123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Career >> View Article

Top 4 Misconceptions About Careers In Finance

By Author: Howard Smith
Total Articles: 49

The finance industry is seen as a dog-eat-dog world with high risks and huge rewards. Stress levels are off the roof, too. Imagine stockbrokers and how they need to watch the market, play their hands and take a few people with them on their financial ascent. Imagine financial consultants who need to study their client's accounts and advise them on what to do to save a little bit of money while earning a whole lot more. Financial careers seem to be fruitful, but why are there not a lot of people in the industry? It's because of several misconceptions about it that puts off a lot of people.

Insane Hours
One of the main reasons why a lot of people don't want to take a career in finance is because of the hours. They believe that for them to make a lot of money, they have to work fifty to sixty hours a week. While working that amount of hours is not impossible in finance, it is optional and highly dependent on how good you do your work. For instance, if you are a financial consultant, you actually have control over your hours. If you feel like the usual eight hours isn't enough, you can add more clients for you to earn even more.

Get Rich Quick
Another misconception with financial career is that it is the promised land of financial freedom. With insane hours comes insane income, right? Not necessarily. Granted that financial jobs pay really well, but the pay you receive will be proportional to the amount of work you are doing and have already done. Initially, you'll only be able to earn a lot by adding a lot of hours. Let's take the consultant scenario again. As a newcomer, you'll be posed with problems on finding clients. When you do find them, you start at a lower rate. This means you have to be working for more clients to earn good pay. Once you have already made a name for yourself and are valuable to your clients, you can start charging a higher rate.

It's a Grind
If there's anything people hate as much as working too much, it's working too little. Some would look at financial careers as a grind; that it involves doing the same things over and over again for years. This isn't true. When you embark on a financial career, you actually learn a lot of new things that you didn't learn before you graduate. The more you stay in your chosen path, the better you become.

All About Banking
Finally, people think that a financial career only involves working at a bank. You actually have a good number of career paths with finance. If you've got the skills, you can work for any other company that deals in finances. For instance, you can work at loaning companies that cater to government employees. You can take your accounting skills and put them to use in insurance companies. If you really think about it, there's a really big market for finance.

If you're looking for a job in in insurance, you can visit markssattin.com.au and do an insurance job search.

Total Views: 76Word Count: 519See All articles From Author

Career Articles

1. Pursue A Demanding Career With Php Training In Bhopal
Author: Sanjay Burman

2. Best Universities For Ms In Civil Engineering
Author: National Institute of Building Technology Nashik

3. How Fmcg Job Consultants In India Are A Blessing?
Author: jennifer jam

4. Job Vacancies In Philippines
Author: Jay Torres

5. Career In Cyber Law
Author: Radhika Kulkarni

6. How Digital Marketing Classes In Mumbai Prepare You For A Bright Career?
Author: Kunal Iyar

7. La Mode Rencontre La Fonction Dans Le Dernier Projet Du Concepteur
Author: sherobe

8. Bangladesh Police Sergeant Job Circular 2017 Www.police.gov.bd
Author: Shamim REja

9. Child Development Center In Clementi
Author: child development center in Clementi

10. How To Find The Best Recruiters In Los Angeles In Your Niche
Author: Tim Donnelly

11. What Is The Scope For Data Analyst In 21st Century?
Author: Sandy Dsouza

12. Top 10 Good Reasons To Pursue An Mba
Author: Mangalmay

13. Temporary Staffing: A Permanent End To Staffing Worries
Author: Kartik Patel

14. How To Find The Career That Is Right For You
Author: Dr. Jimmie Flores

15. Smart Tips To Crack Ugc Net Commerce 2017 Entrance Exam
Author: POOJA BALA

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: