A career in finance can be highly rewarding in a number of ways. Individuals working in this field get to enjoy the fast, dynamic pace of the industry, while also shaping the business world and new financial regulations.
While most people who work in this industry often have to deal with a high-pressure environment with frequent developments and changes, they get to use their analytical and financial skills to influence and drive business’ financial decisions.
Most individuals working in the finance sector have a high school qualification as well as a tertiary qualification.
Not all people can afford to further their studies after high school though. A vast number of people are forced to find employment straight out of school. If fortunate enough, they may end up in some of the top paying careers in finance without a degree.
Loan officer
A high school qualification is the minimum requirement for this job. They essentially evaluate, authorise or recommend approval of loan applications for people and businesses.
Individuals also need to have good people skills, with excellent analytical skills and a good head for numbers.
Bookkeeping, accounting or auditing clerks
Entry into this job usually requires an individual to have good organisational skills, excellent computer and mathematical skills. Duties may include producing financial records for companies and updating financial statements.
Additional responsibilities may include handling payroll, billing and purchasing. This is an ideal entry-level position for a career as an accountant of financial management.
Commodities trader
In this job, you buy and sell goods such as oil, grain, metals, sugar and coffee on behalf of their clients. Many commodity traders now also specialise in complex financial products based on a wide range of asset, including shares and bonds. With some effort and more knowledge about finances, you can turn this into one of the top paying careers in finance without a degree.
How to get ahead:
- Work hard and be a sponge
- Learn as much as you can
- Don’t be afraid to invest your time in something that might not have an immediate return
