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: 71Word Count: 519See All articles From Author

Career Articles

1. Important Things To Know Before Joining An Nda Coaching Center
Author: Rajesh

2. You Might Want To Teach English In Chiang Mai
Author: Guillaume Smith

3. Contact Professional Event Management Companies In Dubai To Hire Temporary Event Staff For Your Bran
Author: johncanely

4. Do You Want To Become A Community Care Worker
Author: swlocums

5. Keeping Your Child Safe Takes Considerable Effort
Author: swlocums

6. What You Need To Know Before Teaching English Abroad
Author: Guillaume Smith

7. Facts To Remember Before Seeking Tefl Jobs Abroad
Author: Guillaume Smith

8. Logo Designing: Hire A Designer To Make Inroads Into The Business World
Author: Kartik Patel

9. Preparation Methodology To Crack Has Exam 2017
Author: Mahender Singh

10. Find Tesol Jobs In China Online
Author: smithdaviys

11. Esl Teaching Jobs In China Offer Best Career Opportunities For International Professionals
Author: smithdaviys

12. Knowledge Retention | The Necessary And Sufficient Condition For Enhanced Productivity
Author: Ed Sherly

13. Choose English Teaching Jobs In China For Bright Career Opportunities
Author: smithdaviys

14. With A Variety Of Options For Digital Marketing Institute, Professionalism Is Just Few Steps Away!
Author: Snehal Desai

15. Excel In Your Career As A Hadoop Programmer With Webtek Labs
Author: WebtekLabs

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