harvard Business School, Boston, MA
- University of California-Berkley, Hass School of Business, 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
Personal Finance Career: Job Opportunities, Salaries and Recruitment
The prospects of career in Personal Finance grow with investment trends, but all in all it offers a healthy outlook as per the Bureau of Labor Statistics, which shows a 20% projected growth from 2008 to 2018. Professionals with a career in Personal Finance like Personal Financial Advisors can potentially be the most highly paid people in the industry, but their earnings vary from above $40,000 to over $110,000, depending on their personal profiles.
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