Why Should You Consider a Career in Finance?

Many industries have attracted energetic and ambitious people looking for a better and long-lasting career. This includes the financial services industry such as stock brokerages, banks, credit card companies, investment funds, and other similar ventures.

But why should you take a look at job opportunities at the financial sector? Here are some of the reasons why.

More than generous compensation – Employees of financial service companies are paid higher than other sectors. Apart from the base salary, they also receive high bonuses and commissions.

Age is not a factor in promotion – Unlike in other industries, employees are not promoted simply due to age or the length of experience in the organization. Financial service companies place more weight on employee’s performance and readiness for advancement. This industry makes an ideal career for young people in a hurry.

Thinner bureaucracy – Financial service companies have comparatively fewer layers of management compared to other organizations. This makes decision-making rather quick and provide a lesser number of middle men between staff and senior management. Some financial companies, such as banks and insurance providers, have a more bureaucratic style.

Quick pacing – Because their organization has fewer employees and lesser bureaucracy, financial workers are required to think, decide, and act quickly. This can be difficult for some, but exhilarating for others.

Source: About.com


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