If you know about numbering and accounting and consider that your future in the Finance field then your role enhances the oversight and management for an individual to manage his financial assets. Then this field provides a lot of job opportunities for the fresher. In this article, we will discuss the job available in this field.
First of all, we have to know about finance what actually finance is, and how exactly it works.
What is Finance?
If we talk generally Finance refers to all management, organization, creations, money, and financial resources. All these things include borrowing, spending, investing, and getting loans. If you are really interested in this kind of field then you must know about the following things:
- Profit
- Interest rates
- Finance Statements
- cash flow
- Risk and return
- Cost of capital
- Creating Value
- Time Value of Cash
Now we talk about its categories. There are three main categories of finance that are discussed below
Public Finance
This type of finance helps the government maintain its economy by trading and tracking expenses and revenue. For example, this type of finance involves money distribution in public, tax systems, and more.
Private Finance
In this type of finance, an individual can spend, invest, borrow, save their income in their houses, and then protect their assets. The main function of personal finance is to protect its users from any kind of debt charges.
Corporate Finance
The main function of this type of finance is to manage your business and the main function is to make your work stable financially and this includes tax management, funding, donations, and investments.
Now it is time to come toward our main point
how many jobs are available in finance?
If you are interested in finance as your future career then you will be surprised that there are a lot of jobs available in this Finance field. If we talk about the Canada Job Bank provides jobs of about 23700 from 2022 to 2031 but it depends upon your location in that city. As Canada Job Bank shows major job opportunities are present in Ontario, Quebec, and Manitoba while it was low in British Columbia.
You can also adopt many careers like finance in your plans like the following
- Auditing
- Insurance
- Wealth Management
- Mortgages
- Corporate Finance
- Personal Banking
- Investing Banking
- Loans
There are various in-demand finance jobs available in that kind of field. It is compulsory to know about all of them to decide about your future career and these are following
Financial Advisor
The first of them was Financial Advisor its average yearly salary is about $55,550 per year and it is the best choice to choose for your career.
Business Analyst
The main role of any business analyst is to process all the interests of a company and advise them for its improvements. The average salary for this job is about $70,000 per year.
And many more job opportunities like them you can also get a lot of benefits from working in that finance.